A portion of the coins were distributed during the Initial Coin Offering (ICO) in 2017, which raised approximately $4.3 million. Others were allocated for partnerships, team members, and ongoing development. In particular, 70% of the DENT tokens were earmarked for presale and token sale, with any unsold tokens remaining within the company. These unsold tokens are subject to a 6-month lockup, with a release of 25% every quarter after that.
In case you purchase cryptocurrency through the card, your purchase will take no time, but the fees will be charged higher than the usual. If you make payment through the bank account transfers, it can https://www.tokenexus.com/ take up to 7 days to receive your coins, but it will surely be cheaper than your card purchase. Because Dent is quite established, you can find it listed on many of the best cryptocurrency exchanges.
Step 4: Set your investment budget
This means that Dent tokens use Ethereum’s network to secure its blockchain, allowing the platform to benefit from Ethereum’s robust decentralized network. The token is integrated into Dent’s platform, so users will need to use Dent tokens to purchase mobile data on its marketplace. Dent, a digital mobile operator that provides eSIM cards, mobile data plans, call minute top-ups, and a roaming-free experience, was launched in 2017. Leveraging the power of blockchain technology, Dent has created a global marketplace for mobile data liberalization. Later that same year, Dent released its mobile app, initially available in the U.S. and Mexico, enabling users to buy and sell mobile data. Throughout 2018, Dent expanded its services to numerous other countries, actively growing its partnership network with various telecom providers.
- The downside is that Bitpanda supports a relatively small amount of cryptocurrencies.
- Dent coins were issued via a crowd sale on July 12, 2017 which lasted until July 26th.
- This seemingly small step has ushered in a significant hike in the market cap of DENT by bringing more coins into circulation and rising its price per token consequently.
- The DENT marketplace gives users the roaming data packages and services they need, including data plans, roaming voice calls, eSIM service, and more.
- Easy data pricing and profound transparency has enhanced its purchase efficiency in a way similar to traditional spot markets.
Because Dent is quite established, you can find it listed on many cryptocurrency exchanges. While we are independent, we may receive compensation from our partners for featured placement of their products or services. To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks.
What is the DENT Coin?
During this period, Dent introduced innovative features like eSIM, making international roaming more accessible and affordable. There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
DENT cannot be bought for fiat money, but you can buy Bitcoin, Tether, or another cryptocurrency and then effortlessly exchange it for DENT on Changelly at a nice price. DENT serves as the essential currency within Dent’s decentralized mobile data marketplace, allowing users to buy, sell, and trade mobile data packages across various operators how to buy dent coin and regions. Its tokenomics is designed to facilitate and incentivize participation within the network. It can be used for purchasing data, accessing exclusive offers, and even unlocking some premium features on the platform. In terms of supply, a finite number of DENT coins were created, ensuring scarcity and potential value over time.
Can I Buy Dent With PayPal?
The DENT organization wants to utilize this data and provide it to those who need bandwidth. DENT is a mobile data operator organization that uses blockchain to provide the service. It enables anyone to buy and sell their extra bandwidth and earn money. The DENT marketplace gives users the roaming data packages and services they need, including data plans, roaming voice calls, eSIM service, and more. The underlying concept of Dent certainly presents an innovative approach to mobile data management. Its integration with various telecom providers and user-friendly interface make it an attractive proposition.
Some exchanges have a minimum buying value, so you need to buy above that given value. Don’t leave your Dent on an exchange, they may be at risk if the exchange platform or your account get hacked. Enter the amount of Ethereum coins you wish to transfer into the “Amount” box. In case you want to transfer everything, you can simply choose the “use max” option.