How to buy BNB token with credit card
Want to buy BNB, 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 BNB
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 BNB?
Binance Coin (BNB) is the cryptocurrency of the Binance platform, a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance, indicating that only cryptocurrencies can be traded against each other. Binance has achieved tremendous success in a short period of time, with a daily trading volume of 1.5 billion - 2 billion US dollars and growing. There will only be 200 million BNBs, and Binance uses the ERC20 token standard from Ethereum. BNB can be used to pay fees on Binance, and users receive a discount when fees are paid in BNB. Binance has also announced a buyback plan to buy back up to 100 million BNB in Q1 2018, with the coins then burned to increase the value of the remaining coins. BNB will remain an asset on the trading platform and will be used as gas.
How do I buy BNB in 2023?
You can buy BNB 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 BNB is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to BNB 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 BNB?
Your payment processing is securely handled by our partner Transak, and your purchased BNB 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.