Last update: Jun 6, 2022

How to Buy Dash (DASH)

So you’re looking for a guide on how to buy Dash. Depending on where you live, you’ll have various cryptocurrency exchanges to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy Dash – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Dash of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Dash

Now that you have what you need to buy Dash, head over to the market or buy section of the crypto trading platform and buy some DASH.

If the crypto exchange doesn’t have any Dash on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Dash first), and trade your Ethereum for Dash.

Where to Buy Dash (DASH)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Dash

1. Sign into the exchange where you bought Dash.
2. Move your Dash to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell Dash.

 

How to Buy Dash (DASH) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Dash in Australia, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy Dash if it’s available. If the exchange doesn’t have Dash. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Dash), and trade your ETH for Dash.

Also, take a look at our analysis of the cryptocurrency trading platforms in Australia for those looking to learn more about which ones we would recommend.

How to Buy Dash (DASH) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Dash in Canada, the process remains the same:

1. Find a cryptocurrency exchange below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy Dash if it’s available. If the exchange doesn’t have Dash. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Dash), and trade your ETH for Dash.

Or, if you’d like to learn more about the exchanges we recommend, look at our comparison of the best bitcoin trading platforms in Canada.

How to Buy Dash (DASH) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Dash in the UK, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy Dash if it’s available. If the exchange doesn’t have Dash. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Dash), and trade your ETH for Dash.

Also, take a look at our analysis of the cheapest crypto exchanges in the UK for those interested in learning more about the exchanges we prefer.

Considering buying Dash? DASH Rundown

Dash is an open source blockchain, and cryptocurrency that aims to provide a cheap, fast, decentralized global payments network. The whitepaper states that Dash aims to improve upon Bitcoin(BTC) by allowing for stronger privacy and faster transactions.

Dash is a digital cash token that was launched January 2014 as a fork of Litecoin. Dash, which went live in January 2014, has expanded to include features such a two-tier network of incentivized nodes including "masternodes" and decentralized project governance; InstantSend which allows instant settled payments; ChainLocks which makes Dash's blockchain instantly immutable; as well as PrivateSend which provides additional privacy for transactions.

Its website states that the goal is to be "the most user-friendly, scalable and payments-focused cryptocurrency in all of the world." The project relies on masternodes, which is a network of servers backed with collateral held in Dash. They are intended to provide advanced services securely, governance over Dash’s proposal system, and are designed to do this. Masternodes are able to provide additional services to the network in exchange for a portion of the block rewards. They enable functions like InstantSend, PrivateSend, and ChainLocks.

Dash can be used by individuals and institutions. This includes merchants, financial service providers, traders, and anyone who needs to send international money remittances. Dash Core Group stated in October 2020 that it has set its sights on building its brand and ecosystem, making sure users are happy, and further developing the technology behind its network.

Dash's governance system or treasury distributes 10% of block rewards to support the development of the project in an efficient and decentralized manner. This has enabled the creation of numerous funded organizations such as Dash Core Group. Dash Foundation also receives donations and offers institutional and individual memberships.

Related:

• How to Buy Curve (CRV)
• How to Buy Decentraland (MANA)