A worldwide credit scheme called Goldfinch(GFI Coin) provides stablecoin returns that are both protected from the volatility of DeFi and produced by real-world economic activity. The Ethereum token GFI controls the Goldfinch platform, whose ultimate goal is to increase the accessibility of DeFi lending by enabling loans with both on-chain and off-chain collateral.
According to market capitalization, Goldfinch Protocol (GFI) is presently the #12637 cryptocurrency. It is currently trading at $0.859644 after reaching a high of $0.914007 today. The price of Goldfinch Protocol (GFI) has increased by 0.250000% over the previous day. With a $394,070 24-hour trade volume on 8 exchanges, Goldfinch Protocol is now in trading.
Regarding Goldfinch (GFI): With an emphasis on lending to companies in emerging markets, Goldfinch is a decentralized lending protocol that permits cryptocurrency loans without the need for cryptocurrency collateral. Businesses receive credit lines from Goldfinch, which they can use to withdraw USDC and convert it to fiat.
How to buy Goldfinch (GFI)?
The list of cryptocurrencies that can be utilized on the Binance platform is constantly being updated by Binance. You can use the detailed instructions below to buy Goldfinch, which is not presently available on Binance. It will demonstrate how to purchase Goldfinch by linking your cryptocurrency wallet to a decentralized exchange (DEX) and purchasing base money with your Binance account.
1. Install a Metamask wallet.
Within the Ethereum network, there are a number of crypto wallets to select from, but Metamask seems to be the most integrated. You can download Google Chrome and the wallet Chrome extension if you’re using a desktop computer. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s accessible. Visit the Metamask website to make sure you are getting the genuine Chrome extension and mobile app.
- Install the Metamask Register extension for Google Chrome or the mobile app you downloaded in Step 1 to register and configure the cryptocurrency wallet. You can use the support page for the wallet as a resource. Make a note of your wallet address and keep your seed phrase secure. Later, when you are on Steps 4 and 6, you will need it.
- Purchase Ethereum as your primary money.
You can buy Ethereum by logging into your Binance account after setting up your wallet and going to the Buy & Sell Crypto page.If you have never used Binance before, you may read our How to Buy Ethereum article to learn how to sign up and purchase your first cryptocurrency.
2. Transact with Binance to Send Ethereum to Your Crypto Wallet.
Go to your Binance wallet section and search for the Ethereum you bought after purchasing it. Click on “withdraw” and provide the necessary data. Set the network to Ethereum, enter your wallet address, then enter the desired transfer amount. When your Ethereum is ready, click the withdraw button and wait for it to show up in your Metamask.
3. Decide on a decentralized exchange (DEX).
There are several DEXs available; you only need to confirm that the exchange supports the wallet you choose in Step 2. For instance, you can go to 1inch to complete the transaction if you utilize the Metamask wallet.
4. Integrate Your Wallet.
Using your wallet address from Step 2, link your Metamask wallet to the DEX you wish to utilize.
5. Exchange your Ethereum for the desired cryptocurrency.
Choose your Ethereum as the payment method, and then choose the Goldfinch currency you want to buy.
6. Find Goldfinch’s Smart Contract if it disappears.
You can use https://etherscan.io to find the smart contract address if the coin you desire is not listed on the DEX. Afterward, you can copy it and paste it into 1inch. Be on the lookout for fraud and confirm that you have the correct contract address.
7. Use the Swap.
When you are finished with the preceding procedures, select the Swap button.
Price prediction of GFI Coin
In the entire cryptosystem, Goldfinch (GFI), which has a total supply of 114,285,714 GFI and a circulating supply of $22.2 million (22,198,238) GFI, is currently ranked 617th with a price of $0.86.As of right now, its market cap is $19.03 million ($19,027,143.90), its maximum supply is $114.29 million ($114,285,714 GFI), and its fully diluted market cap is $97.96 million ($97,959,609.50).
GFI is currently up 0.61% over the previous 24 hours. Its most recent 24-hour volume, which is enormous and remarkable, is 365.88 Thousand ($365,875.95).
Over the past week, Goldfinch’s price has dropped by -11.33%. The cost of Goldfinch has dropped by -27.39% in the past month. Therefore, all of the provided values may vary daily from exchange to exchange. If you want to invest in cryptocurrencies and get a high return on your money, please conduct an adequate study to learn what industry insiders anticipate from each cryptocurrency.
Some of the frequently asked questions about GFI Coin:
What was the highest GFI coin price?
On January 11, 2022, Goldfinch reached an all-time high of $32.94. (8 months).
What was the lowest GFI coin price?
On September 4, 2022, Goldfinch reached an all-time low of $0.829249. (2 days).
What was the Goldfinch trade volume over a 24-hour period?
Goldfinch has a $144,768 trading volume over a 24-hour period.
Where can one trade in Goldfinch?
On Coinbase Exchange, CoinEx, and Gate.io, you can trade Goldfinch. The following are some of the most popular trading pairs for Goldfinch on the market: GFI/USD, GFI/CAD, GFI/AUD, GFI/GBP, GFI/INR, and GFI/PHP.
A DeFi technology called Goldfinch introduces crypto loans to the real world.
GFI crypto: is it a wise investment?
GFI should close in 2031 at $588.19 and reach $416.75 by the end of 2030. A little more cautiously, DigitalCoinPrice projects that the price of GFI will average $5.53 in 2022, $6.36 in 2023, and then drop to $5.96 in 2024.
Describe the Goldfinch Protocol Coin.
A decentralized credit protocol called Goldfinch aims to offer cryptocurrency loans without requiring any kind of security. The Goldfinch protocol seeks to increase access to money and promote financial inclusion, according to project documents.