In this guide you’ll get information about where to buy Ref Finance, if you are planning to buy REF coin – You’re in the right place!
Ref Finance is designed as NEAR ecosystem’s gateway, through the AMM DEX. The platform is constructed on the top of NEAR protocol. The main purpose is to provide swapping and liquidity features. As an extra feature, Ref implements the Rainbow Bridge, which is a trustless connection that bridges any (Ethereum-based) assets seamlessly over to NEAR, and the other way around. As a result, different kinds of DeFi users can access the faster transaction processing speed as well as the lower fees.
The platform is designed as a multi-purpose and also community-lead platform that can tap into all the positive features of NEAR protocol. after all, NEAR is known for its fast finality (only one or two seconds), low fees, and also sophisticated runtime with WebAssembly basis. Besides being able to enjoy all of those advantageous features, the platform also provides customizable pool fee, atomic transactions, and various pools within a contract.
Table of Contents
Ref Finance (REF) Features
- Trade. Users can make use of the available AMM exchange to trade tokens and get profitable outcome from the activity
- Pool. This feature would provide liquidity. Users can help with it and get revenue (from the swap fee).
- Stake. Users can always stake their REF token to get even more tokens. It can be done by earning the fees that the protocol generates
- Farm. Users can stake their LP (liquidity provider) tokens to farms. As a return, they will get rewards
- Unique AMM. The platform’s first product is the AMM, which shares similarities to Uniswap, but there are several different things about it. For instance, it can manage multiple pools within one contract. Traders, especially, can make use of it by trading across pools within one transaction. It also offers customizable fees (for LP) each pool.
- Community focus. The community is one of the core elements of the platform that is responsible for the development and growth of the ecosystem. The community has its own plan to launch a new DAO on NEAR to help with future community building, upgrades, and development.
Where to Buy, Sell and Trade Ref Finance aka REF
You can basically use debit card, credit card, or even PayPal to buy the Ref Finance (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Ref Finance as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Ref Finance. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Ref Finance currency and exchange your Ethereum / Bitcoin / Tether with the Ref Finance
- Store your Ref Finance to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Ref Finance, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Ref Finance:
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the REF/BTC or REF/ETH or REF/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you REF/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Ref Finance (REF)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Ref Finance (REF) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Ref Finance (REF) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Ref Finance. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Ref Finance (REF) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Ref Finance (REF) with Skrill?
You can’t buy REF directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Ref Finance. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy Ref Finance (REF) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair REF/BTC and begin the transactions.
Can I Buy Ref Finance (REF) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support REF/ETH trading pair.
What Is the Best Payment Method to Buy Ref Finance (REF)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Ref Finance right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Ref Finance (REF)?
Once you have purchased the Ref Finance, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Ref Finance (REF)?
Find a crypto exchange which allow pairing REF with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Ref Finance (REF) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Ref Finance is to buy it from a reliable exchange.
Ref Finance is a decentralized platform that is designed to make swapping and liquidity easy. With all the provided features and technologies, users should be able to unlock the opportunities and enjoy the profitable outcome. Anyone who is interested in joining the platform must buy Ref Finance (REF) as their entryway to the platform.