How To Buy Yfi Coinbase

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.

How to buy yfi coinbase. You can sign up to coinbase and automatically access coinbase pro to trade yfi. You can also buy yfi on coinbase. Users can earn it by contributing liquidity to yearn finance s liquidity pool and use the token for platform governance. 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. Yfi is the governance token that governs the yearn finance ecosystem.

Coinbase is a secure platform that makes it easy to buy sell and store cryptocurrency like bitcoin ethereum and more. View all this content and any information contained therein is being. Yfi is the native token in the yearn finance platform. Buying yfi starting from fiat like usd in the methods above you need to start from crypto like eth to buy yfi. Yearn finance yfi is an ethereum token that governs the yearn finance platform.

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 platform is a yield optimizer that moves funds around the decentralized finance defi ecosystem in an effort to generate a high return. Based in the usa coinbase is available in over 30 countries worldwide. As with the whole account process coinbase made the purchase of a cryptocurrency very simple and straight forward. We will make a separate announcement if and when this support is added.

Note however that coinbase charges high fees so you are generally better off buying yfi on uniswap or 1inch. The good news is that you can easily purchase either cryptocurrency at coinbase using your credit card or even bank account.