How to buy DASH coins on mobile phones? Nanny-level entry guide to buying DASH coins on exchange APP

To buy Dash coins on your mobile, select a reliable exchange app, verify your identity, fund your account, find the DASH trading pair, place a buy order, confirm your transaction, and store your Dash coins securely in a personal wallet.

Oct 03, 2024 at 06:00 am

How to Buy Dash Coins on Your Mobile Phone: A Step-by-Step Guide for Beginners

Dash, a popular cryptocurrency known for its privacy-enhancing features and fast transaction speeds, can be purchased on various mobile apps. Below is a detailed guide to help you buy Dash coins on your mobile phone using an exchange app:

1. Choose a Reputable Exchange App:

Begin by selecting a reliable crypto exchange app that supports Dash trading. Some recommended options include Binance, Coinbase, and Kraken.

2. Create an Account and Verify Your Identity:

Download the selected exchange app and create an account by providing your personal information. To enhance security, complete the identity verification process by submitting government-issued identification documents.

3. Fund Your Account:

Before purchasing Dash coins, deposit funds into your exchange account. Most apps offer multiple payment methods, such as bank transfers, credit/debit cards, and digital wallets.

4. Find the DASH/USD or DASH/USDT Trading Pair:

Locate the trading pair that represents Dash against the US Dollar (DASH/USD) or Tether (DASH/USDT). You can find these pairs in the exchange's market section.

5. Place a Buy Order:

To buy Dash coins, tap on the "Buy" button for the DASH/USD or DASH/USDT trading pair. Enter the desired amount of Dash you want to purchase and set the order type. Market orders fill instantly at the current market price, while limit orders allow you to specify the price at which you want to buy.

6. Preview and Confirm Transaction:

Review the order details, including the amount, price, and fees. Once satisfied, confirm the transaction by selecting "Buy DASH."

7. Store Your Dash Coins:

After the transaction is complete, your purchased Dash coins will be deposited into your exchange wallet. However, for enhanced security, it's recommended to transfer the Dash coins to a personal hardware or software wallet for safer storage.