DASH Casinos 2021 in the test
Back in 2014, the Dashcoin was brought to the market. Behind it is a fork of the more well-known Litecoin, also called Fork. In recent years, the digital currency has undergone several renamings. First, the token was called XCoin, shortly thereafter Darkcoin. It was not until 2015 that it was finally renamed Dashcoin, which is an abbreviation for “Digital Cash”.
Although Dashcoin is originally derived from LTC, the concept behind it is quite different. When developing DASH, the creators (including former Litecoin developers) built on Bitcoin technologically, but tried to remove the weaknesses existing with this token and achieve an improvement for the market.
The new system, which has been optimized compared to the Bitcoin blockchain, brings many advantages. Above all, however, the network benefits from the fact that founder Evan Duffield and his team have not reinvented the proverbial wheel, but merely made it “rounder”.
This applies not least to the more attractive design of Dashcoin. Many problems existing with Bitcoin have been circumvented by this approach, and in the meantime the token 🌟 is gaining more and more importance on the European market as well.
Even if only slowly, Dashcoin is now finding its way into online casinos. Which gambling sites already show a high DASH acceptance and what to look out for when making casino payments with Dashcoin are just two of the many questions we cover and answer in detail in this expert report.
Playing with Dash at Cloudbet
Interesting: The company website dash.org shows which merchants already accept the token. Worldwide, both service providers and just crypto casinos belong to do. High up in the list is Cloudbet, a gambling provider that is no stranger to us.
In many industries and countries, Dashcoin has already been able to establish itself. However, when it comes to crypto casinos, the selection is still quite manageable at times. The table shows that there are currently only a handful of providers that accept DASH for deposits and withdrawals. Our editorial team has examined the companies in detail. According to our experience, it is highly likely that more crypto gambling sites will be added in the near future.
What is Dashcoin anyway?
The basis of the token, which works similarly to BTC, is a so-called proof of work system. This is considered part of modern computer science and is designed to prevent excessive use of data. On this basis, it is possible not only to buy Dashcoin, but the altcoin can be mined just like Bitcoin.
Mining, in turn, regularly favors the consumption of energetic resources. In order not to be a “power hog”, Dashcoin was designed with a so-called X11 hash algorithm.
This, in turn, means 11 algorithms were strung together in favor of better energy efficiency, so the energetic overhead of Dashcoin 🪙 mining is significantly lower than it is for Bitcoin.
The main focus of DASH is on data protection, which is once again significantly better here than with better-known cryptocurrencies. Transaction information is not made public at any time.
To ensure this, the network offers the Private Send function. You have to imagine the whole thing like a mixing of several payments from any network customer. Since all data is transmitted “jumbled,” individual transactions are no longer publicly traceable.
What the DASH Wallet App can do
Quite new is the DashPay app, an in-house wallet that makes it particularly easy to send and receive Dashcoin. Purchases as well as sales also work as easy as pie via the wallet app, which is provided free of charge by dash.org.
The company works together with the two independent service providers Liquid and Uphold when buying new tokens, which offer similar services as the provider Moonpay, which can be found in many crypto casinos. It is therefore particularly easy to manage your DASH balance and perform transactions via the app.
Set up Wallet in a few steps:
- Download app for Android, iOS or Windows
- Select and confirm pin
- Recovery phase is created
- Enter phrase words in correct order
- Wait for synchronization
- The account is set up and can now be used
Each time the DASH app is opened, the pin is entered, which the company uses to secure access. If you now want to deposit Dashcoin into the crypto casino, it is possible here to simply scan the QR code provided by the casino provider. Winnings can also be cashed out effortlessly via the app.
Interesting: There is the option to perform quick receptions and quick sends. These are protected by the phrase words. Only with the correct input is it possible to access the wallet account.
The provider points out that at best no screenshot of the phrase is made, but that the words should be noted in correct order in a safe place.
This is how playing at DASH Casino works
- Select crypto casino with Dashcoin
- Create an account
- Choose DASH payment method
- Scan QR code with preferred wallet app
- Enter amount or number of coins manually
- Confirm payment
From the mentioned Dashcoin casinos, players can choose any one – or even several, if desired. Registration usually only takes a few minutes and is required to be able to make deposits afterwards.
