Alpha Finance Lab is a cross-chain DeFi platform aiming to offer the best to users on various blockchains, including Binance Smart Chain (BSC) and Ethereum. The platform aims to create an ecosystem of DeFi products that meet unmet needs in the industry while simplifying use and access.
What is Alpha Finance Lab (ALPHA)?
Alpha Finance Lab (ALPHA) is the platform’s native utility token. Token holders can stake their ALPHA tokens to cover any default loans and earn a share of network fees. Other use cases for the token include liquidity mining and governance voting.
It is known that ALPHA holders will have a say in the future voting on the features of Alpha products and how they will work together.
Alpha Finance Lab (ALPHA) was launched in 2020 following a public token sale on Binance Launchpad. The platform was founded by Tascha Punyaneramitdee, the project leader of Alpha Finance Labs and a former strategy chief at Band Protocol.
In addition, unlike other platforms, Alpha Finance Lab not only offers solutions on-demand but also strives to make DeFi more accessible by ensuring user-friendliness. Each product developed by Alpha Finance Lab also serves to support the entire Alpha ecosystem by providing additional utility for ALPHA token holders.
ALPHA, becoming increasingly popular day by day due to the growth in the DeFi ecosystem, is trading at $1.51 at the time of this writing. Alpha Finance Lab Coin, ranked 85th with a market value of $260,316,044, is also trading at 0.00004834 BTC in the ALPHA/BTC trading pair. In addition, it is indicated that ALPHA coin saw its lowest level on November 3, 2020, at $0.0257 and its record level on January 21, 2021, at $1.75. Currently, there are 174,136,442 Alpha Finance Lab Coins in circulation, and this number is planned to reach 1,000,000,000 ALPHA.
ALPHA Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
Where to Buy ALPHA Coin?
After creating an account on the Binance exchange, you can quickly buy ALPHA Coin by following the steps below. It is worth noting that the biggest factors in investors’ preference for Binance are liquidity, security, and speed.
- To buy Alpha Finance Lab Coin, first, send USD to the exchange or buy a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option in the upper left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to trade and mark Tether, i.e., USDT, in the Coin section.
- After buying USDT, again preview the “Buy-Sell” option in the upper left and click on the “Classic” tab.
- In the opened section, select the USDT tab from the top right, type ALPHA in the search button, and select the opened ALPHA/USDT pair below.
- Then come to the “BUY ALPHA” tab in the middle, enter the amount you want to buy.
- Enter the amount you want and complete the Alpha Finance Lab Coin purchase process by confirming the transaction.
In addition, on Binance, you can also create a purchase order at a lower price than the current price by entering the amount you want to buy. For this, use the Limit tab and simply enter the amount and the price you want to buy.
