Convert
Israeli New Shekel (ILS) to Dent (DENT) Instantly
Purchase Dent (DENT) with Israeli New Shekel (ILS) 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 ILS/DENT trading pair represent and what is its primary function?
The ILS/DENT trading pair indicates the exchange rate between the Israeli New Shekel (ILS) and the DENT token. Its primary function is to provide a direct fiat on-ramp for users in Israel to acquire DENT, an ERC-20 token that powers the Dent Wireless ecosystem. This allows for the purchase of digital assets like eSIMs and mobile data plans directly, disrupting traditional roaming fees by leveraging a blockchain-based mobile data market. -
Where can I buy DENT tokens using Israeli New Shekel (ILS)?
You can buy DENT with ILS on cryptocurrency exchanges that support ILS deposits and list the DENT token. While a direct ILS/DENT pair might be less common, a typical route involves using a regulated Israeli exchange to deposit ILS via a local bank transfer, buying a major cryptocurrency like BTC or ETH, and then trading it for DENT. Always ensure the platform has strong security measures and complies with KYC/AML regulations. -
What are the common payment methods to fund an account with ILS for a DENT transaction?
To fund a cryptocurrency exchange account with ILS for a DENT purchase, the most common methods include direct Israeli bank transfers and credit/debit cards. Bank transfers are often preferred for larger amounts due to lower fees, while card payments offer speed and convenience. It's crucial to check the exchange's fee structure for ILS deposits and any associated processing times before initiating the transaction. -
What is the strategic advantage of having a direct market between ILS and the DENT mobile data token?
A direct market between ILS and DENT enhances accessibility for Israeli users to the global mobile data market powered by Dent Wireless. It removes the friction of multiple conversions, potentially lowering transaction costs. This fiat gateway encourages local adoption of the DENT App for purchasing global data plans and eSIMs, which can help avoid expensive roaming fees and contribute to the overall liquidity and network effect of the DENT ecosystem. -
What key factors should I verify before converting my Shekels to DENT?
Before converting ILS to DENT, verify the liquidity of the trading pair on your chosen exchange to minimize slippage. Review the order book to understand market depth. Since DENT is an ERC-20 token, ensure you have a secure, EVM-compatible digital wallet ready for withdrawal. Finally, be aware of both the exchange's trading fees for the ILS/DENT transaction and the potential Ethereum network gas fees required to move your digital asset off the platform.
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