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Using a hardware wallet is not a requirement, but it’s a really good idea especially when you’re considering starting a Masternode…
DASH is a two-tiered network which provides a number of capabilities such as InstantSend, PrivateSend, and decentralized governance. It’s this second tier (the Masternodes) which make this possible. To help the network provide these capabilities each masternode must fulfill their requirements.
The most restrictive part of these requirements is the 1,000 DASH capital required. There are other hardware and software requirements and Penny Scavengers is ready to fulfill those requirements.
Don’t send your crypto somewhere that you don’t have access to…like a scammer…checkout these common pitfalls.
Single-Owner Remote-Start Masternodes 50 CHF/ Month With A Yearly Commitment.
Governance and Treasury allows users to determine the direction of the project and 10% of the block reward goes to fund development of the project/ecosystem.
DASH has a long history of focus on speed, privacy, and usability. Currently DASH offers instant transactions with fees less than 1 cent.
Carefully review the information presented here: https://docs.dash.org/en/stable/introduction/safety.html The power of being your own bank aslo comes with the responsibility of acting as the custodian to your own funds. This means taking adequate precautions to safetly purchase, store, and transfer your funds.
Which means that if you send DASH to the wrong address it’s gone forever. An easy way to prevent catastrophe is to send a test transaction. When the person you’re sending to has received the test transaction (normally a much smaller amount), you know that you have the correct address. If you are moving funds between wallets that you own send a test transaction, and then send another transaction back. This second transaction confirms that you do in fact have access to this second wallet.
The simplest method to buy/sell crypto-currencies is to purchase them from an exchange: https://docs.dash.org/en/stable/introduction/how-to-buy.html#exchanges ATM’s are another popular option, and you can find more information here: https://docs.dash.org/en/stable/introduction/how-to-buy.html#atms
ABSOLUTELY. Each and every nation state/territory has their own unique laws and restrictions regarding crypt-currencies , and it’s critical that you understand your tax liability associated with each transaction, and keep a record of each transaction for tax purposes. A number of services exist to help you with this task: