How to buy Axelar Wrapped Ether token with credit card
Want to buy AXLETH, 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 Axelar Wrapped Ether
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 Axelar Wrapped Ether?
axlETH is a wrapped, multi-chain representation of Ethereum secured by a dynamic validator set running delegated Proof-of-Stake. axlETH is minted when a user deposits USDC into a Gateway contract on the Ethereum chain. This Gateway is secured by a key, which is held jointly by all Axelar validators via a multiparty cryptography scheme. Users can acquire axlETH in three ways: swapping via liquid pairs on any of the DEXs listed on the Axelar website, swapping via Squid, a cross-chain liquidity router built on Axelar, or minting via Satellite, a cross-chain bridge built by Axelar.
How do I buy Axelar Wrapped Ether in 2023?
You can buy Axelar Wrapped Ether 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 Axelar Wrapped Ether is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Axelar Wrapped Ether 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 Axelar Wrapped Ether?
Your payment processing is securely handled by our partner Transak, and your purchased Axelar Wrapped Ether 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.