Looking to tap into the world of decentralised finance (DeFi) with a powerful and secure platform? DeFiChain (DFI) might be exactly what you need. Built to unlock the full potential of DeFi on Bitcoin, DeFiChain offers fast, transparent, and decentralised financial services. Unlike traditional banks, this blockchain platform gives you full control over your funds without relying on central authorities.
Launched in 2019, DeFiChain supports a wide range of features like lending, token wrapping, and asset tokenisation. It connects directly to the Bitcoin blockchain, ensuring enhanced security and stability. The platform’s non-Turing complete transactions reduce errors, lower fees, and deliver faster processing times—making it ideal for seamless DeFi operations.
Whether you’re looking to invest or diversify your crypto portfolio, buying DFI tokens opens doors to endless DeFi opportunities. Let’s dive into how you can buy DeFiChain easily and securely!
How To Buy DeFiChain In 4 Easy Steps?
Here’s a simple guide to help you purchase and securely store your DeFiChain tokens with ease.
Step 1: Choose A Crypto Exchange Platform
The first step to buying DeFiChain is selecting a reliable crypto exchange. Look for platforms that offer a secure environment and support the payment methods you prefer. If you want to buy with INR, CoinDCX is a trusted option for direct purchases.
For those who prefer altcoins, there are several choices. Platforms like CoinEX, KuCoin, Gate.io, and HTX offer Tether (USDT) trading pairs. Additionally, you can use Bitcoin (BTC) on DeFiChain DEX, KuCoin, and Bitrue. If you prefer Ethereum (ETH), the DeFiChain DEX also supports this option. Choose an exchange that best suits your requirements to ensure a smooth transaction process.
Step 2: Register On Any Of The Platform
Once you’ve decided the platform, the next step is to create an account. Start by visiting the exchange’s signup page and filling in your details, such as your email address and phone number. You’ll also need to provide proof of identity, usually through a government-issued ID like a driver’s license or passport.
The verification process typically takes a few hours. After your account is set up and verified, you’re all set to start exploring DeFiChain trading options.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your account ready, it’s time to fund it and buy DeFiChain tokens. If you’re using INR, CoinDCX provides an easy way to make direct purchases.
For altcoin users, there are several ways to buy DeFiChain. You can use Tether (USDT) on CoinEX, KuCoin, Gate.io, and HTX. If you prefer Bitcoin (BTC), the token is available on platforms like DeFiChain DEX, KuCoin, and Bitrue.
Ethereum (ETH) is another option, particularly through DeFiChain DEX. Select the payment method that best matches your needs and follow the platform’s instructions to complete your purchase.
Step 4: Store The Cryptocurrency In A Wallet
After purchasing DeFiChain, it’s important to transfer your tokens to a secure wallet. Keeping your tokens on an exchange can be risky, therefore moving them to a personal wallet helps safeguard your investment.
Some reliable wallets that support DeFiChain include Jelly Wallet and DeFiChain Wallet. Withdraw your tokens from the exchange and enter your wallet’s public address to complete the transfer. Once the transaction is confirmed, your DeFiChain tokens will be safely stored, giving you peace of mind and complete control over your digital assets.
Popular Video Guides On Buying DeFiChain (DFI)
Also read: What are Telegram crypto trading bots?
Where To Buy DeFiChain (DFI)
CoinEx, founded in 2017, is a global crypto exchange known for its proprietary trade matching system, enabling efficient and seamless transactions. It supports up to 10,000 transactions per second, ensuring a stable trading experience for users worldwide. Prioritising security and user satisfaction, CoinEx offers a reliable platform with a focus on blockchain innovation. Beyond trading, CoinEx aims to build a holistic crypto ecosystem by contributing to blockchain technology advancements, focusing on the lifecycle of cryptocurrencies from creation to valuation.
Factsheet
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Operational Since: |
2017 |
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Deposit Methods: |
Wallet transfer, Debit and Credit card, Bank transfer, Third party mode |
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Deposit Fees: |
Free for cryptocurrencies |
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Cryptos Listed: |
736 |
|
Trading Fees: |
Depends upon the VIP level from (0.1% to 0.2%) |
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Fiat Currencies Supported: |
60+ |
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Trustworthiness: |
Safe and Reliable |
CoinDCX is a top crypto exchange in India, offering low trading fees and multiple payment methods like UPI, NEFT, and IMPS. The platform prioritises security with multi-signature wallets and full insurance coverage for user funds. CoinDCX charges a flat 0.1% fee for spot trading, appealing to budget-conscious traders. Additionally, it provides educational resources through its DCX Learn program, which covers trading strategies and blockchain concepts. These features make CoinDCX a user-friendly platform for both beginners and experienced traders.
