Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
110110101
on 09/08/2016, 07:42:37 UTC
Advice time

Say that I want to cashout a (minor) amount of my Dash coming from my nodes into €

Right now, this process is extremely long and costs a lot. The best option looks like:

- I move my Dash from my wallet to an exchange, i.e. Polo
- I buy BTCs
- I move these BTCs to an exchange that operates in €, i.e. 247exchange (best option IMHO right now for €)
- I buy €
- I Cashout €

All the above passages cost some money, in some cases actually a huge % that makes absolutely suboptimal to change less than 1K€ (and even there it's bad).

Am I missing something? Is there a better way?

Also, what about FIAT gateways project?

Thanks in advance

Unfortunately Dash is too small of an accepted currency to be used directly, so the only option, in most cases, is to go through Dash -> BTC -> Euro, or optionally Dash -> USD -> Euro. I had a quick check but did not find any good Dash<->Euro options. I have the same problem with my local currency so I have just chosen to use BTC if I need to withdraw in my local fiat currency. If you do find a good option, please let us know!