How to buy Dent online

Buy Dent online

Dent was created to revolutionise the mobile data industry. It aims to reduce data roaming fees, making data more accessible around the globe. It also lets users monetize their unused data, which is sold back to the operator. 

This guide will help you understand the fundamentals of the token and how you can buy Dent online. 

Best platforms to buy Dent- 2021

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
2
Minimum Deposit
$250
Exclusive Promotion
User Score
8.1
Trade the global markets. Trade with real-time execution and professional tools
Follow and copy Naga's top traders who have mastered their trading strategies
Free personal account manager
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Minimum Deposit
$50
Exclusive Promotion
User Score
7.5
Over 4 million customers worldwide
Buy, sell and trade nearly 200 digital assets
Verified within 15 minutes

What is Dent?

The Dent Platform is built on the Ethereum blockchain and uses a native ERC-20 token. The platform offers mobile data packages in the form of smart contracts. These contracts are already available for iOS and Android devices and are used by over 7 million people around the world. 

Dent uses a peer-to-peer network to change the way the telecom industry works. Firstly, it eliminates the existing cost of data roaming. Most of these costs are due to the routing setups used by telcos. Secondly, individuals and telcos can trade mobile data with DENT. Lastly, individuals using DENT can automate the buying process using the DENT exchange. This exchange will allow them to get the best price based on their location. 

DENT was founded by the CEO of Dent Wireless Limited, Tero Katajainen in 2014. Before founding Dent, Katajainen had previous experience in the internet startup niche and also holds a Master of Science degree in Electrical Engineering. The development of DENT was also supported by Mikko Linnamaki, a serial entrepreneur and a co-founder of DOVECOT. 

The developers felt it was their responsibility to ‘liberate’ the mobile data industry by allowing users to buy, monetize and spend their data in any way they want. This new vision has already created a $4.8 billion market, adding a new level of flexibility when it comes to mobile data usage and plans. 

The current price of DENT is $0.007244. It has a market cap of $717,302,642 and a current supply of 99 billion. It has a total supply of 100 billion and a fully diluted market cap of $725,073,164. The token reached a high of 0.08 in 2018, though has not since bounced back to such prices. 

Buy Dent now at our preferred partner

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Pros

  • Dent has already been adopted by millions of people around the world. It has a proven track record and has the potential to revolutionise an industry. Many people are tired of expensive phone contracts. Dent is a great alternative to help these individuals. 

Cons

  • The biggest downside of Dent is the controversy regarding the distribution of tokens. The ICO distributed 70 out of 100 billion, however only 8.6 billion were sold. The unsold tokens were released back to the team. This creates worry amongst investors about centralization and the potential for telcos to buy a large % of available tokens. 

How does Dent work?

DENT is built using revolutionary new technology that allows users to exchange their mobile data. The key components are the DENT Exchange, Ethereum smart contracts, a mobile app, website and virtual operators. 

The Dent Exchange is a trading platform with its own stock market, forex trading market and other similar options. In the exchange, users and telcos meet and conduct deals using the Ethereum blockchain. The market is made up of 7 unique components: instrument repository, pricing data, portfolio management, market maker algorithms, order management, order execution, and DENT Exchange parachain.

The Dent website and mobile app help market users to see their order book, review price history, place orders and quote feeds. The app is a simplified version of the website, however is still extremely useful for users to top up. To top up, Ethereum smart contracts execute the transfer of Dent in accordance with market actions. 

Virtual operators act as market makers. They provide several data packages for users and work as payment gateways for conventional Premium-SMS/USSD data pack deals. They facilitate three types of transactions:

User-to-user data transactions.

P2P international data package transfer in roaming situations.

Initial Data Offerings (IDO) by telcos.

Now that you know what DENT is and how it works, you can use one of the brokers above to buy DENT. However, if you’re still unsure on how to get started, continue reading!

How to buy Dent online

DENT tokens are not currently available on many popular exchanges. At the moment they can be traded on CoinGecko and Uniswap.

Here’s a step-by-step guide on how to buy DENT online:

  1. To buy DENT you will need to start by signing up to MetaMask wallet and buy Ethereum on any popular exchange. Make sure the ETH is in your wallet and head over to Uniswap. 
  1. Search for DENT on the Uniswap platform and select the number of tokens you want to buy. 
  1. Click trade and confirm your transaction in your wallet. Once this has gone through, DENT will replace your ETH. 

Congratulations, you’ve just bought your first Dent!

Top platforms to buy Dent

1
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
CopyPortfolios: Innovative, fully managed investment strategies
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
2
Minimum Deposit
$250
Exclusive Promotion
User Score
8.1
Trade the global markets. Trade with real-time execution and professional tools
Follow and copy Naga's top traders who have mastered their trading strategies
Free personal account manager
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Minimum Deposit
$50
Exclusive Promotion
User Score
7.5
Over 4 million customers worldwide
Buy, sell and trade nearly 200 digital assets
Verified within 15 minutes

How to trade Dent

DENT is not commonly traded amongst investors. Its value is currently very low, which makes it weak when compared to currencies such as Ethereum (ETH) and Bitcoin (BTC). Therefore it is not popular in the crypto trading community.