Where to Buy Dash (DASH) Token ByJohn LadelucaPRO INVESTOR Updated: 20 February 2023 Originally founded in 2014, Dash has always been one of the most popular cryptocurrencies in the entire blockchain sector. You may find Dash as a mode of payment on several websites or platforms that support cryptocurrencies as a means of exchange. This is because of its similar to Bitcoin. Dash also shares the primary use case of being an efficient payments network. While the growth of Dash has been extremely volatile over the years, its community has seen consistent growth, mainly due to a fundamentally strong product offering and its potential as a cryptocurrency. Dash was initially launched as Xcoin before being rebranded as Darkcoin for a brief period. In 2015, the token got its current name, which quickly gained popularity along with a massive number of investors. It was co-founded by Evan Duffield and Daniel Diaz with the motto of creating a privacy-first asset of exchange. The project, as mentioned before, was created keeping in mind the control and privacy that users should have with their funds. The idea for this was referenced from Bitcoin’s whitepaper released by Satoshi Nakamoto back in 2008. While Dash’s fundamental use was indeed innovative and ambitious, it became an altcoin that was prone to pump-and-dump scenarios. This was during the early days of cryptocurrencies when Dash was among the top cryptocurrencies to exist within the entire space. Currently, instead of being an anonymity-centered token, Dash aims to be a day-to-day medium of exchange and a good one at that. How to Buy DASH (Quick Step Guide) Step 1: Open an eToro Account – The first step is to open an eToro Account, which requires one to sign up at etoro.com and provide KYC details. Step 2: Deposit Funds – Link a deposit method and then proceed to fund your account for $10 if you are from the UK or the US. You can fund your account using crypto or fiat methods like debit/credit cards and more. Step 3: Search for DASH – Find a pairing of “DASH” to your deposited crypto – on eToro, you must search for the token by typing in the ticker name –DASH – in the search bar. Step 4: Buy DASH – Click on the “Open Trade” button, put in your buy order, enter the amount of DASH tokens you want to buy and click on the Trade button to submit. Buy DASH Now Where to Buy DASH in 2023? Dash is a popular crypto that was once counted as one of the most valuable altcoins in the industry. It may not essentially be within the top 10 cryptocurrencies at the moment, but it is still a widely known digital asset. Buying DASH may not come off as a task since almost every top exchange hosts the token. Here, we have listed and reviewed below three of the best exchanges that can be used by beginners and experienced investors alike to buy DASH tokens. All of them cater to a global audience and have a trusted following, thanks to their experience. Each exchange’s interface can be fairly easy to navigate and often comes with in-built video tutorials and educational resources so that the investors do not have any trouble finding or buying their desired cryptocurrencies. eToro – Award-Winning Cryptocurrency Exchange As an exchange that has been nominated for and even won multiple awards as a financial assets broker, eToro is undoubtedly one of the best platforms for buying DASH tokens. It was founded in 2007 and has since remained a prominent name within the finance domain. eToro is a platform that deals with everything finance-related and hosts multiple market asset categories for users to invest or trade-in. A popular feature of eToro is its copy-trading option, where investors can copy the strategic decisions made by professional traders and make similar investment or trading decisions for better profits. It boasts 3000+ investable assets – our of which, upwards of 79 are cryptocurrencies, and caters to more than 30 million users worldwide. Headquartered in Central Israel, the entity has offices in more than 10 locations across the globe. It is regulated by some of the most reputed government bodies like the CySEC, FCA, and ASIC. Multiple payment options, dummy accounts to practice trades, a wide variety of cryptocurrency pairs, and an efficient user interface makes eToro a recommended choice for buying DASH tokens. Pros Investors can copy other traders using the copy trading tool Virtual Portfolio and educational tools for beginners Social trading platform to connect users Zero commission on stocks Competitive spreads depend on the types of cryptocurrencies Cons It may not be suitable for traders looking for advanced technical analysis Withdrawal fees Inactivity fees Limited investment options Buy DASH on eToro Your capital is at risk Binance – Top Crypto Exchange with High Liquidity Binance is the biggest cryptocurrency exchange in the world, with upwards of 14 million weekly visits. It is the No. 1 exchange in the industry in terms of volume