15 Best DeFi Coins to Buy in 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Over the past couple of years, the decentralized finance (DeFi) sector has absolutely exploded, leaving many earlier investors very happy. While finding the best DeFi cryptos can be a difficult task, it doesn't have to be.

Throughout this guide, we'll be reviewing some of the best DeFi coins to buy, explaining whether or not DeFi cryptocurrencies make for good investments, and taking an in-depth look at perhaps the top exchange to buy the best DeFi coins in 2023. Let's get started.

15 Best DeFi Coins to Invest in 2023

We've included a brief summary of the best DeFi cryptos to invest in right now, with more detailed reviews of each project located slightly further down the page. 

1. AiDoge - Cryptocurrency token allowing users to generate memes using AI tools. $AI is currently available to buy on presale and has already raised over $5.6 million. 
2. Ecoterra - Sustainable cryptocurrency project offering rewards to those that recycle waste. Hold $ECOTERRA tokens to access carbon credits and earn rewards. 
3. yPredict - Access Data-driven insights of the cryptocurrency markets with this crypto token. Hold $YPRED to generate passive income. 
4. DeeLance - This DeFi coin offers a decentralized freelancing platform. Use $DLANCE tokens to enter a metaverse and purchase NFTs on this ecosystem. 
5. Launchpad XYZ - Web3.0 Cryptocurrency ecosystem offering a decentralized exchange and Web3 wallet. 
6. Swords of Blood - A role-playing game where users can earn $SWDTKN rewards within a P2E ecosystem.
7. Scorpion Casino –  A complete online casino with all major games from all major game providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC.
8. Tamadoge - This DeFi token can be leveraged to purchase a range of NFT avatars. Use NFTs to earn rewards by participating in multiple P2E arcade games. 
9. Battle Infinity - A multi-utility token functioning a decentralized exchange and a P2E ecosystem. Stake $IBAT to earn passive income.
10. Chainlink - This platform is the leading provider of oracle solutions. 
11. XRP - A peer-to-peer payment network to settle international transactions at a faster speed while reducing costs. 
12. Tezos - Build applications on this blockchain by deploying smart contracts.
13. Avalanche - A highly efficient blockchain network that hosts a range of Web3.0 projects and P2E ecosystems.
14. Maker - This is a governance blockchain that deploys the $DAI token. The token can be used to make decisions on the decentralized autonomous organization. 
15. Loopring - A layer-2 blockchain network that utilizes Ethereum’s high levels of security but offers higher throughput. 
16. Uniswap - A top decentralized exchange that allows users to leverage the $UNI token to access discounts when trading. 

Analyzing the Best DeFi Tokens & Projects 

We've included a broad range of the best DeFi investments in order to provide budding investors with ample choice. Each of the projects we're taking a look at shows plenty of promise and boast strong fundamentals to support their inclusion on our list. 

1. AiDoge - Top AI-Based Meme Token available on Presale

The first cryptocurrency on our list is $AI - the native token of the AiDoge ecosystem. This cryptocurrency can be used to generate memes through AiDoge’s AI-powered meme generator. The $AI token has been rushing through its presale and has already raised over $5.6 million in just a few weeks. 

One of the reasons for the presale’s popularity could be the usage of artificial intelligence within the ecosystem. After members exchange $AI for credits, they are given access to the meme generator. The AI technology on this platform processes text prompts into memes automatically. 

In order to create an interactive community, AiDoge will let members share their memes on a public wall. On this platform, one can filter and access memes according to their favorite users, recency, and popularity. To collect more credits, one can stake $AI to earn daily credit rewards. 

The AiDoge whitepaper mentions the inclusion of a voting mechanism down the line. This tool will allow users to earn rewards. Each person will be illegible to vote on the memes accessible on the public wall. The users receiving the highest votes at the end of the month will receive free $AI tokens. 

By Q3 2023, AiDoge aims to open the platform for signups. The platform may see a higher token adoption as the public wall is expected to be released by Q1 2024. Currently, interested readers have the opportunity to buy $AI before the token lists on exchanges in the coming months. 

