Dent Wireless Limited aims to decentralize this control and reduce the world’s dependence on service providers. Dent wants to stop the service providers’ monopoly and create a worldwide network where the world’s mobile data can be freely traded as a commodity. The first step to buying Dent is to find a popular and reliable cryptocurrency exchange where the DENT token is listed. Cryptocurrency exchanges are not bound by international or national law.
- The project allows the users to avoid purchasing different SIM cards depending on their travels or have to worry about overpaying for plans or roaming services anymore.
- I have read about dentcoin and would like to invest, but can’t seem to find out how to buy it?
- We will also analyse the long term use cases for the DENT tokens and whether they could ever face long term adoption.
- Dent Wireless has several key partnerships, including Africa-based Basic Internet Foundation, Samsung Blockchain wallet, and G+D Mobile Security.
- If you trade on Binance, you’ll only have to pay a small transaction fee for using Binance’s exchange.
Where can you store DENT tokens?
Click on the withdraw DENT option in the exchange, choose the network (ERC-20 Ethereum), add your wallet’s public address, and hit send. Of course, it is crucial to note that investing in cryptocurrency can be risky, as coin prices are incredibly volatile. With full isolation between private how to buy dent coin keys and your computer/mobile, Ledger Nano cryptocurrency wallets keep your keys secure and give you complete control over your tokens. Monitoring price fluctuations in large cryptocurrencies like Bitcoin and Ethereum can give you an idea of the cryptocurrency market sentiment.
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Dent network uses Substrate, a modular framework for building blockchain environments, to create a functional, fully operative, and secure ecosystem. Dent is hosted on the Ethereum network and Ethereum-based smart contracts, thus being secured by the blockchain. As Dent price becomes more attractive than the conventional mobile industry prices, more users flock to Dent. According to the company whitepaper, there is a maximum supply of 100 billion DENT tokens. The total circulating supply at the time of writing is 93,690,412,211 DENT tokens. Cryptocurrencies are speculative and investing in them involves significant risks – they’re highly volatile, vulnerable to hacking and sensitive to secondary activity.
Trade, Sell or Convert your Dent
MyEtherWallet features a simple setup and mobile app, allowing most users to create their account and get started transferring their tokens in as little as a few minutes. DENT is looking to take mobile data and turn it into a commodity by creating a global marketplace that allows anyone to buy and sell mobile data, regardless of which telco it comes from. They have created their own DENT exchange to facilitate this and claim 13.5 million worldwide users already. WazirX is a cryptocurrency exchange based in India that allows users to buy, sell, and trade various cryptocurrencies. The platform offers a user-friendly interface to trade crypto, making it one of the best options for beginners and retail traders. To safeguard and keep track of your keys, you can use online or offline wallets.
Enter the 6-digit code from your authenticator app
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. The safer choice are specialized hardware wallets that store private keys offline.
DENT is up 11.16% against Ethereum and down -0.89% against Bitcoin in the last 1 month. Dent is also secured by nodes and virtual operators – the greater the number of nodes and operators, the higher the security level. PoS mechanism excludes the process of mining requiring a proof-of-work algorithm (PoW), which is often criticized for high energy consumption.
What is the Maximum Token Supply of DENT?
