How to buy DOLA Borrowing Right token with credit card
Want to buy DBR, 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 DOLA Borrowing Right
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 DOLA Borrowing Right?
Inverse Finance's Fixed Rate Market (FiRM) protocol introduces a new DeFi primitive called DOLA Borrowing Rights (DBR). DBRs provide holders the right to borrow DOLA in FiRM, solving issues of highly volatile interest rates in traditional variable rate lending and removing many of the constraints of conventional fixed rate interest lending in DeFi. With FiRM, users benefit from the certainty of fixed-rate loans while gaining both short and long-term optionality and opportunities from DOLA Borrowing Rights. Additionally, FiRM implements a novel money market architecture, Personal Collateral Escrows, to further enhance the user experience.
How do I buy DOLA Borrowing Right in 2024?
You can buy DOLA Borrowing Right 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 DOLA Borrowing Right is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to DOLA Borrowing Right 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 DOLA Borrowing Right?
Your payment processing is securely handled by our partner Transak, and your purchased DOLA Borrowing Right 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.
