How to Buy Centrifuge (CFG)

A comprehensive guide to purchasing Centrifuge (CFG) safely on trusted cryptocurrency exchanges, including platform recommendations, wallet setup, and practical tips.

Steps to Buy CFG

  1. Choose an exchange — CFG is available on Coinbase, Kraken, and Gate.io.
  2. Complete verification — Standard KYC.
  3. Deposit funds — Fund via bank transfer, card, or crypto.
  4. Purchase CFG — Buy on spot market.
  5. Explore pools — Visit app.centrifuge.io to browse real-world asset lending pools.

How to Store Centrifuge Safely

CFG is available on the Centrifuge chain and Ethereum. MetaMask, Ledger, and Polkadot.js support CFG.

Tips for Buying CFG

Frequently Asked Questions

How does Centrifuge work with MakerDAO?

MakerDAO allocates DAI to Centrifuge pools backed by tokenized real-world assets. This means real-world borrowers access DeFi liquidity, and DAI is partially backed by real-world credit (invoices, loans). It's one of the most significant bridges between DeFi and traditional finance.

What are tranched pools?

Like traditional structured finance: senior tranches receive priority repayment with lower yields, junior tranches absorb first losses with higher yields. This lets investors choose their risk level — conservative investors take senior positions, risk-tolerant investors take junior positions for higher returns.

Is investing in Centrifuge pools safe?

Centrifuge pools carry real-world credit risk — borrowers can default on loans. Smart contract risk also exists. Pool risk varies by asset type and originator quality. Unlike lending ETH on Aave, you're exposed to real-world business credit risk. Evaluate each pool independently.

After purchasing, consider using the DCA Backtester to plan a dollar-cost averaging strategy, or check the Staking Calculator to estimate staking rewards.

Learn more: What Is Centrifuge?