DeFiChain (DFI) a cryptocurrency based on the Blockchain Network, is currently attracting significant interest in the crypto market. As the DeFiChain ecosystem expands, it has established a notable presence within the decentralized exchange (DEX) sector. More and more people are becoming interested in DeFiChain. They wish to invest or purchase DeFiChain (DFI), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing DeFiChain. Regardless of your location, Bitrue can provide you with a simple and secure way to buy DFI.
Where and how to buy DeFiChain
When it comes to purchasing DeFiChain (DFI), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy DeFiChain in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased DFI will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy DeFiChain (DFI) through Bitrue.
Alternative methods to acquire DeFiChain
Apart from directly buying DeFiChain (DFI), what are the alternative methods to acquire DeFiChain ?
Fixed Auto-Investment in DFI
Regularly invest a fixed amount at scheduled intervals in DeFiChain (DFI) digital assets, enjoying both short-term returns and long-term benefits.
Staking DFI
Flexible staking of DeFiChain (DFI) digital assets to earn interest or high returns in other cryptocurrencies.
Get DeFiChain (DFI) for free
If you have enough time, you can obtain DeFiChain for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free DeFiChain (DFI).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free DeFiChain.
- All cryptocurrency airdrops and rewards can be exchanged for DFI through coin-to-coin exchange or spot trading.
How to keep your DeFiChain safe and secure
Once you have purchased DeFiChain, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store DeFiChain and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain DeFiChain wallets, you also have the option to store DeFiChain (DFI) separately in a personal encrypted wallet. This wallet serves to keep your DeFiChain secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your DeFiChain, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your DeFiChain encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is DeFiChain?
DeFiChain (DFI) is a cryptocurrency launched in 2020. DeFiChain has a current supply of 588,631,840 with 300,511,840 in circulation. The last known price of DeFiChain is 2.5044676 USD and is up 11.00 over the last 24 hours. It is currently trading on 23 active market(s) with $7,941,641.06 traded over the last 24 hours. More information can be found at https://defichain.com/.
How many DeFiChain are there in total?
The total supply of DeFiChain is 1,149,750,004 and the Circulating Supply is 828,938,979 .
Why are people buying DeFiChain?
People buy DeFiChain for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, DeFiChain serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing DeFiChain include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy DeFiChain?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase DFI.
Should I buy DeFiChain?
Deciding whether to buy DeFiChain depends on individual financial goals, risk tolerance, and understanding of the digital asset market. DeFiChain investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying DeFiChain (DFI) may be a suitable investment choice. However, remember that all investments come with risks.
What are the fees for buying DeFiChain?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy DFI?
Currently, Bitrue does not support purchasing DFI or adding fiat currency using Apple Pay.
How to use Google Pay to buy DFI?
Currently, Bitrue does not support purchasing DFI or adding fiat currency using Google Pay.
How to use Paypal to buy DFI?
Currently, Bitrue does not support purchasing DFI or adding fiat currency using Paypal.
What can I do with DeFiChain?
You can use DeFiChain to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
Can I purchase DeFiChain (DFI) worth 1 US dollar?
In theory, DeFiChain (DFI) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for DFI is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.