How to buy yearn.finance

YFI

YFI is the governance token for the yearn.finance decentralized finance (DeFi) platform. This platform is a yield optimizer that automatically moves funds around the DeFi ecosystem in an effort to generate a high return. Its asset token is YFI. You can buy and sell YFI for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade YFI for BTC the same way you trade CAD for USD. You can also trade YFI to CAD based on the YFI price. To learn how to buy yearn.finance / YFI, scroll down to see how to buy yearn.finance.

Yearn.finance was founded by Andre Cronje. Cronje has a long career in cryptocurrency and has become synonymous with DeFi over the years. YFI is the native token of the yearn.finance service and is used for governance of the network. Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from a process known as “yield farming” in which users lock their cryptocurrencies on the protocol to earn YFI tokens.

You may want to consider buying YFI if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Explore the yearn.finance lending and trading protocol

Become part of a growing network of DeFi systems

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

yearn.finance (YFI)

All prices are in USD.

How to buy yearn.finance

YFI

YFI is the governance token for the yearn.finance decentralized finance (DeFi) platform. This platform is a yield optimizer that automatically moves funds around the DeFi ecosystem in an effort to generate a high return. Its asset token is YFI. You can buy and sell YFI for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade YFI for BTC the same way you trade CAD for USD. You can also trade YFI to CAD based on the YFI price. To learn how to buy yearn.finance / YFI, scroll down to see how to buy yearn.finance.

Here’s how to buy yearn.finance on Quick Trade

Buying yearn.finance is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for yearn.finance, which trades as YFI. Based on when you think you can get a good YFI price, you should be able to trade YFI to CAD.

To buy yearn.finance, simply follow these steps:

1

Sign up for a Quick Trade account and verify your identity

This is the first step to buying YFI. Verifying your identity helps us to properly connect your funds to your account.

2

Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3

After funding, select YFI from the list on the trade section

Quick Trade lets you trade YFI without leaving the app. You can also check the yearn.finance stock price and convert YFI to CAD on the platform.

4

Select a currency you’ve funded and use it to check the YFI price

In the Quick Trade app, all currencies available to trade can be found in the drop down list.

5

Buy YFI

Congratulations! You’re now the proud owner of YFI. You can either HODL or use it to exchange YFI to CAD. To the moon!

Yearn.finance was founded by Andre Cronje. Cronje has a long career in cryptocurrency and has become synonymous with DeFi over the years. YFI is the native token of the yearn.finance service and is used for governance of the network. Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from a process known as “yield farming” in which users lock their cryptocurrencies on the protocol to earn YFI tokens.

You may want to consider buying YFI if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Explore the yearn.finance lending and trading protocol

Become part of a growing network of DeFi systems

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Where do I keep my YFI?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.

Ready to add YFI to your portfolio?

Create your account, fund it with spare change and get a little bit of YFI.

Sign Up & Buy YFI

Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.