traded and consists of some of the most innovative and sought-after product offerings. Launched in 2017 by Changpeng Zhao, Binance took off instantly and amassed one of the biggest communities within a very short span of time. It has offices in several parts of the world and caters to a truly global audience. It hosts more than 350 top cryptocurrencies for users to invest or trade, along with a wide variety of features that appeals to every type of cryptocurrency enthusiast. Binance currently boasts more than 120 million users and has dipped its toes in almost every blockchain category, like Defi, NFTs, Gamefi, etc. With its very own blockchain network and much more components, it is one of the safest and best options to consider while looking to buy a cryptocurrency like DASH. Users can also benefit from the high liquidity it provides since the volume traded on the platform is higher than every other exchange at the moment. Binance has also bought hefty insurance packages so that investors can be compensated if the platform does, in fact, get affected by some external threats like a hack. With swift deposits and withdrawals, buying DASH on Binance comes easy, and so does send it across to other wallets for actual use. Pros Basic and advanced trade setups Good liquidity Extensive educational resources Various deposit options Hundreds of cryptocurrency pairs Secure multi-currency wallet Cons Complex platform; may not be suitable for absolute beginners Has run into regulatory trouble in several countries Buy DASH on Binance Your capital is at risk OKX – Popular Crypto Exchange with Low Fees While eToro and Binance are two of our top recommendations, another one that investors should absolutely not overlook is the OKX exchange. Not only is it one of the most trusted entities in the blockchain space, ranking seventh on CoinMarketCap, but it is also an ideal platform for beginners since the interface has been created, keeping in mind any difficulties that newbies to the cryptocurrency industry may face. Since its inception in 2014, OKX has managed to position itself as one of the best cryptocurrency exchanges in terms of liquidity, safety, fees, products, and trading efficiency. It has set up an entire paper trading section, where players can practice trading or investing with demo funds before actually injecting real money into their accounts. It is one of the top 10 cryptocurrency exchanges in the world, according to CoinMarketCap, and has an extensive set of features to actually support this claim. One can learn about crypto, purchase NFTs and even stake their crypto for good interest rates on the OKX platform, which is currently a top choice in over 180 locations across the globe. So if an investor is looking for an exchange with excellent customer support, no deposit or withdrawal fees, and several other perks in one place, then OKX can be an ideal option. Pros Accepts multiple payment methods, such as a bank transfer Huge selection of crypto coins Allows a range of pro-trading options like spot, futures, and derivatives trading It has an easy interface together with a separate mobile application Low trading fees Zero OKX deposit fees Cons US citizens are not allowed A demo account is not available There are limitations to withdrawals Buy DASH on OKX Your capital is at risk What is DASH? The DASH token was introduced as a fork to LTC and has since reigned as a payment alternative to both Litecoin as well as Bitcoin, the frontrunner cryptocurrency. The company had initially tried to create a private and completely anonymous payment structure when it was called Darkcoin. However, it shifted its plans to become a more widely used medium for daily transactions; effectively one that can be utilized as an alternative to fiat. The algorithm that each technology utilizes to mine coins is the primary distinction between Dash and Bitcoin. Dash uses the X11 algorithm, a modification of the proof-of-stake (PoS) algorithm. Additionally, it leverages “CoinJoin” mixing to encrypt transactions on its blockchain and enable privacy. A proof-of-work (PoW) algorithm is used by Bitcoin. The systems used by the two cryptocurrencies to process transactions differ. On the blockchain of Bitcoin, each network node must verify a transaction. Infrastructure for full nodes must be heavily invested in for the process, which aims to ensure consensus without authority (full nodes are nodes dedicated to mining). Under this arrangement, full-node Bitcoin miners invest growing sums of time and money in guaranteeing smooth operations. DASH also addresses the issue of transactions’ scalability, which is something that BTC lacks. This is due to the fact that the quantity of nodes needed to authorize a transaction is decreased to a tolerable level. Masternodes are in charge of authorizing transactions from the miner network and giving the Dash network services like payment and privacy. Is it Worth Buying DASH