Cryptocurrency, when introduced, was in a vulnerable position, with the majority thinking it would never take off, but it didn’t just take off; its success and value have skyrocketed. Those who invested in crypto during its initial and developing stages have now become millionaires. The craze surrounding cryptocurrency is only rising, considering how it has been reaching new heights every day.
With the launch of Bitcoin in 2009, cryptocurrency entered the market, and it was followed with other currencies like Ethereum, Litecoin, Ripple, Dogecoin, and others. However, being in the market for more than 15 years, there are people who still don’t understand how maths around crypto investment works, but it shouldn’t be a matter of concern, as we have plenty of crypto trading platforms to guide us with the investment, from the beginning to becoming a pro.
Based on our research, BYDFi is one such platform that has outshone many, and we will review it in detail.
Contents
BYDFi and Its Inception
BYDFi is an ultimate social trading platform that was developed to help individual investors who want to learn trading and crypto trading. It was first launched in the year 2020 and was initially named as BitYard and was changed in 2023 to BYDFi standing for “BUIDL your Dream Finance.”
The platform is helping investors from the time of its inception and offers services like perpetual contracts, spot trading, spot investment, spot/future grid, and martingale. By covering every major and minor aspect of trading, BYDFi is not just an ideal place for aspiring investors, but also benefits project teams, media, copier, and others to communicate and interact.
Catering to the needs, demands, and learnings of beginners as well as professionals, BYDFi trading tutorial has been providing its services to users of about 190 countries and has a customer base of more than 1,000,000 from all over the world. Â
BYDFi’s Beliefs
BYDFi, which stands for “BUIDL your Dream Finance”, has deliberately kept the spelling as “BUIDL” because it is widely used as slang in the world of cryptocurrency. Not just standing for the slang, BYDFi also believes and promotes the literal meaning of BUILD. The “F” stands for “Finance” and “I” for every individual who dreams to build their career in crypto and have big aspiration.
The only intention behind changing the name is to show their beliefs of helping everyone who is looking to build the possibilities that will shape their future.
Milestones Achieved by BYDFi
Within a very short period of time, BYDFi has created major milestones for itself, which show how much progress it has made and its credibility.
- In January 2023, BYDFi changed its name from BitYard and was listed and recognized by platforms like CoinMarketCap and CoinGecko, gaining the platform international fame.
- Forbes ranked BYDFi in the list of one of the world’s top 10 crypto exchanges which the site still retains.
- In February 2025, the platform collaborated with a wallet manufacturer Ledger, and launched the BYDFi co-branded wallet.
- Recently, in April 2025, BYDFi launched BYDFi MoonX, a Web3 on-chain trading tool.
Features of BYDFi
BYDFi offers a lot as a crypto and trading platform that benefits individuals in many ways and builds its credibility. Let’s explore the features that make BYDFi an ideal choice for both professionals and beginners.
- Spot Trading with over 900+ Cryptocurrencies
One of the greatest features of BYDFi is that users can access over 900 cryptocurrencies, from the famous ones like Bitcoin, Ethereum to the new ones, altcoins, and hard-to-find tokens. With access to these many options, users can diversify their investment and trading. Even the fees structure charged by BYDFi is very competitive and it charges 0.1% which is generally quoted at 0.4% to 0.5% by platforms like Coinbase and Kraken. When the charges are low, beginners get more chances to save and invest.
- Perpetual Contract Trading with 200x Leverage
Those who are looking for an opportunity in advance trading, BYDFi has over 400 perpetual contract pairs with 200x leverage, which is way higher because the standard is around 100x to 125x. The perpetual pairs include Coin-M perpetual futures and USDT-M.
- Copy Trading
BYDFi is best with their copy trading system because both beginners and professionals can benefit from it. Beginners can start trading from as little as $10 and giving an advantage to gain confidence for the budding investors. There are different margin options like isolated margin, in which every position’s fund is managed individually, and cross margin, in which the funds are allocated differently for better asset productivity.
