How to Buy Fathom Dollar Crypto (FXD)

What is Fathom Dollar (FXD)?

According to Coingecko, Fathom Dollar is : FXD is an XDC Network-based stablecoin, representing a stable-price cryptocurrency issued and developed by Fathom DAO, a decentralized autonomous organization. The value of FXD is softly pegged to the U.S. dollar and is supported by an over-collateralized XDC Token, which is securely held in smart-contract vaults during the creation of new FXD tokens. One of the primary objectives of FXD is to address the existing gap in trade finance by offering direct access to alternative investors for micro, small, and medium-sized enterprises (MSMEs). Through platforms like portal.tradefinex.org and fathom.fi, Leveraging the fast, scalable, and secure infrastructure of the XDC Network, FXD provides Stable options to MSMEs with a more accessible and cost-effective means to access the necessary capital for business growth. This initiative contributes to economic expansion and job creation, empowering MSMEs to thrive in the global marketplace.

Where can I buy FXD Crypto?

The best website to buy Fathom Dollar is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Fathom Dollar on Simpleswap

To buy Fathom Dollar on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select FXD, just like in this example:

Once you selected the currency you want to pay in, and FXD, you need to paste your respective wallet address where you want to receive your FXD.

With Simpleswap, you'll receive your Fathom Dollar directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.