BYDFi has been awarded the title of 'Outstanding Crypto Trading Platform' at the FinanceFeeds Awards 2025. Founded in 2020, the exchange now serves more than 1 million users across over 190 countries. The recognition highlights its growing footprint in perpetual contracts and its hybrid exchange architecture.
Perpetuals Product Line: 500+ Pairs with 1-200x Leverage
Perpetual contracts drive BYDFi's trading activity. The platform lists over 500 perpetual pairs, with leverage options from 1x to 200x, covering major cryptocurrencies and emerging assets. Traders can choose between isolated and cross-margin modes, use advanced order types, and access real-time risk controls. Positions have no expiry, allowing continuous market exposure.
Beyond derivatives, BYDFi supports more than 1,000 spot assets, trading bots, copy trading, demo accounts, and fiat on-ramps. Copy Trading, launched in January 2025, lets users automatically mirror professional traders using proportional position sizing and predefined risk parameters, extending derivatives access to less experienced participants.
MoonX On-Chain Engine: Covering 500,000+ Memecoin Pairs
BYDFi runs a dual-engine model. Its core CEX handles spot and perpetuals, while MoonX serves as the on-chain trading interface. MoonX currently supports Solana and BNB Chain, covering more than 500,000 memecoin trading pairs. It integrates over 10 on-chain trading and launch ecosystems, including Pump.fun, Moonshot, and Jupiter Studio, enabling users to track token lifecycles and execute trades without switching apps.
MoonX officially launched in April 2025, formalizing BYDFi's transition to a CEX + DEX operating model. This structure lets users move between centralized liquidity and decentralized opportunities within a single ecosystem.
Security and Compliance: 800 BTC Protection Fund and Ledger Wallet
Asset protection underpins BYDFi's derivatives growth strategy. The exchange maintains over 1:1 Proof of Reserves with periodic public reporting. In September 2025, it introduced an 800 BTC Protection Fund to provide an extra layer of protection for leveraged traders. Most digital assets are stored in cold storage, with strict withdrawal whitelisting and multi-party approval. Client funds are segregated from company assets, and two-factor authentication is enforced.
In February 2025, BYDFi partnered with Ledger to launch a co-branded hardware wallet, extending custody options beyond the platform. On the regulatory front, BYDFi holds a U.S. MSB registration and is a member of South Korea's CODE VASP Alliance, reflecting its engagement with evolving compliance frameworks.
August 2025 saw the launch of the BYDFi Card, which connects crypto balances with real-world spending through global payment networks. That same month, the platform announced a multi-year partnership with Newcastle United as the club's Official Cryptocurrency Exchange Partner.
Michael, Co-founder and CEO of BYDFi, said the award reflects how far the platform has come in a short time, combining CEX and DEX approaches with strong security and global accessibility. Nikolai Isayev, Editor-in-Chief of FinanceFeeds, noted that BYDFi's derivatives footprint, hybrid architecture, and compliance engagement position it to adapt alongside the broader digital finance ecosystem.
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