- Trading Bots
The introduction of trading bots by BYDFi is a revolutionary step, as the cryptocurrency market is uncertain, and beginners may invest emotionally, which can influence their actions. BYDFi’s automated trading bots detaches the traders from emotional decision-making. Spot/Futures Grid Trading allows buying low and selling high, but sets a limit. Martingale Strategy is a contrarian step for the down markets, and Spot Investment Bots helps with a steady increase on over 100+ pairs.
- Demo Trading
This feature in particular is good to gain experience and for beginners and to become a pro for experienced ones. The demo account offered by BYDFi gives access to everyone 50,000 USDT in virtual funds for practice purpose in trades and strategies without putting real money on stake.
- Fiat Gateway and Payment Options
For crypto trading, you have to buy coins, and for this, you need access to wallets or payment options. BYDFi offers diverse payment options like credit/debit cards, Google Pay, Apple Pay, and third party gateways like Transak, Banxa, and Mercuryo. This helps the beginners to start with crypto trading as a payment option, and the process of storing the currency in wallets often seem like a complicated task. Additionally, the site is transparent about the fee structure and offers the most competitive charges in the market.
- Welcome Rewards
BYDFi intends to make cryptocurrency available for everyone and treats every new user with the welcome rewards. They initially offer a New User Welcome Package of 8100 USDT to start trading. To claim this reward, users only have to sign up and complete the following task, which is generally easy to perform. These tasks also help the users to get familiar with the site by navigating through it.
- User-Friendly
The site is easy to navigate through even if the user is new. The sign-up process to start trading the steps is pretty simple and straightforward. Users are provided with clear steps and instructions, and every category is listed on the website to make it visible. To establish its relationship with users, BYDFi also offer 24*7 customer support and they are available via email and chat. There are also community groups where people from different parts of the world interact with each other. To make the overall experience better, the site supports English, Vietnamese, Mandarin, Russians, and Turkish. Â
- MoonX and The CEX + DEX Dual Engine
BYDFi launched MoonX in April 2025, its on-chain web3 trading tool to trade memecoins, which is still not available on many major trading platforms. This boasts Solana and BNB Chain Ecosystems, combining the power of CEX (Centralized Exchanges) and DEX (Decentralized Exchanges).
Added to this is the dual-engine that helps users to enjoy the security of the centralized platforms as well as decentralized markets.
Security and Regulatory Compliance
BYDFi prioritizes its security and follows everything to adhere to regulatory compliance to ensure that users enjoy maximum safety.
- BYDFi has dual MSB licenses in Canada and the USA and is also a member of South Korea’s CODE VASP Alliance.
- It offers a cold storage wallets facility to the users to hold the digital currency.
- It is powered by a multi-signature facility, AWS cloud service, and high-performance trading engine architecture.
- To authorize the transaction, approval from multiple people is required.
- The site doesn’t hold the money in its account, but it is stored in different cold storage wallets.
- They have a restricted whitelist policy for the transactions made for their cold wallets that protects from unauthorized withdrawals, which is not approved by BYDFi.
Steps to Create an Account with BYDFi
Creating an account with BYDFi is very simple. Below we have shared the steps:
- Visit the official website.
- Click on the “Sign up” button and start filling in the details asked.
- Verify your email address, and your account is made.
- Log into your new account and go to the “security setting.”
- Enable Two-Factor Authentication to strengthen security.
- Add your card details and set the amount you want to spend, and make the transaction
- Visit the third-party payment to choose the payment method available in your country
- After the purchase, you can transfer the coins from other wallets to your BYDFs account.
- Once you have added the crypto coins to the wallets, start trading after selecting from various trading options.
After all these steps, you are good to go for long-term trading.
Final Words
BYDFi is comparatively a new name in the world of crypto trading, but it has already established its name in the list of renowned platforms. By constantly evolving itself to adapt to new trading demands and benefit the clients, BYDFi is the most ideal platform to start your trading journey or switch from another one.
