Where and how to buy Euler in Bahrain
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Euler order through any of the various payment options provided.
![Complete your payment on Bitget App image 1](https://img.bitgetimg.com/image/third/buy_crypto_bitget_app_en.png)
![Enter the bank card details to complete your payment on Bitget Website image 1](https://img.bitgetimg.com/image/third/buy_crypto_en.png)
![Complete your payment on Bitget App image 2](https://img.bitgetimg.com/image/third/complete_your_payment_on_bitget_app_en.png)
![Enter the bank card details to complete your payment on Bitget Website image 2](https://img.bitgetimg.com/image/third/payment_bitget_website_en.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
![player.png](/how-to-buy/_next/static/media/player.7cdb5ddf.png)
Step 4:Monitor Euler in your Bitget spot account
![Check your Assets](https://img.bitgetimg.com/image/third/check_your_assets_en.png)
Alternative methods to obtain Euler in Bahrain
Convert crypto to Euler with Bitget Convert
![Bitget Convert Preview](https://img.bitgetimg.com/image/third/bitget_convert_preview_en.png)
Swap on-chain assets to Euler with Bitget Swap
Methods to obtain Euler for free
![Euler](https://img.bitgetimg.com/multiLang/coin_img/dfe00cd1e8f0c0c20e3a24a694afb0bd.png)
Buy other cryptos
Buy Euler in a different country
![welcom-login.png](/how-to-buy/_next/static/media/welcom-login.335a5af0.png)
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How to buy Euler in other countries?
What can you do with Euler?
![store.png](/how-to-buy/_next/static/media/store.58f81307.png)
Store/Hold Euler
Many users hold on to their Euler with the expectation of it increasing in value. You can store your EUL safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
![sell.png](/how-to-buy/_next/static/media/sell.9e7aab8b.png)
Trade Euler
You can trade Euler for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Euler trading to meet your needs.
![trade2.png](/how-to-buy/_next/static/media/trade2.2db0b601.png)
Send Euler
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Euler online and send to anyone and anywhere with their Euler address.
![send.png](/how-to-buy/_next/static/media/send.363baf3d.png)
Spend Euler
You can also buy goods and services with your Euler. More and more vendors and retailers accept Euler every day.
![earn.png](/how-to-buy/_next/static/media/earn.36620fb5.png)
Donate Euler
Bitget Charity accepts Euler donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Euler so no one misses out on the growth made possible by blockchain.
![learn.png](/how-to-buy/_next/static/media/learn.9e8b8fb0.png)
Learn More About Euler
You can read more in-depth articles on Euler from Bitget Research and study how cryptocurrencies like Euler work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Euler
What is Euler (EUL)?
Euler is a decentralized lending protocol that enables users to earn interest on their cryptocurrency assets while managing market volatility, without the need for a trusted intermediary. This innovative platform is also known for its capital efficiency and offers various unique features such as permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools, and more, which are not commonly found in decentralized finance (DeFi).
How Euler (EUL) Works
Listing without permission can be risky on decentralized lending protocols, especially if there is a sudden drop in collateral asse t prices. This can lead to multiple pools having bad debts. Euler solves this problem by using risk-based asset tiers:
● Isolation-tier assets are available for borrowing and lending, but can't be used as collateral or borrowed with other assets in the same pool.
● Assets in the cross-tier can be lent and borrowed, but cannot be used as collateral. They can be borrowed alongside other assets.
● Collateral-tier assets can be used as collateral, borrowed, and lent.
EUL holders can vote to move assets from isolation to cross or collateral tiers, but this also increases risk. So, it's important to balance these concerns for the safety of users.
Euler lenders earn interest by depositing assets into a liquidity pool and receiving eTokens. These eTokens can be redeemed for a share of the pool's assets, as long as there are unborrowed tokens available, like Compound's cTokens. Borrowers take liquidity out and return it with interest, increasing the pool's assets over time. This means that the eTokens earned by lenders can be redeemed for a larger amount of underlying assets, allowing them to earn interest on their supplied assets.
Euler tokenizes debts on its protocol with dTokens, similar to Aave's debt tokens. These ERC20-compliant interfaces allow for the creation of derivative products including debt obligations. To prevent users from burning their dTokens, Euler uses regular transfer/approve ERC20 methods but with reversed permissioning logic. Borrowers pay interest on their loans in the underlying asset, with a portion of the interest held in reserves for bad debts.
How Many EULER Tokens Are in Circulation?
EUL is the Euler network's native governance token. It has a circulating supply of 15,789,529 EUL and a maximum supply of 27,182,818 EUL coins.
How to Buy Euler (EUL)
Consider investing in Euler (EUL)? It only takes 2 minutes to create an account on Bitget and start trading EUL.
Check out the available EU L trading pairs on Bitget!
Spot market
Euler (EUL) Resources
Buy Euler in Bahrain with Bitget
How to safely store your Euler
- Sign up and transfer EUL to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your EUL.