How to buy First Digital USD (FDUSD)

How to buy and use First Digital USD (FDUSD)

First Digital USD (FDUSD) is a stablecoin issued by First Digital Limited. Launched on May 29, 2023, it is designed to maintain a 1:1 peg with the US dollar. This allows users to hold a digital asset that minimizes exposure to the price swings common in the broader cryptocurrency market.

Users typically use FDUSD for remittances, trading pairs on exchanges, or within decentralized finance (DeFi) platforms. To use FDUSD, you can acquire it through a centralized exchange or a decentralized protocol and then move it to a compatible wallet for self-custody.

Where FDUSD is available

FDUSD is traded on several centralized exchanges. Verified routes include:

• Binance
• Gate
• MEXC (0 trading fees)
• WEEX (0 trading fees)
• Hotcoin
• BVOX
• Toobit
• XT.COM
• Biconomy.com
• BingX
• Binance TR
• Bitunix
• Binance TH
• Tokocrypto

For those using decentralized exchanges, FDUSD is available on the BNB Smart Chain (BSC) via:

• PancakeSwap
• Unchain-X

Network and redemption caveats

FDUSD operates across multiple blockchain networks. You must verify the correct network and contract address before initiating any transfer to avoid loss of funds.

Verified contract addresses include:

• Ethereum: 0xc5f0f7b66764F6ec8C8Dff7BA683102295E16409
• BNB Smart Chain (BEP20): 0xc5f0f7b66764F6ec8C8Dff7BA683102295E16409
• Solana: 9zNQRsGLjNKwCUU5Gq5LR8beUCPzQMVMqKAi3SSZh54u
• Arbitrum: 0x93C9932E4afa59201F0B5E63f7d816516F1669fE
• TON: EQD0Evpk4timFOHmy4Sv3l_KEUXlM-dN1_KhroTCfB2wkO89
• Sui Network: 0xf16e6b723f242ec745dfd7634ad072c42d5c1d9ac9d62a39c381303eaa57693a::fdusd::FDUSD

Deposit and withdrawal support is not verified for all listed exchanges. You should check the specific exchange's current capabilities before depositing.

Custody, depeg, and issuer risks

Holding FDUSD involves risks associated with the issuer and the nature of stablecoins. Because it is issued by First Digital Limited, the value of the token depends on the issuer's ability to maintain the 1:1 peg with the US dollar.

A depeg occurs if the market price of FDUSD deviates from $1.00. This can happen due to liquidity crises, regulatory actions, or loss of confidence in the issuer's reserves.

Common mistakes to avoid:

• Using a lookalike contract address. Always verify addresses via the official website or official explorer.
• Sending FDUSD over a network not supported by the receiving wallet or exchange.
• Assuming that all exchanges support the same networks for deposits and withdrawals.

For long-term holding, consider using a hardware wallet to maintain control of your private keys.

Sources and methodology

The routes listed in this guide come exclusively from verified market-pair rows in our database. We use web research and news data to provide background on the project and identify potential risks. Information from CoinMarketCap pages is treated as low-confidence context and is not used as proof of liquidity, fees, or contract safety. Live market values, such as current price and 24h volume, are omitted because they change too frequently to remain accurate in a static guide.