DASH Cryptocurrency Review – Dash is more elastic and ready to use

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Contents

Should Dash be a Flask Extension? #38

Comments

Copy link Quote reply

mylbp2ps3 commented Jun 23, 2020

Extensions such as flask_sqlalchemy or whatever?

This comment has been minimized.

Copy link Quote reply

hclent commented Jun 28, 2020

Somewhat related, is it possible to use Dash from inside my Flask app?

I’ve been wanting to use the Python dendrogram+heatmap visualization in my Flask app for a long time. But sadly there is no Javascript dendrogram+heatmap, so I’ve had no choice but to use something else :'(

This comment has been minimized.

Copy link Quote reply

mylbp2ps3 commented Jun 28, 2020

Yeah I’ve been thinking about learning a little bit of Javascript to use one of it’s libraries for making graphs. But Dash sounds like it would work fantastic with what I want to do, if it was more like a Flask extension.

This comment has been minimized.

Copy link Quote reply

chriddyp commented Jun 28, 2020

I’ve been wanting to use the Python dendrogram+heatmap visualization in my Flask app for a long time.

For this example, you can render these dendrograms as a Graph object since they use the same underlying graphing library:

All of the plotly.figure_factory functions return a figure object that can be used directly as the figure attribute in the dcc.Graph

This comment has been minimized.

Copy link Quote reply

chriddyp commented Jun 28, 2020

Could folks explain a little bit more why they would like Dash as a flask extension? Some leading questions:

  • Is it just to use Dash in apps that they have already written?
  • Does embedding a Dash app as an in an existing app work instead?
  • How do you want to embed Dash in your existing application? As a separate page or as a Dash app as part of a particular page?
  • You can pass in your own server instance into the Dash constructor. In which ways would making Dash a flask extension improve the functionality over passing in your own Flask instance? Here’s how it currently works:

This comment has been minimized.

Copy link Quote reply

mylbp2ps3 commented Jun 28, 2020

It just seems a bit too limiting to have Dash stand on its own. It would create more consistent to make it an extension.
Embedding it in an just sounds needlessly complicated.
I’d want to embed a Dash app in an existing page, a template for Flask, and I’d like to be able to just pass the graph into Flask’s render_template function.
Passing the flask instance into Dash, doesn’t give Dash the same functionality as Flask, it just leaves me with two different objects to render a page with. Although I haven’t seen any real examples on what passing the Flask instance into Dash and using them both together would look like.

Forgive me if any of my points are wrong, this is the way I understand Dash to be working from reading a bit into it and experimenting with it a bit.

This comment has been minimized.

Copy link Quote reply

hclent commented Jun 28, 2020 •

@chriddyp Firstly, thank you for your reply to my post! I’m very excited to try this out! My remaining concern is, I’m not sure how I will pass data from my Flask app to the Dash app? (More on that below).

Secondly to answer your questions,

  1. Yes, I would like Dash as a Flask extension so I can use Dash in an app I’ve already written. (For the purpose of getting that dendrogram+heatmap!!)
  2. Perhaps, embedding a Dash app as an is doable in theory, but I think this would really only work if you’re not providing buttons/options for a user to update or change the vis. I’m not sure how I could get that Dash app iframe to “talk” to my Flask app, when there’s a request to update a visualization per user specifications. (Currently I use Jinja to pass data from my Flask app into the Plotly Javascript vis). I’m not sure what a solution is here, that could be robust enough for a Flask app in production.
  3. Right now my Plotly Javascript visualizations live in s, and I pass data with Jinja to update the visualizations on demand. So I would want to do the same thing, but again. how to pass the data?
  4. I’m interested to try how it currently works. If I would need to change a lot of things about my current Flask app to get Dash to work, it wouldn’t be worth it (since I’ve already built the Flask app). I will give it a try and report back!

Edit – Silly me! I don’t use Django. I use Jinja!

This comment has been minimized.

Copy link Quote reply

havok2063 commented Jun 29, 2020

I would second most of what has been said here. I think it would be great to have Dash integrable into existing Flask apps. My biggest problem with using things like Plotly or Bokeh was that it always seemed like they had to be used as standalone products.

