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How to buy BarnBridge (BOND) in the US

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

BarnBridge
BOND- USD
DEFI
$20.74
-$0.48 (-2.27%)

How to buy BarnBridge

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

  1. Open an account on an exchange that supports BOND.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  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 BarnBridge.
  3. Buy BarnBridge.
    Complete your BarnBridge purchase and then find the best wallet to store BOND.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is BarnBridge?

BOND, an ERC-20 token, is the governance token of BarnBridge protocol. The protocol essentially brings the traditional risk management aspect to DeFi space by creating “bond-like” products which split the risks associated with cryptocurrency investment into various tranches or buckets, which allows participants, especially institutional investors, to invest in crypto assets based on their risk appetite. The investor can choose from a low (senior), mid or high (junior) risk bucket based on their risk profile and are offered corresponding returns. On providing liquidity to the pool, the investor receives a token that represents ownership and can be traded on other protocols. However, these tokens are not the platform’s governance token, BOND.

Currently, BarnBridge offers two products: Smart Yield Bonds and Smart Alpha Bonds. BOND token is integral to the platform as it is the native token of the platform used for staking in the DAO system to propose changes to the protocol or make any decisions regarding the direction of the protocol. The project is focused to expand DeFi capabilities and address some of the important aspects of institutional activity, including risk management and access to fixed income instruments thereby, increased institutional activity across DeFi.

BarnBridge (BOND) is the 342nd largest cryptocurrency in the world by market cap, valued at $78,816,312. The current price of BarnBridge is $20.84, which is -2.793% lower than yesterday. Prices have ranged between $21.73 and $20.55 over the past 24 hours. All prices are listed in US dollars and accurate as of July 29, 2021 07:07 UTC.

Where to buy BarnBridge

Find an exchange to buy, sell and trade BOND by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

41
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

69
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
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Compare up to 4 providers

BarnBridge at a glance

Information last updated July 29, 2021 07:07 UTC.
Coin symbolBOND
Total BOND supply10,000,000
Circulating BOND3,785,793
Current priceUS$20.84
All time highUS$185.69
Notable team membersTroy Murray, Tyler Ward, Milad Mostavi, Dragos Rizescu
PartnershipsDigital MOB, atpar, centrality, Rude Labs, Proof Systems
IndustryA fluctuations derivatives protocol
Token usesGovernance, staking
NetworkEthereum

BarnBridge price performance over time

Historical prices compared with the price of US$20.84.

1 hour 0.43%
24 hours -2.79%
7 days -0.40%
14 days -22.58%
30 days -30.77%
60 days -18.35%
200 days -7.71%
1 yearN/A

How to sell BarnBridge

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

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

What to consider when buying BarnBridge

Consider the following before buying BOND:
  • Competition: BarnBridge is a first-of-its-kind platform providing fixed income to the DeFi space. Although it is unique in its offering to smoothen the risk and aggregate fixed-income yields, thereby improving the overall efficiency of the system, there are other option trading platforms including Hegic and Opyn which allow institutional traders to hedge risks and are sufficient in serving the TradFi community.
  • Governance: The BOND governance token empowers users to vote on changes to the platform including rewards, fees and improvements. The entire infrastructure of the platform is built around a community-driven DAO. The BarnBridge team has also expressed their interest via a Medium post, to launch a token model similar to Synthetic and Aave, where staked tokens provide insurance-like protection against any protocol failures. Stakers would be rewarded in return with protocol fees.
  • Risks: Similar to the fixed income products in the traditional world of finance, which carry low risk but are not 100% risk-free, BarnBridge also provides investors to mitigate risk against a fixed return but is not 100% risk-free. The smart contracts on the platform can be hacked, which is a common occurrence in the DeFi space, and the platform also runs the risk of suffering from insufficient liquidity and low yields of DeFi platforms it connects with. If there is not enough liquidity on Compound and BarnBridge Smart Alpha Bond tries to liquidate assets there, the pool investors will end up losing money.
Disclaimer: Cryptocurrencies, including BarnBridge, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BOND 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 BarnBridge or any other cryptocurrency discussed.

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