The first name of the DASH cryptocurrency was Xcoin, which was renamed to DASH in 2015. It was originally intended to offer the highest level of anonymity and was positioned as a privacy-focused cryptocurrency in its white paper. Let’s discuss the coin Dash in more detail.
What is the Dash?
Here are the main features of the crypto Dash:
- It is an open-source platform that enables a decentralised money transfer method.
- Dash was designed as an intermediary service for cryptocurrencies, cash, credit cards and PayPal transfers.
- The project is managed by a group of users called master nodes.
- The Dash crypto price is $40.62 (mid-October 2022).
The advantages of this cryptocurrency lie in its numerous practical use cases. You can use this speculative asset to buy goods and services or trade on various popular cryptocurrency exchanges.
Prospects and Future of Dash crypto
Analysts have researched the Dash coin price throughout its history and have concluded that this asset will reach a value of $93.7 – $109.86 by the end of 2023. Considering the forecasts, Dash crypto appears to be a good investment. However, before buying a crypto asset, you need to do some analysis. Remember that investing is always risky.
You can find current prices for the Dash crypto on the WhiteBIT exchange. It also offers the WhiteBIT Blog – a service with valuable articles, trading instructions, and descriptions of cryptocurrency projects that deserve your attention.
On WhiteBIT, you will find more than 400 cryptocurrency pairs available for purchase and the possibility to deposit and withdraw and deposit fiat currency.
The platform offers a convenient crypto wallet you can use for daily trading or buy Dash crypto and hold it long-term. WhiteBIT stores 96% of user funds offline, which leaves no chance for hackers to reach them.