Celebrating Five Years of BYDFi: A Journey of Growth and Innovation
VICTORIA, Seychelles, April 3rd, 2025, Chainwire – On April 1, 2025, we proudly celebrate the 5th anniversary of BYDFi, a leading name in the world of cryptocurrency trading. What started as a promising platform specializing in lightweight contract trading has blossomed into a multifaceted ecosystem offering a variety of services, including spot trading, perpetual contracts, strategic trading, and on-chain Memecoin assets. This milestone is not just a marker of time; it’s a testament to our innovation, resilience, and commitment to our users.
BYDFi’s Evolution: A Journey of Remarkable Growth
BYDFi’s swift ascent in the crypto landscape is highlighted by several key milestones:
- April 2020: Official launch of the platform, marking BYDFi’s entry into the exciting world of cryptocurrency trading.
- May 2021: Expansion of services to support over 500 spot trading pairs, enhancing user choices.
- August 2022: Introduction of perpetual contract trading, featuring over 150 contract pairs and providing flexible leverage options ranging from 1x to 200x.
- January 2023: A global brand strategy upgrade and listing on reputable data platforms like CoinMarketCap and CoinGecko, bringing in international recognition.
- December 2023: Achieved recognition from Forbes as one of the world’s top 10 crypto exchanges, a position we proudly maintain.
- October 2024: Ensured full backing of all platform assets with at least 1:1 reserves, and started publishing periodic Proof of Reserves (POR) reports to uphold the highest asset security standards.
- November 2024: Joined the South Korea CODE VASP alliance, paving the way for future regulatory compliance in the Korean market.
- December 2024: Completed a significant upgrade of the perpetual contract system, introducing enhanced features to minimize liquidation risks.
Looking Ahead: Expanding Web3 Products and Strategic Collaborations
On April 3, 2025, we’re excited to launch our Web3 on-chain trading tool, BYDFi MoonX, tailored for the booming Memecoin market. Supporting Solana and BNB Chain, MoonX introduces three groundbreaking features:
- Performance Breakthrough: Merging the best of centralized exchanges (CEX) with decentralized exchanges (DEX), MoonX ensures rapid transactions and minimal slippage, ensuring a seamless trading experience.
- Functional Breakthrough:
- Fast Listing: Users can trade the latest Memecoins instantly, positioning themselves for the next big opportunity.
- Smart Risk Control: Features like take-profit, stop-loss, and “Sell Half on a Double” allow users to manage their investments smartly.
- Copy Trading System: With exclusive features like “Smart Money Tracking” and “Trading Signal Copying,” users can stay in tune with market leaders.
- Convenient Operation: Offering CEX-level features like limit orders and one-click buy/sell, MoonX simplifies trading without the hassle of repeated wallet authorizations.
- Experience Breakthrough: Users can effortlessly switch between mainstream crypto assets and trending Memecoins with a single account, eliminating the complexities of wallet switching.
In addition, we are thrilled to announce a strategic partnership with hardware wallet manufacturer Ledger, launching a co-branded wallet to further safeguard user assets. This product is currently in production and will be available soon.
A Vision for the Future: Insights from BYDFi Co-Founder
Since our inception, BYDFi has proudly served users across more than 150 countries. Reflecting on our journey, BYDFi Co-Founder Michael shares, “Our evolution is not merely a timeline; it’s a strategic transformation. Over the past five years, we have continuously challenged ourselves, with our product architecture undergoing numerous innovations. Our brand recognition has been steadily growing in the global market.”
He adds, “Our competitive edge is our agility in responding to market trends. In product development, we follow a simple philosophy: transform trends into tangible products and simplify complexities into user-friendly solutions. Whether launching Copy Trading or enhancing Memecoin trading on-chain, we aim to remain at the forefront of the industry. The future of crypto demands products that are accessible, open, and deeply attuned to user behavior.”
BYDFi 5th Anniversary Celebration: Join Us for Exciting Rewards!
To celebrate our fifth anniversary, we’re hosting a series of thrilling events:
- Deposit Rebates and Prize Pool: Users who make deposits during the celebration period can enjoy generous rebates and stand a chance to share in our $100,000 prize pool.
- Red Envelope Rewards and Token Airdrops: We’ll be distributing exciting gifts and tokens through red envelope rewards and airdrops to our valued users.
For more details about our anniversary events, please visit our official website: BYDFi 5th Anniversary.
About BYDFi
Founded in 2020, BYDFi has quickly become a trusted name in the crypto space, recognized by Forbes as a top 10 global cryptocurrency exchange with over 1,000,000 users worldwide. We are dedicated to providing a world-class trading experience for our users. Join us in building your dream finance.
- Website: https://www.bydfi.com
- Support Email: CS@bydfi.com
- Business Partnerships: BD@bydfi.com
- Media Inquiries: media@bydfi.com
Follow Us: Twitter | LinkedIn | Facebook | Telegram | YouTube
Contact
Senior Marketing Director
Chloe
BYDFi Fintech LTD
chloe@bydfi.com