Convert
Nigerian Naira (NGN) to Dent (DENT) Instantly
Purchase Dent (DENT) with Nigerian Naira (NGN) 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.
How to Buy Dent (DENT)
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Frequently asked questions
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What does the NGN/DENT trading pair represent in the digital asset market?
The NGN/DENT pair represents the exchange rate between the Nigerian Naira (NGN) and the DENT token. It allows users to directly purchase DENT, an ERC-20 token designed to create a global marketplace for mobile data, using their local fiat currency. This serves as a crucial fiat on-ramp for Nigerians looking to participate in the data sharing economy powered by Dent Wireless. -
Which cryptocurrency exchanges support buying DENT directly with NGN?
While direct NGN/DENT order books on major centralized exchanges are rare, users in Nigeria can acquire DENT with NGN primarily through peer-to-peer (P2P) marketplaces. On these platforms, you can use Nigerian bank transfers or other local payment methods to buy a base cryptocurrency like USDT or BTC first, and then trade it for DENT. All reputable platforms will require KYC/AML compliance for secure trading. -
What is the core utility of DENT and its relevance to the telco industry?
DENT is the native token for the Dent Wireless ecosystem, a blockchain-based mobile data market aiming to disrupt the telco industry. Its core utility is to enable the buying, selling, and donating of mobile data and eSIM data plans globally. This is particularly relevant for international travelers seeking to avoid high roaming fees and for users in markets looking for more flexible data sharing economy options. -
What technical factors should I consider when trading NGN for DENT?
When converting NGN to DENT, consider the liquidity and trading volume of the pair on your chosen platform, as this affects price stability. Since DENT is an ERC-20 token, ensure you have an Ethereum-compatible digital wallet ready to receive it. Also, be aware of the blockchain transaction fees (gas fees on the Ethereum network) required to move your DENT tokens from the exchange. -
How can I securely store my DENT tokens after completing a purchase with NGN?
For secure storage after a NGN-to-DENT transaction, it's highly recommended to move your DENT tokens from the cryptocurrency exchange to a personal digital wallet where you control the private keys. As DENT is an ERC-20 token, you can use any Ethereum-compatible wallet, such as MetaMask, Trust Wallet, or a hardware wallet like Ledger or Trezor for maximum security against online threats.