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BYDFi

BYDFi is a global cryptocurrency exchange that provides a variety of trading options.

Founded
2020
Markets
604

About BYDFi

Established in 2020, BYDFi has quickly grown to accommodate over 1 million users from more than 190 countries. The platform offers spot trading and features such as copy trading and trading bots, ensuring a diverse trading experience for its users. Additionally, BYDFi maintains a Proof of Reserves that guarantees user assets are backed at a ratio exceeding 1:1, complemented by a protection fund of 800 BTC. BYDFi has also formed a partnership with Newcastle United as its Official Crypto Exchange Partner, further solidifying its presence in the sports and cryptocurrency intersection. With a wide array of 604 markets available, the exchange aims to cater to various trading preferences and strategies.

Pros

  • Offers a substantial number of markets with 604 available.
  • Maintains a strong Proof of Reserves for user asset security.

Cons

  • Lacks transparency regarding its headquarters.
  • No information available on restricted regions.

Fees

maker fee
0.02%
taker fee
0.06%

CoinMarketCap's own reported average fee, not the exchange's published tiered schedule.

Trading Features

Spot trading
Yes

Frequently Asked Questions

What are the trading fees on BYDFi?

The trading fees on BYDFi are 0.02% for makers and 0.06% for takers.

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Availability, fees and regulatory status vary by jurisdiction and change over time. Always confirm current terms directly on the exchange before trading.

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