I would like to able to integrate Dash into Flask apps I’ve already written and are quite developed. I want to be able to use the Plotly and Dash functionality without relying on its internal system. I like Dash instead of standard Plotly because it makes building callbacks and interactivity into the visualizations quite easy.

iframes no longer follow best web practices for modern development. AJAX was designed to replace iframes and iframes makes debugging quite difficult. I don’t think iframes fits into the MVC framework of Flask apps either.

Primarily I’d like to add it into existing pages. I have existing pages that I don’t want to completely convert. I’d like to drop in a new Dash app that is a mini-vis or two. For new pages, I would prefer to build them with Jinja2 templating for consistency, and standardization, and just push any Dash apps through the render_template Flask function. I can see either pushing data through to the front-end, pushing just the dcc.Graphs into an already built div, or building the complete dash app on the backend and pushing the final html div to the front.

What does pushing the server instance into Dash actually do? I couldn’t find any documentation that explains that functionality. This is the only help I can find. https://plot.ly/dash/

This comment has been minimized.

Copy link Quote reply

fcollman commented Nov 6, 2020

I think what I’m saying is covered by the more general case statements that others have made in this issue, but sometimes simpler more concrete examples make the point more strongly.

I have written a number of flask apps that have complex navigation and information display to get to help the user navigate to a particular dataset. I would like to have a dash app that lets me display that particular dataset to the user after they navigate to it, and give the user a fixed URL to get that dataset back at a later date, or email as a link. In such a case I need the flask endpoint to be able to convey information to the dash app in order to load the appropriate dataset and generate the interactive visualization. I could redo the whole dataset navigation in dash, but it seems overly complex in many instances as the layout’s for selection procedures often vary dramatically from level to level, and the dataset selection parameters wouldn’t be stored in the URL. Having different flask endpoints point to dash apps would then let you easily parameterize dash visualizations. I understand that ‘snapshots’ is an enterprise feature now for capturing the state of the visualization, but I’m talking about parameters that naturally live outside the UI visualization loop.

This comment has been minimized.

Copy link Quote reply

yk-tanigawa commented Feb 12, 2020

I would also love to have the dash-app as a flask extension so that we can pass dataset (path to the data file on the server) as an argument to Flask’s render_template to generate interactive plots. I am thinking to create separate pages without using iframe . I am thinking bioinformatics/genomics as an application area, where we have roughly 20,000 datasets for different genes. Although it is possible to have input box (like drop-down) to select a particular dataset, it would be great if we can assign a fixed URL to an interactive plot for a particular dataset.

This comment has been minimized.

Copy link Quote reply

sladkovm commented Feb 12, 2020

@yk-tanigawa flask extension would be awesome, but until we’ve gotten there here is how I implement the functionality you describe:

  1. Add location element to the app layout
  1. Use the value of the location element (referenced by ) in the callback
  1. The router function does. well. routing, e.g. based on the value of location it renders the page you want – it will get static url with unique id.
  1. To navigate to these urls use:

This comment has been minimized.

Copy link Quote reply

Aso1977 commented Feb 25, 2020 •

Dear @sladkovm
I am trying to embed a dash plot into a route in flask using your above code. I linked the two as:

I want to generate the dash layout based on variables defined as flask config parameter, e.g. app.Config[‘plot_type’] in the dash app:

And I use the following callback in the flask app:

I have a template ‘plot.html’ with jinja2 div of ‘plot’, which I want to be replaced by the dash graph > I don’t know how to embed the fig. If I replace ‘plot’ container in the template with the generated dash layout, it doesn’t get rendered.
It would be great if you point me to the right direction. Thanks, Aso

This comment has been minimized.

Copy link Quote reply

sladkovm commented Feb 26, 2020

I wrote you a very long answer, but than I’ve noticed that you might have a different problem.

I have a template ‘plot.html’ with jinja2 div of ‘plot’, which I want to be replaced by the dash graph > I don’t know how to embed the fig. If I replace ‘plot’ container in the template with the generated dash layout, it doesn’t get rendered.

