What is Dash (DASH)?
Dash is an altcoin forked from the Bitcoin protocol. Dash uses a unique consensus mechanism, where special validators called “Masternodes” can instantly verify a transaction. Dash is designed to be self-governing and self-funding, making it a sustainable digital asset for sending and receiving payments. You can buy and sell DASH for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade DASH for BTC the same way you trade CAD for USD. You can also trade DASH to CAD based on the DASH price. To learn how to buy DASH, scroll down to see how to buy Dash.
How to buy Dash (DASH)?
Here's how to buy Dash on Coinsquare
To buy Dash, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying DASH. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select DASH from the list on the trade section
Coinsquare lets you trade DASH without leaving the app. You can also check the Dash price and convert DASH to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the DASH price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Dash (DASH)
Congratulations! You’re now the proud owner of DASH. You can either HODL or use it to exchange DASH to CAD or any other cryptocurrency listed on Coinsquare.
Where do I keep my Dash (DASH)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. Client assets are securely stored 1 to 1 in cold storage with approved custodians, kept separate from operational funds, and never utilized for lending purposes.
All client assets are held in trust with external, licensed custodians with a combined $680M USD in insurance. Additionally, CCML maintains Vault Risk insurance beyond those of its custodians that cover risks related to the cold storage of its clients’ crypto assets. And the cash held in your account is insured against insolvency by the Canadian Investment Protection Fund (CIPF). This means that in the unlikely event that Coinsquare (CCML) becomes insolvent, CIPF will cover any shortfall of cash held in client accounts up to $1 million CAD per account.
Ready to add Dash (DASH) to your portfolio?
Create your account, fund it with spare change and get a little bit of DASH.
