Introduction to the total issuance of DASH coin and the online exchanges

With a total issuance of 18,900,000 DASH coins, over 90% are allocated to masternode operators participating in the network's governance.

Sep 30, 2024 at 06:05 pm

Understanding DASH Coin's Issuance and Exchange Options

1. Total Issuance of DASH Coin

• DASH has a limited total supply of 18,900,000 coins, established at its genesis block on January 18, 2014.

2. Mining Allocation

• 90% of newly mined DASH coins are allocated to masternode operators who facilitate the network's governance and privacy features.
• 10% is distributed to miners who secure the network.

3. Inflation Schedule

• DASH has a decreasing inflation rate, which is adjusted annually based on coin emission.
• The current inflation rate is approximately 2.6% per year, and it will gradually decline over time until it reaches a steady state of approximately 2.4% in 2028.

4. Online Exchanges Supporting DASH Coin

DASH is a widely traded cryptocurrency available on numerous online exchanges. Some of the major exchanges include:

• Binance
• Coinbase
• FTX
• Kraken
• Huobi Global

5. Trading Pairs and Liquidity

• DASH is typically traded against major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as against fiat currencies like the US dollar (USD) and the euro (EUR).
• Liquidity for DASH is generally high, ensuring that traders can easily buy and sell the coin.

Additional Information:

• DASH was initially known as "Darkcoin" but was rebranded to DASH in 2015.
• DASH places great emphasis on privacy and anonymity, using features like PrivateSend and InstantSend to enhance user privacy.
• The DASH network is decentralized and self-governed by a community of masternode operators.