Kraken is pleased to announce support for Dash (DASH). Dash is the fourth most valuable digital asset by market cap and recently experienced a huge surge in price (6x gain) and trading volume (10x gain). Dash has one of the fastest growing peer-to-peer networks and supports both \u201cprivate\u201d and \u201cinstant\u201d payments. The open source Dash protocol is self-funded and self-governed, meaning that the Dash network funds its own development and anyone can present their idea to the network. Dash coin supply is limited to 22 million, with the current available supply at the time of writing around 7.22 million.
\n\u201cWe\u2019re excited to have Dash added to Kraken\u2019s trading platform. As more people begin to take interest in our growth, we hope Dash rises to meet our expectations as one of the most highly traded cryptocurrencies on the platform, while simultaneously providing Kraken clients with the value they\u2019re looking for.\u201d \u2013 Dash Core Team
\nWhich DASH pairs will be available for trading?
\nDASH\/USD (Dash \u2013 US Dollar)
\nDASH\/BTC (Dash \u2013 Bitcoin)
\nDASH\/EUR (Dash \u2013 Euro)
\nMargin Trading: possibly coming soon!
\nHow do I deposit DASH to my Kraken account?
\nGo to Funding > Deposit > DASH and click \u201cGenerate New Address.\u201d Then send DASH to this deposit address from any DASH wallet.
\nWill DASH be available on the new trade platform?
\nYes! To trade DASH on Kraken\u2019s new trade platform, go to Trade Kraken and click \u201cConnect\u201d to log into your Kraken account. Select the DASH\/USD currency pair from the drop-down menu in the upper left of the screen below the Kraken logo. See our previous blog post for more information on getting started with the new trade platform.
\nWhich Dash payment types will Kraken support for withdrawal?
\nNormal withdrawals (fee = 0.005 DASH)
\n\u201cInstant-Send\u201d withdrawals (fee = 0.01 DASH) \u2013 Please note that while \u201cInstant-Send\u201d withdrawals may be faster than normal withdrawals, they will take several minutes at least to move through Kraken\u2019s system and may take another 15 minutes after that if the destination doesn\u2019t recognize \u201cInstant-Send\u201d payments.
\n\u201cPrivate-Send\u201d withdrawals \u2013 NOT supported at launch.<\/p>\n