Whether you're a new student or a long time crypto trader, choosing the right exchange to buy a cryptocurrency such as YFI can seem like a daunting task. That's why here we'll help you figure out where to purchase yearn.finance in the following paragraphs in a simple way.
In order to buy YFI, one of the first steps is to review the exchanges with the most liquid trading pairs available. Once you have set up an account on any of these platforms you will be able to exchange the coin you have funded and get YFI.
Here is a list of the top 4 most liquid exchanges to buy Yearn.Finance (YFI) on:
Beware: Some of the mentioned exchanges are unavailable to US traders or other regions due to policies and countries protocols. Don't worry! Keep reading for more options per region down below.
List of Best Crypto Exchanges for US. Residents
List of Best Crypto Exchanges for EU/UK Residents
List of Best Crypto Exchanges for Asian Residents
Yearn.finance is a decentralized finance group of protocols created in 2020, maintained by developers and governed by their token holders. Yearn.finance works on the Ethereum blockchain, allowing users to increase their crypto earnings through the platform's lending and trading services.
YFI is their token, built on ERC-20 to allow holders to govern the protocol through voting on the community's proposals, and as an incentive mechanism for liquidity providers, which makes it a decentralized protocol.
Since YFI is built on the Ethereum blockchain, all ETH wallets can also be used to store your YFI.
You might also be interested in comparing the price of YFI to ETH or other cryptos built on ERC-20, which you can easily do with our Crypto Compare tool here.
When buying Yearn.finance, it's important that you're familiar with YFI wallets and choose one that best fit your needs.
A wallet is not meant to store YFI -technically, YFI can't be stored anywhere- but they rather provide a secure service to interact with the blockchain and allow you to make the transactions you need from your account.
Since yearn.finance is built on Ethereums’s ERC20 protocol, you can use any wallet that supports this to store your YFI, but still we created a short list with suggestions of where you can safely keep your YFI after buying.
Here is Exwhere’s overview of the top recommended wallets to store your Yearn.finance (YFI) on: