Buy, Sell, & Trade YFI
Exchange YFI with USD and Cryptocurrency
Since its launch, and after some initial hesitancy in the market, YFI has become one of the largest tokens on the Ethereum blockchain tokens, attributed to its focus on automated yield farming strategies. But what is YFI, who created it, and how can you trade and exchange it?
Who created YFI?
yearn.finance was created by the developer Andre Cronje and began its life as iEarn. After initially stepping back from the project in February 2020 because of a backlash to his suffering an exploit, Andre returned and rebranded the project as Yearn.finance. The rebrand introduced a new suite of tools, including Earn, Vaults, yInsure, and StableCredit.
Following the trend of governance tokens, yearn.finance introduced YFI in July 2020. It quickly captured the attention of the cryptocurrency space as it rallied up to $30,000 in a month. Before launch, the protocol had approximately $8 million in assets under management. This rapidly rose to over $400m in the first week.
How do I exchange and Trade YFI?
When trading and exchanging YFI, or any cryptocurrency, you should use a reputable currency exchange to ensure your money is safe. Rubix is an excellent option for this. There are three basic steps to set up for buying, trading and selling:,- Open an account online.
– Deposit funds. Add fiat or cryptocurrencies to your account.
– Buy your VET. All you need to do now is purchase YFI,Once your YFI is in your wallet, you can sell or exchange it as you like.
Exchange YFI using Rubix
The Rubix crypto wallet offers secure transfer functionality that quickly and easily manages your cryptocurrency assets. Rubix is one of the most versatile cryptocurrency exchanges and is secure and straightforward, designed with user experience in mind.
Using Rubix, you can purchase a multitude of cryptocurrencies, including YFI, using your bank card.