DEFIT
BMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of DEFIT(DEFIT) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 DEFIT at a value of 1 DEFIT for 0.08 BMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BMD information
About the Bermudan Dollar（BMD）
The Bermudan Dollar, the official currency of Bermuda, is a unique symbol of the island's rich heritage and its dynamic role in the global economy. It is commonly abbreviated as BMD and represented by the symbol $. As a British Overseas Territory located in the North Atlantic Ocean, Bermuda's currency reflects its historical ties to the United Kingdom and its modern-day economic relationships.
Historical Background
Bermuda, known for its picturesque landscapes and vibrant culture, introduced the Bermudan Dollar (BMD) in 1970. This move was part of a broader decolonization trend and the desire for a distinct national identity. The Bermudan Dollar replaced the Bermudian pound at a rate of 1:1, symbolizing a shift towards closer economic ties with the United States.
Design and Symbolism
The design of Bermudan currency is a tapestry of the island's natural beauty, culture, and history. Banknotes and coins feature iconic imagery such as the Bermuda petrel, historic ships, and landmarks like St. Peter's Church. These designs serve not just as legal tender but as ambassadors of Bermuda's rich heritage and biodiversity.
Economic Role
The Bermudan Dollar is pegged to the US Dollar at a one-to-one ratio, a policy that underscores Bermuda's close economic relationship with the United States. This peg has been crucial in maintaining economic stability, particularly for a country that relies heavily on tourism and international business, primarily insurance and reinsurance.
The Tourism and International Business Connection
Tourism is a vital part of Bermuda's economy, with the Bermudan Dollar playing a central role. The currency's parity with the US Dollar simplifies transactions for the majority of tourists, who come from the United States. Additionally, Bermuda's status as an international business hub, particularly in insurance and reinsurance, has made the Bermudan Dollar an important player in global financial transactions.
The Bermudan Dollar in Global Finance
On the international stage, the Bermudan Dollar's parity with the US Dollar ensures its stability and reliability. This stability is crucial for Bermuda's international business sector, which deals with large-scale financial transactions. The country's regulatory environment, coupled with its currency stability, makes Bermuda an attractive destination for international business and finance.
Bitget crypto-to-fiat exchange data shows that the most popular DEFIT currency pair is the DEFIT to BMD, with for DEFIT's currency code being DEFIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
DEFIT to BMD conversion rate trend
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In the past 1D, DEFIT has changed -0.11% to BMD. Based on the trend and price charts, DEFIT(DEFIT) has changed -0.11% to BMD while Bermudan Dollar(BMD) has changed % to DEFIT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.07657 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:04(UTC+0)
How to buy DEFIT
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy DEFIT (DEFIT)
Use a variety of payment options to buy DEFIT on Bitget. We'll show you how.
Buy DEFIT (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of DEFIT with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy DEFIT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DEFIT (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of DEFIT to BMD. However, you can first exchange DEFIT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of DEFIT to Bermudan Dollar?
DEFIT to Bermudan Dollar is falling this week.DEFIT's current market price is $ 0.07657 per DEFIT, with a total market cap of $ 2,278,977.68 BMD based on a circulating supply of 29,764,368 DEFIT. The trading volume of DEFIT has changed by +149.00% ($ 4,897 BMD) in the last 24 hours. Last trading day, DEFIT's trading volume was $ 3,286.64.
Market cap
$2.28M
24h volume
$8.18K
Circulating supply
29.76M DEFIT
Conversion tables
The exchange rate of DEFIT is decreasing.1 DEFIT is currently valued at $ 0.07657 BMD , which means buying 5 DEFIT will cost $ 0.3828 BMD . Similarly, $1 BMD can be traded for 13.06 DEFIT, and $50 BMD can be converted to 653.02 DEFIT, excluding any platform or gas fees.
The exchange rate of 1 DEFIT to Bermudan Dollar has changed by -17.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 0.07786 BMD and a low of 0.07537 BMD . One month ago, the value of 1 DEFIT was $ 0.1302 BMD , which represents a -41.19% change from its current value. Over the last year, DEFIT has changed by , resulting in a change of -33.97% in its value.
