October 31, 2022

How To: Buy USDB Stablecoin on Indacoin.io

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How to: Buy USDB with Indacoin.io

Indacoin.io exchange allows users to purchase cryptocurrencies with their bank cards such as Visa and Mastercard. They have over 5 million verified customers already using the platform to buy cryptocurrencies. 

This article provides a step-by-step guide on how investors can use Indacoin.io to buy Balance’s own USDB stablecoin.

Let's get started.

Prerequisite

Make sure you are using your own, 3D secure Visa or MasterCard bank card and have a driver's license, ID, or passport available in case we require verification.

Step1: Calculation

Navigate to the Buy USDB page https://indacoin.io/buy-usd%20balance-with-card and click on the Buy Tab.

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indacoin-calculations-1

Select the fiat currency you want to use and confirm the cryptocurrency, i.e., USDB, you would like to buy.

The system automatically calculates the number of coins you will get based on the below formula.

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number-of-coins-calculations-indacoin-usdb

Input a valid e-mail address and the crypto wallet address (Unstoppable Domains also supported) where you want to receive the USDB stablecoins. Read and agree to the Privacy Policy and then click on Continue.

Step 2: Data & Details

The web app will now prompt you to enter your residential address details. Once done, click Continue

In the next screen, enter your full name and date of birth along with your valid phone number.

You must enter a valid phone number as the app will send a verification code to your phone number to verify and complete the transaction.

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indacoin-2

Step 3: Payment

Enter the valid credit card information - Card Number, Valid through, CVV number, and Full name. Click Continue.

The below page will appear where you need to enter the verification code received on your mobile phone. Enter the code and click Continue.

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payment-indacoin-usdb

Step 4: KYC verification & Complete Transaction

If it is your first time using Indacoin.io, you must complete KYC (Know your customer) form to proceed further and confirm the transaction. You would need to submit KYC documents, which vary from country to country. Documents can either be passport copies or a valid driving license photo.

Once the KYC document upload is complete, the verification step will take a couple of minutes.

After your KYC is verified, you will see the final transaction confirmation screen.

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How-to -Buy-USDB-with-Indacoin

The transaction will take 10 to 15 minutes to complete.

Put USDB to use by investing in USDB x Takepile Vaults and earn 30% APR. 

To get started, navigate to Earn Up to 30% APR with USDB x Takepile Investment Vault