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Bittrex Says Sayonara To Monero And Other Prominent Privacy Coins

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Bittrex made news earlier this week after it decided to suspend trading services for XRP. The crypto exchange is once again making news after it bid adieu to popular privacy coins. The cryptocurrency industry started out as a station free from any scrutiny from the government or any form of regulation. However, it seems like that’s all in the past now as regulations are getting more severe which has coerced several crypto exchanges to comply by the regulators. Bittrex seems to be getting on the good books of financial watchdogs with its latest act.

Bittrex Kicks Out XMR, ZEC As Well As DASH

Back in 2019, the FATF’s travel rule shook the crypto world. Prominent privacy coins like Monero [XMR], Zcash [ZEC] along Dash [DASH] was subject to immense unrest after the financial regulators categorized these assets as a medium for illicit activities. The hidden traction details posed as a huge drawback for these coins. While several exchanges were considering delisting privacy coins, irrespective of their popularity, Bittrex went ahead and announced the same.

In a recent tweet, Bittrex revealed that it intended to delist Monero, ZCash, and Dash on 15 January at 23:00 UTC. The tweet read,

The exchange’s blog post did not reveal the exact reason for the removal of these assets, it suggested that its regulatory standards, as well as compliance-related problems, could pave the way to the delisting of assets. On 15 January, all pairs that users were trading the aforementioned privacy coins would be nonexistent. The blog post further read,

“After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline.”

The crypto exchange affirmed that users could withdraw their tokens unless the exchange is subject to technical difficulties.

This announcement led to an array of downfall. Privacy coin Monero was seen dropping by over 17% at the time of writing, thanks to the Bittrex delisting news. At press time, the coin was priced at $136.80. DASH and Zcash were also following suit as these assets plummeted by 13.33% and 11.16% in the last 24-hours.

Dogecoin [DOGE] Pulls Away From the Rest of the Pack While others like Dash [DASH] Face an Uphill Bull Battle

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Several cryptocurrencies have seen a massive turnaround in fortunes over the last couple of weeks with holders expecting a silver lining at the end of the dark tunnel caused by the coronavirus. While major cryptocurrencies at the top like Bitcoin and Ethereum were still trying to get a foot in, it was the minor altcoins making bigger strides in the industry.

At the turn of the second week of July, Dogecoin, the Jackson Palmer founded cryptocurrency witnessed an unprecedented rise in value. This rise was part of an entire set of altcoins enjoying the bull ride at a time when the limelight was fully on Bitcoin.

Dogecoin

doge

Dogecoin was first created as a joke by Palmer which later took off because of the likeability of the ‘doge’ meme. Currently, Dogecoin ranks at number 33 on the cryptocurrency charts with a total available supply of 125.14 billion. This circulating supply makes it one of the largest circulating collections in the cryptoverse. At press time, Dogecoin was trading for $0.00276 with a total market cap of $346.512 million. A massive 18 percent increase in the past 24-hours was also the reason for the daily trade volume to spike to $201.95 million.

The Relative Strength Index for DOGE had spiked massively after the recent hike. Sticking close to the overbought zone is expected to do good for the cryptocurrency as it meant more people were buying into the Dogecoin ecosystem. The Chaikin Money Flow indicator followed a similar pattern to that of the RSI as the graph stayed well above the zero line.

Dash

dash

While Dogecoin may be enjoying green pastures, Dash was still struggling to get back on the horse. The 24th placed cryptocurrency was trading for $69.6 at the time of writing, a value that has remained almost constant throughout the year. Dash’s market cap clocked in at $667.24 million while the daily trading volume was at $257.193 million.

Dash had recently received some good news when the cryptocurrency became a part of the trade roster in Austria along with bigwigs like Bitcoin and Ethereum. This was probably the reason why the CMF had climbed to its highest in over a month. Dash’s relative strength index also climbed to positive territory as the cryptocurrency made waves in mainstream departments.

Thousands of ATM’s in Mexico will now have Dash Cryptocurrency

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The United States and Latin America combined have become great hot spots for cryptocurrency adoption. Out of this, Latin American countries have taken a bigger bite because of the relentless updates within the cryptocurrency industry.

