How to Buy Dash Online in 2023

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

1

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$50

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User Score

10

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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.

2

Minimum Deposit

$200

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User Score

9

Variety of Crypto CFDs and Crypto Indices

In trading crypto CFDs you do not own or have any rights to the underlying assets

Fast execution speed

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

3

Minimum Deposit

$100

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User Score

9

250+ Cryptocurrencies

Trade Cryptocurrency Derivatives on MT4 and MT5

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4

Minimum Deposit

$50

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User Score

9

Trade and invest in over 25 cryptocurrencies

Extremely simple user interface

Over 68 million customers

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5

Minimum Deposit

$20

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User Score

8

Exchange Bitcoin and 200+ altcoins in a fast, simple and secure way

Average transaction speed of 25-40 minutes

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eToro - The Overall Best Way to Buy Dash

eToro is the ideal platform for buying Dash coins since they offer a comprehensive crypto section with several deposit options. Moreover, they have an in-depth educational section, which helps beginners get started with the broker.

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.

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

Create an account with eToro by visiting the official eToro website and clicking the “Start Investing” button. Then provide eToro with your information like name, last name, email, phone number, and address. You can also sign up with your Gmail or Facebook account.

Step 2: Verification

Next, verify your physical address and identity by uploading the documents eToro requires.

Step 3: Deposit Money

Transfer money to your account using your preferred deposit method.

Step 4: Buy Dash

Search for Dash in the crypto section and click on the token to open the buy page. Finally, write how much money you want to exchange for dash and open the trade.

Step 5: Send Dash to a Wallet

Select Dash to see your current portfolio and click the “Transfer to Wallet” button. Now choose how much you want to send to your wallet and finalize the transfer.

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:

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.

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:

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

Step 1: Download and Sign Up

Install eToro on your smartphone and create an account.

Step 2: Account Verification

Complete the signup process by verifying your ID, tax information, and address.

Step 3: Fund your Account

Next, deposit money into your account( you can use a credit or debit card).

Step 4: Invest in Dash

Finally, select Dash in the cryptocurrency section to prompt the trading interface and type in how much to buy.

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%.

Buy Dash on Binance: Step-By-Step Guide

Step 1: Sign up with Binance

Create an account with Binance with your email or phone number. Enter your dashboard and completely verify your account to eliminate account restrictions.

Step 2: Top up Your Profile

Open the deposit section and transfer crypto or fiat currency to your account.

Step 3: Open the Trading Interface

Click the trade tab at the top of the screen, and select the spot trading option. This will open Binance’s advanced trading software, where you’ll get the best fee rates

.

Step 4: Fill in Trade Details

The trade type is automatically set to “Limit”. This means you will have to set the price you are willing to pay for each coin with the amount of currency you want to exchange. Alternatively, you can select “market”, which takes the best available price for each coin. Complete the trade by clicking the buy button.

Step 5: Confirm the Transaction Using the Blockchain Explorer

When making withdrawals and transfers between exchanges, you can see the transaction on websites like Etherscan, Blockchair, and BscScan. These applications will show the receiving and sending addresses with confirmations left for completing the transfer.

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.

Buy Dash on PancakeSwap: Step-By-Step Guide

Step 1: Enter the PancakeSwap dApp

Go to PancakeSwap and open the swap page under the trade tab. Then connect your cryptocurrency wallet to the platform.

Step 2: Search for Dash

In the swap section, select the coin you currently have in your wallet and Dash in the bottom.

Step 3: Swap Tokens

Now, type in how much crypto you want to exchange for Dash, and press the swap button. Your crypto wallet will wait for you to confirm the transaction before initiating the swap.

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.

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.

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.

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.

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%.

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.

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.

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 2023

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.

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.

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