Dash Brokers - Deposit Method

What Is Dash?

Dash, like bitcoin, is an open source peer-to-peer cryptocurrency running on a decentralized blockchain network. However, Dash differs from bitcoin as being a more user friendly and scalable cryptocurrency. The cryptocurrency offers its users instant and private transactions while being very safe and secure to use. More and more online trading brokerages, online businesses and brick and mortar businesses are accepting dash as a viable digital currency.

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How To Use Dash For Deposits

Depositing funds into an online brokers account has never been easier or faster than with dash. This new revolutionary payment system is definitely one to consider.

While there are a few methods of payment with Dash, for the purpose of depositing funds into an online brokerage account, a trader will probably use the virtual visa account offered by Singtel.

To learn how to deposit funds using Dash via this method, check out the steps below.

  • First, you must log into your online trading account and navigate towards the deposit section of your account.
  • Select Dash from the deposit methods available and enter in the amount in which you would like to deposit into your trading account.
  • Once the deposit amount is confirmed and submitted, you will be prompted to enter in your Dash virtual visa account details including your 16 digit number, expiry date, and security number.
  • To access the information mentioned in the step above you will need to login to your dash account.
  • Once everything is entered in, click submit, and you will receive a prompt via your dash account to confirm the payment by entering in a one-time pin.

It’s that easy, and within seconds of completing the steps above, your online trading account will receive the funds allowing you to begin trading.

Benefits Of Using Dash For Deposits

There are many benefits to using Dash, and it continues to improve throughout time as it strives to be the best and most user-friendly cryptocurrency available.

Private Payments – When using Dash for depositing funds into your trading account, you are not required to submit any documentation, verification or release any personal financial data. Nobody can track your payments or balance except for you.

Instant Deposit Speeds – Dash harnesses powerful and innovative technology called InstantX. This technology allows for the irreversible transfer of funds within 4 seconds. It is among the fastest deposit methods available, and has only been around for 3 years now.

Secure Payments – Dash deposits are among the safest and most secure methods of payment available today. The currency utilizes advanced encryption and a trustless protocol for complete security of payments. As well traders stay completely anonymous which adds to the security as well.

Global Acceptance – While Dash isn’t a widely accepted method of payment among brokers, it is accepted around the world and offers the same instant execution from anywhere.

Low Fees – Dash has considerably lower fees than many other forms of payments. It only costs a few cents to send money across the world in an instant. With that price and speed, it’s hard to beat.

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7
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6.5
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