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Dash wallet review 2019: The best DASH wallets in comparison

We have tested several Dash wallets extensively and in this article we will show you the best and most trustworthy Dash wallet providers on the market. The presented wallets differ in the degree of security as well as in the range of functions. Some wallets cost money, others are free. It is also important to know which wallets support private transactions with Dash. Not every Dash transaction is completely anonymous!

In the following article, we will explain all this and much more in more detail by presenting the best DASH hardware wallets, desktop wallets, mobile wallets, web wallets and paper wallets. In order to be able to use the respective wallets to their full extent, however, you should first have a basic understanding of the technology. Therefore we want to give you a short theoretical introduction to the topic in advance.

The theoretical basics - The wallet 101

A DASH wallet is a virtual wallet that, in contrast to real wallets for paper money, does not store the money itself, but the access keys for it. The access keys are the so-called “private keys”. Depending on whether these are stored online or offline, two basic wallet types can be distinguished:

  • cold wallets and
  • hot wallets

The distinguishing feature here is the factor “connection to the Internet”. Cold wallets keep the private key offline. This means that the private key is at no time connected to the Internet and therefore cannot be stolen by hackers. In contrast, hot wallets store your private key on a device that is at least temporarily online. This exposes it to hackers and phishing attacks. However, this does not mean that your private keys will inevitably be stolen at any time, but there is a greater risk due to the lower security level.

This is why investment companies and exchanges with large amounts of capital store their crypto assets in cold wallets. These provide the safest way to store your DASH. In our opinion you should set an example by this and buy a DASH hardware wallet or set up a paper wallet.

Hot wallets can also be divided into three further categories:

  • DASH desktop wallets
  • DASH mobile wallets
  • DASH online wallets
What is the private key and the public key?
A cryptographic method, the asymmetric cryptography, is used for the secure use of cryptocurrencies. This method is characterized by a key pair consisting of a private key and a public key which are used for the encryption. Both keys have an important meaning of their own.

Your private key is the access key to your cryptocurrency. Your private key shall therefore never be passed on to third parties, as it can be used to send DASH. The public key is used to create the DASH wallet address (the wallet address is a hash version of the public key) and is no secret.

How can I send private transactions with DASH?

First of all, you should know that not every DASH transaction is anonymous. PrivateSend is required for this! The PrivateSend transactions are performed by the Masternode network and use coin mixing. As part of the procedure, the total amount to be sent is divided into several partial amounts of identical sizes and then mixed with other addresses and PrivateSend transactions by the Masternodes.

This means that the sender and receiver can no longer be identified. In contrast to coin mixers, which can be found on the Internet, DASH offers the decisive advantage that no third party has to be trusted, but only the network of Dash Masternodes.

The best DASH hardware wallets put to the test

DASH hardware wallets offer the best possible protection to keep your DASH coins safe. You can also use a paper wallet to get offline protection. To send Dash, however, you must use a hot wallet. Your private keys will then be temporarily in contact with the Internet, which is why the paper wallet should be recreated afterwards. Hardware wallets, with which you can also carry out transactions, are much more practical. Thus they offer the crucial advantage that your private keys never come in connection with the Internet.

The private keys are stored in a separate partition of the hardware wallet. This makes it almost impossible for hackers to steal the private keys and gain access to the wallet. Even if your DASH hardware wallet is stolen, there are other security measures that need to be overcome first (unlike the paper wallet). All hardware wallets presented below offer the option of setting up a PIN and 2-factor authentication. It is therefore very well protected even in the event of theft.

