How to buy saffron.finance (SFI) in Australia

A beginner's guide to buying and selling SFI in Australia.

saffron.finance
SFI- USD
DEFI
$887.93
+$142.03 (+19.04%)

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How to buy saffron.finance

Look for an exchange that supports both fiat and cryptocurrency to simplify buying saffron.finance.

  1. Open an account on an exchange that supports SFI.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy saffron.finance.
  3. Buy saffron.finance.
    Complete your saffron.finance purchase and then find the best wallet to store SFI.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is saffron.finance?

With increasing interest in decentralised exchanges (DEXs), staking and yield farming, there are now projects that focus on optimising the space for investors and token holders. Launched in 2020, saffron.finance is a platform built on the Ethereum blockchain that aims to broaden the options available for liquidity providers. The project offers this through the application of “tranches”, which are yield-optimisation strategies that conform to specific risk profiles. A liquidity provider, or yield farmer, can select which tranche they want to participate in depending on their appetite for risk and return. Saffron effectively acts as a middleman between lending services and liquidity pools, ensuring users get exposure to the best-value yields at any given time. SFI is an ERC-20 (Ethereum-based) token native to the Saffron network. SFI tokens are required to gain access to tranches. They can also be locked into the network to earn interest.

saffron.finance (SFI) is the 412nd largest cryptocurrency in the world by market cap, valued at $64,282,642. The current price of saffron.finance is $807.32, which is 24.469% higher than yesterday. Prices have ranged between $805.31 and $638.33 over the past 24 hours. All prices are listed in US dollars and accurate as of August 05, 2021 03:08 UTC.

Where to buy saffron.finance

Find an exchange to buy, sell and trade SFI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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saffron.finance at a glance

Information last updated August 05, 2021 03:08 UTC.
Coin symbolSFI
Total SFI supply91,705
Circulating SFI80,045
Current priceUS$807.32
All time highUS$3,496.46
All time high dateFebruary 20, 2021

saffron.finance price performance over time

Historical prices compared with the price of US$807.32.

1 hour 2.83%
24 hours 24.47%
7 days 64.10%
14 days 150.19%
30 days 140.45%
60 days 50.73%
200 days 88.61%
1 yearN/A

How to sell saffron.finance

You can cash out your SFI with the same exchange you bought it through:

  1. Sign in to the exchange you have SFI on.
    If you store your saffron.finance in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of SFI you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of saffron.finance.

What to consider when buying saffron.finance

Cryptocurrency purchases can be extremely risky and there are a number of factors to consider before investing in the SFI token.
  • Yield farming. While it’s possible to store saffron.finance tokens in a digital wallet and wait for the price to increase, this would mean ignoring the token’s utility in yield-farming strategies. However, the process of yield farming and liquidity provision can be a complex concept for beginners and should not be considered lightly. For more information on liquidity provision, check out Finder’s guide on how it works.
  • Risk. Actively participating in the use-case of SFI tokens involves a degree of risk for a user. While the Saffron network intends to mitigate issues like impermanent loss and collateral illiquidity, those chasing greater rewards are exposed to greater risk. If there were a problem with the platform (such as an exploit or smart-contract bug), any tokens locked up may be lost.
  • Accessibility. Saffron is a new player in the crypto market, and as a result, exposure to this token is limited. The token cannot be purchased from popular exchanges like Binance and Coinbase. To invest in SFI, a user needs to leverage a DeFi service such as Uniswap or SushiSwap and acquire the token by exchanging it for another cryptocurrency.

Disclaimer: Cryptocurrencies, including saffron.finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SFI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the saffron.finance or any other cryptocurrency discussed.

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