Enter the world of Boba: with Banxa!
November 8, 2022
by Boba Bruce
The Boba Network is a Layer-2 scaling solution that is the first of its kind as a multichain execution layer in the Web3 industry. And now, Boba Network is being integrated with Banxa, the world’s leading global on/off-ramp. You can use Banxa to buy into various crypto currencies, and now, that includes $BOBA.
So, what is Banxa?
Simply stated, Banxa is a global on/off-ramp or in other terms: an easy way for anyone to convert fiat currency into cryptocurrencies, namely $BOBA.
“We are excited to provide users all over the world the ability to purchase $BOBA. $BOBA is key for Banxa’s market acceleration and by utilizing our strong local payment network we are helping accelerate the scalability and mass adoption of L2s,” said Angel Gomez, Head of Growth, Banxa.
“It’s exciting to see Banxa join Boba Network’s ecosystem. Banxa’s infrastructure provides further accessibility for users to more easily onboard to Boba in a seamless and scalable way.,” said James Semmonella, Head of Ecosystem Growth at Enya Labs, the core contributor to Boba Network.
How Can I Buy Boba With Banxa?
Banxa offers a number of ways you can complete your cryptocurrency purchase. Not all methods are available in all countries, so users will have to confirm they have access to specific payment methods.
Each payment has a different required processing time, but Banxa has an easy to read chart that explains each payment method and associated processing times in detail.
It’s that easy: select “Buy” or “Sell”, enter your number and click “Create order” – 1-2-3!
So, What’s The Process Like?
The order flow at Banxa is very simple. There are 4-5 steps in the order process, depending on whether you are a new or existing customer. Simply go to banxa.com to start!
1. Create an Order
You create an order via one of Banxa’s Partners, like you know, Boba Network 😉
2. Order Validation
Banxa confirms the order – Their system is largely automated, and in rare cases where there is a payment mismatch (Eg, the card number or name is incorrect) they may manually review the order.
3. ID Check/KYC – But This is Only For New Customers
If a user has never made an order with Banxa before, via the partner of your choice (Like Boba Network), they will request you submit your ID and a selfie (depending on which country you are ordering from) and they will check these documents for validity and veracity.
4. Payment Confirmation
Banxa will confirm that the payment has been received and matches the amount of your order. In some cases, payments may be delayed if there was an error in Step 1.
5. Fulfillment, Cancellation, or Refund
Here, there’s one out of three things that could happen.
FULFILLMENT – Banxa will deliver the coins to your nominated wallet address if the payment is validated.
CANCELLATION – If there is a name mismatch, a payment failure or ID was never submitted. The order wll be canceled and sent to refund.
REFUND (IF ORDER HAS BEEN CANCELED) – The Funds will be returned to the original account/card they were sent from. This refund process depends on your bank or payment method and usually takes 10 business days. In some cases (credit card) it has been known to take up to 28 days, based on the card provider.
What’s Verification Like?
All persons purchasing cryptocurrency through Banxa are required to complete a once-off verification (per partner/exchange) of identity process to ensure that they are not purchasing via fraudulent means – this regulation varies somewhat from country to country.
This has been an exciting year at Boba Network, we’re constantly making strides towards being the most dependable ecosystem for all of your crypto needs. Don’t miss a thing and follow us on Twitter. And we’ll see you in the next one.
About Banxa
Banxa’s mission is to accelerate the world to Web3 with its leading global on-and-off ramp solution. Through its extensive network of local payment solutions paired with the required crypto licenses, Banxa gives its partners and projects access to global audiences with less friction and higher conversions. Banxa has a global team of Web3 natives – with operating headquarters in the USA, Europe and APAC regions. For further information go to www.banxa.com.
About Enya Labs
Enya’s mission is to extend the benefits of a permissionless economic system to everyone on the planet. Enya is a core contributor to Boba Network, the only multichain Layer-2 blockchain scaling solution and the only smart contract platform that enables Web3-Web2 interoperability. Boba Network improves the performance and lowers the transaction cost of base-layer blockchains by 40x-100x. Its unique Hybrid Compute technology allows smart contracts to call any off-chain API, giving developers the best of both the Web3 and the Web2 worlds to build the most compelling decentralized applications possible.
About Boba Network
Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 60x less than Ethereum.
Our Hybrid Compute brings the power of Web2 on-chain, with smarter smart contracts that allow developers and creators to leverage off-chain compute and real-world data to offer an enriched experience unlike anything else on the market today. We’re delivering a faster, cheaper, smarter experience for blockchain’s next billion users.
More Information about Boba Network:
- Website: https://boba.network/
- Twitter: https://twitter.com/bobanetwork
- Discord: https://discord.com/invite/YFweUKCb8a
- Medium: https://bobanetwork.medium.com/
- Telegram: https://t.me/bobanetwork
- Github: https://boba.eco/github
Enter the world of Boba: with Banxa!
