1. Ferro Swap
Users can exchange one token with another with customisable slippage as long as both tokens are available in any of the pools within the protocol.
2. Liquidity Pools
Users can become liquidity providers and earn incentives by staking their LP tokens into the liquidity farm. You will be rewarded with our native tokens $FER together with the opportunity to lock your tokens with different maturity options to boost your returns and share revenue from the protocol swap fees.
How to Buy FER on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing FER. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing FER.
Step 5: Purchase FER
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of FER you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy FER.
Step 6: Store Your FER
After purchasing, you can choose to store your FER in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and FER assets, be sure to use a strong password and enable two-factor authentication.
FER Price:Built on the Cronos blockchain, Ferro Protocol is a StableSwap AMM protocol that allows users to exchange with low slippage and minimum fee and farm tokens by creating more efficient pools consisting of highly correlated assets, as well as allowing better composability between protocols in the Cronos ecosystem.The price fluctuates daily, You can go to the exchange: Bybit to check the price.
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