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Buy Silo token securely on Monitok hybrid exchange. Use card or bank transfer. Start with as little as $1.
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1 SILO ≈ 0.0488 EUR

Silo Governance Token Silo Governance Token · SILO
USD
Overview
Popularity
1474
Type
Token
Active since
December 2021
Stats
Market cap
USD 9.28M
Volume last 24h
USD 9,104.02
Circulating supply
335.54M

What makes Silo Token special?

The SILO token is a governance token for the Silo Finance ecosystem, a protocol that focuses on providing isolated lending and borrowing options for individual tokens. This structure ensures that risks associated with one asset do not impact the others, enhancing security for users. Holders of the SILO token have the ability to participate in governance decisions, influencing key aspects of the protocol’s development and updates. This includes voting on protocol changes and new feature implementations, directly shaping the future and functionality of the Silo platform.

How to buy Silo Token on Monitok?

Seamless steps to get started on Silo token trading

Download & install the Monitok App

Navigate to your device's app store and download the Monitok app. Follow instructions for a quick & easy setup.

Create an Account

Open the Monitok app, follow the prompts to create an account and wallet. Secure it by saving the wallet's seed phrase and using a strong password.

Buy SILO

Get SILO on Arbitrum via deposit from another wallet OR using your credit card. Once your account is set up, you can obtain or deposit SILO to start trading efficiently.

How to buy Silo Token on Monitok?

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Why Monitok is the best way to buy SILO?

Lightning fast transactions

Buy SILO using a card or SEPA bank transfer and see it in your wallet instantly

Convenient payment methods

Buy SILO instantly with a credit or debit card, instant SEPA, Apple Pay, manual bank transfer, and more.

Buy with best prices

Buy SILO with the cheapest rates compared and sourced from 100+ other decentralized exchanges

Purchase the amount that you need

You can buy the amount of SILO starting from $1.

Truly own SILO

With Monitok’s self-custodial wallet, secure and own your assets.

Benefit from the Monitok ecosystem

Buy, swap, sell, send, earn and more with the extensive features of the Monitok app.

What can I do after I buy SILO?

Unleash the potential of decentralized trading

Pay gas fees

You can use SILO to pay gas fees and facilitate trades and other transactions on Monitok

Stake & earn

You will have a selection of staking options for your SILO

Trade

You can trade your SILO for over 100 tokens available on Monitok

Sell & withdraw

You can sell your SILO whenever you like to withdraw fiat currency to your bank account

fi-sr-star (1)

4.8 average rating

Group 2291

3500+ downloads

Convert SILO for other assets

SILO to USD
SILO to EUR
SILO to ETH
SILO to LINK
SILO to ARB
SILO to BTC
SILO to USD
SILO to EUR
SILO to ETH
SILO to LINK
SILO to ARB
SILO to BTC

Frequently asked questions

Should you still have questions about our platform, look no further
The SILO token is a governance token for the Silo Finance ecosystem.
You can buy SILO directly on the Monitok app with fiat and/or other cryptocurrencies.
The SILO token features dynamic interest rates and a permissionless setup, enabling the creation of markets for any token, which promotes a broad financial ecosystem. Additionally, the protocol is governed by a DAO, giving SILO token holders significant influence over protocol decisions and its future direction.
You can buy SILO directly on the Monitok app with a credit card. Here’s how: 1. Create an account on the app 2. Go to your wallet 3. Click the “Buy” button 4. Follow the steps & input your credit card information Voila! You just bought SILO with a credit card.
For bank transfers, you can use several on-ramp providers integrated on Monitok. The flow looks more or less similar: 1. Go to your wallet 2. Press the “Buy” button 3. Select the amount you would like to buy 4. Select the “Manual Bank Transfer” payment method 5. Go to your bank account 6. Send money to displayed IBAN with displayed reference code from your bank account P.S.: It takes up to two days for your assets to be attributed to your account.
The minimum amount of any crypto purchase is $1 USD.
Monitok is a self-custodial exchange with price aggregation from 100+ DEXs to bring the best price for your trading. Also, with self-custody, only you have access to your assets, along with you can track all your portfolio from the Monitok mobile app. In addition to that, with our fiat on/off-ramp feature, you don’t need several applications, you can buy/sell all your crypto and fiat on the app.
SILO is on Ethereum and Arbitrum.
SILO is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain.

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