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Pound sterling (GBP) to Dent (DENT) Instantly
Purchase Dent (DENT) with Pound sterling (GBP) easily at Switchere and benefit from fast, secure transactions.
About
Dent (DENT)
Dent (DENT) is a pioneering digital asset project leveraging blockchain technology to create a decentralized global marketplace for mobile data. Its primary objective is to disrupt the traditional telecommunications industry by enabling a peer-to-peer network where users can buy, sell, and donate their unused telco assets. Operating as an ERC-20 token on the Ethereum blockchain, Dent utilizes smart contracts to address critical issues like costly data roaming and the forfeiture of unused data allowances. This innovative model aims to liberalize the mobile data market, making global connectivity more efficient, accessible, and transparent for consumers worldwide through its decentralized network.
The DENT token serves as the core utility token and the exclusive currency within the Dent ecosystem, which includes the Dent App and the Dent Exchange. All transactions, from purchasing mobile data packages to acquiring eSIM profiles for roaming-free internet access, are conducted using DENT. This positions the digital asset as the central medium of exchange for tokenized bandwidth. The platform’s integration of eSIM technology is a key feature, allowing users to instantly connect to mobile networks in numerous countries. As a Web3 infrastructure project, Dent is a unique application of a digital ledger to solve a tangible, real-world problem in the multi-trillion dollar telco space.
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Frequently asked questions
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What does the GBP/DENT trading pair represent and how does it function?
The GBP/DENT pair signifies the exchange rate between the British Pound Sterling and the Dent token. It functions as a direct fiat on-ramp, allowing users to purchase DENT, an ERC-20 utility token for the global mobile data marketplace, directly with GBP on a cryptocurrency exchange. This bypasses the need to first convert GBP to another crypto like BTC or ETH, streamlining access to the DENT Wireless ecosystem. -
What are the most common payment methods to buy DENT with Pound Sterling in the UK?
In the UK, the primary methods for a digital asset purchase like DENT using GBP include UK bank transfers via the Faster Payments Service (FPS), which are often fast and low-cost. Another popular option on FCA-regulated exchanges is using a debit card. Most platforms require mandatory KYC/AML compliance before you can link your bank account or card to fund your account with Pound Sterling for a DENT trade. -
After buying DENT with GBP, how do I securely store my tokens?
Since DENT is an ERC-20 token, after your GBP purchase on an exchange, it's critical to move it to a secure digital wallet where you control the private keys. For maximum security, a hardware wallet (cold storage) is recommended for significant amounts. For smaller holdings or active use in the DENT App, a reputable mobile or web-based Ethereum-compatible wallet is suitable. Never leave large amounts of assets on an exchange long-term. -
What kind of fees can I expect when trading the GBP to DENT pair?
Trading GBP/DENT involves several potential fees. First, there's a deposit fee for funding your account with GBP, which varies by method (Faster Payments might be free, while card payments have a percentage fee). Second, the cryptocurrency exchange will charge a trading fee (maker/taker fee) on the order book. Finally, when you withdraw your DENT tokens to a private digital wallet, you will incur an Ethereum network gas fee for the blockchain transaction, which fluctuates based on network congestion. -
Why is having a direct GBP/DENT pair beneficial for UK-based users?
A direct GBP/DENT pair offers significant advantages. It provides a streamlined fiat on-ramp, eliminating currency conversion fees you'd incur by first buying USD or EUR. This can lead to better effective pricing. It also often indicates higher liquidity and trading volume for DENT within the UK market, making it easier to enter and exit positions. This direct access simplifies participation in the DENT ecosystem, such as acquiring tokens to use for eSIM technology and mobile data plans in the DENT App.
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