Buy First Digital USD (Binance Smart Chain) with a credit card
You can buy FDUSD for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at First Digital USD (Binance Smart Chain) price dynamics and history, get some answers to your questions, and find some useful links to read more about what is FDUSD.
First Digital USD (Binance Smart Chain) live price chart
FDUSD price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
What is First Digital USD?
First Digital USD (FDUSD) is a stablecoin designed to maintain a 1:1 peg with the US Dollar, providing a secure and efficient medium for digital transactions. It was introduced in 2023 by First Digital Trust, a reputable financial services provider specializing in blockchain technology and digital asset management. FDUSD is built on the Binance Smart Chain (BSC), offering flexibility and broad compatibility across decentralized ecosystems.
The primary purpose of FDUSD is to facilitate fast and low-cost transactions while providing a stable digital asset for trading, payments, and remittances. With a focus on transparency, the reserves backing FDUSD are regularly audited to ensure full collateralization.
Key features of FDUSD
- Stability: Backed by US Dollar reserves held in regulated financial institutions.
- Low transaction costs: Optimized for efficient digital payments.
- Transparency: Regular audits and public reserve reports.
- Scalability: Supports high transaction volumes without compromising speed.
The total supply of FDUSD adjusts dynamically based on market demand and reserve availability, ensuring liquidity for users across platforms.
The average fees on the FDUSD Network
Transactions involving FDUSD are cost-effective. On the Binance Smart Chain, gas fees range from $0.10 to $0.30 USD, ensuring affordability for everyday transactions.
The FDUSD to USD price is fixed at $1.00, maintaining its peg to the US Dollar. These low fees make it an attractive option for seamless digital payments and remittances.
The FDUSD token wallets
Several wallets support the secure storage of FDUSD:
- MetaMask: A widely-used wallet compatible with Binance Smart Chain tokens.
- Trust Wallet: Ideal for mobile users, offering multi-chain support and ease of use.
- Ledger Nano X: A hardware wallet providing cold storage for maximum security.
- Binance Wallet: An intuitive wallet integrated with Binance Smart Chain for seamless token management.
- Coin98 Wallet: A multi-functional wallet supporting cross-chain storage and transactions.
Where to buy First Digital USD
FDUSD is available on various cryptocurrency exchanges, offering users multiple options to acquire the token. SwapSpace is the cheapest way to buy First Digital USD, ensuring a smooth and hassle-free experience with low fees and competitive rates. Purchase FDUSD online instantly using your preferred payment method.
How to buy FDUSD with a credit card
Here’s how to buy FDUSD instantly on SwapSpace in just five steps:
- Visit SwapSpace and select First Digital USD (FDUSD) as the token you want to buy.
- Choose your preferred payment method, such as credit card, debit card, or fiat currency options like Google Pay or Apple Pay.
- Enter the amount of FDUSD you wish to purchase.
- Provide your wallet address so you can receive the FDUSD tokens.
- Confirm your payment and complete the transaction within minutes.
What can I do with First Digital USD after purchase?
First Digital USD tokens offer multiple use cases, including:
- Digital payments: Make fast and cost-effective payments for goods and services.
- Trading: Use FDUSD as a stable trading pair on cryptocurrency exchanges.
- Remittances: Send funds internationally with minimal fees and near-instant settlement.
- DeFi integration: Participate in decentralized finance protocols for staking and yield farming.
- Wealth preservation: Hold FDUSD to mitigate volatility risks in the crypto market.
You can buy FDUSD right here on SwapSpace! Look below for instructions on how to buy First Digital USD.
How to buy FDUSD on SwapSpace
On this page, we put USD in the “You send” and FDUSD in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination First Digital USD (Binance Smart Chain) address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.