A hardware wallet costs a little money. However, in our opinion, the investment is worth a lot. You’ll be upset if you don’t buy a hardware wallet if your DASHs are stolen. The following overview shows you an overview of the advantages and disadvantages of DASH hardware wallets:

The advantages of DASH hardware wallets are:
✅ Hardware wallets offer the best possible protection available
✅ Your private keys are stored offline
✅ Ledger and Trezor support over 1,250 cryptocurrencies
✅ The well-known manufacturers provide security updates on a regular basis.
✅ Fast and reliable customer support

The disadvantages of DASH hardware wallets:
Acquisition costs will be incurred
❌ No deposit insurance, as with eToro

The best 3 Hardware Wallets in 2019
Hardware WalletInfoTest
Ledger Nano X kaufen

⚡ OUR test champion: The Ledger Nano X
✅ Manage 100 cryptocurrencies simultaneously
✅ Compatible with more than 1,100 cryptocurrencies
✅ Bluetooth connection for mobile wallet
✅ New flagship of the market leader
⛔ Price: 119,90 € - in the middle range

Testbericht lesen

Read our review

Ledger Nano S kaufen

⚡ Best price/performance ratio: The Ledger Nano S
✅ Very good Price: 59,90 €
✅ Compatible with more than 1,100 cryptocurrencies
✅ Proven quality: more than 1.3 million units already sold
⛔ Manage max. 5 cryptocurrencies simultaneously

Testbericht Ledger Nano S

Read our review

Trezor Model T kaufen

⚡ 3rd place: The Trezor Model T
✅ Over 1,000 cryptocurrencies supported
✅ Proven quality from Trezor
✅ Firmware is not installed on the device until you start it
⛔ In comparison to the Nano X: less features and functions 
⛔ High price: about 180 €

Testbericht Trezor Model T

Read our review

1.Ledger Nano X – the best DASH hardware wallet

We have tested more than 8 different DASH hardware wallets and found the Ledger Nano X to be the test winner: The Nano X is the successor of the Ledger Nano S. Compared to its predecessor, the Nano X has been given some new features and functions by the manufacturer. For example, the Nano X has a Bluetooth function, which means that the wallet can also be used as a mobile DASH wallet.

In addition, the internal memory of the device has been increased, allowing more than 100 different cryptocurrency apps to be installed simultaneously. In addition, the display of the Nano X has also been enlarged so that wallet addresses can now be displayed completely without scrolling.

Bottom line: The new features as well as the strong security make the Nano X the best DASH wallet available on the market today. Setup and operation are kept very simple, making it also ideal for beginners.

Supported cryptocurrencies
The Ledger Nano X can store the private keys of over 1,250 cryptocurrencies. Ledger is also constantly working on expanding its portfolio.
Operation
Installation and setup are quick and easy. There are innumerable instructions that show step by step how everything works in detail. The Ledger Nano X is therefore also ideal for beginners.
Transparency & Fees
The Ledger Live software is open source and therefore testable for everyone. Only the code of the operating system is kept secret for security reasons.

Use of Ledger Live software is free of charge. The manufacturer does not charge any fees. Only for sending transactions the normal DASH network charges apply. These are displayed clearly and transparently.

Security
The security of the wallet can be classified as outstandingly good. Currently there is no wallet out there that offers a better security. Ledger is regarded as the absolute benchmark in the industry. This is why the company was able to establish partnerships with well-known companies such as Switcheo, Neufund or blockchain.com.

The Bluetooth function was heavily criticized after the introduction of the Nano X. However, the company immediately clarified that the private key or the recovery seed will not be transferred and are completely secure. The buttons on the device must be pressed to confirm each transaction. There is no greater security. 

2.Ledger Nano S

The Ledger Nano S is the predecessor of the Ledger Nano X and costs only 59 Euro (at the time of writing). However, it offers a similar safety standard as the Nano X. To date, there are no documented hacker attacks in which cryptocurrencies could be stolen. Overall, the NANO S offers a fantastic price-performance ratio and is also ideal for beginners. If you don’t want to spend so much money on the Nano X, then the Nano S is the perfect DASH hardware wallet for you.

Supported cryptocurrencies
The Nano S is used with the Ledger Live software, which can be downloaded and used free of charge from the manufacturer. The internal memory is limited to 5 apps, so you can manage 5 cryptocurrencies at the same time. You can of course uninstall and swap apps so that you can manage all 1,250 cryptocurrencies. Your account balance will not be lost!
Operation
The setup as well as the following operation of the Nano S is very easy, so that the wallet is also suitable for beginners. Operation is via the Ledger Live software and the two buttons on the top of the wallet.
Transparency & Fees
The Ledger Live Software is open source and can be reviewed by anyone. Only the code of the operating system is kept secret for security reasons.

