How to buy Bancor Governance token with credit card
Want to buy VBNT, 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 Bancor Governance
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 Bancor Governance?
vBNT is the governance token of the Bancor Protocol. It is generated by users who stake BNT in any whitelisted pool, representing their % ownership of the pool. This makes vBNT similar to a Liquidity Provider (LP) token, but with the added benefit of being able to vote in Bancor governance. With the launch of Vortex, users will also be able to use vBNT to borrow against their staked liquidity by swapping their vBNT for any token in the Bancor Network.
How do I buy Bancor Governance in 2023?
You can buy Bancor Governance 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 Bancor Governance is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Bancor Governance 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 Bancor Governance?
Your payment processing is securely handled by our partner Transak, and your purchased Bancor Governance 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.