Where To Buy DASH in USA – Learn How To Buy DASH Now in 2023
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
DASH is a cryptocurrency that has a specific focus on privacy. This decentralized network aims to become a convenient alternative to traditional payment options – by facilitating faster and cheaper transactions.
If you wish to gain exposure to this digital asset, then this guide explains how to buy DASH in the easiest and safest way possible.
Table of Contents
#1 Broker to Buy DASH – XTB
1
Mobile AppYes
Where To Buy DASH in USA – Overview of the 5 Best Brokers
For a beginner, the prospect of investing in a cryptocurrency can be daunting. However, with the right online broker by your side, the process of buying DASH can be easy and effortless.
Here is a list of the best platforms that currently give you access to Dash from the comfort of your home:
- XTB – Overall Best Place to Buy DASH
- Coinbase – Easy-to-Use Broker to Buy DASH
- Binance – Great Exchange to Buy DASH for Asset Diversity
- Capital.com – Trade DASH with Leverage
- Webull – Credible Place to Buy DASH From $1 (US Only)
How to Buy DASH in USA – A Quick Guide
To show you what the process of making a cryptocurrency investment entails – we have prepared a quickfire guide on how to buy DASH via XTB – a heavily regulated and low-cost online broker.
- Step 1: Open an XTB account – To buy DASH, you will first need an account on XTB. This can be done by vising the XTB homepage, clicking on ‘Join Now,’ and filling in your personal information.
- Step 2: Provide Your ID – Upload your documents that can prove your identity and address – such as your passport and a utility bill.
- Step 3: Add Funds – To buy DASH, you will need to fund your brokerage account first. XTB accepts debit/credit cards, wire transfers, PayPal, and Skrill.
- Step 4: Buy DASH – Search for ‘DASH’ on XTB and select ‘Trade’ to find the investment page of this cryptocurrency. Specify how much you want to stake and click on ‘Open Trade’ to complete the purchase of Dash tokens.
Although this might seem lengthy, on brokers like XTB – you will be able to complete the end-to-end investment process within a couple of minutes.
Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.
Where to Buy DASH in USA – Full Broker Reviews
Selecting your broker is one of the biggest decisions that you will make when entering the world of cryptocurrencies. With DASH being a highly volatile asset, you will need to ensure that you are using a safe and secure platform to make your investments.
That being said, you will come across dozens of online brokers that support this digital asset. To point you in the right direction, below we list the top five brokers to consider when thinking of how to buy DASH.
1. Coinbase – Easy-to-Use Broker to Buy DASH in the US
Coinbase has been around in the cryptocurrency space for nearly a decade. And over the years, the exchange has built a solid reputation for being a beginner-friendly platform for buyers and sellers to meet. To begin making a DASH purchase with this broker, you are first required to create your account. Before you can start with the investment process, you will also have to verify your identity.
Once you sign in as a user, you can buy DASH as a one-time investment or schedule regular purchases of this digital asset. Furthermore, Coinbase is also impressive when it comes to security. The broker prioritizes the safety of your coins and uses cold storage to secure 98% of client digital funds. The site is also regulated in the US – so Coinbase does everything by the book.
All that being said, Coinbase is also expensive when it comes to commissions, especially when compared to the likes of XTB. For example, if you are investing in this digital asset using a debit or credit card, you will have to pay a fee of 3.99%. If depositing funds via a bank transfer, you won’t pay any fees.
But, once you get around to buying DASH, you will be hit with a standard commission of 1.49%. These charges will ultimately eat away at your potential profits when buying DASH. However, due to its security and user-friendliness, Coinbase continues to attract cryptocurrency investors from across the world.
Pros
- One of the most popular cryptocurrency exchanges
- More than 68 million users
- Supports instant debit card purchases
- Dozens of digital currencies to choose from
- Institutional-grade security practices
Cons
- Debit card deposits are expensive at 3.99%
- You will pay a standard trading commission of 1.49%
Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.
2. Great Exchange to Buy DASH in the US for Asset Diversity
If DASH is not the only cryptocurrency you are interested in, then Binance is one of the best platforms that you can choose to diversify your portfolio. This exchange supports dozens of digital assets in multiple jurisdictions globally. However, the specific coins you will be able to buy and the fee you pay will be based on the country you reside in.
