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How to buy Liquity USD token with credit card

Want to buy LUSD, 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 Liquity 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 Liquity USD?

Introducing LUSD, the USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows users to take out 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and require a minimum collateral ratio of 110%. The loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors of last resort. Liquity is a non-custodial, immutable, and governance-free protocol.

How do I buy Liquity USD in 2024?

You can buy Liquity 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 Liquity USD is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Liquity 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 Liquity USD?

Your payment processing is securely handled by our partner Transak, and your purchased Liquity 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.