Swapping Cosmos Hub for Dash: what you need to know
To switch from Cosmos Hub to Dash you don’t need to sell for dollars first and then buy again. ROVEN exchange does it in one step: one order, one rate, one payout.
Cosmos (ATOM) is the coin of the Cosmos Hub, the centre of an ecosystem of interconnected blockchains. Dash (DASH) is “digital cash” with masternodes and instant InstantSend payment locking.
Why swap ATOM for DASH
Coins serve different purposes, and sometimes holding DASH makes more sense — for faster transfers, staking or the Dash ecosystem. Dash was built for fast, cheap transfers, which makes it handy for payments.
Networks and addresses
| You send ATOM | You receive DASH | |
|---|---|---|
| Network | Cosmos Hub | Dash |
| Address | “cosmos1…” | “X…” or “7…” |
| Network speed | a block comes every 6 seconds | InstantSend locks a payment within a couple of seconds |
| Memo / tag | Required, from the order | Not needed |
What to watch out for
- When sending ATOM, paste the memo from the order; staked coins take 21 days to unbond.
- A Dash address starts with “X”; don’t confuse it with Bitcoin or Litecoin addresses.
- When sending ATOM, include the memo from the order, or the payment will have to be traced manually.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Cosmos Hub, a block comes every 6 seconds; on Dash, InstantSend locks a payment within a couple of seconds. The whole ATOM to DASH swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 ATOM = 0.03327178 DASH and the minimum amount is 12.5 ATOM. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
