Crypto trading has evolved rapidly over the last few years with the market projected to to reach US$1.8 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030.
Several factors, including increasing institutional and retail investor interest, technological advancements in blockchain networks, and the growing acceptance of digital currencies by major companies and governments are driving the growth, according to reports.
The expansion of DeFi applications is also fueling growth, as they provide alternative financial services that operate outside traditional banking systems. Additionally, the increased focus on financial inclusion in developing economies, where cryptocurrencies offer an accessible alternative to conventional banking services, is driving adoption and platforms like BYDFi are at the forefront of this revolution.
Since launching in 2020, BYDFi has been offering professional, innovative, and user-friendly trading solutions for investors across different markets. With a wide range of trading options—including spot trading, perpetual contracts, grid trading, and copy trading—BYDFi says it is designed to accommodate both beginners and seasoned traders.
Understanding BYDFi
BYDFi, formerly known as BitYard, is a Secure and Cost-Effective Crypto Exchange that allows traders, p and investors to interact seamlessly. The company rebranded to BYDFi in 2023 to reflect its mission—”BUIDL Your Dream Finance.” The term “BUIDL” is a popular crypto community slang that emphasizes active participation in shaping the future of finance. With security, autonomy, and accessibility at its core, BYDFi says it empowers users to take control of their financial future.
BYDFi offers a wide range of trading options and supports over 600 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB). The platform offers multiple trading options including, Spot Trading, Perpetual Contracts, Copy Trading, Automated Trading and Spot Investment to enhance trading efficiency.
Unlike many crypto exchange platforms, BYDFi offers a clear and competitive fee structure with no hidden costs. Traders can track fees, profits, and transaction records in real time. The platform also includes advanced trading tools such as candlestick charts, real-time order books, and multi-indicator support.
BYDFi compared to other spot exchanges:
The platform makes crypto trading accessible by supporting multiple payment methods, including Credit & Debit Cards, Bank Transfers, Third-Party Providers (Apple Pay, Google Pay, Banxa, Transak, Mercuryo) and also Supports Over 100 Fiat Currencies
Unlike many exchanges that require extensive verification, BYDFi allows users to trade without mandatory KYC. Unverified users can withdraw up to 1.5 BTC daily, while verified users have a higher limit of 6 BTC per day.
Why BYDFi?
- Easy Entry – Users can trade with as little as $10.
- Demo Trading – Practice with 100k USDT in virtual funds.
- High Leverage – Access 200x leverage, surpassing most exchanges.
- Innovative Features – Advanced trading tools, automated trading, and copy trading.
- Generous Welcome Bonus – New users can earn up to 8,100 USDT in rewards.
BYDFi compared to other derivatives exchanges:
How to Get Started on BYDFi
- Create Your Account
- Visit the BYDFi website.
- Click on the “Sign Up” button and fill in the required information to create your account.
- Verify your email address to complete the registration process.
- Set Up Two-Factor Authentication (2FA)
- Log in to your new account.
- Navigate to the security settings and enable Two-Factor Authentication (2FA) for added security.
- Obtain crypto assets
- Connect your credit or debit card to your account, specify the amount you wish to purchase, and wait for the transaction to complete. Visit BYDFi’s Third-Party Payment page to explore the payment methods available in your region.
- Alternatively, you can transfer crypto assets from other wallets or exchanges to your BYDFi account. Be sure to select the correct blockchain network, as deposits sent to an incorrect address are irreversible.
- Start Earning Through Crypto Trading
- Once you have obtained crypto assets, you can start trading. Choose your preferred asset and explore various trading options on BYDFi. Our platform supports Spot Trading, Futures Trading, Leveraged Tokens, and Trading Bots, with copy trading feature.
BYDFi is a dynamic ecosystem designed for modern crypto investors. Whether you’re a beginner looking for a user-friendly exchange or an advanced trader seeking high-leverage opportunities, the platform provides the tools and security needed to start your crypto trading journey. BYDFi has been recognized by Forbes as one of the top ten best cryptocurrency exchanges in 2023.
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