Start by opening the Novi Application on your smartphone or tablet. Next, select the section titled Buy Cryptocurrency and select Buy Diem . In the next screen, you’ll be prompted to select how much Diem you would like to purchase.
Read moreCan I buy Novi?
The Novi app is available on the Apple App Store and the Google Play Store . Learn more. Whether you’re sending money home to support family members or receiving money from friends, the Novi wallet can make money work better for everyone.
Read moreWhich Blockchain does Novi use?
To start, Novi uses Pax Dollar (USDP) , a stablecoin that runs on secure blockchain technology. Stablecoins are pegged to the U.S. dollar. People can sign up for the Novi digital wallet by downloading the Novi app.
Read moreHow does Novi wallet work?
How Novi works. People with the Novi wallet can convert dollars or other fiat currency into USDP stablecoins , send those to other wallets, take money back out of the wallet in local currencies and even withdraw cash at certain locations or transfer it to a bank account, depending on where the user lives.
Read moreHow does Facebook Novi work?
Currently launched as a pilot, Novi will initially allow users to send money from the US to Guatemala, using the stablecoin digital currency Pax Dollar, which they can hold in a digital wallet and convert into the local currency. Facebook ultimately plans to use its own cryptocurrency Diem for the service, although …
Read moreHow do I withdraw money from Novi?
Their recipients can either keep the money in their Novi balance or withdraw it in their local currency by picking up cash at a nearby location or transferring it to their bank account .
Read moreWhat is Crypto Novi?
A digital wallet is used to store and secure cryptocurrencies. Novi is a digital wallet that can be used to send and receive Diems .
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