What is Cetus Protocol (CETUS) and How to Buy on Bittime

Cetus Protocol (CETUS) is a DEX project on the Sui and Aptos networks. It is designed to improve liquidity efficiency and provide a more flexible trading experience for DeFi users.

With the growing interest in the new Layer-1 ecosystem, many investors are starting to look for how to buy Cetus Protocol (CETUS) on Bittime, especially since it allows direct purchases using Rupiah.

Key Takeaways

• Cetus Protocol is a decentralized exchange based on Sui and Aptos that uses the Concentrated Liquidity Market Maker (CLMM) model.
• The CETUS token is used for incentives, liquidity, and supporting the DeFi ecosystem, including the CETUS and xCETUS dual-token models.
• Indonesian investors can easily follow the steps to buy Cetus Protocol (CETUS) on Bittime using Rupiah.

What is Cetus Protocol (CETUS)?

Image Source: Cetus Protocol

Cetus Protocol (CETUS) is a decentralized liquidity and exchange protocol that allows users to exchange crypto assets without intermediaries.

The platform uses the Concentrated Liquidity Market Maker (CLMM) concept, a model that allows liquidity providers to place their funds within a specific price range to increase capital efficiency.

This model is inspired by Uniswap V3, but further developed to provide greater flexibility and performance on the Sui and Aptos networks.

Some of the main goals of Cetus Protocol:

- Increase liquidity efficiency.

- Provides fast and transparent trading.

- Supports integration with other DeFi applications.

- Provides earning opportunities for liquidity providers

With this approach, Cetus strives to become the primary liquidity infrastructure in the next generation blockchain ecosystem.

Read Also: How to Buy SuperVerse (SUPER) on Bittime and Its Price Performance 

Key Features of Cetus Protocol  

Cetus has several features that make it attractive compared to traditional DEXs.

1. Concentrated Liquidity Market Maker (CLMM): Liquidity providers can set specific price ranges to increase profit potential.

2. Permissionless Protocol: Anyone can create a liquidity pool or use protocol features without special permission.

3. High Programmability: Developers can build a variety of trading strategies, such as automated swaps, limit orders, range orders, and advanced liquidity strategies.

4. Liquidity as a Service (LaaS): The protocol provides liquidity that can be used by other projects, including vaults, derivatives, and farming.

5. Ecosystem Integration: Cetus has partnered with various projects and wallets to expand adoption.

Read Also: Complete Guide on How to Buy SoSoValue (SOSO) on Bittime 

CETUS and xCETUS tokens

Cetus Protocol uses a dual-token system to maintain the sustainability of the ecosystem.

1. CETUS Token

Used for:

- Reward liquidity provider.

- Ecosystem incentives.

- DeFi trading and participation.

2. xCETUS Token

Used as an additional reward token for active users.

This model helps create a long-term incentive system for users and investors.

Read Also: How to Buy Across Protocol (ACX) on Bittime for Beginners 

CETUS Price Today

Image Source: Coinmarketcap

Based on the latest data, CETUS price today is trading at around $0.01633, with a market capitalization of around $14.86 million and a daily trading volume of around $3.21 million.

Historical data:

All-time high (ATH): $0.4877

All-time low (ATL): $0.0143

Currently, CETUS is still about 96% below its high, but is about 14% above its low.

This condition indicates that the token is still in the development stage and has the potential to follow the growth of the Sui and Aptos ecosystems.

Read Also: How to Buy Wilder World (WILD) on Bittime After Official Listing 

How to Buy Cetus Protocol (CETUS) on Bittime

Bittime is a local crypto exchange registered with the Financial Services Authority (OJK) and supports transactions using Rupiah (IDR). The platform is beginner-friendly, offering a simple crypto asset purchasing process.

Before purchasing Cetus Protocol (CETUS), make sure the following things are ready:

- Bittime account is active and registered using email.

- The identity verification (KYC) process has been completed.

- Rupiah balance available in the account, minimum IDR 10,000.

Steps to Buy CETUS on Bittime

Here is a complete guide on how to buyCETUS on Bittime.

1. Login to Bittime Account: Log in to the official Bittime app or website using your account. Ensure your account has been verified (KYC).

2. Go to the Market Menu: Select the “Market” menu to see a list of cryptocurrencies. Use the search feature.

3. Find the CETUS/IDR Pair: Type “CETUS” and select the CETUS/IDR trading pair, allowing direct purchases with Rupiah.

4. Click the Buy Button: Go to the trading page and select the “Buy” button.

5. Select Order Type:

• Market Order → buy directly at market price
• Limit Order → buy at a certain price
• Trigger Order → advanced strategy

Beginners usually use market orders.

6. Enter Purchase Amount: Enter the amount of Rupiah you wish to use. The minimum purchase is usually around Rp10,000.

7. Transaction Confirmation: Check purchase details, enter PIN, and confirm.

Once completed, the CETUS tokens will be added to your account wallet.

Read Also: Guide on How to Buy WAX (WAXP) on Bittime After Listing 

Why Buy CETUS on Bittime?

There are several reasons why many Indonesian users choose Bittime to buy CETUS:

- Direct pairing with Rupiah (IDR), so there is no need to convert other assets.

- The application display is simple and easy to understand.

- Officially registered with the OJK so it is more trustworthy.

- The security system uses MPC technology.

- Has ISO safety certification.

- Fast and practical transaction process for both beginners and experienced traders.

Read Also: How to Buy AZTEC on Bittime and Predict Its Price After Listing 

Conclusion

Cetus Protocol (CETUS) is a DEX built on the Sui and Aptos networks with a focus on liquidity efficiency and trading flexibility.

With its CLMM model, DeFi integration, and dual-token incentive system, CETUS has the potential to grow as the new blockchain ecosystem grows.

For Indonesian investors, steps on how to buy Cetus Protocol (CETUS) on Bittime is very easy because it can be done directly using Rupiah.

With DeFi's growth potential and the support of modern technology, CETUS is a token worth considering, although it's important to be aware of investment risks.

FAQ

What is Cetus Protocol (CETUS)?

Cetus Protocol is a decentralized exchange on the Sui and Aptos networks that provides decentralized crypto liquidity and trading.

What is the current price of CETUS?

The current price of CETUS is around $0.016 based on the latest data.

Is CETUS available on Bittime?

Yes, CETUS can be purchased on Bittime using the CETUS/IDR pair.

What is the minimum purchase of CETUS?

The minimum purchase usually starts from IDR 10,000.

Is CETUS suitable for long-term investment?

CETUS has potential as it supports the new DeFi ecosystem, but it still carries high risks like other crypto assets.