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How to buy Alpha Finance (ALPHA) in the US

A beginner's guide to buying and selling ALPHA in the US.

Alpha Finance
ALPHA- USD
DEFI
$0.68
+$0.01 (+1.09%)

How to buy Alpha Finance

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Alpha Finance.

  1. Open an account on an exchange that supports ALPHA.
    Jump to our instructions to learn how to bridge — just remember that using a DEX can be complicated and may be more risky than using a CEX.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Alpha Finance.
  3. Buy Alpha Finance.
    Complete your Alpha Finance purchase and then find the best wallet to store ALPHA.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Alpha Finance?

Alpha Finance Lab is a DeFi platform that focuses on leveraged yield farming. It aims to allow users to operate across a variety of different crypto ecosystems, including Ethereum and Binance Smart Chain (BSC). The platform uses a system where users can lend cryptocurrency to serve as leverage for farms as well as take advantage of that lending by juicing up their yields through the funds provided. The platform’s native token offering is ALPHA, which can be used for a variety of different purposes. For example, the tokens can be used for staking in order to cover any loans that have been defaulted on. Furthermore, the tokens can also be used for on-chain governance purposes such as voting as well as liquidity mining.

Alpha Finance (ALPHA) is the 176th largest cryptocurrency in the world by market cap, valued at $234,772,635. The current price of Alpha Finance is $0.66886, which is 1.468% higher than yesterday. Prices have ranged between $0.717514 and $0.652824 over the past 24 hours. All prices are listed in US dollars and accurate as of August 02, 2021 04:08 UTC.

Where to buy Alpha Finance

Where to buy Alpha Finance

If ALPHA is not available on exchanges in your local market, then you may need to use a decentralized exchange (DEX). Decentralized exchanges run on blockchains like Ethereum and allow users to trade directly with one another without the need for a middleman.

Decentralized exchanges are unregulated and run on autonomous pieces of code known as dApps. To use a dApp you interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you’re unfamiliar.

  1. Find ALPHA on a decentralized exchange and make sure Alpha Finance can be traded for ETH which is the native asset of Ethereum. Popular DEXs include:
  2. Buy ETH to trade for ALPHA – you can find check a list of exchanges that sell ETH.
  3. Transfer the ETH into a personal wallet to trade for ALPHA using a web 3.0 wallet like MetaMask to connect to the DEX.

Alpha Finance at a glance

Information last updated August 02, 2021 04:08 UTC.
Coin symbolALPHA
Total ALPHA supply1,000,000,000
Circulating ALPHA351,004,126
Current priceUS$0.66886
All time highUS$2.93
All time high dateFebruary 06, 2021
Notable team membersTascha Punyaneramitdee, Nipun Pitimanaare
PartnershipsCompound Finance, SCB 10X
IndustryYield farming
Token usesUtility token
NetworkBinance Smart Chain, Ethereum

Alpha Finance price performance over time

Historical prices compared with the price of US$0.66886.

1 hour 0.99%
24 hours 1.47%
7 days 11.33%
14 days 28.99%
30 days 50.10%
60 days -20.50%
200 days 45.51%
1 yearN/A

How to sell Alpha Finance

You can cash out your ALPHA with the same exchange you bought it through:

  1. Sign in to the exchange you have ALPHA on.
    If you store your Alpha Finance in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ALPHA you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Alpha Finance.

What to consider when buying Alpha Finance

Below are the aspects you should consider before investing in ALPHA:
  • Novel governance framework: Even though Alpha Finance Lab is basically structured like a decentralized autonomous organization (DAO), affording ALPHA holders the ability to vote on how the platform should be run as well as on certain specifics regarding future Alpha products, the governance module is split into two levels: product-level governance and finance-level governance.
  • Solid dev team: The Alpha Finance Lab core dev team consists of Tascha Punyaneramitdee, who was previously the head of strategy for another prominent crypto project called Band Protocol. She has previously also served as a product manager for tech giant Tencent from 2018 to 2020. Other noteworthy team members include Nipun Pitimanaaree, a Massachusetts Institute of Technology (MIT) graduate who was previously the recipient of a gold medal at the International Mathematical Olympiad (IMO) for four years running.
  • DeFi accessibility: Alpha Finance Lab’s various product offerings seek to make the DeFi ecosystem more accessible to everyone. For example, Alpha Homora is the first platform within this burgeoning space to introduce to the world the concept of “leveraged yield farming,” which allows users to borrow from both depositors in Alpha as well as other platforms (such as Cream) in a fully automated, undercollateralized manner.
  • Similarly, AlphaX is one of the world’s first Uniswap-style perpetual swap decentralized exchanges that does not make use of any order books. As a result, it allows more crypto users to gain access to a whole host of unique financial offerings, such as leverage trading without having to go into the nitty-gritty of the concept.
  • Limited token supply: Another facet of this project is that it has a capped token supply — only a total of 1 billion ALPHA will ever be produced. Of this figure, a total of 174.1 million tokens were released during the launch of the platform.
Disclaimer: Cryptocurrencies, including Alpha Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ALPHA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Alpha Finance or any other cryptocurrency discussed.

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