Dash (DASH) Price Up 4.2% This Week

Dash (DASH) traded 2% lower against the dollar during the twenty-four hour period ending at 9:00 AM ET on May 8th. One Dash coin can currently be purchased for approximately $28.53 or 0.00046067 BTC on exchanges. Dash has a market capitalization of $336.27 million and $37.64 million worth of Dash was traded on exchanges in the last day. Over the last seven days, Dash has traded 4.2% higher against the dollar.

About Dash

Dash (CRYPTO:DASH) is a PoW/PoSe coin that uses the X11 hashing algorithm. Its genesis date was January 18th, 2014. Dash’s total supply is 11,785,315 coins. Dash’s official Twitter account is @dashpay and its Facebook page is accessible here. 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 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 possible to buy alternative cryptocurrencies such as Dash directly using US dollars. Investors seeking to trade Dash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dash using one of the exchanges listed above.

DASH/USD price chart by TradingView