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How to buy MonoLend token with credit card

Want to buy MLD, 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 MonoLend

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 MonoLend?

MonoLend is a unique lending market platform that offers integrated strategies for yield bearing tokens. It features automated looping, leveraging opportunities, a real revenue share model in stable or native tokens, and markets for yield bearing tokens. MonoLend provides users with cheap leveraging, additional utility of large and medium tokens, smart yield bearing leverage and looping, access for limitless liquidity and affordable borrows, and a playground for various strategies. With its aim to become a leading smart lending protocol in the DeFi world, MonoLend provides users with various opportunities for decentralized yield strategies, market long and short positions, leveraging, looping and sticky TVL for revenue generation.

How do I buy MonoLend in 2024?

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

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