Dash (DASH) is a peer-to-peer (p2p) cryptocurrency that offers cheaper and faster transactions than other legacy blockchains. Dash first came to be through a Bitcoin fork that split into Darkcoin, later called Dash. Similar to Ethereum, Dash uses a Proof of Stake (PoS) algorithm to verify transactions instead of Proof of Work (PoW) like Bitcoin does. Generally, Dash is used as an exchange medium due to its cheap and fast transaction in addition to its strong encryption ability.
The DASH price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines DASH price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor DASH prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest DASH price anytime, anywhere.
The DASH price constantly changes, however, our interest rates are stable as ever. Since 2019, our DASH savings account has featured 5.5% APR + compounding interest. Not bad right?
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of a Dash price drop or simply use the growing value of your Dash price as collateral for instant cash. Keeping HODLing Dash and profit.
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