SMART VALOR is announcing the listing of new cryptocurrency available for trading - Dash. To celebrate the
listing of Dash
, we want to give you an introduction into this very interesting blockchain project and outline why Dash really could be used as a currency due to features that other big cryptocurrencies lack.
We are living through a remarkable, historical period when the blockchain technology has arrived to shift the balance of power between the state and the people, between Wall Street and a startup and as one of the first licensed crypto exchange companies out of Switzerland we surely believe
listing of Dash
at our platform is a very important to accomplish our mission:
"To build the new financial market infrastructure which will democratize access to wealth and make exclusive investments widely accessible."
- Olga Feldmeier, CEO SMART VALOR
The name Dash stands for “Digital Cash” which is unsurprisingly its use case. While many cryptocurrencies like Bitcoin are used as a store of value like gold, few actually serve as a medium of exchange used on a day to day basis. Dash is designed with exactly this purpose in mind. - an alternative to cash but with all the benefits of a cryptocurrency such as no central authority involved, immutable ledger and many specific features we will elaborate in this article.
In addition to that, the SMART VALOR Platform gives you the opportunity to buy Dash with major fiat currencies: Swiss Franc (CHF), Euro (EUR), US Dollar (USD) and British Pounds (GBP). You can do this with a Credit Card or a wire transfer which will save you time and money out of fiat exchange rates. Of course, you can also use Bitcoin (BTC).
What is Dash?
Dash is an open source cryptocurrency and is a form of decentralized autonomous organization (DAO) run by a subset of users, called "masternodes". It is an altcoin that was forked from the Bitcoin protocol. The currency permits fast transactions that can be untraceable.
Dash builds on this simple (although somewhat unfamiliar) concept by offering users instant, private and secure transactions that are so simple. You won’t even know you are transacting on a blockchain.
Originally a Bitcoin fork Dash offers a distinct difference to its original blockchain protocol. Dash only needs 1-2 seconds for the transactions. While the creation of a block of transaction takes 10 minutes with the Bitcoin blockchain. This is also one reason why Bitcoin is not really used as a currency.
Dash Market Cap
As of today the market cap of Dash exceeds $800,000,000 which makes Dash. This makes it one of the most valuable digital currencies out there.
That is why SMART VALOR truly believes in making transactions with Dash seamless and secure for the crypto community worldwide.
Disclaimer: Cryptocurrencies can fluctuate widely in prices and are therefore not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Trading history presented is less than 5 years and may not suffice as basis for investment decision.