DDX
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 DerivaDAO(DDX) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 DDX at a value of 1 DDX for 0.04 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 DerivaDAO currency pair is the DDX to BMD, with for DerivaDAO's currency code being DDX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
DDX to BMD conversion rate trend
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In the past 1D, DerivaDAO has changed -2.83% to BMD. Based on the trend and price charts, DerivaDAO(DDX) has changed -2.83% to BMD while Bermudan Dollar(BMD) has changed % to DDX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.04168 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 16:31:12(UTC+0)
How to buy DerivaDAO
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 DerivaDAO (DDX)
Use a variety of payment options to buy DerivaDAO on Bitget. We'll show you how.
Buy DDX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of DDX with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy DDX 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 DDX (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of DDX to BMD. However, you can first exchange DDX 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 DerivaDAO to Bermudan Dollar?
DerivaDAO to Bermudan Dollar is falling this week.DerivaDAO's current market price is $ 0.04267 per DDX, with a total market cap of $ 1,113,422.34 BMD based on a circulating supply of 26,094,664 DDX. The trading volume of DerivaDAO has changed by -4.65% ($ -5.83 BMD) in the last 24 hours. Last trading day, DDX's trading volume was $ 125.41.
Market cap
$1.11M
24h volume
$119.57668832
Circulating supply
26.09M DDX
Conversion tables
The exchange rate of DerivaDAO is decreasing.1 DDX is currently valued at $ 0.04267 BMD , which means buying 5 DDX will cost $ 0.2133 BMD . Similarly, $1 BMD can be traded for 23.44 DDX, and $50 BMD can be converted to 1,171.82 DDX, excluding any platform or gas fees.
The exchange rate of 1 DDX to Bermudan Dollar has changed by -1.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.83%, reaching a high of 0.04433 BMD and a low of 0.04150 BMD . One month ago, the value of 1 DDX was $ 0.07615 BMD , which represents a -43.95% change from its current value. Over the last year, DerivaDAO has changed by , resulting in a change of -47.47% in its value.
-$
0.03859BMDDDX to BMD
Amount
19:15 today
0.5 DDX
$0.02133
1 DDX
$0.04267
5 DDX
$0.2133
10 DDX
$0.4267
50 DDX
$2.13
100 DDX
$4.27
500 DDX
$21.33
1000 DDX
$42.67
BMD to DDX
Amount19:15 today
0.5BMD11.72 DDX
1BMD23.44 DDX
5BMD117.18 DDX
10BMD234.36 DDX
50BMD1,171.82 DDX
100BMD2,343.64 DDX
500BMD11,718.22 DDX
1000BMD23,436.45 DDX
Today vs. 24 hours ago
| Amount | 19:15 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DDX | $0.02133 | $0.02196 | -2.83% |
| 1 DDX | $0.04267 | $0.04391 | -2.83% |
| 5 DDX | $0.2133 | $0.2196 | -2.83% |
| 10 DDX | $0.4267 | $0.4391 | -2.83% |
| 50 DDX | $2.13 | $2.2 | -2.83% |
| 100 DDX | $4.27 | $4.39 | -2.83% |
| 500 DDX | $21.33 | $21.96 | -2.83% |
| 1000 DDX | $42.67 | $43.91 | -2.83% |
Today vs. 1 month ago
| Amount | 19:15 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DDX | $0.02133 | $0.03807 | -43.95% |
| 1 DDX | $0.04267 | $0.07615 | -43.95% |
| 5 DDX | $0.2133 | $0.3807 | -43.95% |
| 10 DDX | $0.4267 | $0.7615 | -43.95% |
| 50 DDX | $2.13 | $3.81 | -43.95% |
| 100 DDX | $4.27 | $7.61 | -43.95% |
| 500 DDX | $21.33 | $38.07 | -43.95% |
| 1000 DDX | $42.67 | $76.15 | -43.95% |
Today vs. 1 year ago
| Amount | 19:15 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DDX | $0.02133 | $0.04063 | -47.47% |
| 1 DDX | $0.04267 | $0.08125 | -47.47% |
| 5 DDX | $0.2133 | $0.4063 | -47.47% |
| 10 DDX | $0.4267 | $0.8125 | -47.47% |
| 50 DDX | $2.13 | $4.06 | -47.47% |
| 100 DDX | $4.27 | $8.13 | -47.47% |
| 500 DDX | $21.33 | $40.63 | -47.47% |
| 1000 DDX | $42.67 | $81.25 | -47.47% |
DerivaDAO price prediction
What will the price of DDX be in 2025?
Based on DDX's historical price performance prediction model, the price of DDX is projected to reach $0.06534 in 2025.
What will the price of DDX be in 2030?
In 2030, the DDX price is expected to change by -15.00%. By the end of 2030, the DDX price is projected to reach $0.1084, with a cumulative ROI of +154.45%.
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Popular DerivaDAO conversions
Check out these popular currency conversions of DerivaDAO to several fiat currencies.
DerivaDAO to USD
1 DDX to $ 0.04267 USD
DerivaDAO to GBP
1 DDX to £ 0.03363 GBP
DerivaDAO to EUR
1 DDX to € 0.04074 EUR
DerivaDAO to KRW
1 DDX to ₩ 61.37 KRW
DerivaDAO to CAD
1 DDX to $ 0.06111 CAD
DerivaDAO to AUD
1 DDX to $ 0.06768 AUD
DerivaDAO to JPY
1 DDX to ¥ 6.57 JPY
DerivaDAO to BRL
1 DDX to R$ 0.2642 BRL
DerivaDAO to CNY
1 DDX to ¥ 0.3111 CNY
DerivaDAO to TWD
1 DDX to NT$ 1.39 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in DerivaDAO.
Bitcoin to BMD
1 BTC to $ 103,470.7 BMD
Usual to BMD
1 USUAL to $ 1.13 BMD
Hedera to BMD
1 HBAR to $ 0.3009 BMD
Dogecoin to BMD
1 DOGE to $ 0.3843 BMD
Bitget Token to BMD
1 BGB to $ 4.34 BMD
Litecoin to BMD
1 LTC to $ 116.02 BMD
Cardano to BMD
1 ADA to $ 1.04 BMD
Fantom to BMD
1 FTM to $ 1.22 BMD
Movement to BMD
1 MOVE to $ 0.6495 BMD
Ethereum to BMD
1 ETH to $ 3,849.69 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 DerivaDAO 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 DerivaDAO 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 DerivaDAO 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.
