How to buy Frax Share token with credit card
Want to buy FXS, 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 Frax Share
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 Frax Share?
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Frax Share is the governance and value accrual token of the Frax Stablecoin Protocol. It is a decentralized, open-source protocol that enables the creation of a stablecoin with a fractional reserve of collateral. Frax Share holders are able to participate in the governance of the protocol and benefit from the appreciation of the Frax token.
How do I buy Frax Share in 2024?
You can buy Frax Share 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 Frax Share is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Frax Share 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 Frax Share?
Your payment processing is securely handled by our partner Transak, and your purchased Frax Share 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.
