How to buy Aurora Chain token with credit card
Want to buy AOA, but don't know how to get started? Follow these easy steps! All you need is an email address and a credit card.
Ondefy offers the fastest way to buy Aurora Chain
Follow these steps to get started:
1. Enter Amount
2. Connect your email or wallet
3. Pay by credit card or bank transfer
What is Aurora Chain?
Auroracoin is a decentralised, peer-to-peer, and secure cryptocurrency released as an alternative to the Icelandic Króna to bypass governmental restrictions. It was launched with the aim of becoming the ‘official’ cryptocurrency of Iceland and was a pioneer in the area of country-specific cryptocurrencies. Launched on the 25th of January, 2014, by an anonymous developer who went by the pseudonym of Baldur Friggjar Óðinsson, Auroracoin is based on the Scrypt algorithm with a Proof of Work mechanism. In 2016, Auroracoin was updated to use a multi-algorithm architecture forked from DigiByte. This PoW consensus mechanism utilises device hashing power to solve a complex mathematical problem in order to authenticate a transaction proposed to be stored in the blockchain. Auroracoin is one of the only cryptocurrencies to use a combination of five different hashing algorithms, namely Grøstl, Qubit, scrypt, SHA-256, and Skein. It has also introduced security measures such as Automatic checkpointing, and protecting against known flaws present in the BTC blockchain, such as 51% block replacement attacks. Despite its initial popularity, Auroracoin has seen little to no activity for a while. However, it is expected to not go lower than the recent low, and might see a rise as Auroracoin plans to launch a more aggressive marketing campaign in Iceland to promote the coin among the masses.
How do I buy Aurora Chain in 2024?
You can buy Aurora Chain using credit card (Visa or MasterCard), bank transfer, Apple Pay or Google Pay. All you need to do is to choose a fiat currency, e.g. CHF, and enter an amount. A conversion rate is calculated for you. Once you are happy with the rate, tap the "Continue" button to get started. At this point, you will need to connect your email or wallet (if you are buying crypto for the first time, it will be easier for you to use your email, but Metamask and WalletConnect are also supported). Depending on wether Aurora Chain is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Aurora Chain for you. In this case, you will first need to sign a permit in order to allow us to perform this swap on your behalf. Finally, you will be able to choose your payment method, and finalise your purchase. If this is your first time buying with Ondefy, you will need to complete a short KYC (Known Your Customer) verification.
Is it safe to buy Aurora Chain?
Your payment processing is securely handled by our partner Transak, and your purchased Aurora Chain tokens benefit from the security of the blockchain. Nevertheless, as an investor you must assume the risk of owning cryptocurrencies, due to their inherent price volatility.
