Bonfida – Bridging The Gap Between Solana, Serum, And User

Bonfida – A Platform For Exchanging Cryptocurrency In A Decentralised Manner

Bonfida is a company that is built upon the Serum protocol, which enables the investors of cryptocurrency to trade their assets, making it non-custodial. It is a known fact that the business model of Bonfida is entirely based on truth. This blockchain domains provider is also a terrific platform for beginners to learn and professionally trade crypto.

Significant Features of Bonfida

Some of the most significant features of Bonfida are in their services, and they are

Harping On Solana’s Potential

As it is known that the Solana network boasts of a fast execution speed with cost-effective fees, but in spite of all these benefits, they do not seem reliable to many, and that is when Bonfida comes into the picture. Like in some crypto domain providers, Bonfida allows its users to access a decentralized exchange and harps on the potential of Solana.

Platform With A Backend Structure

Bonfida is known to be powered by the Solana blockchain, which they use for reducing the gap between Serum, Solana, and the user base trading on the Serum decentralized exchange (DEX). The significant feature of Bonfida is that it is a platform with a backend structure, storing every transaction occurring on the Serum on-chain.

Makers Of An NFT E-Commerce Store

One of the lesser-known facts is that Bonfida is also the maker of an NFT E-Commerce store, allowing users to buy high-end collectibles on-chain like NFT domains service providers. The company is one of the biggest names of the cryptocurrency industry that also provides name services for blockchain domains.

Alternatives to Bonfida

As the significant features of Bonfida have been discussed, there are two other platforms where users can find similar services, and they are NameStudio and 101domain.