Where and how to buy TrueFi in Ethiopia
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a TrueFi order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
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
Step 4:Monitor TrueFi in your Bitget spot account
Alternative methods to obtain TrueFi in Ethiopia
Convert crypto to TrueFi with Bitget Convert
Swap on-chain assets to TrueFi with Bitget Swap
Methods to obtain TrueFi for free
Buy other cryptos
Buy TrueFi in a different country
How to buy TrueFi in other countries?
What can you do with TrueFi?
Store/Hold TrueFi
Many users hold on to their TrueFi with the expectation of it increasing in value. You can store your TRU safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade TrueFi
You can trade TrueFi for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for TrueFi trading to meet your needs.
Send TrueFi
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy TrueFi online and send to anyone and anywhere with their TrueFi address.
Spend TrueFi
You can also buy goods and services with your TrueFi. More and more vendors and retailers accept TrueFi every day.
Donate TrueFi
Bitget Charity accepts TrueFi donations for global projects that aim to improve the lives of people in the bottom billion. You can donate TrueFi so no one misses out on the growth made possible by blockchain.
Learn More About TrueFi
You can read more in-depth articles on TrueFi from Bitget Research and study how cryptocurrencies like TrueFi work on Bitget Academy
Market stats to assist in determining optimal times for purchasing TrueFi
What is TrueFi (TRU)?
TrueFi is a decentralized lending platform for uncollateralized loans launched by TrustToken in 2020. In the span of two years, TrueFi has released two upgrades and surpassed $200 million in loans with no defaults.
How TrueFi (TRU) Works
In TrueFi, lenders deposit stablecoins such as TUSD and USDT into the platform to earn rewards, a part of which is paid in TRU tokens. The borrowers need to be reviewed and whitelisted by TRU stakers before being able to request loans from the protocol. To take out loans, their lending requests have to be approved by TRU stakers. If TRU stakers vote yes on a lender whose loan is defaulted, up to 10% of their TRU tokens can be liquidated to protect lenders. The borrowers who fail to repay their debts on time will have to face punishments.
As can be seen, TRU token plays a very active role in the protocol. It is used for both governance and utility. TRU can be earned as a lender or a TRU staker.
How Many TrueFi (TRU) Tokens Are in Circulation?
TRU has a total supply of 1,450,000,000. The circulating supply is 978,168,958.
How to Buy TrueFi (TRU)
Consider investing in TrueFi (TRU)? It only takes 2 minutes to create an account on Bitget and start trading TRU.
Check out the available TRU trading pairs on Bitget!
Spot market
TrueFi (TRU) Resources
Buy TrueFi in Ethiopia with Bitget
How to safely store your TrueFi
- Sign up and transfer TRU to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your TRU.
How to withdraw TrueFi with Bitget's hassle-free withdrawal process
Ethiopia is located on the horn of Africa, a rugged country that encompasses the Great Rift Valley. It's a place of old culture, with archaeological artifacts dating back more than 3 million years. Ethiopia has a population of 121,396,689, and the official languages of Ethiopia are Amharic, Oromo, Somali, Tigrigna, and Afar. The official currency is the Ethiopian birr (ETB). In less than 10 mins, you can buy TrueFi(TRU) and other cryptocurrencies from Ethiopia using the Bitget platform with P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay.
Ethiopia has a diverse climate and landscape, spanning from the equatorial rainforest with significant humidity in the south and southwest to Afromontane regions on the summits of the Semien and Bale Mountains to desert regions in the northeast, east, and southeast Ethiopia. Ethiopia's geographical structure and landscape consist of high plateaus, mountains, and dry lowland plains. Ethiopia has some of the world's most rugged and beautiful environments. The country is surrounded by beautiful cities like Addis Ababa, Gondar, Bahir Dar, Dodola, and Lalibela, anywhere you are located in Ethiopia, Bitget will be there to give you a seamless trading experience.
Interestingly Ethiopia is the oldest country in Africa, and it has stunning side attractions like Arba Minch, Awash National Park, Axum, Bahir Dar, Bale Mountains National Park, Gheralta, Gonder, Danakil, and many more. Ethiopia is a wonderful place to be.
TRU to local currency
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