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How to buy Ethena (ENA) Guide

Updated on:  2024/07/16 02:43:57(UTC+0)
Coin rating
4.5
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In this tutorial, we will discuss:
1
Where and how to buy Ethena
2
Alternative methods to obtain Ethena
3
Methods to obtain Ethena for free
4
What are the applications of Ethena
5
Market stats to assist in determining optimal times for purchasing Ethena
6
How to safely store your Ethena
7
How to withdraw Ethena

Where and how to buy Ethena

Investing in Ethena has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Ethena. Here's a step-by-step guide on how to buy Ethena on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Ethena order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ethena order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Ethena is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Ethena order.
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How to buy crypto via third-party gateway
Buy Ethena via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Ethena order.
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How to buy crypto on Bitget P2P
Buy Ethena with your Bitget account fiat balance: You can Deposit fiat funds with 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 Ethena order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Ethena in your Bitget spot account

If you've chosen to purchase Ethena on Bitget, your Ethena will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Ethena

In addition to purchasing Ethena directly, there are numerous other ways to obtain Ethena.

Convert crypto to Ethena with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Ethena. Just choose your available crypto assets, specify the amount for the Ethena swap, confirm, and check Ethena instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Ethena with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Ethena anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Ethena.

Methods to obtain Ethena for free

Using real money to buy Ethena is not the only way to obtainEthena. If you have the time to allocate, you can get Ethena for free.
Learn how to earn Ethena for free through the Learn2Earn promotion
Earn free Ethena by inviting friends to join Bitget's Assist2Earn promotion
Receive free Ethena airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Ethena through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Ethena Price Page and bookmark them to stay updated!
Ethena
Ethena Price Now:
ENA / USDT
$0.47
+0.06
+15.75%24H
The live Ethena price today is $0.47 USD with a 24-hour trading volume of $436588.14 USD. We update our ENA to USD price in realtime. ENA is 15.75% in the last 24 hours.
Are you planning to buy ENA?
See if other users are buying ENA:
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A welcome pack of 6200 USDT for new Bitgetters!
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How to buy Ethena in other countries?

You can easily buy Ethena (Ethena) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Ethena in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-07-16.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Ethena?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Ethena

Many users hold on to their Ethena with the expectation of it increasing in value. You can store your ENA safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Ethena

You can trade Ethena for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Ethena trading to meet your needs.

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Send Ethena

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Ethena online and send to anyone and anywhere with their Ethena address.

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Spend Ethena

You can also buy goods and services with your Ethena. More and more vendors and retailers accept Ethena every day.

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Donate Ethena

Bitget Charity accepts Ethena donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Ethena so no one misses out on the growth made possible by blockchain.

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Learn More About Ethena

You can read more in-depth articles on Ethena from Bitget Research and study how cryptocurrencies like Ethena work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Ethena

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Ethena facts from our Bitget Academy articles. Learn why people buy Ethena today!

What is Ethena (ENA)?

Ethena is a protocol that operates on the Ethereum blockchain and offers a crypto-based alternative to traditional banking infrastructure for handling money. Additionally, it provides a globally accessible savings instrument called the "Internet Bond," denominated in dollars.

How Ethena (ENA) Works

Ethena uses a collateralized approach to issue USDe, where stETH is held as collateral at a 1:1 ratio. They also hold short positions on ETH which is a hedge to protect the collateral. When the market goes long, Ethena profits from the funding rate on their short position, which is the reward for holding options that short the market. They then pass on the yield from the funding rate and the native yield from the steth to usde holders in the form of yield.

How Many Ethena (ENA) Tokens Are in Circulation?

ENA has a total supply of 15,000,000,000. The current circulating supply of ENA is 1,425,000,000.

How to Buy Ethena (ENA)

Consider investing in Ethena (ENA)? It only takes 2 minutes to create an account on Bitget and start trading ENA.

Check out the available ENA trading pairs on Bitget!

Spot market

ENAUSDT

Ethena (ENA) Resources

Official Website

Official Documents

How to safely store your Ethena

Many investors opt to hold onto their Ethena for long-term investment. Safeguard your Ethena with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Ethena wallet at Bitget.

How to withdraw Ethena with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Ethena or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Ethena you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy Ethena (ENA) Guide

FAQ
How do I purchase Ethena?
Nowadays, you can purchase and store Ethena hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Ethena. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Ethena?
In theory, Ethena can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Ethena?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Ethena?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Ethena?
The best place to buy Ethena is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Ethena right now?
You should make a decision on purchasing or investing in Ethena or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Ethena online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ethena instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Ethena purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.