Dash cryptocurrency, one of the major altcoins on the charts has been a very good friend of growing economies. After enjoying great runs in countries such as Venezuela and Colombia, Dash has now set its eyes on Mexico.

Dash coin will be added to over 11,000 ATMs in Mexico creating a massive influx of crypto interest. The addition comes in the wake of a partnership between Dash Pay and cryptocurrency firm Tauros. Tauros is a known crypto remittance organization in Mexico popular for its goal to make it easy for people to buy crypto.

With the latest addition, users of the ATM will be able to buy Dash with Mexican Peso. The Chief Executive Officer [CEO] of Dash Core Ryan Taylor stated that the ‘great partnership’ will pave way for more developments in the region. He added:

“[The Bitcoin ATMs] Infrastructure that can continue growing our Latam [Latin-America] remittances strategy going forward and help expand our use for payments in Mexico, even among the unbanked. This is another great partner for Dash.”

The cryptocurrency market has stayed strong in economies with flailing economies. That was the main reason why Dash and Bitcoin became superstars in countries such as Venezuela. Earlier studies had shown that merchants in Venezuela had begun accepting Dash coin as a mode of payment for basic necessities. This decision came in the midst of the country imposing its own state-backed cryptocurrency, the Sovereign Bolivar.

Reports have also predicted that Dash cryptocurrency may have over 1 million users in Venezuela by the end of 2020. Mark Mason spotted that from May 2019 to December 2019, there was a 562 percent increase in Dash wallet usage in Venezuela. The number of devices using the Dash wallet application had risen from 7,597 in May to 50,336 in December.

Experts spotted that citizens use cryptocurrencies because of a need for transitional currency. This was to counter the insane hyperinflation rate int he country, a figure that was touted to hit a million percent by the end of 2019.

Dash and Bitcoin have been openly praised by the citizens of oppressed countries for its decentralized nature. Dash cryptocurrency can take pride in the fact that it was giving financial power back to the people rather than the government. Officials claimed that the increase in use cases will also result in an increase in its price.

At press time, Dash was trading for $115.82 with a total market cap of $1.076 billion. The 16th ranked cryptocurrency had a 24-hour market volume of $1.137 billion after a 2.13 percent hike on the daily charts.

 

Breaking: Binance US Announces Listing of Dash Cryptocurrency

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On Tuesday, October 15, Crypto exchange Binance published a blog post, stating that the US branch of its trading platform is listing the Dash crypto token. Binance US’s Dash listing announcement might have influenced its trading value as the currency is briefly surging by 0.13 percent within the past 24Hrs.

Binance US Adds Dash Crypto Token

Although the exchange is accepting the deposit of Dash now, it said that the withdrawals would be enabled as soon as trading is live. As per the official announcement, DASH/USD trading will begin on October 15, 2019, at 9:00 pm EST /6:00 pm PST. The official announcement of the world’s biggest cryptocurrency exchange noted,

For ACH USD Deposits, you will be able to buy and sell digital assets from your USD wallet immediately, but deposited funds are placed under an initial hold of 10 days before you can take them out of Binance.US. USD Wires do not have this hold period.

DASH token is currently trading at over $71 against USD, with a brief surge of 0.13 percent within the past 24 Hrs. Capturing the eighteenth largest spot on the graph of Coinmarketcap, Dash counts the market capitalization of $648,318,960.

At the moment, the Binance US exchange is already the hub for fourteen leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Bitcoin cash (BCH), Litecoin (LTC), Binance Coin (BNB), Tether (USDT), Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM), Ox (ZRX), ChainLink (LINK) and Ravencoin (RVN).

These tokens are available with a pair of USD, USDT, and BTC. As announced earlier, the exchange is offering free trades until November 1, alongside a 15% referral bonus on every new signup for US-based crypto enthusiasts.

However, Binance US is still a new crypto trading platform in the crypto industry, but it is quickly gaining momentum as its international platform, Binance is already a home for worldwide crypto enthusiasts and cryptocurrencies. Specifically, the exchange isn’t operated by Binance itself instead of a San-Francisco based BAM Trading Service. More so, Binance has appointed Ripple’s executive, Catherine Coley, as the CEO of Binance US.

Disclaimer: The presented information is subjected to market conditions 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.

