Dash Casinos

Dash is one of the many digital currencies, so it is only expected that the interactive gambling industry wouldn’t be too far behind in implementing it.

Dash casinos are growing in popularity nowadays, and it is mostly due to the advantageous and easy-to-use character of the currency.

Dash is a digital currency invented on the basis of Bitcoin, using a public ledger technology known as blockchain to perform and record transactions. It was released by founder Evan Duffield on January 18, 2014, and has since been growing in value and application.

What Is Dash?

Dash is a popular currency in today’s crypto space. It’s an open-source altcoin forked from the first-ever cryptocurrency, Bitcoin. Dash is also a decentralized autonomous organization, operated by several of its users. The cryptocurrency might have launched in 2014, but it’s made quite a name for itself. Unfortunately, it’s not all for the right reasons. Dash started as Xcoin, created by Evan Duffield. In the beginning, most people avoided the coin as they believed it was being used as a pump and dump scheme.

To avoid negative attention, the coin changed its name to Darkcoin. Unfortunately, it was tied to black market dealing and received tons of negative press from traditional media and online outlets. Not long after, the cryptocurrency rebranded again into what we know today as Dash and made efforts to remove itself from the dark web. From 2016 on, the coin isn’t available in any of the better-known darknet markets. While some of the apprehension about the coin has gone away, many are still wary of using it.

Even though it was invented based on the Bitcoin example, Dash has taken things one step further. In its foundation, the currency uses blockchain technology where each transaction is distinguished using a unique signature, so that no one can use the same funds twice. What takes things to the next level is the use of masternodes. These are a unique feature of the entire network and have yet to be implemented elsewhere. Their function is to provide a second layer of support when making Dash available to all parties included, and additionally functioning to boost the network’s governance, storage and sending functionalities among other things.

How to Get Dash?

Like any other currency crypto or fiat, this digital token is most easily obtained at exchanges. Nowadays, there are a range of exchanges that would be willing to accept other crypto coins or fiat money in exchange for Dash. Brokers are also available, and while they may be slightly more costly option, they do offer the possibility of getting the currency in larger quantities for a fixed rate.

Either way, before you close the deal with either of these parties and get your Dash coins, you need to get a wallet for storage. Considering the unique nature of the digital currency, their official site has listed the options interested individuals have in this regard. They are rather varied and aim to fit all types of preferences – desktop wallets, mobile wallets, hardware and paper wallet options alike, as well as web wallets and text (SMS) wallets.

Each of these types of wallets includes a range of brands with different features, the most notable including multicurrency, InstantSend, PrivateSend, integrated exchange, added encryption and so on.

Once you choose and set up your wallet depending on the specific type, all that’s left is to purchase some Dash coins and send them to your address. Bear in mind that the official site additionally includes a global map of ATMs where people can also buy and sell Dash, so you choose the most convenient option according to your needs.

Dash Online Casinos

Online casinos are a continuously growing industry, which is why they constantly have the potential for more innovations to be added to the services.

One of the best ways to advance the quality of the service provided at these platforms is by improving banking options, which is why Dash managed to catch on pretty quickly.

Players at online casinos accepting digital currencies for deposits and withdrawals among which is Dash, should be able to make instant transactions using nothing but their public wallet address. All it takes is to register at the chosen casino site, access the banking page and choose Dash as your preferred currency. Afterwards, simply access your wallet, specify the amount you would like to transfer to the casino, as well as their wallet address and see the coins reach their destination in 1 to 2 seconds time.

Considering the fact that digital money are getting all the more popularity and use frequency, game variety at such casinos is bound to be at least standard, if not excellent. There are casinos out there that can match players’ preferences, so just make sure to make the right choice.

Features

Even though Dash has a lot of features worth discussing, for anyone looking to get into online gambling using this cryptocurrencies, transactions are of the essence. While some may alternatively use Dash to store value, and others could only use it as a means of exchange, these players are looking to make the most out of their online gambling experience, and these Dash features help them achieve this goal.

