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What is Beta Finance?

Beta Finance (BETA) is a permission-less market on the Ethereum network created with the goal of enabling borrowing, lending and shorting crypto assets. BETA is the native utility token of the Beta Finance network.

  • Individuals who participate in the Beta Finance ecosystem will have three options at their disposal. Lending, borrowing and shorting. Lenders can add funds to a pool where they will be able to earn interest, borrows uses funds from these pools, while shorters can use collateral to take out short positions.
  • Beta Finance supports a number of coins as valid collateral. The team aims to allow crypto investors who hold BETA to vote for additional coins to be accepted as valid collateral.
  • As the native utility token of the Beta Finance network, the current plans for BETA include staking incentives, liquidity mining allowing customers to stake their assets into lending pools, as well as participating in the governance of the Beta Finance ecosystem.

Beta Finance aims to create an accessible and simple permission-less money market, where users can lend, borrow and short their favourite currencies. With backing from major investment firms such as Spartan Group, ParaFi Capital, and Multicoin Capital they aim to make a scalable and accessible money market.

How do I swap Beta Finance?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Beta Finance

Why Should I Trade BETA with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Beta Finance no matter what your trading experience is. Unlike other international and Australian Beta 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 Beta 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 Beta 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 Beta 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 Beta Finance for free.

Cold Storage

If you are holding Beta 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 Beta Finance. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Beta Finance. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Beta Finance has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Beta 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 Beta 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 Beta 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 Beta 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 Beta Finance portfolio here.
Yes! With CoinSpot you can convert your Beta 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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