November 8, 2022
by Boba Bruce
The Boba Network is a Layer-2 scaling solution that is the first of its kind as a multichain execution layer in the Web3 industry. And now, Boba Network is being integrated with Banxa, the world’s leading global on/off-ramp. You can use Banxa to buy into various crypto currencies, and now, that includes $BOBA.
So, what is Banxa?
Simply stated, Banxa is a global on/off-ramp or in other terms: an easy way for anyone to convert fiat currency into cryptocurrencies, namely $BOBA.
“We are excited to provide users all over the world the ability to purchase $BOBA. $BOBA is key for Banxa’s market acceleration and by utilizing our strong local payment network we are helping accelerate the scalability and mass adoption of L2s,” said Angel Gomez, Head of Growth, Banxa.
“It’s exciting to see Banxa join Boba Network’s ecosystem. Banxa’s infrastructure provides further accessibility for users to more easily onboard to Boba in a seamless and scalable way.,” said James Semmonella, Head of Ecosystem Growth at Enya Labs, the core contributor to Boba Network.
How Can I Buy Boba With Banxa?
Banxa offers a number of ways you can complete your cryptocurrency purchase. Not all methods are available in all countries, so users will have to confirm they have access to specific payment methods.
Each payment has a different required processing time, but Banxa has an easy to read chart that explains each payment method and associated processing times in detail.
It’s that easy: select “Buy” or “Sell”, enter your number and click “Create order” – 1-2-3!
So, What’s The Process Like?
The order flow at Banxa is very simple. There are 4-5 steps in the order process, depending on whether you are a new or existing customer. Simply go to banxa.com to start!
1. Create an Order
You create an order via one of Banxa’s Partners, like you know, Boba Network 😉
2. Order Validation
Banxa confirms the order – Their system is largely automated, and in rare cases where there is a payment mismatch (Eg, the card number or name is incorrect) they may manually review the order.
3. ID Check/KYC – But This is Only For New Customers
If a user has never made an order with Banxa before, via the partner of your choice (Like Boba Network), they will request you submit your ID and a selfie (depending on which country you are ordering from) and they will check these documents for validity and veracity.
4. Payment Confirmation
Banxa will confirm that the payment has been received and matches the amount of your order. In some cases, payments may be delayed if there was an error in Step 1.
5. Fulfillment, Cancellation, or Refund
Here, there’s one out of three things that could happen.
FULFILLMENT – Banxa will deliver the coins to your nominated wallet address if the payment is validated.
CANCELLATION – If there is a name mismatch, a payment failure or ID was never submitted. The order wll be canceled and sent to refund.
REFUND (IF ORDER HAS BEEN CANCELED) – The Funds will be returned to the original account/card they were sent from. This refund process depends on your bank or payment method and usually takes 10 business days. In some cases (credit card) it has been known to take up to 28 days, based on the card provider.
What’s Verification Like?
All persons purchasing cryptocurrency through Banxa are required to complete a once-off verification (per partner/exchange) of identity process to ensure that they are not purchasing via fraudulent means – this regulation varies somewhat from country to country.
This has been an exciting year at Boba Network, we’re constantly making strides towards being the most dependable ecosystem for all of your crypto needs. Don’t miss a thing and follow us on Twitter. And we’ll see you in the next one.
About Banxa
Banxa’s mission is to accelerate the world to Web3 with its leading global on-and-off ramp solution. Through its extensive network of local payment solutions paired with the required crypto licenses, Banxa gives its partners and projects access to global audiences with less friction and higher conversions. Banxa has a global team of Web3 natives – with operating headquarters in the USA, Europe and APAC regions. For further information go to www.banxa.com.
About Enya Labs
Enya’s mission is to extend the benefits of a permissionless economic system to everyone on the planet. Enya is a core contributor to Boba Network, the only multichain Layer-2 blockchain scaling solution and the only smart contract platform that enables Web3-Web2 interoperability. Boba Network improves the performance and lowers the transaction cost of base-layer blockchains by 40x-100x. Its unique Hybrid Compute technology allows smart contracts to call any off-chain API, giving developers the best of both the Web3 and the Web2 worlds to build the most compelling decentralized applications possible.
About Boba Network
Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 60x less than Ethereum.
Our Hybrid Compute brings the power of Web2 on-chain, with smarter smart contracts that allow developers and creators to leverage off-chain compute and real-world data to offer an enriched experience unlike anything else on the market today. We’re delivering a faster, cheaper, smarter experience for blockchain’s next billion users.
More Information about Boba Network:
- Website: https://boba.network/
- Twitter: https://twitter.com/bobanetwork
- Discord: https://discord.com/invite/YFweUKCb8a
- Medium: https://bobanetwork.medium.com/
- Telegram: https://t.me/bobanetwork
- Github: https://boba.eco/github