For instance, a US client will have to pay only 0.5% when buying DASH using a Visa or Mastercard. On the other, if you are based elsewhere, you might end up being charged as much as 4%. Nonetheless, Binance also offers you some flexibility when it comes to the safe storage of your digital assets. After completing the purchase, you can choose to leave the DASH tokens within the exchange. If not, you can also transfer to the Trust Wallet, which partners with Binance.
Another aspect to note about Binance is that you can buy DASH via this exchange only by trading another cryptocurrency. As such, if you are a beginner with no digital assets in your portfolio, you will first have to buy a different token like Bitcoin or USDT before proceeding to purchase Dash. However, this does come with the advantage of low commissions – which starts at just 0.10%.
Pros
- Facilitates billions of dollars in daily trading volume
- Supports hundreds of digital asset pairs
- Near-instant deposits via debit/credit card
- Trading commission starts at just 0.1% per slide
- Offers crypto savings accounts
- Ideal for both beginners and experienced traders alike
Cons
- Not all supported cryptocurrencies can be purchased with a debit/credit card
- No e-wallet deposits or withdrawals
Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.
3. Capital.com – Trade DASH With Leverage
When thinking of how to buy DASH, you also have an option to invest in this asset without targeting a long-term profit. In doing so, you will be able to trade DASH using contracts-for-differences (CFD) and thus – avoid taking ownership of the tokens. Instead, you will be using this financial instrument to open and close positions within a short duration. This way, you will be targeting smaller profits, and there is no need for you to store your digital coins in a wallet.
Another notable benefit of using Capital.com is that it gives you access to over 200 cryptocurrency markets in addition to DASH. Put otherwise, you can diversify your funds using this broker, not only into digital assets but also into stocks, indices, commodities and more. Additionally, the platform also allows you to apply leverage to your trades – giving you the opportunity to stake with more money that you have in your account.
We also like Capital.com due to its highly affordable fee structure. This broker allows you to buy DASH and sell your tokens without having to pay any commission. The spread on Capital.com are also competitive, making it possible for you to trade Dash in a cost-effective manner.
Moreover, since you will be trading CFDs, you can also capitalize on both the rising and falling prices of this digital asset. To get started on this platform, you only have to deposit $20 via your debit/credit card or e-wallet. However, if you are using a wire transfer, then the minimum deposit requirement is increased to $250.
Pros
- Top-rated spread betting and CFD broker
- Regulated by the FCA
- Minimum deposit just $20 (debit/credit cards and e-wallets)
- 0% commission on all markets
- Tight spread and no deposit/withdrawal fees
- Thousands of financial markets supported
- Great for beginners
Cons
- Advanced traders might find the platform too basic
- Minimum deposit of $250 on bank transfers
- Not available in the US
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
4. Webull – Credible Place to Buy DASH From $1 (US Only)
The final platform to consider when learning how to buy DASH is Webull – a popular broker launched in 2017. This platform is known for its cost-effectiveness – as well as its small account balance requirements. In fact, if you are a US client – you will be able to start investing in Dash by funding your account with just $1. As such, if you are trying to minimize your exposure, then this trading site might be worth considering.
Moreover, when thinking about how to buy DASH on Webull, you do not have to worry about paying any commission. This is a spread-only broker – meaning, the platform charges a fee which is the difference between the bid and ask price of this digital asset. This applies not only to Dash, but dozens of other cryptocurrencies supported by this exchange.
Coming to the security of your DASH investments, Webull has you covered on that front too. The exchange uses two-factor authentication to ensure the safety of your funds and is registered with both the SEC and FINRA. Moreover, the platform also gives you access to customizable charts and other indicators that can be invaluable in making the right informed decisions.
Pros
- User-friendly trading app for both iOS and Android devices
- 0% commission policy across all assets
- No minimum deposit
- ACH deposits and withdrawals are fee-free
- Regulated in the US
- Invest from just $1
Cons
- Crypto spreads start at 1%
- Too basic for experienced traders
- No support for e-wallets or debit/credit cards
Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.
Buy DASH – Best Place to Buy DASH
There are dozens of cryptocurrency providers that currently support DASH. However, finding the right type of platform that is the best fit for your investment style can be a challenging decision to make.
Before we proceed further, we will explain a bit more about the two different types of cryptocurrency platforms that you will come across, and how they differ.
Online Cryptocurrency Broker
If you want to make buy DASH swiftly without compromising on the security of your funds – then your best bet is to choose a regulated broker. These are platforms licensed by credible financial authorities to ensure the utmost safety of your capital.
