Fida Finance - API & Developer Documentation
  • INTRODUCTION
    • 💫Transform Risk into Opportunity!
    • 🗞️Whitepaper
    • ✨Core Values
    • 🎴Founder's NFT Collection
    • 📬Contact Us
  • Usage
    • Issuing a Policy
    • Command Line Interface
      • Policy Management
      • Claims Management
  • Fida Policy
    • Policy Contract
    • Policy Life Cycle
      • Policy Initiated
      • Policy Funding
      • Policy on Risk
        • Pay Premium
        • Receive Fida Cards
        • Create a Claim
        • Finalize a Claim
      • Policy Expiration
    • Policy Discovery
  • Investors
    • Investor Contract
    • Investor Contract Life Cycle
      • Registration
      • Buy Fida Cards
      • Sell Fida Cards
      • Unlocking Collateral
      • Withdraw from premium pool
      • Close Account
    • Investor Income
      • Earning premium
      • Staking
    • Investor Discovery
  • 📡MEDIA
    • Library
  • 📚Knowledge
    • FAQ
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  1. Investors
  2. Investor Contract Life Cycle

Sell Fida Cards

Each Fida Card owned by an investor can be sold in third-party markets. The initial step is to claim the owned Fida Card. This process involves depositing collateral, reflecting the specific Fida Card, into the related Fida Policy and transferring the Fida Card to the investor's wallet. Subsequently, the investor can sell the card on any third-party marketplace at a price of their choosing.

It is the responsibility of the Fida Card buyer to verify the actual price, and we offer a dedicated endpoint to retrieve the current value of a given Fida Card.

If a Fida card is withdrawn (moved outside the Fida System), the investor is unable to collect premiums.

The first action required of the buyer of a Fida Card is to return the Fida Card to the system by redeeming it. In this scenario, the Fida Card is deposited into the purchasing investor's portfolio. From then on, the investor can collect the premium associated with this Fida Card.

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Last updated 1 year ago

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