Buy DASH crypto currency by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about how to Buy DASH Cryptocurrency.
How To Buy DASH Cryptocurrency?
DASH is an open source peer-to-peer cryptocurrency that was launched in 2014, under the name XCoin (XCO) and then, just a few days later changed its name to Darkcoin. Since March 2015 it is known as Dash. It can be used for online payments and instant sending of funds.
If you want to buy Dash, there are a few ways you can do it:
1. Buy Dash with another cryptocurrency. There are a few exchanges that offer buying of Dash with fiat currency, but there are a lot more where you can change another cryptocurrency like Bitcoin or Ether for Dash, but you will need that first. You can get it at Coinbase, which is a major exchange. It has a New York license, operates in a lot of countries and charges just 4% fee for payments with bank cards.
2. After you get your Bitcoin, you open an account with an exchange where you can buy Dash with it. Such exchanges are Bitfinex, Changelly, Cryptopia, Shapeshift. There are many others listed on the Dash website.
3. Transfer your Bitcoin to the exchange you chose. Most cryptocurrency exchanges normally do not charge a deposit fee for cryptocurrencies.
4. Buy Dash with Bitcoin you already have from the exchange of your choice.
You can also buy Dash directly with fiat currency. There are some exchanges like Kraken, BitPanda, Bittrex and AnyCoin Direct. Bittrex, for example, is a major US exchange with lots of coins, while AnyCoin Direct is very convenient if you live in the EU.
If you want to store your Dash, you would need an e-wallet or a hardware wallet. The Dash developers offer their own Dash wallet, which also has a mobile application. The Exodus wallet is another option and it has an advantage that in it is integrated the Shapeshift exchange. This can be quite handy, if you use this exchange. There are also hardware wallets and even a paper wallet, listed on the Dash website.
If you don’t need the Dash itself, you can use the services of a regulated forex broker to trade on cryptocurrency CFDs. This has its advantages, as you don’t need to deal with exchanges and opening of numerous accounts. Besides, trading on regulated brokers is a bit safer, as they abide by strict rules and requirements. Not many regulated forex brokers offer trading in Dash, but the UK forex broker eToro is one of them.
To buy the coin you can sign up with a cryptocurrency broker, you can use Plus500, XM, eToro, Fxpro or AvaTrade crypto currency brokers.
How to buy Buy DASH Cryptocurrency Conclusion
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