How and where to buy Fei USD coin
The Fei coin is not easy to find, because of the lack of cryptocurrency trading platforms which list it. The four exchanges propose five pairs: 0X956F.../0XC728..., 0X6B17.../0X956F..., 0X956F.../0XC02A... and other. Full details, including fees, instructions and last project news is located below.
Where to buy Fei USD
Step 1You need an account with a cryptocurrency exchange that supports Fei cryptocurrency. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Uniswap (v2) | 0.3 / 0.3 | MEDIUM | No | $1737 |
|
Uniswap V3 (Ethereum) | ?? / ?? | MEDIUM | No | $11217 |
|
Phemex | ?? / ?? | HIGH | Yes | $39765 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
Transfer or buy with P2P one of this coins: 0XA0B8..., 0XC02A..., 0XC728..., USDT or 0X956F....
Step 3Go to spot market on your exchange and type the token name in search box. Select from available trading pairs, then set order and push Buy FEI button.
Congratulations!
After pressing buy, the Fei cryptocurrency will be deposited in your account on the exchange. You need to know that just transferring your coins off cryptocurrency exchange to offline wallet such as Trezor or Ledger Nano, you help better protect your investments. Not only does this cut your risk if your crypto exchange of choice gets hacked, but if you pick a “cold,” or offline, wallet, your Fei USD crypto turn into protected assets. Only downside is generally have to pay a small withdrawal fee to move your coins from the exchange.
What is Fei USD
FEI uses a new kind of stablecoin mechanism called protocol controlled value (PCV). It is more capital-efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets. Fei Labs is the team that created FEI, a highly scalable, decentralized, and reserve-backed stablecoin that can meet DeFi’s needs without relying on centralized assets for collateral, that unlocks next-generation integration potential. Our mission is to be the stable coin of DeFi backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase, Fei v2 launches in late 2021, bringing 1:1 redeemability, TRIBE buybacks/backstop, and algorithmic PCV management: https://medium.com/fei-protocol/introducing-fei-v2-6f56afe7a1b5
Video Review
Fei Protocol: What is it?
Statistics and Externals
Concepts of hashing algorithm doesn't apply in case of Fei USD coin. The blockchain was built by developers from United States.
Price and supply
The current total supply is 86.7 millions, with a circulating supply of 15.5 millions FEI as of Apr 2024. The maximum amount of coins that will ever exist in the lifetime of the Fei USD is 15733758.
The price of Fei USD is $0.937372318491 as of 03:03 PM. The price went up on 0.992% over the past 24 hours. The recent price action left the token's market capitalization at 86.3 millions USD. In last 30 days, the Fei was raised on 0.98%.
FAQ
What exchange can I buy Fei USD?
Fei USD token can be purchased from four trading platforms. Some of them: MEXC Global, Phemex, Uniswap (v2) and Uniswap (v3).
Is Fei USD cryptocurrency a good investment?
The Fei USD token is a risky asset that has high possibility to depreciate. Due to the high volatility of all cryptocurrency market you have to consider: you can lose all of your invested funds, any cryptocurrency has a possibility price to crash to zero and unexpected changes in market can lead to sharp and sudden moves in price. But on the other hand of that it's chance to become rich by investing in crypto.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.