Dash is one of the first cryptocurrencies that come to mind when you think of a best-in-class blockchain with instant transactions and micro fees. Dash’s network features are practically unmatched by most blockchains and can blow the mind of any person who has not yet tried using Dash themselves. Launched in 2014, Dash has been operating for more than 8 years and on many occasions has proven its status as an exceptional solution for fast and low-cost payments. This is why Dash is held in high regard by thousands of businesses that rely on Dash as their go-to crypto payment option. Let’s get more familiar with the tech behind DASH and its major use cases that anyone can benefit from.
Key points:
- Dash focuses on delivering the best performance in terms of transaction speed.
- Dash’s value is backed by a huge ecosystem of businesses using the coin.
- NOWPayments can assist you with deploying DASH payments.
What is DASH coin?
DASH basics
Dash is a cryptocurrency, so it is fully digital, which makes it capable of being transferred by anyone, anywhere in the world in a quick, easy and cheap way. The Dash blockchain does not have a central authority tasked with monitoring the network, so every person is welcome to use it. Dash is based on the original Bitcoin code and was launched on January 18, 2014. The goal of the developers behind the project was to make it a more efficient and practical solution for transferring digital cash.
Advantages of DASH
Dash is portable, so you can send and receive DASH coins using your phone. It offers absolute freedom because of the Dash blockchain’s permissionless nature, so you stay in full control of your money. Dash works 24/7 and 365 days a year, it does not have bank holidays, bureaucracy, or hidden fees. Dash transactions are irreversible which protects merchants from unsolicited and fraudulent chargebacks. At the same time, by relying on the highest grade of cryptography, Dash ensures security for its network. It is also wicked-fast because DASH transactions are processed in under 1.5 seconds. Finally, it is low-cost, since the average DASH transaction fee is around $0.01.
InstantSend
Dash pioneered the use of a masternode network to facilitate secure instant transactions. Unlike the majority of networks, Dash utilizes a system of masternodes validating that the funds specified in transactions have not already been spent, and then locking them within 1-2 seconds before the transaction is complete. This translates into an unprecedented Dash transaction time.
Does Dash have value?
$DASH definitely has a value that derives from the utility offered to users. Dash value depends on the basic mechanism behind every currency the social consensus. Basically, people find $DASH useful and agree to utilize it as a means of exchange. Currently, Dash is accepted by more than 150k merchants and merchants. Moreover, on a daily basis, Dash has over 50k active addresses. It processes billions worth of transactions every year. These facts clearly demonstrate that the Dash currency has a massive value and utility. Additionally, the value of Dash is supported by the incredible technology powering the blockchain. Ultimately, Dash’s tech provides it with a real-world competitive advantage and an edge over the existing alternatives.
DASH use cases
Living Room of Satoshi
Living Room of Satoshi is an Australian service providing clients with a simple, secure way to pay their everyday Australian bills with DASH and other cryptocurrencies.
Thanks to the service, Australians can pay virtually any type of bill, from electricity bills, car registration, mobile phone, credit card, or even a bank account. The service has been going strong since 2014 and it is trusted by thousands of clients. So, if you live in Australia, it is the best way to pay for utilities.
CryptoRefills
CryptoRefills is another useful service letting you use your Dash as a means of payment. For instance, you can get gift cards, e-gifts, and vouchers with Dash and other cryptocurrencies. Additionally, you can top up your mobile. CryptoRefills is a quick, secure, and private way to spend your DASH coins on goods and services. The service has a gigantic selection of gift cards and you will certainly find something up your alley.
DashDirect
DashDirect allows users to shop with their DASH at over 150,000 locations and online merchants. The products eligible for purchase range from apparel and electronics to food and entertainment. Moreover, users can save an average of 5% with every purchase. Basically, DashDirect is the perfect app to use when you wish to exchange your coins for products.
Travala
Travala is a platform known to most crypto investors since it enables people to book hotels using their cryptocurrency. Dash is one of the coins accepted by Travala.
