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How to buy Dash with USD using CC or Paypal???

Discussion in 'Exchanges' started by Kolomona, May 9, 2016.

  1. Kolomona

    Kolomona New Member

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    Is there an easy way to just buy some Dash Coin??

    All I want to do is purchase one messily coin. Why is this so difficult?

    I should be able to go to a website, give them my money in the form of paypal, credit card or debit card and in a few moments a Dash Coin should show up in my wallet?

    I shouldn't have to jump through a bunch of hoops like buying bitcoin, joining an exchange then transferring to my Dash wallet. This seems ridiculous.

    Am I missing something? Is there an easy way to do this?
     
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  2. rustycase

    rustycase Active Member

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    I am feeling the same frustration...
    And I do believe Evan has adressed a need for improvement in ramping up the 'fiat gateway to DASH'.

    I looked at 'purse' options for spending DASH, and the alternate view would be, if you wish to purchase DASH at an 8% to 25% premium on the transaction, you can purchase goods with your fiat and they will send you DASH. IMO, that's a pretty big hit !

    Presently I'm looking at coinbase and poloniex where it seems both wish me to make a deposit which shall be applied to BTC, and after some period of time, I could convert that to DASH... All for a fee, which I would not begrudge any merchant expending their effort dealing with the fiat banking system.

    There is just not a lot of information easily available for a newbie who is interested in crypto, yet conservative with risking their hard earned fiat for an intangible.

    YMMV
    rc
     
  3. methusaleh

    methusaleh Member

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    One option is in the thread 'Opening OTC Trading To Community' In the 'General Discussion' forum. No huge mark ups or wait times with that approach but depends if you're comfortable with it or not I guess.

    Don't know what I'm doing wrong but I can't post a link to it here atm.

    Haven't used it myself yet but I plan to. Hope this helps
     
  4. raganius

    raganius cryptoPag.com
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    I'd like to know a simple way to buy DASH in the US. I regularly receive wire transfers from some clients there, and some of them would really like to use DASH, instead of the banking system, but the moment they went to Coinbase (to buy btc, in order to exchange it into DASH), they found it too complicated and bureaucratic, and they gave up :/

    Actually, they didn't even want to use Coinbase. They complained of all the "sensitive info" it demands on user registration. And if there was a fiat-DASH gateway in the US it would not be very different, anyway.

    ... our problem here, actually, is the government: too many "regulations". As it seems, in the US it is much harder to abandon fiat, maybe more than in other countries.

    P2P exchange could be the solution, but it is not really a simpler solution, because of trust, etc.
     
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  5. fible1

    fible1 Well-known Member
    Dash Core Team Masternode Owner/Operator

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    @raganius Circelpay serves more countries than coinbase, perhaps that would be better for some of your clients.

    Pablo.
     
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  6. raganius

    raganius cryptoPag.com
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    Thanks. It's actually a good suggention.

    What people usually do not like about Conibase is having to give them the bank password. On hearing it, I always instruct them about the "deposit verification", but in the end people just give up... Maybe the "normal people" want to try the cryptocurrencies, but they actually are not willing to "move mountains" at this point. And, as it seems, Coinbase interface is of no help, I don't know why.

    I'll suggest Circle now, and see the results.
     
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  7. rustycase

    rustycase Active Member

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    I don't even know IF I have an account password ! Got one for the debit/visa card... but that is 3.99% + ?
    It is awkward. and should not be... and I don't wish to spend my fiat on btc, just so I can swap it for DASH when all the clearance stuff is done.
    Nor do I wish to cut loose an outrageous premium with a purse type transaction where I must discount my crypto so someone gets a bargain at my expense.
    Difficult to get into... probably comfortable once you are established. I suppose it's that way with just about everything... rc
     
  8. rustycase

    rustycase Active Member

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    This link clearly shows Why we need a fiat to DASH gateway...

    http://fiatleak.com/

    it's got an interesting animated graphic...

    With most the mining in china, subsidized, we very much need to make a significant bid for decentralized mining so we are not eternally dependent upon others.
    IMO


    Best
    rc
     
  9. halso

    halso Active Member

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    I used to believe FIAT gateways was a key priority. But now im not so sure.

    The thing that has changed is the integration of shapeshift in virtually on crypto wallets.

    Its now possible to move in and out of coins without even setting up an account on an exchange.

    re: centralised mining, there are plans for collaterised mining down the track, which, in theory should allow for resolution of centralisation.

