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How to Buy Dash Online in 2024

Dominikas Pupkevicius
Dominikas Pupkevicius
January 5th, 2024
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Dash (DASH) is a decentralized peer-to-peer cryptocurrency with the sole purpose of being used as a payment method. With a multitude of options to invest in DASH, this guide reveals the best platforms for buying the token, where to store it, and the best purchasing options for different use cases, along with whether it’s worth adding it to your investment portfolio or not.

Best Exchanges to Buy Dash

Sort by
eToro8.7Visitetoro.com

Don’t invest unless you’re prepared to lose all the money you invest.

Plus500 CFD Broker9.8Visitplus500.com

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pepperstone9.0Visitpepperstone.com

Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Eightcap8.8Visiteightcap.com
Webull8.3Visitwebull.com
Coinbase8.4Visitcoinbase.com
Changelly7.4VisitChangelly.com
Trading 2128.4Visittrading212.com

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Platforms to Buy and Trade Dash

The following part of the guide will highlight the top trading platform for trading Dash.

Buy Dash Using Cryptocurrency Brokers - The Easiest Way

The most convenient way to purchase Dash is through cryptocurrency brokers since they provide a smooth process for investing. Below you’ll find the top picks in this category, all of which have high liquidity, instant buy sections, and expert security.

Provider

Fee (USD 1000)

Get Started

🥇 eToro

$10

Start with eToro now

🥈 Coinbase

$6

Start with Coinbase now

🥉 Kraken

$1.60

Start with Kraken now

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

eToro

eToro is a popular trading platform for its premium cryptocurrency services and excellent customer support. The brand offers several great features for beginners like copy-trading, demo accounts, and courses for trading.

Coinbase

Coinbase is one of the best cryptocurrency exchanges in the industry as they offer an instant buy page and a learning section where you can earn crypto. Also, you can use Coinbase Pro, which has an advanced trading interface and popular trading pairs for DASH.

Kraken

Kraken is praised for being one of the most ethical and secure crypto exchange. So, it’s worth trying out the platform since they make it easy to deposit and buy Dash coins.

Buy Dash on eToro: Step-By-Step Guide

Step 1: Sign up to eToro
Step 2: Verification
Step 3: Deposit Money
Step 4: Buy Dash
Step 5: Send Dash to a Wallet

Best Wallet to Buy and Store Dash - DASH Wallet Comparison

Once you’ve invested in Dash coins, you’ll want to hold them in a cryptocurrency wallet for extra protection. These software apps or hardware wallet are compatible with multiple coins like Ethereum, Bitcoin, and Dash. Here are the top choices for storing Dash:

Provider

Wallet Type

Get Started

🥇 Ledger Nano X

Hardware Wallet

Start with Ledger now

🥈 DASH Wallet

Mobile Wallet.

Start with DASH Wallet now

🥉 DASH Core

Desktop Wallet.

Start with DASH Core now

Buy Dash Using CFDs - Best for Trading

Contract For Differences (CFDs) is a derivative product, meaning you will not own Dash with this investment option. However, brokers often have easier buying processes and offer multiple markets such as commodities and stocks. Therefore, you can use a CFD broker for all your investment needs.

Provider

Fee (USD 1000)

Get Started

🥇 AVATrade

$10

Start with AVATrade now

🥈 Pepperstone

$35

Start with Pepperstone now

AVATrade

AVATrade offers a world-class trading experience with its advanced platforms and tools for investing. Also, the broker allows you to leverage trade with a 5:1 ratio.

Pepperstone

Pepperstone offers a convenient signup and buying process for DASH. The Australian broker offers advanced and simple trading software so investors of different caliber will find the tools they need to acquire Dash.

Best Apps to Buy Dash - Most Convenient

Crypto apps are becoming more popular due to their convenience. They allow you to stake, trade, and store your cryptocurrencies without a computer. Below are the top smartphone apps that offer Dash:

Provider

Fee (USD 1000)

Get Started

🥇 Coinbase

$6

Download now

🥈 Crypto.com

$4

Download now

🥉 Gemini

$14.90

Download now

Buy Dash on eToro App: Step-By-Step Guide

Step 1: Download and Sign Up
Step 2: Account Verification
Step 3: Fund your Account
Step 4: Invest in Dash

Buy Dash With Exchanges - The Cheapest Way

When buying Dash, you’ll want to use a cryptocurrency exchange since they offer the best fee rates. The providers below are the cheapest and offer native cryptocurrencies that reduce fees by 25%.