For sending transactions, the normal network charges are incurred, which are clearly displayed in Ledger Live. Depending on the priority, the costs can be adjusted accordingly.

Security
The security of the Ledger Nano S is particularly high. Ledger technologies are considered the absolute benchmark in the industry. Even large companies like Switcheo, Neufund or blockchain.com use Ledger’s software to keep their customers’ money safe. 

3.Trezor Model T

The Trezor Model T is a direct competitor of the Ledger Nano X and the successor of the Trezor One. It has many new features, such as a new color touch display and an improved security chip. Furthermore, significantly more cryptocurrencies are supported, including DASH.

In addition, the software provided by Trezor, Trezor Bridge, has been revised. In addition, the user interface is now even easier and more intuitive to use. In contrast to other cryptocurrencies, DASH can be managed directly via the software without the need for third-party software. Overall, the Trezor Model T has the following new functions:

  • Touchscreen: The Trezor Model T has been equipped with a 4 inch color touch display. It reacts immediately to touch and feels high-quality.
  • Firmware update: Trezor Bridge now supports significantly more cryptocurrencies. In addition, both the user interface and security have been further improved.
  • New security chip: The Model T has a new processor that is faster than its predecessor and provides smoother operation.
  • Micro SD card slot: By using an SD card, the data can be encrypted.
  • USB-C port: The old USB port has been replaced by the new USB-C industry standard.

Conclusion: The Trezor Model T is one of the best DASH hardware wallets currently available on the market. In our opinion, the new functions as well as the high security standard justify the comparatively high price of 180 Euros.

Supported cryptocurrencies
The Trezor Model T supports more than 1,100 different cryptocurrencies. DASH can be managed directly through the Trezor Bridge software. You can find out which cryptocurrencies require third-party software under this link.
Operation
The setup and operation of the Trezor Model T is quick and easy, making the Dash wallet ideal for beginners.
Transparency & Fees
The Trezor Bridge software is completely open source and can be viewed and checked on GitHub by anyone.

The use of the software is completely free of charge, Trezor does not charge any fees. The transaction fees are displayed clearly and transparently in the software. Depending on the priority of the transfer, these can also be set manually.

Security
Trezor is one of the oldest manufacturers of hardware wallets on the market. To date, no documented case is known in which cryptocurrencies could be stolen. Security can be classified as particularly high.

The best DASH desktop and mobile wallets

Both mobile and desktop wallets belong to the category of hot wallets, as devices which are in connection with the Internet are used to manage the cryptocurrencies. After the hardware wallets, they offer the highest protection for DASH. Compared to web wallets, they offer a higher level of protection, as the private keys are not stored on a company server, but on the user’s PC or smartphone.

However, the wallets presented in this section differ once again in terms of security and functionality. In addition, there are so-called multi-coin wallets that support not only DASH, but many other cryptocurrencies. Furthermore, all the desktop and mobile wallets presented here have one thing in common: they are free of charge and can be set up quickly and easily. 

The advantages of DASH desktop and mobile wallets are:
✅ Your Private Key will be stored on your Smartphone or PC
✅ Highest security standard among the free wallets
✅ You can access your DASH from anywhere in the world by the Internet
✅ Multi-coin wallets support over 100 cryptocurrencies
✅ There are no costs for download or use

The disadvantages of DASH desktop and mobile Wallets:
❌ Your private keys get in touch with the internet temporarily
❌ Private keys can be stolen using malicious software
❌ Updates must be installed independently, regularly
❌ No wallet provider offers deposit insurance, e.g. eToro

The best Dash wallets for desktop and Smartphone
  1. Dash Core Wallet (Windows, MacOS, Linux)
  2. Dash Android / iOS (Android, iOS)
  3. Atomic Wallet (Windows, Linux, MacOS, Android, iOS)
  4. Jaxx Liberty Wallet (Linux, Windows, MacOS, iOS and Android)
  5. Coinomi Wallet (Windows, Linux, MacOS, iOS and Android)

1.DASH Core Wallet

Dash Wallet

The DASH Core Wallet is published by the official developers of DASH. As a result, it is not only very safe, but also has many features that set it apart from multi-coin wallets. The wallet supports the following functions:

  • PrivateSend
  • InstaSend
  • Governance, Masternode and some other management functions.

