How to Convert DASH to ETH
You may see converting cryptocurrencies, such as DASH to ETH, as a difficult and time-consuming process. Searching for a specific individual selling ETH for DASH and striking a deal, or selling your DASH and then buying ETH is a real pain and comes with a range of extra risks. However, with the advent of cryptocurrency exchanges such as Rubix, you can trade directly from your wallet. Trading cryptocurrencies has become fast, simple and secure.
About DASH & ETH
What is Dash?
DASH was originally created under the name XCoin in 2015, with the ambition of ensuring privacy and anonymity. The whitepaper for the cryptocurrency, authored by Evan Duffield and Daniel Diaz describes it as being based on the work of Bitcoin founder Satoshi Nakamoto. Although still featuring strong encryption protocols, Dash has since refocused its aims, aspiring towards being a digital currency used directly in trade as cash, credit card, or PayPal payments.
In 2018, Dash became the first cryptocurrency to expand into a distressed economy with its venture into Venezuela. With the unrest and uncertainty in Venezuela, Dash has been adopted by large numbers of its citizens to gain protection from hyperinflation of the local currency.
What is Ethereum?
Ethereum is a blockchain-powered platform best known for its native token, ETH. Ethereum is the second biggest cryptocurrency, its market value only being exceeded by Bitcoin. The network supports a range of decentralized apps, or dApps, and Smart Contracts are a critical component of how it operates.
The original Ethereum concept was developed by Vitalik Buterin who put out a whitepaper in 2013 before officially launching Ethereum in 2015 with Joe Lubin, founder of the blockchain software company ConsenSys. Ethereum is often compared with its main rival, Bitcoin, but the two platforms are quite different in how they operate. While Bitcoin is almost exclusively a coin for making peer-to-peer transactions and as a store of value, Ethereum sees itself as an electronic, programmable network with many applications. Additionally, while Bitcoin has an absolute limit of 21 million tokens, Ethereum theoretically has no limit.
Convert DASH to ETH using Rubix
Buying DASH is straightforward if you use the trading tools built into the Rubix app that enable direct trading from your Rubix account. As well as DASH to ETH conversions, the app makes it easy to exchange dozens of other cryptocurrencies. With the Rubix app, it is easy to manage your cryptocurrency assets, and you can also securely exchange your tokens directly for fiat currencies, such as USD, EUR, or GBP.
Send funds to friends and family, pay for products and services or just invest for the future, all the while knowing your funds are safe. Keep your DASH to ETH transactions safe and secure with Rubix.