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Before buying DENT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Dent has been performing recently. Positive traders can take a long position and back Dent to go up. Traders with more questions or concerns can short Dent, predicting that it’s going to go down. Sign up here for exclusive discounts, new releases and end of line products.
- Dzengi Сom сlosed joint stock company is a cryptoplatform operator (cryptoexchange) and carries out activities using tokens.
- Bitcoin’s example may be dangerous for some, as it will increase the willingness to throw good money after bad investments.
- And if mobile data products continue to become cheaper, Dent’s overall value will drop too.
- As an investment, you need to think about the competition and follow the news in case more alternatives come onto the market.
- The technical parameters are also suggesting bullish momentum for the upcoming trading days.
Big data packages e.g. 15GB are going to be far cheaper in terms of $ per GB of data. So users could just buy huge packs of data, then sell GB individually on the Dent marketplace. Whilst mobile data is a commodity in Western countries, there’s still a lot of developing countries where mobile data isn’t easy to get.
The user experience: data
If we send the wrong item to you, we will pay for any returns costs and redelivery charges.If your item is lost in the post then we will send out a replacement to you within 10 working days. With increasingly tighter Government regulations on cryptocurrency, more telco competition and the depreciation of mobile data products, there are a lot of threats that Dent can’t control. Dent cryptocurrency is a marketplace, where you can trade mobile data with other people.
- Dent Platform is based on the Ethereum blockchain and has a native token DENT (ERC-20 Standard).
- First, they need to download the DENT app, after which they can then purchase DENT.
- An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Dent.
- So be careful, do your homework, think critically, and only allocate capital you are willing to part with in the cryptocurrency asset class.
- After all, the data will need to be swapped across networks for this to work.
Flexibility and fees are the keys to short term trading, so don’t scrimp on either. At the moment, Dent isn’t available on many brokers, but this might change in the future. When it does, eToro and Robinhood are two of the most popular brokers around. The chart shows that ONE appreciated from around 0.4 cents at the end of 2020 to over the 21 cents level at the end of March, a rise of over fifty times in three months.
What are the best exchanges to buy Dent on?
Whether the digital currency in question is trading at over $65,000 per token or a fraction of a penny, the risk is the same in the burgeoning asset class, no matter what any “expert” may say. The risk of a 100% loss comes with the potential of Bitcoin-type rewards. Meanwhile, the asset class’s rise creates a frenzy of activity as investors and traders look for the next Bitcoin. Harmony https://www.tokenexus.com/derivatives-in-crypto/ (ONE) and Dent (DENT) are two tokens that could be positioned perfectly for this, as each trades for pennies, but have market caps over the $780 million level. You want to hold Dent for the long term if you plan to use its platform to buy mobile data. Or if you think it offers a good alternative to traditional mobile telecoms providers and more people will join in the future.
As an investment, you need to think about the competition and follow the news in case more alternatives come onto the market. The DENT coin’s how to buy dent coin investment prospects depend on the continued growth of the platform. Its sole use at the moment is as a way to buy data on the exchange.
Everyone loves an “inexpensive” investment for three reasons
Also, it lets you monetize your unused data which goes back to a mobile operator as soon as your plan expires. As per the price action, DENT token price is forming a falling wedge bullish chart pattern. The technical parameters are also suggesting bullish momentum for the upcoming trading days. The investor should be cautious until the token breaks out on either side.