The Dash (DASH) cryptocurrency is quite the popular cryptocurrency. Its features are similar to Bitcoin’s. That’s natural since it started as a Bitcoin fork, but it’s more advanced in many ways because it’s a newer project. The coin’s peculiarities include decentralized governance and fast transaction speeds that also allow for untraceability.
It gives full power to its users to transfer tokens into their wallets as they wish. So if you want to use your Dash coins to pay for your coffee, or to recharge your mobile, pay at a restaurant or any operation of the sort, you can just open your Dash wallet and do it whenever you want, wherever you want.
And to make things even better, the services in the Dash network are high-quality but very cheap. It enjoys worldwide adoption by both individuals and businesses because transfer fees are low, and transactions are settled almost in real-time.
In this article, we’ll offer you a guide to some of the best Dash wallets, which enable you to store or use your Dash tokens.
You can find this wallet at www.dash.org. It’s a desktop wallet, effortless to use, safe and free. If an excellent Dash wallet is what you want, you should be considering this one. It offers all of the features in Dash (despite being free) including InstantSend or PrivateSend, also management for master nodes and governance.
It gives you complete control over your Dash currency and enables you to verify the source code and binaries if you’re so inclined. Full validation is supported out-of-the-box, so you don’t need to trust the platform because there’s no bridge between your service and the dash blockchain. There’s a catch. The high security and features in this wallet require quite a bit of space in your hard-drive.
The point in Dash is to bring you all the goodies you have with other digital assets while avoiding some of the limitations they have. The user interface is intuitive without losing security, and the user’s freedom and control over the assets are paramount. It transacts directly from Dash’s network, which means that receiving, sending, and storing the coins is as safe as you can get. Other exciting features include:
- Transacting with dash coins in a matter of seconds, whether online or not.
- Payment facilitated by Face ID recognition.
- Easy recovery phrase so your funds can be recovered when the device is unavailable.
- Hardware encryption that secures storage.
- No extra or hidden fees.
If Dash is your go-to cryptocurrency, this is the wallet you need.
Head to coinomi.com to find this easy to use mobile wallet. It’s not as safe as Dash Core, but it’s good enough, and it’s also free.
It’s one of the best wallets to store Dash as well as other digital assets. It, fortunately, lacks Know-your-customer red tape, which makes everything agile. You can use your tokens whenever you want without the typical KYC restrictions. It doesn’t track transactions; it doesn’t link to your identity or associates the wallet to an IP address.
Operating by hiding IPs means that every user’s request is anonymous in the network, so there’s no need to worry about leaving a track behind. Another exciting feature is the ability to convert between several cryptocurrencies in real-time and privately inside the wallet. This is facilitated by the project’s strategic partnerships with Shapeshift and Changelly.
The security is built around the Hierarchical Deterministic Wallet protocol (BIP44) which allows for high security without hampering accessibility. It uses a single sturdy passphrase which needs single backup only.
Unlike Dash Core, this wallet doesn’t transact directly on Dash’s blockchain, so you have to rely on the provider’s services for your transactions to be completed. This wallet’s users should make sure there is no malicious code when they download this particular wallet because that could hazard your device’s integrity.
This project is always moving forward and innovating. This is a wallet that can serve both rookie and experienced cryptocurrency users, whether they use Dash or other altcoins.
It’s very safe, free, easy to use, and more versatile because it’s available in both mobile and desktop versions. It’s at https://jaxx.io/support.html.
The wallet was created and is maintained by Decentral, a Canadian software company. It’s one of the best wallets in the Dash environment. Users who want a multi-coin wallet will be particularly pleased with this one, as it supports upwards of ten already, and it keeps adding support for other assets. The restore funds option is particularly easy to use as it only takes a 12-word security seed key for backup.
The best overall feature in Jaxx is probably the control it gives to users to export and import encryption keys whenever you like. The interface is easy-to-use. The developing community is very active. ShapeShift integration also allows converting assets instantly without leaving the wallet.
The dash-centric features missing in Jaxx are InstantSend and PrivateSend, so while the wallet works very well and it’s safe, free and reliable, you will lose some of the dash flavors if you opt for it.
