A complete guide on how to buy Dash Coin instantly. Learn where to buy Dash Coins - the best brokers and exchanges, and the secure payment methods accepted by most platforms - Paypal and credit cards.
We will answer all questions and detail a step-by-step guide on how to buy Dash (DASH) coins in 2023 on the best DASH exchanges and Dash ATMs. We also help you identify the best broker to buy DASH instantly.
Despite being a fork of Bitcoin and posting relatively fast transaction processing speeds, Dash coin’s performance has been far behind Bitcoin’s. Today, Dash ranks 59th on CoinMarketCap while Bitcoin remains at the top. Dash has a market capitalization of 1.6 billion.
Nevertheless, its volatile daily price movements and promising future have made it a favorite investment product to both short and long-term crypto investors. But, what is Dash Coin? How do you invest in Dash coin? Where can you buy the altcoin and is it a good investment?
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First, find a reputable crypto exchange and confirm that Dash coin is among its list of supported cryptocurrencies. Create a user account by providing them with personal details for identity verification, especially if you wish to buy Dash coins using fiat currency.
You will need to deposit funds in your new account for you to buy Dash. Most crypto trading platforms will allow you to deposit another cryptocurrency like Bitcoin or use other payment methods to buy using fiat.
The supported payment options for fiat deposits vary depending on your preferred platform and country of residence varied but the most common include eWallets (Skrill and Neteller), credit card or debit card, Bank Transfers, and PayPal.
When making fiat deposits, make sure the names on the payment method you use are similar to those used to create your verified trading account.
Once the funds reflect in your crypto trading account, select Dash from the list of supported cryptocurrencies. Most exchanges support many crypto coins, so you may have to search Dash on the search box appearing on the dashboard, then choose the ‘Buy’ option.
When buying Dash from an exchange, you will most likely be presented with a private key that gives you aces and control over the Dash coins. But when buying Dash at a brokerage, you will most likely be trading Dash CFDs which don’t give you access or control over the purchased coins. The upside, however, is that the brokerage lets you buy Dash CFDs with leverage. Please note, however, that CFDs are high risk and can result in significant losses so they should only be traded by experienced traders.
Dash is a cryptocurrency just like Bitcoin that launched in 2014. Its main aim is to provide people with a digital currency to send and receive payments in a faster, more secure, and private manner than Bitcoin. Although often regarded as a Bitcoin fork, Dash was a fork from Litecoin.
It was first launched on January 18, 2014, as ‘Xcoin,’ by American software developers Evan Duffield and Kyle Hagan, although Duffield had conceived the idea back in 2012. It first changed its name from Xcoin to ‘Darkcoin’ ten days after its release. However, this too didn’t last as it eventually rebranded to Digital Cash or simply “Dash” the following year on March 25, 2015.
Today, Dash coin runs on the Dash Blockchain – which essentially is an improvement of the original Bitcoin source code. As such, there are both many similarities and differences between Dash and Bitcoin. Dash is, nevertheless, popular for its improvements in privacy and transaction speeds that surpass Bitcoin’s.
According to the official Dash network website, the goal of the alt-coin is to provide the crypto community with the most user-friendly coin ever. The Dash network prides itself in privacy and fast transaction speeds with scalable payment-focused crypto instant transaction confirmation, double-spend setback protection, and a self-funding and self-governing system of incentivized Masternodes.
The Masternodes are the network’s core that helps Dash to achieve its goal. They are servers with collateral backing held in Dash and designed to securely provide the network with advanced services and govern its proposal system. In addition, they offer an extra layer of security to the network by facilitating the functions of PrivateSend, InstaSend, and ChainLocks and, in return, receive part of the block rewards. These features set Dash coin apart and give it an edge over other crypto coins regarding security, transaction privacy, and speed.
It has a unique self-funding and self-governed development protocol that ensures the Dash network can finance its continued growth and adoption. 10% of the Dash mining rewards go back to the Dash network to finance its growth and development. The usage of these funds is decided upon by everyone in the Dash cryptocurrency community, whereby everyone gets an opportunity to give their opinion on various proposals.
Dash coin users enjoy the privacy that comes with the network’s PrivateSend feature. Whether your transaction is legal or not, the details remain private. As a result, it’s not possible to trace back the transaction or the parties’ identity.
