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Fiamma Review: Is It a Bitcoin Bridge or RIDE?

Fiamma is listed as a Bitcoin bridge, but its homepage promotes RIDE, a leveraged social-trading app. The mismatch leaves too little to assess either product safely.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Fiamma key facts

Fiamma key facts
Listed typeBitcoin bridge
Bridge assetFIABTC, described as 1:1 pegged BTC
Homepage productRIDE social-trading app
RIDE custodyHomepage describes a custodial wallet
ChainsBitcoin
TokenFIABTC
Audits2 audits listed
Updated

Fiamma FAQs

What is Fiamma?

Fiamma is described as a Bitcoin bridge for a 1:1 pegged wrapped BTC asset called FIABTC. However, its homepage currently promotes RIDE, a separate social-trading app, so the products and their relationship need clarification.

Is Fiamma a crypto bridge or a trading app?

RIDE advertises social trading across crypto, stocks, prediction markets, commodities and ETFs, with leverage up to 40x. Its homepage says Fiamma Technology operates it and describes the wallet as custodial.

Is Fiamma safe to use?

No bridge fees, supported destination chains, withdrawal process or detailed security model are established here. Confirm the official product, costs and custody arrangements before connecting a wallet or depositing funds.

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How we checked

Sources

  1. defillama.com/protocol/fiamma(opens in a new tab)

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