What is ParaSwap?
ParaSwap is a decentralized exchange aggregator that is designed to be both decentralized and market efficient. It is powered by the PSP token, which is the governance token for ParaSwap.
How do I buy ParaSwap in 2023?
You can buy ParaSwap 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 ParaSwap is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to ParaSwap 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 ParaSwap?
Your payment processing is securely handled by our partner Transak, and your purchased ParaSwap 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.