There has never been a better time for you to buy Dash. This cryptocurrency has been gaining a lot of strength and popularity in recent times, as the price has risen impressively since it was first launched at the start of 2014. If you are planning to invest in Dash soon then you will be pleased to see that it is a lot easier to do than you might have thought. Find out how and where to buy Dash coins without any fuss so that you can take part in the future of this exciting currency.
Why buy Dash now?
A number of analysts currently believe that the Dash cryptocurrency is the altcoin of the future. It has grown over recent months and continues to increase in value, but there is a sense that it is still under-valued right now.
In the longer term, the high levels of security that Dash offers and the way that it can be used for real-world transactions are factors expected to drive its price further upwards. While no-one knows for sure what the Dash price will be in the future, estimates suggest that it should carry on with its impressive upwards trend.
Buy Dash with these Brokers
What is the best site to buy Dash?
When you decide to find out how to buy Dash, it is vital that you chose the right site on which to do so. In this way, you can go ahead and invest in Dash with complete confidence. After reviewing the options, we believe that the eToro platform gives you the very best place to buy this currency in a way that suits you perfectly.
Here are some of the key benefits of eToro:
- It is fully CySEC & FCA regulated
- Crypto CopyFund function allows you to make smarter investments
- Wide range of payment methods
- Market leaders in terms of their low commission rates
- You can buy Dash at eToro without having to open a Dash wallet
- Simple and easy to learn interface
- 6 million users around the world and a powerful reputation
- Flexible deposit limits and fast transaction times – invest exactly when and how much you want to
How to buy Dash with eToro
The following steps show you exactly how to buy Dash with eToro easily and quickly so that you can invest in Dash as soon as you want to.
Step 1: Open account with eToro
After you have done this and then clicked on “Start Trading” you will be in your new account. Before you can add funds or trade, you should complete your personal profile. There is also an option to start trading without verification but with lower limits in place.
Fill in your details including your level of trading experience. You will also be able to explain what kind of trading you are interested in and what your goals are. This information helps them to give you the right level of service and protection.
Read and confirm that you understand the information that is presented to you about investing.
You can very simply verify your phone number by asking for an SMS to be sent to it with a special code that you then enter in eToro. After that, you can upload your passport or ID card for further verification.
Step 2: Deposit funds
You can proceed to add funds even before your profile is 100% complete. Otherwise, carry on filling in your details to get a fully complete profile. Either way, you then choose the amount to deposit and the payment method.
If you don’t see the payment method you want then chose “more” to see the extra options.
Step 3: Buy Dash
You can then choose to purchase Dash by placing an order at the current price. Other cryptocurrencies are chosen in the same way too.
How to buy Dash through exchanges
Changelly counts Dash among the many digital currencies on offer. This is a simple and safe site that lets you switch between different cryptocurrencies with ease. Among the reasons for using this exchange to buy Dash is the fact that it is highly rated by many users. It offers a flexible approach too, although it perhaps isn’t the most comprehensive option for people looking for a lot of trading figures and statistics. For more details, read our in-depth Changelly review.
Our Binance review looks at this highly rated exchange. This fast and professional crypto exchange allows you to invest in Dash without any hassle. It is highly rated because of the ease of use and privacy on offer, with users being able to stay completely anonymous. However, the current lack of a crypto to crypto option does make it less appealing to some experienced investors.
While these and other exchanges offer a good way of buying Dash, we feel that eToro gives a better, more flexible approach that you can fully trust. Here is why:
|Commission?||Market-leading rates ensure the maximum profit for you||Varies widely – but high commission rates eat in profits on many sites|
|Regulated?||Fully CySEC & FCA regulated for greater peace of mind||Few exchanges are regulated, which is a concern as the cryptocurrencies themselves are unregulated|
|Reputation?||This site has a terrific worldwide reputation and many positive online reviews||Very few exchanges enjoy a strong reputation like eToro, with many having numerous negative reviews based on poor experiences|
|Global coverage?||Investors from over 100 countries can use eToro||Many exchanges are strictly limited to just a few countries, or only offer limited support on a global basis|
|Additional features?||Crypto Copyfund function allows you to copy the moves made by successful traders||Varies widely, as some exchanges focus on a simple interface for newcomers while others offer advanced trading tools|
Buying Dash: payment methods
It is possible to pay for Dash currency with a number of different payment methods, for greater convenience.
Credit card & debit card
Visa and MasterCard can be used to choose Dash coins at eToro and on numerous other sites. This is the simplest payment method for many investors, although you need to check carefully to see the charges levied by the card issuer.
This swift, simple payment method makes life very easy for you at eToro and elsewhere. The standard PayPal fees apply to these transactions. You will normally not pay for using PayPal on a merchant site.
With this approach, you simply send the money directly from your Skrill account to eToro or your chosen exchange. Any cost for funding your account is determined by the standard Skrill charges. Paying on a merchant site is typically free when you use Skrill.
Another decent option is to make a Neteller transaction. This lets you swiftly add funds to your crypto account. Paying on merchant sites is usually free of charge. While eToro offers this option, many other exchanges don’t.
A transfer from your bank account may be the simplest approach to buying Dash with no time wasted. To find out the exact cost, you need to ask your bank.
How to buy Dash in your country
The exact way that you choose the best place to buy Dash will largely depend upon the country where you live. This is because there are different rules and regulations in force around the world in terms of exchanges that can be bought and cryptocurrencies that can be used. Our guides to buying in different countries give you all the information that you need wherever you live.
How to store Dash in a wallet
One of the main concerns that some first-time investors have is over how to store their coins after making a purchase. This often means choosing a cryptocrency wallet that can be used with that coin. These can be online wallets or wallets that you store on your computer, both of which have a number of pros and cons. However, eToro allows you to buy Dash and other currencies without the need for a wallet at all, making it that bit easier to get started. That is because eToro is a broker exchange where you can benefit from the movements of the price of Dash without physically owning it.
Other ways to get Dash
A total of 21.3 million Dash coins is the maximum that can ever exist. At the time of writing, there are still millions of them to be mined. If you are going to mine Dash, it is important to use the right hardware. You also need to understand whether mining is profitable at this time, as it is a big investment and this approach doesn’t always make as much sense as simply buying the coins.