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Beta Finance (BETA)

€ 0,05359

5,21 % € 0,00279
24h 1w 1m 1y All

Beta Finance Price in Euros

(BETA to EUR)

€ 0,05359

Beta Finance Volume

(24h)

€ 7.3 M

Market Cap

(Beta Finance)

€46.09 M
BTC

What is Beta Finance

Beta Finance is a permissionless money market, which means that people can provide and borrow loans within this protocol without the need for permission from an intermediary.

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How does Beta Finance work?

The idea is that anyone can create a market for a crypto asset at any time. The protocol consists of borrowers, lenders, traders, and liquidators, and operates with an isolated collateral model, which means that tokens cannot be easily liquidated.

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How to buy Beta Finance?

Do you want to buy Beta Finance (BETA)? You can easily do this at Coinmerce. Simply select the coin, and payment method and after payment, you’ll receive the tokens in your wallet!

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How to buy Beta Finance?

Do you want to buy Beta Finance (BETA)? You can buy Beta Finance using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Beta Finance, use the search function to search for Beta Finance and click on the name. You can indicate for how much you want to buy Beta Finance in the right window. Below is shown how much Beta Finance you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Beta Finance when the price of Beta Finance reaches your entered value. You can also execute a repeating order. Do you want to buy Beta Finance with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Beta Finance.

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About Beta Finance

Beta Finance was launched by Allen Lee, who graduated from MIT and worked as a software engineer at Microsoft and Facebook. Beta's mission is to counter the volatility in DeFi by developing critical infrastructure and tools to facilitate market efficiency. Users can utilize the platform's "1-Click Short" tool, where with just one click, they can select the DEX to swap through and stake the newly acquired collateral with the borrowed amount in the short position. Beta Finance follows an isolated collateral model to support more volatile assets, meaning that a collateral position at risk of liquidation does not pose a danger to another position. BETA is the native utility token and serves the following functions: for staking, allowing token holders to receive a portion of the generated yield; for liquidity mining, enabling users to lock their tokens in the lending pools; and as a governance feature, enabling token holders to participate in voting and decision-making for the protocol.

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Video Video
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Founder Allen Lee
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Founder
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Website Website
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Network Ethereum Network
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Location
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Rank 733
euro
Market Cap 46.09 M
euro
Trading volume 7.3 M
euro
Maximum coins 1000 M
euro
Circulating 859.09 M
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