How to buy CelsiusX Wrapped ETH token with credit card
Want to buy CXETH, 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 CelsiusX Wrapped ETH
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 CelsiusX Wrapped ETH?
CelsiusX is a cross-chain liquidity bridge that seeks to bridge the gap between DeFi and CeFi worlds. The ultimate goal of CelsiusX is to become a liquidity platform, which will provide both retail and institutional lending services. The platform will also act as an on/off ramp into the fiat world.
CelsiusX Cross-Chain Liquidity Bridge
CelsiusX's wrapped token infrastructure enables the creation of tokens on a target chain, which are collateralized by assets on the native blockchain. This implementation differs from other collateralized tokens in three major ways. Firstly, it offers yield generation on both the target and native blockchains. Secondly, key actions such as minting are functionally controlled using a decentralized oracle service. Lastly, the final implementation of CelsiusX will provide a fully decentralized wrapping service, enabled via a trustless bridge without the need for any central agency.
CelsiusX Wrapped Assets
Wrapped assets are the concrete representation of the CelsiusX liquidity bridge. Assets are locked on one blockchain and a corresponding amount of wrapped tokens are minted on another blockchain. The bridge is designed to be trustless, meaning no central agency is required.
How do I buy CelsiusX Wrapped ETH in 2024?
You can buy CelsiusX Wrapped ETH 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 CelsiusX Wrapped ETH is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to CelsiusX Wrapped ETH 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 CelsiusX Wrapped ETH?
Your payment processing is securely handled by our partner Transak, and your purchased CelsiusX Wrapped ETH 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.