The service features more than 2 million accommodations all of which can be booked with DASH. When you pay with DASH at Travala, you receive a 2% giveback in AVA, Travala.com’s native cryptocurrency. Travala is the ultimate platform for finding a place to stay on your next journey.
Church’s Chicken
Church’s Chicken is a great restaurant treating guests to simple but yummy food such as chicken, French fries, and burgers. The restaurant is an iconic place in the entire country of Venezuela and thousands of people attend it to munch on the Church’s Chicken’s signature dishes.
The restaurant accepts DASH payments. So, the next time you go to Venezuela, do not forget to pay a visit to Church’s Chicken.
RE/MAX
RE/MAX is one of the world’s leading real estate companies. RE/MAX has a presence on 5 continents and works with more than 140,000 Associated Agents. In Venezuela, there are 1,700 Associated Agents and over 80 offices.
The Venezuelan branch of the company accepts payments made in DASH. RE/MAX is a recognized brand offering high-quality services to its clients.
Sugartrends
Sugartrends is a marketplace where small local stores can present their products to global customers. The company focuses on bringing forward special local products to an international crowd. Thus, it allows small stores to remain profitable in a fierce online competition, while at the same time helping each city to retain its unique touch, not replacing boutiques and small stores with large chains. Sugartrends accepts DASH payments.
Payments, donations, and payouts
Merchants and individuals also can accept DASH payments by using NOWPayments, a reliable crypto payments gateway. NOWPayments makes the process of accepting DASH payments and donations easy, automatically updating the price of products according to the latest exchange rate. NOWPayments is a non-custodial solution guaranteeing instant payouts to its clients. Apart from accepting DASH payments, you can also utilize the Mass Payments features to send salaries and other DASH transfers in bulk.
How can I accept DASH coin payment?
As mentioned above, businesses and individuals have a chance to integrate Dash payments and Dash donations using NOWPayments. Here is the complete list of tools to receive a Dash coin payment offered by NOWPayments and available for deployment:
- eCommerce plugins: These plugins are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware.
- Crypto invoices and a PoS terminal: Businesses can use crypto invoices and a virtual Point-of-Sale terminal.
- Subscriptions: Some companies may deploy special subscription-based payments.
- API: NOWPayments’ versatile API enables businesses to create custom crypto payment solutions.
- Payouts: You can send mass payouts as a salary, bonus, reward, or rebate automatically to as many addresses as you wish.
- Crypto donations button makes the process of sending DASH cryptocurrency donations easy.
- Crypto donation widget allows you to feature an unlimited number of cryptocurrencies.
- Crypto donation link is perfect for social media platforms such as Instagram, Twitter, TikTok, etc.
Here is a guide on how a Dash crypto invoice can be created:
- Type in your public DASH address.
- Press “Create an invoice.”
- Enter the details of your invoice.
- You will receive an invoice that your clients will be able to settle by simply scanning its QR code.
FAQ
What is DASH crypto
DASH is a cryptocurrency offering fast and inexpensive transactions particularly. On average, it takes less than 1.5 seconds for a DASH coin transaction to get processed. This feature makes a perfect solution for merchants and services that accept DASH as payment.
Is Dash a good investment?
Dash is a solid investment option given its massive utility and an incredible number of use cases. There are thousands of companies using Dash payments. Dash has a great potential to continue accelerating his trend, building an even larger ecosystem. So, there is a chance that Dash’s value will rise.
How many DASH coins are there?
The total max supply of DASH is 18,900,000 tokens. The entire supply will be entirely mined by 2300. As of August 2022, Dash had a circulating supply of 10,870,102 coins.
How to buy DASH crypto?
Dash can be purchased on over 200 different crypto exchanges.
For instance, follow these steps to buy Dash on Binance:
- Create an account on Binance’s official website.
- Top up your balance with fiat.
- Exchange your fiat currency for DASH.
Conclusion
Dash is a one-of-a-kind cryptocurrency with amazing characteristics such as 2-second transaction finality and low gas fees. NOWPayments enables merchants and individuals to accept Dash payments effortlessly.