Buy Bonafida (FIDA)

fida
$0.55
+3.10%

Global Rank

#710

Market Cap

$42.3M

24hr Volume

$5.7M

24hr Change

+3.10%

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Bonfida

What is Bonfida (FIDA)?

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.

How to Buy Bonfida in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy FIDA

Frequently Asked Questions

Where is the best place to buy Bonfida?

The best place to buy Bonfida is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

Is Swyftx Safe to buy Bonfida?

Yes, Swyftx is a safe and secure platform to buy and sell Bonfida (FIDA). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.

Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.

You can find more information on our security practices here.

How is the price of FIDA determined?

The price of FIDA is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:

  • Bank transfer
  • OSKO
  • PayID
  • POli
  • Credit or debit card

Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

Can I buy Bonfida with credit card?

Swyftx does not allow you to directly buy Bonfida with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy FIDA instantly.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.