Dash price and where to buy DASH

What is Dash?

Dash is a proof-of-work cryptocurrency built for payments. Its code descends from Bitcoin’s, and it adds a second layer of masternodes that enable near-instant confirmations and optional coin mixing for privacy.

How to buy Dash, step by step

1. Pick an exchange. DASH is listed on four of the five exchanges we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy DASH. Use the DASH/USDT or DASH/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. Withdrawing to a Dash wallet you control costs a small network fee.

Where to buy Dash at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on DASH the venues disagree by about 0.16 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Dash price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.16 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 16 minutes out of every thousand, and reached about 1.2 percent at its widest.

Over half of the DASH spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Dash price

The wider crypto market, and in DASH’s case its own news too. In our hourly composite, DASH moved with Bitcoin at a correlation of about 0.41, where 1 would mean identical moves, and its moves were about four times the size of Bitcoin’s.

Dash’s link to Bitcoin is weak in our data, so its own drivers matter: payment adoption, exchange listings and delistings, and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Dash

Pros

• Near-instant confirmations through its masternode layer.
• Low network fees for payments.
• A long track record among payment coins.

Cons

• One of the widest average price gaps between exchanges we track, more than six times Bitcoin’s.
• It trades on four of the five exchanges we track, not all of them.
• Its hourly moves were about four times Bitcoin’s in our data.

The DASH to USD converter applies the live price to any amount.