MoonX is BYDFi’s on-chain trading engine that enables users to trade tokens on chains like Solana and BNB Chain, with smart-money tracking and same-block copy trading.

Does BYDFi provide customer support?

Yes. BYDFi offers 24/7 customer support through live chat and its Help Center.

Is BYDFi beginner-friendly?

Yes. BYDFi is designed for beginners with a simple interface, demo trading, and copy trading features.

Which countries does BYDFi support?

BYDFi serves users in more than 190 countries, although availability may vary based on local regulations.

Why should I choose BYDFi?

BYDFi combines ease of use with powerful tools, offering No-KYC access, low fees, futures trading, copy trading, demo trading, and on-chain features through MoonX.

How to Use BYDFi : A Complete Beginner-Friendly trading platform

Q: What cryptocurrencies can I trade on BYDFi?

BYDFi supports more than 1,000 spot assets and over 500 futures pairs, including major coins, altcoins, and trending meme tokens.

Q: What are the fees on BYDFi?

Spot fees are 0.1%. Futures fees are 0.02% maker and 0.06% taker. Withdrawal fees vary depending on the blockchain network.

Q: Does BYDFi offer copy trading?

Yes. Users can follow experienced traders automatically, view performance stats, and start with as little as $10.

Q: Does BYDFi support demo trading?

Yes. BYDFi provides 50,000 USDT in demo funds for users to practice trading without risk.

Entering the world of crypto can feel overwhelming, especially if you’re just getting started. Between unfamiliar terms, complex charts, and the sheer number of trading platforms, it’s easy to feel lost before you even begin.

In this guide, you’ll learn how to get started with BYDFi, explore its core features, and get an inside look at the platform’s new partnership with Newcastle United.

What Is BYDFi?

Think of BYDFi as a hybrid. It offers the reliability and ease of use of a traditional Centralized Exchange (CEX), but it also integrates a powerful engine called MoonX for on-chain trading.

The quick rundown:

Massive Reach: Over 1 million users in 190+ countries.
Huge Variety: Trade over 1,000 spot assets and 500+ futures pairs.
Flexibility: Options for up to 200x leverage and—crucially for many—No-KYC access.
Recognition: Named a Forbes “Top 10 Global Crypto Exchange” in 2023.

Whether you are looking to hold major coins, trade futures, or hunt for the newest meme coins, BYDFi creates a “full-stack” environment to do it all.

Big News: BYDFi x Newcastle United

2025 kicked off with a massive milestone: BYDFi is now the Official Cryptocurrency Exchange Partner of Newcastle United.

This isn’t just a logo on a jersey; it’s a signal of intent. Partnering with a Premier League giant highlights BYDFi’s push for global recognition and trust. It brings the world of football and finance together, reinforcing the exchange’s mission to empower people everywhere to take ownership of their financial future.

How to Get Started with BYDFi

Ready to dive in? The setup process is refreshingly simple.

1. Create Your Account

You don’t need to jump through hoops to get inside.

Head to the BYDFi website or grab the app.
Click Sign Up.
You can register the old-fashioned way (email/phone) or use quick logins like Google, Apple, or Telegram.
Verify your email, and you’re in.

2. Lock Down Your Security

Before you deposit a cent, take a moment to secure your account. BYDFi provides the tools, but you need to turn them on.

Enable 2FA (Two-Factor Authentication): This is non-negotiable for safety.
Check your dashboard: Review withdrawal settings and whitelist your addresses for extra peace of mind.

3. Fund Your Account

You have two main paths here:

The “I have cash” route: Buy crypto directly using a credit/debit card, Apple Pay, or Google Pay via partners like Transak or Banxa.
The “I have crypto” route: Transfer assets from another wallet or exchange. (Just double-check you are using the right network!).

Why Beginners Actually Like Using BYDFi

The platform has plenty of pro tools, but the features below are specifically great if you are still learning the ropes.

