How To Buy Yfi Coinbase
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Below there is a box with a green button that says buy yfi inside of the box choose the market tab here as that is the most straight forward type of buying orders.
How to buy yfi coinbase. We will make a separate announcement if and when this support is added. 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. 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. Note however that coinbase charges high fees so you are generally better off buying yfi on uniswap or 1inch. Buying yfi starting from fiat like usd in the methods above you need to start from crypto like eth to buy yfi.
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. View all this content and any information contained therein is being. Based in the usa coinbase is available in over 30 countries worldwide. Yfi is the native token in the yearn finance platform. The platform is a yield optimizer that moves funds around the decentralized finance defi ecosystem in an effort to generate a high return.
Users can earn it by contributing liquidity to yearn finance s liquidity pool and use the token for platform governance. As with the whole account process coinbase made the purchase of a cryptocurrency very simple and straight forward. All you need to do is click on the prices option in the top menu bar and you ll see a list of all the supported cryptocurrencies on coinbase. You can also buy yfi on coinbase. The good news is that you can easily purchase either cryptocurrency at coinbase using your credit card or even bank account.
Yearn finance yfi is an ethereum token that governs the yearn finance platform. Yfi is the governance token that governs the yearn finance ecosystem.