Cryptocurrency is a popular banking method for many online gamblers in the USA and abroad. However, not all crypto are created equal.
Here we will look at Dash casinos and how using Dash might be the right option for you when it comes to gambling online. When it comes to comparing to other cryptos like Bitcoin, Dash provides much faster transaction times and lower fees. This makes depositing with Dash at online casinos an excellent option.
|Rank||Online Casino||Key Info||Bonus Info||Visit Casino|
In this article, we’ll discuss Dash and how it can be used for online gambling. Who knows, it might change the way you think about crypto!
What Is Dash?
Dash is an open-source peer-to-peer cryptocurrency that was originally known as Xcoin and then by Darkcoin. Since March 2015 it has been rebranded to its current name of Dash, short for “digital cash.” Dash is very similar in concept to Bitcoin (BTC), but with additional features like faster transaction speeds.
The Dash blockchain is self-funded and self-governed, meaning that the Dash network funds their development. And anyone can present their idea to the community. If a network member presents a good idea they will receive financial backing from the blockchain for their project, and in turn that work is then reflected through a stronger Dash. This provides a strong incentive to innovate but also have your good ideas actually funded.
The new direction of Dash was inspired by Bitcoin’s lack of decentralization and self-funding (which is a topic that is debated often in the cryptocurrency world). A strong desire emerged to create a currency that was not only decentralized but also self-sustainable, and thus, Dash was born after its initial launch in 2014.
Dash has been designed from the very beginning with scalability in mind. The network updates its software every two weeks so as to ensure that there are no errors.
Dash has come a long way since its launch back in 2014, now with thousands of users ranging from developers to entrepreneurs to investors. Dash has also been able to build strong partnerships with other cryptocurrencies, blockchain organizations, and companies across the globe, including online casinos.
How Dash Works
Dash is a decentralized peer-to-peer cryptocurrency that allows for instant and private transactions.
As mentioned above Dash’s features allow it to be incredibly fast and cheap compared to other cryptocurrencies. Dash also allows for privacy, as Dash uses a technology called PrivateSend, which mixes coins from different transactions together to make them harder to trace. Dash also has a decentralized governance system which ensures that the entire community is constantly voting on the future of Dash.
Dash is now listed on more than 50 cryptocurrency exchanges with over $2 million worth of trading each day, and Dash is also accepted as a method of payment by 15+ different merchants, including some big names like GoDaddy and Overstock.com. Web wallets such as Jaxx Agora, and Exodus all support Dash.
Why Use Dash for Online Gambling?
- Dash’s transaction speeds are far faster than those of other cryptocurrencies such as Bitcoin, which usually takes over 10 minutes to confirm a transaction.
- The transaction fees for Dash are also incredibly low compared to other cryptocurrencies like ZCash. For example, sending $20 worth of Dash would only cost $0.40 in transaction fees, versus the $14 that it would cost to send the same amount of ZCash.
- Dash is also incredibly private compared to fiat-based banks and other cryptocurrencies. This makes it perfect for users who wish to remain anonymous while using their Dash funds, as well as those who wish to keep their transactions private for other reasons.
Dash Compared to Other Banking Methods
Up until this point, we’ve made Dash seem like the future of currency. And frankly, it might be. But let’s take a moment to see how Dash stacks up against other, more established banking methods.
Dash vs. Other Cryptocurrencies
Dash is much faster than Bitcoin, Ethereum, and all the other crypto titans. Dash is not only faster but also cheaper, with transaction fees at around 2 cents per transaction. Dash has continued to innovate, and its development team works tirelessly to make the currency even better for future generations.
One such way they’ve done this is with DashGreen, a branch of traditional Dash that’s dedicated to environmental conservation. While big crypto can be disastrous to our environment and atmosphere, DashGreen exchanges the mining principle for something called minting, a process that has zero cost, zero emissions, and no impact of any kind on the environment.
DashGreen also claims that its data centers are all powered by renewable energy!
Dash vs. Credit/Debit Cards and Bank Transfers
Dash is more private than any other banking methods, especially when using PrivateSend with Dash.
Dash does not have the same fees of credit/debit cards or bank transfers. For example, your bank can charge you around 8% on an international transaction while Dash charges only 2 cents per transaction!
For online gamblers, credit cards or bank transfers should be the last resort when making a deposit. You’ll have to wade through long transaction times and high fees, when you could easily make the same deposit using Dash.
Dash vs. E-Wallets
E-wallets are very convenient for online gamblers. However, there’s always a tradeoff with convenience, and that is usually security. E-wallets like Neteller and Skrill hold your money in an account where the funds are not your property until you withdraw them to your bank. This means they can freeze or deflate your funds at their discretion. In fact, the only time you can get your money out of an e-wallet is when you make a withdrawal to your bank or credit card.
In contrast, Dash transactions are instant and final, meaning that you own your Dash coins from the moment they leave one wallet for another. There’s no risk of a third party freezing or deflating your coins.
What Makes a Great Online Dash Casino?
Some people only look at the games and bonuses when choosing an online casino—the fun stuff. But they’re missing a few critical elements of what makes a Dash online casino great.
Here’s what to look for when choosing a Dash gambling site.
Reputation and Licensing
This is one of the most important things to look for in a casino. Reputable, well-established brands won’t just try to entice you with games and bonuses—they’ll also offer fair gaming, fast cashouts, great service, and all other perks that help ensure you have a safe and enjoyable online gambling experience.
All reputable Dash online casinos must be licensed by a governing body, such as the Curacao Gaming Authority or the Panama Gaming Control Board. These licenses will usually be clearly displayed in the footer of the site or on their legal page.
