This week, the ALPACA crypto asset will be listed on Indodax. Open deposit will start on September 8, 2021 at 14:00 WIB and open trading will start on September 9 2021 also at 14:00 WIB.
Unique name and logo. Named after the animal, ALPACA which we are going to discuss today is actually the largest lending protocol that enables leveraged farming on the Binance Smart Chain.
Still confused? Take it easy, because before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to know more!
What is Alpaca Finance?
Alpaca Finance is the largest lending protocol enabling leveraged farming on the Binance Smart Chain that helps lenders get secure and stable returns, and offers unsecured loans to borrowers for leveraged yield farming positions, multiplying their farming principles and making a profit.
As an enabler for the entire DeFi ecosystem, Alpaca strengthens the liquidity layer of the integrated exchange, increasing their capital efficiency by connecting LP borrowers and lenders. Through this empowering function, they have become a fundamental building block in DeFi, helping to bring financial power to every user.
ALPACA Crypto Assets
Its current CoinMarketCap rating is #309, with an immediate market cap of $178,180,618 USD and has a supply of 141,603,872 ALPACA coins in circulation and a max. supply of 188,000,000 coins.
How to Buy ALPACA Crypto Assets on Indodax
For those of you who want to buy ALPACA crypto assets, you can buy them on Indodax starting September 9, 2021 at 14:00 WIB. Here’s how to buy it:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for ALPACA in the Rupiah market then click
- After entering, you just have to buy by filling in the balance and at what price you want to buy it. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell at a higher price with the instant method
- If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.