A Step By Step Guide to Buy Dash Cryptocurrency
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A Step By Step Guide to Buy Dash Cryptocurrency

April 2, 2020      Javeria

For most of the people out there in the world, cryptocurrency means Bitcoins which is not true. There are hundreds of cryptocurrencies other than Bitcoins that are being used for investing, trading and for making payments anonymously worldwide. One such altcoin is Dash, which is rated as the 20th best cryptocurrency according to its market cap. Dash coin is one of the popular altcoins, along with other famous altcoins such as Ethereum, Bitcoin Cash, Litecoin, Ripple etc. Read this article to know about the best ways to buy Dash instantly in 2020.

What is Dash (DASH)?

The cryptocurrency was launched in 2014 with the aim to provide more usage of digital currencies. Dash features instant and anonymous online transactions and allows people worldwide to use the cryptocurrency for buying everyday items. However, Dash is no longer listed as one of the top 10 cryptocurrencies; it is still popular among investors. If you are looking for an altcoin that is worth investing in, then you must read this article. Keep reading to know more about how to buy Dash in 2020” and the best dash exchanges available in the market.

Reasons to Invest in Dash Cryptocurrency

Unlike other cryptocurrencies, Dash provides many features to facilitate instant and anonymous payments. Dash’s InstantSend feature allows users to pay using Dash within a second as well as prevent double-spending of the coin, which is a common issue among other cryptos.

The PrivateSend feature of Dash enables users to pay anonymously without revealing identity. The integration of the feature with Masternodes makes it impossible to track the transactions entirely. In short, Dash is a well reputable cryptocurrency which is in the limelight for its astounding features and usability. If you are also considering investing in Dash, Keep reading to know about how to buy Dash with USD and other payment methods.

How to Buy Dash in 2020?

Like other cryptocurrencies and altcoins, you can buy Dash coins from the popular exchanges like CEX.io and Binance. The thing you need to keep in mind while looking for the best platform to buy Dash is the payment options they are offering, charges and security features. Whether you want to buy Dash with Debit card, debit card or any other option, there are plenty of exchanges that support Dash cryptocurrency.

How To Buy Dash Coin In India: WazirX

 

 

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If you are situated in India and looking forward to buying Dash cryptocurrency, then WazirX is your best bet. WazirX lets you buy Dash coins in India using the native currency INR. The exchange supports multiple cryptocurrencies and offers decent features. Like any other Indian exchange, this exchange also requires you to verify your identity. You need to submit your AADHAR card and PAN card details along with your phone number and email address. 

Once your account would be verified, which usually takes a day, you can buy DASH or any other cryptocurrency of your choice.

Best Dash Exchanges Worldwide

CEX.io

 

 

Launched in 2013, CEX is one of the oldest exchanges worldwide. The reason why we’ve put it on the top of the best DASH exchanges list is that it lets you buy Dash with credit card as well as direct bank transfer. You can buy and sell multiple cryptocurrencies from the exchange instantly. The top cryptocurrencies supported on the platform are Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin etc. CEX offers its services all over the world; however, there are some features that are not available for some countries. Before you go on and open an account in CEX, make sure to check if it is providing all services in your area or not.

Binance

 

 

Whether you are new to crypto or been into it for a while, there’s no chance that you might not have heard about Binance. Binance is one of the most reputable and well-known crypto exchanges that offers its services worldwide. To start using the exchange, you need to go through a simple verification process. After verifying your account, you can purchase, trade and sell more than 80 altcoins, including Dash. You can access the platform on your desktop, mobile devices through the website and mobile applications.

Bitfinex

 

 

Bitfinex allows you to buy multiple cryptocurrencies including Dash with no limitation at withdrawals. It is among the highly trusted exchanges worldwide that offer decent features. It supports almost all the crypto coins you could ever be interested in. To open an account on Bitfinex, you just need an email address, and once you are verified, you can buy Dash instantly. Purchase cryptocurrencies using fiat or exchange it with other cryptos, everything is possible with Bitfinex. Check out all the features of Bitfinex and other popular crypto exchanges on our Best Altcoin Exchanges guide.