PrivateSend allows you to send anonymous transactions. PrivateSend uses coin mixing to mix the different inputs of one user with those of two other users without the Dash leaving its own wallet.

InstaSend enables the user to send a transaction immediately, completely without waiting time. Dash wants to compete with transaction systems such as credit cards in a matter of seconds without having to rely on a central authority. The technical basis for this are the Masternodes, which can call a quorum to confirm that a transaction is valid. If the transaction is valid, the Masternodes “lock” the inputs of the transaction and pass this information on to the network. This ensures that the transaction is entered in the next block.

Despite these advantages, the Dash Core Wallet also has a big disadvantage. The wallet is a full-node wallet requires that the entire DASH blockchain is downloaded (well over 10 GB). In addition, the wallet must be continuously synchronized with the blockchain. Accordingly, you need enough memory and computing power to run the wallet.

Bottom line: With PrivateSend and InstandSend, the DASH Core wallet offers two very powerful functions. However, you must be aware that it is a full node wallet! Therefore it is our top recommendation for you if you are technically well equipped and want to actively participate in the Dash ecosystem. Otherwise, there are more user-friendly wallets, which we will introduce you to below.

You can download the wallet from the official website (click here!).

Supported cryptocurrencies
The Dash Core wallet only supports the cryptocurrency Dash.
Operation
The download and the following setup is fast and easy. The user interface is designed intuitively so that even beginners will quickly find their way around the wallet.
Transparency & Fees
The wallet can be downloaded for free without prior registration. The use is also possible free of charge. Only for sending transactions the normal network fees are charged.
Security
The security of the Dash Core wallet can be classified as particularly strong. The Dash Community is constantly developing it further and providing it with new security features. Your private keys are stored locally on your PC, so only you have access to your DASH.

2.Dash Wallet Android / iOS

dash wallet android ios

In addition to the Dash Core Wallet, the developers of the cryptocurrency also offer a standalone wallet for Android and iOS. Both versions support various Dash specific functions, including contact management and InstandSend. However, both versions do not offer support for PrivateSend. In return, they offer the advantage (compared to the Core Wallet) that it is a light client that does not require the download of the entire blockchain.

A further function of the Dash Android and iOS wallet is the possibility to scan QR codes and with that enabling faster transactions. Otherwise, the wallet can be backed up and restored, you can pay with it by NFC and a paper wallet can be imported. It is also important to know that the Dash Android and iOS wallets do not require registration and do not use a web service or cloud service. The wallet is decentralized and peer-to-peer.

Supported cryptocurrencies
The Dash Android and iOS wallets only support the cryptocurrency DASH.
Operation
Both, the download and the setup work like a normal smartphone app. The operation is self-explanatory, so even beginners should quickly find their way around the wallet.
Transparency & Fees
The wallet can be downloaded for free without prior registration. The use is also free of charge. Only for sending transactions the normal Dash network fees are charged.
Security
The security of the Dash Core wallet is very strong. The Dash Community is constantly developing it further and providing it with new security features. Your private keys are stored locally on your smartphone. The wallet is completely decentralized and peer-to-peer.

3.Atomic Wallet

Atomic Wallet

The Atomic wallet belongs to the multi coin wallets and supports DASH and 300 other cryptocurrencies. It is developed and offered for download by the founder of the platform changelly.com. One more reason for the popularity of the wallet is that it concentrates on three core requirements of the crypto market:

  • security,
  • anonymity and
  • decentralization.

According to these requirements, your private keys are stored locally on your smartphone or desktop PC. There is no registration before the download. In addition, no indication of personal data is necessary. The wallet realizes decentralization by supporting Atomic swaps. This allows users of the wallet to exchange cryptocurrencies peer-to-peer without a third party acting as an intermediary (exchange). However, Atomic swaps are not supported for all cryptocurrencies. For those, the service of Changelly or ShapeShift can be used.