InstantSend is one such feature, since it literally allows transaction confirmation in 1-2 seconds time, making funds available practically momentarily after confirming the transfer. This is so thanks to the masternode network – instead of waiting for the transaction to get verified as in the traditional blockchain practice, the masternodes validate the funds and the transfer is sealed so as to prohibit any double-use of the same funds.

PrivateSend is another feature worth looking into – it ensures the transaction is untraceable, or more exactly, even more untraceable than usually, when the funds would openly portray your wallet address as their last storage or destination. It basically breaks up each Dash coin, mixes it up, and allows each mixed batch to be validated by a different masternode, completely eliminating all traces.

Can I Legally Gamble with Dash Online?

The legality of cryptocurrency and crypto gambling is a hot topic in pretty much every country worldwide. Of course, most of these countries have different opinions on the topic, and their laws and regulations reflect that! If you’re looking to start a crypto gambling venture, it’s best to research these regulations on a country-to-country basis. Some places might ban the use of cryptocurrencies altogether, while others try to integrate them into everyday life. Below, we’ll list a few examples of how some countries handle the subject.

In the US, online gambling generally isn’t prohibited. Players are free to own cryptocurrencies like Dash and use them for online gambling purposes. Of course, there’s a catch! Since the US is divided into states, different ones play by different rules. There may be some small differences in online gambling regulations that could get players into trouble!

The UK is an excellent example of top-notch gambling regulations. The country’s licensing body takes its job seriously, thoroughly vetting every operator applying for a UK gambling license. While the requirements for getting and maintaining a gambling license in the country might be strict, they’re even stricter for casinos that support cryptocurrencies! To be granted a license, they must disclose fund sources, among other things. It might seem a bit harsh, but this approach is a great way to keep players safe.

To best showcase opposite approaches to crypto and crypto gambling, taking a look at El Salvador and South Korea is more than enough. On one end, El Salvador is one of the most crypto-friendly places in the world! The country is very accepting of cryptocurrencies, and it even made Bitcoin legal tender in 2021. On the other end, we have South Korea. Unlike El Salvador, gambling is prohibited in South Korea. The country might have strict anti-crypto legislation, but that doesn’t stop most crypto fans from obtaining cryptocurrencies.

Can I Play All Casino Games with Dash?

Cryptocurrencies have been sweeping the world lately, but many are still wary of them. They’re still pretty new technology, and some companies aren’t willing to take the risk. Many of these companies belong to the iGaming industry. Their games aren’t available to crypto users, so you’re sure to miss out on some popular titles. Of course, there are just as many game developers that do offer crypto support! Sure, you might be limited to an extent, but you still have access to high-quality games!

Some popular casino software providers with crypto support include Habanero, Endorphina, BetSoft, Vivo Gaming, Mr Slotty, and Spinomenal. You can never go wrong with these studios! If you’re interested in a few game suggestions, you should try fun titles like Guardians of Valhalla, Asgardian Dice, and Crypto Matrix!

Pros

• Decentralization – the currency is completely independent and not run by a specific authority, which allows users to transact with minimum fees and maximum security.
• Speed – due to the specifics of the currency, transactions are performed in one to two seconds, so players don’t lose any time waiting to get to their favorite games.
• Security – digital currencies and their blockchain technology are a synonym of security on their own, and with the added features of PrivateSend thanks to the masternode network, Dash allows optimal safety and protection of all funds and information. The mnemonic seed is an additional layer of security provided.
• Irreversibility – once made, all transactions are verified in 1-2 seconds as specified above, and cannot be reversed, i.e. the funds cannot be reused for other payments as well.

Cons

• Volatility – as a relatively new cryptocurrency, Dash is as subject to the changes in supply and demand as any other, so you should expect its value to fluctuate depending on the market.
• Availability – the official site already lists a healthy range of merchant options where Dash holders can spend their digital money, but there is still a scarcity in comparison to other crypto tokens, such as Bitcoin.