Where and how to buy Wombat Exchange in Seychelles
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Wombat Exchange 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)
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Step 4:Monitor Wombat Exchange in your Bitget spot account
![Check your Assets](https://img.bitgetimg.com/image/third/check_your_assets_en.png)
Alternative methods to obtain Wombat Exchange in Seychelles
Convert crypto to Wombat Exchange with Bitget Convert
![Bitget Convert Preview](https://img.bitgetimg.com/image/third/bitget_convert_preview_en.png)
Swap on-chain assets to Wombat Exchange with Bitget Swap
Methods to obtain Wombat Exchange for free
![Wombat Exchange](https://img.bitgetimg.com/multiLang/coin_img/de5beffb58a6a5ac89ee42f3413e0cc9.png)
Buy other cryptos
Buy Wombat Exchange in a different country
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How to buy Wombat Exchange in other countries?
What can you do with Wombat Exchange?
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Store/Hold Wombat Exchange
Many users hold on to their Wombat Exchange with the expectation of it increasing in value. You can store your WOM 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 Wombat Exchange
You can trade Wombat Exchange for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Wombat Exchange trading to meet your needs.
![trade2.png](/how-to-buy/_next/static/media/trade2.2db0b601.png)
Send Wombat Exchange
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Wombat Exchange online and send to anyone and anywhere with their Wombat Exchange address.
![send.png](/how-to-buy/_next/static/media/send.363baf3d.png)
Spend Wombat Exchange
You can also buy goods and services with your Wombat Exchange. More and more vendors and retailers accept Wombat Exchange every day.
![earn.png](/how-to-buy/_next/static/media/earn.36620fb5.png)
Donate Wombat Exchange
Bitget Charity accepts Wombat Exchange donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Wombat Exchange 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 Wombat Exchange
You can read more in-depth articles on Wombat Exchange from Bitget Research and study how cryptocurrencies like Wombat Exchange work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Wombat Exchange
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
Wombat Exchange (WOM) Resources
Buy Wombat Exchange in Seychelles with Bitget
How to safely store your Wombat Exchange
- Sign up and transfer WOM to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your WOM.
How to withdraw Wombat Exchange with Bitget's hassle-free withdrawal process
WOM to local currency
Crypto calculator- 1 WOM to USD$0
- 1 WOM to JPY0
- 1 WOM to VND0
- 1 WOM to RUB0
- 1 WOM to EUR (Español)0
- 1 WOM to TRY0
- 1 WOM to EUR (Italiano)0
- 1 WOM to EUR (Français)0
- 1 WOM to EUR (Deutsch)0
- 1 WOM to CNY0
- 1 WOM to TWD0
- 1 WOM to EUR (Português)0
- 1 WOM to IDR0
- 1 WOM to THB0
- 1 WOM to PLN0
- 1 WOM to UAH0
- 1 WOM to UZS0
- 1 WOM to SAR0
- 1 WOM to PHP0