Kraken

 

 

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Kraken was launched in 2013, which is why it is considered as one of the oldest Bitcoin exchanges. Initially, Kraken used to provide trading services for Bitcoin only, but now it is a fully-fledged crypto exchange. The platform offers trading for more than 20 crypto coins and more than 75 crypto-crypto and crypto-fiat pairs. The exchange is active in many countries, including the US, Canada, and Japan. Once you sign up for the platform, you might have to wait a little longer for verification.

How to Buy Dash with Debit Card or Credit Card?

 

Buying cryptocurrency using your Debit or Credit Card is no more pain. Many exchanges like CEX.io now offer direct purchase of dash and other cryptocurrencies through various payments methods that include Mastercard, VISA card, and bank transfer as well. If you are depositing any other currency rather than USD, EUR, GBP or RUB, you would need to convert it first. Read the steps given below to know how to buy dash with Credit card and Debit card.

  • Link your card to your CEX account.
  • Click on the Deposit button.
  • Select the payment method from the given options.
  • Choose your currency and enter the amount you want to transfer.
  • Do check out the total amount that includes the fees charged.
  • Select your card details and accept the terms.
  • Make sure to double-check all the details and then click on Deposit.
  • At last, you need to enter the 3DS code sent to you by your bank to confirm the transaction.

Once you deposit your fiat currency into your CEX account, you can use it to buy any cryptocurrency on the platform. Use the deposit amount to buy dash instantly.

How To buy Dash with Paypal?

 

The reason why you haven’t seen the option of Paypal to purchase cryptocurrency on the exchanges is the risk involved with it. As the Paypal payments can easily be reversed, it is extremely risky to buy Dash with Paypal. However, there are other platforms that allow you to buy Bitcoin with Paypal which you can then exchange with any other cryptocurrency. One such platform is LocalBitcoins. LocalBitcoins is a P2P Bitcoin exchange that enables users to sell and buy digital coins from other traders. Know that if you want to buy cryptocurrency with Paypal, you might have to pay high charges because of the risks involved with the payment methods. Use the three simple steps given below to buy Dash with Paypal.

Step 1: Sign up and open an account on LocalBitcoins.

Step 2: Search for the traders that are offering Bitcoin in exchange for payment through Paypal and buy bitcoin with Paypal.

Step 3: Now you can use these Bitcoins to buy Dash cryptocurrency. It’s your choice if you want to purchase Dash from LocalBitcoins only or any other crypto exchange.

How to Sell Dash?

Selling Dash is as easy as buying it from these crypto exchanges. All you need is to open an account in any of these famous crypto exchanges and then you can buy, sell or trade DASh instantly. However, you might not be able to exchange DASH for fiat easily. But you can exchange it for the top cryptocurrency like Bitcoin and Ethereum and then exchange it with fiat currency. Other platforms that allow the exchange of Dash currency are Change, EXMO, eToro, Bitpanda and Coinbase. Make sure to research thoroughly about the exchange charges and payment methods supported before selling or purchasing any cryptocurrency.

Buy Dash Cryptocurrency In 2020

So, these were some of the top cryptocurrency exchanges that allow you to sell, trade and buy Dash in 2020. The world doesn’t end here. If you are still not satisfied with the list, you can check out other platforms such as Changelly, Bitterex, Coinbase etc. although Dash is an astounding cryptocurrency, we don’t recommend it for HODLING. If you are specifically interested in long term investment, check out our guides to know which cryptocurrencies can provide you with good profits.

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Javeria
Javeria

Javeria is into the crypto world ever since she heard about it and is pursuing her interest through cryptoknowmics. She is a sensational poet, technical writer and content strategist. Not to mention that she can go crazy when it comes to vampires and Wonder woman.