The token is priced at only $0.0000292 and will rise to $0.0000336 through the course of the presale. AiDoge has set aside 500 billion tokens for the presale, equating to 50% of the token supply. The presale will consist of 10 rounds, each offering 25 million tokens. 

AiDoge aims to raise $14.9 million through the 20 presale rounds. To stay updated with this crypto project, join the AiDoge Telegram channel. 

2. Ecoterra - Trending Sustainable Cryptocurrency Platform 

Ecoterra is an environmentally-conscious cryptocurrency ecosystem aiming to get individuals and companies to recycle waste and reduce their carbon footprint. One of the key elements of Ecoterra is its Recycle2Earn application. 

Ecoterra is compatible with all RVMs (Reversed Vending Machines) in the world. Members can recycle waste with nearby RVMs, scan the transaction on the EcoTerra app, and earn free $ECOTERRA tokens for each transaction. This native cryptocurrency can be staked on the ecosystem or used for helping in ecological activities. 

With your $ECOTERRA, you can contribute towards ocean cleanups and planting trees. Tokens can also be used to access Ecoterra’s online learning platform to increase knowledge about the cryptocurrency space. 

This platform will offer a carbon-offsetting marketplace through which companies and individuals can purchase Verified Carbon Credits (VCUs). These carbon credits represent a certain amount of CO2 emissions that can be removed from the atmosphere. 

Businesses can use $ECOTERRA to purchase materials directly from the recycled materials marketplace. They can also work towards their circular economy since Ecoterra offers achievements for every sustainable deed performed on the ecosystem. 

All the climate actions are tracked and added to an ‘Impact Profile.’ Each member receives achievements after completing a deed. Eventually, the achievements can be converted into NFTs in the ecosystem. 

Currently, $ECOTERRA is priced at $0.00775 during its ongoing presale. The price will rise by the final presale round to $0.01 per token. There is a total supply of 2 billion tokens, 800 million of which have been allocated for the presale. 

Since the presale went live, Ecoterra has raised over $3.45 million. One can read the Ecoterra whitepaper and join the Telegram group to stay updated with all the new platform developments. 

3. yPredict - Earn Passive Income with this Cryptocurrency Platform 

yPredict is a cryptocurrency analytics and research platform which can be used to access predictive models on the digital assets space with $YPRED tokens. This native token can be used for various purposes in the ecosystem, including earning passive income and rewards through a Learn2Earn environment. 

The platform offers tools to enable data-driven analytics. One can head to the financial marketplace and access the latest financial predictive models and metrics with $YPRED. Subscriptions can be made with the token, giving you access to these models developed by AI experts and financial quants. 

yPredict leverages AI tools, such as sentiment analysis, to determine the future movement of a particular token. The platform also sends AI-based trading signals to users. By using over 25+ charting patterns, the ecosystem analyzes the potential movement of hundreds of crypto tokens. 

$YPRED is also used to generate passive income in the ecosystem. 10% of all subscription revenue generated on the ecosystem is sent to existing token holders. The platform will also distribute 15% of swapping fees to a staking pool. 

Furthermore, users can learn more about the crypto markets by accessing yPredict’s Learn2Earn feature. One can take assessments and earn tokens on this platform after successfully passing the available modules. 

There is also a 7% selling tax charged on $YPRED. 1% is distributed towards liquidity, 3% towards marketing, 1% towards development, and 2% towards platform research. Interested investors can purchase $YPRED for only $0.05 per token through the ongoing presale. 

The exchange listing price is set at $0.12. yPredict has raised over $880K since the presale started. To learn more about this cryptocurrency, read the yPredict whitepaper and join the Telegram channel.

4. DeeLance - Decentralized Freelancing cryptocurrency on Presale 

DeeLance has a goal to revolutionize the freelancing space by leveraging blockchain technology. The platform supports crypto payment options, offers high transparency, and lets users interact on a metaverse. 

All these features are possible with $DLANCE, the native token, available to purchase on presale. On DeeLance, freelancers and clients can interact and collaborate on the metaverse environment. The token is used to purchase virtual land and lease out office spaces. 

