How to Buy YF Link Crypto (YFL)

How to buy YF Link Crypto

What is YF Link YFL?

According to Coingecko, YF Link is : YF Link YF Link is a community DeFi project built around the decentralized exchange Linkswap as a hub and bridge for community DeFi projects. What is the YFL token? YFL is the governance token for the YF Link Decentalized Autonomous Organization (DAO). The token can be used to vote in the DAO and to receive cash flows from the fees generated by the ecosystem. What is the YF Link ecosystem? The ecosystem of YF Link comprises multiple DeFi products, each designed to generate revenue for YFL token stakers and to synergize with the rest of the ecosystem. Of all the products, three of the most significant are: • Linkswap – a decentralized exchange. • Linkpad – a community owned VC fund. • Sprout – a presale launchpad for new DeFi projects. What is Linkswap? Linkswap is a community owned Automated Market Maker (AMM), a decentralized exchange (DEX), where traders can buy and sell various Ethereum based tokens. Linkswap specializes in $LINK pools an cross-chain bridges or swaps provided by Ren and other partners. Trading on Linkswap generates revenue to YFL stakers. What is Linkpad? Linkpad is a community owned VC fund, which invests in high return crypto projects. Portions of profits from Linkpad investments are distributed to YFL stakers. What is Sprout? Sprout is a presale launchpad for new projects to source liquidity and access investors. What other products are included in the ecosystem? Other YF Link ecosystem products include an ethical audit program Linkcheck, NFT minting + auctions, yield farming pools, and many partnership integrations. Has YF Link been audited? Linkswap has been audited by Quantstamp.

Where can I buy YFL Crypto?

You can buy YF Link on Uniswap.

YF Link is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy YF Link Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup a metamask wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

Buy Ethereum on Simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy YF Link on Uniswap with ETH

Buy YFL on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive YF Link. Open Metamask, scroll all the way down, and click here:

Add YFL token to Metamask

Select Custom Token and paste this token contract address there:

0x28cb7e841ee97947a86b06fa4090c8451f64c0be

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive YF Link (YFL).

You can check the price and confirm the correct token address of YF Link on Coingecko.

Let's buy some YF Link!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0x28cb7e841ee97947a86b06fa4090c8451f64c0be

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for YFL. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your YFL should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of YF Link!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap

Step 4 - Store YF Link on Ledger

Check out our guide on how you can store YF Link on Ledger's Hardware Wallet

Check out YF Link links:

Please make sure you read our Disclaimer. We are not financial advisors.

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