Live dash Price
₹2,411.85
3.99%
Price Changes
₹96.23
3.99%
24h Low
₹2,321.8
24h High
₹2,439.78
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Dash coin is derived from Litecoin which by itself is a derivative of Bitcoin. Unlike other altcoins such as Ethereum, Ripple etc who have different use cases, Dash follows the steps of Bitcoin and its original vision of financial freedom to all. It aims to become a faster and cheaper alternative to fiat currency as a medium of exchange for goods and services.
Dash was founded by software developers Evan Duffield and Kyle Hagan. Launched as XCoin, it was renamed Darkcoin and then “Dashcoin” in an attempt to positively change its image.
Since its inception in 2014, Dash has shown leadership in innovation and pioneered groundbreaking features such as:
-Two-tier network with incentivized nodes and decentralized project governance (Masternodes)
-Instantly settled payments (InstantSend)
-Instantly immutable blockchain (ChainLocks)
-Optional privacy (PrivateSend)
Dash coin has a lot of benefits as a cryptocurrency. It is being widely accepted as currency by around 5000 traders. It has a relatively low transaction fee and there are many cryptocurrency exchanges with Dash coins. Unlike its counterparts, Dash transactions are quick and hassle-free.
Dash exhibits the same utility as Bitcoin with the added benefit of higher privacy and instant transactions. Here are four ways it can be used:
Private transactions: Most people prefer privacy in transactions to avoid sensitive information being leaked.
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1. How does dash cryptocurrency work?
Dash uses the X11 algorithm which is a modified version of the proof-of-stake (PoS) algorithm. To scramble transactions and make them more private on its blockchain, it uses Conjoin Mixer.
2. How to buy dash cryptocurrency?
Dash can be bought like any other cryptocurrency at a cryptocurrency exchange online. One may also mine for Dash cryptocurrency by solving mathematical and cryptographical problems on the Dash Blockchain.
3. How fast is dash cryptocurrency?
Dash has very fast transactions in comparison with other cryptocurrencies. While other cryptocurrencies take minutes to complete a transaction, Dash does it in a matter of seconds.
4. How to invest in Dash cryptocurrency?
You can invest in Dash using the CoinSwitch Kuber app.
Highlight
It aims to become a faster and cheaper alternative to fiat currency as a medium of exchange for goods and services.
DASH Price Today
DASH Price
₹2,411.85
Price Change 24h
3.99%
Price Change 7d
0.85%
Market Rank
#166
Market Cap
₹2,642 Cr.
Trade Vol 24h
₹278 Cr
Circulating Supply
₹1 Cr. DASH
Trading Activity
57% Buy43% Sell
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CoinSwitch is the leading crypto exchange in India. It is a mobile-only crypto exchange. CoinSwitch provides you the platform to buy and sell more than 80 coins such as BTC, ETH, MATIC, ADA, and LITE.
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