Since transparency is of utmost importance, the ecosystem offers escrow payment services. This ensures payment to the freelancers once the work is completed and approved by the clients. DeeLance also lets freelancers tokenize their works into NFTs. This move removes any chances of duplicity or copyright infringements. 

Finally, DeeLance reduces the fees and commissions for freelancers and clients. While major companies like Upwork charge a 20% commission from freelancers, DeeLance charges only 10%. Similarly, clients pay a 2% fee, far lesser than the 10% fee that Upwork charges. 

Through an NFT marketplace, users can also buy and trade other NFTs. The platform lets users leverage $DLANCE to access NFT showcase events and purchase some of the most popular NFTs. 

The DeeLance whitepaper states that the platform will introduce AI chatbots for customer support and use on-chain KYC to avoid bad actors. From a 1 billion token supply, 30% has been allocated for the ongoing presale. 

$DLANCE is priced at $0.033 per token. The price will jump to $0.057 by the time it lists on exchanges. Since the presale went live, DeeLance has raised more than $800K. To stay updated with the presale developments, join the DeeLance Telegram group. 

5. Launchpad XYZ - All-in-One Web3.0 Cryptocurrency Ecosystem 

Members can access a range of Web3.0 services through the Launchpad XYZ ecosystem. The platform offers its own decentralized exchange, a Web3.0 wallet, and access to presale listings. Powered by the $LPX token, Launchpad XYZ will offer discounts on trading fees and access to partner discounts. 

Launchpad XYZ aims to onboard the next 10 million users to the world of Web3.0. To reach this feat, Launchpad XYZ offers several tools, such as a decentralized exchange where members can access crypto trading pairs and perpetual contracts. Through a Web3 wallet, one can interact with DApps, swap tokens, and trade hundreds of asset pairs. 

Launchpad XYZ will also provide a platform for users to find the most promising and upcoming Web3 utility tokens. Members can view current market trends and past performance across different market sectors. The platform will also host presale projects. Members who stake a minimum monthly average of 10,000 $LPX can also get guaranteed access to some of the presale listings. 

Another available feature is Launchpad XYZ’s trading terminal. This tool offers access to an API-based trading platform. Users can access real-time trading insights and custom indicators tailored to their specific needs through the trading terminal. 

The Launchpad XYZ whitepaper states that $LPX can be used to purchase fractionalized assets on the ecosystem. The $LPX token is priced at $0.035 during the first presale phase. While $LPX is still available on the first presale round, the price will subsequently increase to $0.07 by the 10th and final round. 

The presale has allocated 250 million tokens, representing 25% of the total token supply. Launchpad XYZ aims to raise $5 million through the presale. Join the Launchpad XYZ Telegram group to learn more about this cryptocurrency token. 

6. Swords of Blood - Best DeFi Coin in Role-playing Gaming P2E

Swords of Blood is one of the best DeFi coins in 2023 as it seeks to take over the GameFi space with its fast-paced, AAA-quality RPG hack-and-slash game on Polygon. Similar to the world-famous Diablo games, Swords of Blood can boast flashy combat mechanics, impressive graphics, and a wide variety of game modes to suit every sort of player.

The MVP version of Swords of Blood is currently playable, which features the flagship campaign mode for players to explore in three different difficulty levels. In addition, the MVP also features mode game modes, such as a Monster Hunt Dungeon, which allows players to battle off waves of progressively difficult monsters; a Boss Fortress, which will enable players to team up with others to fight evil bosses; and a PvP mode, which allows players to go head-to-head to rank in a leaderboard for prizes.

Swords of Blood is on a mission to become a gateway for traditional gamers to start adopting Web3 gaming. Therefore, they have removed all the hurdles traditional play-to-earn games experience when onboarding non-crypto natives. For example, when a user signs up for the game, a custodial wallet is automatically created through Stardust - allowing them to buy, sell, and store their tokens. As a result, players can instantly get into the game without having to create their wallets outside of the game.