in 2023? As a cryptocurrency token, the popularity of DASH has taken a hit in the past couple of years. This has been due to multiple reasons – but the recent market crash is the real culprit. That said, DASH is a utility token and will likely gain success as a financial instrument as the market matures. It is already used as a payment method on several websites that accept cryptocurrency payments, including Bitcoin casinos, service providers, etc. As an industry still in its infancy, the ongoing market trend is often what dictates the price action of any cryptocurrency. However, in the upcoming years, we can expect to see DASH trading at a much higher level since the token’s fundamentally strong use case may contribute to heavy adoption across the globe. The DASH price pumped to surprisingly high levels back in 2017 when it went from being worth around $11 to the north of the $1200 range. But this was during a stage where Defi and payment network-based cryptocurrencies were the most sought-after assets in the blockchain space. The market has evolved immensely since, making such a monumental price increase a very unlikely scenario at the moment. While it may not be the best investment for short-term holders, DASH can be a great asset to hold for those looking to park their funds for a longer duration. Buy DASH on eToro Your capital is at risk DASH Price Towards the end of 2022, DASH was trading in the $41 range and was on a continuous downtrend, which was reversed as the bullish sentiments started overpowering the market in January 2023. It is since gained value and is currently worth around $73. At the time of writing, the token boasts a whopping $138 million traded volume with an $816 million market cap. The project’s social media accounts have also kept its community updated about any forthcoming developments or upgrades, which has contributed to this newly seen growth of the DASH token. DASH Price Prediction DASH has good growth potential, as we saw above in the article. A price prediction for the same can be made based on its historical movements and other technical price factors. While they may fluctuate under any unforeseen events in the market, a general idea of where the token might be headed can be derived using this method. Here is our price prediction for the DASH token for the upcoming 5 years. DASH Price Prediction 2023 2023 may be a good year for DASH. We expect the project to be adopted by some newer organizations, thereby increasing its demand. By the end of this year, DASH is likely to be trading in the $120 level. DASH Price Prediction 2024 Under ideal market conditions, DASH may be able to become a cryptocurrency that gains major traction across the sector. This growing attention could help the token increase in price further. We predict DASH to be worth about $186 towards the end of 2024. DASH Price Prediction 2025 With a strong team, DASH may be able to scale its product and become a name that is common within the payments industry. If it is able to successfully penetrate the payments network industry and partner with major organizations by 2025, then we may be able to see the token within the $320- $410 range. DASH Price Prediction 2026 After a point, the market cap of DASH will have inflated to an extent where considerable growth will be directly dependent on the interest shown by its dedicated community. With more collaborations, partnerships, adoption, and overall support from its investors, DASH may be able to spike in price and potentially explore the $630 range. Buy DASH on eToro Your capital is at risk Ways to Buy DASH Buy DASH with Credit/Debit Cards Credit/Debit cards offer quick, convenient, and almost instant transactions when you are buying cryptocurrencies. However, these types of transactions almost always cost more than bank transfers. Moreover, not all of the providers offer credit/debit card payments. The cheapest way to buy DASH with a credit or debit card is at reputed cryptocurrency brokers. Buy DASH with Paypal PayPal is one of the most popular payment services on the globe. The service is trusted by millions of customers all over the world due to its security and convenience. PayPal maintains its tight security by strict rules, which include denying cryptocurrency and crypto-related transfers. Therefore, you can’t buy Dash with PayPal directly. However, there’s a workaround that lets you convert Dash to PayPal indirectly. Exchanges, such as eToro and Binance, often accept PayPal deposits. Just create and verify your account, deposit funds via PayPal, and use that to buy Dash. Buy DASH without KYC Privacy-conscious users might want to take the DEX route if they don’t want to reveal their KYC details. But that method is difficult to pursue for beginners, and the onus of handling the tokens rests on the users only. That said, Changelly and OKX DEX are suitable options for those wanting to swap DASH without providing any KYC