How to buy Dopex token with credit card
Want to buy DPX, 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 Dopex
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 Dopex?
Dopex is a decentralized options protocol that seeks to maximize liquidity and minimize losses for option writers while maximizing gains for option buyers. DPX is the limited supply governance token for the Dopex protocol, used to vote on protocol and app level proposals. It also accrues fees and revenue from pools, vaults and wrappers built over the Dopex protocol after every global epoch. Dopex utilizes a unique option pricing model that is calculated on-chain based on the Black-Scholes formula and passed through a function to determine volatility smiles based on the realized volatility of the asset. This model ensures fair and efficient platform flow, and provides solutions to low liquidity, unfair pricing, lack of composability, lack of user adoption, and unfair arbitrage opportunities during times of high volatility.
How do I buy Dopex in 2023?
You can buy Dopex 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 Dopex is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Dopex 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 Dopex?
Your payment processing is securely handled by our partner Transak, and your purchased Dopex 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.