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Buy Defi with Coinbase Wallet

Defi can be traded using Coinbase Wallet, your key to the world of crypto.

About Defi

Defi is a blockchain-based project that uses safe multiparty computation technology for fraud detection and credit data collaboration. Additionally, the platform believes that a data collaboration platform benefits value derivation from data and provides incentives for data contribution.

Moreover, the currency aims to be a data collaboration platform supporting multiparty credit, providing all the credit information to consumers. Also, the vision of Defi is to offer users a modern finance system by making credit more accessible. Additionally, the platform seeks to provide data portability, data privacy,  and security and reduce financial fraud by implementing identity proofing. In addition, the network is leveraging smart contracts and a distributed ledger to build a more transparent, fair, and trustful data-sharing platform.

In fact, the Defi protocol offers high security and privacy through a secure multiparty computation framework. The system helps the platform complete 10,000 transactions per second by employing a high-performance consensus design. Also, the Defi Data Collaboration Protocol offers secure, high-quality, and easily shareable and distributed data while maintaining users’ privacy. Henceforth, the network is a decentralized, open, scalable, fair, efficient, and reliable platform for data collaboration. 

Additionally, the network offers data providers an opportunity to collaborate over 3,000 types of data without revealing the actual data. Moreover, individuals can see their profile, manage its uses, report errors, build a comprehensive data profile, and earn rewards on this platform. Also, users can access the Defi platform to develop decentralized applications (DApps) like insurance, lending, etc.

On the other hand, Defi tokens (DEFI) play a vital role in the Defi ecosystem. DEFI is a cryptocurrency that holders can use as payment for data collaboration on the Defi platform. Moreover, Defi token holders can avail benefits of profit sharing and advanced request processing through a deposit-based confirmation method.

Kate Shen introduced Defi in the first quarter of 2019. Kate Shen was a program manager at Microsoft and Hulu. Additionally, Kate played a significant role in building Xiaomi’s presence in early international markets.

Market

Market stats

Market cap

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Volume (24h)

Not enough data

Circulating supply

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All time high

Not enough data

Market performance

Price change (1h)

+100%

Price change (1d)

+100%

Price change (1w)

+100%

Price change (2w)

Not enough data

Price change (1m)

0%

Price change (1y)

+2.66%

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Defi is on the rise this week.

The price of Defi has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Defi’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Defi?

We update our Defi to USD currency in real-time. Get the live price of Defi on Coinbase.

What other assets are similar to Defi?

Assets that have a similar market cap to Defi include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Defi on Coinbase?

Yes, Defi is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Defi guide.