What is Beta Finance (BETA)?
Beta Finance is a decentralized protocol for lending and borrowing cryptocurrency assets on the BSC. The protocol allows users to lend and borrow a variety of tokens such as BNB, ETH, BTC, BUSD, USDT, and DAI. The platform is designed to be user-friendly and accessible to everyone, with a simple and intuitive interface.
The project was launched in 2021 and had a successful token sale on Binance Launchpad.
How Beta Finance (BETA) Works
One of the key features of Beta Finance is its interest rate model. The protocol uses an algorithmic interest rate model that adjusts based on supply and demand. This means that interest rates are determined by the market, rather than being set by the protocol. The interest rate model is designed to ensure that the supply and demand for each asset remain in balance, providing users with stable and predictable returns.
Another important feature of Beta Finance is its unique isolated collateral model that enables the support of more volatile assets. This model means that there is no cross-collateralization between assets, and users can allocate their collateral to multiple positions. If one asset experiences a price spike and risks liquidation, only the allocated collateral for that position is at risk, and the other positions remain safe.
Beta Finance also allows users to participate in liquidity provision, earning rewards for providing liquidity to the protocol. This helps to ensure that the protocol always has sufficient liquidity to meet demand from borrowers.
Last but not least, Beta Finance has an efficient short-selling tool, which allows users to sell assets they do not own and profit from price decreases. Short selling is a powerful tool that can enable traders to profit in bear markets, and it has been historically challenging to execute in decentralized finance. However, Beta Finance has made it simple for users to execute short sales on their platform.
How Many Beta Finance (BETA) Tokens Are in Circulation?
BETA has 1,000,000,000 tokens in total supply and 646,969,697 of them are in circulation.
How to Buy Beta Finance (BETA)
Consider investing in Beta Finance (BETA)? It only takes 2 minutes to create an account on Bitget and start trading BETA.
Check out the available BETA trading pairs on Bitget!
Spot market
Beta Finance (BETA) Resources
Simple 3-step guide to buying BETA today in Lesotho
Create your free Bitget account
Select a funding method
Complete your Beta Finance purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Beta Finance using a payment method of your choice:
Buy Beta Finance with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect 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 websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Beta Finance order.
How to buy crypto with credit/debit cardBuy Beta Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Beta Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Beta 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 Beta Finance order.Buy Beta 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 Beta 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 Beta Finance in your Bitget spot wallet
Bitget—where the world trades Beta Finance
How to buy Beta Finance for free
- Learn how to earn Beta Finance for free through the Learn2Earn promotion
- Earn free Beta Finance by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Beta Finance airdrops by joining On-going challenges and promotions
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FAQ
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Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Beta Finance(BETA) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.