BYDFi is a leading crypto exchange with more than one million users worldwide. It’s particularly known for its strong security measures and the full range of advanced trading tools available. BYDFi is registered as a money services business (MSB) in the United States and Canada. It offers the fast performance and reliability of a centralized exchange with the security and transparency normally found only in decentralized finance (DeFi). The platform is incredibly versatile, making nearly any type of trade imaginable easy to execute. You’ll be able to access all spot markets, derivatives, and our revolutionary MoonX Web3 feature from a single dashboard. To further protect user safety, BYDFi uses cold wallet storage with multi-signature access control. They maintain fund segregation and issue frequent proof-of-reserves (PoR) updates, further establishing them as a trusted platform in the crypto space.
Robust Security Measures
Security is one of the top priorities for cryptocurrency traders, and BYDFi has taken significant steps to safeguard user assets. The exchange uses cold wallet storage, meaning that the overwhelming majority of their funds are stored offline and out of reach from would be cyber attackers. Multi-signature access controls provide an added layer of security by requiring multiple approvals for transactions, making it difficult for anyone to gain unauthorized access.
BYDFi further segregates funds between company and customer accounts, protecting users by guaranteeing their assets are not used to fund operations. Tether With regular proof-of-reserves (PoR) updates, regular transparency lets users track and verify the exchange’s solvency. For users looking for a hardware-based custody solution, BYDFi supports Ledger wallet integration, allowing users to keep more control of their private keys.
These multilayered security protocols reflect BYDFi’s dedication to protecting user assets, and establishing trust and transparency within the cryptocurrency ecosystem. Here’s how By prioritizing security, BYDFi aims to provide a safe and reliable platform for traders of all levels.
Comprehensive Trading Features
BYDFi provides a beginner-friendly yet comprehensive trading experience with various unique trading features to serve the retail trader’s needs. The platform combines the speed and liquidity of a centralized exchange with the robust trading tools of decentralized finance. Together, these powerful features give users a dynamic, all-purpose trading experience. Users can quickly navigate through spot markets, derivatives, and MoonX through one centralized dashboard, simplifying the trading process.
One of the most remarkable features of BYDFi is copy trading. This innovative new advancement in fintech allows users to mimic the approach of the best traders on the platform. This functionality is especially valuable for new traders, as they’re able to gain insights from more seasoned investors. For traders, BYDFi provides an exhilarating variety of more than 700 spot pairs. Moreover, they offer over 400 perpetual contracts, offering numerous opportunities for portfolio diversification.
In 2025, BYDFi released MoonX, a Web3 ecosystem designed for decentralized token trading. MoonX provides access to over 500,000 different on-chain tokens. You’ll be able to exchange across Solana, BNB Chain, and other supported blockchains, significantly widening your trading horizons. With its extensive trading functionality, BYDFi is positioning itself as a one-stop-shop for cryptocurrency traders.
Transparent Fee Structure and User Experience
At BYDFi, we’re dedicated to delivering a transparent and extremely user-friendly trading experience. The platform features low, transparent fees. Spot trading fees are only 0.1 percent – for both makers and takers! With our new transparent fee structure, it’s easier than ever for users to calculate the costs that come with their trades.
BYDFi takes a mobile-first approach, though a desktop experience full of features is at your disposal. The mobile app is powerful, customizable, and user-friendly, so casual traders have the ability to make trades whenever and wherever they want. The desktop platform offers a more robust trading environment, with enhanced charting capabilities and a variety of order types.
The platform is now used by over 1 million users from around the world, showing its increasing popularity and adoption within the crypto community. BYDFi’s focus on transparency, user experience and security has quickly led it to amass a large, loyal user base.
