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World Liberty Financial is a cryptocurrency project that was created in association with the Trump family.
It currently lists US President Donald Trump and his sons Eric, Donald Jr. and Barron as ambassadors.
WLFI is the non-transferrable governance token of World Liberty Financial but isn’t currently available for trading on regular cryptocurrency exchanges.
You can WLFI in a token sale via the World Liberty Financial website or look to buy WLFI via premarket or OTC (over-the-counter) trading.
How to buy World Liberty Financial (WLFI)
You can follow the steps below to get started:
- Set up a crypto wallet. If you don’t already have an Ethereum wallet, you’ll need to create one using a software wallet like MetaMask, Phantom or Coinbase Wallet. We recommend the Bitget wallet.
- Deposit funds. Once your wallet is set up, you’ll need to deposit one of the following cryptocurrencies: ETH, USDC, USDT or WETH. You can buy these cryptocurrencies via regular crypto exchanges and then transfer them to your own wallet.
- Connect your wallet. To take part in the token sale, you’ll need to connect your wallet to the official WLFI website by hitting “Connect wallet” and following the instructions.
- Get verified. You’ll need to be an accredited investor and submit your ID document to verify your account.
- Purchase WLFI. Once your wallet is connected, you can then select the cryptocurrency you want to buy WLFI with, the amount you want to buy and then confirm the transaction.
What is World Liberty Financial?
World Liberty Financial is a decentralized finance (DeFi) platform that claims to let users earn and borrow cryptocurrency. It was founded by Chase Herro, Zak Folkman and the Witkoff family, and lists members of the Trump family as ambassadors.
However, it has yet to actually launch any DeFi features but has accumulated other cryptocurrencies, including $47 million worth of Bitcoin (BTC) and Ethereum (ETH) to commemorate Trump’s inauguration as the 47th US president.1
Is World Liberty Financial safe?
While World Liberty Financial is tied to the Trump family, it has yet to release any real details of how its protocol will work.
Up to 70% of all WLFI tokens are reportedly reserved for the founders and other team members. Any tokens bought as part of the token sale are currently non-transferable.
Is World Liberty Financial available to trade?
No, you can’t currently trade WLFI via any crypto exchanges.
However, it is likely that the token will be made available to buy and sell via regular crypto exchanges in future, as well as decentralized exchanges that support the Ethereum network, like Uniswap.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
