Beginners Guide to DENT DENT Cryptocurrency Review

Throughout 2018, Dent expanded its services to numerous other countries, actively growing its partnership network with various telecom providers. Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer.

Popular Tokens on the Ethereum Chain

Binance is the best choice when it comes to trading Dent with fiat currencies. The benefits of PoS consensus mechanisms are many, but the most prominent include increased scalability and reduced electrical and computing power consumption. Considering this, many platforms are looking to utilize the Ethereum blockchain to launch their products. Dent is one of the pioneer projects to launch an ERC-20 token back in 2017. All shipments are processed within 1 business day of receiving cleared payment.

Hong Kong’s Shaky Crypto ETF Debuts Dent Global Hub Aspirations

It has successfully launched its iOS app in December 2017, followed by the release of the Android app in 2018. In December 2018, Dent also started the Dent Exchange, a web application allowing users and telcos exchange data using cryptocurrencies and fiat. The top 5 markets where Dent is used the most are Indonesia, Bangladesh, Philippines, Kenya, and Myanmar. Dent’s integration of eSIM technology also enhances the user experience within its Mobile Data Marketplace, facilitating more seamless exchanges of mobile data packages and services. Users can easily select from a wide range of data packages offered by various telcos, with the flexibility to choose the best-suited plan for their needs. Dent (DENT) was founded in 2014 by the CEO and founder of DENT Wireless company, Tero Katajainen, together with the entrepreneur Mikko Linnamäki.

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Here you can find list of all DENT exchanges where you can buy and sell Dent, trade DENT with other cryptocurrencies including stablecoins, and fiat currency. You can search by exchange name to find how to buy dent coin out if DENT is available on your desired crypto exchange. 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.

What Are Normal Fees for Decentralized Exchanges?

The good news for these telcos is that DENT even provides a way for them to participate, thus avoiding the possibility of becoming irrelevant in a new global marketplace of mobile data. 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. The remaining 30% of the DENT tokens were allocated to the company, designated for purposes such as telecommunications acquisition, incentivizing users, covering salaries, and other operational needs.

What is DENT cryptocurrency?

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The first Hong Kong exchange-traded funds investing directly in crypto have so far failed to spark the kind of excitement https://www.tokenexus.com/ that greeted rival US products, a blow for the city’s push to foster a preeminent digital-asset hub. Tero Katajainen is the company’s CEO and the mastermind behind all tech at DENT. Previously, he co-founded multiple Internet startups and also holds a Master of Science degree in Electrical Engineering. Steve has been writing for the financial markets for the past 7 years and during that time has developed a growing passion for cryptocurrencies.

• Currently, the best Dent exchange to buy DENT is Binance, which saw $ 1.24M worth of Dent trading volume in the last 24 hours.
• In particular, 70% of the DENT tokens were earmarked for presale and token sale, with any unsold tokens remaining within the company.
• The most popular exchange to buy and trade Dent is Bitunix, where the most active trading pair DENT/USDT has a trading volume of $70,352.16 in the last 24 hours.
• The key to any currency maintaining its value (and creating more) is adoption.
• Binance is the best choice when it comes to trading Dent with stablecoins.
• This milestone aligns with DENT’s ongoing efforts to revolutionize the mobile data industry using blockchain technology.

Through the project, you can then cash in on your unused data as it is returned to the mobile operator once your plan has expired. Dent wants to solve these problems through their platform, app, and native ERC-20 token called DENT. 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.