Beta Finance (BETA) is a cryptocurrency designed to enhance efficiency and transparency in digital transactions. Beta Coin is typically used within specific ecosystems, such as DeFi (Decentralized Finance) platforms, gaming applications, or other platforms. Users can utilize BETA to gain access to services and features within that ecosystem.
About Beta Finance (BETA) TOKEN
Data and Information
Beta Finance (BETA) is a groundbreaking permissionless money market on Ethereum designed for the borrowing, lending, and shorting of crypto assets. It enables users to participate in a scalable financial ecosystem where tokens can be listed automatically without the need for permission, enhancing accessibility.
With three primary functions—lending, borrowing, and shorting—Beta Finance allows lenders to earn interest on their crypto assets while borrowers can take opposing positions.
Unique to its model, Beta Finance facilitates short-selling through decentralized exchanges utilizing automated market makers instead of traditional order books, making it distinct in the DeFi landscape. Its innovative “1-Click Short” tool simplifies the process of initiating short positions, enhancing market stability and efficiency.
The platform follows an isolated collateral model, ensuring that the risk of liquidation in one position does not jeopardize others, thereby enhancing user security. Initially supporting collateral options like ETH, USDC, USDT, and DAI, Beta Finance also plans for community-driven expansions in collateral options.
With significant backing from prominent investors and a focus on addressing the volatility challenge in crypto markets, Beta Finance is well-positioned for growth and cross-chain expansion in the evolving DeFi sector.
For more information, visit the official Beta Finance (BETA) website at https://www.betafinance.org/.
Crypto Asset Ranking Information
As of 3 Oktober, 2024 the CoinMarketCap ranking of Beta Finance (BETA) is #600, with a market cap of USD 38,581,941 It has a circulating supply of 859,090,909 BETA and a maximum supply of 1,000,000,000 BETA
How to Buy Beta Finance (BETA) on INDODAX
Now that you’ve discovered more about Beta Finance (BETA) , you can start investing in (BETA) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy Beta Finance (BETA) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for Beta Finance (BETA) in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired Beta Finance (BETA) purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in Beta Finance (BETA) on INDODAX now!