    But thats possibly 2/3 years away based on the latest response from Evan on the topic.

    The problem might solve itself anyway, as i believe ASICs are hitting there physical boundries in terms of speed / power. So the mining race might even out in the next year or two.
     
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  10. fible1

    fible1 Well-known Member
    Dash Core Team Masternode Owner/Operator

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    I think fiat gateways are crucial, but they have to be reasonably priced. For example, I used to have to wire Bitstamp, then go to Poloniex and convert to Dash. Now I just go to SpectroCoin.com and buy with my debit card. The issue with this is that Spectro charges a little over 6% on Dash purchases over spot (and a little under 3% for Bitcoin purchases); so if I want to buy a large amount I still need to go Bitstamp to Poloniex; but on-borading family and friends for a few bucks has gotten a lot easier.

    I rambled a bit but my point is that the cheaper our fiat gateways become to use (as opposed to having more), the better.

    Pablo
     
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  11. darkzero

    darkzero Member

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    bitsquare.io is also an alternative, check it out
     
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  12. rustycase

    rustycase Active Member

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    Of course... it's ALL about the fees, and security.

    Same topics always paramount when dealing with ledger units !

    In my view, it's almost as if we need a significant philanthropist devoted to the cause who is willing to devote their resources to decentralized banking.

    And THAT, would be one rare bird in the forest !

    Best
    rc
     
  13. P4ndoraBox7

    P4ndoraBox7 New Member

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    I'll create a topic after I get my 3 posts, stay tuned on my profile ill create a post with link. Youll be able to buy btc with prepaid credit card.
     
  14. efundz1

    efundz1 New Member

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    Have to agree with Pablo, spectrocoin is the better option for smaller transactions, but the fees add up as transactions get larger.

    used to love circle but we know how thats turned out. Another option is to get the bitcoins with coinify and shapeshift, I like the mobile jaxx and coinomi wallets (integrated shapeshift) , just use coinify (3%) to buy the BTC direct to your mobile wallet / existing wallets then convert within the app or with shapeshift directly.

    ntil later

    Jim
     
  15. cryptorretje

    cryptorretje New Member

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    Just use another cryptocurrency.
    I used Monero, cuz it is already bloating like hell, should keep an eye on the Veltor tech aswell
     
  16. pimpofdash

    pimpofdash New Member

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    Have you guys ever heard of Wall of Coins? I guess it is a Bitcoin exchange that is now offering DASH. Wanted to know what you guys think about it.
     
  17. efundz1

    efundz1 New Member

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    its been advertised a few times on the dash detailed show, however as there are no traders nearby cant say i have any experience with them

    ntil later

    Jim
     
  18. pimpofdash

    pimpofdash New Member

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    Ah ok. I would like a cash to DASH method. Like LBC but for DASH.
     
  19. efundz1

    efundz1 New Member

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    yes and there is dashous, cant remember their address, but a google search should help
     
  20. pimpofdash

    pimpofdash New Member

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    Ah ok. I will look into dashous; thank you. I really like WOC. Seems like a decent interface
     
  21. pimpofdash

    pimpofdash New Member

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  22. DAOMN

    DAOMN Member

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    I like Wall Of Coins. I've bought several times there. To get a good price I have to check back often. Sometimes DASH is marked up 10-12%, other times I've found it below par. It is easy to do. Expect to provide ID for larger transactions. It works like bitquick.
     
  23. chris haiden

    chris haiden New Member

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    i think it will be possible through spectrocoin. through which we can be able to buy
     
  24. SpectroCoin

    SpectroCoin New Member

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    We support deposits with CC and e-wallets and other options as well.
    Please check our PLATFORM
    And our BLOG for all updates and existing features/services
     
  25. hyld65

    hyld65 New Member

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    Using paypal
     
  26. DashAC

    DashAC New Member

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    I'd like to know a simple way to buy DASH
     
  27. splawik21

    splawik21 Grizzled Member
    Foundation Member Dash Support Group

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    Hey, depends from where do you come from and if you already have btc or not?
     
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  28. SpectroCoin

    SpectroCoin New Member

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    You can just register with SpectroCoin and deposit with e-wallets, credit/debit card, or bank using SEPA deposits and then exchange the amount to DASH. You can also deposit BTC, ETH, or XEM from any wallet and then exchange to DASH. Please give it a shot and you can get 24/7 assistance by pressing the message icon on the bottom-right corner.
     
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