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Dash might receive a quick boost on Monday as Coinbase Pro decides launch

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The renown digital currency exchange, Coinbase Pro announced to list the top digital currency, Dash on Septemeber 16, upcoming Monday. The currency which is currently valued at $92.23 might get a quick boost in its price once it added to Coinbase Pro.

Coinbase Pro Adding Dash

The announcement revealed on Sept.12 states that the exchange is accepting Dash in supported jurisdictions, except for NY state and the UK. The exchange has said that it will accept deposit ahead of trading – as such, users can proceed to deposit on Monday which will remain active for at least 12 hours and trading will then begin on Sept.17 on or after 9 am PST if liquidity conditions are met. The exchange writes that;

“Once sufficient supply of DASH is established on the platform, trading on the DASH/USD, and DASH/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.”

Although Coinbase has over 30 million users, the addition of Dash cryptocurrency will catch the attention of a new audience. On the other side, Dash is currently ranked as 16th largest cryptocurrency, covering the total market cap of $833,591,474. At the press time, Dash experienced a quick surge of 4.73 percent within the past 24 Hrs and trading at the value $92.23 against USD.

However, it’s worth noting that the DASH will be initially available across Coinbase’s supported jurisdictions. Accordingly, users from New York and the United Kingdom aren’t allowed for trading. Other Jurisdictions may be added soon, the exchange said. Moreover, it also revealed that the trading would be available in DASH/USD and DASH/BTC pairs.

But not on Coinbase.com

Dash crypto emerged back in 2014 – henceforth considered as the oldest digital asset in the history of the crypto industry. Despite its existence since 2014, the Dash has been caught with apathetic comments due to its anonymous feature – quite often, crypto twitter compares it with Monero and Zcash citing its anonymity. This is one of the primary reasons why many exchanges step back to list Dash.

Dash’s listing on Coinbase pro doesn’t mean that the coin will be available on Coinbase.com or its consumer mobile apps. However, the blog further reads that they will be a separate announcement if the exchange decides to launch Dash on Coinbase.com.

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.

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Dash price forecast: Bears are back for DASH

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Key Highlights

  • DASH price has broken below the $100 critical support level
  • The coin faces resistance at the $90 and $92 price levels
  • The market forms a bearish pattern at the critical demand zone of $100

 DASH Current Statistics

The current price: $92

Market Capitalization: $833,555,806

Trading Volume: $129,417,509

Major supply zones: $120, $140, $160

Major demand zones: $80, $60, $40

  DASH Price Analysis August 17, 2019

The price of DASH had been trading below the $180 price level in May and June before the bear’s dominance. On June 25, the bulls reached a high of $180 price level but were subsequently resisted by the bears. The market fell to the $160 price level and consolidated for a while before the bears had the upper hand.

The market fell to its previous low at the $100 price level to form a bearish pennant. Today, the bears have broken the lower line of the bearish pennant and price is presently falling but facing resistance at the support of $92 demand zone. If the $92 demand zone is broken, the crypto’s price will find support at the $80 price level.

DASHUSD-Daily Chart

Chart Indicators Reading

The MACD line and the signal line are below the zero line, which indicates that the price of DASH is bearish. The price is likely to continue its fall. The bears also broke the lower line of the bearish pennant, which indicates that price is to maintain its downward fall. The crypto’s price is below the exponential moving average, which suggests that price may likely fall.

General Outlook for DASH

The price of DASH is likely to continue its fall after successfully breaking the pennant on August 14. The crypto’s price continues its fall up till the third day. On the downside, the bears are currently facing resistance at the $92 demand zone; if the bears break that level, the market may reach the low of $80 price level. Nevertheless, the bear’s dominance may continue if the market finds support the $80 demand zone.

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.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Crypto price analysis: Bitcoin, Ripple, Litecoin, Tron, Dash, and more today

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It’s been an exciting couple of weeks for the cryptosphere. And last seven days Do you know the Japanese saying “may you live in interesting times”? Well, it’s meant as a curse. But the only way to survive some interesting times (as the current crypto market) is to keep updated with the relevant news so you’ll be ready to take advantage of excellent opportunities when they come along. In that spirit, here’s the latest price analysis for ten different digital assets.

