What is Bonfida? What Does FIDA Do? - Coinleaks
Current Date:September 21, 2024

What is Bonfida? What Does FIDA Do?

What is Bonfida? Bonfida (FIDA) Coin is a native cryptocurrency belonging to the FTX platform. It is an ecosystem built on Solana. It uses the Serum trading protocol built on the Solana network. It is a decentralized non-custodial exchange. Developed by experienced crypto industry members of the Bonfida Foundation. It was first listed on a popular exchange like Binance on September 30, 2021. The FIDA ecosystem allows users to interact with DEX projects quickly and seamlessly.

What is Bonfida?

The aim of the project was to fill the floor gap between active users trading in the Trio of Serum, Solana and Serum DEX. It aims to replicate the leading players of the Ethereum DeFi ecosystem. So it aims to become a one-stop solution.

1 FIDA Coin costs 27.36 TL as of the date of this article. It is equivalent to $1.85 at the current exchange rate. FIDA Coin has gained 4.22% in the last 24 hours. Also, the 24-hour trading volume of FIDA Coin is TL 74,258,188. Its circulating supply is 44,729,964 FIDA Coins, and its maximum supply is 1,000,000,000 FIDA Coins

Advantages of FIDA Coin:

  • Koinbros, Evernew Capital and Genesis Block are the partners involved in this project.
  • FIDA ecosystem allows its users to interact seamlessly with DEX.
  • It is a project targeting all investors trading in Solana and Serum network.

Disadvantages of FIDA Coin:

As FIDA Coin is priced to an all-time high, there is a risk of a drop in price in the near future. It has low accessibility. Because it is a crypto currency listed on a limited number of exchanges.

What is Bonfida? How to Get FIDA Coin?

  • FIDA Coin is listed on popular and trading volume exchanges such as Binance, Mangala Exchange, Gate.io, FTX and BingX.
  • First of all, enter any exchange platform where the above mentioned FIDA Coin is listed. Then enter the free account creation page.
  • Create your account after entering the requested information.
  • Complete the authentication process steps completely.
  • Then, after completing the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you.
  • In the last step, enter the exchange tab where FIDA Coin is listed. You can easily have FIDA Coins by entering the current price or the amount you want.