You can buy as little as $10 of Yearn.Finance with eToro. But regulation does guarantee that you are dealing with a reputable business that is doing business by the book. Regulation will not stop your trades losing money if crypto prices go the wrong way. In Australia, ASIC Cyprus, CySEC in the US, the SEC and FinCEN. In the UK, it is the stringent FCA which oversees eToro operations. Unlike many crypto exchanges, broker eToro is heavily-regulated. Yearn.Finance has 220k followers on eToro. The new spread on Yearn.Finance, for example, has reduced from 2.9% to just 0.15%. Instead of levying a hefty bid-ask spread (the difference between buying and selling price) and 0% commission, eToro now charges a 1% fee on crypto transactions twinned with a much lighter spread. This fee reduction applies to all its crypto range, including meme coins and metaverse coins. 49 out of 55 of its cryptos are now cheaper to trade than before, including YFI. It is a great time to sign up with eToro because the broker has, in March 2022, changed its fee structure. You can access eToro via a desktop/laptop or via its own free smartphone app - which was the most downloaded trading app in 2021. The global broker, accessible from over 120 countries, has spent many years ensuring that its interface is easy to use as possible. Since its launch in 2006, eToro has attracted over 27 million users. eToro – Best Broker to Buy Yearn.Finance with Tight Spreads eToro will hold your crypto until you want to sell.īelow we tackle the question of where to buy Yearn.Finance with a review of leading broker eToro and three top crypto exchanges: 1. □ Step 4: Buy – Use your account balance to buy YFI in seconds.Check out eToro’s 60+ other cryptos too, as well as stocks, ETFs and commodities. Simply enter ‘YFI’ in the top eToro toolbar to track down your crypto. □ Step 3: Search for Yearn.Finance coin – One of eToro’s many easy-to-use functions is Search.□ Step 2: Deposit – eToro accepts 15 currencies (including GBP, EUR and USD) via bank transfer, credit/debit card and a range of e-wallets. Sign up with a few personal details and verify your account with some ID.
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