How To Buy Yfi Coinbase

Users can earn it by contributing liquidity to yearn finance s liquidity pool and use the token for platform governance.

How to buy yfi coinbase. You can also buy yfi on coinbase. View all this content and any information contained therein is being. 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. The platform is a yield optimizer that moves funds around the decentralized finance defi ecosystem in an effort to generate a high return. Buying yfi starting from fiat like usd in the methods above you need to start from crypto like eth to buy yfi.

Yfi is the governance token that governs the yearn finance ecosystem. Note however that coinbase charges high fees so you are generally better off buying yfi on uniswap or 1inch. We will make a separate announcement if and when this support is added. Yfi is the native token in the yearn finance platform. Coinbase is a secure platform that makes it easy to buy sell and store cryptocurrency like bitcoin ethereum and more.

As with the whole account process coinbase made the purchase of a cryptocurrency very simple and straight forward. You can sign up to coinbase and automatically access coinbase pro to trade yfi. Based in the usa coinbase is available in over 30 countries worldwide. You can either scroll to yfi or type it in the search all assets box. 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.

Yearn finance yfi is an ethereum token that governs the yearn finance platform. 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.