Spot & Futures Trading

If you want to keep it simple, Spot Trading lets you buy and hold over 1,000 different assets with a clean interface. If you are feeling more adventurous, the Perpetual Futures section allows for advanced strategies like hedging, with leverage up to 200x.

Copy Trading (The Easy Button)

This is a fan favorite. If you don’t know how to read charts yet, you don’t have to.

How it works: You automatically copy the trades of experienced pros.
Low barrier: You can start with as little as $10.
Transparency: You can see a trader’s track record before you follow them.

Demo Trading (Risk-Free Practice)

This is arguably the best feature for new users. BYDFi gives you 50,000 USDT in demo funds.

It’s play money, but the market data is real.
You can practice leverage, test strategies, and press buttons without the fear of losing your rent money.

Trading Bots

Prefer a hands-off approach? You can set up automated bots to execute strategies like Dollar-Cost Averaging (DCA) or Grid Trading. It takes the emotion out of buying and selling.

BYDFi Fees: Full Overview

Below is an up-to-date breakdown of the main fees charged on BYDFi. Actual fees may vary depending on the token, trading pair, or blockchain network, but these are the standard rates provided by BYDFi.

1. Spot Trading Fees

Maker Fee: 0.1%
Taker Fee: 0.1%

BYDFi uses a simple flat-fee structure for spot trading, which is lower than many exchanges.

2. Futures (Perpetual Contracts) Fees

Maker Fee: 0.02%
Taker Fee: 0.06%

These rates apply to both USDT-M and COIN-M perpetual futures.

3. Convert Feature Fees

Fee: 0.1% – 0.15%
Used when converting from one cryptocurrency to another instantly.

4. Leveraged Tokens Fees

Trading Fee: 0.2% (for buying or selling 3x leveraged tokens)
Management Fee: 0.03% per day if you hold leveraged tokens overnight.

5. Deposit Fees

Crypto Deposits: Free
BYDFi does not charge a deposit fee.

6. Withdrawal Fees

Variable, depending on the token and network.
This means BYDFi does not set a fixed withdrawal fee — it follows the blockchain’s network fee.

Example:

USDT (TRC20): cheaper
USDT (ERC20): more expensive

Always check the fee shown in the withdrawal window.

Summary Table

Feature	Maker Fee	Taker / Standard Fee
Spot	0.1%	0.1%
Futures (Perpetual)	0.02%	0.06%
Convert	—	0.1% – 0.15%
Leveraged Tokens	—	0.2% + 0.03%/day
Deposit	—	Free
Withdrawal	—	Network-based (varies)

🚀 MoonX (For the Degen Traders)

If you are into Web3 and meme coins, MoonX is BYDFi’s on-chain engine. It connects to chains like Solana and BNB Chain to let you trade new tokens early, complete with smart money tracking and live charts.

Feature	Description	Key Advantage
Multi-Chain Coverage	Supports major public chains like Solana and BNB Chain, covering 500,000+ trading pairs.	Broader market reach than single-chain competitors.
“Same-Block” Copy Trading	Industry-leading mechanism ensuring copied trades execute in the same on-chain block as the top trader.	Fundamentally solves slippage, delay, and execution failure in copy trading.
Multi-Agency Security	Security ratings cross-verified by GoPlus Security, Honeypot Detector, and QuickIntel.	Industry-leading, multi-dimensional security detection against contract risks (e.g., honeypots, malicious code).
Smart Market Dynamics	Tracks Smart Money (high-yield wallets) activities, position changes, and latest traded tokens in real-time.	Allows users to detect market maker positioning and sector initiation signals early.
Professional Trading Tools	Offers CEX-grade features like Limit Orders, Trailing Take-Profit & Stop-Loss, and Anti-MEV Protection.	Ensures precise, secure, and efficient trade execution, protecting assets from on-chain bots.
Unified Account & Access	Operates on the BYDFi Unified Account System.	Seamless login and use across Web, iOS, and Android platforms.

