What is Bonfida (FIDA)?

Bonfida (FIDA) is a cryptocurrency that operates on the Solana network and is categorized under various tags, including DeFi and Binance ecosystem.

What are the custody and transfer risks involved with Bonfida?

Users should ensure secure handling of private keys and recovery phrases. Transfers may be irreversible, and users should verify the contract address and network before proceeding.

How can I verify the acquisition of Bonfida?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending assets.

Where can I find official resources for Bonfida?

Official resources for Bonfida can be found at their website, [Bonfida](https://bonfida.org), and their white paper is available [here](https://www.bonfida.org/white-paper.pdf).

Bonfida (FIDA)

Rank #673

Market snapshot

Price: $0.018023
Market cap: $17.9M
24h volume: $7.7M
Circulating supply: 990,910,813.7053
Total supply: 990,910,813.7053
Max supply: N/A

What is Bonfida?

Bonfida is a cryptocurrency that operates on the Solana blockchain. It serves various functions within the decentralized finance (DeFi) space. Bonfida is recognized for its integration with the Binance ecosystem, allowing it to leverage the capabilities of one of the largest cryptocurrency exchanges.

Key information

Symbol: FIDA
CMC rank: #673
Network / platforms: Solana
Categories: N/A
Date added: Dec 14, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Solana
EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Bonfida (FIDA)?: Bonfida (FIDA) is a cryptocurrency that operates on the Solana network and is categorized under various tags, including DeFi and Binance ecosystem.
What are the custody and transfer risks involved with Bonfida?: Users should ensure secure handling of private keys and recovery phrases. Transfers may be irreversible, and users should verify the contract address and network before proceeding.
How can I verify the acquisition of Bonfida?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending assets.
Where can I find official resources for Bonfida?: Official resources for Bonfida can be found at their website, [Bonfida](https://bonfida.org), and their white paper is available [here](https://www.bonfida.org/white-paper.pdf).

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