If you're looking to buy Raydium (RAY), you've come to the right place. Raydium is one of the most established decentralized exchanges in the Solana ecosystem, powering a significant chunk of...
Browse the buying guides
All buying guidesBuy Fluid (FLUID) — A simple guide
If you're looking to buy Fluid (FLUID), the governance and utility token behind one of DeFi's most powerful portfolio management platforms, you've come to the right place. Fluid powers Instadapp, a...
Buy Convex Finance (CVX) — A simple guide
If you've been exploring DeFi yield strategies and keep running into Convex Finance (CVX), you're not alone — it's become one of the most talked-about protocols in the Curve ecosystem. CVX is the...
Buy Compound (COMP) — A simple guide
If you're looking to buy Compound (COMP), you've come to the right place. COMP is the governance token behind Compound Finance, one of the most established decentralized lending protocols in the...
Buy Falcon Finance (FF) — A simple guide
If you're looking to buy Falcon Finance (FF), you've come to the right place. FF is the native token of Falcon Finance, a DeFi protocol built around a novel collateralization infrastructure that...
Buy Lombard (BARD) — A simple guide
If you're looking to buy Lombard (BARD), you've landed in the right place. Lombard is one of the more interesting projects bridging Bitcoin and decentralized finance — making BTC a productive,...
Buy Vision (VSN) — A simple guide
Looking to buy Vision (VSN), the native token powering Bitpanda's growing Web3 ecosystem? You've come to the right place. This guide walks you through everything you need to know to purchase VSN...
Buy Terra Luna Classic (LUNC) — A simple guide
If you're looking to buy Terra Luna Classic (LUNC), you've come to the right place. LUNC is the native token of the original Terra blockchain — a project with a fascinating and turbulent history...
Buy Flying Tulip (FT) — A simple guide
If you've been looking for a clear, no-nonsense guide on how to buy Flying Tulip (FT), you've landed in the right place. Flying Tulip is a DeFi project operating across multiple ecosystems including...
Buy Ultima (ULTIMA) — A simple guide
If you're looking to buy Ultima (ULTIMA), you've come to the right place. ULTIMA is the native infrastructure token of the Ultima ecosystem, built on a fast, scalable blockchain designed for...
Buy Zebec Network (ZBCN) — A simple guide
If you're looking to buy Zebec Network (ZBCN), you've come to the right place. ZBCN is the native token of Zebec Network, a payments and payroll infrastructure project built on Solana that's quietly...
Buy Pendle (PENDLE) — A simple guide
If you're looking to buy Pendle (PENDLE), you've come to the right place. Pendle is one of the more innovative DeFi protocols out there, letting users trade and tokenize future yield in ways that...
What are DeFi tokens?
Browse the buying guidesAccess can be open, although websites, asset issuers and individual products may impose restrictions. DeFi describes the service, not a guarantee that every part of it is decentralized.
How it works
Tokens can represent a vote, a deposit, a debt position or a claim on a pool of assets. These roles are not interchangeable. A governance token may have no right to protocol revenue, while a liquidity-pool token exposes its holder to the assets and pricing of that pool. Returns can come from borrower interest, trading fees or newly issued incentives; unusually high rewards need a clear explanation. Smart-contract failures, price-oracle errors, liquidation and bridge dependencies can all affect a position.
Explore the foundations
Sources and further reading
A little groundwork goes a long way
Before your next purchase or transfer, understand who controls access, where your crypto is going and what the trade will actually cost.
Protect access to your crypto
An exchange account and a self-custody wallet need different safeguards. Protect exchange logins with a unique password and strong two-factor authentication. For self-custody, your recovery backup is what lets you restore access.
Keep recovery words offline and private. A support agent or website asking for them is a reason to stop.
See a recovery example
Your phone breaks. An exchange may help you recover your account after identity checks. A self-custody wallet cannot reset your recovery phrase. Check your wallet’s official backup instructions before relying on it.
Choose the right transfer network
The asset, token version and network must be supported at the destination. A familiar ticker or a matching address format is not enough. Read the receiving platform’s deposit instructions before selecting a withdrawal network.
Check the address, any required memo or tag, fees and minimums. Consider a small test transfer first.
See a network example
Your destination accepts USDC on Ethereum. Selecting a cheaper network at the sending exchange does not make it an Ethereum transfer. Use a network both ends support; an ordinary withdrawal does not bridge tokens.
Understand the price you pay
Trading fees are only part of the cost. The spread, available liquidity and withdrawal charges also matter. A market order prioritizes execution; a limit order controls the price but may remain unfilled or fill only partly.
Check the order preview and the amount you will receive, then compare the full cost of your intended purchase and withdrawal.
Work through a cost example
Hypothetical example: a $200 trade with a 0.1% trading fee costs $0.20 in trading fees. A separate $5 withdrawal fee brings those charges to $5.20. Spread or slippage may add more; these are not quoted exchange rates.