The project is hosting a presale for its native token, $SWDTKN, during March 2023. This token will be the main transaction token to fuel the entire SoB economy and will be used to pay all the platform's fines, fees, and rewards. It’s also required for transactions on the marketplace, which allow players to trade commodities, characters, weapons, and skins.

Overall, Swords of Blood is taking a new approach to P2E gaming by introducing play-to-win and play-to-own gaming mechanics. Its hack-and-slash game is already highly popular and is expected to attract a wave of non-crypto natives into the industry.

Visit Swords of Blood

7. Scorpion Casino –  A Regulated and Licensed Social Gambling Platform with Daily Rewards

SCORP is a utility-rich DeFi crypto with excellent use cases in the fast-growing online gambling and betting market. It is the native cryptocurrency of Scorpion Casino.

Scorpion Casino sets itself apart from competitors with a strong blockchain foundation, which makes it provably fair and transparent. Something that the gambling industry has long been missing. And therein lies the large growth potential of SCORP.

As the governance and reward token of Scorpion Casino, SCORP fuels two of its components primarily.

The first is a licensed crypto sports betting and casino platform that gives you access to more than 30,000 bet opportunities monthly. The 200+ casino games listed on the platform include slots, blackjack, roulette, poker, and 160 live games. The sports-betting section, on the other hand, covers a wide range of football, tennis, American football, horse racing, basketball, golf, boxing, and MMA events.  

The second is a reward & referral affiliate system. If you’re holding SCORP, you won’t just benefit from its long-term value appreciation. You can earn up to $10,000 as daily passive income too. The re-distribution system integrated into the smart contract rewards you based on the casino's performance. A deflationary token-burning mechanism helps maintain a healthy value for the token in the open market.

Scorpion Casino has taken diverse measures to feature a safe and secure gambling experience for users. This is clear from its choice of providers, which is limited to highly reputed platforms like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC. To provide the best user experience, Scorpion Casino has partnered with leading platforms like CoinsPaid and BitRadar as well.

As one of the top emerging players in the online gambling and betting markets, Scorpion Casino has already secured a listing with a top-tier centralized exchange. Follow the platform on Telegram and Twitter to get the latest updates about upcoming listings and roadmap milestones. 

The best way into Scorpion Casino is the ongoing SCORP presale. It opens one of the most profitable crypto investment gateways of this year. (To get 20% extra tokens, use the Exclusive Bonus Code Scorpion20 which will be live for a limited period only. Enroll in the Elite Scorpion Members Club for extra tokens, rewards, VIP service, and cashback at the presale, starting from $1000.) 

8. Tamadoge - Top DeFi Meme token to Invest In 2023

Tamadoge (TAMA) is a new meme coin taking aspects from play-to-earn (P2E) gaming in order to create a unique and engaging experience like no other.

The project enjoyed an incredible launch in late 2022, pumping nearly 2,000% from its presale price and cementing itself as a top 10 meme coin.

Despite a retraction in price amid the wider bear market, TAMA remains one of the best altcoins on the market and among the best DeFi crypto to buy right now. 

The project centers around a Metaverse world in which players can collect, train, and battle NFT-based Tamadoge pets. Users can upgrade a pet using items from the in-game store, in doing so, they can earn Dogepoints, boosting their leaderboard ranking, and providing them with a larger share of the monthly rewards pool.  

With Tamadoge already making waves in the industry and the price of TAMA set to explode once the 5% burn mechanism on revenue generated from the in-game store kicks in, there's no telling how much TAMA could soar when the market recovers.

Unlike other meme projects TAMA has huge utility through its play-to-eaern game, two arcade-style mini-games and upcoming augmented reality app - as well as its low token supply (2 billion) and deflationary mechanism. TAMA is currently priced at $0.017.

Check out the project today and join the Tamadoge Telegram group to stay updated with any new developments or listing announcements. 

Buy TAMA on OKX

Buy TAMA on OKX DEX

9. Battle Infinity - Powerful DeFi Ecosystem with P2E Elements

Battle Infinity (IBAT) comprises a diverse DeFi ecosystem that boasts a myriad of exciting features designed to benefit crypto enthusiasts of all shapes and sizes.

