Holding Dash in an exchange wallet
In addition to the wallets above, you also have the option of storing Dash in a wallet on a cryptocurrency exchange. If you’re planning on using those coins in a trade, this is a convenient option that guarantees quick access to your funds.However, storing cryptocurrency on an exchange is not recommended for a couple of reasons. Not only do exchanges typically control the private keys to wallets, but they’re also a common target for hackers. With this in mind, it’s typically safer to move your funds to a secure wallet which you control.
For more on which exchanges allow you to buy and store DASH, read our handy guide.