DASH is not a new name for many in the crypto-sphere.
Often referred to as ‘digital cash’, DASH is also one of the trailblazing cryptocurrencies of 2019 that is continuously upgrading its infrastructure and protocol to enhance its ease of use.
Due to its continuous development with a team of more than 40 people actively working on its behalf, it is proving to be promising crypto that is expected to be a long-term player in the world of cryptos.
How to buy Dash in 5 simple steps:
- Head over to CEX.io
- Create an account and complete the KYC
- You can deposit funds using bank account or you can also use credit card to buy Dash.
- Once you added the funds, simply convert your currency to buy Dash
- For long term storage of Dash, better get Ledger Nano X which is a hardware wallet.
In these 5 steps, you have Dash crypto with you and stored in a safe place as well. It’s a good idea to set a price reminder for selling Dash. A lot of people HODL for really long which is not a great idea. I would usually keep taking profit as the price of Dash increases.
If CEX.io doesn’t work for you, I have also shared other popular ways to buy Dash.
But before that, I feel many crypto users find difficulty in buying DASH cryptocurrency as is evident from this comment on the BitcoinTalk forum:
I’m interested in buying [DASH], but there’s no localdashcoin.com or something like that. What do I do to buy it?! I’m NOT in the UK by the way.
So where do you go to buy DASH?
The 7 Best Ways To Buy DASH
CEX is a UK-based exchange which has been operational since 2013. It supports the buying/selling of four cryptocurrencies (BTC, ETH, DASH, and ZEC) and has earned quite a bit of respect in the cryptocurrency space.
It also supports the purchasing of DASH via the following two ways:
- Buy Dash with credit card
- Buy Dash via bank transfer
Buy/sell pairs supported on CEX are:
Note: If you are planning to use CEX’s services, then you should start your ID verification and card authentication process 3-4 days earlier than you needed because it can take some time for the whole process to complete.
Binance is a rapidly growing international crypto exchange based out of China. But the irony is that it currently supports trading in all countries except its home country of mainland China.
It has an easy and fast verification process, and the exchange comes with multiple language support for different countries around the globe.
It is currently trading more than 50 cryptos and includes the buying/selling of DASH in the following pairs:
For signup and verification, you can simply follow the required verification steps, and upon successful verification, you will receive higher withdrawal benefits.
It is also one of the cheapest exchanges to trade cryptocurrencies on because of its native crypto-token BNB.
For further reading: Binance Cryptocurrency: A Unique And Rapidly Growing Crypto Exchange
Changelly is a popular multi-currency instant exchange website that allows buying BTC/ETH/DASH and other cryptocurrencies via these two methods for users around the world:
- Buy Dash with credit/debit card
- Buy Dash by exchanging other cryptos
If you have a VISA/MasterCard debit or credit card, you can instantly sign up for Changelly and buy DASH.
It accepts any currency of any country (EUR/GBP/USD/INR/etc.) and then calculates it into its USD equivalent. Changelly announced this feature at the end of 2016. You can find USD to DASH exchange rates here.
And here is their official step-by-step guide introducing this feature of the debit/credit card exchange. (Even though this guide is for buying BTC using a VISA/MasterCard, the process is the same for buying DASH.)
Note: Changelly also has purchase restrictions according to each country while buying with credit/debit cards. Also, DASH buying prices on Changelly are usually a lot higher than everything else. They have even put a disclaimer on their site telling you about this. So I recommend it as a last resort.
Another way to use Changelly is by exchanging your other coins, such as BTC, LTC, or ETH. The procedure is very simple.
You will require the following things:
- Your DASH address where you would like to get your DASH coins.
- Some bitcoins/altcoins to exchange for DASH. You can also buy Dash directly using a debit or a credit card
Note: Though this guide shows how to buy Ripple in exchange for BTC, the process is exactly the same to buy DASH.
Bitfinex is another one of the largest and most popular cryptocurrency exchanges out there, boasting one of the highest trading volumes of BTC.
Based out of Hong Kong and operational since 2014, it gives its users the option to buy the following 13 cryptocurrencies in exchange of USD or BTC:
- Dash– DASH/USD, DASH/BTC
- Ethereum Classic
To get started on Bitfinex, you need to register, verify your ID, and authenticate yourself. Note: It typically takes 15-20 business days after submitting valid ID proof before you’re accepted into the platform. It is therefore advised to plan ahead.
Note: Bitfinex doesn’t allow US customers anymore.
Kraken is a prominent US-based Bitcoin exchange which has one of the highest trading volumes in EUR. It is currently operating in the US, Canada, EU, and Japan, and allows its users to buy/sell cryptocurrencies in BTC, USD, and EUR.
It also supports buying/selling of DASH in the following crypto pairs:
- DASH/XBT (aka DASH/BTC)
Getting started is easy, but it takes about 1-2 days for verification as it deals with fiat. You can see here what is required for signup and verification.
Bittrex is a US-based cryptocurrency exchange that provides you the option to buy/sell more than 190 cryptocurrencies, including DASH. They are well-regulated and compliant with all of the current US rules, so crypto users need not worry about the safety of their funds.
Bittrex currently supports these markets for DASH in several countries around the globe:
To get started with Bittrex, you need to register and log in with your email ID, but to withdraw funds, you need to do a KYC by submitting your ID documents and phone number, as well as enabling two-factor authentication for higher limits.
7. WazirX [India Only]
If you are Indian and are looking for a way to buy DASH in INR, then WazirX is one of the most promising options for you.
It is a well established cryptocurrency exchange that offers multiple cryptocurrencies including DASH.
The signup and verification are typically the same as other Indian exchanges where you need to submit your AADHAR Card details, PAN details, phone number, email ID, etc.
Note: It typically takes up to 24 hours to get your account verified, and then you can start buying DASH or other cryptos in exchange for INR.
7 Great Ways To Buy DASH
Now, it’s your turn to recommend any site that you are using to buy/sell DASH in your country.
I will keep updating this exclusive list of sites that allow the purchasing of DASH in different countries.
Waiting for your comments in the comments section below 🙂 …
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