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How to buy cMKR token with credit card

Want to buy CMKR, 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 cMKR

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 cMKR?

cMKR is a token that represents a lending position of MKR tokens on Compound Finance. By holding cMKR, users can earn interest on their MKR tokens, allowing them to benefit from the growth of the Compound protocol. cMKR is a great way to maximize the potential of your MKR tokens and take advantage of the Compound protocol.

How do I buy cMKR in 2024?

You can buy cMKR 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 cMKR is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to cMKR 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 cMKR?

Your payment processing is securely handled by our partner Transak, and your purchased cMKR 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.