Buy Wombat Exchange in Canada/

How to buy Wombat Exchange (WOM) in Canada

Updated on: 2025/07/30 15:06:26 (UTC+0)

Coin rating

4.6

Bitget is legally accessible in Canada. You can buy Wombat Exchange in Canada through Bitget.

What is Wombat Exchange (WOM)?

Wombat Exchange is a scalable stablecoin DEX that enables users to swap stablecoins at hyper-efficient exchange rates with minimal slippage and earn optimal yield on their assets via single-staking pools. Wombat removes scalability barriers, adopts an asset-to-liability model to minimize slippage, and has a simple and accessible interface with pure single-token pool design. It provides a foundation for DeFi to build upon with single-token LP tokens, ideal for borrowing and lending protocols and trading platforms.

The project was launched in 2022 and is backed by Binance Labs, Animoca Brands, Shima Capital, Hailstone Ventures, etc.

How Wombat Exchange (WOM) Works

Wombat Exchange utilizes four mechanisms below for the best stablecoin swapping:

- Coverage Ratio is a metric used to gauge the health of a liquidity pool by comparing assets to liabilities. Each stablecoin in Wombat's pools has its own Coverage Ratio, and a higher ratio indicates a lower risk of default. To prevent withdrawal arbitrage from draining the pool, an incentive system is used, offering deposit gains and withdrawal fees. APR is distinct from Coverage Ratio, and Wombat has an Equilibrium Coverage Ratio (ECR) that monitors its liquidity pools' overall health and manages risks.

- Invariant Curve is a mechanism that enables the addition or removal of an unlimited number of assets on demand, creating flexibility in asset weights. It has the ability to reward tokens in the pool with higher buy pressure, thereby improving liquidity. Also, Wombat Exchange allows the provision of single-sided liquidity.

- Global Equilibrium Coverage Ratio measures the coverage of tokens returning to equilibrium. When the pool is close to equilibrium, token exchange occurs similarly to CFMM. Unlimited liquidity is provided near the tail when it deviates from equilibrium, further ensuring the stability of the pool.

- Side Pool and Dynamic Pool are two special pools of Wombat designed for riskier stablecoins, with stricter requirements on volatile assets' coverage ratios and supply limits to ensure safety.

How Many Wombat Exchange (WOM) Tokens Are in Circulation?

WOM is the native token of the platform that powers all transactions. It has 1,000,000,000 in total supply and 38,212,565 in circulating supply.

How to Buy Wombat Exchange (WOM)

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

Check out the available WOM trading pairs on Bitget!

Spot market

WOMUSDT

Wombat Exchange (WOM) Resources

Official Website

Official Whitepaper

Official Documents

Simple 3-step guide to buying WOM today in Canada

Create your free Bitget account

Provide your email address and place of residence.

Select a funding method

Fund your account using your preferred payment method.

Complete your Wombat Exchange purchase

Buy Wombat Exchange with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Please verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, select your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for Wombat Exchange using a payment method of your choice:

Buy Wombat Exchange 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 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.
Add a new card to complete your payment on the Bitget app
Enter 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 Wombat Exchange order.
How to buy crypto with credit/debit card
Buy Wombat Exchange with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Wombat Exchange is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Wombat Exchange order.
How to buy crypto via third-party gateway
Buy 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 Wombat Exchange order.
Buy Wombat Exchange 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 Wombat Exchange 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 Wombat Exchange in your Bitget spot wallet

If you've chosen to purchase Wombat Exchange on Bitget, your Wombat Exchange 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

Bitget—where the world trades Wombat Exchange

Fast and efficient

Our advanced matching engine ensures a lightning-fast, smooth trading experience, making Bitget the go-to platform for speed and reliability.

Top-tier security

With proof of reserves, a dedicated protection fund, and third-party custody mechanisms, Bitget prioritizes the safety of your assets, earning the trust of millions globally.

Ultimate trading experience

Trade cryptocurrencies seamlessly with Bitget's deep liquidity, empowering you to make confident, stress-free transactions every time.

