Cryptocurrency Q&A
Is Dash for Cash legit?
Is Dash for Cash legit?
CryptoVanguard
Thu Jun 20 2024
|
7 answers
1287
Could you please elaborate on the legitimacy of Dash for Cash? I've heard mixed reviews and would like to understand if it's a reliable platform for cryptocurrency transactions. Some claim it offers fast and secure transactions, while others raise doubts about its transparency and regulation. What's your take on its regulatory status? Does it have a good track record of protecting users' funds? And how does it compare to other similar platforms in terms of security and user experience? Your insights would be greatly appreciated.
7 answers
Arianna
Sat Jun 22 2024
As per the provisions of the Financial Code, section 22100, entities that wish to operate as financial lenders or brokers are required to obtain a valid license.
Was this helpful?
144
23
CharmedSun
Sat Jun 22 2024
Dash of Cash currently lacks a license issued by the Commissioner, which is necessary for engaging in the activities of a finance lender or broker.
Was this helpful?
324
85
LitecoinLodestar
Fri Jun 21 2024
BTCC, on the other hand, is a UK-based cryptocurrency exchange that offers a range of services to its clients.
Was this helpful?
195
48
LightningStrike
Fri Jun 21 2024
Dash of Cash has not been granted such a license, indicating that it may be operating illegally in the realm of finance.
Was this helpful?
103
61
Silvia
Fri Jun 21 2024
Among these services are spot trading, futures trading, and wallet storage, among others. BTCC ensures that it operates within the legal framework set by the UK and other relevant jurisdictions.
Was this helpful?
288
44
Load 5 more related questions