The Masternodes network on Dash provides this unique service that allows Dash coin users to complete transactions almost instantly. InstaSend is, however, a service for which users have to pay a nominal fee. Individuals can still transact without the InstaSend service, but this will take about 2.5 minutes on average.
As a network running under the proof of work consensus algorithm, the Dash blockchain risks a 51% attack. The 51% attack occurs when a miner or group of miners with bad intentions control more than 50% of the network computing power. However, the Dash network protects against these attacks by integrating the ChainLocks feature based on the Long Term Masternode Quorums (LLMQs) and the Dash Masternodes network. The feature mitigates against the risk of 51% attack and also boosts transaction speeds significantly by reducing confirmation times.
As a fork of Bitcoin, there are many similarities between the two cryptocurrencies. Both are digital coins running on blockchain technology and the same POW consensus algorithm and can both be used to send and receive payments. However, the fact that Dash came to provide a solution to some of Bitcoin’s setbacks means there are a couple of functions that the Dash team does differently. Let’s see some of the notable differences between Dash and Bitcoin.
Bitcoin transactions undergo several confirmations before all the miners can verify and clear the transaction. The miners want to avoid the risk of double-spending, so it could take some time before Bitcoin network users complete a transfer, especially for those involving enormous amounts. On average, it takes about 10 minutes.
On the other hand, Dash coin achieved its goal of providing a faster digital payment option to Bitcoin. Users can complete Dash coin transfers instantly by taking advantage of the InstaSend feature at a slightly higher cost. You can also send and receive payments via the normal Dash network, which takes 2.5 minutes on average.
One of the setbacks associated with the Bitcoin blockchain is that it is entirely public. Even though transactions are anonymous, it is possible to trace them on the blockchain. Anyone who holds your public address can view all your Bitcoin transaction history, including the amounts involved in each transfer.
Dash provides a solution to this problem with its Masternode-supported function PrivateSend. It is a service that gives Dash network users the option to make their transactions untraceable on the blockchain. Their identity can also not get revealed to the public.
A group of miners called nodes controls Bitcoin transactions. The miners are responsible for verifying transactions. In addition, they coordinate to reach an agreement under the proof of work consensus algorithm. However, when a person or a group obtains more than 50% of the mining power, the Bitcoin network can suffer a 51% attack, posing a severe security threat.
The Dash network is more secure from such possible attacks due to its two-tier network of verifying transactions. First, the normal nodes are running under the POW consensus, and then the ChainLocks function operates under the proof of service consensus algorithm. Every 12 hours, ChainLocks rotates the group of master nodes that observe and verify transactions on blocks. They form the second tier for securing transactions and can reject blocks added by nodes if they believe the normal nodes did not add the blocks correctly. The master nodes are rated based on how well they provided services in the past.
Both Dash coin and Bitcoin use the proof of work consensus algorithm. Bitcoin purely uses the POW algorithm, but Dash uses a modification called ‘X11.’ Dash also utilizes Conjoin mixing to scramble transactions on its blockchain and facilitate their privacy.
The cost of completing transactions on Dash and Bitcoin also makes a fundamental difference. For Bitcoin, transaction fees vary based on the time of day, the block size, and transaction amounts. Miners also prioritize high-paying transactions so you can pay a few dollars or even more for some transactions. The fees on the Dash network are much lower, typically less than a dollar.
According to Coinmarketcap, Dash closed its first day of trading (February 14, 2014) at $0.374 with a trading volume of $15,422 and a market capitalization of $1.2 million. Since then, the coin has witnessed tremendous growth, ultimately reaching its all-time high of $1493.59 during the 2017 rally.
Dash coin’s growth kicked off in the following months, hitting the $10 mark in just three months. However, it didn’t take long before sliding back to below $10 from June 20, 2014, dropping to $1 towards the end of its first year. The Dash coin didn’t cross the $10 mark again until the first day of August 2016, although it never at any point fell below a dollar.
Dash maintained its prices moderately above $10, only dropping to $9 and $8 occasionally. Eventually, it reached $20 in February 2017, and this marked a turning point for Dash. Since then, its value was consistently on an upward trend, and by March 17, Dash crossed the $100 mark for the first time. However, the crypto volatility was still in play, and the prices kept moving up and down in the following months but with slight margins.
They, however, rebounded towards the end of May, reaching over $300 on August 19. This marked the beginning of the Dash coin’s highest moments, eventually reaching its all-time high of $1,642 on December 20, 2017. Notably, the cryptocurrency’s value remained above $1,000 in the month between December 16, 2017, and January 15, 2018. Later, the crypto market bull run came to an end, and just like it was the case with most cryptocurrencies, the prices began to fall.
