Dash is a cryptocurrency that was
born in 2014
out of a
fork from Litecoin, which in itself was a fork from Bitcoin. Originally calling itself Xcoin, and then DarkCoin, the cryptocurrency eventually settled on Dash in 2015. Beyond the obvious
reference to speed, which is one of its stand out features, the name is an
acronym for "Digital Cash".
Since Dash has its
roots in Litecoin and Bitcoin, it shares many similarities with these coins but
also has differences
to distinguish itself as a separate cryptocurrency.
Evan Duffield, the founder
to Dash, has a clear aim: the goal of Dash is not to re-invent the wheel, but rather to
improve on previous coins
to make cryptocurrency more widely accessible and to eventually
become the coin of choice
for everyday purchases.
With
lower fees
and
faster transaction times, Dash is gaining traction in the market. Although
still not as common
as BTC and ETH, more and more online casinos are accepting Dash as a payment method. This Dash guide will go into some of the details.
On the
Dash.org website, there is a list of businesses that accept Dash.
Featured prominently
on that list is the
crypto casino, Cloudbet. This cryptocurrency clearly understands the needs for online gambling.
Dash is growing steadily in popularity, so while the current list of Dash casinos may not be very long, there are certainly
enough good casinos that take Dash
as a payment method. And with market trends, we think that more crypto gambling sites will be adding Dash to their banking in the near future.
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⏱The brands and bonuses above were last updated on 15. September, 2023. We test and check casinos regularly to provide up-to-date information. However, there may still be instances where there may be differences between a casino's newest offering and the listing on this site.
What is Dash coin?
As a fork off from a fork of Bitcoin, the structural design of Dash shares many similarities with BTC. To begin with, it runs on a
Proof of Work concept, which means that you can
buy Dash as well as mine
it.
Mining on the other hand is known to be an energy guzzler. To
reduce energy consumption, Dash has implemented what is called the
X11 hashing algorithm, which is a proprietary algorithm specifically designed for the purpose.
Other Dash features include
Instantsend, which allows for significantly
faster transaction times
because users can proceed with a Dash transaction before transactions are confirmed on the blockchain. Additionally, there is
enhanced privacy
with
Privatesend, which lets users perform transactions that cannot be traced back to their identity.
The Dash Wallet app
Another distinguishing feature with Dash is that it has it's
own wallet app. With a vision to become a payment method for everyday use, Dash has a mobile app that allows you to
make payments easily
in daily life, down to something as basic as buying a coffee. The Dash
app is free
and can be found on the App store and Google play.
You have the option to
buy Dash coins
through the app rather than through a
crypto exchange. The Dash app works with two independent service providers, Liquid and Uphold, so that users can buy Dash tokens directly from the app. Liquid and Uphold have also supported the
Moonpay gateway
at many
crypto casinos, allowing players to buy crypto directly from the site. Essentially, from a consumer perspective, Dash
functions like a mobile wallet.
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Download and install
the Dash app. It's available for iOS and Android. Several different Dash web wallets are
available for desktop use
- go to Dash.org to see the full list.
Register
with your email or phone number. Some make it even quicker with the option to sign up through your Google or Facebook account.
Choose your
password and PIN.
Set up phrase words
for further security.
Like with most banking apps, you will have to
enter your PIN every time you open the Dash app.
Quick transactions
can be performed by
entering the phrase words. If you want to use Dash at a crypto casino, use the app to
scan the QR code
displayed by the casino. We go into the details next.
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Choose a crypto casino
that banks with Dash.
Sign up.
When logged in, go to the
casino's cashier
and choose Deposit
Select Dash
as your payment method
A
QR code
will appear.
Scan it
with your Dash wallet app
Enter how much
you would like to deposit
Confirm
the transaction
Signing up for a crypto casino account takes only a
couple of minutes
and is always free. Most sites have the
cashier menu
located in the top menu, and when you select Deposit, all the
payment methods
that the casino accepts will typically appear as a drop down menu. Some sites will have you
enter the deposit amount
before you see the QR code, others will ask you to enter it through your Dash wallet app.
If you prefer to use the
web wallet
and not to use your phone app to scan the QR code, there will be a
Dash address generated
below the QR code that you can just
copy and paste
into your wallet.
