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Information about DASH
Dash is a decentralized platform that runs on its own blockchain and aims to create a global payment system. It was originally called XCoin, then rebranded to Darkcoin, and since March 2015 it has been known by its current name, Dash, which stands for "digital cash".
In 2014, Dash was launched as a Litecoin fork in order to improve transaction speed and enhance privacy, as stated in the official project documentation. Since its inception, Dash has demonstrated innovative features, such as a two-tier network with incentivized nodes and decentralized project governance. As of today, the market capitalization of Dash is $626.31M and the trading volume has reached$28.92M in the last 24 hours.
FAQ
You can store DASH in a crypto wallet. Choose a service that specializes only in crypto wallets or give preference to a crypto exchange that offers wallet services. The second option will be more beneficial as you will have the advantage of trading. To get a crypto wallet, you just need to sign up on the chosen platform. Then, top up your balance with DASH tokens to manage them; you can purchase crypto on a P2P platform or with a bank card. To store Dash coins, you can use the crypto wallet Cryptomus. Thanks to the user-friendly interface, even a beginner can understand the functionality of the site, and in case of any questions, you can contact the support team on Telegram or via email.
You can purchase Dash on exchanges or P2P platforms. The most convenient way is to buy it on an exchange via a bank card. To use this method, you first need to choose a safe and secure platform with measures like 2FA and KYC. Then, select Dash as the desired crypto to purchase and the fiat currency you will pay with. Enter the preferred amount of DASH to buy or the sum of fiat you are ready to spend. The site's algorithms will automatically convert one number to the other. All that’s left to do is pay: enter the card number and then a one-time code sent to your email to confirm the payment. After this step, the funds will be deducted from your card, and DASHs will arrive in your crypto wallet. For example, you can buy Dash coins with a bank card on the Cryptomus platform.
Dash is used for fast transactions and improved privacy, addressing some of the limitations of the Bitcoin network. The Dash system also includes nodes and miners that process and validate transactions. However, unlike BTC, Dash governance is managed through a form of decentralized autonomous organization (DAO).
Dash is a moderate-risk investment because it is not a highly volatile asset. Due to its highly efficient system, there is a good chance that the Dash’s value will increase. However, you should still analyze the market before investing.
The all-time low (ATL) of Dash is $0.2139 and the all-time high (ATH) of the coin has reached $1 642.22.
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