Provider

Fee (USD 1000)

Get Started

🥇 Binance

$1

Start with Binance now

🥈 Kraken

$1.60

Start with Kraken now

🥉 KuCoin

$1

Start with KuCoin now

Buy Dash on Binance: Step-By-Step Guide

Step 1: Sign up with Binance
Step 2: Top up Your Profile
Step 3: Open the Trading Interface
Step 4: Fill in Trade Details
Step 5: Confirm the Transaction Using the Blockchain Explorer

Buy Dash Using Decentralized Exchanges (DEX) - The New Way

DEXs are peer-to-peer marketplaces where investors can trade cryptocurrencies like Dash. They are completely decentralized and work by connecting a crypto wallet. Therefore, you cannot deposit money via credit or debit card, online banking, and e-wallets. Below are the top DEXs that offer Dash.

Provider

Fee (USD 1000)

🥇 Uniswap

Varies

🥈 Woo Network

Varies

🥉 Exodus Dash Wallet

Varies

Buy Dash on PancakeSwap: Step-By-Step Guide

Step 1: Enter the PancakeSwap dApp
Step 2: Search for Dash
Step 3: Swap Tokens

Can You Buy Dash Using P2P services?

There aren’t many peer-to-peer platforms that offer options to purchase Dash. After researching the marketplace, the overall best P2P service for investing in DASH is LocalCoinSwap.

Can You Buy Dash Using Other Trading Platforms?

The following table highlights where you can trade Dash and the full list of fees you’ll pay.

Cryptocurrency Platform

Can You Buy DASH?

Fee (USD 1000)

Review

Binance

Yes

$1

Binance review

TD Ameritrade

No

N/A

N/A

Bitstamp

No

N/A

N/A

Bittrex

Yes

$3.50

Bittrex review

Coinbase

Yes

$6

Coinbase review

Poloniex

Yes

$1.55

Poloniex review

BitMart

Yes

$2.50

N/A

Bitrue

Yes

$2

Bitrue review

BlockFi

No

N/A

N/A

CoinDCX

Yes

$2

N/A

CoinSwitch

Yes

$5

N/A

Crypto.com

Yes

$4

N/A

EtherDelta

No

N/A

N/A

E*TRADE

No

N/A

N/A

Fidelity

No

N/A

N/A

Gate.io

Yes

$7.50

N/A

Hotbit

Yes

$2

N/A

Kraken

Yes

$1.60

Kraken review

KuCoin

Yes

$1

KuCoin review

Robinhood

No

N/A

N/A

Uphold

Yes

$19.50

N/A

Venmo

No

N/A

N/A

Voyager

Yes

$10

N/A

WazirX

Yes

$1.50

WazirX review

Wealthsimple

No

N/A

N/A

Webull

Yes

$10

N/A

What Is the Difference Between Buying Dash and CFDs?

The main difference between CFDs and buying DASH is that you won’t own real coins with a derivative product. Therefore, you won’t be able to spend your coins and can only hold the CFD as an investment asset. On the other hand, buying real tokens means you can withdraw to a wallet and pay for services.

  • No need to store DASH yourself
  • Buying CFDs is easier
  • A small number of crypto brokers offer DASH as a derivative product
  • Higher fees for using brokers that provide DASH CFDs

Best Ways to Buy Dash

Now we’ll tell you the best platforms to use for specific buying methods.

Buy Dash Instantly with Bank Transfer - The Fastest Way

Bank transfer is straightforward to use and is widely available on most established exchanges. The top platform with bank transfer method is Coinbase Pro, as deposits are usually complete within an hour.

Buy Dash with PayPal - The Safest Way

PayPal does not offer DASH tokens in their cryptocurrency section. Therefore, you’ll need to use it as a deposit method and then invest through the crypto exchange trading software. The best option for PayPal deposits is eToro, as they provide easy solutions for purchasing Dash and high levels of security.

