What is Alpaca Finance (ALPACA)?
Alpaca Finance is the biggest decentralized lending platform on BNB Smart Chain (BSC) and Fantom. Lenders of Alpaca Finance can deposit money into the protocol to earn yields, while borrowers are able to take out undercollateralized loans for leveraged yield farming positions.
The protocol started out with a fair-launch on BSC in 2021. That means there was no presale, no premined token, and no institutional investors at the beginning. Despite the humble beginning, it gained traction due to good DeFi products and became one of the top protocols.
How Alpaca Finance (ALPACA) Works
Alpaca Finance offers 4 products to cater for different needs and risk appetites:
- Lending is where lenders deposit their funds into the protocol to receive high yields, while borrowers can open undercollaterized loans. Deposit fees, withdrawal fees, and default lockup are not implemented. Also, Alpaca Finance uses strict liquidation settings and does not allow loans to be taken outside the platform, so lenders can rest assured that their money is safe and they can withdraw anytime.
- Leveraged Yield Farming allows users to generate more returns by borrowing funds for yield farming.
- Automated Vaults works as a hedge fund on blockchain that generates higher APY on yield farming while minimizing exposure risks.
- AUSD, whose full name is AlpacaUSD, is a stablecoin that has the ability to earn its holders additional passive income in various ways.
How Many Alpaca Finance (ALPACA) Tokens Are in Circulation?
ALPACA is the native token of the protocol. At the moment, there are 188,000,000 ALPACA tokens in total supply, among which 152,770,500 are in circulation.
How to Buy Alpaca Finance (ALPACA)
Consider investing in Alpaca Finance (ALPACA)? It only takes 2 minutes to create an account on Bitget and start trading ALPACA.
Check out the available ALPACA trading pairs on Bitget!
Spot market
Alpaca Finance (ALPACA) Resources
Simple 3-step guide to buying ALPACA today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your Alpaca Finance purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Alpaca Finance using a payment method of your choice:
Buy Alpaca Finance with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select 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 website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Alpaca Finance order.How to buy crypto with credit/debit cardBuy Alpaca Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Alpaca Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Alpaca 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 Alpaca Finance order.Buy Alpaca 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 Alpaca 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 Alpaca Finance in your Bitget spot wallet

Bitget—where the world trades Alpaca Finance
How to buy Alpaca Finance for free
- Learn how to earn Alpaca Finance for free through the Learn2Earn promotion
- Earn free Alpaca Finance by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Alpaca Finance airdrops by joining ongoing challenges and promotions
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.