Buy Dash: Before Investing Read Here

There are cryptocurrencies that claim to be true heirs of the vision of Satoshi Nakamoto (inventor of Bitcoin), others focus on privacy, and then there is Dash. Buying Dash means fully understanding its potential and believing in its future development.

In our guide we will show you that buying Dash is quite simple. Here are the basic steps:

  • You register in a regulated CFD Broker, which is preferable to Exchanges (you will find out why later).
  • Practice on the Demo account to become familiar with the platform.
  • Make the minimum deposit required and start investing seriously.

By following these steps you can buy Dash without paying commissions and in a safe and regulated manner.

Thanks to CFD brokers such as eToro, in fact, it is possible to buy Dash in total safety, avoiding the risks present in the Exchange.

Here are the best platforms to invest:

Platform:
Min. Deposit: 50€
License: Cysec
  • Social Trading (Copy the best)
  • Simple and intuitive
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    Platform:
    Min. Deposit: 100€
    License: Cysec
  • Free demo
  • Free Course
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    Platform:
    Min. Deposit: 50€
    License: Cysec
  • Free demo without limitations
  • Minimum deposit low
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    Platform:
    Min. Deposit: 250€
    License: Cysec
  • Free Training
  • Zero Commissions
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    Platform:
    Min. Deposit: 100€
    License: Cysec
  • Free demo
  • Free course trading
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    72.30% of retail CFD accounts lose money
    Platform:
    Min. Deposit: 250€
    License: Cysec
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    Dash: What it is and how it is born

    Dash was born in 2014 with the former name of Xcoin, which then became Darkcoin until March 2015, when it was renamed Dash.
     
    The origin of this cryptocurrency is as a usual derivation of Bitcoin, starting from the BTC source code to create a more advanced and improved cryptocurrency.
     
    The flaws of Bitcoin do not exist in Dash: Transactions are very fast and anonymity is guaranteed.
     
    One of the drawbacks of using Bitcoin is the slow speed of the transactions and the visibility in a recipient’s account. Sometimes it takes minutes or even hours to confirm and finalize a transaction using Bitcoin. With Dash, however, it only takes a few seconds to do the operation.
     
    Dash also corrected the famous “double spend” problem: That is the possibility of spending 2 times the same money for 2 different purchases, taking advantage of the slowness in confirming the first transaction. Dash has enabled the InstantSend feature which freezes money in the moment which is spent.
     

    Is buying Dash convenient?

    Dash runs on a network known as a Masternode. Masternode manages the Dash digital wallet, facilitates the blocking of transactions in InstantSend, coordinates the mixing of coins via PrivateSend, and enables a decentralized governance platform.
     
    PrivateSend creates a mix between various transactions and with this system it is not possible to trace who sent money to whom. Anonymity is one of Dash’s most popular features and one of those that make its value.
     
    The chart shows the classic trend of an emerging cryptocurrency, which grows enormously at launch and then slows down.

     

    buy-dash-worth-scaled

    Many analysts consider Dash a good investment and are sure of the growth of this cryptocurrency both in the short as well as in the long term. We will talk more about it in the next paragraphs.

    How to buy Dash

    If you are interested in buying Dash, you should know that there are mainly two methods to make this investment: Exchanges and CFD Brokers.

    We will now try to analyze both systems in order to help you evaluate the safest and most convenient:

    • Exchanges are websites that allow you to trade cryptocurrencies. Unfortunately, there are no guarantees on deposits and, not being regulated by external bodies, they are rather “risky” because they suffer frequent cyber attacks with consequent theft of cryptocurrencies.
    • CFD brokers, on the other hand, are intermediaries which operate with regular licenses issued by the most important supervisory bodies of individual countries, such as the FCA for the UK. Furthermore, you do not really come into possession of cryptocurrencies and therefore there is no risk of theft.

    In the table below we have summarized the strengths and weaknesses of these two systems:

    Exchanges:

    Pros > You “really” buy cryptocurriences

    Cons > Commissions to be paid
    > No license
    > You can only invest upwards
    > Serious security concerns
    > Slow transactions

    CFD Brokers

    Pros > They are safe and licensed
    > You can invest both up and down
    > There are no commissions
    > There is no risk of cryptocurrency theft
    > Immediate transactions

    Cons > You don’t “really” buy cryptocurriences

    This summary table tells us that Exchanges are rather risky (they have suffered numerous cyber attacks), expensive (there are commissions to pay), and allow you to earn only in the event of a rise in prices (you cannot sell short).

    CFD Brokers are safe and regulated (they have a regular license), they are cheap (they don’t charge commissions), and they offer the possibility to earn even when prices fall (short sale).

    Buy Dash with the best platforms

    In the previous paragraph, we have summarized the differences between Exchanges and CFD Brokers and we have seen the numerous advantages of the latter when it comes to investing in cryptocurrencies.

    With CFD Brokers, to buy Dash (or sell it) you just need to:

    • Buy Dash CFDs to profit from the cryptocurrency price growth.
    • Sell Dash CFDs to profit from falling cryptocurrency price.

    Once the desired price is reached, the transaction is closed and net profits can be withdrawn or reinvested, without commissions.

    To choose the best platforms you need to do tests, evaluate the characteristics of each one, and compare them with the others. OnlineTradingCourse.net has carried out this comparison between the main CFD brokers on the market and it has emerged that the best platforms where to buy Dash safely are those offered by eToro, ForexTB and IQ Option.

    eToro: Intuitive platform to buy Dash

    eToro is the most popular online broker in the world and its fame is confirmed both by the incredible number of subscribers – over 10 million – and by the numerous licenses it has obtained, including the one issued by FCA.

