ALTCOINS Explained
Dashcoin Buying & Selling Guide
Follow our easy to understand guide to get the most out of your Dashcoin experience.
Think through everything you need to know to get started and to trade safely.
Buying, Selling & Trading Dashcoin and other coins can be done safely, inexpensively and easily.
What are some of the things to keep in mind when buying Dashcoin and altcoins?
There are plenty of considerations when deciding where to buy Dashcoin, where to sell DASH and where to trade altcoins.
We recommend thinking through these important features. Read on to find out more.
Security
The first and last thing that comes to mind when thinking about your funds or any currency is keeping it safe and secure.
It is crucial to pick a platform that offers robust security and assurances to users. There are notable examples of lost user funds and no one wants to experience a loss of funds - especially due to a weakness in the trading platform.
TIP: Pick a well known, well trusted platform with a perfect track record on safety.
Ease of Use
If you’re a new user or new to cryptocurrency then pick a platform with easy and intuitive features.
You’ll see in our top altcoin exchanges review, we cover a number of platforms with simple and easy graphical user interfaces.
TIP: Just because a trading platform is easy to use doesn’t mean you’ll miss out on great features. There are some very advanced trading platforms with simple and easy to use interfaces.
Fees
Nobody wants to pay more than they need to. Fees can vary substantially between marketplaces and trading platforms.
In some cases, the buyer pays a fee and/or the seller pays a fee to the platform. This can add up over time.
There can also be additional fees for certain payment methods (such as Credit Card or PayPal).
In some cases there may be additional fees to withdraw stored funds to fiat currency on withdrawal.
TIP: Read the fine-print and check on withdrawal fees before committing to a platform.
Speed & Access
Because one key benefits of Dashcoin and other altcoins is their ultrafast transaction speed, the last thing you want is a platform that can’t keep up.
Depending on where you are in the world, major platforms will allow local server access to keep connection times fast and ensure the fastest network transaction speeds.
TIP: Pick a global platform with quick access everywhere in the world.
Is there an App for that?
It can be really handy having easy-access to your trading platform. Some Dashcoin and altcoin exchanges offer dedicated smartphone apps with all the key features at the tap of your finger.
In addition to standalone web interfaces, iOS and Android apps are available from many of the top trading platforms outlined in our top altcoin exchanges reviewed.
TIP: Check the app store or with the platform when you sign up to see if there’s a companion smartphone app.
Altcoins
Dashcoin is a great cryptocurrency - but it’s not the only great cryptocurrency!
Dashcoin plays an important role in one’s cryptocurrency portfolio alongside many other leading altcoins and bitcoin (BTC).
If you’ve already have other cryptocurrencies or are considering holding multiple altcoins then think ahead.
TIP: Be sure you pick a platform that allows trading between altcoins and offers support for all of your favorite coins. Our top altcoin exchanges reviewed article will help you find a platform that offers support for all the altcoins you need.
Platform Features
Margin Trading? OTC? Futures? Are you looking for advanced trading features? It’s important to consider which features are offered by your platform.
In the most basic sense, you’ll want to ensure that your platform offers support to buy, sell and trade cryptocurrency. If you’re after unique trading pairs then you’ll need a platform that offers numerous altcoins and support for trading.
Advanced trading features like margin trading are possible through numerous platforms - however, not all platforms offer easy to use, intuitive interfaces.
Some altcoin trading platforms and cryptocurrency exchanges offer advanced analytical tools and automated order processing, allowing advanced order execution all on a single platform.
Another key consideration is support for all the altcoins you’ll be using and whichever fiat currencies are most convenient for you.
TIP: Pick a full-featured platform that will give you the necessary framework to grow your trading skills and enable advanced trading - even if you don’t think it’s necessary just yet.
Currencies
Depending on where the exchange is based, you’ll want to be sure you can use whatever fiat currency is most convenient for you to buy Dashcoin and to buy altcoin cryptocurrencies.
Not all trading platforms offer support for multiple currencies.
Many of the platforms featured in our top altcoin exchanges reviewed article have support for USD, EUR, GBP, JPY, CNY, CAD, RUB, INR, THB and other currencies.
Some exchanges do not offer direct support for USD but instead offer USDT (an altcoin pegged in value to the US dollar)
TIP: Depending on where you’re based, it may be easiest to find a trading platform that offers support for your local currency.
Wallets
One of the most crucial parts of Buying Dashcoin, Selling Dashcoin, Trading Dashcoin and using Dashcoin for transactions is to have a Dashcoin wallet.
Of course, everyone wants to keep their funds secure and peace of mind should be paramount in a wallet.
It’s important to use a trustworthy wallet from a reputable platform. In some cases, there are even easy to use smartphone apps from trading platforms that allow quick and easy transactions from anywhere in the world.
If you're looking for a dashcoin wallet then you're in the right place. DASH is sometimes called dashcoin so our best dashcoin wallet recommendations will be exactly what you need to store dashcoins safetly and securely.
TIP: Look to see if your online wallet platform offers a companion app to make accessing your funds quick and easy.
Buying and selling dashcoin
If you're looking for where to buy dashcoin or looking for where to sell dashcoin, you're in the right place. DASH is sometimes called dashcoin so you can check out our top rated dashcoin trading platforms to see where to buy, sell and trade dashcoins and check out the best dashcoin wallet recommendations.
TIP: DASH is sometimes called dashcoin. You're in the right place if you're looking to buy dashcoins, sell dashcoins or trade dashcoins.
Why is Dashcoin so popular?
The popularity of dashcoin has skyrocketed recently thanks to a number of factors. Availability of online and offline dashcoin wallets makes storing and transferring dashcoin and DASH a snap. Quick transfer times with low fees has made dashcoin the ideal altcoin for everyday transactions. In countries where there is wide fluctuation of currency value, dashcoin provides users a secure way of holding wealth as well as a convenient way to make purchases and transfers locally and abroad.
What's the best way to get started?
The best way to get started with dashcoin is to get a wallet. Whether you're looking for an online dashcoin wallet, an offline dashcoin wallet, a Windows dashcoin wallet, a Mac OS X dashcoin wallet, a Linux dashcoin wallet, an android dashcoin wallet or an iOS dashcoin wallet, our guides will help you find the best option for you.
What if I'm using a tablet?
If you're using a tablet device, such as an iPad or iPad Pro, you'll want to make sure you have a suitable tablet dashcoin wallet. Our recommendation for a dashcoin wallet on iOS is to use an online wallet. Check out our recommendations here. Because most wallets aren't customized for tablets, using an online dashcoin wallet for your tablet device is probably your best bet because you'll want 100% compatibility with iPad and other tablets.