- In turn, this makes it possible for you to buy DASH easily using fiat currency, by paying for your investment using a debit or credit card.
- This is why we prefer platforms such as XTB and Capital.com – both of which give you instant access to cryptocurrencies, among other assets.
Moreover, regulated brokers like XTB also come with integrated wallets for storing your DASH coins safely for the long term. As the platform falls under the umbrella of multiple governing bodies, you can rest assured knowing that your tokens are well-protected.
Cryptocurrency Exchange
Cryptocurrency exchanges are the next option you have when considering how to buy DASH. Make no mistake about it – although exchanges are highly popular, a majority of them are still operating without a regulatory license. In other words, there is always risk associated with using these platforms, as there is no regulatory body watching over the provider.
Moreover, only a handful of cryptocurrency exchanges – such as Coinbase and Gemini, allow you to buy DASH using fiat currencies. The lion’s share of these platforms will only give you the option to swap another digital asset to buy DASH.
Above all, cryptocurrency exchanges are also costly – especially when comparing to the likes of XTB. Given these factors, you will need to make sure you evaluate the platform carefully before signing up to buy DASH. Regardless, it will be best for you to choose a regulated broker for the safety and protection of your DASH investments – as security should always be your number one priority.
Ways to Buy DASH
Thanks to the growth of cryptocurrency platforms, you can now choose from a variety of different payment methods to buy DASH online.
This includes:
Buy DASH With Debit Card
Perhaps, using a debit card would be the easiest option for you to buy DASH. This method allows you to process the transaction instantly and buy this digital asset right away.
All the brokers we have listed above, except Webull, allow you to buy DASH using a debit card. However, fees at XTB are by far the cheapest, with the broker allowing US clients to deposit funds with a debit card for free.
Click here to buy DASH by Debit Card with XTB >
Buy DASH With Credit Card
Credit card payments are also becoming an increasingly popular option when buying cryptocurrencies like DASH. However, before you use this option – you will want to check with your credit card provider first. This is because some credit card businesses charge a ‘cash advance fee’ when buying crypto, which can cost between 3 to 5%.
Click here to buy DASH by Credit Card with XTB >
Buy DASH With PayPal
If you already have a PayPal account, then you can also use this method to buy DASH. Not only will this option be cheaper, but you will also be able to complete the purchase of this cryptocurrency instantly.
- The only thing is that you might have to do a bit of digging to find a platform that supports this e-wallet.
- Fortunately, XTB is among the few brokers that accept PayPal payments for buying DASH.
Once you choose this option, you will be redirected to the PayPal network – where you can sign in to your account and confirm the purchase.
Click here to buy DASH by PayPal with XTB >
Buy DASH With Bitcoin
Some of you might already have a cryptocurrency like Bitcoin in your portfolio. If this is the case, then you have one more alternative instead of funding your account with fiat money. Platforms such as Binance allow you to buy DASH in exchange for BTC coins.
There are two notable perks to choosing this path. For one, you will be able to benefit from low fees. Secondly, you will also be exempt from having to go through the KYC process, albeit, limits will apply.
If you are interested in choosing this method to buy DASH, then you might also be able to find alternate markets such as DASH/USDT or DASH/BUSD on brokers like Binance.
Why Buy DASH?
Since its inception in 2017, DASH has remained a highly popular cryptocurrency among investors. However, whether this digital asset is the right fit for your portfolio will depend on your risk appetite, financial standing, and more.
As such, it will be best for you to do some independent research and find out whether this digital asset is worth investing in. To help you get started, here are a few aspects that make DASH an attractive investment in the current market.
Limited Supply
The economics of supply and demand drives the value of any asset. In the case of DASH, there is only a limited number in supply – which stands at 18.9 million coins – over half of which has already been mined.
In other words, there could be a potential bull run in the future as a result of this scarcity. As the demand for DASH exceeds its supply, this will play well for the cryptocurrency in the long term.
Growing Adoption
DASH is one of the most widely accepted digital tokens, as you can spend them at over 5,000 physical and online outlets. Whether you are looking to buy a plane ticket or your weekly groceries, this cryptocurrency makes it easy and affordable for you to make instant payments.
There are several popular platforms where you can use DASH to pay for products and services – such as NordVPN, eGifter, Mobile TopUp, and more. In addition, you can also use DASH to purchase other digital assets across different websites.