The coin’s value kept falling for the rest of the year 2018. By December, Dash was back to below $100. It rebounded in March 2019 but never went too high before reverting to below the mark. In 2020, the trend was no different from the previous year. Dash’s value only went above $100 between January and February, then dropped to the 70s and 80s for the better part of the year but for December when it was above $100.
At this point, you understand the Dash coin’s price history and the factors that influence its price action. Though volatile, you probably understand that it could prove a worthwhile investment. In this section, we learn the most common ways to invest in Dash coin.
Buying and holding cryptocurrencies is one popular investment method that requires the least effort. You buy your Dash coins and keep them in your wallet for as many years as you wish. The holder doesn’t have to keep analyzing the market or tracking the coin’s prices. They are confident that in the long term, the value of Dash will be higher than the current value and hence are not deterred or tempted to sell amidst the volatilities. It works out even for beginners and can be a great retirement portfolio.
You can still trade with Dash without necessarily buying the coin. All you need is to sign up for a cryptocurrency brokerage and choose to trade in Dash CFDs (Contracts for Difference). The brokerages allow you to speculate on the price movements of the coin and decide whether to go long or short. They are attractive because they will enable you to trade even in high-value currencies on leverage. You need a small amount of capital since you are not buying the underlying asset but the contract. Please note that CFD trading can be extremely risky and is not appropriate for all investors. Before engaging in CFD trading, you should carefully consider your financial objectives, level of experience and appetite for risk. You should be aware of all the risks associated with CFD trading, and seek advice from an independent financial advisor if you have any doubts.
Day trading is risky but can be pretty rewarding. Traders buy Dash coins at one moment and sell them immediately when the price goes up. They can also sell when the value begins to go down to avoid making significant losses. The trader keeps track of the price movements throughout the day and completes trades multiple times during the active period. The intention is to close all open trades by the end of the day, hence why it’s referred to as day trading.
Regardless of the method by which you want to trade Dash, you must have the capital. CFD trades also require money, though not as much as is required to buy actual Dash coins. So, how do you pay to acquire your Dash and start trading on an exchange? Let us explore the most popular ways to buy Dash.
credit cards or debit cards are one of the most popular payment methods used to buy crypto coins. You can buy Dash on reputable exchanges like eToro and use cards to pay from anywhere because cards are globally accepted. Your only concern will be whether you can use eToro in your country. They provide you with the advantage of completing deposits instantly. Additionally, the minimum first-time deposit is $200 ($50 for eToro.US users) and the broker does not charge deposit processing fees.
PayPal is a widely accepted and secure payment method. Buying Dash Coin via PayPal on platforms is simple and easy. Transactions are almost instant, and you will have your DASH within a few minutes.
eWallets are a popular payment method because they are widely accepted and easy to access and use. Leading brokerages like eToro support the eWallets, so you can quickly deposit for free and buy Dash or trade derivatives. However, eToro only has the US dollar as its base currency, so some users may have to pay a 2% conversion fee.
The minimum deposit amount is set at $200, although select countries have different minimum amounts. The minimum withdrawal is $30 and attracts a withdrawal fee of $5.
Bank Wire can be a worthwhile option if PayPal and other eWallets are not supported in your country. It may take long before the Dash coins get to your wallet, but the process is friendly. Typically, it will take 3 to 7 days to complete the deposit.
eToro is among the handful of crypto exchange platforms that support anonymous purchases. You can, therefore, buy Dash coin with an unverified eToro account. However, the service is limited to specific countries and the deposit amounts are also restricted. For example, you can only deposit up to $2,250 in an unverified eToro trader account.
There are different reasons why a person may want to Dash coins. For example, you may want to future-proof your kids’ finances, look at it as your retirement plan, or want to make some quick cash from day trading. In any case, you will go through the same buying process and have the exact requirements. So here is all you need to buy your first Dash coins.
The amount of money you need to buy Dash is relative. For instance, it’s hard to say you will buy a Dash coin tomorrow based on today’s prices as they could skyrocket overnight. But, on the other hand, the price could also be significantly low the following day to your advantage. Also, the cost of a coin varies from one platform to another, although by small margins.
