Home How to buy crypto Buy Defi Coin Not listed Note: This coin is not listed on Binance for trade and service. Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform. If you would like to know where to buy Defi Coin, which is currently not listed on Binance, you can follow the step-by-step guide below. The most straightforward way is to find a reliable centralized exchange where you can buy Defi Coin, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on. Another option to buy the Defi Coin is through a decentralized exchange (DEX) which supports the blockchain where your Defi Coin resides. This guide will show you how to buy Defi Coin by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency. 1 Download a Trust Wallet Wallet There are several crypto wallets to choose from within the BNB Chain network and Trust Wallet appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or the iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting Trust Wallet’s website. 2 Set up your Trust Wallet Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6. 3 Buy BNB as Your Base Currency Once your wallet is setup, you can login to your Binance account and proceed to the Binance Crypto webpage to buy the BNB. If you are not an existing user, you can refer to our How to Buy BNB guide on registering and buying your first cryptocurrency on Binance. 4 Send BNB From Binance to Your Crypto Wallet Once you buy your BNB, go to your Binance wallet section and look for the BNB you purchased. Click on withdraw and fill up the required information. Set the network to BNB Chain, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your BNB to appear in your Trust Wallet. If you are using Binance Website: If you are using Binance App: 5 Choose a Decentralized Exchange (DEX) There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use Trust Wallet wallet, you can go to Pancake Swap to make the transaction. 6 Connect Your Wallet Connect your Trust Wallet wallet to the DEX you want to use by using your wallet address from Step 2. 7 Trade Your BNB With the Coin You Want to Get Select your BNB as the payment and select the Defi Coin as the coin you want to acquire. 8 If Defi Coin Doesn’t Appear, Find its Smart Contract If the coin you want does not appear on the DEX, you can refer to https://bscscan.com/ and find the smart contract address. You can then copy and paste it into Pancake Swap. Beware of scams and make sure you got the official contract address. 9 Apply the Swap Once you are done with the previous steps, you can click on the Swap button. From deciding where to buy Defi Coin to making the purchase, your crypto transaction is now complete! Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsem*nt by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
FAQs
How to buy DeFi coin on Binance? ›
To invest in DeFi, first get the tokens you need from Binance Smart Chain. You will need BNB (BEP20) to be able to buy. Then you need a wallet with a dapp browser to be able to trade tokens in exchanges like Pancake Swap, Venus, Uniswap, etc. Wallets endorsed are Trust Wallet for mobile and Metamask for desktop.
How to buy defc coin? ›- Step 1: Create a free account on the Exchange website or the app. Your exchange account serves as a portal for purchasing cryptocurrency. ...
- Step 2: Choose your funding method to buy the Defi Coin (DEFC). ...
- Step 3: Buy Defi Coin (DEFC). ...
- Step 4: Transfer DEFC to your Wallet.
- Download a Trust Wallet Wallet. ...
- Set up your Trust Wallet. ...
- Buy ETH as Your Base Currency. ...
- Send ETH From Binance to Your Crypto Wallet. ...
- Choose a Decentralized Exchange (DEX) ...
- Connect Your Wallet. ...
- Trade Your ETH With the Coin You Want to Get. ...
- If Defi Doesn't Appear, Find its Smart Contract.
In the DeFi Wallet's home screen, tap Buy. Select the token you'd like to purchase out of the 1,000+ available choices. Confirm that you're checking out via Crypto.com Pay . Select your preferred blockchain and enter the amount you'd like to purchase.
Where can I buy a DeFi coin? ›Buy Defi Coin with Coinbase Wallet
Defi Coin can be traded using Coinbase Wallet, your key to the world of crypto. Defi Coin is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.
- DEXs dominate DeFi with Uniswap (UNI) holding a $6.44 billion market cap.
- Lido (LIDO) leads staking protocols with a $3 billion TVL.
- Aave (AAVE) tops lending/borrowing with a $2 billion TVL.
1 DEFC = 0.003219 USD.
How much is a DeFi coin in dollars? ›DeFi Price Live Data
The live DeFi price today is $0.124802 USD with a 24-hour trading volume of $569,825 USD. A measure of how much of a cryptocurrency was traded in the last 24 hours on a decentralized exchange (DEX).
A DeFi exchange, short for Decentralized Finance exchange, is a type of cryptocurrency exchange that operates within the decentralized finance ecosystem.
How do you farm DeFi tokens? ›Yield farming refers to depositing tokens into a liquidity pool on a DeFi protocol to earn rewards, typically paid out in the protocol's governance token. There are different ways to yield farm, but the most common involve depositing crypto assets in either a decentralized lending or trading pool to provide liquidity.
How to activate DeFi wallet on Binance? ›
Please note that the Binance DeFi Wallet is no longer available. You may use the Binance Web3 Wallet to manage your cryptocurrencies, execute token swaps across multiple chains, earn yields, and interact with a variety of blockchain platforms.
What is the best DeFi exchange? ›Curve is considered one of the safest and most trusted decentralized exchanges in the space. As a result, many investors put their stablecoins with Curve to earn low risk staking rewards! What's great about Curve: Trusted exchange in the DeFi space.
Which wallet is DeFi? ›The Blockchain.com DeFi Wallet is a web-based cryptocurrency wallet that allows users all over the world to store and transact with cryptocurrencies for free. Our DeFi Wallet is open-source (view our source code on Github here) and non-custodial.
How do I connect my wallet to DeFi? ›- Click "+" icon from the upper right corner of the screen, and click "Add your DeFi wallets".
- Select the network you have used.
- Enter a wallet address you have used and click "Submit".
- Once submitted, the wallet address is added to the list.
The DeFi wallet scam puts users' funds in danger and also steals their personal data. One needs to be more careful with these cunning fraudsters who deceive users into depositing their assets only to run off with them.
Is DeFi coin listed on Binance? ›Note: This coin is not listed on Binance for trade and service. You can refer to our How to Buy Defi Coin guide. Cryptocurrency prices are subject to high market risk and price volatility.
Does Binance have a DeFi wallet? ›Please note that the Binance DeFi Wallet is no longer available.
How much is a DeFi coin? ›Live DEFI Price Summary
Today's price of DEFI is $0.127254, with a 24-hour trading volume of $525.51K. DEFI is +9.32% in the last 24 hours, with a circulating supply of 175.54M DEFI coins and a maximum supply of 1.00B DEFI coins. DEFI ranks 1056 by market cap.
DeFi stands for “decentralized finance” and refers to the ecosystem comprised of financial applications that are being developed on top of blockchain systems.