Buy Dash Using Credit or Debit Card

The cheapest way to invest in Dash with a debit card is with Binance. They are the largest cryptocurrency exchanges that offers spot, market, stop-loss, and margin trading for DASH. Also, you can use debit card on other platforms.

Crypto.com is the best crypto exchange for using a credit card to purchase Dash because of its user-friendly mobile app and convenient trading software.

Best Platforms to Buy Dash in Other Countries

Regulations and licenses impact the availability of exchanges in each country. Below is a convenient overview of the best providers to purchase DASH in a number of countries.

Country

Best Provider

Provider Type

Fee

Australia

Coinbase

Exchange

$6

the UK

Coinbase

Exchange

$6

Bangladesh

eToro

Broker

$10

Canada

Binance

Exchange

$1

Hawaii

Gemini

Wallet

$14.90

India

WazirX

Exchange

$1.50

Japan

BitFlyer

Exchange

$1

Nepal

Kraken

Exchange

$1.60

New Zealand

Binance

Exchange

$1

Pakistan

KuCoin

Exchange

$1

Philippines

Binance

Exchange

$1

Singapore

Crypto.com

Exchange

$4

South Africa

eToro

Exchange

$10

UAE

Coinbase

Exchange

$6

What Are the Fees When Buying Dash?

Here’s a table of the expected fees for investing in Dash. For simplicity, the fees are calculated based on investing $1,000 and holding for 30-days.

Platform

eToro Broker

Coinbase Exchange

Binance Exchange

Deposit fees

$0

$0

$0

Purchase fees

$10

$6

$1

Holding fees

$0

$0

$0

Selling Fees

$10

$4

$1

Payout fees

$5

$10

$15

Total fees

$25

$20

$17

Cheapest Way to Buy DASH

To avoid large fees you’ll want to use a cryptocurrency exchange since they offer the best rates. Also, some of the platforms have native tokens, which can be used to pay for fees, reducing them by 25%.

Provider

Fee (USD 1000)

Get Started

🥇 Binance

$1

Download now

🥈 KuCoin

$1

Download now

🥉 Kraken

$1.60

Download now

Fastest Way to Buy DASH

The crypto platforms listed below have fast processes for creating an account, depositing, and buying coins. Also, their software is straightforward, so those with little experience can buy Dash without encountering any issues.

Provider

Fee (USD 1000)

Get Started

🥇 eToro

$10

Get started now

🥈 Coinbase

$6

Get started now

🥉 Kraken

$1.60

Get started now

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

How to Buy Dash Anonymously?

One of the biggest selling points of cryptocurrency is anonymity and decentralization. So you may want to buy your Dash without revealing your identity or creating an account with an exchange. This part of the guide will highlight the top platforms to use.

How to Buy Dash Without Registration or KYC?

You can buy Dash by using a decentralized exchange since they do not require clients to go through a KYC. They use a peer-to-peer system, so you will have to connect a crypto wallet to the dApp for trading. PancakeSwap is one of the best platforms since they let you trade various coins for Dash.

How to Buy Dash Without Verification?

KuCoin does not require users to verify their accounts to trade Dash. Unfortunately, avoiding verification means your account will have withdrawal limits, and you can only deposit crypto.

Can You Buy Dash Offline?

There is no option to purchase Dash offline as you need an internet connection to trade.

Should You Buy or Sell Dash?

As with all cryptocurrencies, you should research the project thoroughly and decide yourself if it’s worth the investment. Take a look at these pros & cons to help better understand the coin and its potential future.

Why should you buy Dash?

Why should you sell Dash?

DASH has a great team working on the project.

Around 4,500 members vote on key decisions, making the decentralization aspect questionable.

DASH has a unique privacy feature giving anonymity to users.

Minimal efforts with marketing.

DASH is a popular privacy coin with high daily volumes.

DASH has a lot of competition, so standing out is becoming harder.

The coin has secured multiple partnerships with big players in the crypto space.

Some developers have claimed to find loopholes in its privacy features, and they can trace transactions if they control the master nodes.

Completely decentralized.

DASH is unpredictable in its price swings.

Do You Need to Pay Tax on Dash in the US?

The Internal Revenue Service (IRS) oversees crypto taxes within the states. All cryptocurrencies are taxed as property, meaning US residents must pay short or long-term capital gain tax. So if you hold longer for a year, you’ll be taxed 0% to 20%, while holding less than 365 days can vary between 10% to 37%. The overall amount you pay depends on your profit and tax bracket.

Dash Price Prediction: What Is the Future of DASH?

This section is for those interested in the potential future of Dash. Take a look at how the coin is currently performing:

What Impacts Price of Dash?

Like most cryptocurrencies, Dash follows the price movement of Bitcoin. However, multiple aspects can swing the value of the coin.

  • Adoption: As more businesses accept Dash as a payment method, the coin gets utilized more, thus increasing the price of Dush.

  • Regulation and Laws: Cryptocurrency is becoming more adopted globally, and countries are starting to implement stricter laws. This can negatively impact the whole crypto market as institutions and investors move to less “riskier” assets. However, laws encouraging cryptocurrencies can positively impact Dash. For example, the UK seeking to regulate stablecoins.

  • Partnerships: Dash getting more partnerships with global brands is great for its growth as more people use it as a payment method. The cryptocurrency’s official website showcases where you can spend your tokens.

  • Competition: There are dozens of payment cryptocurrencies, making it more difficult for Dash to stand out.

  • Marketing: An excellent marketing team can increase demand for the coin and its adoption. In this case, Dash could do better to drive more people to their ecosystem.

Historical Dash Course: Major Milestones in the History of Dash

The graph below shows how Dash has performed historically, along with a few milestones.

Current Price Prediction News

What is the current price and some price prediction news sources if you want to learn what experts think of the future price of Dash.

Other Ways to Make Money With Dash in 2024

Below is a rundown of some alternative methods you can use to earn money with Dash, along with common ones you cannot.

Stake Dash Using DeFi or CeFi

Staking is the process of allocating your tokens to a protocol to support the network. By staking, you validate block transfers to receive daily rewards paid in Dash. The top platform for this investment activity is Binance.

Buy Dash Using ETPs (ETFs & ETNs)

ETPs (Exchange Traded Product) is a type of security that tracks an underlying asset. Investors can trade Metaverse ETPs for Dash by using Coinyep.

Buy and Sell NFTs Using DASH

Currently, no marketplaces offer Dash as a payment method for NFTs.

Buy Stocks and Shares in Companies Owning Dash

Unfortunately, the crypto brands that have partnered with Dash do not have tradable stocks you can invest in.

Dash Mining

Mining is the process of solving complex equations to facilitate transactions and earn rewards. However, It’s not recommended to mine Dash unless you have a lot of computing power. In most cases, you’re better off investing your funds into Dash and staking.

Use Dash Faucets

Faucets is when you complete quizzes or courses to earn crypto as a reward. The top platform for this type of activity is Coinbase, as they let you earn various coins. After, you can trade the rewarded tokens for DASH.

What Cryptocurrencies Are Similar to Dash?

The coins listed below are similar to Dash, so you may be interested in what they have to offer.

Coin

Symbol

Learn how to buy

Monero

XMR

Buy Monero

Zcash

ZEC

Buy Zcash

Bitcoin Cash

BCH

Buy Bitcoin Cash

Litecoin

LTC

Buy Litecoin

Bitcoin

BTC

Buy Bitcoin

Is It Still Worth Investing in Dash or Not?

Dash might not be worth investing in as several payment cryptocurrencies have larger market shares. However, the coin had a huge rally in 2018, reaching over $1,500 per coin. So it’s not impossible for the coin to reach new highs in the future. Nevertheless, you should do your own research and determine if the coin is worth investing in. Cryptocurrencies are highly risky, so do not invest more than you can afford to lose.

FAQs

What is the best provider to buy Dash in the US?
What is the cheapest provider to buy Dash in the US?
Is it worth investing in Dash right now?
Is there a limit to how many DASH I can buy?
Can you buy Dash on the blockchain?
What can you buy with Dash token?
Is there
Where can you store Dash?
Why can I not buy crypto with my debit card?
What is Dash digital cash?

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Contributors

Dominikas Pupkevicius
Writer
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.