PSP
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 ParaSwap(PSP) to Bermudan Dollar(BMD). This is the real-time data. The current conversion shows 1 PSP at a value of 1 PSP for 0.02 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 ParaSwap currency pair is the PSP to BMD, with for ParaSwap's currency code being PSP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BMD.
PSP to BMD conversion rate trend
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In the past 1D, ParaSwap has changed -1.46% to BMD. Based on the trend and price charts, ParaSwap(PSP) has changed -1.46% to BMD while Bermudan Dollar(BMD) has changed % to PSP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.02356 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | $0.02352 | 0.1000% / 0.1000% | Yes |
Bybit | $0.02280 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/11 01:00:18(UTC+0)
How to buy ParaSwap
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 ParaSwap (PSP)
Use a variety of payment options to buy ParaSwap on Bitget. We'll show you how.
Buy PSP (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading does not currently support direct buying of PSP with BMD. However, you can buy USDT in Bitget P2P trading first, and then buy PSP 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 PSP (or USDT) for BMD (Bermudan Dollar) offers
Bitget P2P trading currently does not support direct selling of PSP to BMD. However, you can first exchange PSP 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 |
|---|
No matching ads found.
What factors influence the conversion rate of ParaSwap to Bermudan Dollar?
ParaSwap to Bermudan Dollar is falling this week.ParaSwap's current market price is $ 0.02353 per PSP, with a total market cap of $ 17,529,882.72 BMD based on a circulating supply of 744,976,900 PSP. The trading volume of ParaSwap has changed by -29.38% ($ -30,912.57 BMD) in the last 24 hours. Last trading day, PSP's trading volume was $ 105,223.19.
Market cap
$17.53M
24h volume
$74.31K
Circulating supply
744.98M PSP
Conversion tables
The exchange rate of ParaSwap is increasing.1 PSP is currently valued at $ 0.02353 BMD , which means buying 5 PSP will cost $ 0.1177 BMD . Similarly, $1 BMD can be traded for 42.5 PSP, and $50 BMD can be converted to 2,124.88 PSP, excluding any platform or gas fees.
The exchange rate of 1 PSP to Bermudan Dollar has changed by -14.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.46%, reaching a high of 0.02387 BMD and a low of 0.02302 BMD . One month ago, the value of 1 PSP was $ 0.01870 BMD , which represents a +25.84% change from its current value. Over the last year, ParaSwap has changed by , resulting in a change of -45.24% in its value.
-$
0.01944BMDPSP to BMD
Amount
13:58 today
0.5 PSP
$0.01177
1 PSP
$0.02353
5 PSP
$0.1177
10 PSP
$0.2353
50 PSP
$1.18
100 PSP
$2.35
500 PSP
$11.77
1000 PSP
$23.53
BMD to PSP
Amount13:58 today
0.5BMD21.25 PSP
1BMD42.5 PSP
5BMD212.49 PSP
10BMD424.98 PSP
50BMD2,124.88 PSP
100BMD4,249.75 PSP
500BMD21,248.77 PSP
1000BMD42,497.54 PSP
Today vs. 24 hours ago
| Amount | 13:58 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PSP | $0.01177 | $0.01194 | -1.46% |
| 1 PSP | $0.02353 | $0.02388 | -1.46% |
| 5 PSP | $0.1177 | $0.1194 | -1.46% |
| 10 PSP | $0.2353 | $0.2388 | -1.46% |
| 50 PSP | $1.18 | $1.19 | -1.46% |
| 100 PSP | $2.35 | $2.39 | -1.46% |
| 500 PSP | $11.77 | $11.94 | -1.46% |
| 1000 PSP | $23.53 | $23.88 | -1.46% |
Today vs. 1 month ago
| Amount | 13:58 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PSP | $0.01177 | $0.009350 | +25.84% |
| 1 PSP | $0.02353 | $0.01870 | +25.84% |
| 5 PSP | $0.1177 | $0.09350 | +25.84% |
| 10 PSP | $0.2353 | $0.1870 | +25.84% |
| 50 PSP | $1.18 | $0.9350 | +25.84% |
| 100 PSP | $2.35 | $1.87 | +25.84% |
| 500 PSP | $11.77 | $9.35 | +25.84% |
| 1000 PSP | $23.53 | $18.7 | +25.84% |
Today vs. 1 year ago
| Amount | 13:58 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PSP | $0.01177 | $0.02148 | -45.24% |
| 1 PSP | $0.02353 | $0.04297 | -45.24% |
| 5 PSP | $0.1177 | $0.2148 | -45.24% |
| 10 PSP | $0.2353 | $0.4297 | -45.24% |
| 50 PSP | $1.18 | $2.15 | -45.24% |
| 100 PSP | $2.35 | $4.3 | -45.24% |
| 500 PSP | $11.77 | $21.48 | -45.24% |
| 1000 PSP | $23.53 | $42.97 | -45.24% |
ParaSwap price prediction
What will the price of PSP be in 2025?
Based on PSP's historical price performance prediction model, the price of PSP is projected to reach $0.03143 in 2025.
What will the price of PSP be in 2030?
In 2030, the PSP price is expected to change by -13.00%. By the end of 2030, the PSP price is projected to reach $0.05408, with a cumulative ROI of +127.93%.
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Popular ParaSwap conversions
Check out these popular currency conversions of ParaSwap to several fiat currencies.
ParaSwap to USD
1 PSP to $ 0.02353 USD
ParaSwap to GBP
1 PSP to £ 0.01878 GBP
ParaSwap to EUR
1 PSP to € 0.02264 EUR
ParaSwap to KRW
1 PSP to ₩ 34.2 KRW
ParaSwap to CAD
1 PSP to $ 0.03392 CAD
ParaSwap to AUD
1 PSP to $ 0.03774 AUD
ParaSwap to JPY
1 PSP to ¥ 3.7 JPY
ParaSwap to BRL
1 PSP to R$ 0.1446 BRL
ParaSwap to CNY
1 PSP to ¥ 0.1718 CNY
ParaSwap to TWD
1 PSP to NT$ 0.7691 TWD
Popular cryptocurrencies to BMD
Explore other cryptocurrencies based on your interest in ParaSwap.
Bitcoin to BMD
1 BTC to $ 94,980.4 BMD
Ethereum to BMD
1 ETH to $ 3,312.82 BMD
Aave to BMD
1 AAVE to $ 335.17 BMD
Verge to BMD
1 XVG to $ 0.01230 BMD
QuarkChain to BMD
1 QKC to $ 0.01225 BMD
Frax Share to BMD
1 FXS to $ 3.19 BMD
Steem to BMD
1 STEEM to $ 0.2548 BMD
Algorand to BMD
1 ALGO to $ 0.3552 BMD
Curve DAO Token to BMD
1 CRV to $ 0.8626 BMD
XRP to BMD
1 XRP to $ 2.18 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 ParaSwap 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 ParaSwap 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 ParaSwap 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.
