Yield App's YLD token is a native cryptocurrency that serves as a gateway to enhanced earnings, exclusive opportunities, and a richer digital experience within the Yield App ecosystem. It unlocks full access to the platform, including higher interest rates, the Angel Launchpad, and other perks, allowing users to maximize their returns and benefits.
The Yield App (YLD) token is primarily used within the Yield App ecosystem to enhance earnings and provide exclusive opportunities. Here are the key use cases:
Staking Rewards: YLD is used to incentivize users to stake their cryptocurrencies on the platform, earning rewards in the form of interest. This interest can range from 6% to 18% annually.
Free Deposits and Conversions: Users can transfer value onto the platform and between cryptocurrencies without paying fees by using YLD tokens. This allows for free swaps between cryptocurrencies, reducing trading costs.
Referral Rewards: The YLD token is used to incentivize current users to onboard new users through a referral program. Both the referrer and the referred receive rewards in YLD tokens, promoting platform growth.
Exclusive Benefits: Holding YLD tokens unlocks full access to the Yield App, including higher interest rates, exclusive opportunities, and other perks.
Speculation: Like other cryptocurrencies, YLD can be used for speculation on the future growth of the Yield App platform. As the platform grows, the demand for YLD tokens increases, potentially driving up the price.
These use cases highlight the versatility of the YLD token within the Yield App ecosystem, providing both practical benefits and opportunities for investment.
To store YIELD App (YLD) tokens, you can deposit them into your Yield App wallet. To do this, follow these steps:
- Open your Yield App wallet.
- Click on "Deposit" next to the YLD token.
- Scan the QR code or copy the wallet address and paste it into your external wallet.
This process allows you to securely store your YLD tokens within the Yield App ecosystem.
To buy YIELD App (YLD) tokens, you can follow these steps:
Choose a Centralized Exchange (CEX):
- Binance: Find a reliable CEX like Binance, where you can buy YLD tokens.
- KuCoin: Create a free account on KuCoin, secure it with 2FA and anti-phishing code, verify your identity, and add a payment method. Then, buy YLD using various payment options.
Decentralized Exchanges (DEXs):
- Uniswap: Use Uniswap by connecting your MetaMask wallet, selecting the cryptocurrency to swap for YLD, and following the steps to complete the transaction.
- Other DEXs: You can also buy and trade YLD on other DEXs like 1inch, AscendEX, Bithumb Global, Bittrex Global, Gate.io, KuCoin, SushiSwap, and QuickSwap.
Buying with Fiat:
- Indirect Purchase: Since you cannot buy YLD directly with fiat, purchase another cryptocurrency like USDT, BTC, ETH, or BNB using fiat, and then send it to a crypto exchange or wallet that supports YLD trading.
Storing and Trading:
- Store: Store your YLD tokens in a wallet, such as Binance Wallet or Trust Wallet, or in a cold wallet for long-term storage.
- Trade: Trade YLD for other cryptocurrencies on various exchanges.
Additional Options:
- Earn Rewards: Stake your YLD tokens to earn rewards.
- Transfer: Send YLD tokens to anyone globally instantly.
- Purchasing Goods: Use YLD tokens to purchase goods or services from online platforms or offline shops that accept crypto payments.