Crypto exchanges, too, have varying requirements for the minimum deposits, so it will still depend on the platform you chose. eToro, for example, sets the minimum at $200, but the amount is different for some countries. Also, the mode of payment used determines how much you can deposit. For example, if you use bank transfer on eToro, your minimum deposit rises to $500.
Other factors that dictate how much you will need are your investment goals and disposable income. However, the general rule is that you invest what you are ready to lose.
Dash coin is less than a decade old, but the crypto industry cannot ignore the key features that make it one of the most attractive crypto investments. Today, Dash is highly accessible s it has been listed by a wide range of crypto trading platforms all over the world. From crypto exchanges like Binance to reputable brokerages like eToro and Capital.com, the availability of Dash is unquestionable.
You can also buy Dash on Dash ATMs, over-the-counter cryptocurrency exchanges, and peer-to-peer trading platforms. Most crypto exchanges allow you to purchase real Dash coins, but you can also trade Dash futures contracts on platforms like Binance. In addition, brokerages like eToro will enable you to own Dash or trade derivatives like Dash CFDs on margin. So you only need to decide on the type of trades you want and explore the many options you have.
Don’t feel like going through the process of buying Dash on exchanges or brokerages? Then, you have the option of getting your coins from an ATM. There are hundreds of Dash coin dispensing ATMs spread across the world. All you need is to find one that is near your location, then walk in and buy. Note that you do not take Dash coins with you like in traditional ATMs. Instead, you insert fiat money and the amount of Dash you want, and then the ATM will tell you how much Dash you will get.
Here is a quick guide to buying Dash at an ATM.
There are currently hundreds of cryptocurrency exchanges across the world, not including peer-to-peer platforms and exchange apps. However, since most of them are available in most countries across the globe, you become spoilt about choosing the ideal Dash coin trading platform.
Here is a list of factors you can consider, and be sure to find a Dash coin trading platform that works out for you.
At this point, buying Dash doesn’t have to be a pain in the neck. You know a lot about the coin, including its price history, the different ways of investing in it, the payment options you can use on exchanges, and what to look for in an ideal exchange platform. In the next section, we go over the best six places to buy Dash coins and provide you with a step-by-step guide on how to go about it.
The eToro social trading platform tops our list of the best platforms to buy Dash coins. The platform launched in 2007 and is among the reputable crypto brokerages supporting real Dash coins and Dash CFDs. It has become a popular crypto trading option because it allows both real crypto coins and derivatives and has a highly intuitive user interface. It also provides users with a free demo account.
The account creation process is easy, but ID verification is mandatory in most countries. Only select countries enjoy the option of buying Dash anonymously (without ID verification).
eToro supports various deposit and withdrawal methods, including PayPal, Bank Transfer, credit card or debit card, Wire Transfer, and eWallets like Sofort, Skrill, and Neteller.
The minimum deposit is $200, but there are exemptions for select countries. US residents, for instance, can deposit from $50 while Israel citizens have a minimum of $10,000. The deposits are free, but you will pay a 2% currency conversion fee if you deposit in any other currency. The platform is licensed and regulated by the Cyprus Securities and Exchange Commission and ASIC.
Safely buy Dash on eToro and store your coins on the eToro money crypto wallet that holds your coins offline when not trading, and from where you can send them to third-party wallets.
Check out our detailed eToro review 2023 for more information on how to get started with the broker.
76% of retail CFD accounts lose money
The Capital.com trading broker is a highly reputable trading platform that allows you to trade Dash CFD under the Dash/USD pair. It is a platform that has gained a reputation in the crypto space by providing just the crypto derivative trading option and allowing indices, shares, and commodity trading.
The account creation is straightforward under the platform’s AI technology. Users must verify their trading accounts and have three account options. Also, they can have up to 10 demo accounts and ten live accounts, provided they use different currencies for each.
Deposits on Capital.com start from as low as $20, but bank transfers are a bit higher at $250. The maximum amount varies depending on the type of account created. Typically, the standard deposit methods used include credit card or debit card, Bank Transfers, Trustly, eWallets, Web Money, Wire Transfers, and Apple Pay, and depositing is free. You can confidently sign up, and trade Dash CFDs on this FCA and CySEC regulated platform. Capital.com was also the first platform to comply with ESMA leverage restrictions for user protection.
Our comprehensive Capital.com review 2023 will get you through the process of account creation and more.
