In November 2024, the platform officially joined the South Korea CODE VASP alliance, laying the foundation for future regulatory compliance in the Korean market before completing another comprehensive upgrade of the perpetual contract system. This upgrade introduced new positions allowed even without unrealised profits, bidirectional long/short position support for hedging and shared account funds under full margin mode to reduce liquidation risks
In February 2025, BYDFi entered into a strategic partnership with hardware wallet manufacturer Ledger, jointly launching the BYDFi co-branded wallet to further strengthen the platform's user asset security system.
In April the same year, it officially launched BYDFi MoonX, a Web3 on-chain trading tool designed for the booming Memecoin market. Supporting both the Solana and BNB Chain ecosystems, MoonX marks a strategic upgrade for BYDFi-ushering in the CEX+DEX dual-engine era, combining centralized efficiency with decentralized freedom.
BYDFi not only holds dual MSB licenses in the US and Canada but is also a member of South Korea's CODE VASP Alliance. [https://www.codevasp.com/page-alliances]
The users' digital currencies held at BYDFi are stored offline in cold storage wallets, with multiple people required to authorize transactions. Withdrawals are restricted to a whitelist to prevent unauthorized transfers to any address not approved by BYDFi.
Key Highlights
BYDFi offers spot trading for over 900 cryptocurrencies with flexible leverage trading ranging from 1x to 200x
It has multiple payment options supported, including credit cards, debit cards, bank transfers, and third-party payment providers such as Apple Pay, Google Pay, Banxa, Transak, and Mercuryo
Key features include spot trading, perpetual futures, automated trading tools (such as Spot Investment, Martingale, Grid Trading, Copy Trading), and Demo Trading.
BYDFi uses top-tier security measures such as offline deep cold wallet storage, multi-signature technology, high-performance trading engine architecture, and AWS cloud services.
Welcome Reward
BYDFi strives to make cryptocurrency trading accessible to everyone by offering a generous New User Welcome Package worth 8,100 USDT. This reward is easily earned by signing up and completing a few straightforward tasks. These tasks are simple and help users get familiar with the platform while earning rewards at the same time.
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