Before knowing how and where to buy Dash, it would be helpful to understand certain important features of the altcoin that offers impressive advantages over standard currencies.
Dash is a cryptocurrency with a strong focus on blockchain for enabling trustworthy and decentralized transactions. Security of the blockchain ledger can be attributed to the proof of Work consensus which facilitates Dash mining CPU by individual miners.
The very fact that Dash is a decentralized cryptocurrency with Peer to Peer and open source nature makes it technologically more advanced than any fiat currency. The main promoters and developers of Dash coin ensure that it is continuously improved in terms of protocol so that users can experience seamless ease and convenience.
Dash price was just about $11 during the initial phase. The present market cap and Dash price, position it among five leading Cryptocurrencies in the world. The amazing progress of Dash has happened within just a year.
Major benefits of Dash
Dash is a short form for Digital Cash and users can transact or exchange it anytime and anywhere without the constraint of geographical boundaries unlike local currencies. The anonymous nature of any transaction involving Dash is maintained via its unique PrivateSend feature. This facility leverages Masternodes for mixing coins and secures the entire trail of transactions from the beginning to end.
You can make secure and private purchases by using Dash instantly because of its InstantSend facility. Payments made by using Dash are promptly confirmed, thanks to a large number of miners and their thousands of Dash mining CPU machines, working overtime.
Importance of wallets
There are two types of wallets to secure Dash after you have purchased it. It is important to be aware of Dash wallet before beginning to purchase Dash. Depending upon the volume of Dash you can choose from a hardware wallet for bigger amounts or a mobile wallet for smaller amounts.
Ideally, you should select desktop wallets for better convenience by making sure that the wallet allows use of PrivateSend as well as QuickSend for greater flexibility. Depending on the level of functionalities, one can either consider Dash Core Wallet or Electrum Dash Wallet.
For users on the move, Dash mobile wallets are perfect. There are several options to consider and some of the mobile wallets offer seamless support to iOS as well as Android operated mobiles.
Ways to buy Dash
It should be remembered that Dash mining CPU can help miners earn Cryptocurrencies without any influence of Dash price. However, if you do not wish to invest time and efforts, then the easiest way to buy Dash is to use Bitcoins for purchasing it.
Exchanging of altcoins such as Dash or Bitcoin is enabled by number of online exchanges including Changelly. Alternatively, you can exchange fiat currency by using credit cards to purchase Dash.
If you need a simpler and more direct method of buying Dash, then Kraken exchange allows you to deposit fiat currencies to let you purchase Dash subsequently. One should also try Dash ATM for making direct purchase at current Dash price.