DENT Exchange is the mobile data market place where buyers and sellers trade with each other in mobile data, prepaid top-ups, and voice minutes, or trade DENT against BTC.

DENT Exchange the engine of the DENT ecosystem

The DENT Exchange is also the “engine” of the DENT ecosystem as transactions triggered from within the DENT apps (or other related platforms) are automatically executed on the DENT Exchange. Think about…

• A DENT app user buys a product on the marketplace (mobile data, or prepaid top-up).
• A DENT app (or a DENT Teams) users buys an eSIM data plan.
• A DENT app user buys a DENT bundle (Buy DENT feature with 4 packages between $3.99-$99.99).
• A DENT app user gets free DENT as a referral bonus or reward for completing tasks (Earn Tab).

For example, if a DENT app users buys an eSIM data plan and pays via Paypal with dollars, the system automatically buys the required number of DENT on DENT Exchange via the DENT/BTC pair.

Or the moment, a user gets rewarded with free DENT, the system automatically buys the necessary DENT on DENT exchange.

As extra feature you can use DENT Exchange to manage (deposit and withdraw) DENT inside the Afterburner Vault. Read or separate blog post about all ins and outs about the Afterburner Loyalty Program.

DENT Exchange Supported Countries

Of course, you’ll need first access to DENT Exchange. Unfortunately, due to different legal policies with respect to cryptocurrency exchanges, this access is restricted to inhabitants of 43 countries. So, check the DENT Product Availability Matrix to see what you can do in your country, but for your convenience, here is the current list of DENT Exchange supported countries…

Argentina	Hungary	Portugal
Australia	Iceland	Singapore
Austria	Ireland	Slovakia
Belgium	Italy	Slovenia
Brazil	Japan	South Africa
Canada	Kenya	South Korea
Croatia	Liechtenstein	Spain
Cyprus	Luxembourg	Sweden
Czech Republic	Malta	Switzerland
Denmark	Mexico	Turkey
Estonia	Netherlands	Uganda
Finland	New Zealand	United Kingdom
France	Norway	Uruguay
Germany	Paraguay
Greece	Poland

DENT Exchange Account

So, if you live in one of these countries, you can register yourself for a DENT Exchange Account. To get approved as DENT Exchange user, you have to pass the so-called KYC procedures (Know Your Customer). This can take some days and depends if you deliver all necessary information (as a copy of your passport) the right way (and whether or not you respond quickly with respect to possible questions).

Once approved, your DENT Exchange account is automatically connected with your DENT App. So, you can log into both applications with the same user ID (your mobile phone number) and password. To protect your DENT balance, 2FA (2-factor authorization) is required for using DENT Exchange.

Trading Mobile data and prepaid top-ups on DENT Exchange

Out of the 56 countries, where DENT Apps users can buy mobile data or prepaid top-ups for, DENT Exchange users can trade in these products for 31 countries. While for the other countries, DENT app users buy them directly from DENT Wireless inside the DENT App.

Check out (our own created) DENT Products Availability Matrix to see all tradeable on non-tradeable countries and supported carriers.

Per “tradeable” country, you can at least trade one data or prepaid top-up package for at least one operator. But most of the times there are more than one carrier per country (113 Carriers in total) for which you can trade several different data/prepaid top-ups. Take Brazil for example…

Source: DENT Exchange (click on this link to see the live overview, and from there you can click on an operator link to see the live trading screen)

In this example, there are 6 local operators in total. For all of them, you can trade in 1 prepaid top-up (dominated in BRL), while for carrier Oi you can also trade in 4 different data packages (10MB-200MB).

Watch this demo video to see the main DENT Exchange features…

DENT Exchange — The Marketplace for Global Mobile Data

How do new packages come on the DENT Exchange?

Initially, all these packages are bought by DENT Wireless in bulk amounts (from either data access middlemen or directly from local providers) and are sold on the exchange to traders.

From that moment, an active market between traders exist where traders buy and sell from each other, and set their prices in the order book (bid-ask prices).

However, most of these packages are bought by DENT App users who often buy (just) 1 package to activate and use himself (or the user can send the bought package to a friend via the DENT App).

A DENT app user doesn’t see all the sell orders in the order book (aka market depth). He only sees the current best ask price (i.e. the lowest minimum price that a particular trader/seller wants to get).

If a package is bought on the market place by a DENT app users who wants to activate and use the product, the product is taken of the DENT Exchange and be automatically delivered to the buyer. And of course, the seller receives the related DENT.

On the other side, a DENT App user can’t see all the buy orders, but only the best bid price for just the package he owns (has bought earlier and didn’t activate yet). So, most of the times a DENT App user won’t sell a package but prefers to activate and use it (or send to a friend).

So, you maybe ask “If DENT Wireless brings all the packages on the market and the DENT app user (eventually) buys them, why is there a marketplace?

I mean, traders want to make a profit. Hence, by allowing traders to set prices higher, what’s the benefit for DENT Wireless and App users?

And why are some packages tradeable and others non-tradeable (i.e. directly offered by DENT Wireless to App users inside the app)?

