What is Kwenta (KWENTA)?
Kwenta is a decentralized trading platform on Optimism that was released in 2022 and uses the Synthetix protocol to offer real-world and on-chain synthetic assets.
How Kwenta (KWENTA) Works
Kwenta offers four main services:
- Spot exchange, which enables users to exchange tokens and synth assets in a secure and decentralized way. Users maintain full control of their assets during the exchange process, and the swapped assets are sent directly to their wallet address.
- A decentralized Perpetual Futures platform that offers up to 25x leverage, near-instant transactions, deep liquidity, and access to limit and stop market orders. It also plans to expand to real-world assets.
- Staking KWENTA tokens to earn staking rewards and voting power. Staked KWENTA gains voting power within the system and earns inflationary rewards, with additional rewards for staked wallets that have trading activity. Staking is only available on the Optimism L2 Network.
- DAO for governance.
How Many Kwenta (KWENTA) Tokens Are in Circulation?
The total supply of KWENTA token, the native token of the Kwenta used for governance and staking, is infinite. That being said, 167,346 KWENTA tokens are in circulation.
How to Buy Kwenta (KWENTA)
Consider investing in Kwenta (KWENTA)? It only takes 2 minutes to create an account on Bitget and start trading KWENTA.
Check out the available KWENTA trading pairs on Bitget!
Spot market
Kwenta (KWENTA) Resources
Simple 3-step guide to buying KWENTA today in Mongolia
Create your free Bitget account
Select a funding method
Complete your Kwenta purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Kwenta using a payment method of your choice:
Buy Kwenta with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Kwenta order.
How to buy crypto with credit/debit cardBuy Kwenta with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Kwenta is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Kwenta order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Kwenta order.Buy Kwenta with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Kwenta order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Kwenta in your Bitget spot wallet
Bitget—where the world trades Kwenta
How to buy Kwenta for free
- Learn how to earn Kwenta for free through the Learn2Earn promotion
- Earn free Kwenta by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Kwenta airdrops by joining On-going challenges and promotions
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FAQ
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Mongolia is the second largest landlocked country in the world, covering an area of 1,564,116 km2. It is also the most sparsely populated sovereign nation with a population of 3.3 million. Located in East Asia, Mongolia lies next to Russia to the north and China to the south.
From the dry Gobi Desert in the south to the cold, mountainous regions in the north and west, the country has varied topography and climate. The capital city is Ulaanbaatar, and other major cities/towns include Darkhan, Erdenet, and Choibalsan. No matter where you are in the country, you can easily trade cryptos with the official currency, Tögrög (MNT), on the Bitget platform. The exchange allows you to flexibly choose among a series of secure payment options, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
When you arrive in Mongolia, you can ride camels in the Gobi desert - the second largest desert in the world, ride valiant horses in the Gorkhi-Terelj National Park, or enjoy the marvelous Gandantegchenling Monastery. The official language of Mongolia is Mongolian.