details. Best DASH Wallet Bought DASH must be stored in a good cryptocurrency wallet for the sake of security. There are many non-custodial wallets like Ledger and Phantom are great choices for the security conscious. Beginners who want easy access to their tokens and want flexible options can opt for an eToro wallet. The eToro wallet is downloadable on all mobile devices and is suitable for holding all kinds of assets – including DASH. Get eToro Wallet Your capital is at risk How to Buy DASH – Step-by-Step Guide Step 1: Register on the eToro Exchange eToro has one of the easiest registration processes, In order to get started, all you need to do is fill out a form that will appear as soon as you visit the website and click on the “Create an Account” option. Here, you will be required to fill out simple details like your name and email ID, and create a password. You can complete the exchange’s KYC process too, which is verified almost instantly. Step 2: Deposit Funds To buy DASH tokens, you must have funds in your eToro account. You can choose from a variety of payment methods at eToro to add money to your account. Alternatively, you may also send tokens directly to the exchange for 0 fees if you have stablecoins or other cryptocurrencies that you want to exchange for DASH in your Defi wallet. Step 3: Buy DASH Simply look for the DASH ticker on the eToro spot section after funding your account. You can choose to buy the token on the next page. Place an order by entering the number of tokens you want to buy. The DASH tokens will be automatically transferred into your eToro exchange wallet as soon as the current token value reaches the price of your order. How to sell Dash? After a time when your coins have risen so much, you may want to sell them to make some profits on your investment. In other, less fortunate cases, you seek to sell your digital currencies to minimize your losses. The same can happen with DASH, so we are here to show you briefly how you can sell Dash on one of our top-rated cryptocurrency exchanges, eToro. Go to eToro and click on the portfolio button. Select “DASH”. Select the number of DASH tokens to sell on the pop-up that appears before you. Click on the “close trade” button to close your position on DASH. Buy DASH on eToro Your capital is at risk Conclusion Now you know the best services where you can buy Dash. You have also learned how to use these services as well as different payment methods (credit card, PayPal) to purchase the coin. And you learned the difference between buying crypto CFDs and trading while owning the coins in a wallet. After analyzing numerous exchanges, we chose to make eToro, Binance, and OKX our top picks for buying DASH. As reputed entities within the space that offer good security and an efficient trading engine, all three aforementioned exchanges could be excellent options for beginners and experienced investors to stock up on some DASH tokens. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 30 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Professional Crypto Traders Buy Crypto 81% of retail investor accounts lose money when trading CFDs with this provider. FAQ Can I invest in Dash? Yes, Dash is a cryptocurrency that is widely available across multiple crypto exchanges, Anyone can buy DASH tokens. However, our top picks for buying DASH are the eToro, Binance and OKX exchanges What’s the most secure Dash wallet? Keeping your Dash secure is crucial when you are using a cryptocurrency wallet. Therefore, you have to select a service that will keep your coins safe. We recommend using trusted hardware wallet brands, such as Ledger, Trezor, and KeepKey. All of these providers are highly praised in the cryptocurrency space, and their devices are offering storage for numerous coins, including Dash. However, if you want to stay with a software wallet, Metamask is a great service you can trust. Can DASH be a profitable cryptocurrency? We expect DASH to be a profitable investment. WHile it may not essentially have a strong short-term potential, the token can surely be an exceptional investment for long-term holders. What was Dash called before? Dash was initially launched as Xcoin, which was later rebranded to Darkcoin. However, since the team decided to focus on making the project a daily transactional asset, they changed the name again to Dash in 2015 Is Dash a scam? No, Dash is certainly not a scam. The cryptocurrency has a solid team behind that is continuously improving the network. Also, many investors and traders have made profits by either buying and holding the coin or by trading it. Should I invest in Dash? That’s a question you need to answer yourself. Do you have the necessary financial background that would allow you to invest in Dash? Did you do a thorough background check on the coin? If yes, did you find the coin a solid investment? If you answered all these questions yes, then you may go for investing in Dash.