GFI, the native token of Goldfinch is a decentralized credit protocol that allows crypto loans to be made without collateral. At the time of writing, it was rallying and had reached a price of $3.78.

Do you want to learn more about GFI? What it is? Is it worth buying and where to get it now? This article will help you.

Top spots to buy GFI now

GFI is a relatively new asset and has yet to be listed on major exchanges. GFI can still be purchased using a DEX (decentralised Exchange), but there are some additional steps. These steps will allow you to buy GFI now:

1. Buy MATIC on a regulated exchange or broker, like Binance >

We suggest Binance because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It is also user-friendly and offers more payment options than any other service.

2.

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You’ll need to create a wallet, get your address and send your coins there.

3. Connect your wallet with the SushiSwap DEX

Connect your wallet to SushiSwap.

4. Now you can swap your MATIC with GFI

Now that you’re connected, you’ll be able to swap for 100s of coins including GFI.

What is GFI?

By incorporating “trust through consensus” as well as using various types of collateral off-chain, the token for the Goldfinch protocol allows borrowers to demonstrate creditworthiness based upon more than their crypto assets.

This will allow crypto lending to emergent markets and other areas where crypto can enable financial inclusion.

Liquidity providers provide capital to the Senior Pool. The protocol automatically allocates a Senior Pool to the senior tranches in the Borrower Pools. Borrowers offer pools that have terms similar to the interest rate that backers can evaluate. Borrower Pools’ junior tranches are funded by backers.

Should i buy GFI now?

Nothing can replace doing your own research. Your market knowledge, your risk tolerance, and the features and distribution of your portfolio should all be considered when making an investment decision. Consider how you would react if you lost money.

GFI price prediction

Digital Coin Price forecasts a positive price trend for GFI. They predict the following:

• 2022: from $4. 60 to $5. 26
• 2023: from $4. 98 to $6. 09
• 2024: from $4. 59 to $6. 10
• 2025: from $6. 44 to $8. 09

GFI for social media

With the drawdowns of the @Caurisfinance, Stratos and Almavest Borrower Pools, the Goldfinch protocol has almost DOUBLED its active loans in the last week to $79M. pic.twitter.com/kH65dfPBgf

— Goldfinch (@goldfinch_fi) February 25, 2022