Dash-logo

Buy Dash DASH

Buying Dash on Europe’s leading retail broker for buying and selling digital assets is easy, fast and secure.

Crypto-assets are highly volatile. You could sustain a loss of some or all of your investment, so it is important to invest only what you can afford to lose. For a detailed overview of the risks, please review the Risk Disclosure.

Crypto-assets are highly volatile. You could sustain a loss of some or all of your investment, so it is important to invest only what you can afford to lose. For a detailed overview of the risks, please review the Risk Disclosure.

About Dash (DASH)

DASH is based on Bitcoin, but offers some additional second layer improvements. Transactions are almost instantly confirmed by the Masternodes network, which incentivises its operators. This is an important difference to Bitcoin’s network, where confirmations can take longer, because all the work is done by the miners. Other than Bitcoin or Ethereum, DASH transactions are not pseudonymous, but – thanks to the PrivateSend-feature – fully anonymous.

Explore related cryptocurrencies

How to buy Dash easily, quickly and securely

  • 1. Sign up to Bitpanda

    Sign up to create your free Bitpanda account.

  • 2. Verify

    Verify your identity with one of our trusted verification partners.

  • 3. Deposit

    Deposit your funds securely through our supported options.

  • 4. Start buying Dash

    You’re all set! Start buying Dash and over 3,000 other digital assets.

  • ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.

    NameBitpanda Asset Management GmbH, Bitpanda GmbH
    Relevant legal entity identifier9845005X9B7N610K0093, 5493007WZ7IFULIL8G21
    Name of the crypto-assetDash
    Consensus MechanismDash is present on the following networks: tron, dash. The Tron blockchain operates on a Delegated Proof of Stake (DPoS) consensus mechanism, designed to improve scalability, transaction speed, and energy efficiency. Here's a breakdown of how it works: 1. Delegated Proof of Stake (DPoS): Tron uses DPoS, where token holders vote for a group of delegates known as Super Representatives (SRs)who are responsible for validating transactions and producing new blocks on the network. Token holders can vote for SRs based on their stake in the Tron network, and the top 27 SRs (or more, depending on the protocol version) are selected to participate in the block production process. SRs take turns producing blocks, which are added to the blockchain. This is done on a rotational basis to ensure decentralization and prevent control by a small group of validators. 2. Block Production: The Super Representatives generate new blocks and confirm transactions. The Tron blockchain achieves block finality quickly, with block production occurring every 3 seconds, making it highly efficient and capable of processing thousands of transactions per second. 3. Voting and Governance: Tron’s DPoS system also allows token holders to vote on important network decisions, such as protocol upgrades and changes to the system’s parameters. Voting power is proportional to the amount of TRX (Tron’s native token) that a user holds and chooses to stake. This provides a governance system where the community can actively participate in decision-making. 4. Super Representatives: The Super Representatives play a crucial role in maintaining the security and stability of the Tron blockchain. They are responsible for validating transactions, proposing new blocks, and ensuring the overall functionality of the network. Super Representatives are incentivized with block rewards (newly minted TRX tokens) and transaction feesfor their work. Dash combines Proof of Work (PoW) for block production with a masternode network, which adds enhanced services and governance. This hybrid approach enables Dash to offer both secure transaction validation and additional features like fast payments. Core Components: 1. Proof of Work (PoW) with X11 Algorithm: Block Production: Miners use the X11 algorithm to solve cryptographic puzzles, with the first to solve adding the next block and receiving a block reward. 2. Masternode Network – Proof of Service (PoSe): Collateral Requirement: Operating a masternode requires locking 1,000 DASH, which acts as collateral to secure services provided by the node. Network Services: Masternodes support features such as InstantSend for rapid payments, PrivateSend for enhanced privacy, and governance.
    Incentive Mechanisms and Applicable FeesDash is present on the following networks: tron, dash. The Tron blockchain uses a Delegated Proof of Stake (DPoS) consensus mechanism to secure its network and incentivize participation. Here's how the incentive mechanism and applicable fees work: Incentive Mechanism: 1. Super Representatives (SRs) Rewards: Block Rewards: Super Representatives (SRs), who are elected by TRX holders, are rewarded for producing blocks. Each block they produce comes with a block reward in the form of TRX tokens. Transaction Fees: In addition to block rewards, SRs receive transaction fees for validating transactions and including them in blocks. This ensures they are incentivized to process transactions efficiently. 2. Voting and Delegation: TRX Staking: TRX holders can stake their tokens and vote for Super Representatives (SRs). When TRX holders vote, they delegate their voting power to SRs, which allows SRs to earn rewards in the form of newly minted TRX tokens. Delegator Rewards: Token holders who delegate their votes to an SR can also receive a share of the rewards. This means delegators share in the block rewards and transaction fees that the SR earns. Incentivizing Participation: The more tokens a user stakes, the more voting power they have, which encourages participation in governance and network security. 3. Incentive for SRs: SRs are also incentivized to maintain the health and performance of the network. Their reputation and continued election depend on their ability to produce blocks consistently and efficiently process transactions. Applicable Fees: 1. Transaction Fees: Fee Calculation: Users must pay transaction fees to have their transactions processed. The transaction fee varies based on the complexity of the transaction and the network's current demand. This is paid in TRX tokens. Transaction Fee Distribution: Transaction fees are distributed to Super Representatives (SRs), giving them an ongoing income to maintain and support the network. 2. Storage Fees: Tron charges storage fees for data storage on the blockchain. This includes storing smart contracts, tokens, and other data on the network. Users are required to pay these fees in TRX tokens to store data. 3. Energy and Bandwidth: Energy: Tron uses a resource model that allows users to access network resources like bandwidth and energy through staking. Users who stake their TRX tokens receive "energy," which is required to execute transactions and interact with smart contracts. Bandwidth: Each user is allocated a certain amount of bandwidth based on their TRX holdings. If users exceed their allotted bandwidth, they can pay for additional bandwidth in TRX tokens. Dash rewards both miners and masternode operators to maintain network security and provide services, while also supporting community initiatives through a treasury fund. Incentive Mechanisms: 1. Block Reward Distribution: Miners: Receive 45% of each block reward for securing the network via PoW. Masternodes: Earn 45% of each block reward, incentivizing them to operate and support network services. Treasury Fund: 10% of each block reward is allocated to the Dash treasury, funding projects approved by the Dash DAO. 2. Masternode Staking and Rewards: Passive Income for Operators: By locking 1,000 DASH, masternode operators earn rewards for providing network services and participating in governance. Applicable Fees: 1. Transaction Fees: Standard Transactions: Users pay a small fee in DASH, making it suitable for daily transactions due to its low-cost structure. InstantSend Transactions: Available for a slightly higher fee, these transactions are processed immediately by masternodes for added security.
    Beginning of the period2024-01-30
    End of the period2025-01-30
    Energy consumption90680915.66682 (kWh/a)
    Energy consumption resources and methodologiesThe energy consumption of this asset is aggregated across multiple components: For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. To determine the energy consumption of a token, the energy consumption of the network(s) tron is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
    Renewable energy consumption15.116111396 (%)
    Energy intensity0.00276 (kWh)
    Scope 1 DLT GHG emissions - Controlled0.00000 (tCO2e/a)
    Scope 2 DLT GHG emissions - Purchased280.53456 (tCO2e/a)
    GHG intensity0.00114 (kgCO2e)
    Key energy sources and methodologiesTo determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
    Key GHG sources and methodologiesTo determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.

Personalize your experience

Cookies help us to optimize our services and your experience. We use the information as part of our EU-wide activities. Cookie policy