What is InstantPay?
Summary
While selling crypto, you can now trade with offers with the "InstantPay" badge. This allows you to receive immediate cash payments into your bank accounts when selling crypto.
Trading with InstantPay offers means that your transactions will be much faster, safer, and more convenient for all parties involved.
What does InstantPay mean for you?
Whether custodial or non-custodial, one of the biggest drawbacks of peer-to-peer platforms is the time it takes for users to coPopularWhat does non-custodial or self custody mean?
A non-custodial wallet, aka self-custody wallet, is a wallet that allows you to be your own bank. This means you have 100% control of your crypto holdings, as well as access to your wallet (via a private key, which is a combination of letters & numbers which allows you access your wallet). More importantly, it means that we, as the developers of Onboard, cannot access your funds at anytime.
This is the opposite of a custodial wallet, which is commonly used by people just getting intoSome readersUnderstanding crypto networks
Crypto Networks
Crypto networks, often referred to as blockchain networks are the systems that facilitate the transfer and management of crypto and other digital assets.
Before blockchains, people had to trust banks for safe transactions. With blockchain, everything has changed. When someone sends or receives crypto, all the computers in the network team up to make sure the transaction is real. This is called a 'decentralised system' it means there is no central authority and control is diSome readersWhat are gas fees?
Gas fees are charges you pay to the blockchain network in order to make crypto transactions. Think of it as fuel for your car, without fuel your car won’t move. This gas fee is denominated in the native token of the blockchain network you are transacting in.
To understand what native tokens are, let’s think of a blockhain network like a country. E.g. Ghana and the native token as the legal currency that allows you to transact in that country, e.g. Ghanian Cedis.
An example from the crypto woSome readersHow do I fund my DeFi Wallet?
You can fund your DeFi wallet on Onboard by receiving crypto from an external wallet using your wallet address.
This allows you to add tokens like USDT, USDC, and others directly to your DeFi wallet.
Step 1: Open your DeFi wallet
Open the Onboard app
Tap the Crypto tab at the bottom of your screen
Select your DeFi wallet
Tap Add
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Step 2: Choose thFew readersHow do I fund my Trading Wallet?
Learn how to deposit stablecoins or other crypto into your Trading Wallet. Use external wallets, cash payments, or swap USD for BTC, ETH, SOL, and more.Few readers