Yearn Finance (YFI) is listed on the Crypto.com App today, 30 September 2020. YFI joins a growing list of 80+ cryptocurrencies and stablecoins on our App, such as Bitcoin (BTC), Ether (ETH), XRP, Cardano (ADA), Chainlink (LINK), VeChain (VET), USD Coin (USDC), as well as CRO Tokens.
In addition, deposits and withdrawals have been enabled.
YFI is a suite of decentralized finance (DeFi) products focused on creating a simple way to generate high risk-adjusted returns for depositors of various assets via best-in-class lending protocols, liquidity pools, and community-made yield farming strategies on Ethereum.
With YFI added to the Crypto.com App, users can now purchase it at true cost with no fees - credit card and bank transfer both supported. As Crypto.com also offers a Visa Card, this adds additional utility to YFI as users can easily convert cryptocurrencies into fiat currencies and spend at over 60m merchants globally.
- YFI is not available for residents of the United States.