That being said, DASH is still not as common as regular cash. The vast majority of platforms are skeptical about accepting cryptocurrencies. However, with the partnerships stacking up in numbers, it is possible that the demand and value of this digital token can increase considerably in the future.
Privacy Feature
DASH has integrated an attribute called ‘PrivateSend’ – which allows users to execute payments anonymously. This option works via a high-level mix of denominations that facilitate the transaction.
- This is particularly crucial in the blockchain industry, where the ledger is public and accessible to anyone with internet access.
- And as such, this privacy feature allows users to take advantage of faster transactions without leaving a footprint of their online activities.
In other words, those who prefer anonymity might choose to use DASH over other digital assets – which will reflect positively on the token’s evaluation in the market.
The Cost of Buying DASH
Throughout our How to Buy DASH Guide, we mentioned that brokers each charge differently for facilitating your investments. As such, before you choose a platform, you will need to factor in the fees that you will be required to pay when you buy DASH.
To provide a bit more clarity, below we cover the two most common charges you will face when buying DASH via a crypto broker.
Deposit Fees
When considering how to buy DASH, many beginners are unaware of the fees charged by brokers for processing payments. In simple terms, every time you make a deposit – you will need to factor in additional costs – depending on which method you choose. For example, if you are using Coinbase for buying DASH – making a deposit via a debit card will cost you 3.99% in fees.
That being said, there are also brokers like XTB – which allows you to make USD deposits entirely for free. If funding your account in another currency, this will cost you only 0.5% – which is still very competitive.
Commission
At most brokers, you will also encounter a commission when buying DASH. This will be charged when you are making the investment, as well as when you get around to cashing it out.
For example:
- Suppose your broker charges you a 3% commission to buy DASH.
- So if you are buying $1,000 worth of DASH – this means paying a $30 fee to your broker.
- Similarly, if the value of your DASH investment increases to $3,000 at the time of cashing out – the commission will increase to $90.
The good news is that commissions can be highly competitive in the crypto market. Brokers like XTB allow you to buy DASH by avoiding this fee altogether. Instead, you only have to account for the cost of spread when making an investment.
Risks of Buying DASH
While there are certainly a few interesting reasons to buy DASH for your portfolio, there is a flip side that you need to consider. As a cryptocurrency, there is always a high risk associated with this asset.
Here are a few factors that you need to be aware of before investing your money into DASH.
High Volatility
Those who are beginners in the cryptocurrency space might be unaware of the fact that digital assets are hugely volatile. In simple terms, this means that the price of DASH can go up or down greatly within a matter of minutes.
For instance, towards the end of 2017, the value of DASH went up by over 100% within the duration of a week, only to drop dramatically within the next few months. As such, if you are an investor with a low-risk threshold, then this token might not be suitable for your portfolio.
Decentralization
DASH is a decentralized platform, which is not governed by an individual or an entirety. While this might be attractive for some cryptocurrency investors, there are also some loopholes in the ecosystem that needs to be considered.
This is primarily because there are over 4,500 members who have the right to vote on important decisions regarding the DASH project. In addition, there are other groups – namely the DASH Core Group, DASH Investment Foundation, and DASH Next – that have a say on the direction and policies of this network.
Selling DASH: A Quick Overview
When learning how to buy DASH, you will also have to think about the process involved in cashing out your investment. And given that, it only makes sense to cover this point in this detailed guide.
- The process of selling your DASH investment will vary depending on your broker.
- For instance, if you are choosing XTB, then you will have the option to store your digital tokens within your online portfolio.
- In doing so, you will be able to cash out directly from there.
- The platform will immediately process the order and update your balance with the funds from the sale. You can then make a withdrawal as needed.
On the other hand, if you have your DASH tokens stored in a private wallet – you will need to transfer them to your brokerage platform first. Then, you can follow the same step to sell them and collect your proceeds.
How & Where to Buy DASH in USA – Conclusion
To sum up, when thinking of how to buy DASH – the first step is to find a regulated broker that can facilitate the easy purchase of this digital asset in a cost-effective manner.
With this in mind, we found that XTB is arguably the best online broker for the job, as the platform supports different payment methods and allows you to buy DASH from just $25. Moreover, you will also be able to invest in this digital currency on a spread-only basis – which makes XTB one of the cheapest DASH brokers in this space.
Buy DASH at XTB – #1 Broker
1
Mobile AppYes
FAQ
How to buy DASH?
Where to buy DASH?
Is DASH a good investment?
Is DASH safe to invest in?
How to sell DASH?
