Dash (DASH) Trading 2.3% Lower This Week

by · The Markets Daily

Dash (DASH) traded 2.2% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on October 22nd. In the last week, Dash has traded down 2.3% against the U.S. dollar. One Dash coin can currently be purchased for $23.71 or 0.00035209 BTC on popular exchanges. Dash has a market cap of $284.24 million and approximately $28.98 million worth of Dash was traded on exchanges in the last day.

About Dash

Dash (DASH) is a PoW/PoSe coin that uses the X11 hashing algorithm. Its genesis date was January 18th, 2014. Dash’s total supply is 11,988,953 coins. The official website for Dash is www.dash.org. The Reddit community for Dash is https://reddit.com/r/dashpay and the currency’s Github account can be viewed here. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. Dash’s official message board is www.dash.org/forum.

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 buy alternative cryptocurrencies such as Dash directly using U.S. dollars. Investors seeking to acquire Dash should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dash using one of the aforementioned exchanges.
DASH/USD price chart by TradingView