How to buy Obyte token with credit card
Want to buy GBYTE, 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 Obyte
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 Obyte?
Obyte is a distributed ledger based on directed acyclic graph (DAG) technology, launched on December 25, 2016. It is the first of its kind to support dApps, and offers a range of features such as self-sovereign identity, private untraceable currencies, sending crypto to email using textcoins, and extremely small-footprint libraries suitable for small IoT devices.
Thanks to the absence of blocks and miners, access to the Obyte ledger is decentralized, disintermediated, free, equal, and open. This also means there is no risk of front-running and other miner manipulation, making dApps safer and easier to develop than blockchain based dApps. Oscript, a new language designed to avoid many unsafe programming patterns common in earlier dApp platforms, is used to develop dApps on the platform.
Obyte is especially well suited for DeFi apps, with some already available on the platform such as Discount Stablecoins (https://ostable.org), and more being developed.
How do I buy Obyte in 2024?
You can buy Obyte 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 Obyte is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Obyte 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 Obyte?
Your payment processing is securely handled by our partner Transak, and your purchased Obyte 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.
