How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase FET on BYDFi. We'll guide you through it
Choose how to purchase FET on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (FET). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store FET in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your FET to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy FET on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive FET
Trade
Answers
Is Fetch.AI Coin a Good Investment?
Fetch.AI could be a good crypto asset, especially if you wish to include projects with real-world applications in your portfolio. With the increased interest in artificial intelligence (AI) and automation among the mainstream sectors, an AI-based cryptocurrency like Fetch.AI could enjoy considerable attention from investors.
The Fetch.AI price could climb higher amid rising investor interest in digital assets with potential for mainstream use, especially in a trending area like AI. The token could become even more valuable as more investors flock to buy and hold FET.
The FET price statistics could also receive a boost as more developers use the Fetch.AI platform to launch their dApps. Increased interoperability among the Fetch.AI ecosystem and other platforms could also power gains in the $FET price in the market.
Can Fetch.AI Price Reach $100?
While it is impossible to offer an accurate Fetch.AI price prediction over any duration and offer any certainty about a new all-time high, the critical level of $100 for the FET price looks unfeasible, given its high circulating supply.
As of February 2023, out of the max supply of just over 3.4 billion, the FET total supply stands at more than 1.1 billion tokens. The circulating supply of Fetch.AI tokens is over 810 million.
If the FET price touches $100 at the current token total supply levels, it would mean the market cap of the Fetch.AI crypto exceeds $100 billion. This is a highly unrealistic valuation for a crypto project at present.
If the Fetch.AI developers implement a token-burning mechanism that can significantly bring down the FET supply, the price of Fetch.AI crypto may reach $100. But at current levels, this seems highly impossible.
What Is FET Token Used For?
FET is the native crypto asset of the Fetch.AI ecosystem and has the following applications:
Medium of Exchange
FET is the native currency to pay for services provided by agents within the Fetch.ai ecosystem. Users can pay agents using $FET crypto to access, view, and interact with the network and its various services.
Staking
Fetch.AI supports staking FET via delegators. You can stake your $FET holdings to one of more validators within the Fetch.AI network and earn passive income while contributing to its security.
Crypto Asset to Trade and HODL
Trade Fetch.AI token against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell FET against other crypto assets or hold it long-term if you believe in the future potential of the Fetch.AI project. Review the live price of Fetch.AI coin, FET market cap, circulating supply, 24-hour trading volume, and the latest crypto news before trading FET in the crypto market.
How to Stake Fetch.AI Token
Staking FET is a convenient way to grow your crypto holdings. You can do this by delegating your tokens to active validators who participate in the Fetch blockchains consensus mechanism and help secure the network, earning rewards. Heres how to stake $FET on Fetch.AI:
1. Download the Fetch Wallet browser extension and set up a new account. Fund your wallet with native FET by buying Fetch.AI on BYDFi or other supported platforms and withdrawing the tokens to your Fetch Wallet.
2. Click on the Stake button in your wallet interface to open Fetchs ledger browser. Connect your Fetch Wallet to the interface.
3. Review the list of validators available and the commission they offer. Select a validator to which you wish to stake your FET tokens and click on Stake.
4. Enter the number of $FET coins you wish to delegate to the validator of your choice in the next popup window.
5. Review the transaction summary, pick your transaction fees, and click on Approve to confirm the staking transaction.
6. Sit back, earn rewards, and grow your crypto holdings by staking FET on Fetch.AI Network.
What Can People Create With Fetch.AI?
Developers can use the Fetch.AI suite of tools to build complex dApps powered by artificial intelligence (AI). Fetchs Autonomous Economic Agents (AEAs) can help developers design dApps with high interdependencies with other dApps in the ecosystem.
To make advanced AI technology more accessible in a decentralized manner, Fetch.AIs autonomous agents run their software and interact with each other on the blockchain independently and without any user intervention.
As a result, Fetch.AIs technology can be used primarily to implement a high level of automation across a wide range of real-world applications. Use cases can vary across customer service, fintech, predicting upcoming issues in systems, and more.
Some of the existing applications on Fetch.AI illustrate the use of its platform better, such as CoLearn - a blockchain-mediated collective learning system that allows multiple stakeholders to collaborate on building a shared machine learning (ML) model; Axim - a dApp that leverages ML to deliver insights that can help improve business functions; DeFi dApp Atomix; Mobix - a solution working to provide sustainable urban mobility; and more.
