Good news for INDODAX traders: LeverFi (LEVER) will be available on the ERC-20 network on INDODAX!
On October 19, 2023, at 2 PM (UTC+7), INDODAX will start trading LeverFi (LEVER), and deposit activities can be carried out from October 18, 2023, at 2 PM (UTC+7).
Before trading, let’s get to know LeverFi (LEVER) and read more below!
LeverFI (LEVER) Token
Data and Information
LeverFi, formerly known as RAMP DEFI, is a decentralized leverage trading platform. In March of 2022, the team behind RAMP DEFI rebranded their company to adjust to the increasingly uncertain DeFi market. The rebrand aims to tackle issues within the current DeFi market such as a lack of sustainable TVL and utility.
The team behind LeverFi hopes to create a product that provides value by allowing users to trade and yield farm at the same time. Lenders deposit funds into lending pools and earn interest from traders who borrow to leverage trade up to 10X. Any liquidity from lenders that are not used would be deposited into other DeFi protocols to generate more yield.
LeverFi aims to bridge Ethereum and EVM-compatible chains like BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, and more.
Founder LeverFi (LEVER) Token
The Singapore-based RAMP DEFI project was founded in 2019 by Lawrence Lim and Loh Zheng Rong. Together, they re-branded the platform and launched LeverFi 3 years later. Lawrence Lim, the co-founder, began his career in 2012 in the traditional finance world. He worked in private banking and corporate mergers and acquisitions before transitioning into crypto with IOST, a blockchain network.
Loh Zheng Rong, the co-founder and marketing lead of the project, is a graduate of the Singapore Management University with a B.B.A in Finance Wealth Management. He co-founded NOX (a blockchain infrastructure company) in 2018 and previously served as the managing partner at Merkle Ventures.
LeverFi (LEVER) Token Crypto Asset Ranking
The current CoinMarketCap ranking is #417, with a market cap of $35,026,940 USD. It has a circulating supply of 28,647,812,603 LEVER coins and a maximum supply of 35,000,000,000 LEVER coins.
How to Buy LeverFi (LEVER) Crypto Asset on INDODAX
Here is how to buy LeverFi (LEVER) crypto assets on INDODAX:
- Login to your INDODAX account or register on INDODAX if you are not yet registered as an INDODAX Member
- Then, make a deposit by reading how to make a deposit below
- After your deposit and balance have entered your INDODAX account, you can return to the INDODAX crypto market page
- Search for LEVER on the IDR market (LEVER to IDR) , and click to visit the crypto asset page
- On the crypto asset page, determine and enter the desired LEVER balance and price you wish to buy or you can also buy it instantly with the current price
- Next, wait for the price to increase for some time
- Once the price increases, the asset can be sold at a higher price with the Instant method
- If you use the Limit method, you can place sell orders after buying and make sure you enter a higher number when selling.
That was about the LeverFI crypto assets on INDODAX. Apart from that, you need to know that INDODAX also offers the latest features, such as INDODAX Earn which allows you to lock crypto assets and get rewards in the form of interest.
So, what are you waiting for?
Don’t forget to Do Your Own Research (DYOR) and start investing in LeverFi (LEVER) crypto on INDODAX for your #AsetMasaDepan now!
Happy trading!