Similar to Tamadoge, Battle Infinity made a big splash when it entered the crypto market.  

Going from selling out its presale 65-days ahead of schedule to offering early investors 4x returns following its PancakeSwap listing, the IBAT token has gone from strength to strength and shows no signs of slowing down - recently also becoming a staking asset with high APY.

The IBAT ecosystem consists of a decentralized exchange (DEX), a staking platform (set to launch September 24th), a fantasy sports league, an NFT marketplace, a collection of tokenized P2E crypto games, and even a Metaverse arena in which players can advertise and interact with each other.

With such a diverse feature set, Battle Infinity seems primed to explode as the core functionality of the platform begins to roll out. IBAT is currently priced at $0.0017. Join the Battle Infinity Telegram to stay updated with any new developments

Visit Battle Infinity. 

10. Chainlink - Leading Provider of Oracle Solutions

Chainlink (LINK) is a DeFi cryptocurrency dedicated to bringing off-chain data sources onto the blockchain to be used by other web3 projects, massively expanding the use cases of new crypto projects.

With Chainlink being one of the first projects to offer such a service, it has been picked up by key players and become the go-to platform for a number of the best DeFi crypto projects including Aave, Hedera, and Compound. 

As Chainlink's services are in such high demand, it's of little surprise that LINK has remained one of the strongest assets on the market, even during the recent crypto downturn. 

With many investors touting LINK as one of the best long-term crypto projects available, and the asset showing huge amounts of strength whenever the market enjoys a slight run-up, we'll be watching closely to see how it performs once the next bull run begins. 

Buy LINK on eToro

11. XRP - Project Aiming to Decentralize Currency Conversion

XRP has been a favorite asset of crypto investors since its release as a fast settlement, low-fee, sustainable cryptocurrency alternative to Bitcoin. The asset has created by David Schwartz and Jeb McCaleb who then went on to launch Ripple Labs in order to create use cases for XRP.

As we touched on, the primary attraction to XRP is its extreme efficiency. Transactions can be settled in just seconds and cost only a fraction of a cent, making it one of the fastest and cheapest networks on the market. Furthermore, the  release of the XRP Ledger (XRPL) in 2021 has expanded the project's use case by allowing other projects to be created on the network. 

The primary use of XRP is as a transactional cryptocurrency. It has already partnered with leading international currency transfer services like Swift and MoneyGram, leading many investors to consider the asset as one of the 10 best penny crypto projects currently available. 

Buy XRP on eToro

12. Tezos - Easily Upgradable Ethereum Competitor 

Tezos (XTC) is a DeFi DeFi coin that is akin to a more efficient, easily upgradable Ethereum. The project was conceptualized in 2014 but it wasn't until far later in 2018 that the Tezos mainnet was officially released. 

The project allows developers to build applications using the Tezos network through smart contracts. The project is consistently regarded as being a great alternative to Ethereum as the Tezos network can be easily upgraded with zero downtime, meaning the team can always ensure that the network boasts the latest technology. 

With the  Ethereum merge, the need for on-the-fly upgradable blockchains has become more apparent than ever before. With Tezos offering this functionality in an incredibly efficient package, many crypto fanatics regard it as being one of the best cryptos to buy in 2023. 

Buy Tezos on eToro

13. Avalanche - Low-Cost Layer-1 Blockchain 

Similar to Tezos, Avalanche (AVAX) is a new cryptocurrency and a highly-efficient layer-1 blockchain. The project exploded in 2021 at the height of the 'Ethereum killer' narrative, promoting a huge amount of P2E games and web3 projects to make the switch to the Avalanche network. 

While the hype surrounding the project has subsided over recent months, its technology remains powerful. One of the main reasons why Avalanche was able to pick up traction so quickly was its massively impressive throughput. 

Rather than treating every kind of transaction as one, Avalanche settles transactions on three different chains. The C-Chain is used to settle transactions that originate from the best DeFi coins and web3 projects, X-Chain is used for sending and receiving AVA, and P-Chain is for network validators. 

