Currencies> Dash coin (DASH)

Dash coin (DASH)

What is a Dash coin?

The Dash coin was previously known as XCoin and Darkcoin. This is the internal currency of the payment system called Darksend. The idea of the project was to create a money transfer service in which all the participants of the transaction will be completely anonymous. At the same time, the owners of the project do not hide personal information and are well known to the public. Dash is one of the most famous cryptocurrencies holding high positions on the world crypto market.

What are the advantages of the Dash coin?

  • The minimum time for the transaction.Thanks to the InstantSend algorithm, financial transactions with Dash are carried out instantly.

  • High anonymity of transactions.For additional protection of personal data, the system uses the PrivateSend algorithm.

  • Decentralization.Key decisions in the system are made by all holders of cryptocurrency.

  • Benefit.Fees for transactions in the Dash system is much less than other cryptocurrencies, and even than some banks.

  • Two-level architecture.This system allows you to implement the unique blockchain updates that other competing cryptocurrencies can’t use.

Where to store Dash?

Dash is a popular cryptocurrency that is widely used for various financial transactions. Also many people are involved in the Dash coin mining. Therefore, there are plenty of storage options. First, you can use your the Dash coin Core wallet. It is installed directly on the computer. Secondly, Jaxx. One of the most popular crypto wallets that allows you to store several types of coins at the same time. Thirdly, Ledger Nano is a hardware wallet that will always be with you. If you browse the Dash coin news, you will definitely find some other options for storing the cryptocurrency.

How to buy the Dash coin

Dash is traded on almost all working cryptocurrency exchanges. It can be bought on Bittrex, Bitfinex, Poloniex, Cryptopia, Binance, YoBit, EXMO, Coinbase and many other Dash coin exchanges. Operations with Dash are held on the trading platforms both in cryptocurrencies and fiat money.You can review the Dash coin chart on Coinmarketcap anytime. You may always check the most relevant Dash coin price on CoinMarketCap.

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