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Open your High Fidelity bank account

Securely earn, manage, and spend HFC. Become a part of the High Fidelity economy.
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Step 1

Sign Up + Download

To get started, create your free account, download High Fidelity, and launch the application.

Open your High Fidelity bank account

Securely earn, manage, and spend HFC. Become a part of the High Fidelity economy.
3D virtual bank found in High Fidelity's domain TheSpot
Step 2

Visit the Bank

Get an initial grant of High Fidelity Coin free by visiting the bank during banking hours or make an appointment. Your account balance can be found in your "inventory." 

Daily Bank Hours (Pacific Time):

  • 9am - 11:45am
  • 4pm - 5pm

Closed on Saturdays and Sundays

Open your High Fidelity bank account

Securely earn, manage, and spend HFC. Become a part of the High Fidelity economy.
3D avatar of a young African woman standing in a desert festival environment in High Fidelity VR
Step 3

Buy (or Sell) on the Marketplace

You can spend and/or make money on the Marketplace. You can also give and receive money from other users. You can also exchange HFC for real, fiat currencies, like the US$.

Buy virtual goods

Support other users in our interactive marketplace, where you can purchase entities and supplies for your avatar and your world. 

Go to Marketplace

Earn Money

Upload your creations to the Marketplace and start making HFC from other users.

Learn more

Frequently
asked
questions

 

What is High Fidelity Coin (HFC)?

High Fidelity Coin (HFC) isn’t like other coins. The Bank of High Fidelity manages the number of coins and we gradually increase the number of coins in circulation as the economy grows. HFC cannot be mined by users like Bitcoin or Ethereum, which makes it a stable cryptocurrency, where 100 HFC is equal to 1 USD.

HFC makes it possible for you to tie the exchange of digital goods to the blockchain, powering a global virtual economy.

Why is HFC a stablecoin?

Speculation in High Fidelity Coin as a cryptocurrency would be counter to our goal of creating a thriving economy in High Fidelity. If the real world value of HFC changed unexpectedly for non-economic reasons, the potential rewards for creators and those working in High Fidelity would become unpredictable, discouraging users to hold and trade with the currency. We want people to know they can cash out their HFC at any time for a fixed real-world value.

Can I trade HFC for USD?

Right now, yes. Our goal is to always have an easy way for creators to retrieve the money they’ve earned. We’re working now to expand the options to make it easy for creators to be paid. Online payment and similar services will be a part of our business as we grow. As we get bigger, however, we’re going to have to ensure that we’re using these services as intended and abiding by their terms of service.

To trade HFC for USD, a PayPal account is currently required. Please have your PayPal account email ready to give to the Banker during your bank appointment.

Who can trade HFC and ETH?

All High Fidelity users will be able to trade ETH for HFC. An ETH wallet will be required.

Please note it is not possible to trade HFC for ETH.

What is the HFC to ETH exchange rate?

HFC is pegged to the US Dollar. US $1 = HFC 100. Since the value of ETH floats against the Dollar, the value of High Fidelity Coin floats against Ethereum in turn.

Does the value of HFC ever fluctuate?
No .  HFC is a “stablecoin” so we will be adjusting the money supply to keep the exchange rate constant. The rate is fixed at 100 HFC = 1 USD.
What if I want to cash out my HFC?
  • Users must book an appointment at the Bank of High Fidelity to withdraw HFC by converting to US Dollars (USD). The transaction will go through PayPal.
  • High Fidelity staff will accept and confirm the time slot. When the user's appointment time arrives, they will be whitelisted to visit the TradingRoom domain based on the provided High Fidelity account name.
  • For HFC cashouts, a PayPal account is currently required. Please have your PayPal account email ready to give to the Banker for these transactions.
  • The minimum amount of HFC a user must cash out per transaction is 2,500 HFC ($25 USD).
  • Users must be running High Fidelity from our website or Steam. Cashing out while running the platform from Oculus is not possible.
  • USD will be paid to the email account specified via the appointment booking form. Time to payment receipt will be based on PayPal rules and guidelines.
How much HFC can I cash out at once?

The maximum amount a user can cash out is 200,000 HFC ($2,000 USD) per calendar month.

The minimum amount a user can cash out per bank appointment is 2,500 HFC ($25 USD).

How do I make a bank appointment?

Book a bank appointment here. High Fidelity staff will accept and confirm the time slot. When the user's appointment time arrives, they will be whitelisted to visit the TradingRoom domain based on the provided High Fidelity account name.

Be sure to log in to the High Fidelity account with the username you supplied when booking your appointment. Only that account will be allowed into TradingRoom for your appointment.

Where do I go for my bank appointment?
Appointments take place in High Fidelity, in the space called TradingRoom. In High Fidelity, use the GoTo button and type "TradingRoom" (without quotes) in the search and then hit the Enter key.
 
Note that because the space is not public, GoTo search will not display a preview image for the room. That is normal!
 

Please make sure your computer meets High Fidelity's minimum requirements, and that you are running the latest version of High Fidelity either from our website or Steam.

Users cannot cash out while running High Fidelity from Oculus.

What if I can't access TradingRoom during my appointment time?

If TradingRoom is inaccessible for some reason during the time of your appointment, please reply to your appointment email to contact Support.

This should be done quickly to ensure you are able to enter and meet with the banker during your appointment.

What can I do at a bank appointment?

Once at a bank appointment, users can:

  • Trade High Fidelity Coin (HFC) for US Dollars (USD) with PayPal.
    • A PayPal account is currently required. Please have your PayPal account email ready to give to the Banker for these transactions.
  • Trade Ethereum (ETH) for HFC with an ETH wallet.
  • Buy a Place Name for 2000 HFC.
  • Buy a $50 DigitalOcean credit for 5000 HFC.
Something happened with my transaction. What now?
You may send inquiries about the trade process and the status of any transaction to support@highfidelity.com.
How do I receive payment for Marketplace items?
When logged in on the High Fidelity Interface, users will see HFC payments in the "Recent Activity" tab of their Inventory.
How do I set up a new place name?

You will need to have a High Fidelity account to purchase a Place Name. Place Names are US $20/year, and you need to renew the purchase every year to continue using it.

  1. Go to Places to purchase a Place Name. If you're not logged in, you will be prompted to do so.
  2. Click 'Create a Place Name'.
  3. Type in your new Place Name. Place Names must be 4-64 characters in length. Letters, numbers and hyphens are allowed. You can use a Place Name that is currently not purchased.
  4. Click 'Checkout Now'.
  5. You can complete the transaction with HFC, credit card number, PayPal account, or a coupon code.

See docs for more information.

Don't see an answer to your question here?
Email support@highfidelity.com and our team can help you.

Cash Out Via Bank

Securely deposit or cash out funds without any hassle or risk.

Make Bank Appointment

Transactions Through PayPal

We use PayPal to provide another layer of security for our users. 

 

Excellent Customer Support

If you need guidance or run into any issues with depositing HFC, you can get support from our team

Email support

Free HFC

For a limited time, you can get $10 USD of HFC.

Talk With a Banker

The standard for VR banks

 

Invest + Grow Your Virtual Reality

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