Dash (DASH) is an open-source digital currency that enables quick, easy and cost-effective payments worldwide. The network aims to offer financial autonomy to its users and facilitate payments through cryptocurrency with speed and privacy. Users can instantly transfer DASH globally and spend DASH through various retailers and services.
Dash is also a decentralized autonomous organization (DAO) run by masternode operators from the Dash user community. Masternodes play a regulatory role in the network by securing and validating transactions on the blockchain. This second layer of support verifies the authenticity of funds and reduces transaction time. When handling governance proposals, masternodes will vote until a consensus is reached. As of November 2022, there are over 3,700 masternodes in Dash’s network.
The market cap of DASH now stands at about $380 million, with over 10 million DASH tokens in circulation (as of mid-November 2022). DASH’s all-time high (ATH) price peaked at $1,493 in December 2017 and is now trading at about $34.57 (as of mid-November 2022).
Dash (DASH) is available on the Matrixport app; alongside other blue-chip cryptocurrencies like Bitcoin (BTC), Ether (ETH), Solana (SOL), Stablecoins (USDT & USDC), and many more. Users can swap, auto-invest, deposit, withdraw and transfer DASH on the app.
About Matrixport
Matrixport is one of the world’s largest and most trusted digital assets ecosystem providing one-stop crypto financial services to meet the emerging needs of generating long term wealth in digital assets. It forges strategic collaborations with early stage Web3 innovators, helping them build, grow and scale and the company’s services include Cactus Custody™, spot OTC, fixed income, structured products (including Dual Currency), lending as well as asset management.
With USD4B in actively managed digital assets, Matrixport achieved pre-money unicorn valuation in 2021 and was named by CB Insights as the 50 most promising blockchain companies in the world in 2022. Its digital prime brokerage business, Matrixport Institutional, serves 500+ institutions across the US, Europe and Asia, offering best-in-class access, leverage, capital Introduction and custody services.
Headquartered in Singapore, the company holds a Hong Kong Trust Company License and a Swiss FINMA SRO-VQF Membership. For more information, visit www.matrixport.com.
About Dash (DASH)
Launched in 2014, DASH is an open-source cryptocurrency forked from the Bitcoin protocol. Transactions made on the Dash network are secured by Proof of Work (PoW) mining. Based on a decentralized peer-to-peer network, Dash focuses on providing a secure and user-friendly payment method for users globally and spreading real-world use cases of cryptocurrency.