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BYDFi Celebrates 5-Year Milestone: A Journey of Innovation and Growth in Cryptocurrency Trading

BYDFi marks its 5th anniversary with a series of achievements, including the launch of Web3 trading tools and strategic partnerships, solidifying its position in the crypto market.
Published on 2025-04-03

BYDFi's Evolution: A Leap in Brand Growth

BYDFi, a leading cryptocurrency trading platform, celebrates its 5th anniversary, marking a journey from a rising star to a diversified ecosystem. Since its launch in 2020, BYDFi has expanded from lightweight contract trading to offering spot, perpetual contracts, strategic trading, and on-chain Memecoin assets.

Key milestones include:

  • April 2020: Official launch in the crypto market.
  • May 2021: Expanded to over 500 spot trading pairs.
  • August 2022: Introduced perpetual contract trading with flexible leverage.
  • January 2023: Brand upgrade and listing on CoinMarketCap and CoinGecko.
  • December 2023: Ranked among top 10 crypto exchanges by Forbes.
  • October 2024: Ensured 1:1 asset backing and Proof of Reserves reports.
  • November 2024: Joined South Korea's CODE VASP alliance.
  • December 2024: Upgraded perpetual contract system with enhanced features.

Launch of BYDFi MoonX: A Web3 Trading Breakthrough

On April 3, 2025, BYDFi introduced BYDFi MoonX, a Web3 on-chain trading tool targeting the booming Memecoin market. MoonX supports Solana and BNB Chain, offering:

  • Performance Breakthrough: Near-instant transactions and minimal slippage.
  • Functional Breakthrough: Fast listing, smart risk control, and copy trading.
  • Experience Breakthrough: Seamless trading across assets with one-click convenience.

Strategic Partnership with Ledger

BYDFi partnered with Ledger to launch a co-branded wallet, enhancing asset security. This product is in production and expected soon.

Vision for the Future: Insights from BYDFi Co-Founder

Michael, BYDFi's co-founder, reflects on their journey: "Our strategic transformation and continuous innovation have positioned us at the industry forefront. The future demands accessible, open products that understand user behavior."

Anniversary Celebration: $100,000 Prize Pool

BYDFi's 5th-anniversary events include deposit rebates, red envelope rewards, and a $100,000 prize pool, inviting users to celebrate their growth.

About BYDFi

Founded in 2020, BYDFi is a Forbes-recognized top 10 global crypto exchange, trusted by over 1 million users. Committed to a world-class trading experience, BYDFi continues to innovate and expand in the crypto space.

For more details on events and products, visit BYDFi's official website.

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