Dash is a cryptocurrency created for instant and private payments. Formerly known as DarkCoin and Xcoin, Dash was renamed in 2015 to avoid any illicit connotations with the darknets. Its current name is a made-up word: [D]igital + c[ash].
The most significant technical difference between Bitcoin and Dash is the blockchain they work on. While Bitcoin operates within a single-tier one, Dash uses a two-tier network where the second level consists of masternodes. Those nodes implement governance functions as well as perform InstantSend and PrivateSend payments within the network. Masternodes use 1,000 DASH each as a collateral, hence saving themselves from the forged identity attacks and increasing Dash secureness.
Dash is a mineable cryptocurrency with a limited issue size of 18,900,000 coins. Within the first two days after the launch, 1.9 million coins were mined; at the beginning of 2018 its total supply was just short of just 8,000,000. That leaves enough space for DASH to grow with a computation capacity rise.
You can benefit from trading DASH with EXANTE by investing in the DASH cryptocurrency fund. As soon as you buy a fund share, the fund buys the cryptocurrency into its account so your shares are fully secured 1 to 1.
You can short (sell without coverage) DASH with the leverage rate 1:2. The commission for trading DASH cryptocurrency fund shares is 0.5%.
To start trading cryptocurrencies, open an account with EXANTE: follow the link and upload two documents. An account manager will contact you to complete the registration process, as well as to help you with the trading platform functionality, within a day.
If you have any questions regarding cryptocurrency trading with EXANTE, please do not hesitate to contact us at email@example.com for 24/7 multi-language help and support.