For your particular case, apart from the fact that you are populating the non-existent children property of the dcc.Graph (see below), the solution must be in defining dcc.Location element outside of the template scope. but I’ve never tried it and, in general, I’m not sure how jinja templates should be working with Dash. I would guess these two approaches are fundamentally incompatible.

I would not be able to answer all your questions since some of them (jinja2 etc.) are something I’ve never worked with, but let me guide you through the thinking process.

  1. You define in the app.layout the element, which you want to populate dynamically based on the value of the location. In your case, this element is dcc.Graph and you refer to it by . Location you read from the element dcc.Location and you refer to this element by it’s

In your code this step is:

  1. The actual logic behind dynamically populating the dcc.Graph(id=’fig’) is handled by the callback:

What it says in plain english is something like this: “find the element with , read it’s property-value ‘pathname’ and pass it to the element with to the property . in your case it is ‘children’, but. the dcc.Graph element does not have property ‘children’. What it has instead is a property ‘figure’.

Your code should look like this:

  1. What should the router() function return? Easy – the figure object. Example:

DASH Explained: Brief History And How It Works

Dash cryptocurrency is mainly focused on providing fast transactions and much bigger privacy. The altcoin surpassed the $1 billion market cap when the cryptocurrency made big gains since in 2020 a single dash was worth only $11 by later in March it skyrocketed to the $100 price point. How did this cryptocurrency become big and what else do we know about it?

Multiple factors fuelled the growth of Dash such as bank partnerships and payment services but we’ll get to that later. First, let us explain what it is. Dash is a peer-to-peer decentralized electronic form of payment which is free from the centralized regulations such as government authority and banks. This altcoin allows the users to transact anonymously and it was initially inspired by the number one cryptocurrency Bitcoin but with a twist. The founder of Dash Evan Duffield explained that:

“Dash is built on the same technology that made Bitcoin successful. Besides, it employs a secondary network known as the Masternode Network. Masternodes are a new concept in digital currency, where users are incentivized to run full nodes and provide extra services to the network such as Darksend and InstantX. Put simply, they allow us to add features to Dash that are impossible in Bitcoin.”

Dash gathers a lot of attention in the past few months but very few people know that it has been on the market for quite some time now, more specifically since 2020. The renewed interest for the cryptocurrency is encouraging others to also have a second look at their crypto projects and find features that are not available with the other cryptocurrency options.

Brief History Of How All Started

Evan Duffield is the founder of Dash and he created the cryptocurrency just as many other cryptocurrency founders by studying and using Bitcoin. Duffield discovered the number one cryptocurrency back in 2020 and was impressed with its technology. However, after he used it for quite some time he discovered there are a few fundamental challenges that he felt needed fixing. At first, Bitcoin was not fast enough for him. Duffield found that the verifying process of the transactions took too long which slowed down the transaction times and resulted in nothing but frustration. Second, he also felt that the infrastructure needed a greater level of privacy because this is one of the key factors that attract users. However, he found out that privacy and anonymity are not the same things.

After long research and months of hard work, Dash was launched in 2020 and used the Bitcoin code but unlike Bitcoin, the new currency has different features that make it more private. During the first two days after it was launched, more than 1.9 million coins were mined which more than 10 percent of the total supply is alerting that something is wrong. Of course, a bug was found but the company still allowed the recipients to keep their coins despite the solving the bug problem and making sure not to occur again. Today, there are about 7.4 million Dash in circulation and the total number of coins in circulation is expected to reach up to 18 million.

Most recently, the coin also went through a name change from ‘’DarkCoin’’ to Dash because the company thought that the name associated the cryptocurrency with illegal activities which were not the initial intention.

Anonymity VS. Privacy: Key Differences

Duffield was very clear when he designed Dash saying that he wants to create a cryptocurrency that will have a new level of privacy. He explained that just because transactions are anonymous, does not mean that they are truly private. With Bitcoin, all of the transactions are shown on the public blockchain and though they are not linked to any specific individual, some argue that with good forensic research, you could eventually uncover the source. Dash was designed to provide optional privacy features for everyone concerned about keeping their transactions private. For example, Dash offers PrivateSend which is a feature that allows the users to send funds privately by using the coin-mixing service.

