What is Thales (THALES)?
Thales is a unique DeFi protocol that introduces the concept of parimutuel market to the crypto industry. Apart from DeFi tools, the platform also offers a few games such as Thales Royale. The protocol is on Ethereum, Optimism, and Polygon.
How Thales (THALES) Works
Being a parimutuel market means that all users of Thales place their deposits into the same pool and the rewards are only decided after the market-settling events. The platform offers two types of markets: positional market and ranged market. In the former, users place their bets, which says the price of a certain token goes up or down at a specified time in the future. In the latter, the users place their bets on whether the price of a certain digital asset will fall inside or outside of a particul ar price range at a specified time in the future.
The main token used as collateral to participate in these markets is the sUSD stablecoin from Synthetix. Other popular stablecoins such as USDC, USDT, DAI, and BUSD are also supported.
How Many Thales (THALES) Tokens Are in Circulation?
The total supply of THALES tokens is 100,000,000. The circulating supply of THALES is 35,018,846.
How to Buy Thales (THALES)
Consider investing in Thales (THALES)? It only takes 2 minutes to create an account on Bitget and start trading THALES.
Check out the available THALES trading pairs on Bitget!
Spot market
Thales (THALES) Resources
Simple 3-step guide to buying THALES today in Mongolia
Create your free Bitget account
Select a funding method
Complete your Thales purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Thales using a payment method of your choice:
Buy Thales with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/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 Thales order.How to buy crypto with credit/debit cardBuy Thales with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Thales is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Thales 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 Thales order.Buy Thales 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 Thales 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 Thales in your Bitget spot wallet

Bitget—where the world trades Thales
How to buy Thales for free
- Learn how to earn Thales for free through the Learn2Earn promotion
- Earn free Thales by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Thales airdrops by joining ongoing challenges and promotions
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FAQ
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Mongolia is the second largest landlocked country in the world, covering an area of 1,564,116 km2. It is also the most sparsely populated sovereign nation with a population of 3.3 million. Located in East Asia, Mongolia lies next to Russia to the north and China to the south.
From the dry Gobi Desert in the south to the cold, mountainous regions in the north and west, the country has varied topography and climate. The capital city is Ulaanbaatar, and other major cities/towns include Darkhan, Erdenet, and Choibalsan. No matter where you are in the country, you can easily trade cryptos with the official currency, Tögrög (MNT), on the Bitget platform. The exchange allows you to flexibly choose among a series of secure payment options, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
When you arrive in Mongolia, you can ride camels in the Gobi desert - the second largest desert in the world, ride valiant horses in the Gorkhi-Terelj National Park, or enjoy the marvelous Gandantegchenling Monastery. The official language of Mongolia is Mongolian.