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.
Where do I keep my Dash (DASH)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Dash (DASH) to your portfolio?
Create your account, fund it with spare change and get a little bit of DASH.