The company sees the financial privacy as a fundamental right so therefore Dash created an option for all of the users to make transactions with true privacy so that nobody can associate a person’s identity with an address or transactions. The users are now able to keep all their transactions private.

How To Mine Dash

The way that Dash is released into the system is through mining. Dash Mining works similar to other cryptocurrencies such as Litecoin and Bitcoin where the foundation is a blockchain which includes a decentralized ledger of all transactions that have happened. The transactions must be confirmed to ensure that no coin is double-spent so this is where mining comes handy. The confirmation process is accomplished via a consensus mechanism which is a proof-of-work concept and the miners use specialized Dash mining hardware and the computers to solve difficult math problems to confirm the transaction. Each solution earns the person a right to add a new block to the blockchain.

The average block-mining time is 2.5 minutes on the Dash blockchain which is faster about four times as much as Bitcoin. The cryptocurrency can be purchased through multiple exchanges and once purchased the money is put in a wallet that can be downloaded from the official Dash website.

Conclusion

In summary, three features make Dash unique. The altcoin is branded as ‘’Digital Cash’’ and there are a lot of legitimate merchants have started accepting it. Dash has a genuine potential of being accepted in the mainstream. The currency has demonstrated that it can fulfill the promises that it guaranteed. If adopted well, Dash could end up being an essential piece of the future of society. The cryptocurrency is increasingly adaptable and ready to use and has a strong framework that separates it from the other cryptocurrency worthy of the venture.

What is Dash?
Future of DASH Cryptocurrency and know how to buy DASH

#1 – Dash: The Basics

What is Dash?

  1. Launched in 2020, and previously known as Darkcoin, Dash is a cryptocurrency that was created and designed to guarantee user privacy as well as anonymity.
  2. In fact, Dash’s whitepaper, which was co-authored by Evan Duffield and Daniel Diaz, describe Dash as “the first privacy-centric cryptographic currency” based off of Satoshi Nakamoto’s work. Dash is typically a blend-word for Digital Cash (DASH, being its currency symbol).
  3. Dash is one of the first of the digital currencies to exist with a decentralized blockchain governance system. It was created as a result of a fork of the Bitcoin, meaning that the creation of Dash was typically to improve bitcoin’s shortcomings. This means that flaws and weaknesses that existed in Bitcoin are absent in the Dash token, making it significantly different, especially in terms of efficiency, speed and anonymity. We’ll discuss this in detail below.

#2 – What are the benefits of Dash?

There are several features of the Dash technology that play an important role in attracting investors to it. Some of those benefits are:

  1. Popularity: Dash has developed a steady follower base, and in fact, many have also strung along with it through all of its challenges. And without disappointing them, Dash has made through its challenges and has entered into an “action-packed” stage, drawing attention to more investors.
  2. It isuser-centricc: Amanda Johnson, the Spokeswoman of Dash, said Dash’s target audience “is for the kind of people who are not interested in cryptocurrency”. Being a user-friendly currency, Dash has evolved as one of the masses’ favorite coin. This is because of its versatility, flexibility and its universal appeal. The makers of the Dash coin have not only focused on its users but have also thought ahead of other crypto coin makers.
  3. Fast speed: Dash’s lightening speed has turned out to be its highlight. Its transactions take place instantly, giving it a headstart on adoption over many other cryptocurrencies.
  4. Liquidity: Not only is Dash is listed on a very large number of online exchanges, but it also accepted in all affiliate online stores already. Adoption is ongoing!
  5. Cheap costs: Dash is one of those crypto coins that can be considered as a cheaper substitute to the bigger cryptocurrencies, which are all usually overpriced. Moreover, its transaction fees are also provided at low rates, making it profitable for an investor.

#3 – How to buy and store Dash?

Buying Dash Cryptocurrency

Dash can be bought through:

  • Fiat money
  • Other cryptocurrencies

These transactions can be performed using Bitcoin, Ethereum and more. Being the popular cryptocurrency that it is, it is listed with over 150 pairings across nearly as many exchanges – including Binance, OKEx, Cryptopia, Bittrex, and more.