Bitcoin (BTC/USD)

Support levels are supposed to mark the bottom of a fall. But waterfall declines don’t care about that, so you never know when the fall stops. The reactions are very short-lived (no more than three days). Bitcoin tried to recover and stay above $12,000 mark, and it failed at $11,799.74. And now as we write this, BTC keeps going down and might fall till $11,500 as the day ends. RSI is rooted in the oversold zone, and the moving averages are also on a downtrend. The market belongs to the bear. But, nevertheless, bulls seem to be fighting hard.

The first support level is $11,500, then $11,000, and then $ 10,500. A recovery, if we should see one anytime soon will face some serious resistance at $12,000 now.

While buying cheap is always the idea, the most prudent move would be to wait until the low level becomes stable, and not to buy during a free fall.

Ripple’s XRP (XRP/USD)

Not too long ago, XRP was outperforming everybody. That has changed now. It’s still going down and broken the uptrend line down, so it’s not free of the bear’s hug. But it remains entirely above its lows, unlike most other coins.

Technical parameters indicate that supply is outpacing demand.

The current support level is $0.37185, and then $0.34913. The XRP/USD pair could consolidate if the price scales above the uptrend line and the moving averages go flat. The outlook is neutral as we write, but it’s better to stay away for now.

Ethereum (ETH/USD)

Ethereum can’t find buyers anymore for a while. It got stalled at $300 level after significant rise recently, which points to lack of buying support.

Sellers are trying to bring the price down all the way to the next support level ($270). It will likely pull back as it reaches the support level (that’s the point of a support level). But even in that context, it would be too hopeful to start an ETH trade because of that. Wait for a new setup before seriously considering a trade.

The critical resistance level (which is really unlikely to be reached right now) is at $288.32. This bit of info is actually useless right now when it’s going stiffly down, but we give it to you for completeness.

Stellar Lumens (XLM/USD)

Stellar (XLM) is near a critical level of $0.101045. If the bears break it, it will go down, and it could reach $0.1547188 (as in last March 18th) or of $0.138565 (as in last December 22nd)

But the bulls could break the critical level upwards, in which case it could go up, moderately.

For Stellar Lumens (XLM), as with many other coins in the current mayhem, it’s better to wait for a better setup before deciding on a trade.

EOS

EOS broke its critical support level at $8.8723. Yet, it hasn’t plummeted, but it hasn’t rebounded either. So there seems to be enough support at lower levels. The RSI also suggests a recovery attempt is in the works.

If the bulls can overcome the $6.8723, then a move above $8.493 is possible. It will be a milestone as the 20-day EMA is the same. But if the pair doesn’t go over the current level, it could go down all the way to $5.00. There are no signs of an imminent bull run, so it’s not a good time to get in.

Litecoin (LTC/USD)

Buyers have held Litecoin’s support level fast at $119 for three days in a row, but have failed to make it go up that much.

The RSI is oversold, however, so a pullback is likely. Resistance will come at the $123–$126.49 zone as prices rise. But, the bears can still carry the day, and then the support zone would be $117–$115.653, and Litecoin could fall as far as $110.00.

Cardano’s ADA (ADA/USD)

Cardano attempted a pullback, but it could not get over the ten-cent level, and now the price is back at a support level of $0.086. If it breaks out downwards of the support level, it could go down to the next support level at $0.080354.

But if the bulls have the day, it will keep trying to go over $0.09. If it does it could reach $0.093105 and then it will find resistance there, because it was a previous support level. The 20-day EMA is close to that level too, so that will add to the resistance.

Monero (XMR/USD)

The bulls went for Monero recently, too. But they got stuck at $98. As a result, the price went down yet again.

The current danger for Monero is that it could go lower than $90. If that happens, then it could go further down to $81.

If this digital asset can find buyers at the current levels, then we will see a new attempt to break the $99 level. If the bulls succeed and cross the current critical level, then the pullback could keep on going to the next resistance level, which is at $105.

Tron’s Tronix (TRX/USD)

Tronix was at a weird level. It was a previous support level turned into a resistance level at $0.03158. It was stuck there for some time. The good news is that the bulls managed to hold prices above the low level of $0.3022194.

