Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
BYDFi
World exchanges

Crypto exchange BYDFi offers favourable conditions for traders

03.06.2025
2 min read

How to trade on the BYDFi exchange

With the arrival of a new administration in the White House, the cryptocurrency market has received an additional boost. As investor interest grows, market volatility has also increased. This highlights the need for effective risk management. The BYDFi platform can be a solution in this direction.
The BYDFi crypto exchange has been on the market since 2020. Previously, it was called BitYard, and after rebranding in 2023, the exchange received its current name. The platform is one of the most respected in its sector. In 2025, it took second place in the Forbes Advisor ranking. Its main advantages are the simplicity of the interface and the ability to automate trading strategies. This makes it particularly attractive to beginners.
One of BYDFi’s priorities is transparency. The exchange operates in strict compliance with regulatory requirements. It has licences from the governments of Australia, the US and Singapore. In addition, the platform is a member of the CODE VASP Alliance, created by a number of crypto exchanges from Korea. These include Korbit, Bithumb and Coinone. The organisation’s activities are focused on the following tasks:
– development of technological solutions to simplify industry operations;
– compliance services in accordance with FATF standards.
BYDFi implements a transparency policy under which the platform conducts regular Proof of Reserves audits. User assets are collateralised on a 1:1 basis.BYDFi crypto exchange

How to work on the BYDFi exchange

The BYDFi platform offers a simplified registration process. To get started, it is enough to create an account without necessarily undergoing verification. At the same time, users are asked to undergo a Know Your Customer (KYC) process to prove their identity. This makes it easier to respond quickly to fraud and increases the overall security of the system.
In addition, without KYC, the user will not be able to withdraw more than USDT 50,000 per day. Exchange members also have access to two-factor authentication and additional account protection tools.
As for the activities of the exchange, the data for April 2025 are as follows:
– more than 1 million users worldwide;
– spot trading is carried out with 600 crypto-assets;
– futures contracts are offered with leverage up to 200x;
– bots that automate trading operations and copy-trading are available on the exchange.
For the convenience of users, the exchange offers several tools to make trading easier.

Popular strategies

The exchange offers users a wide range of options to implement different trading strategies, such as grid trading. This strategy is suitable for markets without a strong trend. The user selects a price range, and the bot does the rest.
The Martingale principle refers to high-risk strategies. Its essence is to increase the buying volume after each losing trade. This approach is used until the position becomes profitable. The strategy aims to buy assets when the price falls. This increases the probability of coming out ahead when the trend reverses.

Tags: World exchanges
0
Previous Post Mastercard simplifies commercial payments Next Post African Development Bank and Ethiopian Airlines Group become partners

You Might Also Like

ADX Exchange
World exchanges
The ADX has become the leader in the number of transactions with foreigners
18.11.2022
Webull plans IPO
World exchanges
Webull plans to go public on the Nasdaq exchange through a SPAC deal
16.06.2024
Nasdaq Inc
World exchanges
Nasdaq Inc has tightened its public offering rules for foreign companies
20.01.2021
Bitcoin staking
World exchanges
Babylon Bitcoin staking is now available on the Binance exchange
27.02.2025
Arm
World exchanges
SoftBank considers going public with Arm by the end of 2023
13.05.2023
The European Stock Exchanges
World exchanges
European Stock Exchanges are reacting sharply to the rise in inflation
04.07.2022

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics