In this tutorial, we’ll learn how to purchase BNB with USD, EUR, GBP, and further convert it into tokens.
Maybe you’re interested in getting into DeFi but don’t know how to access it, or just want a quick and direct route to funding your Metamask without Centralised Exchange (CEX).
Bogged, in partnership with Ramp, have provided a simple and cost-effective way of adding funds directly to your сrypto wallet. It supports many payment methods including credit/debit card purchases, Apple Pay, and bank transfers.
The process is quick and straightforward. Visit tokens exchange interface in Bogged Swap:
Once open - click the Buy BNB link at the bottom right. You’ll be able to set the fiat currency and amount you wish to spend. The BNB output field will auto-fill with your received amount, as shown below:
Once you’ve selected your currency and the amount of BNB you wish to obtain, you will then need to complete a simple account set-up process.
An email will then be sent by Ramp to your address with a six-digit access code, which you will be required to enter on the next screen.
Next, you will need to input your BNB Chain DeFi wallet address. It is essential that you input the correct address, as any errors here will result in a loss of funds.
To ensure you input the correct code, we recommend copying and pasting the wallet address and double-checking the output.
If you need to open a crypto wallet, or want to find out more about wallet addresses then see our article on how to open a Metamask wallet here.
Your purchase region and country of residence will determine how you can finance this transaction
Options include Mastercard/Visa Credit and Debit cards and bank transfers.
Some payment methods require you to provide Ramp with a Proof of Address document before they can finalize the transaction. Suitable Proof of Address is shown below:
To prevent fraud and money laundering, you may be required to complete a verification process provided by Ramp, which will ask you to complete the process using your phone for ease of use.
You will be required to prove your identity by following Ramp’s instructions. Once you have completed the verification, you will be able to complete your purchase.
You can now make your payment. It’s essential to double-check your inputs, as transferring the funds to an incorrect account can result in a loss of funds.
You will be notified via email once your payment has been received and the BNB transferred to your wallet.
Congrats, you have now funded your crypto wallet!
You can proceed on your DeFi journey and swap BNB into any crypto token through Bogged Swap DEX Aggregator.