At the very top of the personal area, there is a button that is usually labeled “Deposit” or “Cashier”. One click is enough to clearly display all payment methods and cryptocurrencies provided by the provider 👍. Here, it is now sufficient to select DASH. Either an amount can be typed in directly, as in the case of Fairspin, or you can make this decision later in the Dashcoin Wallet.
As with most digital currencies, there are now two options to complete the transaction. Either the DASH wallet address generated by the casino is simply transferred to the wallet, or one uses the QR code scanner of the crypto wallet used. The latter is a bit faster, but in terms of security, the two ways do not differ.
Serious and secure – that’s what matters
DASH is per se a secure as well as reputable cryptocurrency. However, the developers naturally have no influence on how tokens are used and whether the investment is made in a reputable crypto casino.
Consequently, it is up to the customer to ensure this. Some factors make it possible to assess how reliable and fair the chosen provider is. In addition to the acceptance of DASH and other cryptos, these include above all licenses and, in the best case, seals of approval – for example, that of the GameCare organization.
As online casinos without limits, such providers that accept cryptos are now very popular. After all, they offer their customers the greatest possible flexibility. However, even though there is usually no upper limit for Dashcoin deposits, it is always best to choose an amount that fits your personal budget.
It is even better if there is the possibility to set limits in the customer account – for losses as well as for playing times, stakes and deposits in general. This way, the general conditions for playing at DASH Casino can be optimally adjusted to personal circumstances.
All the important information can be found on the Dash website.
Buying Dashcoin: These options are available
Anyone who wants to deposit with Dashcoin in the crypto casino should, in the best case, stock up on the currency in good time. This can be realized in various ways, whereby the following wallets not only offer a simple purchase option, but also provide the daily updated DASH rate.
The special feature of Dashcoin is that the developers provide their own app through which the token can be bought and sold, exchanged and managed. The DASHPay app is offered free of charge for Android, iOS and Windows devices. Especially users for whom the currency plays a larger role – not only in connection with playing at the Dashcoin Casino – will benefit from the simple yet effective functions.
Those who want to use DASH exclusively for gaming can buy the tokens directly from the crypto casino. Providers like Fairspin work with independent service providers. The most well-known ones are Moonpay and Localbitcoins.com.
Advantages & Disadvantages of Dashcoin Casinos
What advantages does DASH offer as a casino payment method?
The decentralization of cryptocurrencies is a key reason why more and more players are switching to crypto casinos. Dashcoin in particular offers many advantages as a blockchain-based currency – including the possibility of mining, although this naturally takes significantly more time than an alternative direct purchase of DASH in the preferred wallet.
Casino customers also benefit from very low fees. These are often less than one cent per network transaction. In terms of cost savings, even the big tokens, such as Bitcoin and Ethereum, cannot compete.
Dashcoin advantages at a glance:
- Transaction speed is 1 second
- Low network transaction fees
- High energy efficiency
- Fast as well as easy availability
- Available on all crypto wallets
- Direct payments possible
- Mobile use 📱
- No deposit and withdrawal limits
What are the disadvantages with Dash casinos?
Currently, Dashcoin is not yet as widely used as Bitcoin, Litecoin or Ethereum. Those who want to use the token to play at crypto casinos can only resort to a few options.
Moreover, not too much can be said about the token’s market development at the moment. The prices can be described as ups and downs, but this does not necessarily have to be a disadvantage – if you think long-term.
These are the aspects to consider:
- Few DASH acceptance points in the crypto gaming sector.
- Market value is less apparent than for BTC and ETH
Experts do not expect an explosion in the coming months like the one Bitcoin followed a few years ago. Nevertheless, it may be worth buying, because the development is less relevant for crypto casino gaming than for investors. The reason is that the providers internally use all tokens for payouts at the current daily rate.
Special features of the Dashcoin
Like all leading cryptocurrencies, Dashcoin is independent of traditional banks. However, this is not the only special feature that distinguishes digital from physical “money”.
