How to buy BIDSHOP token with credit card
Want to buy BIDS, 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 BIDSHOP
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 BIDSHOP?
BIDSHOP is the first fully privatized on-chain Auction House introducing new ways to generate liquidity for web3 assets. Backed by Kucoin and Republic Capital, BIDSHOP has created an encryption method to privatize values on any EVM. By coupling the Polygon network with the Secret network’s privacy protocols, BIDSHOP is able to harness the liquidity from EVM chains, while encrypting bids using Secret’s customizable contracts. After concept origination in March, the team was setup in May, followed by a product closed test in July and product open test in December (Testnet Live). The Beta-Mainnet went live in April and the Token Generation Event is scheduled for early June. The crown jewel of BIDSHOP innovation is the Initial Bid Offering (IBO), driven from the "Highest unique offer auction" mechanism, where players compete to win Blue-Chip NFTs or Cash Prizes while only paying small Bid Fees for each bid placed. BIDSHOP tokenomics are inspired by Solidly ve(3,3) and LooksRare revenue share, and the $BIDS token is what enables users to participate in this mechanism, either by staking LP $BIDS/WETH or by directly staking $BIDS.
How do I buy BIDSHOP in 2024?
You can buy BIDSHOP 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 BIDSHOP is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to BIDSHOP 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 BIDSHOP?
Your payment processing is securely handled by our partner Transak, and your purchased BIDSHOP 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.