Buy yearn.finance (YFI)

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What is yearn.finance?

Yearn.finance (YFI) is a yield aggregating platform built on Ethereum, which has grown into an ecosystem of products that aim to maximise annual percentage yields (APY) for its users.

  • Yearn.finance utilises many established DeFi protocols such as Curve, Compound and Aave.
  • The platform consists of products called Earn, Zap, APR, and Vaults.
  • YFI is the governance token of the ecosystem, only 30,000 have been minted and are fully distributed. More can be minted through governance but only if a proposal passes.

With the DeFi industry growing rapidly, the yearn.finance team have developed a range of products that work to simplify and streamline many mechanisms within the space.

How do I buy yearn.finance?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for YFI and click "Buy".
That’s it!
You now own some yearn.finance! You can click "Go to YFI Wallet" to see your yearn.finance.

Learn more about yearn.finance

Why Should I Trade YFI with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell yearn.finance no matter what your trading experience is. Unlike other international and Australian yearn.finance exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy yearn.finance with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade yearn.finance how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your yearn.finance?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your yearn.finance for free.

Cold Storage

If you are holding yearn.finance as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy yearn.finance. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for yearn.finance. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
yearn.finance has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As yearn.finance is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual yearn.finance exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in yearn.finance & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying yearn.finance safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your yearn.finance portfolio here.
Yes! With CoinSpot you can convert your yearn.finance to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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