How to buy dYdX token with credit card
Want to buy ETHDYDX, 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 dYdX
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 dYdX?
The dYdX token is a governance token for the dYdX exchange protocol. It provides users of the protocol with the ability to earn retroactive rewards for trading on margin or decentralized perpetual swaps. By holding the dYdX token, users can participate in the governance of the protocol and benefit from its growth.
How do I buy dYdX in 2024?
You can buy dYdX 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 dYdX is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to dYdX 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 dYdX?
Your payment processing is securely handled by our partner Transak, and your purchased dYdX 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.
