What is Alpaca Finance (ALPACA)?
Alpaca Finance is the biggest decentralized lending platform on BNB Smart Chain (BSC) and Fantom. Lenders of Alpaca Finance can deposit money into the protocol to earn yields, while borrowers are able to take out undercollateralized loans for leveraged yield farming positions.
The protocol started out with a fair-launch on BSC in 2021. That means there was no presale, no premined token, and no institutional investors at the beginning. Despite the humble beginning, it gained traction due to good DeFi products and became one of the top protocols.
How Alpaca Finance (ALPACA) Works
Alpaca Finance offers 4 products to cater for different needs and risk appetites:
- Lending is where lenders deposit their funds into the protocol to receive high yields, while borrowers can open undercollaterized loans. Deposit fees, withdrawal fees, and default lockup are not implemented. Also, Alpaca Finance uses strict liquidation settings and does not allow loans to be taken outside the platform, so lenders can rest assured that their money is safe and they can withdraw anytime.
- Leveraged Yield Farming allows users to generate more returns by borrowing funds for yield farming.
- Automated Vaults works as a hedge fund on blockchain that generates higher APY on yield farming while minimizing exposure risks.
- AUSD, whose full name is AlpacaUSD, is a stablecoin that has the ability to earn its holders additional passive income in various ways.
How Many Alpaca Finance (ALPACA) Tokens Are in Circulation?
ALPACA is the native token of the protocol. At the moment, there are 188,000,000 ALPACA tokens in total supply, among which 152,770,500 are in circulation.
How to Buy Alpaca Finance (ALPACA)
Consider investing in Alpaca Finance (ALPACA)? It only takes 2 minutes to create an account on Bitget and start trading ALPACA.
Check out the available ALPACA trading pairs on Bitget!
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Alpaca Finance (ALPACA) Resources
Simple 3-step guide to buying ALPACA today in Guernsey
Create your free Bitget account
Select a funding method
Complete your Alpaca Finance purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Alpaca Finance using a payment method of your choice:
Buy Alpaca Finance with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Alpaca Finance order.How to buy crypto with credit/debit cardBuy Alpaca Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Alpaca Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Alpaca Finance order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Alpaca Finance order.Buy Alpaca Finance with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Alpaca Finance order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Alpaca Finance in your Bitget spot wallet

Bitget—where the world trades Alpaca Finance
How to buy Alpaca Finance for free
- Learn how to earn Alpaca Finance for free through the Learn2Earn promotion
- Earn free Alpaca Finance by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Alpaca Finance airdrops by joining On-going challenges and promotions
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FAQ
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Bailiwick of Guernsey is an island country situated in the English channel, one of the Crown Dependencies. The country has a total area of 78 km2, a population of 67,334 people, English as the only official language, and two official currencies (British pound and Guernsey pound).
The country has a humid and pleasant oceanic climate. Victor Hugo lived here for a while and wrote his best-known works, including Les Misérables. His house is now preserved as a museum and is open for public visit. If you consider paying Guernsey a visit, some recommended destinations are Castle Cornet, Victor Hugo House, The Little Chapel, Candie Gardens, and Beaucette Marina.
When in Guernsey, you can write masterpieces like Victor Hugo while sparing a few seconds a day investing in Alpaca Finance(ALPACA) and other coins with Bitget. The exchange focuses on security and user experiences, making trading as easy as possible for every one while maintaining the highest level of safety. There are a lot of payment methods available, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.