  1. While cryptocurrency exchanges provide you a platform to buy or sell Dash tokens, CoinSwitch largest cryptocurrency exchange comes in to help you make the right decision by providing the prices for Dash on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you! You can buy Dash with Bitcoin from CoinSwitch at the best rate.
  2. What’s more – with CoinSwitch, you do not rely on a separate wallet from the exchange to store your DASH coins. Instead, all transactions happen to and from your own personal private wallets.

Storing Dash

While there are various different Dash coin wallets for its storage, here a few that are most user-friendly:

  • Ledger Nano S: Hardware wallet
  • Dash Wallet for Android
  • Dash Wallet for iOS
  • Dash Wallet: Core


#4 – How is Dash different from other crypto coins?

Unlike other crypto coins, Dash provides its users with special features of its own.

    One of them is called the InstantSend (previously called InstantX). This is beneficial in solving the problem of double spending (spending the same currency twice). This is done by barring the amount of money that is sent, without having to wait for a block confirmation.

Another interesting feature of Dash is a coinjoin mixing technique called PrivateSend (previously called DarkSend). This helps in providing anonymity to the transactions that are carried out by its users. Coinjoin mixes the transactions of multiple entities into a single transaction, instead of separating them into different ones.

Dash is also different from other cryptocurrencies due to its self funded structure. Dash mining works in unique ways. 45% of all Dash coins that are mined are earned by the miners. Another 45 percent are awarded to the masternodes running the network. The remaining 10 percent are sent to treasury that helps provides funds for its development team, for marketing purposes, and customer support centers.

  • You could argue that Dash is also more democratic and consensus based – it has a voting mechanism that allows its users to vote on changes in the system, assisting with quick change implementation. This is missing in cryptocurrencies like Bitcoin, which many argue is the reason for its slow movement on scalability solutions.
  • #5 -What is the future potential of Dash

    Being one of the most accepted altcoins in the cryptocurrency market, Dash has experienced a stable growth in the past years. Its valuation is as follows:

    1. This growth has come with its share of thrills. The coin went from barely $10 to over $1500 within less than a year between 2020 and 2020.
    2. Since then it has stabilized and trades between $300-$400 as of mid-2020 on the crypto markets.
    3. Moreover, it has effectively managed to break into a $1 billion market cap too. After April 2020, Dash’s market capitalization has hovered around $3.8 billion dollars.

    #6 – Should you invest in Dash?

    With the spotlight moving towards altcoins in the recent times, Dash coins have made it big in the crypto space. And for investors that are always vying for something new, the Dash cryptocurrency checks all the criteria, making it one of the most preferred altcoins to investors of all types around the world.

    A word of caution: Like most other cryptocurrencies, the value of Dash fluctuates quite a bit – having fallen from $1500 to below $400 in 2020. It would be wise to observe market trends before entering into this coin.

    But, if we’re looking at thlong-termrm, as per its value and price records, Dash has grown significantly from its former position, and should continue to be a champion of fast transactions and scalable cryptocurrency industries.

    This makes it a strong contender for top currencies like BTC, especially after having being marked 12th in the market for its trading volume. Filled with investor friendly beneficiaries like rapid mining speed, secure and risk-free transactions, elevated liquidities, Dash has been internationally considered as “the coin of the future” by crypto-analysts.

    Beginner’s Guide to Dash

    Dash is essentially digital cash that you can spend wherever you want. With Dash, you can make private payments either in stores or online via the open-source platform that is completely secure. The platform is hosted with help from thousands of users worldwide. Payments with Dash are instant and completely private. InstantSend payments will confirm in under a second, so there is no concern about wasting time.

    Who Is Behind Dash?

    The Network appoints the Dash Team, which receives monthly funding from the blockchain to keep developing the core technology of Dash. The CEO is Ryan Taylor, while the CTO is Andy Freer. UDJINM6 is the lead developer, and Holger Schnizel does quality insurance, automation, and testing. Other members of the management team include Daniel Diaz for business development, Phillip Engelhorn for press and multitool, Fernando Gutierrez for multitool, Robert Wiecko as project manager, and Evan Duffield as strategy advisor. There are two dozen additional developers, plus 15 more team members dedicated to testing and support.