The commonality with BTC is that Dashcoins can be both bought and mined. Here, as mentioned, a particular efficiency is evident. In addition, basically everyone has the opportunity to participate in the further development of the token as an investor and thus part of the network.
- X11 hash algorithm guarantees maximum security
- Master nodes bypass instant mining
- Encrypted transactions with Private Send
- High transaction speed
Particularly exciting: the entire development team is named transparently on the Dashcoin website. CEO Ryan Taylor as well as CTOS Glenn Austin and Bob Carrol are among the main people responsible. If you want, you can get specific information about the company structure, which is a sign of particular seriousness.
Pay with DASH without limits
One can hardly speak of a real lower limit for deposit and withdrawal in the well-known Dashcoin casinos. Here, too, the example of Fairspin.io comes in handy, which only requires a conversion value of 2 cents per transaction when depositing. This amount 💰 is not enough to secure a bonus claim, yet no limit is otherwise specified, which would make the decision more difficult.
In the case of withdrawals, the amount can be a little higher, although only marginally. However, it is crucial that no limits are set upwards. So, for example, if you win a jackpot in DASH, nothing stands in the way of a payout to your preferred wallet. This aspect in particular is one that customers benefit from at Dashcoin Casino – unlike real money payments, which are almost always limited these days.
Unlike Fairspin, the provider Fortunejack Casino generally does not specify any limits. Cloudbet sets a lower limit of 0.0001 DASH for deposits as well as withdrawals, everything else is left up to the customers here as well. In addition to the very low network transaction fee, the flexibility is of course a decisive advantage over the classic real money payment.
Are there any restrictions on the game portfolio?
The Dashcoin casinos we have reviewed naturally do not put any obstacles in the way of their guests when it comes to using the games offered with DASH. As long as the deposit is accepted in the currency, all sections can be played with it – including the live portfolio, which promises special excitement.
These games can be played with Dashcoin:
- Bonus Buy Slots
- Jackpot Games
- Card Games
If available, sports betting and all other variants of modern gambling can also be used with the companies. Either the bet is made in DASH, or the token is listed in Euros or, depending on the provider, in USD. The latter makes the assessment of the betting risk even easier, as you don’t have to do the math yourself on every game round.
Tips & tricks for paying with DASH
Those who have already decided to pay with Dashcoin in the crypto casino should in any case deal with the purchase options. In addition to the independent service providers available in many casinos, the well-known wallets, such as Bitpanda and Coinbase, are offered on the one hand, and on the other hand, an in-house DASH Pay app is provided, through which tokens can be bought and sold as well as managed.
Owning Dashcoin is the first step towards crypto gaming, and currently the price per coin can even be described as quite manageable – especially compared to currencies 💶 like bitcoin. Once the decision for a DASH casino has been made, the following tips will help one to find a quick and sometimes lucrative start:
- If available, claim DASH bonus
- Choose a wallet with the most favorable conditions
- Buy DASH in time to be able to deposit spontaneously at the casino
- Optionally, Dashcoin purchase is possible via Moonpay and alternative providers
In the meantime, there are plenty of cryptos in circulation, and it is especially difficult for beginners to separate the proverbial wheat from the chaff when it comes to values, efficiency, lucrativeness for investors and precisely also to enter the crypto casino with the appropriate currency. Alternatives that are currently experiencing a particularly high acceptance in the industry are:
With Bitcoin, Ethereum and Litecoin, almost all established crypto casinos come to the same denominator. However, the availability of other tokens, such as DOGE or Ripple, differs widely.
If a large selection of digital currencies is important to you, you should therefore take the time to compare several offers – whereby other aspects also play a role, of course, such as high-quality games, low fees and, if possible, an attractive bonus.
Dashcoin Casino FAQ
Especially with cryptocurrencies, which you do not hear about every day, questions can quickly arise. This is especially true in connection with playing at the crypto casino, because as is well known, there are special rules and conditions that must be observed. Which aspects can be crucial for payment with DASH, we have listed here.
Is Dashcoin different from Bitcoin?
