Coinbase, Exchanges

Can I Buy DeFi Tokens on Coinbase?

It’s been a big year for DeFi.

Decentralized finance—often referred to as “DeFi”—refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain.

From lending and borrowing platforms to stablecoins and tokenized BTC, the DeFi ecosystem has launched an expansive network of integrated protocols and financial instruments. And as DeFi continues to grow, so too does the demand for ways to easily buy DeFi tokens.

NOTE: Warning:
Buying DeFi tokens on Coinbase can be a risky investment. It is important to understand the risks of investing in DeFi tokens and to do your own research before investing. Be aware that Coinbase does not provide any advice, research or recommendation about the suitability of any particular investment strategy, security or product. You should always consult a qualified financial adviser before making any decisions about buying DeFi tokens on Coinbase.

One of the most popular cryptocurrency exchanges, Coinbase, recently announced that it would be adding support for five major DeFi tokens: COMP, LEND, LINK, SNX, and UNI. This is big news for the DeFi space, as Coinbase is one of the most user-friendly exchanges and now supports trading in a wide range of digital assets.

For those looking to get started in DeFi or simply add some DeFi tokens to their portfolios, Coinbase is now one of the easiest and most accessible exchanges to do so. In this article, we’ll take a look at how you can buy DeFi tokens on Coinbase.

Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates exchanges of bitcoin (), Ethereum (), Litecoin (), Bitcoin Cash (), Ethereum Classic (), Tezos (), and several other cryptocurrencies with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

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