While AVAX has fallen a long way from its 2021 highs, the DeFi DeFi coinis trading at $17. While investor confidence has likely been shaken a bit following its dramatic fall, once the next bull run kicks off we could see impressive returns from AVAX.  

Buy AVAX on eToro

14. Maker - DAO Behind Leading Stablecoin

Maker (MKR) is a governance token that investors can use to make decisions in the Maker decentralized autonomous organization (DAO), that controls the popular stablecoin DAI. With the DAI stablecoin rapidly gaining market share falling the fall of algorithmic dollar-pegged stablecoin UST, MKR could be the best DeFi crypto to buy this year.

As, by design, stablecoins don't have any room for growth (unless something goes seriously awry), the MKR token is used to provide value to investors and fans of the project. As anyone holding MKR can vote on the development of DAI, and the price of MKR is linked to DAI's success, this system should, in theory, ensure that only the best decisions are made regarding the future of the stablecoin.

Out of all the best DeFi projects to invest in, Maker fits perfectly in the industry. MKR is currently priced at $665 per token, as of January 2023. With the need for a trusty stablecoin more apparent than ever, we could see big things from this DeFi cryptocurrency in the coming months. 

Buy MKR on eToro

15. Loopring - Advanced Ethereum Layer-2 Scaling Solution

While there was a large demand for Ethereum alternatives, the focus has now shifted to Layer-2 scaling solutions like Loopring (LRC). These projects utilize the Ethereum network but commonly settle transactions in a different way. This means that Layer-2 solutions benefit from Ethereum's security but aren't held back but its lackluster throughput. 

In order to achieve higher throughput than its parent network, Loopring bundles multiple transactions together off-chain, before settling them together on-chain at a later date. This allows the project to validate transactions far more efficiently than Ethereum, reducing fees and network congestion. 

With its partnership with GameStop, Loopring has been brought into the limelight. While it's yet to enjoy a meaningful move to the upside, there's plenty of hype surrounding the project meaning it could end up being one of the best DeFi projects to invest in ahead of the market's recovery. 

Buy LRC on eToro

16. Uniswap - Decentralized Exchange and DeFi Platform

Created by former Ethereum developer Hayden Adams, Uniswap (UNI) is packed with pedigree. It is a decentralized exchange (DEX) that hosts some of the best DeFi projects to invest in right now. During the DeFi explosion, the platform enjoyed widespread notoriety and quickly become one of the most used DEXs on the planet. 

UNI was created as a governance token, allowing fans of the project to help forge its future. With Uniswap (alongside PancakeSwap) remaining one of the largest decentralized trading protocols on the market, clearly, this model worked.

Although Uniswap can no longer be considered a low-cap crypto with its multi-billion dollar market cap, the project remains a favorite of DeFi-centric investors worldwide. While the smaller DeFi projects that live on Uniswap have been hit hard by a downtrend, it's likely that Uniswap will enjoy huge amounts of volume after these projects begin to draw attention once again. 

Buy UNI on eToro

What are DeFi Coins?

DeFi is short for decentralized finance. This refers to any sort of financial application that does away with a central authority and instead allows users to act for themselves. For example, on the PancakeSwap platform users provide liquidity in order to earn interest, with the platform then using an algorithm to match a buyer and liquidity provider. 

With cryptocurrency having a heavy focus on both finance and decentralization, there are a huge number of projects that could be considered DeFi coins. We've already discussed some of the best DeFi crypto projects to watch but a few other notable examples include Aave, The Graph, and Fantom.

To summarize, any cryptocurrency that has a focus on finance or decentralization can be considered a DeFi coin. As decentralization requires that there is no central body controlling an application, it's common for DeFi coins to be largely autonomous, hence the inclusion of a large number of DAO-based projects on our list. 

Are DeFi Coins a Good Investment?

With decentralized finance growing in popularity massively over the past couple of years, the best DeFi cryptos can make for solid investments. However, as with any sector, there will be projects that fail to perform as expected. 