The answer is that the original plan was to allow local telcos to offer and trade packages on DENT Exchange directly via the tradingdesk.

However, for reasons unknown, the telco tradingdesk is not live yet.

Hence, all packages are nowadays introduced and sold by DENT Wireless, allowing them to sell a bunch of packages at once to traders, and get paid immediately (instead of having to wait and get paid later until App users will eventually buy these packages).

And it’s also to DW’s management to decide which packages are tradeable or non-tradeable.

Trading Voice Packages on DENT Exchange

A DENT App user can buy International Voice Calling bundles (25, 50, 100 minutes) for 141 countries.

On DENT Exchange only 7 countries out of them are tradeable. However, there is almost no volume in these voice packages, so not worth your time to investigate any further.

Note: as DENT Wireless (in theory) can bring an “unlimited” number of these voice bundles on the DENT Exchange, they can set and determine the price at any level they want (due to unlimited supply). Hence, no need for trading in Voice Packages.

As the volume in data packages and voice packages trading is getting lower and lower as described in this post INSERT LINK, traders have left the exchange, and it isn’t that interesting anymore to become a trader.

So, what’s left?

Use DENT Exchange for the Afterburner Loyalty Program, or for…

Trading DENT/BTC pair on DENT Exchange

(Note: there is the option to sell DENT against ETH and BNB as well, but these pair have no volume, so won’t be discussed further)

By clicking on this link, you can see the live DENT/BTC trading in action.

As you can see the exchange has all the “basic” trading features as:

• Order book.
• Recent transactions.
• Buy/Sell order entry widget.
• Open orders – Order history widget.
• Historical chart.

And “basic” management features. Under the “Assets Tab”, you can:

• See your total Balance (DENT, BTC, Mobile packages).
• Deposit (DENT or BTC).
• Withdraw (DENT or BTC).
• See your Pending orders.
• See your Transaction history.

It’s interesting to know that the quotes of the DENT/BTC pair have 11 BTC “decimal” digits. So, the common 1 sat (the 8th BTC digit behind the dot) is further divided in thousands of 1 sat.

Of course, this leads to an improved liquidity as there is a huge percentage difference between a bid-ask spread of 0.00000002-0.00000003 BTC, or a spread of 0.0000000211-0.0000000213 BTC.

Also, there is always volume on DENT Exchange in the DENT/BTC pair as every minute products are being bought inside the DENT Apps, or free DENT incentives are given, that result in automatic purchases of DENT on DENT Exchange.

And usually the Market Maker keeps the bid-ask spread reasonable (or otherwise would be challenged to adjust and shrink by smart arbitrators).

So, actually, DENT Exchange is an excellent place to buy/sell DENT for BTC.

What fees do you have to pay for DENT Exchange transactions?

DENT Exchange charges a 0.1% fee for all transactions (trades and withdrawals).

(Note you can get up to 75% discount on your trading fees if you lock up DENT inside the Afterburner Loyalty Program).

But there are some restrictions you should be aware of:

• Daily ($1,000) and Monthly ($5,000) “total” withdrawal limits for both BTC and DENT counted up together in USD dollar amounts. These are rolling limits, not calendar month. So the system will calculate all your withdrawals of the past 24 hours or 1 month from the time you intend to withdraw. If you have surpassed the limit within that period a further withdrawal will be denied.
• Minimum BTC withdrawal limit of 0.05 BTC.
• Access to DENT Exchange is only possible for inhabitants of 43 countries, see the full list of available countries our DENT Product Availability Matrix. And users have to pass KYC procedures.

Announced and wanted new features

As per the roadmap 2020-2021, these new features have been announced:

• [Q1-Q2 2021] Launch Data Trading for eSIM on Exchange and on Mobile.
• [Q1-Q2 2021] Launch a major update on DENT Exchange to enable new kind of trading experience for mobile assets.

Below some features we want DENT Wireless to change with respect to DENT Exchange:

• Increase the daily ($1,000) and monthly ($5,000) withdrawal limits.
• Decrease minimum 0.05 BTC withdrawal limit (for example to 0.01 BTC).
• Optional: introduce DENT/stablecoin trading pair to minimize risks of having to put your “money” into either Dent or BTC (only necessary if limits are not increased – see prior point).
• Stop trading features (i.e. delisting) for local carrier data packages as long as there is no telco trading desk. This avoids inflated prices by traders who buy up the whole supply and can “set prices as high as they want”.
• Use DENT Exchange data trading only for trading of unused data (eSIM and local carriers).
• Allow users from more than the current 43 countries to open an account on DENT Exchange.
• Introduce an Auction marketplace for selling unused eSIM data (Read the section at the bottom of this article The future of Selling and Trading of (Unused) Mobile Data).

Since the launch of DENT Exchange at December 31, 2018, the exchange had no major issues and was always accessible (except for some maintenance periods), and showed to be robust in any market situation. And in all cases, when there were some hiccups (as page speed load), the support and development team managed to get it sorted out fast.