Your deposits remain in the Capital.com user account. You only purchase the underlying contract, so you can never move the Dash coins involved in the trade.
The Coinbase trading exchange is among the pioneer crypto trading platforms launched in 2012. It is a fiat-to-crypto crypto exchange, meaning it allows you to make deposits in both fiat and crypto coins. The platform lets you buy and sell Dash coins in the over 100 countries it supports. All you need is to create an account with the exchange by following a straightforward process and verifying your account. Then, you can trade Dash coins on the main Coinbase exchange and store them on the free Coinbase wallet. Alternatively, use Coinbase PRO if you are an institutional or professional investor.
The minimum deposit amount is usually $50, although you can make trades worth as low as $2. The deposits are free of charge, but the platform charges varying fees for transactions made on Coinbase. The costs depend on factors like your country of residence, payment method, and transaction amounts and typically range from 0.5% to 4.5%.
The payment methods vary and include credit card or debit card, PayPal, eWallets, Bank Wire Transfers, SEPA for UK users, Bank ACH for US residents, and Sofort and iDeal for European platform users. Coinbase is safe for trading and regulated by the US Securities and Exchange Commission.
Check out our comprehensive Coinbase review 2023 to learn more about the exchange.
Note: Coinbase will store your Dash coins in its inbuilt wallet. However, you can move them to the free Coinbase or third-party wallets.
As a cryptocurrency exchange available in over 200 countries, the Binance crypto platform secures its position as one of the largest exchanges worldwide. It still ranks high in terms of trade volume and the number of registered users. You can buy Dash coins on the exchange or its peer-to-peer trading platform or still trade Dash derivatives like CFDs and Futures contracts.
The account creation and verification process are straightforward, although you cannot deposit fiat directly on Binance. It is a crypto-to-crypto exchange, so you can only make crypto deposits. If you want to buy Dash on Binance with fiat currency, you must use the peer-to-peer platform or third-party exchanges. Some popular third-party crypto exchanges used include Moonpay, Shapeshift, and Simplex, and the minimum deposit amounts and payment methods will depend on individual platforms. Cryptocurrency deposits are entirely free. You can also buy Dash anonymously, although the maximum amount you can buy is capped at the equivalent of 2 Bitcoins per month.
Binance uses its inbuilt exchange wallet, although it also integrates Trust Wallet to complement its native wallet.
Find out more about the exchange in our comprehensive Biance review 2023.
Note: Your Dash coins remain on the Binance inbuilt wallet, but you can transfer them to third-party wallets.
Kraken is one of the oldest and yet the fastest cryptocurrency exchanges. You can buy Dash on this US-based exchange instantly. The platform launched in 2011 and has built its reputation on speed, security, and user education over the years. Kraken also provides a demo account that you can use to practice buying Dash futures. Its services are available in more than 180 countries and 48 US states. On Kraken, you can choose to purchase real Dash coins or trade the derivatives like Dash futures with up to 50 times leverage.
Creating and verifying your user account on Kraken involves a straightforward process. A beginner can quickly get through the process and start taking advantage of the demo account. Users have the option of buying Dash on the Kraken instant platform or Kraken PRO. There is no shortage of payment options, including PayPal, eWallets, Bank Transfer, and cards, and you can also buy using other crypto coins.
Depositing on Kraken is free, but you will pay a varying fee for transactions on the platform. If you buy Dash on Kraken instant, the trading fee is capped at 1.5%. You will also pay the variable charge set by the payment service you use. If you trade on Kraken PRO, both the Dash coin and Dash futures attract a nominal maker-taker fee that depends on your 30-day trading volume. The cost typically ranges from 0.0% to 0.26%, and trades can be worth as low as $10 on Kraken.
The platform is highly regulated by reputable agencies such as the FCA in the UK, FinCEN in the US, AUSTRAC in Australia, and FinTRAC in Canada. Your Dash coins will be stored safely on the Kraken inbuilt wallet while you trade.
Note: Your Dash coins will remain in the platform’s inbuilt wallet. However, you can always transfer them to an exchange or other wallet.
Buying cryptocurrencies like Dash on exchanges and peer-to-peer platforms are the most popular means of acquiring coins. Most of these platforms allow users to buy their preferred coins and tokens easily and straightforwardly and ensure the safe storage of digital assets. However, it’s noteworthy that you can still acquire Dash coins without necessarily signing up for an exchange. All you need is a Dash compatible wallet. Here are some of the ways.
