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Table Of Contents
Goldfinch aims to solve one of the pain points of DeFi (decentralized finance) and that is offering users access to loans without collateral. The intended end result is it would allow anyone to become a lender versus the current status quo of this power being exclusively centralized to banks. Goldfinch initially launched by deploying capital in emerging markets including Mexico, Nigeria, and Southeast Asia.
The Goldfinch team believes that removing these type of collateral requirements is the solution needed for crypto to emerge and successfully break into global debt markets. It also offers power to communities instead of banks. This type of lending could be extremely beneficial for emerging markets with microlending, and it could scale to larger business loans. How returns work for holders of the token, is the tokens are held into a pool to earn yield. As businesses make interest payments the funds are disbursed to the token holders.
To learn more visit our Investing in Goldfinch guide.
We list the top 3 exchanges that offer the ability to buy Goldfinch Protocol (GFI) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Goldfinch Protocol (GFI). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherland residents are prohibited.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
Established in 2013, Gate.io has grown in to 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 Goldfinch Protocol (GFI), 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 Australia & UK residents.
USA & Canada residents are prohibited.
Uniswap is a decentralized exchange (DEX) for swapping tokens, which uses an automated market maker (AMM) model that allows users to trade against a liquidity pool. While this is obviously a good option to purchase Goldfinch Protocol (GFI), we only recommend this platform for advanced users. Due to the fact that this is exchange is decentralized, you are liable for any losses due to errors made.
Learning to use decentralized exchanges is not for the faint of heart. We recommend Uphold instead.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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