Important: The Atomic wallet supports neither InstaSend nor PrivateSend! You can download the wallet on the official website (click) for Windows, Mac, Ubuntu, Debian and Fedora.

Supported cryptocurrencies
The Atomic wallet supports more than 300 different cryptocurrencies and all ERC20 tokens besides DASH.
Operation
The wallet can be downloaded and set up easily and quickly. The subsequent operation is intuitive, making the wallet ideal for beginners.
Transparency & Fees
The Atomic wallet is an open source wallet that integrates a blockchain explorer and other components.

There are no fees for the use. The usual blockchain fees only apply for sending transactions. For the use of Atomic Swaps and the services of Changelly and Shapeshift the respective service providers charge extra fees.

Security
During the setup of the wallet no personal data will be requested. In addition, all data is encrypted and transmitted anonymously. Your private keys are only stored locally on your PC or smartphone. Only you have access to your cryptocurrencies.

4.Jaxx Liberty Wallet

Jaxx Liberty Wallet

The Jaxx Liberty wallet can manage more than 80 different cryptocurrencies, including DASH. The wallet was developed by the company of Anthony Di Iorio, a co-founder of Ethereum, and is updated regularly. The wallet does not only have a prominent developer, but also a lot of helpful functions:

  • latest news,
  • current market data and
  • a multi blockchain explorer

In addition, the security of the wallet can be rated as very good. Your private keys are stored locally on your PC or smartphone. No one but yourself has access to your private keys. You can also create a backup that can be used for recovery. This is useful if you lose or break your PC or mobile phone. There is also much praised customer support that can be contacted 24 hours a day.

Important: The Jaxx Liberty wallet supports neither InstaSend nor PrivateSend!  You can download the wallet from the official website (click this link!).

Supported cryptocurrencies
Über 80 Kryptowährungen: 0x, Aion, Aragon, Augur, Bancor, Bankex, Basic Attention Token, BCH, Binance Coin, Bitclave, Bitcoin, Bitcoin Cash, Bitcore, Blockmason, BOXX, Brickblock, Civic, Cofoundit, Creditbit, Dash, Dentacoin, DigiByte, DigixDAO, Dogecoin, DomRaider, DPP, Edgeless, Enjin Coin, ETC, Ethereum, FirstBlood, Flixxo, Fuel, Gnosis, Golem, GRS, Helbiz, Huobi, Iconomi, iExec, Insureum, LIF, Link, Litecoin, Loom, Maecenas, Matchpool, MCI, MCO, Melonport, Metronome, Mithril, MobileGO, Monaco, NEO, OmiseGo, Paypie, Po.et, Polymath, Presearch, RCN, RLC, RBCH, Santiment, Scanetchain, Sense, SHIP, Shivom, SONM, Status, Storj, Storm, Stox,SWT, TenX, Tokencard,Ucash, Unikoin, Viberate, WAX, Wings, Worldcore, Zap, Zcash
Operation
The wallet can be downloaded for free. The setup as well as the following operation is very easy, so that the wallet is also suitable for beginners.
Transparency & Fees
The wallet can be used free of charge. The provider does not charge any fees. Only the normal network charges of the DASH blockchain apply for sending transactions.
Security
The security of the DASH wallet is strong. Your private keys are stored locally on your PC or smartphone so only you have access to them. You can also create a backup phrase to restore your wallet.

5.Coinomi Wallet

Coinomi Wallet

The Coinomi Wallet is a multi coin wallet that supports more than 275 cryptocurrencies besides DASH. The wallet can be downloaded as desktop or mobile version for iOS and Android. The use of the wallet is completely free of charge. It is also praiseworthy that Coinomi attaches great importance to a high level of user privacy.

So both your private keys and your transaction data are only stored locally on your PC or smartphone. A special feature is that your IP address is encrypted and is not stored on an external server. Another feature of the wallet is the connection to the cryptocurrency exchange Coinomi. This allows you to buy and sell all cryptocurrencies directly from the wallet without going through another exchange. Nevertheless, we also have one point of criticism to make: It is not possible to set up two-factor authentication.

Furthermore the Coinomi wallet does not support InstaSend nor PrivateSend! You can download the wallet from the official website (click on this link).

