The XMR to FDUSD (Monero to First Digital USD) swap process on our instant crypto exchange platform is as easy as 1-2-3:
That's it! If you need more details, in our article below we have covered various aspects of swapping XMR to FDUSD, as well some information about both cryptocurrencies and a more detailed step-by-step guide.
Using an instant crypto exchange to swap XMR to FDUSD has several benefits. The most important of them are listed below.
Typically, after you send your Monero deposit, you get your First Digital USD just in a matter of minutes.
You don't have to create an account or share any personal information to swap XMR to FDUSD on an instant crypto exchange.
Low minimum requirements to exchange XMR to FDUSD, typically between 2 and 5 USD in equivalent. And there is no upper limit at all.
Minimized number of clicks and other actions needed to complete your crypto swap, compared to exchanges where it is mandatory to create an account, provide personal information, log in every time etc.
Cryptocurrency is a modern type of digital money which is made using mathematical operations and encryption. There is plenty of such currencies in the world and new ones appear every day. Monero and First Digital USD, among many others, are cryptocurrencies that are in stable demand nowadays.
As most other cryptocurrencies, both XMR and FDUSD have the following common benefits:
The necessity to compare Monero to First Digital USD before swapping and the advised level of analysis depth depend on the primary purpose of your intended XMR to FDUSD swap and the amount you are planning to exchange.
If you are going to convert a certain amount of your XMR to FDUSD just because you need some First Digital USD for your further operations, or the amount of your swap transaction is relatively small, you probably don't need to perform any analysis or XMR to FDUSD comparison before proceeding with your Monero to First Digital USD swap.
If your primary intent of swapping XMR to FDUSD is to make money out of short-term XMR/FDUSD pair price movement, you may wish to perform technical analysis of the pair, i. e. scrutinize short-term price charts, find out whether there is a clear trend or not, examine technical indicators, current price momentum, compare Monero and First Digital USD daily trading volumes and possibly some additional factors to make the right decision.
If the primary aim of your swap is a long-term investment and the amount you are planning to invest is significant, you may wish to perform in-depth fundamental analysis of both involved cryptocurrencies:
In this more detailed tutorial, we will show you how to swap XMR to FDUSD in a few simple steps, quickly, without KYC and sign-up.
When you swap XMR to FDUSD on our platform, you can be sure you get the best available exchange rate. After you choose the cryptocurrencies to exchange and enter the amount, our system retrieves rates from several crypto liquidity providers and selects the best exchange rate for you automatically.
Yes, this cryptocurrency pair is available on SwapNow as well.
We sincerely hope that information provided in this article can help you analyze all pros and cons and make a thoughtful decision regarding your planned XMR to FDUSD swap.