MoonX offers transparent trading with a 1% fee and a dynamic four-tier referral rebate system where the Level 1 rebate can reach 70%.

BYDFi Card: Bridging Crypto to Real-World Spending

In August 2025, BYDFi officially launched the BYDFi Card, a critical step in expanding the platform’s utility beyond just trading.

The BYDFi Card is a new card service designed to connect crypto assets with real-world spending. It provides users with a practical solution for enabling seamless everyday payments globally.

Essentially, this new feature brings real-world utility to your digital assets , allowing users to easily spend their cryptocurrency balances in daily life, marking a significant product highlight for BYDFi in 2025.

20 FAQs About BYDFi

1. What is BYDFi?

BYDFi is a global cryptocurrency exchange offering spot trading, futures, copy trading, trading bots, and an on-chain trading engine called MoonX.

2. Is BYDFi safe to use?

Yes. BYDFi uses multi-layer security, including cold wallet storage, 2FA, address whitelisting, and third-party contract risk scanning for MoonX.

3. Is BYDFi regulated?

BYDFi operates globally and complies with regulations in various jurisdictions, but the level of regulation varies by region. Users should check local crypto rules before trading.

4. Does BYDFi require KYC?

No. BYDFi offers No-KYC access for many features, but some services (like higher withdrawal limits) may require verification.

5. How do I create an account on BYDFi?

You can sign up using email, phone number, or quick-login methods like Google, Apple, or Telegram.

6. What cryptocurrencies can I trade on BYDFi?

More than 1,000 spot assets and over 500 futures pairs are available, including major coins, altcoins, and trending meme tokens.

7. What are the fees on BYDFi?

Spot trading fees are 0.1%. Futures fees are 0.02% maker and 0.06% taker. Withdrawal fees depend on the blockchain network.

8. What is MoonX?

MoonX is BYDFi’s on-chain trading engine that lets users trade tokens on chains like Solana and BNB Chain, with smart-money tracking and same-block copy trading.

9. Does BYDFi offer copy trading?

Yes. Users can automatically follow experienced traders, view performance stats, and start with as little as $10.

10. Does BYDFi support demo trading?

Yes. BYDFi provides 50,000 USDT in demo funds so beginners can practice without risk.

11. Can I use trading bots on BYDFi?

Yes. BYDFi offers automated bots such as Grid Trading and DCA (Dollar-Cost Averaging) bots.

12. What leverage does BYDFi offer?

Futures trading supports up to 200x leverage, depending on the trading pair.

13. Does BYDFi have a mobile app?

Yes. BYDFi is available on the web, iOS, and Android, all synced through a unified account system.

14. How do I deposit funds into BYDFi?

You can deposit crypto or buy crypto using third-party payment partners like Transak or Banxa through card or mobile payments.

15. How do I withdraw funds from BYDFi?

Go to the Withdraw page, select your asset, choose the correct network, enter the address, and confirm. Fees vary by blockchain.

16. What is the BYDFi Card?

The BYDFi Card allows users to spend their crypto assets in real-world transactions globally, bridging digital assets with everyday payments.

17. Does BYDFi offer customer support?

Yes. BYDFi provides 24/7 customer support through live chat and its Help Center.

18. Can beginners use BYDFi?

Absolutely. BYDFi is designed to be beginner-friendly with a simple UI, demo trading, and copy trading options.

19. What countries does BYDFi support?

BYDFi is available in over 190 countries, though some regions may face restrictions based on local regulations.

20. Why choose BYDFi over other crypto exchanges?

BYDFi combines CEX-level ease of use with powerful on-chain tools, offers No-KYC access, low fees, demo trading, copy trading, and a unified system for both beginners and advanced traders.

The Bottom Line

BYDFi has grown because it balances power with accessibility. It offers the deep liquidity and advanced tools that pros need, but wraps it in an interface that doesn’t scare away beginners. Between the No-KYC options, the Demo Mode, and the massive asset list, it’s a solid choice for anyone looking to take control of their financial journey.