    Its trading platform is considered the most intuitive on the market, complete and professional and it manages to combine simplicity and convenience in a unique way. Here’s what the Dash CFD looks like on eToro:

    buy-dash-etoro-scaled

    To buy Dash (or sell it) you need to click on “Invest”, decide whether to Buy or Sell the cryptocurrency and how much to invest in the operation.
     
    Not everyone likes “manual” trading, some investors prefer automatic investments and eToro has developed a very innovative automatic trading system, which allows you to copy the market operations of the best traders in the world at no additional cost.
     
    To use Copy Trading you must follow these steps:
     
    • Register on eToro
    • In the section “people”, you can choose the traders to copy based on the performance.
    • With a click, Copy Trading will copy exactly the same operations of the chosen traders in your account.
    • At this point, you will get the same returns as these trading experts (of course, in proportion to your investment), without doing anything else.

    Here, you can see some of the eToro Traders that can be copied.

    etoro-copytrading-famous traders

    Click here and choose which trader to follow

    Both Copy Trading as well as traditional trading can also be tested on a free Demo account, without taking real risks.

    Click here and sign up for free

    For more details you can read our full eToro review.

    ForexTB: Trading signals to buy Dash

    ForexTB has achieved considerable popularity thanks to the services it offers for free to its users and the security of the trading platform, legitimized by CySEC internationally.
     
    This Broker offers the possibility to choose between two trading platforms:
     
    • The web platform is easy to use and can be entered from any browser without downloading any software.
    • Metatrader 4 is more technical and full of professional indicators and meets the needs of the more experienced traders.

    Click here to sign up for free on ForexTB

    Here is what the CFD Dash looks like on the ForexTB web platform:

     

    buy-dash-forexTB-scaled

    Buying Dash on ForexTB is simple, just click on Buy or Sell and decide how much to invest in the operation.
     
    If you have little trading experience, the service that will make you choose this broker is a free Trading Course, considered the best on the market. This is a pdf that explains in detail the basics of online trading, avoiding those technical terms that often complicate learning.
     
    The course is free and to download it just use the official link below:
     
     
    At an operational level, ForexTB goes far beyond the course by sending free Trading Signals to all investors. These are indications generated by the famous Trading Central, which have a success rate of over 70%.
     
     

    IQ Option: Buy Dash with 10 Euro

    IQ Option is the trading platform with the lowest minimum deposit threshold on the market: 10 Euros only.
     
    This broker has decided to eliminate this obstacle by lowering the entry deposit in a truly incredible way. Security, obviously, remains very high and FCA confirms this broker with a license for the UK.
     
    The trading software allows you to buy Dash or other cryptocurrencies in a very simple way, with a clear and complete platform.
     
     
    Even if the minimum deposit is only 10 Euros, you can still practice with the Demo account, so as to avoid any risk and practice with the platform even before making any investment.
     
    IQ Option has created and made available to all subscribers an educational area full of content, thanks to which you can improve your training and become the most profitable trader.
     
     

    Dash: forecast

    The prices of cryptocurrencies are regulated by various factors, which are constantly evolving. Due to the volatility of the market, it is certainly not easy to make accurate predictions on cryptocurrencies, but the assessments of the main analysts show us the future prospects of Dash.
     
    This is the trend shown in the past by this cryptocurrency:
    buy-dash-forecast-scaled
     
    Between 2020 and 2021, buying Dash is considered an excellent investment. The growth of the Masternode network on which the system is based makes this cryptocurrency one of the most interesting in the panorama of digital coins.
     
    Dash’s ambitions are very high: Some of its admirers believe that it is the only cryptocurrency that could come close to the evaluation of Bitcoin, but beyond this excess of optimism, there are several analysts who foresee substantial growth for Dash, for example Bein Coin (renowned crypto analyst), which expects a target price of $ 700 within the next year.
     

    Dash pros and cons

    Dash provides users with high security as it has over 4500 servers hosted around the world, allowing them to conduct very fast transactions from anywhere. This feature gave Dash a strong edge over other, notoriously slower cryptocurrencies.
     
    Pros:
     
    • Dash is a cryptocurrency developed to break the limits of Bitcoin.
    • It uses masternodes which make transactions very fast.
    • Dash manages to achieve a level of absolute anonymity.

    Cons:

    • Its vast network must be able to count on Dash’s growth to stay efficient.
    • There are numerous cryptocurrencies that aim for the same goals as Dash.

    Conclusions

    The rapidly proliferating cryptocurrency ecosystem has generated “choice” problems among investors and Dash has tried to overcome these problems  by distinguishing itself with absolute anonymity and almost instant transactions.

    To buy Dash safely it is preferable to start from a Demo account, practice with the chosen platform, then make the minimum deposit required by the Broker and move on to really investing.

    What is Dash?

     Dash is a cryptocurrency born from a fork of Bitcoin, to overcome the limits of the original cryptocurrency.

    Is buying Dash convenient?

     According to some analysts, yes, it seems to be an investment with really interesting potential.

     What predictions are there for Dash?

    Some analysts’ forecasts see very rapid growth for Dash by 2021.

    How to invest in Dash?

    CFD brokers like eToro are the best way to buy Dash without paying commissions in total safety.

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