Supported cryptocurrencies
The wallet supports DASH and more than 275 different cryptocurrencies.
Operation
The setup is done within a few minutes. The user interface is simple and intuitive, so that the wallet is also very suitable for beginners. There is also a direct connection to the Coinomi exchange.
Transparency & Fees
The software of Coinomi was publicly available for a long time. In 2018, however, Coinomi postponed the project as a closed source. This doesn’t mean their code is malicious. However, a certain amount of transparency has been lost as a result.

There are no fees for the use of the wallet.

Security
The security as well as the privacy of the users’ data can be classified as very good. Your private keys are stored locally on your PC or smartphone, so only you have access to your private keys.

Important note: The Coinomi wallet was never hacked before 27 February 2019. On this day a critical bug was discovered for the Coinomi desktop wallet. However, this bug was fixed very quickly by the Coinomi team. You can find further details here.

The best online wallets for Dash

Dash online wallets are very popular because they do not require an installation, only a registration to set them up. In addition, they offer the advantage that the user interface is normally simple and clearly laid out.

It is important to know that there are basically two different types of online wallets: Exchange wallets and DASH specific online wallets. All known cryptocurrency exchanges such as Binance, Coinbase or eToro are online wallets, as you can store Dash and other cryptocurrencies on them by setting up an account. The main advantage is that an account can be set up without major problems and detours. You can also set up additional security features, such as 2-factor authentication.

However, be aware that you are surrendering control over your private keys. You have access to your DASH with your password, but you have to trust the exchange completely regarding the storage of the privacy key. Since cryptocurrency exchanges were popular targets for hackers, we recommend that you keep your DASH on an exchange wallet only as long as you actively trade it.

The advantages of DASH online Wallets:
✅ Only an Internet connection is required for access
✅ Trading of cryptocurrencies out of the wallet
✅ Easy setup and registration
✅ Setting payment limits
✅ Very good customer support through exchanges, such as Binance

The disadvantages of DASH online wallets are:
❌ Lowest security standard
❌ Private keys are stored by the exchange or the website operator
❌ Cryptocurrency exchanges are popular targets of hackers
❌ Danger of fake wallets and exit scams

The best Dash online wallets
  1. My Dash Wallet
  2. Guarda Dash Wallet
  3. Litebit exchange wallet
  4. Binance exchange wallet

1.My Dash Wallet

The My Dash wallet is a web interface that gives you direct access to the Dash blockchain. The setup is quick and easy as only an account, username and password are required. The wallet was developed by DeltaEngine.net and allows full control over your own private keys. These are not stored on an external server (as with other online wallets).

It is also pleasing that the My Dash wallet supports the functions InstantSend and PrivateSend. As an online wallet, it is also compatible with Trezor’s and Ledger’s hardware wallets and allows you to create a local Key Store wallet Dash.

To set up the wallet online, you should visit the official website at this link.

Supported cryptocurrencies
The wallet only supports the cryptocurrency Dash.
Operation
The setup of the wallet is quick and easy. A manual is not necessary, because all steps are self-explanatory on the website. Beginners will have no problems using the Dash wallet.
Transparency & Fees
The wallet can be used completely free of charge. There are no other fees, except for the network fees for sending transactions.
Security
The My Dash wallet offers very good protection for an online wallet. Especially the connection to a hardware wallets of Ledger and Trezor is an interesting possibility to use InstaSend and PrivateSend also with the security of a hardware wallet. 

2.Guarda web wallet

The Guarda wallet is a multi-coin wallet that supports over 50 different cryptocurrencies, including Dash. The Guarda Dash wallet can be used as web wallet, desktop wallet, mobile wallet and as Google Chrome extension. Depending on how important your safety is to you, you can choose the wallet that suits you best. The desktop or mobile Dash wallet offers you the greatest security.

To set up the web Wallet, all you need to do is create an account and log in. This is enough to manage your DASH. However, you do not have access to your private keys, but must trust the provider blindly. The security of the wallet can therefore be classified as medium (in the web wallet version!).

You can create an account on the official website and immediately manage your dash (click here!).