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Dash itself is a
perfectly secure cryptocurrency. Security concerns should mostly be focused on the casino you choose to gamble at. When it comes to choosing a casino,
look for its gambling license
as well as see what
responsible gambling tools
it has in place. For example, affiliation with Gamcare, an independent organization in the UK providing
support for problem gambling, is always a good sign. It means that you're looking at a
responsible casino operator.
Many crypto casinos are
no limit casinos, or at least very close. With the thrill of things, it's good to have the tools for you to
set your own limits
so you don't go over your planned budget. Usually you can set deposit limits and loss limits.
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When it comes to crypto gambling, it's always a good idea to make sure you have some
coins in your wallet
before you need them. You
can easily buy
Dash tokens at
crypto exchanges, which display the most up to date prices for Dash and other cryptocurrencies.
As already mentioned, what's unique about Dash is that there is a
Dash wallet through which you can buy Dash coins directly. Some casinos, such as
Fairspin
also have a
third party gateway
like Moonpay and Localbitcoins.com through which you can buy crypto.
You will enjoy all the benefits of crypto gambling with Dash. Cryptocurrencies are especially prized by gamblers for their banking speed and
high limits
compared to traditional payment methods. Dash in particular, is known for exceptionally
fast transaction speed
and
low fees. It is also a cryptocurrency that
can be mined, meaning that if you have the resources, you can earn Dash by mining.
Pros to Dash coin:
1 second transaction speed
Low network fees
Very energy efficient
Widely available
Supported by all crypto wallets
Direct payments possible
Mobile wallet for daily use
No deposit or withdrawal limits
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When it comes to Dash disadvantages, you're looking at some of the typical issues with cryptocurrencies in general, and that is
price volatility. The crypto market can go through big up and downs very quickly, so you have to be careful when you buy and sell. From an investment perspective, while Dash certainly has the potential to rise in value, experts in the crypto asset space are
not expecting a dramatic explosion in value
for smaller altcoins as with Bitcoin a few years ago.
As for Dash gambling specifically, the main drawback is that
not all casinos accept the coin
for now. Compared to Bitcoin, Litecoin and Ethereum, there are relatively few sites to choose from.
In short,
keep these things in mind with Dash:
Not many casinos accept Dash
As an investment, it is unlikely to soar dramatically
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With so many altcoins out there, and being a fork from Litecoin and BTC, what makes Dash unique is that it is
designed for speed and energy efficiency
to lead to
lower network transaction costs. This is part of the developers' vision to make Dash a viable cryptocurrency for smaller transactions in daily use.
Technically, Dash has
these distinct specificities:
X11 hashing algorithm to reduce energy costs
Masternode servers to complete transfers before confirmations
Masternode servers allow non-traceable transactions for anonymity
Transparency
is part of the
Dash ethic. The website openly lists its
entire development team, along with CEO Patrick Quinn, CFO Glenn Austin and CTO Samuel Westrich.
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Crypto gambling is popular for so-called
no limit gambling, which is
good for high rollers. However, for those on a more limited budget, crypto gambling often has a drawback in that the
minimum deposit can be a bit high
because it needs to cover the costs of the network transaction fees.
These problems are much
less of a problem with Dash
because it was
designed for small transactions
in mind. Of course, when it comes to the max limit, the
sky is the limit. That means even when you score a massive jackpot win, you are not restricted to the usual withdrawal limits from traditional payment methods. Dash is a really
budget flexible coin
in this way.
To give you an idea of how close to limitless gambling with Dash is take a look at Fairspin Casino where
min deposit with Dash is just 2 cents. Cloudbet has a minimum of 0.0001 DASH for both deposits and withdrawals, while Fortunejack Casino has no limits at all.
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If the casino accepts Dash, you can use the coin for everything you see on the site.
There are no restrictions. Some of the
casino games you can play with Dash
include:
If the site has
sportsbetting options
like
Cloudbet
or
22Bet, you can
also use Dash
to place your bet.
Most crypto casinos have an added feature that
displays your bet size
and
balance in USD, Euros or another fiat currency of your choice. This way, you
don't have to do the math
with the exchange prices all the time. It's also useful if you have multiple cryptocurrencies in your account that all have different exchange rates.
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With
close to no limits
on both the min and max ends, Dash can be a
very good choice
for crypto gambling. If you want to get into gambling with Dash,
we have these tips for you:
Buy Dash ahead of time at a crypto exchange.