Multitude of Use Cases

As we briefly touched on, DeFi coins can comprise a huge variety of sectors and use cases. With such diversity, the future of DeFi holds near-endless possibilities. With what's possible in cryptocurrency constantly changing, DeFi projects are set to evolve as blockchain technology improves, making the best DeFi investments great for getting exposure to a future-first market.

Future of Finance

Decentralized finance has already disrupted the traditional finance sector in a big way and with cryptocurrency adoption steadily rising, this is unlikely to change in the foreseeable future. While it's impossible to know for sure how things will progress as the DeFi market matures,  few sectors can compete with DeFi when it comes to future potential. 

Adheres to the Crypto Ethos

At the core of the cryptocurrency ethos is decentralization, the belief that no one individual or organization should have total control. With this concept being important to many die-hard crypto investors, projects that respect this, tend to generate more buzz from key players in the industry. 

Early Mover Advantage

While finance in the traditional sense has been around for centuries, the DeFi revolution is only just starting. The cryptocurrency market as a whole has existed for just over 10 years and DeFi far fewer. As such, the sector has seldom had time to mature. With this in mind, investing in DeFi can provide users early access to what could eventually become the new financial system. 

Where to Buy DeFi Coins

In order to assist investors looking to purchase DeFi coins, we've reviewed one of the top regulated platforms on which they can be acquired. 

eToro - Best Platform to Buy DeFi Coins

eToro was launched back in 2007 and has since grown in popularity massively, serving millions of users all around the globe. Being one of the world's leading brokers, eToro supports a plethora of DeFi coins as well as other cryptocurrencies and even stocks. 

eToro supports over 50 of the most popular crypto assets and allows users to buy and trade them with just a 1% commission. As such, crypto investors are able to get far more value for their money when compared with other large exchanges which often charge anywhere between 2-3% on purchases. 

In addition to its low fees, the platform's security is also phenomenal. eToro encrypts all sensitive data before it leaves the user's device, ensuring that it's of no use to nefarious individuals attempting to intercept traffic. Furthermore, the platform uses cold storage for the vast majority of client funds. Therefore, even if eToro was compromised, clients wouldn't be left out of pocket. 

For investors that are just getting started and want to learn strategy or simply get used to trading, eToro has the perfect tool. The broker offers a social trading platform that allows users to automatically mirror the trades of other users. Those wishing to copy trade can view the performance of the users they're able to copy, helping to ensure transparency. 

For investors looking to buy the best DeFi project, eToro is a great choice. It's an extremely capable exchange that offers a plethora of the best DeFi coins as well as plenty of other financial instruments. 

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Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

Conclusion

Decentralized finance is one of the hottest sectors in cryptocurrency right now. Throughout this article, we've taken a look at some of the best DeFi cryptos currently available, discussed the merit of DeFi as an investment, and reviewed the top DeFi exchange. 

One of the top cryptocurrencies we reviewed in this guide is AiDoge (AI). This is an AI-powered meme-generating ecosystem. Users can stake $AI tokens and earn free tokens for generating memes and receiving upvotes. 

Currently on presale, AiDoge has raised more than $5.6 million.
 

FAQs

What crypto coins are DeFi?

DeFi simply means decentralized finance. As such, a huge number of crypto coins fall under the category. In the strictest sense, DeFi coins are the native tokens of DeFi protocols, such as Maker (MKR) which powers the Maker decentralized lending platform - a way for people to benefit from loans without the need of a centralized entity like a bank. Some people apply the term more loosely.

What is the best DeFi Coin to invest in?

Each of the projects we've reviewed has plenty of room for upwards growth. Many can be invested in as part of a DeFi portfolio on eToro.

Are DeFi Coins worth it?

While it's important to understand that every project is different, the best DeFi coins have historically yielded excellent results for early investors. So, while it's crucial to perform ample due diligence, DeFi coins can make for solid investments.  

What are the best DeFi projects?

The best DeFi project will vary greatly based on a particular investor's goals. Most DeFi projects specialize in different areas so it's important to consider what one is looking for prior to investing.