    Dash Is Private and Secure

    Dash keeps all information private thanks to PrivateSend, which ensures balances and activity history are both private. It is also incredibly secure, as every transaction is confirmed by the 200 TerraHash from X11 ASIC computing power, plus more than 4,500 servers with hosting around the world.

    What Network Does Dash Use?

    Dash relies on a next-generation P2P network. The core of Dash uses the unique peer-to-peer network that is fully incentivized. Miners secure the blockchain and receive rewards for doing so. They also receive masternodes to reward validating, serving, and storing the blockchain. These masternodes are a new type of network servers working in incredibly secure clusters known as quorums. These allow for a range of decentralized services, including privacy, governance, and instant transactions, without having to worry about low-cost network attacks.

    Among the Biggest P2P Networks Worldwide

    Dash launched back in 2020. Since then, it has grown to include 4,100 masternodes. This is largely due to incentives and means that the peer-to-peer network is among the biggest in the world. The large number of nodes improves the capacity for end-users to access their Digital Cash 24/7, no matter where they are. It also improves the security of services.

    Is Dash Self Governing?

    Dash prides itself on being the first self-governing and self-funding protocol. Every user of Dash can propose projects to the network. You can get funding for anything that will improve and grow Dash, including development, funding, and everything in between. Essentially, Dash funds its adoption and growth with everyone accountable to the network. It is simple to submit a proposal and get funding for your idea.

    What Is the Dash Network Status?

    At the time of this article, the Dash market cap was $2,150,980,474 USD. There were 4,709 masternodes, with the most occurring at any point being 4,729. You can also view specific statuses for various exchanges on the Dash website’s Network tab to track the currency in real-time.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Perfect For Beginners and Middle-Leveled Traders!
      Free Demo Account!
      Free Trading Education!
      Get Your Sign-Up Bonus Now!

    • Binomo
      Binomo

      Good Broker For Experienced Traders!

    What Is Dash Evolution?

    One of the next steps in the works for Dash is Dash Evolution, which will make Dash even easier to use. You will be able to sign up or access your Dash account from the device of your choice and complete a transaction with as much ease as you would with PayPal. When ready, Dash Evolution will bring digital cash into the reach of those with all levels of comfort with technology, even the elderly with minimal tech experience.

    Dash Evolution will allow anyone to create an account using the blockchain. They can then add contacts and send payments by name. It will be possible to buy from mobile apps or websites using Dash with just one click for convenience and time savings.

    Evolution will include a light wallet of a new variety that includes browser compatibility and SPV security. The wallet connects right to the peer-to-peer network of Dash, complete with its more than 4,000 nodes. Evolution will let users connect directly with various merchants to buy items.

    They will also be able to set up automatic debits for subscription services. You can search for any merchant integrated into Dash on the blockchain. You can then rate purchases, letting the community choose their vendor in an informed manner.

    Dash Evolution will be simple for merchants to use, as well. The decentralized API is simple, letting merchants add Dash payments onto their mobile app or website in just minutes. There will be no need to hire a third party to take care of customer payments. Instead, merchants can build a direct relationship with clients via the blockchain.

    The alpha version of the Dash Evolution should hopefully be released near the end of this year. There will also be more releases before that release date, so keep your eyes peeled.

    Dash Wallets

    There are a number of official Dash wallets which you can download, including Dash Core, Electrum, Mobile Wallets for iOS and Android, Web Wallet, Paper Wallet and also both the Trezor and Ledger Hardware wallets support Dash.

    How Do You Use Dash?

    To start using Dash, just download the latest Dash client. You can then buy or trade dash via a long list of exchanges. You also can get it from one of the brokers, including Changelly, BitPanda, Shapeshift, and Magnetic Exchange. In the case of buying or selling larger quantities of Dash, a vendor can pair the buyer and seller to prevent price slippage. Dash is available on dozens of exchanges, including Bitfinex, Kraken, and Poloniex.

    At the moment, the range of merchants accepting Dash for payments is growing quickly. You can use it for debit cards, email providers, VPN providers, VPS and hosting, graphic and web design, gift cards, games, online casinos, a range of web stores, paying certain bills, and precious metals.

