Cryptocurrencies gradually enter the realm sector, bringing many advanced features that facilitate usual business work taking its services to a brand new level of quality. One of the crypto projects connecting blockchain with traditional finances is Dash. What is the Dash project about, and how does it work? Let’s find it out here.
What Should You Know About Dash?
Dash is a decentralized open-source platform for speedy and secure money transfers all around the world. The platform supports bank cards and cash, as well as the PayPal system. The coin Dash acts as a middle layer for currency conversion and further transfers.
Here are some interesting facts about the project:
- The platform integrated the InstantSend currency transfer service
- It takes 1.3 sec to confirm transfers, but such fast transactions come with a fee
- The Dash platform was built on the Bitcoin code and is compatible with all types of wallets.
- Online shops add this crypto asset as acceptable for settlements
- Using Dash, you remain 100% anonymous.
Transactions in the Dash platform are confirmed much faster than in the Bitcoin network, making it a possible BTC competitor in the future.
As of mid-November 2022, one coin Dash costs $34.0. The rate has fallen together with the entire market drop this month. So it is a good chance to buy this asset and hold it long term. Dash crypto is available on all large crypto platforms. If you are looking for a convenient interface and transparent fee policy, robust safety and unlimited withdrawals, check out the WhiteBIT platform. It is registered in Estonia and complies with regulations and laws. The platform requires registration and verification; otherwise, you can only access spot trading with limits. That is how all large and credible platforms work to ensure the highest level of safety for users and their funds
