Buying guideUpdated on How to Buy Yelay (YLAY): Step-by-Step Guide
To buy Yelay on Picnic, you create an account, add funds with Pix and convert your balance into YLAY in the app. The quote and the fees are shown on screen before you confirm, and the asset stays in a wallet you control.
- Fund with Pix
- Self-custody with a passkey
- Fees shown before you confirm
How much YLAY can you buy?
You don't have to buy a whole unit. Here is what each amount is worth at today's reference price, before fees.
- With $106,947.9YLAY
- With $5034,739YLAY
- With $10069,479YLAY
- With $500347,390YLAY
How to buy Yelay on Picnic, step by step
Four steps, from signing up to YLAY in your wallet.
Create your account
Download the app or open it in your browser. Your wallet is created at sign-up and protected by your device's biometrics (a passkey), with no seed phrase to write down.
Add funds with Pix
Top up in Brazilian reais with Pix, straight from the app. The balance shows up in a few minutes.
Search for Yelay
In the investments tab, look for Yelay or YLAY and enter how much you want to buy.
Review and confirm
Check the quote and the fees shown on screen, then confirm. Your YLAY balance appears in your wallet, under your control.
What is Yelay?
Yelay (YLAY) is the native token of the Yelay protocol, designed to simplify yield generation across blockchain ecosystems. With a total supply of 1 billion tokens, YLAY enables businesses to create yield-funded products and allows consumers to derive value from idle digital assets. The token can be staked for rewards and is essential for node operation. Yelay's infrastructure has undergone audits by leading firms and offers a substantial bug bounty program. While YLAY is available on various exchanges, you can conveniently purchase it on the Picnic platform. As with all cryptocurrencies, potential investors should carefully consider the risks associated with market volatility before investing in YLAY.
Yelay (YLAY) is the native token of the Yelay protocol, known as 'The Yield Layer' across blockchain ecosystems. It aims to simplify yield generation through smart vaults, allowing businesses to create yield-funded products and helping consumers make the most of their idle digital assets. With a total supply of 1 billion tokens, Yelay offers a range of use cases including yield generation, staking for rewards, and ecosystem participation. Security is a top priority for Yelay, with audits conducted by leading firms like Certik and Trail of Bits. The protocol also maintains a substantial bug bounty program via Immunefi, ensuring its reliability and safety. Yelay's infrastructure supports multi-chain functionality, automatic asset allocation, and continuous yield optimization, making it a versatile option for users looking to maximize their digital asset potential. If you're interested in acquiring YLAY tokens, they can be purchased through various cryptocurrency exchanges and wallets. Picnic is one platform where you can buy YLAY, among many other cryptocurrencies. As with any investment in the crypto space, it's important to conduct thorough research and understand the associated risks before making a decision. Yelay offers block explorers for users to access real-time and historical data, and maintains an active community presence on social media platforms like Twitter and Discord.
Why buy Yelay on Picnic?
You stay in control
The wallet is yours, in self-custody, created at sign-up and protected by a passkey. Picnic is not an exchange: your assets stay under your control.
Fund with Pix
Add Brazilian reais and buy YLAY in minutes, with no international wire.
Fees on screen
The quote and the fees are shown before you confirm the purchase, with no surprises.
Buy it, then spend it
The same account comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF.
Frequently asked questions
Does Picnic charge fees to buy Yelay?
Fees depend on the network used to buy YLAY. On some networks the transaction is free, and on the others the fee is always shown on screen before you confirm. No hidden costs: what you see is what you pay.
Is it safe to buy Yelay on Picnic?
On Picnic your wallet is in self-custody: you keep control of your assets without relying on an intermediary exchange. Picnic has operated globally since 2021, and the infrastructure behind the product was recognized with a grant from the Ethereum Foundation. As with any digital asset, the price of YLAY can move, so invest thoughtfully.
Can I buy just a fraction of YLAY?
Yes. You choose the amount to spend and receive the matching quantity of YLAY, even if it is a fraction of one unit.
Do I need to understand crypto to buy Yelay?
No. Picnic is built to be simple even for beginners: fund with Pix, search for Yelay and confirm in a few taps. Your wallet is created automatically and the technical side stays behind the scenes.
How long until YLAY reaches my wallet?
After you add funds with Pix and confirm the purchase, your YLAY balance usually shows up in your wallet within a few minutes. Exact timing can vary by network.
Can I spend my balance after buying?
Yes. The same account that holds your assets comes with an international Visa card, accepted in 180+ countries, with no annual fee and no IOF. So you can spend your balance day to day, at home or abroad.
Can I buy other assets besides Yelay?
Yes. Picnic lists more than 3,000 digital assets. Just search for the one you want and follow the same steps, all in one account.
More buying guides
See all guides
Ready to buy Yelay?
Create your account, fund with Pix and have YLAY in your wallet in minutes.
Buy YelayThis content is for information only and is not investment advice. Digital assets are volatile and you may lose part of the amount invested.