    How to Buy Dash

    Once you have a Dash wallet setup, you will want to purchase some DASH to hold in it. You are not able to purchase Dash directly with “Fiat” currency so you will need to first purchase another currency – the easiest to buy are Bitcoin or Ethereum which you can do at Coinbase using a bank transfer or debit / credit card purchase and then swap that for DASH at Changelly.

    Register at Coinbase

    For first time buyers of crypto currency, we recommend that you use Coinbase to make your first purchase – its easy to use, fully regulated by the US government so you know it is one of the safest and most reputable places to purchase cryptocurrency from. Coinbase offers the ability to purchase Bitcoin, Litecoin and Ethereum with a credit or debit card or by sending a bank transfer. The fees are higher for cards but you will receive your currency instantly.

    You will have to carry out some identity verification when signing up as they have to adhere to strict financial guidelines. Make sure you use our link to signup you will be credited with $10 in free bitcoin when you make your first purchase of $100.

    To get started, click the “Sign up” button where you will be taken to a registration form where you will need to enter your name, email and choose a password.

    Coinbase will then send you a link via email to verify your email account, once you click the link in the email you will be taken to a verification page. You must then add your phone number and upload a photo of your ID – this can be a passport, driving license etc. You also have to add your payment details, so you can add your bank account or a debit or credit card as required – after a short period your account will then be verified and you can then make your first purchase.

    Purchase Ethereum or Bitcoin

    For this guide, we will be purchasing Ethereum to swap for our target cryptocurrency. The reason for this is that it has far cheaper fees than bitcoin for sending and the transaction also happens a lot faster. So in Coinbase, visit the “Buy / Sell” tab at the top, select “Ethereum”, choose your payment method and enter the amount you wish to purchase – you can either enter a US Dollar amount or a number of Ether.

    You will then be asked to confirm your transaction, if paying with a card you might have to complete a verification with your card provider. Once that’s complete, your Ethererum will be added to your account.

    Using Changelly

    The next stage, is to use the Changelly website to swap your Ether for DASH. Use this link and enter how many Eth you will like to convert and it will show you how many DASH you will receive in return, if you are happy then go ahead and click the green “Exchange” Button.

    On the next screen you will be prompted to register an account which you can do so by using a social media account or entering your email address.

    Once that’s done, you will be taken to a page showing the transaction details – check it over and make sure the amounts are correct. Once you are happy click the green “Next” button.

    On the next screen, you will be prompted for your Dash wallet address where you will receive the coins. Paste this into the box and click the green “Next” button.

    You will then be shown a final confirmation screen, again, make sure all details are correct before proceeding.

    Changelly will then provide you will an address to which you mush send your Ether, so copy the address that they give you and then head back to your coinbase account.

    Send Your Ethereum or Bitcoin

    In Coinbase, click the “Accounts” and Select your Ethereum Wallet on the left and then click “Send”.

    Enter the address that Changelly gave you before.

    Click “Continue” and then you may have to confirm the transaction with your email or phone if you have 2 factor authentication enabled.

    The transaction will now be sent over the Ethereum network and will take a short while to arrive – you can check in your Changelly account where it will notify you of the following steps :

    1. Waiting for payment
    2. Exchanging
    3. Sending to your wallet

    Once it’s complete a confirmation message will appear on the screen saying “Transaction Complete”. You can now check your Dash Wallet where you can confirm you now own your DASH.

    Conclusion

    Dash can provide a nice alternative to existing services by combining the ease of instant transactions with the versatility of digital cash. It seems very simple to use. In addition, based on its previous expansion rate, Dash will likely continue to grow. As the users increase in number, more merchants will accept it as payment and more buyers will choose to make purchases using it, dramatically increasing the usefulness of the platform.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Perfect For Beginners and Middle-Leveled Traders!
      Free Demo Account!
      Free Trading Education!
      Get Your Sign-Up Bonus Now!

    • Binomo
      Binomo

      Good Broker For Experienced Traders!

    Like this post? Please share to your friends:
    Binary Options Trading: Brokers Reviews
    Leave a Reply

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: