💸 Buying Chiss-Native Stablecoins
Chiss Protocol is powered by ERC20 protocol-specific stablecoins. This type of regional stablecoins enables simplified accessibility, localized utility & well-tailored regulation compliance across emerging markets. Chiss stablecoins can be instantly swapped for other fiat-backed tokens, staked to earn rewards from Chiss pools & facilitate real-time global FX transfer into any supported currency.
Simple process to buy Chiss stablecoins with local fiat on Chiss Web dapp.
- Visit Link to get the Chiss Web dapp dashboard.
- Connect the destination wallet to the Webdapp via the Wallet connect button at the top-right of the dashboard page.
- Click on “PORTFOLIO” on the navigation bar to move to the portfolio page.
- Click on “Get chNGN” to open the modal to buy chNGN via chNGN onramp facilitators. The same applies for other native stablecoins.
- Input the amount of chNGN you want to get and select the onramp facilitator you prefer based on time and fees.
You can also select the local stablecoin to buy from this modal & the fiat exchange rate. Note different regional stablecoins are on-ramped by different facilitators to ensure compliance across jurisdictions.
- Click on “Continue” to proceed with the bank transfer payment to the provided account details of the preferred facilitator.
- Transfer funds to the account and confirm transfer for the system to validate payment.
Make sure you add the facilitator’s fee to the deposit amount to get credited the full amount of your chNGN.
- Once payment has been confirmed, chNGN is transferred to your connected wallet.
Congratulations, you’ve completed your first Chiss native stablecoin acquisition! 🎉