What is S.Finance (Stable Finance Governance Token) | What is S.Finance token

S.Finance is a stable coin trading protocol, introducing a new token governance plan. At the same time, S.Finance firstly achieved three-awards, starting from stable coins to link more valuable DeFi protocols to provide basic support.

At present, S.Finance supports swap between DAI USDC USDT TUSD PAX USDx QUSD,etc. Besides, liquidity pools of sUSD、dfi、SFG、dForce、qian have been launched. The sUSD pool could mint CRV SNX SFG token at one time. The dForce pool and qian pool provide SFG DF and SFG KUN respectively.

SFG is the governance token of the S.Finance platform, with a total issuance of 21 million, 100% based on contribution distribution. There is no private placement either pre-mining. Daily output is 0.1% of the unminted part of the remaining. Users can earn SFG rewards and participate in platform governance by contributing to the liquidity pool.

Contract address of SFG : 0x8a6ACA71A218301c7081d4e96D64292D3B275ce0

S.Finance plans to launch a liquidity pool that supports three stable currencies: USDK BUSD HUSD .

The latest public audit report is provided by KNOWNSEC.

Why choose S.Finance?

S.Finance is the first connector project to realize the three-mining DeFi underlying assets, linking more valuable DeFi projects with stable currency exchange as a starting point, providing them with the support of basic assets, and introducing a new token governance plan.

✅We are safer: our contract passed the audit
✅We are more open: we are all from the community, and 100% of the equity is allocated to contributors
✅We are more innovative: we are the first connector project to realize three-dig DeFi underlying assets
✅We are more professional: our volunteers are rich in experience and are outstanding talents in various industries, working hard for a common goal!

S. Finance Governance Token

SFG (Stable Finance Governance Token) is a governance token issued by S.Finance. The total circulation is 21 million, 100% based on contribution distribution, no private placement, no pre-mining.

Holding SFG will get the following rights:

✅ Participate in community governance and vote on proposals

✅ will receive commission dividends

⏸ Accelerated lock-up (under planning)

How and Where to Buy SFG ?

SFG has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SFG

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Transfer your cryptos to an Altcoin Exchange

Select altcoin exchanges: OKEx , MXC.COM , Gate.io , BBX , and Hotbit .

But we are not done yet, since SFG is an altcoin we need to transfer our coins to an exchange that SFG can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

After going through a similar process as we’ve done before with Binance, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you’re done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don’t worry, it’s basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying ‘BTC address’, this is a unique public address of your Bitcoin wallet at Gate.io and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Binance to this wallet, click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Binance, go to Portfolio page and click on Bitcoin on your asset list, then click on ‘Send’ on the right.

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Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Gate.io!

Now go back to Gate.io and head to your exchange wallets, don’t worry if you haven’t seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from Gate.io once your deposit has arrived. And you are now finally ready to purchase SFG!

Trade SFG

Go back to Gate.io, then go to ‘Exchange’. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let’s get our heads around this.

In the right column there is a search bar, now make sure “BTC” is selected as we are trading BTC to altcoin pair. Click on it and type in “SFG”, you should see SFG/BTC, select that pair and you should see a price chart of SFG/BTC in the middle of the page.

Below there is a box with a green button that says “Buy SFG”, inside of the box, choose the “Market” tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click “Buy SFG”. Voila! You have finally bought SFG!

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once SFG gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC ☞ ProBIT ☞ Gate.io ☞ Coinbase

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