It’s available on Mac, Windows, and Linux as a desktop application. It’s also available as a mobile app for both mobile phone giants (Apple and Google). If you’re the kind of guy who prefers wallets as browser extensions, you can get this one for Google Chrome and Mozilla Firefox.
The wallet is good, for sure. But you have to trust the vendor’s server (because you’re not transacting on the blockchain directly) and you must be sure that there is no additional malicious code upon downloading and installing.
Trezor is widely regarded to be the best hardware cryptocurrency wallet in the market. While it’s powered by open-source software, it’s not a free service because you can only use it if you buy the device. But it’s probably the safest wallet. It’s small, not too expensive, and very reliable.
The advanced cryptographic technology in Trezor allows users to store their private keys and carry out transactions securely without revealing any private keys. So a Dash user controls its coins in total. Simple Payment Verification allows users to confirm transactions with minimal trust if transfers were settled.
This impressive piece of hardware comes from SatoshiLabs, in the Czech Republic. It’s small, portable, and very sturdy because of a body made from aluminum and plastic. It comes in three colors (gray, white and black) and it includes an OLED screen so users can see their 9-digit code and the 24-word passphrase.
The offline storage characteristic of Trezor (cold storage) adds an extra security layer.
The device supports many different cryptocurrencies, including all the most popular options. It doesn’t support InstantSend or PrivateSend, but maybe that’s a small price to pay for the high degree of security offered by the cryptoverse’s most reputable hardware wallet.
Ledger Nano S
This is another hardware wallet. While it’s not as highly-reputed as Trezor, it’s still trendy because it has a familiar form factor (it looks like a run-of-the-mill USB stick) and it’s very reasonably priced. If you have lots of Dash, this is a good option for you. And it also supports many other tokens. It’s a perfect multicurrency wallet.
Once you buy one of these cute little toys, you’ll get it out of the box, and you’ll have to set it up with a passphrase. You will use the phrase to create your own private keys, and you will own them for good. That ownership increases security significantly so you can keep using your wallet even in a hacked device. The whole setup process takes no more than three minutes. You can send Dash to other wallets using the wallet’s web version.
The hardware includes a tiny screen that enables you to regulate your transactions. It’s a very friendly device, even for beginners. Its reputation is excellent, and it’s compatible with the web.
The last wallet in our list is a desktop one you can find at https://www.exodus.io/. It’s very safe, easy to use, and free of charge.
It supports many altcoins as well as exchange functions within the wallet. Access to your funds is protected by fully encrypting your transaction and private keys. In this wallet, you do away with accounts, third-parties, and information sharing. It works in Windows, Mac, and Linux. It’s a good option for Dash users.
The wallet’s main feature is how easy it is to use. If you’re not an expert and you’re just getting started as a cryptonaut looking to perform your first cryptocurrency transfers, this could be the option for you. Of course, you’d need to master the necessary steps.
Exodus’ user interface is nothing short of beautiful, and it gives users all the information they need about their portfolio. It’s 100% free of charge, and you can download it at any time you wish. It supports, Dahs, of course, but also all of the crypto’s top currencies.
We’ve mentioned ShapeShift’s integration into other wallets several times in this article, so it bears saying that Exodus was the first one to include that service into its platform.
Digital technology changes very quickly, and so does the cryptoverse, and you can’t seize the power of crypto if you’re not updated.
Dash, however, has been around for several years already and it’s achieved full maturity, which translates into stability. In other words, this project is set, and while it will undoubtedly continue to be innovative, the fundamentals are hardly going to change in the next few months or years.
So how should you choose a wallet for your Dash? If you have a lot of Dash coins, security would be more vital for you so hardware wallets would be the best way to go. No, they’re not free, but they’re not that expensive either (especially Ledger Nano S), and they will give you peace of mind regarding your Dash and any other cryptocurrencies you may hold.
If you own smaller amounts of Dash and flexibility and convenience are your main priority, but you still want to have a reasonable degree of security, then mobile wallets could be the way to go. They’re very convenient. But then you’d have to very very careful not to lose or damage your phone.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.