How to buy bHBD token with credit card
Want to buy BHBD, 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 bHBD
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 bHBD?
which are also backed 1:1 by the native CUB token on the Hive Blockchain.
Introducing bHBD, the wrapped version of the Hive Backed Dollar (HBD) token on the Binance Smart Chain blockchain. bHBD is the longest standing algo-stablecoin in the crypto space, and its Fixed Savings Rate of 20% has solved the demand issue for HBD. To address the supply issue, bHBD has created two Liquidity Pools, bHBD-BUSD and bHBD-CUB, to provide liquidity to the HBD market on the Hive Blockchain. bHBD is backed 1:1 by the native HBD token on the Hive Blockchain, allowing users to flow in and out of the Hive Ecosystem while earning yield in the form of CUB tokens, which are also backed 1:1 by the native CUB token on the Hive Blockchain. With bHBD, users can now access the liquidity and yield of the Hive Ecosystem with the convenience of the Binance Smart Chain blockchain.
How do I buy bHBD in 2023?
You can buy bHBD 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 bHBD is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to bHBD 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 bHBD?
Your payment processing is securely handled by our partner Transak, and your purchased bHBD 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.