Start investing in YFII (yfii finance) through Huobi, one of the most popular Cryptocurrency exchanges.
YFII (yfii finance)
YFII is a smart contract liquidity mining project established by the community based on an unvoted YFI proposal.
How to buy YFII (yfii finance) on Huobi?
Follow the easy 4 steps below to buy YFII (yfii finance) on Huobi.
- Register a Huobi Global account
Provide an email address, create a username, and choose a secure password. - Verify your account
After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation. - Deposit in fiat currency or cryptocurrency
To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies. - Start buying Bitcoin on Huobi
Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and YFII (yfii finance) derivatives trading.
What is YFII (yfii finance)?
YFI stopped mining on July 26. In order to ensure that liquidity is not withdrawn from mining on a large scale, the community governance YIP-8 proposed an additional issuance proposal to halve the weekly additional issuance of each mining pool.
Although the proposal received more than 80% support, it failed because the total vote did not meet the minimum required 33%.
In order to ensure that Andre’s genius idea and system are not controlled by the previous giant whale account, the YFI project was forked, code-named YFII.
YFII adopts a halving and additional issuance mechanism similar to Bitcoin to ensure a fairer distribution of tokens to community members.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...