How to buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase LEVER on BYDFi. We'll guide you through it
Choose how to purchase LEVER on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (LEVER). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 500+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store LEVER in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your LEVER to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy LEVER on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive LEVER
Trade
Answers
What Is LeverFI?
LeverFi is a decentralized leverage trading platform that was formerly known as RAMP DEFI. The rebranding was done in March 2022 to address the challenges in the DeFi market. LeverFi aims to provide a solution to the lack of sustainable TVL and utility in the current DeFi market.
The platform allows users to trade and yield farm simultaneously. Lenders deposit funds into lending pools and earn interest from traders who borrow to leverage trade up to 10X. Any unused liquidity from lenders is deposited into other DeFi protocols to generate more yield.
LeverFi also acts as a bridge between Ethereum and EVM-compatible chains like BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, and more.
Who Are the Founders of LeverFi?
LeverFi was founded by Lawrence Lim and Loh Zheng Rong. Lawrence Lim, the co-founder, has a background in traditional finance and previously worked with IOST, a blockchain network. Loh Zheng Rong, the co-founder and marketing lead, has a B.B.A in Finance Wealth Management and co-founded NOX, a blockchain infrastructure company.
What Makes LeverFi Unique?
LeverFi stands out by integrating trading and farming into a single platform. Users can deposit collateral as single assets, such as Bitcoin, Ethereum, Curve liquidity provider tokens (LP), and Uniswap LP, and unify their collateral to trade with larger positions.
The platform supports pair trading, hedging with leverage, and can be used in conjunction with DEX/CEX derivatives. LeverFi charges a 1% trade fee and routes trades to pre-existing DeFi protocols and decentralized exchanges.
How Many LEVER Coins Are There in Circulation?
The LEVER token is a governance token with a maximum supply of 35 billion tokens. Users can participate in the protocol's governance by locking up LEVER for 6 to 48 months. Each token represents one vote and allows users to oversee issues related to collateral, lending pools, and tradable assets.
How Is the LEVER Network Secured?
LeverFi is an Ethereum-based platform secured by the Ethash proof-of-work (PoW) consensus mechanism. However, Ethereum is expected to transition to a more energy-efficient proof-of-stake (PoS) consensus mechanism with the Ethereum Merge in September 2022.
When Will LEVER Trading Begin?
The tokenswap between LeverFI and RAMP was projected to begin in June 2022, indicating that trading has already started as of early August 2022.
Can LEVER Hit $1?
Shortly after its launch, the Lever token reached an all-time high (ATH) of $0.0053. However, the token's value has since declined, despite a 15% price spike following a Binance AMA promotion in July 2022. The potential for LEVER to reach $1 depends on LeverFi's roadmap execution and its ability to attract users to the platform. The large circulating supply may pose a challenge to reaching $1.
Where Can You Buy LEVER?
LEVER can be purchased on leading centralized exchanges such as Binance, Gate.io, MEXC, Tokocrypto, Bitrue, Pionex, BKEX, Mandala Exchange, Hotcoin Global, BingX, and CoinEx.
