Can ETHFI coins be held for a long time? How to buy ETHFI coins?

With the development of the market, investors have gradually shifted their focus from mainstream currencies such as Bitcoin and Ethereum to emerging tokens that are more volatile and have relatively low circulation, such as ETHFI. ETHFI coin is the native token of Ether.Fi, and Ether.Fi is an infrastructure-based pledge protocol on the Ethereum network. Its characteristic is that it allows users to maintain control of their own keys while staking on behalf of others. For investors, in addition to understanding the basic information, they also want to know whether ETHFI coins can be held for a long time? As far as the current market development is concerned, ETHFI currency can be held for a long time. The editor will explain it in detail below.

#Can ETHFI coins be held for a long time?

ETHFI currency can be held for a long time. According to official data, the current price of ETHFI currency is 3.34 US dollars, lower than the historical high price of 61.5 US dollars. The issuance price is unknown, the market value is 2.774 billion yuan, and there are 27 online exchanges. , including mainstream exchanges such as Binance, Oyi, and Huobi. Overall, the current market development of ETHFI currency is not bad.

ETHFI is the native token of Ether.Fi, which is mainly used to govern the core aspects of the protocol, including treasury management, protocol upgrades, fee and revenue distribution, etc. This means that ETHFI holders can participate in protocol decisions and directly affect the future direction of Ether.Fi.

ETHFI is a brand new Ethereum staking protocol. In this protocol, participants can unstake while still retaining control of their keys. Through a system called Eigenlayer, the ETH originally used for pledge can be reused to support some external systems, such as rollups and oracles, which will increase the income of ETH pledgers in the entire process.

Ether.Fi is led by a veteran team of founders, including founder and CEO Mike Silagadze and co-founder Rok Kopp. Since 2023, Ether.Fi has successfully completed multiple rounds of financing, with cumulative funding exceeding US$30 million. Investors include North Island Venture Capital and Node Capital.

According to the latest developments of Ether.Fi, Ether.Fi is working on an advanced integration called decentralized verification technology (DVT). It hopes to allow everyone to join more freely as independent pledgers. In this way, the threshold for everyone to participate is lower and more flexible.

How to buy ETHFI coins?

Purchasing ETHFI coins is very simple. It is mainly carried out on the 27 online exchanges such as ETHFI, Binance, and Huobi. The following is a tutorial for purchasing ETHFI coins on ETHFI exchange:

1. Open the official website of OKX Exchange (click here to register), enter your email address on the homepage, and click "Register"

2. Slide the slider to the right to complete. Puzzle to verify, and then enter the verification code received by email. The verification code is valid for 10 minutes

3. Then enter your mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on your mobile phone. It is also valid for 10 minutes.

5. Select residence Country/region, check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. Create a password that must be 8-32 characters in length. 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ % and other conditions

7. After logging in to the account, find the homepage Click the "User Center" icon to enter the identity authentication page

8. Different levels of authentication can be performed according to different needs (note: video authentication needs to be operated on the APP)

9. You need to have USDT before conducting transactions. You can buy coins for transactions in C2C. Select the appropriate merchant according to your needs, click "Buy", and then pay according to the prompts and wait for the merchant to release Coin (if you do not receive the currency for a long time, you can contact customer service for processing)

10. Click "Transaction" - "Coin" on the homepage to enter the transaction page

11. Enter in the search box ETHFI, select the ETHFI/USDT trading pair, you can see the real-time market price of ETHFI

12. Enter the amount of ETHFI to buy and click to buy ETHFI

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