Launched in 2014 and based on the Bitcoin project, Dash was developed with a focus on speed and user-friendliness.
In our Dash review, we will examine all the facts on this digital currency and provide you with our expert opinion on how this payment method could make your new casino experience even better.
As this novel cryptocurrency makes its way into many markets, from shops to online casinos, most new online casinos in the UK and around the world are now offering it as an alternative to more traditional methods, which can be a hassle to some players.
On top of that, Dash casinos offer players an extra layer of anonymity, like other cryptocurrencies. Take a look at a full list of the latest Dash casinos below:
|Currencies||DASH (you can fund your e-wallet using many currencies)|
|Security||Encrypted servers, blockchain ledger.|
|Transaction time||Instant deposits and withdrawals.|
|Min. Transaction||Defined by the casino.|
|Withdrawal Fee||Usually £/€0 but some new casinos may charge for the transaction depending on the amount.|
The first thing you need to do before you can start playing at any new Dash casino is to create your own digital wallet, either a blockchain (stored in the cloud), software (stored on a computer), or hardware (kept on a USB drive).
Dash also has its own mobile app for Android, iOS and Windows, so it’s easy to download and use it to perform your transactions.
You can buy Dash from a number of online sites, such as Kraken.com, Coinbase, Uphold and many more; and once you have added Dash to your wallet, you’re good to get started.
Dash is used as a standard deposit & withdrawal option at online casinos. You can use it to place bets of varying amounts, and even claim winnings faster than before. The selection of new Dash casinos is shy but consistently growing by the day.
Be sure to take the time to explore the range of options available, rather than just registering for the first new Dash casino you stumble upon.
Playing at a Dash casino comes with many advantages when directly compared to traditional payment methods. Because of the clever use of blockchain technology and the radically different approach to the concept of currency, it provides the following advantages:
- Irreversible transactions
- Potential currency gains
Dash puts you in full control of your money. Dash can be sent or received by anyone, anywhere in the world at any time.
There are no bank holidays, exchange rates, bureaucracy or hidden fees to deal with. So you always know what to expect when using Dash as a currency
Transactions are instant and final, protecting merchants and consumers from expensive fraudulent charge-backs and other related issues.
So before making a transaction always make sure you get the info right before confirming it.
Using this crypto to top up your Dash casino account is incredibly safe, it’s totally decentralised which means that it escapes the bank and government’s clutches and as it uses a peer-to-peer network there are no 3rd party middlemen who could get hold of your details.
Dash payments are encrypted and can be made and verified by both parties even without any personal information in the transaction, this grants extra safety and avoids fraudulent activity.
It’s secured by impressively strong cryptography and payments can be made without providing any personal information, keeping your Dash gambling completely private.
This also helps demystify the use of cryptocurrencies, especially for online casino gameplay.
Unlike many other digital currencies, Dash transactions are secure and visible to the entire network in under 1.5 seconds, making it a good option for casino players to make deposits and start playing without delays.
This is a great advantage over more traditional payment methods, like bank transfer or most cards.
Potential Currency Gains
There is a finite amount of Dash in the market and this is partially what gives the currency its real-world value. Apart from using it to buy goods or make casino deposits, you can also trade it.
The value per coin can fluctuate as the currency reacts to global events and this offers the potential for your casino winnings to increase in value rapidly without even touching them.
However, it’s worth saying that any volatile currency like Dash carries risks to the holders, especially price drops. Always know the risks before diving into the world of cryptocurrencies!
Despite the tempting advantages above, there are some major risks when using this novel cryptocurrency.
- Risk of attacks
Risk of attacks
Despite the blockchain ledgers creating a secure system, it’s the ecosystem around it that has flaws. People have lost millions overnight from crypto exchange hacks, never to be seen again and impossible to recoup in almost all cases.
Dash is not yet as widely accepted as other more traditional payment methods. Many merchants have never heard of Dash and not all online casinos accept it as a payment method just yet.
As a relatively new currency, the market value of Dash is not yet stable. These changes from day to day may discourage users and merchants from transacting in Dash, or holding Dash after completing a transaction.
The exact method of paying with Dash will likely vary a bit from casino to casino.
Go first to the casino’s FAQ page or contact the casino’s customer support team before going ahead with a deposit to ensure you know the full procedure and any fees.
- Select Dash as a payment option on the cashier page.
- Use the online casino wallet address to send the funds.
- Pay attention to the identity code provided by the casino.