-$
0.03940BMDDEFIT to BMD
Amount
23:54 today
0.5 DEFIT
$0.03828
1 DEFIT
$0.07657
5 DEFIT
$0.3828
10 DEFIT
$0.7657
50 DEFIT
$3.83
100 DEFIT
$7.66
500 DEFIT
$38.28
1000 DEFIT
$76.57
BMD to DEFIT
Amount23:54 today
0.5BMD6.53 DEFIT
1BMD13.06 DEFIT
5BMD65.3 DEFIT
10BMD130.6 DEFIT
50BMD653.02 DEFIT
100BMD1,306.04 DEFIT
500BMD6,530.2 DEFIT
1000BMD13,060.4 DEFIT
Today vs. 24 hours ago
| Amount | 23:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEFIT | $0.03828 | $0.03833 | -0.11% |
| 1 DEFIT | $0.07657 | $0.07665 | -0.11% |
| 5 DEFIT | $0.3828 | $0.3833 | -0.11% |
| 10 DEFIT | $0.7657 | $0.7665 | -0.11% |
| 50 DEFIT | $3.83 | $3.83 | -0.11% |
| 100 DEFIT | $7.66 | $7.67 | -0.11% |
| 500 DEFIT | $38.28 | $38.33 | -0.11% |
| 1000 DEFIT | $76.57 | $76.65 | -0.11% |
Today vs. 1 month ago
| Amount | 23:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEFIT | $0.03828 | $0.06510 | -41.19% |
| 1 DEFIT | $0.07657 | $0.1302 | -41.19% |
| 5 DEFIT | $0.3828 | $0.6510 | -41.19% |
| 10 DEFIT | $0.7657 | $1.3 | -41.19% |
| 50 DEFIT | $3.83 | $6.51 | -41.19% |
| 100 DEFIT | $7.66 | $13.02 | -41.19% |
| 500 DEFIT | $38.28 | $65.1 | -41.19% |
| 1000 DEFIT | $76.57 | $130.2 | -41.19% |
Today vs. 1 year ago
| Amount | 23:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEFIT | $0.03828 | $0.05798 | -33.97% |
| 1 DEFIT | $0.07657 | $0.1160 | -33.97% |
| 5 DEFIT | $0.3828 | $0.5798 | -33.97% |
| 10 DEFIT | $0.7657 | $1.16 | -33.97% |
| 50 DEFIT | $3.83 | $5.8 | -33.97% |
| 100 DEFIT | $7.66 | $11.6 | -33.97% |
| 500 DEFIT | $38.28 | $57.98 | -33.97% |
| 1000 DEFIT | $76.57 | $115.96 | -33.97% |
DEFIT price prediction
What will the price of DEFIT be in 2025?
Based on DEFIT's historical price performance prediction model, the price of DEFIT is projected to reach $0.09598 in 2025.
What will the price of DEFIT be in 2030?
In 2030, the DEFIT price is expected to change by -19.00%. By the end of 2030, the DEFIT price is projected to reach $0.1891, with a cumulative ROI of +146.49%.
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Popular DEFIT conversions
Check out these popular currency conversions of DEFIT to several fiat currencies.
DEFIT to USD
1 DEFIT to $ 0.07657 USD
DEFIT to GBP
1 DEFIT to £ 0.06094 GBP
DEFIT to EUR
1 DEFIT to € 0.07341 EUR
DEFIT to KRW
1 DEFIT to ₩ 110.74 KRW
DEFIT to CAD
1 DEFIT to $ 0.1100 CAD
DEFIT to AUD
1 DEFIT to $ 0.1224 AUD
DEFIT to JPY
1 DEFIT to ¥ 11.98 JPY
DEFIT to BRL
1 DEFIT to R$ 0.4660 BRL
DEFIT to CNY
1 DEFIT to ¥ 0.5586 CNY
DEFIT to TWD
1 DEFIT to NT$ 2.5 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in DEFIT.
Hive to BMD
1 HIVE to $ 0.3436 BMD
Peanut the Squirrel to BMD
1 PNUT to $ 0.6981 BMD
Bitcoin to BMD
1 BTC to $ 95,138.19 BMD
BitTorrent [New] to BMD
1 BTT to $ 0.{5}1130 BMD
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Steem to BMD
1 STEEM to $ 0.2224 BMD
Just a chill guy to BMD
1 CHILLGUY to $ 0.1859 BMD
FTX Token to BMD
1 FTT to $ 2.94 BMD
Livepeer to BMD
1 LPT to $ 15.48 BMD
Verge to BMD
1 XVG to $ 0.01338 BMD
LUCE to BMD
1 LUCE to $ 0.08484 BMD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between DEFIT and BMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as DEFIT and BMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of DEFIT in BMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
