Serving as an interoperable bridge between Serum, Solana, and crypto users around the world, Bonafida is the first protocol to deliver next-generation data analytics for Solana into the industry. FIDA is the governance token of the Bonafida ecosystem, with which it is fully integrated. To be clear, Serum is a working Decentralised Exchange (DEX) that brings fast, low-cost transactions to Solana. Serum is the top choice for DEX traders on Solana and has experienced 25% week over week growth from an early stage of its trajectory. On top of trading capabilities, Serum’s ecosystem includes a built-in wallet, SOL airdrops and a unique API that can deliver a repository of all Serum transactions to make analytics easy to evaluate.
There are other elements of functionality and utility when it comes to the FIDA token. FIDA operates through a limited governance model based on parameters that include product fees and decision-making capabilities. It has been agreed upon that 95% of the net fees for FIDA can be used for token buys and burn. Additionally, FIDA can be used to access the VIP APIs, power Bonafida Bots, and transactionally for DEX and Solibe listings. Additionally, FIDA can be used for staking and grant holders exclusive API endpoints with exclusive access to Solible markets, as well as advanced analytical features.
When Swyftx users buy, sell and trade FIDA in Australia, they are getting cheaper fees and spreads than our closest competitors.
Start trading Bonfida in less than 2 minutes thanks to our instant identity verification and deposits.
Swyftx secures users accounts with features such as two-factor authentication and breached password detection.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.
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Automate your crypto investments.Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.