Why DeFi Trading is Booming in Vietnam (and How to Start)
Vietnam’s crypto adoption grew 47% YoY in 2024, with DeFi leading the charge. But many users still struggle with basic token swaps. This HIBT User Guide breaks down DeFi trading into simple steps while addressing key security concerns (tiêu chuẩn an ninh blockchain).
Step 1: Setting Up Your HIBT Wallet
- Download the official HIBT app (always verify links at hibt.com)
- Enable two-factor authentication – reduces hack risks by 80%
- Store backup phrases offline – never screenshot them
Step 2: Funding Your Account
Here’s the catch: Vietnamese users can’t directly deposit VND. You’ll need to:
- Buy stablecoins like USDT from licensed exchanges
- Transfer to your HIBT wallet (average fee: $1.20)
How to Audit Smart Contracts Before Trading
Like checking a car’s engine before buying, always verify:
| Checkpoint | Tool |
|---|---|
| Contract ownership | Etherscan |
| Audit history | CertiK (used by 70% of top DeFi projects) |
2025’s Most Promising Altcoins for Vietnamese Traders
According to Chainalysis 2025 data, these DeFi tokens show strong Vietnam liquidity:
- LayerZero (ZRO) – 24% Vietnamese holder base
- Sei Network (SEI) – $3.2M daily volume in VN
Final Security Checklist
Before executing any trade on HIBT:
- Check token contract address (common scam tactic: fake versions)
- Set slippage below 3% to avoid sandwich attacks
- Start with small test transactions
For more Vietnam-specific tips, read our cryptoliveupdate.com”>cryptoliveupdate for more guides.