BYDFi Referral Code 2024 with Review and Futures Bonus

BYDFi Referral Code 2024 with Review – $300 Deposit Bonus

BYDFi Referral Code and Review – Summary

  • Get a Free $300 deposit bonus with our referral code.
  • Allow crypto traders from USA and Canada to use all features on the platform, including futures and perpetuals.

Please read our dedicated post about the full terms and conditions regarding the best crypto signup bonuses and trading discount codes.

BYDFi Referral Code Terms

BYDFi Welcome Bonus

What is BYDFi crypto exchange?

➤BYDFi’s headquarters is located at 6547 N Academy Blvd, Singapore.

➤BYDFi (formerly BitYard) is one of the best crypto trading sites. It is relatively new and was launched in 2019.

➤BYDFi supports Spot and Lite Contract trading, which is suitable for new investors, and also supports Perpetual Futures trading and Leveraged Tokens for advanced traders. In addition, BYDFi provides copy trading services where investors can copy and execute trades of professional traders, earn profits, and build investment channels.

Does BYDFi allow USA and Canadian users?

BYDFi accepts US and CA traders for spot trading and futures. Read more about USA crypto futures.

What are the non-KYC withdrawal limits?

  • Non-KYC users: 0.2 BTC per day
  • KYC users: 5 BTC per day.

Compare all non-KYC withdrawal limits for crypto exchanges.

What is the maximum leverage?

BYDFi has a maximum crypto leverage of up to 200x on its perpetual trading pairs.

Liquidity on BYDFi

BYDFi’s order book is connected to Binance’s order book. This gives BYDFi similar liquidity to Binance for some of the trading pairs.

BYDFi Trading Fees

  • Spot trading fees: All crypto spot trading pairs have maker and taker fees of 0.1%~0.3%. You can find the exact trading fee rate per trading pair in the upper-right corner of the spot trading pair page.
  • Convert trading fees: The convert feature simply exchanges different digital currencies with one click. The conversion fee rate is 0.1%–0.15%.

BYDFi Perpetual Trading

USDT-M 115 Trading pairs: Perpetual contracts settled in USDT
COIN-M 5 Trading pairs: Perpetual contracts settled in cryptocurrency
 

BYDFi Crypto Trading Competitions and Contents

BYDFi crypto trading competitions and contents

BYDFi arranges crypto trading competitions and contents regularly. These competitions allow traders to win prizes and test their skills against other traders.

BYDFi announces the competition details in advance, including the prize pool, the trading pairs that will be available, and the competition rules.

To participate in a BYDFi crypto trading competition, traders must have an account on the exchange and meet specific eligibility requirements. Once a trader has registered for the competition, they can start trading the designated pairs. The trader’s profits and losses will be tracked, and the trader with the highest profit at the end of the competition will win the prize pool.

BYDFi’s crypto trading competitions are an excellent way for traders to test their skills, win prizes, and learn about new trading strategies. The exchange competitions are also a perfect opportunity for traders to connect with other traders and learn from their experiences.

BYDFi Mobile Trading App Review

BYDFi Mobile Trading Screens Mobile App Review

  1. Screenshot 1: BYDFi mobile app home screen. From here, you can easily navigate the complete mobile app and find the trading features you might be looking for.
  2. Screenshot 2: BYDFi mobile trading chart screen. Here, you can use all the basic mobile trading screen chart features like changing technical indicators, time frames, changing visual settings, and much more. 
  3. Screenshot 3: BYDFi mobile creating a trading order screen. Looks very similar like the dekstop view in a compact manner. All features are presented like Cross/Isolated margin, leverage, limit/market order, take profit/stop limit and much more.

BYDFi Security and Customer support

Security

BYDFi employs a variety of security measures to protect its users’ funds. These measures include two-factor authentication, cold storage for most user funds, and regular security audits.

BYDFi is a safe and secure cryptocurrency exchange with a user-friendly interface and various trading options. The exchange is particularly well-suited for experienced traders who are interested in margin and derivatives trading. However, BYDFi’s relatively high fees and limited fiat currency support may make it a less attractive option for some traders.

Customer Support

BYDFi offers 24/7 customer support via live chat, email, and phone. The exchange’s customer support team is responsive and helpful.

BYDFi Pros and Cons

BYDFi is a cryptocurrency exchange that offers a comprehensive suite of trading products and services to traders of all levels. The exchange is known for its user-friendly interface, wide selection of cryptocurrencies, and innovative features. BYDFi also offers a variety of educational resources and tools to help traders learn about the cryptocurrency market.

Pros

  • Beginner-friendly interface
  • Wide selection of cryptocurrencies
  • Margin trading and derivatives trading
  • 200X leverage – Among the maximum leverage of all crypto exchanges
  • No KYC for withdrawals
  • 24/7 customer support
  • Accepts traders from USA

Cons

  • Relatively high fees
  • Limited fiat currency support
  • Copy trading is no longer available
  • Not available in all jurisdictions

Overall, BYDFi is a solid choice for cryptocurrency traders looking for a user-friendly platform with various trading options. The exchange is particularly well-suited for experienced traders interested in margin and derivatives trading. However, BYDFi’s relatively high fees and limited fiat currency support may make it a less attractive option for some traders.

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