OnRamp purchases on Elk Finance DeFi gateway with FIAT
After FTX collapse, this is not the best period for using centralized exchanges.
Elk Finance is a DeFi gateway which you can normally use to move value from-to more than 20 chains.
But it has a very useful functionality that let you buy crypto bypassing centralized exchanges!
You can buy $ELK token with FIAT money by directly using your VISA/Mastercad card or even by using a SEPA transfer as you can see from the picture below:
The service is offered by Elk Finance in partnership with Switchere and it is required a registration, but once the registration is done, the purchase could be done instantly and you will receive $ELK tokens into your address as soon as the transaction will be confirmed and you do not need to perform a withdraw because it will be everything on your personal non custodial wallet where you own your own private keys!
The Switchere OnRamp service is offered on BSC chain, but wait: this is not a limit, because as I said at the beginning, Elk Finance is a DeFi gateway that allows you to move funds among more than 20 chains. The supported chains list is below, but could be not updated since more chains will be added in the next months:
Once you obtained $ELK on your address on BSC, you can instantly move them on any of the other chains by using the "ELKnet" section:
And then you can swap your $ELKs in the gas coin, if you wish, by using the "Swap" functionality of the Dex
