Dash Text

in DeFi Universe4 years ago (edited)

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Dash Text

Dash Text is the popular SMS wallet that allows people to send and receive Dash just by texting. It is available in 5 countries and also via Telegram. USA, Brazil, Venezuela, Colombia and Spain. Dash Text is generally known as a service for people without smartphones, a clever solution for those who can’t download a wallet, a tool to broaden the reach of Dash to those unbanked, low income, living in developed countries with poor data reception, people who clearly need Dash as a solution. This was the whole reason Dash Text was created. An SMS Text wallet allows you to send and receive funds if you can access a mobile phone network. This means that when there are electrical power outages which have made transferring cryptocurrency impossible due to no internet, you can still use your mobile phone to send and receive Dash.

How does it work?

The first step to use Dash Text service is to create a wallet. In order to do so we must ;
A. Send a text message to 3457 or 9910 from Venezuela with the word “CREATE”
Or send to 899979 in Columbia or 607-307-DASH from the USA. This creates your DASH wallet address.

B. Using this DASH WALLET address you will be able to send and receive DASH through SMS with no internet needed.

C. To receive funds we give our phone number to another DASH TEXT USER or the address of our Dash Wallet so other users can send us funds.

D. To send funds we must have the phone number of a Dash Text user or the Wallet address of the recipient.

E. To consult the balance of DASH in your wallet or to check the price of DASH in your currency you text the same numbers you used to create your dash wallet the word BALANCE or the word PRICE

Summary

For the Dash community Dash Text is the solution for sending Dash with no internet needed. Through the Dash Text platform you are able to send, receive and check the available balance of your wallet by just sending a text message to the right phone number. With Dash Text it is as easy to send a payment as it is to send an SMS, there are no hard-to-memorize addresses or specific apps to do it, you can send Dash by just typing the phone number of the recipient and the amount of Dash to be sent in order to make the transaction. This is not the first SMS Text program, Coin-Text is another company that started out using only a Bitcoin Cash and now supports Litecoin and Dash. Their platform is fully compatible with Dash Text. They added these coins due to demand from the communities.

This is an example of decentralized finance.

✍🏼 By Shortsegments.

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Good write up. Very good potential addition to our ecosystem.

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