How to buy dFund token with credit card
Want to buy DFND, 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 dFund
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 dFund?
dFund is a comprehensive platform that combines a variety of DeFi features, including decentralized hedge funds, direct p2p lending, credit scores, DAO governance, and a secondary marketplace for synthetic assets. Users can start their own decentralized hedge fund or invest in one, and funds are ranked by performance (roi) to help users make informed decisions. Smart contracts automate withdrawals and payouts, eliminating the risk of scams or pyramid schemes.
The platform also enables users to participate in direct p2p lending, where they can set the loan amount, interest rate, loan duration, and collateral requirement. Credit ratings are assigned to borrowers, and lenders can set the minimum credit rating required to take the loan, as well as different collateral requirements and interest rates for users with different credit ratings. Credit ratings can be improved or worsened over time.
dFund's secondary marketplace for synthetic assets allows users to buy and sell loans, enabling lenders to exit their positions and delegate the risk and waiting time to other users. For example, a lender can sell their loan for a smaller profit with no risk, while the buyer receives a higher profit for waiting until the end of the loan's duration. This is similar to the real-life bond market.
How do I buy dFund in 2024?
You can buy dFund 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 dFund is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to dFund 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 dFund?
Your payment processing is securely handled by our partner Transak, and your purchased dFund 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.
