Global cryptocurrency exchange BYDFi has released MoonX. This on-chain, non-custodial orderbook trading engine connects the liquidity and reliability of centralized exchanges (CEX) with the security of decentralized exchanges (DEX). MoonX is committed to guiding users through their Web3 trading experience seamlessly. It combines the power and experience of a CEX with the flexibility and openness of a DEX.
Established in 2020, BYDFi has gained a strong foothold in the market, successfully catering to over 1,000,000 users across 190+ countries. In 2023, it was named by Forbes as one of the Top 10 Global Crypto Exchanges. The platform is quickly gaining notoriety for its unique combination of liquidity, strategy tools, and cutting-edge security. Now, MoonX marks BYDFi’s response to the future of cryptocurrency trading, offering a simple onramp into Web3.
MoonX provides access to over 500,000 meme coins. MoonX aggregates liquidity across multiple platforms – Pump.fun, Raydium and PancakeSwap to name a few. This aggregation guarantees that users always have access to the broadest range of trading options from a single interface. With a user experience that’s more Web2 than anything, MoonX projects an inclusive Web3 approach. This unique approach opens up on-chain trading to a whole new audience.
MoonX is more than a new feature—it could shape a new standard: a scalable Web3 onboarding system that starts with a CEX front-end and runs on a DEX backend, designed for frictionless asset flow. - Michael, Co-Founder of BYDFi
Smart strategies and smart money copy trading This provides users the opportunity to take advantage of the expertise of seasoned traders and automate their trading strategies. MoonX provides the centralized and on-chain assets management in one single account framework. This arrangement makes the handling of a variety of crypto assets straightforward and user-friendly.
MoonX merges the best of both worlds—CEX performance and DEX freedom—so that anyone can participate in smart on-chain trading. Web3 shouldn’t be exclusive to experts. It should be a finance layer open to all. - Michael, Co-Founder of BYDFi
At present MoonX supports Solana and BNB Chain with plans to add other top blockchains soon. With this expansion, the platform will become even more accessible and user-friendly to users in various blockchain ecosystems.
BYDFi has recently launched MoonX as part of this thrilling new adventure. They’ve announced a partnership with Ledger to develop a co-branded hardware wallet, scheduled for launch in 2025. Our most recent collaboration has been focused on delivering users a secure, convenient and reliable storage solution that strengthens the overall security of their digital assets.
