Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
HiFi Finance is an increasingly popular lending protocol, which is structured atop the Ethereum network. The company maintains a tagline ‘Borrow against your crypto without any surprises'. This comes from what it boasts as an ability to offer fixed-rate lending/borrowing, through trading tokenized debt.
Throughout the protocol, HiFi Finance makes use of its native ‘Mainframe Token' or ‘MFT' in various ways. These include,
- governance voting
- increased rewards
- access greater leverage
MFT tokens maintain a hard cap of 10,000,000,000, with its entire supply already in circulation.
Notably, HiFi Finance was formerly known as ‘MainFrame'. An official rebranding took place in 2021 after a major restructuring, which saw the addition of various team members, and the acquisition of Sablier.
To learn more, make sure to visit our Investing in HiFi Finance (MFT) guide.
How to Buy HiFi Finance (MFT) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy HiFi Finance (MFT) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy HiFi Finance – Use your funds to Buy MFT.
We list the top 4 exchanges that offer the ability to buy HiFi Finance (MFT) with a credit card, debit card, or Bitcoin (BTC).
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers HiFi Finance (MFT) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Hifi Finance (MFT) here are both lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins, including HiFi Finance (MFT), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australian & UK residents.
USA & Canada residents are prohibited.
Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer HiFi Finance (MFT) trading opportunities and currently accepts clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.
USA residents are prohibited.
Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology.
You may like
Investing In Hifi Finance (MFT) – Everything You Need to Know
Investing In Compound (COMP) – Everything You Need to Know
Investing In Near Protocol (NEAR) – Everything You Need to Know
Investing In Curve DAO (CRV) – Everything You Need to Know
Investing In Chainlink (LINK) – Everything You Need to Know
Investing In Polkadot (DOT) – Everything You Need to Know