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
Ethena (ENA) Resources
Buy Ethena in Benin with Bitget
Simple 3-step guide to buying ENA today in Benin
Create your free Bitget account
Select a funding method
Complete your Ethena purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ethena using a payment method of your choice:
Buy Ethena 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 Ethena order.
How to buy crypto with credit/debit cardBuy Ethena with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ethena is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ethena 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 Ethena order.Buy Ethena 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 Ethena 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 Ethena in your Bitget spot wallet
Bitget—where the world trades Ethena
How to buy 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
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Buy Ethena in a different country
Benin, officially the Republic of Benin (French: République du Bénin), and formerly Dahomey, is a country in West Africa. Benin has a population of 12,844,921, and its official currency is the West African Franc (CFA). It will only take you a few minutes to cryptocurrencies with CFA in Bitget using P2P trading and other deposit methods.
The weather in Benin is hot and muggy. The average annual rainfall in the coastal region is 1,360 mm, which is not a lot for coastal West Africa. The two seasons in Benin are wet and dry. The main rainy season lasts from April to late July. From late September to late November, there is a shorter, less intense rainy season. In the south, there are primarily two types of landscape. Mangroves, fallow lands, and the remains of huge holy forests can all be found in Benin. The savanna in the rest of the nation is peppered with enormous baobab trees and coated in prickly plants. Benin has some famous landmarks such as Fondation Zinsou, Marche Dantokpa, Artisanal Center, Fidjrosse beach, Saint Michel church, and Place des Martyrs.
Wherever you are in Djougou, Porto-Novo, Parakou, Ouidah, Cotonou, Natitingou, Bohicon, or any place in Benin, Bitget will be available to provide you with a seamless crypto trading experience. The official language of the Benin Republic is French, and the Bitget website and app are available in French.