Home IQoption FAQ What is cryptocurrency DASH? Where to trade DASH?

What is cryptocurrency DASH? Where to trade DASH?

What is Dash? - iqoption

What is cryptocurrency DASH?

Dash (“Digital Cash”) is a decentralized open payment system that uses an algorithm called Darksend to keep transactions anonymous. This currency has been renamed twice, from Darkcoin in 2015 and Xcoin in 2014.

It offers all the possibilities of Bitcoin, as well as instant and completely anonymous transactions through so-called Masternodes. Masternodes mix up the transaction data to erase all of its tracks, and then get a percentage of the transaction value.

What is Dash? - iqoptionThe main differences between Dash and Bitcoin are:

  • Dash uses not one, but a combination of several cryptographic algorithms.
  • Transactions in Dash are anonymous.
    Mining Dash consumes less energy.
  • Decisions about the further development of the system are made collectively by all members of the Dash network through Decentralized Governance, instead of being decided by individual programmers.

The value of this cryptocurrency passed the $1 billion mark in May 2017.

Where to trade DASH? Which online platform?

Recommended place to trade DASH is IQOPTION platform.

If you believe in the potential of cryptocurrency and blockchain technology, if you want to secure a place for yourself in a future where cryptocurrencies reign, and if you want to witness the origins of a new financial system, then it is best to invest now.
The best way to do this is on the IQ Option platform, which is one of the largest online exchanges in the world.

IQ Option offers its customers a wide range of cryptocurrency assets, a steadily growing number of available trading instruments, everything necessary for technical and fundamental analysis, a user-friendly interface, 24/7 customer support, lightning-fast credits and withdrawals of funds, and much, much more.

Some observations of DASH performance as of 12/2017*:

Dash is a leading gainer in the soaring crypto market. The past week was also very eventful for the coin, and now it is the 7th largest coin in the market regarding market cap and is also holding above $7 billion in market cap. Due to the high volatility, the trading volume skyrocketed in the last 24 hours with nearly $369 million.

Here’s some food for thought:
  • Faster Transaction Times compared to BTC
  • In the daily chart, DASH/USD is soaring and gained over 20 percent
  • DASH/USD crossed the $900 mark and touched a new all-time high at $925* (12/2017)
  • Dash has seen 8900% growth since the beginning of 2017
  • 50 ATM’s globally with more coming soon

Read more about DASH and other cryptocurrencies in the attached PDF.

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NOTES: This and other articles are not investment advice. They are of an informative nature and are based on external analysis and we do not guarantee that the information is thoroughly checked by us. As required by the European Securities and Markets Authority (ESMA), binary and digital options trading is only available to clients qualified as professional clients.