Protect Your Bitcoin from Volatility with Stable Balance

Bitcoin's price can swing dramatically in a single day. While this volatility creates opportunities for some, it can be stressful if you're planning to use your bitcoin for everyday expenses or want to preserve its value in familiar terms like dollars, euros, or your local currency.

That's where Stable Balance comes in. This Fedi feature lets you lock in the fiat value of your bitcoin at the time of deposit, protecting you from price swings while keeping your funds liquid and ready to use.

What is Stable Balance?

Stable Balance allows you to move bitcoin from your main Bitcoin Balance into a separate balance that maintains a fixed fiat value. Here's how it works:

When you deposit bitcoin into Stable Balance, the app locks in its fiat value at that moment. As bitcoin's price moves, the amount of bitcoin in your Stable Balance automatically adjusts to maintain that same fiat value. 

How to Deposit Funds into Stable Balance

Moving bitcoin into Stable Balance is simple and takes just a few taps:

Step 1: Open the Fedi app and click on the wallet icon at the bottom of the screen. You'll see both your Bitcoin Balance and your Stable Balance displayed. Tap on your Stable Balance section.

Step 2: Tap the "Move" button. Enter the amount you want to move from your Bitcoin Balance to your Stable Balance and confirm the transaction. 

Your funds will typically appear in your Stable Balance within 10 minutes. This brief delay happens because the contract between you and the liquidity provider renews every 10 minutes.

How to Withdraw Funds from Stable Balance

When you're ready to use your funds, withdrawing from Stable Balance back to your main Bitcoin Balance is just as easy:

Step 1:  Open the Fedi app and click on the wallet icon at the bottom of the screen. You'll see both your Bitcoin Balance and your Stable Balance displayed. Tap on your Stable Balance section.

Step 2: Tap the "Move" button, then tap the "Withdraw" tab. Enter the amount you want to withdraw. Review the withdrawal details. There are no fees for withdrawals from Stable Balance. Next, tap "Okay" to complete the withdrawal.

Your bitcoin will move back to your main Bitcoin Balance within 10 minutes, and you can then spend it, send it, or save it as you choose.

Things to Know About Stable Balance

No Lock-up Periods
Your funds aren't locked away. While deposits and withdrawals can take up to 10 minutes to process due to the contract renewal cycle, your Stable Balance is fully liquid. You can move funds in and out whenever you need to.

Transparent Pricing
The bitcoin price for Stable Balance is determined by reliable price feeds, ensuring fair and accurate conversions. All applicable fees are clearly displayed in the Fedi app before you confirm any transaction.

Deposit Limits
Each federation sets its own limits on how much you can deposit into Stable Balance. Check your federation's details in the app to see what limits apply to you.

Annual Fees
The stability provider may charge a yearly fee for supplying the liquidity that makes Stable Balance possible. This fee is shown as a percentage of your locked amount, and a small portion is deducted during each contract cycle. The total you'll pay over a year will never exceed the displayed percentage.

Start Using Stable Balance Today

Bitcoin's volatility doesn't have to be a barrier to using it for everyday life. With Stable Balance, you get the best of both worlds: the freedom and sovereignty of bitcoin, with the predictability of stable fiat value.

Whether you're setting aside money for upcoming expenses, receiving remittances, or simply want peace of mind, Stable Balance gives you control over how you experience bitcoin's price movements.

Download the Fedi app and try Stable Balance today.