What is Curve DAO (CRV)?
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to match orders and provide liquidity. The CRV token is used as part of the CurveDAO decentralized governance model. CurveDAO’s protocol was designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC). You can buy and sell CRV for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade CRV for BTC the same way you trade CAD for USD. You can also trade CRV to CAD based on the CRV price. To learn how to buy Curve DAO / CRV, scroll down to see how to buy Curve DAO.
How to buy Curve DAO (CRV)?
Here's how to buy Curve DAO on Coinsquare
To buy Curve DAO, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying CRV. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select CRV from the list on the trade section
Coinsquare lets you trade CRV without leaving the app. You can also check the Curve DAO price and convert CRV to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the CRV price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Curve DAO (CRV)
Congratulations! You’re now the proud owner of CRV. You can either HODL or use it to exchange CRV to CAD or any other cryptocurrency listed on Coinsquare.
Where do I keep my Curve DAO (CRV)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. Client assets are securely stored 1 to 1 in cold storage with approved custodians, kept separate from operational funds, and never utilized for lending purposes.
All client assets are held in trust with external, licensed custodians with a combined $680M USD in insurance. Additionally, CCML maintains Vault Risk insurance beyond those of its custodians that cover risks related to the cold storage of its clients’ crypto assets. And the cash held in your account is insured against insolvency by the Canadian Investment Protection Fund (CIPF). This means that in the unlikely event that Coinsquare (CCML) becomes insolvent, CIPF will cover any shortfall of cash held in client accounts up to $1 million CAD per account.
Ready to add Curve DAO (CRV) to your portfolio?
Create your account, fund it with spare change and get a little bit of CRV.