Track the price of Dash to buy when price is low.
Claim the casino welcome bonus with Dash when available
Although casinos do let you buy Dash and other coins with Moonpay directly from their site, if you want to gamble in crypto in the long term,
it's always best to buy ahead of time
elsewhere so you can get in when the price is right.
"While not many gambling sites accept Dash for now, we do think it will become more popular. That's because the speed and low transaction fees make Dash a much more efficient and accessible coin, helping save money in the long term."
Vienne Garcia
- Online Casino Expert
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The fact remains that at this very moment,
not many crypto casinos accept Dash. And even though this coin has many advantages, it might not be the best coin to hold if you want to have access to a multitude of casinos at this very moment. If this applies to you, then
consider these alternatives, which are widely accepted in the online casino landscape.
Bitcoin and Ethereum are the most well-known, but the
prices can be high. If you're watching your budget, then
Litecoin is a good entry coin. The others like Tron and Ripple are popular but not as nearly widely accepted.
Yes, you can get a casino bonus
when using Dash. Most crypto bonuses will be
listed in BTC, that is Bitcoin, but will typically work for other cryptocurrencies as well, Dash included. The exact bonus
will vary with each casino. For example, at
Fairspin, it is a
welcome package
covering your first 4 deposits. Meanwhile,
Cloudbet
has a
100% bonus up to 5 Dash. If you are a high roller, do note that if you are using Bitcoin at Cloudbet, then it's up to 5 BTC, which is significantly more than 5 Dash.
Being an altcoin that is a fork of a fork off Bitcoin, Dash is a
minable cryptocurrency. This is an
alternative to buying
the coin at crypto exchanges.
Mining cryptocurrency requires that you always have a
mining software
running, and while the software is free, the electricity to run the computer is not. It can also take a long time before you mine enough to earn a coin. Those who mine crypto for a living
typically own server farms, which
consume a lot of electricity. For the average user, buying Dash is the easier way.
It's important to remember that crypto casinos only work with a select number of cryptocurrencies, usually just with the most popular coins. At the moment, only a
few casinos accept Dash, and we've
listed them on this page.
These are all
reputable crypto casinos
that have been
player tested, and they are fine and
trustworthy places
to play. As cryptocurrencies are becoming more mainstream, and because Dash is designed to suit budgets both big and small, it is
very likely
that
more casinos will be adding Dash
to their payments list in the future. So stay tuned.
You can find the most up to date price for Dash at
Coinmarketcap.com
or
Coinbase. Both will
list the price
as well as other info like market cap, trading volume and the supply in circulation.
You can also see the Dash price
directly from your crypto wallet
such as Coinbase and
Binance
before you buy. Actually all transparent wallets and payment gateways like Moonpay should list the exchange price before you complete the transaction.
Gambling with Dash is safe as far as online gambling is safe. That means there are no concerns as long as you
choose a reputable and trusted casino operator. Look for a
gambling license, responsible gambling tools, and
read reviews. The
casinos we've listed here
have been
carefully vetted
and are safe gambling sites for Dash and other cryptocurrencies.
There is an
extra security action
you can take to ensure safety. Whenever possible, activate
2 Factor Authentication (2FA). 2FA will further secure your assets because they generate an
extra time-limited one-time password
that's typically sent to your phone. This means hackers cannot get into your account even if they have stolen your regular password. Many crypto wallets offer this feature, as do crypto casinos.
At the moment, there
aren't many casinos
that accept the Dash coin. But our experts agree that this
coin has a lot of potential
for crypto gambling and there are many reasons why we think there
will be more crypto casinos adding Dash
to their payment list in the future.
The altcoin boasts
low network fees,
fast transaction times, and it's
energy efficient
too. While it may not be the first choice if you're looking for a quick return on investment, Dash has everything it takes to become a convenient payment method in everyday life, including its very
own mobile wallet app. The Dash price is also
relatively cheap, making it a great cryptocurrency to get into now.
I've been working in the online casino landscape in Malta for more than 10 years and have seen how the industry works from customer service roles to the backend of the business. While I am lucky enough to call myself a native on the sunny island called Malta, I also enjoy travelling and have travelled across Canada! After wandering through the great white north, I have decided to share my knowledge and now work with Canadian players to compile accurate casino reviews to help players navigate through the hundreds of gaming sites online.
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