Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Curve DAO, and is trustworthy!
You can find our top 3 exchanges for buying Curve DAO here, alternatively you can also check our comparison of the best Australian cryptocurrency exchanges if you’re generally interested in seeing which exchanges work for Australians.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Curve DAO
And of course, the final step is to find Curve DAO on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Where to Buy Curve DAO (CRV)
|Exchange||Rating||Available Cryptocurrencies||Fees||Visit Site|
How to Sell Curve DAO
- Sign into the exchange
- Find where you stored your Curve DAO, either on a hardware wallet or on the exchange.
- Transfer your Curve DAO to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Curve DAO.
Considerations when looking to buy Curve DAO.
Curve gained a lot of attention because it was designated as an AMM for stablecoin trading.
DAO's and CRV token's launch brought additional profitability due to CRV being used for governance. Users are awarded CRV based on their liquidity commitment and length.
Curve has been around for a long time due to the explosion of DeFi trading. AMMs have provided huge liquidity and user profits.
Curve is a DeFi platform that caters to everyone involved in yield farming or liquidity mining. It also offers a way to maximize returns and minimize risk by holding notionally volatile stablecoins.
The platform charges a small fee to the liquidity providers.
Curve is subject to the usual risks of dealing with AMMs and depositing funds in smart contract smart contracts, including impermanent loss.
Curve supports only stablecoins so the risk of markets moving too fast is minimized. However, users could still lose their money once markets have been rebalanced to reflect cross market prices.
Although Curve has been audited by an independent auditor, this does not mitigate the risk of being exposed to a particular cryptocurrency.