How to buy Fei USD token with credit card
Want to buy FEI, 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 Fei USD
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 Fei USD?
Fei Labs has developed FEI, a revolutionary stablecoin protocol that utilizes a new kind of mechanism called Protocol Controlled Value (PCV). This protocol is more capital-efficient, has a fair distribution, and is fully decentralized. It uses the value it controls to maintain liquid secondary markets, making it the perfect stablecoin for DeFi. Backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase, Fei v2 launches in late 2021, bringing 1:1 redeemability, TRIBE buybacks/backstop, and algorithmic PCV management.
How do I buy Fei USD in 2024?
You can buy Fei USD 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 Fei USD is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Fei USD 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 Fei USD?
Your payment processing is securely handled by our partner Transak, and your purchased Fei USD 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.
