Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Tenset (10SET) in Canada

Learn how to buy Tenset (10SET) in our step-by-step guide.

Where to buy Tenset in Canada

It looks like 10SET may not be available to purchase on an exchange in Canada.

You can still purchase 10SET by using a decentralised exchange (DEX) instead. decentralised exchanges are web applications that run on blockchains like Binance Smart Chain (BSC) and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase 10SET using a decentralised exchange.
  1. Find 10SET on a decentralised exchange and make sure Tenset can be traded for BNB which is the native asset of Binance. The most popular DEX on Binance Smart Chain is PancakeSwap.
  2. Buy BNB to trade for 10SET using an exchange like Crypto.com. You will need to purchase enough BNB to swap for 10SET as well as BNB to pay for transaction fees (known as gas) on the BSC network, which usually costs less than a dollar.
  3. Transfer the BNB into a a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade BNB for 10SET on PancakeSwap, following the instructions on screen. Make sure to leave enough BNB in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the 10SET tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in Canada.

Best Tenset wallets to store your 10SET

You can keep your 10SET on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your 10SET below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Tenset a good investment?

Cryptocurrencies are highly volatile and risky assets. Before making a purchase an investor should consider all aspects of the token and the associated platform. Here are a few things to consider before purchasing 10set:

  • Passive holder rewards: The protocol’s smart contracts charge a 2% fee for every transaction that takes place within the Tenset ecosystem. Half of all fees are then automatically distributed to all token holders.
  • Assets backing Tenset: As an ETF token, the price of the 10set token is determined by the underlying value of the Tenset hedge fund. Those interested in buying the 10set token should, therefore, gain a good understanding of what assets the Tenset hedge fund is invested in. Tenset has already invested in early-stage projects like Everdome, Kanga Exchange, Metahero, and Celsius. These investments continually accrue additional profits, which are then distributed to token holders.
  • Deflationary: The other half of all platform fees are used to buy back and burn the token from decentralised exchanges (DEXs). This adds a deflationary mechanism to the native 10set token, which may drive price increases over the long term.
  • Audited: The protocol has been audited by security firm, CertiK, and passed with a rating of 91 out of 100. Although the protocol passed smart contract checks, CertiK’s audit did reveal that some centralisation privileges for the issuing company exist within its smart contract, however, the project is a hybrid of both crypto and traditional finance. Those interested in Tenset could read CertiK’s audit before an investment is made.
  • Team: According to a February 2022 update, Tenset Ltd. now employs over 50 staff and hires five outsourcing companies for its legal and tech support. A growing number of employees is encouraging for a growing cryptocurrency project.

Today's Tenset price versus ATH

Compare today's price of Tenset ($0.333236 USD) against its all-time-high price of $6.48 USD on 30 May 2021. The closer the bar is to 100%, the closer 10SET is to reaching its ATH again.

Tenset's price: $0.333236
ATH date: May 30, 2021
5.14%

Tenset ATH: $6.48


How to trade, convert or sell Tenset

You can convert or sell your 10SET with the same exchange you bought it through:
  1. Sign in to the exchange you have 10SET on.
  2. If you store your Tenset in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of 10SET you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Tenset.
  6. Complete your transaction and move your 10SET to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Tenset, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of 10SET is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Tenset or any other cryptocurrency discussed.

More guides on Finder

  • Bad credit loans in Edmonton, Alberta

    From personal and payday loans to lines of credit, compare loans for bad credit in Edmonton.
  • How to buy Sui (SUI) in Canada

    This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).
  • How to buy Pepe (PEPE) in Canada

    This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).
  • How to buy Arbitrum (ARB) in Canada

    This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on (ARB).
  • How to buy SSV Network (SSV) in Canada

    This guide provides step-by-step instructions on how to buy SSV Network, lists some exchanges where you can get it and provides daily price data on (SSV).
  • How to buy USDD (USDD) in Canada

    This guide provides step-by-step instructions on how to buy USDD, lists some exchanges where you can get it and provides daily price data on (USDD).
  • How to buy Blur (BLUR) in Canada

    This guide provides step-by-step instructions on how to buy Blur, lists some exchanges where you can get it and provides daily price data on (BLUR).
  • How to buy FLOKI Inu (FLOKI) in Canada

    This guide provides step-by-step instructions on how to buy FLOKI Inu, lists some exchanges where you can get it and provides daily price data on (FLOKI).
  • How to buy Aptos (APT) in Canada

    This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on (APT).
  • How to buy EthereumPoW (ETHW) in Canada

    This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).
Go to site