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How to Buy CrossFi
Good news! You can buy CrossFi on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy CrossFi.
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CrossFi is only tradable on decentralized exchanges (DEXs). Learn more
CrossFi brings together stakeholders in the filecoin ecosystem looking to utilize decentralized finance. Two leading filecoin mining manufacturers, Dataline and DCTech, are early supporters and have worked directly with the CrossFi tech team to develop the initial solution utilizing CrossFi’s MAP technology.
The key value CrossFi brings to the DeFi space is to give liquidity to locked digital assets similar to a bond. For example, filecoin users can stake their FIL on the filecoin network using the CrossFi protocol and mint an equivalent value amount of ERC20 compliant liquid cFIL. This is a two-way reversal process, meaning users wanting to later unlock their staked filecoin must send the equivalent amount cFIL to the redemption contract, executing a burn of the synthetic cFIL for a small settlement fee. As the protocol-supported liquidity pool is chain-agnostic and utilizes synthetic assets, there is virtually zero slippage as a result of asset swapping.
Earn up to $2,000 when you buy $50 in crypto
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Tags
Network | Address | |
|---|---|---|
Ethereum | 0x8848812BD31AEEe33313C10A840FfC3169078C5b | |
BNB Smart Chain | 0xAE20BC46300BAb5d85612C6BC6EA87eA0F186035 |
Time | Price | Change |
|---|---|---|
Today | CA$0.00 | Not enough data |
1 Day | CA$0.01126 | Not enough data |
1 Week | CA$0.01105 | |
1 Month | CA$0.01129 | |
1 Year | CA$0.01111 |
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.