USDC to FIDA conversion chart
USDC to Bonfida correlation
FIDA and USDC are not correlated to each other as FIDA’s value depends on supply and demand. Whereas, USDC is a stablecoin that is backed by traditional fiat like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, FIDA and USDC do not share a strong relationship.
USDC to FIDA exchange margin
Considering today’s exchange rate, a transaction of 1 USDC to FIDA would result in an output of 4.975 FIDASOL.
How to convert USDC to Bonfida
USDC and Solana Name Service (Bonfida) comparison
USDC was issued on the Ethereum network by Circle and Coinbase. Monthly reports on the reserves are published to keep the project transparent and trustworthy. USDC is mostly used by users to either enter or exit the cryptocurrency market without any volatility. USDC can also be traded similarly to other cryptocurrencies and it also powers cheaper transactions across borders.
Solana Name Service (SNS) is a tool designed to facilitate secure and pseudo-anonymous identities on the Solana blockchain, developed by the Bonfida team. Bonfida's token, $FIDA, plays a crucial role in their ecosystem: SNS, Asset Agnostic Orderbook, perpetual swap, Bonfida Bots, etc.
USDC to Bonfida price details
USDC to FIDA Conversion Rate and Price
At the moment, the conversion rate for 1 USDC equals to 4.975 FIDASOL. The 24-hour highest price of USDC in relation to FIDA was 5.182 FIDASOL and the lowest was 4.772 FIDASOL. In short, USDC price in relation to FIDA changed by 8.06%.
Instantly Exchange USDC to FIDA
On ChangeHero you can instantly exchange USDC to Bonfida without registrations. You can easily convert USDC to FIDA in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDC to FIDA exchange.
USDC to FIDA Best Rate Exchange
In the Best Rate exchange of USDC to Bonfida, we search through various exchanges for the USDC to FIDA pair and find the best rate available in the market. We provide you with an estimation of the amount of FIDA you will receive.
As soon as you accept the terms and the USDC is deposited, the exchange will be automatically processed. We remind you that the final amount of FIDA you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to FIDA.
USDC to FIDA Fixed Rate Conversion
In the Fixed Rate exchange of USDC to Bonfida, ChangeHero finds a good rate for the pair USDC to FIDA and fixes the rate for up to 15 minutes. In the Best Rate exchange of USDC to FIDA, you will receive the exact amount of FIDA which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified FIDA address. ChangeHero is the best place to exchange USDC to FIDA fast and safely at the best rates.
Frequently asked questions
How long does it take to convert USDC to FIDA?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange USDC to FIDA?
No, you do not require an account to swap USDC to FIDA on ChangeHero. There will be no registrations for your USDC to Bonfida transaction.
Do I need to go through KYC procedures for USDC to FIDA exchange?
There will be no KYC for the USDC to FIDA exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange FIDA to USDC?
Yes, you can instantly exchange FIDA to USDC on ChangeHero.