‘BUIDL Your Dream Finance’: Crypto Exchange BYDFi Ramps Up Retail Trading

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BYDFi, a cryptocurrency exchange rebranded from BitYard in 2023, is positioning itself as a go-to platform for retail traders with a suite of simplified and automated tools—including demo trading, copy trading and more.

Launched in 2020 and now accessible in over 100 countries, BYDFi supports more than 700 cryptocurrencies including major assets like Bitcoin, Ethereum and Dogecoin. The platform allows up to 190x leverage for perpetual contracts, setting it apart from larger exchanges which typically cap leverage at 100x or 125x.

Market Leading Features

BYDFi’s no-friction entry system is coupled with demo accounts that come preloaded with 100,000 USDT credits —allowing users to test strategies and explore the interface without any financial risk. 

As part of its expansion into decentralized finance, BYDFi has launched MoonX, an on-chain trading tool focused on the fast-growing MemeCoin market. Supporting over 500,000 trading pairs across blockchains like Solana and BNB Chain, MoonX combines CEX-level execution with DEX-level flexibility.

The platform offers copy trading, real-time token analytics, and tools like one-click buy/sell, take-profit/stop-loss, and the “sell half on a double” strategy to help users lock in gains. Its proprietary Alpha tracker surfaces trending MemeCoins using blockchain data, sentiment signals, and capital flows.

MoonX is secured by MPC and TEE technologies, with third-party audits from GoPlus to flag high-risk tokens. To celebrate the launch, BYDFi is offering zero-fee trading for a limited time.

The platform’s standout feature is copy trading, where users can follow and mirror the moves of experienced traders without having to manually copy every trade and risk being too late on it.

This feature, along with automated trading bots and a spot/futures grid strategy tool, provides a range of hands-off investment options. Spot/futures grid trading uses preset price ranges to buy low and sell high, removing emotion from market decisions.

For security, BYDFi relies on cold wallet storage, multi-signature transaction approvals, and segregated customer accounts. It holds money service business (MSB) licenses in the U.S. and Canada, and uses Onfido for identity verification.

The platform accepts fiat deposits through multiple partners like BANXA, Alchemy Pay and Transak, and supports bank transfers, cards, and digital wallets. New users receive rewards for completing tasks such as enabling two-factor authentication and joining the platform’s community.

BYDFi also supports a referral system offering lifetime commissions and real-time payouts. Affiliates can generate up to 100 unique referral links to track promotional performance.The affiliate program allows for real-time settlement commissions, with rebating being reflected in users’ accounts in real time after referrals complete their trades.

BYDFi Has Been Recognized as a Top Crypto Exchange

BYDFi has been recognized by Forbes as one of the top 10 crypto exchanges in 2023. With a slogan of “BUIDL Your Dream Finance,” BYDFi taps into the crypto-native ethos of long-term commitment over short-term hype. But its bet is on convenience. It aims to offer a streamlined, user-focused experience without sacrificing the tools traders need to engage with complex markets.

The exchange’s slogan, “BUIDL Your Dream Finance,” speaks to a broader mission. Rather than focusing on speculation or hype, BYDFi is about building practical tools and removing barriers for everyday users. It’s designed for traders who want to learn, grow and participate actively in the crypto economy.

For casual users unsure where to start in the cryptocurrency space, BYDFi is trying to make that first click a little less daunting. Find out more about the platform on its website.