TULIP coin is the token of the Tulip Protocol, a Solana yield aggregator. Tulip Protocol is the first yield aggregation platform built on Solana with auto-compounding vault strategies.
The TULIP dApp is designed to take advantage of Solana’s low cost, high efficiency blockchain, allowing the vault strategies to compound frequently. This allows DeFi stakers to benefit from higher APYs without requiring active management.
Tulip Protocol offers a unique opportunity for farming income through its innovative auto-compounding vault strategies. You can stake your tokens and earn rewards without needing to actively manage your investment.
Where to buy TULIP coin for fiat
Buying TULIP coin directly for fiat will need you to get KYC verified. There’s a couple of exchanges that list TULIP and let you buy it for fiat, the largest one is FTX.
FTX.com has two TULIP coin markets - one denominated in USD and one TULIP perps contract swap market.
Binance and Bitfinex don’t list TULIP.
TULIP coin stakes directly at the Tulip’s own pool here: https://tulip.garden/staking.
The Tulip protocol platform offers staking pools, yield farming and even leveraged yield farming on multiple popular Solana pairs of RAY, GMT or SOL. There is a Tulip swap into which you can provide liquidity for profit.
If you’ve never heard of leveraged yield farming, here’s a video tutorial:
Where to buy TULIP coin without KYC
Unsurprisingly, TULIP coin is not available in the USA sister platforms of neither Binance nor FTX.
If you are in the United States and want to buy TULIP coin before it gets listed on US platforms, you will need to do the two-step process.
First buy USDC (Solana) on any exchange that lets you and then trade it for TULIP coin on Tulip Protocol Swap. You can also buy TULIP coin for wrapped Bitcoin and a bunch of other coins - see the up to date list in the swap.
Where to trade TULIP coin
If all you want to do is speculate on the price of TULIP coin, then you will probably want to make an account at FTX.
FTX has the industry’s lowest trading fees. Anyone opening a new FTX account pays just 0.02% for limit orders and 0.07% for market orders on spot or derivative markets. You may also add 5% referral code savings, as well as exchange token savings if you decide to hold FTT. Use FTX referral code altcointrading.
In case you are in the USA, you can always stick with the Tulip platform at tulip.garden.
Crypto wallets that support TULIP coin
TULIP coin can be stored in any crypto wallet that supports Solana tokens: Exodus, Phantom, Sollet, Coin98…Or if you prefer hardware wallets, the Ledger.