Dash is one of the most popular cryptocurrencies with its history dating back to 2014. CEX.IO has added the coin to the exchange considering the growing interest towards Dash. Here you can simply open a free account on CEX.IO, deposit funds, and buy the needed amount of Dash right away — either by using an Instant Buy service, or by trading.
Thereafter, you can either keep Dash coins in our cryptocurrency cold storage, trade Dash, or withdraw coins to your wallet.
How it works?
What is Dash?
Dash is a cryptocurrency that is used for sending and receiving payments but with better privacy and higher transaction speed than some other cryptocurrencies. There are several ways how Dash can be sent — PrivateSend, InstantSend, and normal transactions. Private Send transactions cannot be traced, while InstantSend transactions are processed in seconds but with an additional fee.
Dash network uses a system of masternodes that simplify transaction verification and validation. Masternodes are responsible for PrivateSend and InstantSend payments, as well as network governance.
Masternodes are rewarded by the network, so it is possible to earn Dash coins just by running a masternode. Users need to freeze at least 1000 DASH to set up a masternode. The masternode operator can withdraw or spend his collateral at any time, but then the node will lose its masternode status and stop receiving rewards.
Where to Buy Dash?
Dash is one of the most popular cryptocurrencies that has been on top for a long time, so a lot of crypto exchanges support Dash. But, as always, before trying to find the best bitcoin trading platform or crypto exchange, you need to make sure that it is available in your country and supports a decent number of payment options you can choose from.
CEX.IO is a global cryptocurrency exchange that supports fiat currencies such as USD, EUR, GBP, and RUB. But you still can use your local currency to buy Dash! Just make sure that your Visa/Mastercard payment card supports conversions and international transactions. Then select the currency on CEX.IO and the transaction amount will be converted on your bank’s exchange rate.
But not only debit and credit cards are available to purchase Dash. You can also use international (SWIFT), domestic (ACH, SEPA, Faster Payments) bank transfers, and online wallets (Skrill, Epay) to replenish your CEX.IO balance and buy Dash.
How to Buy Dash with a Debit Card on CEX.IO?
At CEX.IO, there are always a few ways of how you can buy crypto. If you want to buy bitcoins with debit card instantly, as well as other cryptocurrencies, then the Instant Buy service is a great choice for you.
To buy Dash using the Instant Buy service, just follow these simple steps:
Select Dash from the dropdown list of cryptocurrencies and choose the fiat currency you want to buy with;
Enter the amount you want to buy or use pre-calculated packs;
Link the card to your account or use a verified payment card for purchasing Dash;
Double-check payment details and confirm the transaction.
That’s all. You’ll purchase Dash in a few seconds.
You can use the Instant Buy service not only for buying Dash. It is also possible to buy Ethereum, Bitcoin, and dozens of other cryptocurrencies. If you are a CEX.IO mobile app user, then you can also use the Instant Buy service. There you will find the Instant Sell service that works the same but for selling crypto.
How to Buy Dash with a Credit Card
CEX.IO provides a unique experience of buying Dash coins with credit cards. You can take any VISA/MasterCard from your pocket, add it to your CEX.IO profile and buy Dash coins with the card funds. CEX.IO is PCI DSS compliant, hence we follow the highest industry security standards to keep your card data safe.
There is another option of how you can buy Dash. You can just place a buy order on the Trade page or in the CEX.IO mobile app. But to do that, at first, you need to replenish your balance using the payment option that suits you most.
After that, select the appropriate market. For example, if you add funds in USD, then it’s better to choose Dash/USD market. Don’t worry if you don’t find the appropriate market for your currency. You can always use the Exchange service in the mobile app to swap between currencies.
Then you need to select either market or limit order. The market order is executed instantly and for the best available price in the order book, so it can’t be reversed. The limit order allows you to set the price you want to buy/sell with and can be canceled, but its execution may not be instant since the price must reach the level you defined or there should be opposite orders in the order book for the same price that can fulfill your order.
With CEX.IO, you always have room for experimentation with payment options and trading tools. Find your way and strategy to benefit from Dash cryptocurrency.