24/7 support

Bitget's dedicated customer service team is available 24/7 to provide fast, professional assistance, ensuring an exceptional user experience.

How to buy Wombat Exchange for free

Using real money to buy Wombat Exchange is not the only way to obtainWombat Exchange. If you have the time to allocate, you can get Wombat Exchange for free.

Learn how to earn Wombat Exchange for free through the Learn2Earn promotion
Earn free Wombat Exchange by inviting friends to join Bitget's Assist2Earn promotion
Receive free Wombat Exchange airdrops by joining On-going challenges and promotions

All crypto airdrops and rewards can be converted to Wombat Exchange through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Wombat Exchange Price Page and bookmark them to stay updated!

Buy Wombat Exchange

0.00%24H

Are you planning to buy WOM?

See if other users are buying WOM:

Yes

Buy other cryptos

Buy Wombat Exchange in a different country

You can easily buy Wombat Exchange (Wombat Exchange) with the lowest fees and highest security wherever Bitget is available. Simply select your country in the search box below to start buying Wombat Exchange in your preferred location:

canada

A selection of popular Wombat Exchange buying regions.

Buy other cryptos in your region

How to buy Bitcoin in Canada

How to buy Ethereum in Canada

How to buy Ripple in Canada

How to buy Dogecoin in Canada

How to buy Solana in Canada

How to buy Litecoin in Canada

How to buy Binance in Canada

How to buy Tether in Canada

A welcome pack of 6200 USDT for new users!

FAQ

Can I buy $1 worth of Wombat Exchange?

In theory, Wombat Exchange is divisible enough that you could buy just $1 worth, but Bitget's spot market requires a minimum order value of $5.

Can I buy $10 of Wombat Exchange?

Yes, can be divided and bought in an amount worth $10. Bitget's spot market has a minimum order value of $5.

Where else can I buy Wombat Exchange?

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 Wombat Exchange?

The best place to buy Wombat Exchange 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 Wombat Exchange right now?

You should make a decision on purchasing or investing in Wombat Exchange 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.

Canada is a country located in North America, it is bordered by the United States on land and the Atlantic Ocean to the east, and the Pacific Ocean to the west. Canada is not only the second-largest country by the total area of land, but also has the world's longest land border. Canada has a population of 36,991,981, and the currency is the Canadian dollar (CAD). The official languages in Canada are English and French, and both languages are supported on Bitget app and website.

The climate in Canada varies across different regions within the country, some of the areas experience harsh winters (with an average daily temperature of -15 °C). Much of the land in the northern part of Canada is covered by ice and permafrost and it is home to the Inuit people in Canada. The Inuit are the indigenous group of people who live in extremely cold weather such as in places like Alaska, northern Canada, and Greenland. You can go to Inuit Nunangat, a place where many Inuit people live, to experience the weather and see the houses that are made out of the seal’s skin.

Whether you are in Montreal, Calgary, or Vancouver, Bitget is ready to serve you with any kind of cryptocurrency needs. You can buyWombat Exchange(WOM)easily on Bitget, and enjoy full products and services such as crypto deposit, P2P, spot, and futures trading.

When investing in crypto currencies you want to be sure to rely on one of the best canadian crypto exchanges. Bitget is listed among the top crypto exchanges in Canada and offers a variety of crypto trading products to provide you with the best trading instruments in the crypto market.

With the Bitget App you will be able to track all the crypto currency prices at anytime. Whether you are a daily trader or a long term holder in Bitget you will find products for spot trading, cryptocurrency futures, trading bots, copytrading and much more.

If you haven’t heard of it yet, socia l trading and copytrading are some of the new trading concepts in the crypto industry. Those instruments allow you to look for the best crypto traders on Bitget and copy their strategies.

Cryptocurrency investment activities, including buying Wombat Exchange on Bitget, are subject to market risk. Bitget offers simple and convenient ways to buy Wombat Exchange instantly, and strives to provide transparent information about all cryptocurrencies available on the platform. However, we are not responsible for any outcomes resulting from your Wombat Exchange purchase. This page and its content do not constitute an endorsement of any specific cryptocurrency or method of acquisition.