Dash Trading Down 2.9% Over Last Week (DASH)

by · The Markets Daily

Dash (DASH) traded up 4.2% against the US dollar during the 1-day period ending at 0:00 AM Eastern on October 28th. One Dash coin can now be bought for $23.08 or 0.00032547 BTC on popular cryptocurrency exchanges. Dash has a market cap of $277.03 million and approximately $30.80 million worth of Dash was traded on exchanges in the last day. During the last seven days, Dash has traded 2.9% lower against the US dollar.

Dash Coin Profile

DASH is a PoW/PoSe coin that uses the X11 hashing algorithm. It was first traded on January 18th, 2014. Dash’s total supply is 12,004,834 coins. The Reddit community for Dash is https://reddit.com/r/dashpay and the currency’s Github account can be viewed here. Dash’s official message board is www.dash.org/forum. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. The official website for Dash is www.dash.org.

According to CryptoCompare, “Dash is a digital currency launched in 2014, aiming to provide a fast, secure, and private alternative to traditional payment methods. It’s based on Bitcoin software but with several improvements, including a self-funding and governance model, and additional services from masternodes. Dash is used for various purposes, including payments, remittances, and investing, with a focus on usability and user experience. Xcoin and Darkcoin are the former names of Dash, which initially offered anonymous transactions. Dash was created by Evan Duffield, prioritizing speed, security, and privacy as an alternative to traditional payment systems.”

Buying and Selling Dash

It is usually not presently possible to purchase alternative cryptocurrencies such as Dash directly using U.S. dollars. Investors seeking to acquire Dash should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dash using one of the exchanges listed above.
DASH/USD price chart by TradingView