In terms of crypto gaming, there are differences between the two currencies, but they are of little importance to gamers. If you want to do something for the environment, you are much better off with DASH. The mining efficiency is much better than with BTC.
Another advocate is data protection, because this has also been optimized significantly compared to the role model Bitcoin. Unlike BTC and other prominent digital currencies, Dashcoin 🪙 is less entrenched. The network focuses on values that are forward-looking. Technologically, the token clearly has potential. How this will impact the iGaming market in the coming years, however, remains to be seen.
Is a Dashcoin bonus provided?
It all depends on which provider wins the race. Cloudbet, for example, gives every new customer a welcome bonus of up to 5 DASH. The deposit is thus doubled here.
Fairspin has put together a bonus package for its guests and even rewards the first four transactions with a bonus credit in Dashcoin – as well as in all other currencies. The special thing here is that there is no limit for the bonus.
Due to the Dashcoin rate, it is worth comparing the offers carefully. After all, if you pay in Bitcoin at Cloudbet, you will logically benefit more from 5 BTC than from 5 DASH.
Can I pay with DASH at any crypto casino?
The acceptance of Dashcoin in the industry is not yet as gigantic as Bitcoin, Ethereum and other cryptos. So, this means that unfortunately, you can’t just deposit your DASH Coins into the casino at will, but you have to specifically choose providers that accept the currency.
In short, there is an option to buy DASH in every wallet. As far as the selection of Dashcoin casinos 🎰 is concerned, it will probably take a little more time until acceptance becomes greater. At least, our experts were able to locate three companies, which have already been extensively tested and classified as reputable.
Is paying with Dashcoin secure?
Because transactions are always carried out immediately – and encrypted with Private Send – Dashcoin is considered particularly secure and reliable. Of course, this does not only apply to deposits and withdrawals in the crypto casino, but to the general use of DASH. Since the currency is based on a so-called consensus protocol, it should even be significantly safer than Bitcoin, according to the developers.
The decisive factor when booking is, of course, that a reputable crypto casino is selected. Provided that this is the case, Dashcoins reliably arrive in the player’s account, and the payout of winnings also runs smoothly with audited companies in the iGaming industry.
Is Dash mining worthwhile?
The parallels to Bitcoin mining are striking, because after all, DASH is an alt coin that has quite a high profile as a Bitcoin successor. The mining calculation is different from that of BTC, as the token is based on an X11 algorithm. Simply put, 11 measures are provided to ensure protection against possible attacks.
Mining means tokens are generated by electricity. So basically, you don’t have to do much more than run your computer and make use of appropriate programs that are provided free of charge. Those who participate in the network are credited with new Dashcoins as a reward.
In fact, this option is an alternative to the classic DASH purchase, but it takes much longer to collect Coins. If you want to make a living out of it, you have to make mining your profession, and you need very powerful ASIC server farms as well as a lot of time. Probably an unsolvable challenge for the average user.
Where can I find details on the Dashcoin exchange rate?
Daily updated values on cryptocurrencies like DASH are provided at Coinmarketcap.com. There you have the possibility to inform yourself about the trading volume, the circulation supply and of course about the current market capitalization.
If you only want to know the Euro value of a Dashcoin, you can also find these details on the common crypto exchanges – for example Coinbase, Bitpanda and Binance. Even the independent wallet service providers provided in many crypto casinos, including Moonpay, provide transparent information about the token’s equivalent value.
Conclusion on Dashcoin Casinos
The acceptance of cryptocurrencies is picking up speed in Canada. This is true not least for the Dashcoin as well as for BTC, ETH and LTC, because the currency relies on energy efficiency and at the same time it closes such security gaps with which other alt coins unfortunately still have their problems.
The number 1 gains a central role in DASH because it not only describes the second for a transaction, but it also costs customers under 1 cent to make the desired network transaction in the wallet. The potential of the currency is therefore high, and so it can be assumed that it will gain importance in the near future, not least for the gaming market.
Even though only a few of the crypto casinos reviewed by our experts accept DASH so far, they offer a solid basis for exciting entertainment, fair chances of winning, as well as transparent bonus offers, from which Dashcoin payers can also benefit.