How To Buy Yfi Coinbase
Coinbase is a secure platform that makes it easy to buy sell and store cryptocurrency like bitcoin ethereum and more.
How to buy yfi coinbase. Yearn finance yfi is an ethereum token that governs the yearn finance platform. You can either scroll to yfi or type it in the search all assets box. View all this content and any information contained therein is being. We will make a separate announcement if and when this support is added. Based in the usa coinbase is available in over 30 countries worldwide.
Yfi is the governance token that governs the yearn finance ecosystem. You can sign up to coinbase and automatically access coinbase pro to trade yfi. You can either type in your amount or choose what portion of your btc deposit you would like to spend on buying by clicking on the percentage buttons. The good news is that you can easily purchase either cryptocurrency at coinbase using your credit card or even bank account. Users can earn it by contributing liquidity to yearn finance s liquidity pool and use the token for platform governance.
Note however that coinbase charges high fees so you are generally better off buying yfi on uniswap or 1inch. This content and any information contained therein is being provided to you for informational purposes only does not constitute a recommendation by coinbase to buy sell or hold any security financial product or instrument referenced in the content and does not constitute investment advice financial advice trading advice or any other sort of advice. Buying yfi starting from fiat like usd in the methods above you need to start from crypto like eth to buy yfi. To purchase yearn finance yfi on the majority of the cryptocurrency exchanges you will already need to have bitcoin btc or ethereum eth to trade with. You can also buy yfi on coinbase.
The platform is a yield optimizer that moves funds around the decentralized finance defi ecosystem in an effort to generate a high return. As with the whole account process coinbase made the purchase of a cryptocurrency very simple and straight forward.