How to Get an Instant DASH Loan on YouHodler
Do you want a Dash loan? If so, you’ve come to the right place. YouHodler has the highest LTV on crypto loans as well as a variety of different tools for crypto HODLers to use. But before we get into those details, let’s take a brief look at what Dash is and why it’s a top choice on YouHodler for an instant loan.
What is DASH and how to get a DASH loan?
Dash is a cryptocurrency that was first created back in 2014 using Bitcoin's code. At first, Dash was called Xcoin and was very similar in technological structure to Bitcoin. Eventually, Xcoin’s creators changed the name to Darkcoin but were forced to change again due to it’s negative relation to the “dark web.” Hence, Dash was born and it is one of the most popular altcoins to date.
Unlike Bitcoin, which is a simple store of value or Ethereum, which is a dapp platform, Dash aims to be akin to a payment method. It’s decentralized and autonomous organization means Dash coin is more private, secure and faster than that of Bitcoin. This is just one reason why Dash is so popular amongst HODLers and why they choose a Dash loan on YouHodler. Yet, there are many more pros and cons for this altcoin, so let’s examine a few
The pros and cons of DASH
Pros
- PrivateSend option makes all transactions more private.
- InstantSend makes transactions faster (under 4 seconds).
- Decentralized through democratic voting of the master nodes
- Low transaction fees
- Rewards from block creating split between the miners, funding pool for Dash development and the master nodes.
Cons
- Dash still lacks a number of merchants and users despite large marketing campaigns and reputable partnerships
- There are rumors Dash’s privacy features are nothing more than a “coin tumble” which in theory, is traceable.
How to get a DASH loan: instant loan on YouHodler
At the time of writing this article, Dash is a top 20 coin on CoinMarketCap and many HODLers believe it has the potential for even more. Hence, don’t sell Dash but instead use it as collateral for an instant Dash loan on YouHodler. A Dash loan gives you money to use in the crypto market for hedging or leveraging your crypto Dash asset. Alternatively, one could use the funds to pay mining expenses or as starting capital for other investments that would produce an ROI. Dash coin has potential but you don't have to sell it to utilize it.
To learn more about how to get a Dash loan, buy Dash, sell Dash or more, visit YouHodler.com.
How to borrow Dash - How does it work?
With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow DASH you first must convert one of the above to fiat and convert it to DASH using our exchange service.
Dash loan calculator
You can use our DASH loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan Dash, please check the calculator first to see which plan works best for you.
Dash lending process
Dash lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future DASH loans.
It's worth trying! Forget selling your
Dash
with instant crypto backed loans on YouHodler
If you would like to learn more about crypto credits, please continue to the app. Start boosting your crypto portfolio now with YouHodler's crypto lending, convert, buy and sell options.
