How to buy Bitcoin20 token with credit card
Want to buy BTC20, 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 Bitcoin20
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 Bitcoin20?
BTC20 is a Proof-of-Stake (PoS) ERC-20 version of Bitcoin built on the Ethereum blockchain, recreating the state of the Bitcoin blockchain and token supply from 2011, when there were only 6.05 million BTC in circulation and the price was $1. Through its unique Proof-of-Stake (PoS) model, BTC20 presents a unique opportunity for individuals to earn a substantial share of the rewards released through the Ethereum-based staking contract. The presale of BTC20 started on the 17th of July and ended on the 29th of July, raising $6,050,000 and reaching its presale goal in only 12 days. Staking of BTC20 tokens started on the 9th of August and over 40% of the supply, $2.5 million have been staked in the first 18 hours since the launch. With every Bitcoin block confirmation, 50 BTC20 tokens are released and distributed to all participants in the staking pool. Rewards accrue in real time every 10 minutes. Buyers who decide to stake their tokens have the opportunity to contribute to the network's security as well as receive staking rewards and earn some passive income. The percentage of rewards users earn is directly proportional to the overall number of tokens staked. BTC20 is programmed to reduce its simulated block rewards by 50% every four years, starting at 50 BTC20 every 10 minutes.
How do I buy Bitcoin20 in 2024?
You can buy Bitcoin20 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 Bitcoin20 is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Bitcoin20 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 Bitcoin20?
Your payment processing is securely handled by our partner Transak, and your purchased Bitcoin20 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.