Supported cryptocurrencies
The wallet supports more than 50 different cryptocurrencies, including Dash, Bitcoin, Ethereum and some other known cryptocurrencies.
Operation
The web wallet can be set up quickly and easily. The user interface is intuitive and logical, so even Dash beginners will find their way quickly.
Transparency & Fees
The wallet can be used free of charge. There are no fees (apart from transaction fees).
Security
The wallet provides basic protection. For greater security, you can use the desktop or mobile version of the wallet. If you use the web Wallet, you do not have access to your private keys and must trust the provider completely. Also, hackers have a potential point of attack.

3.Litebit Dash web wallet

Litebit

Litebit is a exchange from the Netherlands that offers a web wallet for Dash as well as direct trading, buying and selling of Dash. The trading platform is clearly structured and an account can be set up quickly and easily. Litebit also offers the possibility to set up the 2-factor authentication and thus additionally secure your account.

Nevertheless, when using the Dash web wallet, be aware that you do not have access to your private keys, but delegate management to the exchange. You have to trust the exchange completely with that. To date, there are no known hacker attacks in which they were able to steal cryptocurrencies. Nevertheless, always remember that there is a real risk.

You can register an account here under this link*.

Supported cryptocurrencies
Litebit offers the storage and trading of over 50 different cryptocurrencies. This also includes the cryptocurrency Dash. The portfolio is constantly being expanded.
Operation
It is very easy to create an account on Litebit. All you have to do is enter a username and password. Afterwards you can already log in to your account. The user interface is intuitive and clearly laid out. Even beginners will quickly find their way around the platform.
Transparency & Fees
The use of the Litebit wallets is free of charge. Only for sending transactions the usual network charges of the blockchain apply.
Security
Litebit has not yet been hacked. Accordingly, security can be classified as good. Remember, however, that you are surrendering control of your private keys. You have to trust the protection of the exchange completely.

4.Binance Wallet

Binance

Binance is one of the most secure cryptocurrency exchanges in the world. Binance offers trading and storage of Dash and over 150 other cryptocurrencies. There is no charge for storing Dash. Furthermore the trading fees are low. Registration is quick and easy. It is pleasing that no personal data must be applied. Only if you want to buy Dash or other altcoins by credit card, you have to reveal more information about yourself. Otherwise there is a daily deposit and withdrawal limit of 2 Bitcoin.

Binance is generally regarded as one of the best and safest exchanges in the world. Nevertheless, the exchange was hacked in May 2019 where hackers stole a total of 7,000 BTC. At the time, Binance compensated all users from its own financial resources. Still, you shouldn’t count on that. We therefore recommend that you only store your Dash on Binance as long as you actively use it.

If you would like to set up an account with Binance, you can do so via this link* (click!).

Supported cryptocurrencies
Binance supports more than 150 different cryptocurrencies, including Dash. Binance also regularly adds new coins to its portfolio.
Operation
Setting up an account is very easy and fast. As described above, you do not need to provide any personal information about yourself. The deposit and withdrawal limit is then 2 bit coins. The user interface can be a bit confusing for beginners. In our Binance guide, we explain how to use the exchange correctly.
Transparency & Fees
There are no fees for the use of the Binance wallets. If you trade with Dash, Binance charges a fee of 0.1%. You can reduce this fee by using Binance Coins (BNB) for trading. You can also find out more about this in our Binance tutorial.
Security
The security of the exchange can be classified as very good. It is possible to set up 2-factor authentication or confirmation by SMS. Nevertheless, you should be aware that Binance has also been a victim of a hacker attack in the past.
Summary
Dash online wallets as well as Dash exchange wallets provide basic protection. The highest protection of all online wallets is offered by the My Dash Wallet, which in combination with a hardware offers a very good protection and also allows the use of PrivateSend and InstaSend! 

Additional information about our test of the Dash wallets

We have compiled the available information in this article based on our own experience and hours of research. However, you should try different Dash wallets to find the perfect one for you.

If you have any questions or criticism about our Dash review, please leave us a comment. We’ll be glad to help you. If the contribution has helped you, please rate our article positively by clicking on the stars.

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About Author

Collin Brown

Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.

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