How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase ETHIX on BYDFi. We'll guide you through it
Choose how to purchase ETHIX on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (ETHIX). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store ETHIX in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your ETHIX to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy ETHIX on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive ETHIX
Trade
Answers
What is the Ethix token?
Ethix is a token that connects DeFi with the productive economy. EthicHub has successfully operated a peer-to-peer lending service for 30 months, providing funding to coffee farmers in Mexico with a 0% default rate and $500,000 USD funded.
DeFi currently only represents the financial economy since there are challenges in venturing outside the digital world. Supply chain and international credit are excluded from the DeFi revolution due to the lack of a suitable tokenomics design to overcome the challenges associated with financing unbanked farmers. We have bridged this gap, allowing farmers to access funding without the need for collateral, reducing their costs by 10x, while investors enjoy coverage to minimize the risks of peer-to-peer loans.
After more than two years of production without a token, we have learned from real users to develop the best possible token design. Ethix was launched on Balancer on December 22nd.
Essentially, Ethix is used to compensate for potential loan defaults on the platform, stake to become a credit originator, participate in the governance of the EthicHub DAO, receive discounts on high-quality coffee, and share in the fees generated on the platform, creating a perfect incentives loop.
Ethix can also be added to liquidity pools, providing additional returns for its holders.
How many ethix tokens are there in circulation?
Out of the initial supply of 100 million tokens from EthicHub's 2018 presale (raised 553 ETH, where 1 ETH = 5,000 ETHIX), 50 million tokens are allocated to the compensation pool, 25 million tokens are issued asynchronously over the next 16 years, 5 million tokens belong to participants in the token sale and executed bounties, 10 million tokens are reserved for staking by Lending Dev SL as a credit originator, and 10 million tokens are reserved for the team and advisors with a vesting period of 4 years.
Token contract address: https://etherscan.io/token/0xfd09911130e6930bf87f2b0554c44f400bd80d3e
Uniswap pair: https://info.uniswap.org/pair/0xb14b9464b52f502b0edf51ba3a529bc63706b458
Balancer pool: https://pools.balancer.exchange/#/pool/0xb93aa4cdeef1293303f628e16dd06ddd42db19f1/swaps
Staking contract: https://etherscan.io/address/0x5b2bbbe7dfd83aa1f1cd0c498690e6ecc939cc2d#tokentxns
Bilaxy ETH/ ETHIX pair (CEX): https://bilaxy.com/trade/ETHIX_ETH?
