Buy Lido DAO (LDO)

Follow the steps below to easily and securely buy Lido DAO.

You can securely store your Lido DAO in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Lido DAO. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Lido DAO with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Lido DAO with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Lido DAO through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Lido DAO is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Lido DAO involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Lido DAO, it is important to understand the risks.

Volatility: The price of Lido DAO can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Lido DAO is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Lido DAO through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Lido DAO or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Lido DAO: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Lido DAO instantly at the best available market price.

- Do you want to buy Lido DAO at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Lido DAO. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Lido DAO without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Lido DAO with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Lido DAO reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Lido DAO without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Yes, you can send your Lido DAO to an external wallet. With Finst, you can easily send your Lido DAO to a hardware or a software wallet.

Yes, you can store Lido DAO (LDO) on hardware wallets such as Ledger or Trezor.

Lido DAO is an open-source staking platform that works on networks like Ethereum, Solana, and Polygon. It enables liquid staking, which means you can stake your crypto and still keep it tradable.

Normally, your crypto is locked up, but with Lido DAO, you get stTokens (like stETH) in exchange for your staked coins. These tokens can be used in DeFi, traded, or later unstaked to get back your original stake + rewards. That's why many DeFi traders were so excited when it was released.

When you stake through Lido DAO, your tokens are distributed across trusted validators via a smart contract. You earn staking rewards without having to lock up your crypto.

You receive stTokens that automatically generate returns. For example: if you stake ETH, you get stETH in return. These tokens work on the execution layer, meaning they not only generate rewards but can also be used for other on-chain activities. Lido DAO also supports traditional staking methods and offers access to DeFi without hassle.

Lido DAO was founded in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish, with help from several investors like Stani Kulechov from Aave and Banteg from Yearn. Companies like ParaFi Capital and KR1 were also involved.

Lido DAO DAO (Decentralized Autonomous Organization) is governed by the community. Anyone with LDO tokens can vote on the future of the platform.

Want to be a node operator? Then you need to be technically skilled, as you're responsible for making sure the validators run smoothly. Mistakes can lead to slashes (penalties), which affect your earnings.

Lido DAO started as a staking platform for Ethereum, but later expanded to Solana and Polygon. They also supported Polkadot and Kusama, although that project is now on hold. Terra Luna was removed from the network after the crash.

Over the years, Lido DAO DAO has grown into one of the biggest players in DeFi. With an active community and strong governance, the platform has established itself in the world of liquid staking.