What is First Digital USD (FDUSD)?
First Digital USD (FDUSD) is a stablecoin pegged 1:1 to the US dollar and was introduced in June 2023. It is issued by FD121 Limited, a subsidiary of First Digital Limited, a financial firm based in Hong Kong. FDUSD aims to bring stability and reliability to the highly volatile cryptocurrency market. Each FDUSD is backed by either one US dollar or an equivalent asset held in reserve, ensuring a steady value that helps to minimize the risks linked to price fluctuations seen in other cryptocurrencies.
How First Digital USD (FDUSD) Works
First Digital USD (FDUSD) operates on Ethereum and BNB Chain networks, following ERC-20 and BEP-20 token standards for compatibility with decentralized applications and cryptocurrency exchanges. The stablecoin's reserves are held in segregated accounts by First Digital Trust Limited in Hong Kong, ensuring the integrity and security of the 1:1 backing. Transparency is a key feature, with an "attestation of reserve" report audited by independent auditors to demonstrate full support for the circulating supply. FDUSD's programmability enables integration with smart contracts for various DeFi activities, and its fast transaction speeds and low fees make it suitable for cross-border payments and everyday transactions.
How Many First Digital USD (FDUSD) Tokens Are in Circulation?
FDUSD's total supply and circulating supply both amount to 2,934,157,267.
How to Buy First Digital USD (FDUSD)
Consider investing in First Digital USD (FDUSD)? It only takes 2 minutes to create an account on Bitget and start trading FDUSD.
Check out the available FDUSD trading pairs on Bitget!
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First Digital USD (FDUSD) Resources
Simple 3-step guide to buying FDUSD today in Bosnia and Herzegovina
Create your free Bitget account
Select a funding method
Complete your First Digital USD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for First Digital USD using a payment method of your choice:
Buy First Digital USD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your First Digital USD order.
How to buy crypto with credit/debit cardBuy First Digital USD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into First Digital USD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your First Digital USD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your First Digital USD order.Buy First Digital USD with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your First Digital USD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor First Digital USD in your Bitget spot wallet
Bitget—where the world trades First Digital USD
How to buy First Digital USD for free
- Learn how to earn First Digital USD for free through the Learn2Earn promotion
- Earn free First Digital USD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free First Digital USD airdrops by joining ongoing challenges and promotions
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FAQ
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Bosnia and Herzegovina, abbreviated BiH or BH and often known informally as Bosnia, is a country located in the Balkans, at the crossroads of south and southeast Europe. With Bosnia, a semi-hilly inland region, and Herzegovina, a mountainous southern region, BiH is bordered by Serbia to the east, Montenegro to the southeast, Croatia to the north and south, and the Adriatic Sea to the south.
The Bosnia-Herzegovina Convertible Mark (BAM), pegged to the Euro at a fixed rate, is BiH's official currency. Here at Bitget, you can buy First Digital USD(FDUSD), and many other coins using BAM. Whether you're in Sarajevo, Banja Luka, Tuzla, or Zenica, Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.
BiH had the third-highest tourism growth rate in the world between 1995 and 2020, according to projections by the World Tourism Organization. Sarajevo, its capital and largest city, was named one of the top ten cities to visit in 2010 by Lonely Planet's "Best in Travel". Home to the southern area of the Alps, BiH has become an increasingly popular skiing destination over the years. Its "cleanest water and air in Europe" and "greatest untouched forests" also attract adventurers and eco-tourists. BiH was named the best mountain biking adventure destination for 2012 by National Geographic and the "9th Greatest Adventure in the World for 2013" by the Huffington Post.