BYDFi is a platform that perfectly reflects the philosophy “BUIDL Your Dream Finance.” This platform has played a major role since its launch as BitYard in 2020. However, this platform was more than “BitYard,” so the company decided to recalibrate its strategy for a broader vision and mission that is to empower individual investors. Hence, named it BYDFi – BUIDL Your Dream Finance.

If you are familiar with the word BUIDL in the crypto sector, you will know its true meaning that is more than ‘building.’ BUIDL means an active participation and contribution to the growth of decentralization and its future. While staying true to its philosophy, BYDFi expanded to over 500 spot trading pairs by May 2021, and this was just one milestone.

Later on, this platform introduced perpetual contract trading with flexible leverage up to 200x by August 2022. In fact, the dedication and consistency of this platform were recognized by Forbes as one of the world’s top 10 crypto exchanges in December 2023. Isn’t it beyond social trading?

Let us tell you what makes it work. Integrating a centralized exchange in BYDFi was to meet the demands of a diverse user base. But this also comes with its advantages, like offering a vast set of trading options for experienced and inexperienced traders. For example:

• In spot trading, BYDFi offers over 700 cryptocurrencies, including popular assets like Bitcoin (BTC) and Ethereum (ETH), along with emerging assets like “100x GEMs” that are not available on other exchanges.
• In perpetual contracts, BYDFi offers over 400 contract pairs with flexible leverage up to 200x. Typically, exchanges offer 100x or 125x leverage, but BYDFi’s leverage game is higher for better potential returns and greater flexibility.
• In copy trading, this platform helps users to follow their choice of crypto traders, with a low trading threshold of just $10. Traders can flexibly choose between isolated or cross margin options.
• In automated trading tools, the platform offers Spot Investment, Martingale, and Spot/Futures Grid for users to execute their desired strategies easily and precisely.

The users should be excited because the platform supports multiple payment options, including credit/debit cards, bank transfers, and partnerships with leading third-party providers like Apple Pay, Google Pay, Banxa, Transak, and Mercuryo. Users won’t find it difficult to convert their fiat into crypto.

Also, there are amazing offers for newcomers, for example, the Welcome Package that is worth up to 8,100 USDT for just setting up 2FA and joining the community. Besides, users can quickly start trading as the platform requires no KYC for most functions.

By the ‘no KYC for most functions’ statement, you might be wondering about the platform’s security. Well, to let you know, security and compliance are uncompromised matters for any reputable CEX, and BYDFi stands by its integrity.

It has dual MSB licenses in the US and Canada (US MSB Registration No. – 31000215482431 / Canada FINTRAC MSB Registration No. – M22636235) and is a proud member of South Korea’s CODE VASP Alliance, adhering to stringent global financial standards.

Besides compliance, BYDFi has top-tier security measures such as storing user digital currencies offline in cold storage wallets, multi-party transaction approvals, segregated accounts where user funds are held separately from operational capital, and strict whitelisting to prevent unauthorized withdrawals. In fact, the platform backs its assets with at least 1:1 reserves, reinforced in October 2024.

It’s no wonder that BYDFi’s CEX is a strong foundation that crypto participants want, but the sector is focusing on Memecoins. This demand necessitated the strategic integration of decentralized trading in BYDFi. In April 2025, the platform officially launched MoonX, which is a Web3 on-chain trading tool designed for the thriving Memecoin market.

MoonX is the apple of the eye for “Degen traders” who seek fast, high-risk, and high-reward trading. This tool has an ultra-smooth trading experience, so users can follow “smart money” and “snipe” the next 1000x potential Memecoin. Since these are the initial times of MoonX, it supports the Solana and BNB Chain ecosystems with an astounding 500,000+ Memecoin trading pairs. MoonX also offers the following advantages:

• The tool’s listing mechanism lets users trade the latest Memecoins first for early entry opportunities. The users get extensive memecoin market coverage with the flexibility of millisecond execution and minimal slippage.
• With MoonX, users get access to professional-grade trading tools that offer one-click buy/sell, limit & market orders, take-profit & stop-loss, etc. It also offers the “Sell Half on a Double” strategy for a risk-free holding.
• This platform’s one-click Smart Money Copy Trading feature helps to track and mirror the trades of whales, KOLs, and institutional investors. Besides, there is an option of ‘Trending Memecoin Rankings by Category’ on the platform to get real-time blockchain data and smart money patterns.
• MoonX’s latest major upgrade, “Alpha,” identifies the most active and trending Memecoins based on on-chain trading behavior, community sentiment, and capital inflow data.

This collaborates with Safeheron and uses MPC (Multi-Party Computation) & TEE (Trusted Execution Environment) technology to develop the industry’s most advanced decentralized key management solution. In addition, MoonX provides secure trading across devices with GoPlus, a third-party security audit authority, which conducts real-time security audits for on-chain pairs and sends alerts when they may be unsafe, preventing many scams like Rug Pulls and phishing.

First of all, BYDFi’s CEX serves as the primary engine for institutional-grade efficiency and liquidity. The strategy behind this is to use the matching engine that can process millions of transactions per second. This will give minimal latency and slippage even during extreme market volatility.

Order books with deep liquidity for a wide array of well-known cryptocurrencies and elaborate derivatives (such as perpetual futures with up to 200x leverage), enabling large volume trades with better price discovery and fee competitiveness. This centralized parallel provides a deep and orderly structure with the necessary stability and capital efficiency.

MoonX serves to address the expanding, complex, and sometimes even chaotic Web3 ecosystem, starting with the emergent Memecoin market. MoonX is not like traditional DEXs or even DEX aggregators. MoonX is not a DEX simply for on-chain swapping. Rather, it is an on-ramp that has been enabled for permissionless innovation. It provides direct access to the “long-tail” of new high-prospect tokens, where the CEX performance has been slow and unmanageable. With direct integrations with blockchain networks such as Solana and BNB Chain, MoonX offers actual on-chain ownership, direct interaction, and transparency.

BYDFi is outstanding because it clears the “CEX vs DEX” dilemma. The platform’s dual-engine approach makes it a unified account. Thus, the user experience is no longer disparate and disjointed like most crypto ecosystems. BYDFi lets users trade CEX and on-chain on the same platform, with an easy user interface. With this platform, users do not have to independently manage various wallets, UIs, and pools of different assets for centralized and on-chain trading.

It has a single easy-to-navigate display with centralized exchange accounts and Web3 on-chain tools. The unified feature also gives the freedom and flexibility to exchange or transfer assets as per the user’s liking.

BYDFi’s dual-engine approach is a living ecosystem. The BYDFi platform is always updating and innovating to be the best service within the industry. To demonstrate, in February of 2025, BYDFi expanded its offerings through a strategic partnership with hardware wallet provider Ledger by jointly launching the BYDFi co-branded wallet to secure user assets with self-custody better.

BYDFi has a user-centric philosophy that is reflected in its 24/7 customer support via live chat and email. This shows the platform is willing to be a pioneer of 2025 Crypto Trading. This platform is raising a new generation of traders with opportunities, security, and a user experience.

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.