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Just like Bitcoin, DASH is a cryptocurrency based on the system known as blockchain. Blockchain is a continuous series of blocks containing information, constructed according to the certain rules. The decentralized blockchain system coordinates the values between individuals within a network. However, a significant difference between DASH and Bitcoin lies in their command model. DASH is operated by masternode holders and bitcoin is operated by the concurrence in a blockchain. DASH developers decided that innovations should go further and added new performance capabilities to blockchain technology. They achieved success and today DASH is known as one of the most promising cryptos on the market.
Like bitcoins and other cryptos, DASH is a digital currency one can exchange through the encrypted software. The advanced blockchain system is hash-based and it uses new solutions to prove the work within a chain. Unlike bitcoin transactions that require teeth-gnashing waiting, DASH has a function of an instant send and this is the main feature that attracts new users.
Another great thing about DASH is that it is a first cryptocurrency committed to users’ confidentiality. All block transactions can be made anonymously due to the special function called PrivateSend available at the official DashCore wallet. PrivateSend mixes all coins in the network, making the transactions invisible.
Mind that both options (instant send and anonymous send) are optional. It means that you may use them only if you want to.
Bitfinex is a large and popular website with numerous buying options. There you will find 13 types of currencies available for exchange and purchase. DASH is also included in the list.
CEX is an exchange based in US. This website supports the most popular currencies like BTC, DASH, ZEC and ETH and enjoys customers’ confidence since 2013. There you can change other cryptocurrencies to DASH and buy some with a credit card or a bank transfer.
Yobit is an exchange with a great variety of different coins available for trading. In fact, this platform is the richest within this framework. However, there are negative Yobit reviews from customers available on the web, so make sure to get to know the local environments before you make deals.
Binance is a Chinese exchange. Thus, by a weird coincidence, it is available everywhere around the globe except China. The best features of Binance are fast transactions and multiple languages customer support.