With cryptocurrencies taking over the world, people are not only taking an interest in Bitcoins and Ethereum now but in many of the top altcoins. One such altcoin is DASH which is in the limelight because of its strong foundation and practical usage. DASH cryptocurrency is ranked 20 on coinmarketcap and is considered one of the most popular altcoins in the market. So if you are interested in investing in DASH, you must want to know about the best DASH wallets available in the market. In this article, we are going to help you out with the same. Go through the guide and find out the best DASH cryptocurrency wallets 2020.
If you are a beginner and don’t know about Dash, we suggest you check our guide about Dash Cryptocurrency first.
Where To Buy Dash Cryptocurrency
Whether you want to invest in DASH for the long term or going to earn profits through day trading, the first step is to buy Dash Cryptocurrency. Well, now the question is from where and how to buy DASH. There are plenty of crypto exchanges from where you can buy DASH instantly in a few steps. While choosing the best crypto exchange, you must consider some factors like payment methods available, fees and of course security features.
Some of the best DASH crypto exchanges are CEX.io, Binance, Changelly, Bitfinex, Kraken, Bitterex, and WazirX. Before you go on and open an account in any of these exchanges, do your research and also check out whether its services are available in your area or not.
Best Wallets To Store DASH Coins
DASH is among the top cryptocurrencies that are people interested in, which is why there are plenty of wallets that support the currency. Well, it’s not about how many wallets are available actually but the fact that how many of them can be trusted. There are several types of crypto wallets that include Hardware wallet, Desktop Wallet and Mobile Wallets. Each crypto wallet has its advantages and disadvantages. However, in our opinion, hardware wallets are the most secure and safe from hackers. So, now let’s check out the best DASH wallets available in the market.
The reason why Hardware Wallets are the most secure way to store cryptocurrencies is that it lets you have complete control of your coins. There’s no risk of hacking and phishing because the private keys are stored on a separate device.
Ledger Nano S
We consider Ledger Nano S as the best crypto wallet among all because of its security features and compatibility with other software wallets. If you own a lot of DASh coins, then Ledger Nano S is your best bet.
Advantages of Ledger Nano S
- Highly reputable.
- Support plenty of cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash and many other altcoins.
- Also supports crypto tokens.
- Most secure among all.
- Compatible with a software wallet.
Trezor One and KeepKey are some of the alternatives of Ledger Nano S. They are also hardware wallets but not as inconspicuous as Ledger Nano. While Trezon One looks like a small calculator with an OLED screen, KeepKey is more than twice the size of Trezor which makes it difficult to carry around.
Desktop wallets are considered the second most secure crypto wallets after hardware wallets. It is because desktop wallets store your private keys on your device only and not on the servers.
Exodus is on the top on the list of the best crypto wallets. It was the world’s first-ever desktop wallet to support multiple cryptocurrencies. The best thing about Exodus wallet is that it is free of cost and has a user-friendly interface.
Advantages of Exodus Wallet
- Easy and user-friendly interface.
- Supports over 100 cryptocurrencies.
- One-click restore system.
- No registration or identity verification required.
- Compatible with Mac, Linux as well as Windows operating system.
Disadvantages of Exodus Wallet
- InstantSend/PrivateSend feature not available.
Dash Core is the official Wallet of DASH coin. If you want to access all the features of DASH cryptocurrency, then it is the one for you. Like any other Desktop Wallet, it lets you store your private keys on your device only.
Advantages of DASH Core
- PrivateSend/InstantSend feature supported.
- Restore and backup available.
- Compatible with Mac, Linux and Windows as well.
Disadvantages of Dash Core
- Cannot be installed on slow PCs because it needs a lot of Disk space.
The only reason why mobile Wallet is not recommended for storing cryptocurrencies is that it is prone to hacking. Your mobile stays connected to the internet most of the time that increases the risk of phishing and other scams.
Coinomi is a cryptocurrency wallet for mobile devices. It supports a range of cryptocurrencies including DASH. It might not be the best crypto wallet out there, but its robust security features make it stand among the best DASH wallets.
Advantages of Coinomi
- One of the best in terms of security.
- Supports top crypto exchanges including ShapeShift and Changelly for trading.
- No fees involved.
Disadvantages of Coinomi
- Does not support crypto to fiat exchange.
- The Wallet is not open source and regulated.
DASH Core iOS
Dash Core iOS is the mobile version of DASH’s official Wallet. It is considered as one of the best DASH mobile wallets because there’s no third-party in between which prevents hackers. Furthermore, it is the only DASH wallet available for the iPhone. Just like DASH Core desktop wallet, it supports all the features of DASH cryptocurrency except PrivateSend feature.
There are other multi-cryptocurrency wallets that are compatible with both mobile and desktop devices, for example, Jaxx and Atomic wallets. These wallets allow you to access your cryptocurrencies simply from your devices. As you know, there are always risks associated with storing your cryptos on mobile; we don’t recommend it as the safest method. But if you want to store a meagre amount of assets, you can try them.
Advantages of Jaxx Wallet
- Supports multiple-cryptocurrencies.
- Allows users to restore funds.
- Feature to export/import private keys available.
- User-friendly interface.
- Integrated with ShapeShift crypto exchange.
- Compatible with Windows, Mac OS, Linux, iOS and Android.
Disadvantages of Jaxx Wallet
- InstantSend/PrivateSend DASH feature not supported.
Atomic wallets support more than 300 cryptocurrencies and are compatible with all desktop and mobile devices.
Advantages of Atomic Wallet
- User-friendly Interface.
- Built-in feature to buy cryptocurrencies.
- Supports ERC20 token.
- Integrated with Changelly and Shapeshift.
Disadvantages of Atomic Wallet
- Not open-source.
- Lacks 2FA features.
Guarda Wallet is a non-custodial multi-currency crypto wallet which is available on Web, Desktop, Mobile, Chrome extension platforms. The wallet supports more than 10k assets including Dash. A great thing about the wallet is that it supports currency specific features, like staking and delegation.
Best DASH Wallets: Conclusion
Finding the best Wallet to store your coins is not an easy task, and one must do thorough research before trusting a brand. We’ve provided you with the list of best DASH Wallets, but we suggest you do your own research also. Maybe, you will find Guarda Wallet useful. In case you are a beginner, learn everything about the cryptocurrency in advance before you start trading or investing in it.
Articles You May Read