Factsheet
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Operational Since: |
2018 |
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Deposit Methods: |
Bank transfers, UPI, Debit/Credit cards, Crypto transfers |
|
Deposit Fees: |
Nil on fiat deposits |
|
Cryptos Listed: |
500+ |
|
Trading Fees: |
0.03% – 0.50% (Depends upon the trading volume) |
|
Fiat Currencies Supported: |
INR |
|
Trustworthiness: |
Safe and Reliable |
HTX, previously known as Huobi, was founded in 2013 by Leon Li and has since become a global leader in Web3 financial services. Catering to over 45 million users, HTX offers a range of features, including spot and futures trading, trading bots, research, and incubation. With a mission to empower individuals through financial freedom, HTX provides a robust and secure platform for diverse trading needs. Its continuous innovation and comprehensive services position HTX as a top choice for global crypto investors.
Factsheet
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Operational Since: |
2013 |
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Deposit Methods: |
Deposit Method: Bank Transfer, Credit/Debit card transfer, P2P trading and Cryptocurrency |
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Deposit Fees: |
Free |
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Cryptos Listed: |
700+ |
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Trading Fees: |
0.2% for both maker and taker |
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Fiat Currencies Supported: |
ALL, AUD, BGN, BRL, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, KZT, MDL, MKD, NOK, NZD, PHP, PLN, RON, SAR, SEK, THB, TRY, UAH, USD, VND. |
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Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy DeFiChain With A Credit Or Debit Card?
You can buy DeFiChain (DFI) directly with your credit or debit card on CoinDCX using INR. If you don’t have a CoinDCX account, sign up, complete the KYC process, and link your card to start buying DFI instantly.
Alternatively, you can purchase USDT with your card on exchanges like CoinEX, Gate.io, or KuCoin. After purchasing USDT, you can easily trade it for DeFiChain tokens on these platforms. This method provides flexibility if you’re already using international exchanges.
What Will You Need To Buy DeFiChain?
To purchase DeFiChain (DFI), you’ll need a few essential things. Here’s a step-by-step guide to help you get started:
- Reliable Exchange Platform: Start by choosing a trustworthy exchange platform like CoinDCX, which supports INR. If you prefer using USDT, you can opt for platforms like CoinEX, Gate.io, or KuCoin. These exchanges provide a user-friendly interface and advanced features to streamline your trading experience.
- Identification Documents: To register on an exchange, you’ll need to complete the KYC (Know Your Customer) process. Keep valid identification documents, such as your passport, Aadhaar card, or driver’s license, ready. This ensures compliance with regulations and secures your account.
- Payment Method: You can fund your account using a debit or credit card. Check whether your preferred exchange supports direct card payments to avoid any issues during the transaction.
- Secure Crypto Wallet: Once you’ve bought DFI tokens, transfer them to a secure wallet. Consider using wallets like Jelly Wallet and DeFiChain Wallet for safe storage. Review each wallet’s features and user feedback before making your choice.
What Is The Easiest Way To Buy DeFiChain?
The easiest way to buy DeFiChain (DFI) is through a trusted crypto exchange like CoinDCX. Since CoinDCX allows INR deposits, it’s a convenient option for users in India. Start by creating an account on CoinDCX and completing the KYC verification process. Once verified, deposit INR through UPI, net banking, or other supported methods. After funding your account, search for DFI in the exchange’s trading section and make your purchase.
You can also buy DFI with USDT on platforms like CoinEX, Gate.io, and KuCoin. These exchanges offer global access and various trading pairs, making it easy to trade DFI tokens.
Best Wallets To Store Your DeFiChain (DFI)
Choosing a reliable wallet is essential to keep your tokens secure and easily accessible. Different wallets provide unique features that cater to various user needs, making it easier to manage your digital assets efficiently.
- DeFiChain Wallet: The official wallet designed for storing DFI tokens offers users a seamless experience. It ensures top-level security while allowing you to manage, stake, and transfer your tokens effortlessly. The wallet also supports decentralised finance (DeFi) features like liquidity mining and token swaps, making it ideal for users looking to explore the DeFiChain ecosystem.
- Jelly Wallet: This browser extension wallet provides a quick and user-friendly way to manage DFI. It allows users to connect with decentralised applications (dApps) and perform secure transactions without compromising on safety. Jelly Wallet is a convenient option for those who frequently interact with the DeFiChain network and want easy access to their assets.
Using these wallets ensures that your DeFiChain holdings remain secure while offering features suited for both beginners and experienced DeFi enthusiasts.