The chances are that the bulls will attack again and try to take Tronix above $0.03587681 and then keep going until they reach the next resistance level at $0.0393.

While we don’t expect Tronix to go under $0.0300194, it could happen. Then, it’s not unthinkable that it will go down to the next support level at $0.02744479.

Dash (DASH/USD)

Dash is still trading around the descending channel’s support level, which comes to show that sellers have the market for the time being. Any breakdown in the channel will be a bad thing and will push DASH downwards to the next support level ($160).

If support holds, the bulls will attack again and try to bring the token back to $170 and beyond, all the way to the overhead $187.68 resistance level. This could be a good coin to take long positions, but only if and when a trend reversal becomes evident.

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.

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The Dash Investment Foundation seeks to disrupt the Dash cryptocurrency market

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Dash is the fourteenth cryptocurrency by market capitalization, with a total value of USD 1.33 billion. The maximum supply of Dash tokens, by design, is of 18,9 million. Of those, 8.822 million are currently circulating. So there’s not a very high number of coins going around, which means that inflationary pressures on Dash shouldn’t be too intense. And now, the Dash Core foundation wants to create additional deflationary pressure (increasing the price by lowering the offer) by creating the Dash Investment Foundation. Here are the details.

The project was proposed by Ryan Taylor, who serves as CEO for the Dash Core Group. Once the ball started to roll, the group’s legal and financial team started to do the work, and they chose the Cayman Islands as the place to go. The reason behind this decision has to do with the broad selection of legal options that the Caribbean island offers to foreign investors. More concretely, there a legal category called “foundation company limited by guarantee,” which fits Dash’s wishes perfectly.

The new investment fund will be the first investment fund in history that will have no members and no owners at all. Instead, it will be administered by four supervisors elected democratically by the network’s masternodes. And the partners will be all Dash users though indirectly. The objective is to use the foundation’s investments to increase the value of owning the Dash cryptocurrency for every holder in the world.

How can that work? The new investment fund will use its money to create profits, as any fund does (or intends). Then, those profits will be used to develop deflationary pressure on Dash in two different ways:

  1. The fund will use the profits to buy Dash tokens in the open market, thus increasing demand and trading volume. Both things tend to push an asset’s price up.
  2. The tokens acquired with the profits will be burned so that they will stay out of circulation permanently. This also pushes the price up because it creates scarcity in the market.

So, the investment fund is ownerless and memberless because it will positively affect every user who owns Dash in any quantity. In a very indirect sense, every Dash holder is a partner in the new organization.

When will the fund start doing business? Two things are still missing. First, the fund’s supervisors must be elected. Then, the fund’s constitution must be finished. Once both issues are solved, it’s all good to go.

Dash’s idea is indeed quite exciting. It’s going to use a cryptocurrency in the fiat markets to create profits that it can later use to support its own cryptocurrency’s value. This idea needs depth of vision and a very subtle mind that knows the economics behind monetary policy and market dynamics very well.

The fundamentals of the Dash project are substantial. So it’s always been a mere matter of time for the coin to pick up in terms of market performance. But now Dash Core will attack the problem of the Dash price from two fronts at the same time. At the fundamental level by keeping up the project’s development and at the technical market front as well by pushing for deflation.

If the new investment fund works out, we could see a stream of crypto-based investment funds.

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.

The best Dash wallets (Android, iOS, hardware and software) 2019

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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.

Dash Core

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.
  • Open-sourced.

If Dash is your go-to cryptocurrency, this is the wallet you need.

Coinomi

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.

Jaxx Liberty

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

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.

Exodus

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.

Guarda

Guarda wallet was created to provide users with a better experience in the cryptocurrency industry. The wallet supports over 45 chains and over 10,000 tokens. The wallet has reiterated its focus on a multi-platform approach and has web, desktop, Google Chrome and mobile devices versions available

Guarda also offers the multi-signature facility, staking, and support for privacy-oriented coins such as Monero and ZCash.Using Guarda, people will have the first-hand experience with an in-built exchange service as well as a lowered exchange amount for some cryptocurrencies trading pairs.

Guarda, which already supports Tron based tokens, also allows users to buy Tron coins using an inbuilt purchase service.

Conclusions

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.