Gifts are not a new thing in society, but a cryptocurrency gift is not so old. Today, you can receive a gift or a tip from a friend, family, or colleagues in the form of a digital currency like Dash. It could simply be a gift for an important occasion in one’s life or a tip for a job well done.
Many websites and mobile apps ask users to complete specific tasks and present them with an incentive. It could be something as simple as watching a video or an advert, clicking a link, or completing a survey. In the wake of digital currencies, such websites and apps have a perfect way to incentivize users who complete these tasks, and Dash coin can be a faucet for such purposes.
Dash is a cryptocurrency created to provide a fast, secure, and more accessible way of sending and receiving payments to Bitcoin. As such, you can include Dash in your list of accepted payment options for goods you sell or a service you provide.
Our piece described the various options you can use to acquire Dash coins. So, what do you do with them once they are in your wallet? First, let’s explore the options you have with your Dash coins.
Generally, the Dash community is confident that in the long term, the price of Dash will be a milestone from where it started and where it stands at a particular moment. Therefore, you can acquire and hold your Dash for years and sell them when their value shoots.
Trading is the most common use for many Dash holders. While it’s not for the risk-averse, you can learn and trade in cryptocurrencies, including Dash.
Dash coin is accepted by more than 155,000 vendors and over 125 online retailers. That said, you can use Dash to pay for goods and services from providers who accept Dash as payment.
Charitable organizations, both governmental and non-governmental, are embracing donations in the form of cryptocurrencies. You could use part of your Dash holdings to donate to these enterprises.
In addition to donating Dash to charity, you can also gift individuals such as friends, relatives, acquaintances, or any other person for a job well done or a show of gratitude.
From the start, there are not many heated discussions about Dash on Reddit. Dash enthusiasts are often up rallying support for the coin and desist from the belief that the developers largely control dash, but the topic barely gets anywhere on many occasions.
Some Dash coin die-hards feel that the coin possibly needs an army of bots on popular social media platforms to create positive awareness on Dash coin and counter any negative comments about Dash.
However, there are still Reddit users who seem confident in Dash despite everything. One user regards the Dash community as mature and doesn’t rely on the bots’ tricks employed by other coins. They are confident about the project’s fundamentals and do not see a need to pull a pump and dump scheme, as often happens in the crypto industry.
The Quora community seems to be much concerned about Dash coin’s price and future predictions. As much as some users believe it is a good investment, they still feel that Dash may not get to $1,000 any time soon.
As the user suggests, Dash is a perfect investment option because of its superior technology that remains ahead of most of those used in the crypto space. However, the user argues that the success or downfall of a cryptocurrency coin depends on the project, and Dash has cemented a high place going by the existing reviews.
The debut of the cryptocurrency industry was somewhat problematic and seemed quite complex. Fast forward to about a decade, the world is all over digital currencies, and owning them has never been easier. There are hundreds of platforms offering digital coins, and you can own a digital coin like Dash within minutes. Their adoption and use cases increase each day as merchants and vendors accept Dash coins as payment for goods and services.
In the wake of growing interest in Dash, our article focuses on educating on Dash coin, its origin, price trends, the difference from the industry leader Bitcoin, the various ways you can acquire Dash, and how you can use your Dash holdings. We also include a list of the platforms we consider best for buying Dash, including a step-by-step guide for purchasing Dash coins.
By reading through this guide, we believe you are fully informed about the Dash coin and can decide on anything about Dash coin. Whether to invest in it, the ideal platform to buy Dash, and how to use Dash coins, you have all the information you need to decide.
Dash is a cryptocurrency that has seen tremendous growth in less than a decade of its existence. Like most crypto coins, Dash started worth less than $1 and has reached over a thousand dollars in its relatively short life. As a coin meant for sending and receiving payments and accepted by thousands of vendors, Dash is undoubtedly worth buying. However, keep in mind that market volatility is always in action.
There are multiple wallet options where you can store your Dash safely. However, cold wallet storages are the safest since they are not prone to cyber-attacks. For example, wallets like Ledger Nano X keep your private keys offline and are thus more secure.
Dash is a fork of Bitcoin, and thus, the two share many features. For instance, they are both payment coins that run on blockchain technology and are decentralized. However, Dash was created to solve some of the problems in Bitcoin, and so it only has some advantages over the crypto industry leader. The upsides majorly include faster transaction speeds and privacy.
