1. Home
  2. Converter
  3. Nigerian Naira (NGN) to Badger DAO (BADGER)

Convert
Nigerian Naira (NGN) to Badger DAO (BADGER) Instantly

Purchase Badger DAO (BADGER) with Nigerian Naira (NGN) easily at Switchere and benefit from fast, secure transactions.

NGN
NGN
Bank card
BADGER
Badger DAO (BADGER)
Crypto
Buy Badger DAO

About
Badger DAO (BADGER)

Badger DAO (BADGER) is a decentralized autonomous organization (DAO) dedicated to building the products and infrastructure necessary to accelerate the use of Bitcoin within decentralized finance (DeFi). The core mission is to create a secure and efficient on-chain ecosystem where BTC holders can earn yield on their digital asset without relinquishing custody. Primarily operating on the Ethereum blockchain, the protocol leverages smart contracts to execute its complex, automated yield-generating strategies for tokenized Bitcoin.

The flagship products of the protocol are 'Setts' and 'Digg'. Setts are tokenized yield vaults that function as automated strategy aggregators. Users deposit assets like wrapped Bitcoin (wBTC) or other BTC-pegged tokens, and the smart contracts automatically deploy these funds across various DeFi protocols to optimize yield farming returns. Digg is a non-custodial, elastic-supply synthetic Bitcoin; a rebase token whose supply is programmatically adjusted on-chain to maintain a peg to the price of Bitcoin, managed entirely by the DAO.

The native utility token, BADGER, is central to the project's governance. Holders of the BADGER token can participate in the DAO by proposing and voting on key decisions, including new Sett strategies, protocol upgrades, and treasury allocations. BADGER is also distributed as rewards to users who deposit assets, creating a powerful incentive mechanism for participation.

Badger DAO (BADGER)

Buy Other 150+ Cryptocurrencies for Nigerian Naira (NGN)

Other Coins for Nigerian Naira (NGN)

How to Buy Badger DAO (BADGER)

  1. Select currency menu

    Choose NGN to BADGER Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Badger DAO Wallet Address

    Provide your BADGER wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Badger DAO

    Complete the payment, and your BADGER will be sent to your wallet.

Web ios android

Frequently Asked Questions

  • What is the NGN/BADGER pair and its role in Decentralized Finance?

    The NGN/BADGER pair represents the direct exchange rate between the Nigerian Naira (NGN) and the Badger DAO (BADGER) token. It serves as a crucial fiat on-ramp for users in Nigeria to acquire BADGER, a governance token for a DeFi protocol focused on creating yield-generating vaults, known as Setts, for tokenized Bitcoin on the Ethereum blockchain.

  • What are Badger DAO's 'Setts' and why are they important for BADGER token holders?

    Setts are automated DeFi yield aggregator vaults in the Badger DAO ecosystem. They allow users to deposit tokenized Bitcoin (like wBTC) and earn yield through complex, automated strategies. They are crucial for BADGER holders because BADGER is the governance token, giving holders voting rights on which new Setts are created and how protocol fees are used, directly influencing the DAO's direction and success.

  • What are the main security considerations when trading NGN for BADGER?

    Secure trading requires using a reputable cryptocurrency exchange that enforces KYC/AML compliance. Always enable two-factor authentication (2FA) on your account. When using P2P markets, only trade with verified merchants with high ratings. After acquiring BADGER, it is best practice to transfer it from the exchange to a non-custodial digital wallet where you control the private keys for maximum security.

  • What are common methods for purchasing BADGER with Nigerian Naira (NGN)?

    Due to local banking regulations in Nigeria, the most common method to buy BADGER with NGN is through peer-to-peer (P2P) markets on major cryptocurrency exchanges. Users can pay sellers directly using Nigerian bank transfers or local online payment processors to receive the digital asset in their exchange wallet, which can then be used to trade for BADGER.

  • After buying BADGER with NGN, what network fees should I be aware of?

    BADGER is an ERC-20 token, which means it operates on the Ethereum network. When you move your BADGER from a cryptocurrency exchange to a private digital wallet, you will need to pay a blockchain transaction fee, known as 'gas'. This gas fee is paid in Ethereum (ETH), not BADGER or NGN, and its cost fluctuates based on network congestion.

  • What is the primary utility of holding the BADGER token within its Decentralized Autonomous Organization (DAO)?

    The primary utility of the BADGER token is governance. As the native token of the Badger DAO, holding it grants you voting rights on key protocol decisions. This includes proposing and voting on new automated strategies for the Setts, changes to the fee structure, and how the DAO's treasury is managed. It empowers the community to collectively steer the direction of the DeFi protocol.

Our website uses cookies. Our Cookie Policy