Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

78% of retail investor accounts lose money when trading CFDs with this provider.

Yearn.finance (YFI/USD)

We regret to inform you that Indication Investments Ltd is exiting the Temporary Permission Regime and will no longer be accepting clients from the United Kingdom.

The Yearn Finance platform allows crypto coin holders to participate in yield farming and interact with DeFi protocols. 

Blockchain farming resembles the usual seed sowing for harvest, in which the holder receives an increased yield. To earn yield from the Yearn Finance DeFi platform, you need to place a stake in a cryptocurrency. Virtual YFI tokens are distributed among platform members as a reward.

Opportunities for traders 

The YFIUSD token started trading on 21 July 2020. 

The cost of the token increased by more than 2600% as of the end of September 2020, with its market capitalisation exceeding $864 million.

The average intraday volatility of YFIUSD is 45.9%

How to buy and sell YFI/USD

You can buy and sell CFDs for YFI/USD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.

Get this report