- Enter the amount and confirm the transaction.
It can take anywhere from moments to hours for the money to arrive in your casino account. The funds will transfer instantly, but the online casino still needs to process it and that is where the hold-up is as mentioned in the disadvantages section.
You might want to contact the online casino’s customer service before making your first withdrawal.
Don’t forget to ask about any fees and timings to see how quickly you can get your funds back into your Dash wallet.
- Inform your Dash wallet address.
- The casino will then send the money.
- Confirm the amount received and check for fees.
There are a few things you’ll need to have before you can start using this cryptocurrency at any online casino that accepts Dash. These are:
- The actual coin currency
- A crypto wallet (to store it)
- Coin exchange (site to buy Dash)
- A Crypto ATM (found in many places, e.g. the UK, Spain, France, etc)
You’ll need some Dash coins in your crypto wallet to get started and they can be purchased at a coin exchange using traditional currencies. Exchange rates, fees and trust vary as with any currency so do your homework before spending your cash on coins and check different websites to acquire it.
To keep your coins safe and sound you’ll need a decent crypto wallet for virtual currency storage. There are countless options with many different approaches and setups, including the own Dash app which can provide not only safety but also allows you to send and receive money easily.
Do your research and be sure that you’re keeping your virtual currency somewhere which is compatible with online casinos.
You’ll also need to be set up at a coin exchange so you can buy and sell your cryptocurrency when you want to. Some exchanges might require you to verify your account with some basic ID before you can start swapping any sterling for virtual coinage.
Some of the best places to buy Dash coins are Coinbase, Uphold, Bibox, Kraken, Binance, and many others. Pick the one you feel safer and check for fees before buying the coins.
Dash is one of the few cryptocurrencies to offer physical ATMs to buy their coins. These can be found in most European countries, the UK, North and South Americas and a few countries in Asia as well. This can be useful, especially if you don’t want to sign up to a coin exchange website, for example.
Bitcoin enjoys huge popularity and is the oldest cryptocurrency, but that doesn’t mean it’s without flaws. The founder of Dash developed this crypto to overcome these flaws, and there are 2 main factors which set it apart from Bitcoin:
- Speed: Dash transactions can be completed in seconds whilst Bitcoin can take between 10 minutes to 1 hour for larger amounts to be confirmed.
- Blockchain: Dash was the first crypto to develop an advanced blockchain which is both self-funding and self-controlled, meaning there are no weaknesses and the blockchain is completely autonomous.
Many online casino players around the world are already enjoying the benefits of this digital currency, but what are the best Dash casino games to play?
Thanks to the lightning-quick speed of Dash transactions, players may prefer live casino games such as:
Players will also find a number of Dash dice games at their chosen casino, specially developed and only available to use with this crypto, along with thousands of Dash online slots where you’ll no doubt see some of the most popular titles available to play on.
There are some truly amazing casino bonuses for players out there, generous welcome offers, bonus spins and you’ll even find that some offer a Dash casino no deposit bonus in the form of a faucet. In completing small quests or even for simply signing up or recommending a friend, this faucet will reward your casino account with small amounts of Dash coins.
Here at New Casinos, we are committed to providing you with all the latest and best new crypto-friendly casinos, and you’ll find a number of these on our site which were tested by us as players. We provide you with all the honest facts so that you can make your own mind up about which Dash casino will be the best for you and your needs.
One of the many attractions of Dash is its incredibly low fees, there are never any hidden charges associated with using it and many casinos will have similarly small or zero fees.
Once the funds have been processed from your online casino, they will arrive in your mobile wallet in a matter of minutes.
This is reliant on the number of users purchasing and spending with it, Dash is a volatile currency that depending on the market, can increase or decrease in value from one day to the next.
A blockchain is a public ledger of all transactions ever processed using Dash and other cryptocurrencies.
Each transaction is verified with a unique signature that can only be created by the true sender, which also serves to ensure that it is not possible to spend the same balance twice.
Transactions are written to blocks, which are produced and secured every 2.5 minutes by advanced cryptographic algorithms in a process known as mining.
Dash is an open protocol and does not fall under the control of any single entity. Anyone can write software to transact on the Dash network without requiring the permission of a central authority. Other than the minimal fees required to prevent spam attacks, there are no barriers to using Dash.
Now that you know more about Dash and it’s pros and cons, take a look at other payment methods and the best casinos to deposit with your favourite payment method.