Bonuses and Promotions
This is one of the most exciting parts about online gambling, and it’s a great sign of a casino’s generosity. Look for casinos with wide welcome packages, ongoing bonuses, free spins on new games, and other perks that help give you extra value.
Promotions can also be used as a way to try out different activities at the site. If a casino has a great sportsbook, for example, you might want to check out the online poker selection before you sign up.
But don’t just sign up for a Dash casino online because they have the largest bonus package if they’re lacking in other areas. Free money will only do you good if you’re able to withdraw your winnings.
This is one of the most important things to consider—how many games a site offers directly correlates to how well they treat their players. Of course, anything can look good on paper, so you’ll want to thoroughly research an online casino before signing up.
The first step is to go directly to the casino’s website and poke around. If they have a wide variety of games that interest you, that’s a good sign. But if their game selection is small and not really up your alley, you had better look elsewhere.
The majority of Dash casino sites offer the most popular games. We have listed out our favorite games below that you will find at the casinos we recommend.
When you’re looking for an online casino accepting Dash deposits, look to choose one that accepts your preferred deposit and withdrawal methods. Most casinos offer at least a few different options like credit cards, e-wallets/prepaid cards (e.g., Skrill, Neteller), bank transfers, and cryptocurrencies.
Some of the most reputable online casinos will accept multiple deposit options, so you should always be able to find a payment method that works for your budget.
If there’s not enough variety in their banking options—or worse yet, if they don’t offer any depositing or withdrawal methods that are convenient for you—you’ll get frustrated very quickly.
Customer service is one of those things that many people don’t think about when looking for a new online casino, but it’s often one of the most important things to consider.
When choosing an online gambling site, you may want to ask the following: Do they have 24/7 availability? What are their contact options? Can you reach them via email, chat, and phone? How long does it take to receive a response?
The most reputable casinos provide an excellent experience for their players. They’re there when you need them, and they’ll do everything possible to ensure that your questions are answered as quickly as possible.
How to Make a Deposit Using Dash
If Dash seems like a cryptocurrency you want to explore, it’s fairly easy to purchase some and make a deposit at an online casino using Dash.
You might already be a crypto guru, so you can probably skip this section. But if you’re new to the world of cryptocurrency, these simple steps will help you buy your first Dash coin and start gambling!
Step 1: Sign up for a cryptocurrency exchange. These exchanges are like crypto marketplaces where you can buy and sell crypto using fiat currencies like dollars or euros. You can also trade crypto on these exchanges. Coinbase, Binance, and Gemini are all reputable and easy-to-use crypto exchanges.
Step 2: Finish the verification process at your exchange and add funds. The crypto exchange will require some personal information to validate your account. These details usually include your:
- Full name
- Email address
- Physical address
- State ID or driver’s license
After you’ve provided all that information, the exchange might take a few minutes (sometimes up to a few hours) to verify your identity. After that, you can link your bank account, PayPal, or credit card to fund your account.
Step 3: Buy Dash and store it in a wallet. Buying Dash is super simple. All you have to do is enter the dollar amount you want and submit the order! After that, you’ll have to store your Dash in a secure crypto wallet. This wallet is a way to protect your crypto, and you can use your wallet code to make transactions. Most crypto exchanges have their own wallet feature built in, but you can always use a third-party provider like Exodus or Mycelium for extra security.
Step 4: Log into your Dash casino and make a deposit. Once you’ve set up your account at your real money online casino of choice, navigate to their cashier or banking page. You can select Dash as your deposit method and provide your wallet code. Once the casino receives your funds, you’ll be able to gamble away!
Other Fast Payout Solutions
If you are in a location that doesn’t accept Dash as a payment method, or you simply just don’t want to use Dash but still want a secure and fast payout casino then check out the options below. Each one of the banking methods listed here can be used by USA players and will allow you to have a safe online gambling experience.
Bitcoin Cash Online Casinos
BitcoinCash is a good alternative to traditional Bitcoin because it’s faster and more secure.
You want your winnings as soon as possible, so use these fast payout online casinos!
Casinos Accepting Ripple
Ripple, or XRP, is a newer crypto that has incredibly fast transaction speeds and low fees.
Dash Casinos FAQ
The following questions and answers have been put together to help our readers with anything that we may not have addressed above in this article on Dash casinos. We want to make sure that you are as informed as possible about Dash and how it can be used for gambling online so be sure to read through the questions below.
Is Dash Really Better Than Bitcoin?
Yes, Dash is better than Bitcoin in pretty much every way. It’s cheaper, faster, and more secure when you use the PrivateSend feature.
Why Are There So Few USA Casinos That Accept Dash?
Well, online casinos either provide banking options that suit their needs, or they provide banking options that suit their users needs. If it’s the first, Dash hasn’t experienced the rapid growth that other cryptocurrencies have, so casinos stand to make a lot less money on Dash than Bitcoin. If it’s the latter, it’s the simple fact that Dash isn’t as widely used as other crypto, so casinos see it as a hassle instead of a benefit.
Should I Keep My Winnings as Dash or Exchange Them for Another Currency?
It comes down to preference. If you’re fine sitting on your winnings for a while to see if they make you money as an investment, by all means. However, Dash isn’t widely considered an investment so much as a peer-to-peer transaction method. Bitcoin and Ethereum are generally accepted as good investments, but less so for Dash.
Do Any Online Casinos Accept Dash Green?
To our knowledge, Dash Green isn’t accepted by the gambling community. It’s a great option for transferring money between friends or other businesses, but don’t expect to us it for online gambling.