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How to buy Beta Finance (BETA)

Learn how to buy Beta Finance (BETA) in our step-by-step guide.

Where to buy Beta Finance

It looks like BETA may not be available to purchase on an exchange in the US.

You can still purchase BETA by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase BETA using a decentralized exchange.
  1. Find BETA on a decentralized exchange and make sure Beta Finance can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for BETA using an exchange like Gemini. You will need to purchase enough ETH to swap for BETA as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for BETA on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the BETA tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Beta Finance wallets to store your BETA

You can keep your BETA on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BETA below.
Read more

Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Beta Finance a good investment?

Due to the high levels of volatility, all altcoin investments should be thoroughly researched. This includes evaluating both the token and the associated platform. Here are a few factors to consider before investing in BETA:

  • Usability: The BETA token fulfills a host of utilities within the Beta Finance ecosystem. Usually, the higher the number of use cases for a cryptocurrency, the higher the demand. The number of use cases for BETA is encouraging for future demand. It is demand that will ultimately drive price.
  • Shorting cryptocurrencies: Traditionally, the cryptocurrency ecosystem is all about the success of each coin or token, which equates to increases in the cryptocurrency’s value. However, shorting is a traditional method of hedging within the traditional markets. This has not been easy to achieve within the cryptocurrency industry thus far. Beta Finance provides one of few ways for cryptocurrency investors to short tokens, which make peak interest in the application. An increase in user growth could place upwards pressure on the price of BETA.
  • Tokenomics: The maximum total supply of BETA has been capped at 1 billion tokens. 5% was allocated to an initial launch that took place on Binance. 10% were allocated to an early investor seed sale. 5% were allocated to a strategic sale. 5% were granted to the Alpha Finance launchpad. 20% were kept for the Beta Finance team and advisors. 20% remains for liquidity mining rewards. And the remaining 35% is allocated for future ecosystem growth.
      • Read more

      Today's Beta Finance price versus ATH

      Compare today's price of Beta Finance ($0.087712 USD) against its all-time high (ATH) price of $3.45 on October 10, 2021. The closer the bar is to 100%, the closer BETA is to reaching its ATH again.

      Current price: $0.087712
      All time high: $3.45
      3%
      97%

      Similar assets

      Bitcoin

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      $27,718.00

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      Ethereum

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      $1,764.37

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      Tether

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      $1.01

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      BNB

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      1. Data by CoinGecko

      Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

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