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 LINA on BYDFi. We'll guide you through it
Choose how to purchase LINA 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 (LINA). 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 LINA 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 LINA 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 LINA 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 LINA
Trade
Answers
Is Linear Finance a Good Investment?
Linear Finance is a promising investment, especially if you have faith in the potential of DeFi and blockchain interoperability. As the native token of a popular cross-chain DeFi protocol, LINA's price has the potential to strengthen as the decentralized finance market expands and gains mainstream acceptance.
The price of Linear Finance token may also rise as the protocol expands to support more blockchain networks. Cross-chain operations are a key focus area for Linear Finance, and this development can significantly improve the platform's overall liquidity.
Cross-chain expansion can also attract more users to the platform's offerings, driving up on-chain activity and the demand for the LINA token. This increased attention from investors can boost the LINA price in the market.
What Is LINA Price Prediction?
While it is impossible to provide an accurate price prediction for Linear Finance over any duration, there are several key factors to monitor that can offer insights into the price action and volatility of the LINA token:
Level of Adoption
The value of LINA token tends to rise when more traders use the various products offered by Linear Finance. Increased on-chain activity drives up the demand for the native asset, supporting the price of the LINA token in the market.
Future Developments
As Linear Finance expands to more blockchain ecosystems in the future, the liquidity of the protocol could increase, making it even more attractive and efficient to use. This expansion could also attract more users and make LINA more interesting for investors to buy and hold.
Partnerships and Integrations
Announcements of new partnerships, integrations, and investments by Linear Finance can increase investor confidence in the LINA token. This can also drive up the value of Linear Finance as a crypto asset to invest in.
Market Outlook
A positive outlook among global investors towards cryptocurrencies, particularly the DeFi market, can support the price of the LINA token. A bullish sentiment increases buying activity in the crypto market and can drive an uptrend in the price of Linear token. Conversely, a bearish sentiment can lead to sell-offs that weaken the value of LINA.
What Is LINA Token Used For?
LINA is the native cryptocurrency of the Linear Finance protocol and serves the following purposes:
Utility Token
LINA tokens are used as base collateral to create Liquids on Linear Buildr, the dApp for collateral pool and Liquids management. LINA can be collateralized to create synthetic assets called Liquids.
Governance Token
LINA holders can participate in Linear Finance's decentralized governance functions. Token holders enjoy voting rights and can submit or vote on proposals that define the project's future evolution.
Staking
Users can lock their LINA tokens via the staking feature of the protocol to earn rewards. Stakers can earn rewards in LUSD on a pro-rata basis weekly from the transaction fees generated by the protocol.
Crypto Asset to Trade and HODL
Trade the Linear token against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell LINA against other digital assets or hold it long-term if you believe in the project's future potential. Before trading Linear Finance crypto, review the current price of the Linear token, LINA's current market cap, current circulating supply, and 24-hour trading volume. Additionally, perform technical, sentiment, and fundamental analysis on the LINA price chart.
Earn Passive Income on BYDFi
You can also earn passive income by holding LINA via BYDFi Crypto Lending. Lend liquidity in LINA on BYDFi and earn attractive daily interest over seven, 14, or 28 days.
How to Stake LINA on Linear Finance
You can stake LINA on the Linear Finance Buildr dApp to build LUSD and provide liquidity to the protocol, earning rewards. Here's how to stake LINA on Linear Buildr:
1. Visit the Linear Buildr dApp and connect your wallet to the app's interface. Ensure you have sufficient tokens for staking by buying LINA on BYDFi or other supported platforms and withdrawing your tokens to your wallet.
2. Click the 'Build LUSD' button and enter the number of LINA tokens you wish to stake on the next page.
3. Review all the details and confirm the transaction using your wallet.
4. Sit back, earn rewards in LUSD, and grow your crypto portfolio by staking LINA on Buildr.
How Many LINA Coins Are There?
The total supply of LINA is fixed at 10,000,000,000. As of March 2023, the circulating supply of LINA is just over 4,800,000,000. The circulating supply can vary based on the level of activity on the Linear Finance protocol, staking activity, and other factors.
