Inside BYDFi: Singapore-based Cryptocurrency Exchange Powering Over 1 Mn Global Traders with 900+ Coins

BYDFi is a Singapore-regulated crypto exchange offering 900+ coins, 200x leverage, copy trading, demo accounts, trading bots, and MoonX for MemeCoin fans. Trusted by over 1M users across 190+ countries, BYDFi delivers secure, low-fee, and beginner-friendly crypto trading.

  • BYDFi offers over 900 different cryptocurrencies for trading, including the popular ones, as well as the lesser-known tokens.
  • Regulated by the Accounting and Corporate Regulatory Authority of Singapore, BYDFi also holds dual MSB licenses in the US and Canada, and is a member of South Korea’s CODE VASP Alliance.
  • The cryptocurrency platform offers a number of user-friendly features for both beginner and advanced users to maximise their earnings, including: Spot Trading, Perpetual Contract, Copy Trading, Demo Trading, Trading Bots, Welcome Reward, and MoonX.

The cryptocurrency industry is revolutionizing the way the world views finance, enabling decentralized, transparent, and borderless transactions that challenge traditional banking systems. As adoption surges among individuals, businesses, and even governments, the need for more advanced and reliable cryptocurrency exchanges becomes increasingly evident.

An ideal cryptocurrency exchange should combine top-tier security protocols, real-time trading capabilities, user-friendly interfaces, regulatory compliance, and responsive customer support. It should also offer a wide range of digital assets, low transaction fees, and advanced features like staking, margin trading, and analytics. With trust and accessibility at the core, such exchanges can empower users across the globe to participate in the digital economy with confidence and ease. As the market matures, next-generation exchanges will play a critical role in shaping a more inclusive and efficient financial future for all.

On these lines, today we take pride in talking about BYDFi, which offers convenient and innovative trading solutions to users globally.

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About BYDFi

BYDFi is a Singapore-based cryptocurrency exchange that has gained significant attention and a whopping user base within a short span. Founded in 2019, in response to changes in the encryption market, it was renamed BYDFi in January 2023, which stands for “BUIDL Your Dream Finance”. By allowing traders, copiers, project teams, media, and other communities to interact and communicate, BYDFi creates a trading environment ideal for both beginners and professionals. Currently, BYDFi serves users across over 190 countries and is trusted by more than 1 million users globally.

The exchange is regulated by the Accounting and Corporate Regulatory Authority of Singapore. The company launched its trading platform in April 2020 after receiving a $10 million investment from a US-based hedge fund.

The Difference

BYDFi offers over 900 different cryptocurrencies for trading, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Shiba Inu (SHIB). The complete list can be found on the official website of BYDFi. This means that most of the rare tokens that are not available on the majority of cryptocurrency exchanges are available on BYDFi, including the 100x Gems.

Ⓘ Note: 100x Gems is a group of relatively unknown and low-cap coins that have the potential to increase in value by 100 times or more. But it requires thorough research and knowledge to identify these coins and invest accordingly.

Besides this, BYDFi offers perpetual futures, automated trading tools (Like Spot Investment, Martingale, Grid Trading, Copy Trading), and Demo Trading.

The spot fee charged by BYDFi is only 0.1% which is pretty low compared to major exchanges.

Security and Compliance

  • BYDFi is regulated by the Accounting and Corporate Regulatory Authority of Singapore.
  • The company holds dual MSB licenses in the US and Canada, and is a member of South Korea’s CODE VASP Alliance.
  • Cold Storage: BYDFi stores digital currencies in offline cold storage wallets that keep private keys offline (disconnected from the internet) – making it a highly secure method of storing digital assets with protection from hacking and malware.
  • Multi-party approvals: Multiple people are required to authorize transactions. Meaning that the users’ assets on the platform are stored in a multi-signature wallet (requiring multiple approvals for fund transfers), which remains transparent to users.
  • Strict whitelisting: Transactions from the cold wallets are restricted to a whitelist. It prevents unauthorized withdrawals to any address BYDFi has not approved.

BYDFi – Features at a Glance

1. Spot Trading

  • Up to 900+ crypto trading pairs.
  • Trade popular coins such as Bitcoin, Ethereum, Ripple, Dogecoin, and altcoins.

2. Perpetual contract

  • Up to 400+ crypto trading pairs, including USDT-M and Coin-M perpetual futures.
  • Up to 200x leverage for perpetual contracts, as claimed by BYDFi

3. Copy Trading

With the Copy Trading feature, users can replicate the trades of experienced crypto traders, packed with other benefits including:

  • Trade with as little as $10: Easier for new traders and smaller investors to participate in the crypto market.
  • Flexible Margin Options: Choose Between Isolated or Cross Margin. The isolated margin mode enables users to manage the funds of each position independently, minimizing risk, while the cross-margin mode automatically allocates funds, enhancing asset efficiency and making it ideal for multi-strategy portfolios and complex trading. Users can choose flexibly based on their needs to optimize asset management.
  • Multi-Asset Contract Trading Support: BYDFi supports a variety of cryptocurrencies, including mainstream assets like BTC, ETH, XRP, and popular Memecoins such as SOL, DOGE. The platform also offers various leverage options, accommodating both new traders and seasoned professionals seeking diverse trading opportunities.
  • Transparent Fee Structure and Comprehensive Trading Tools: BYDFi is committed to maintaining a fair and transparent fee structure. Users can view transaction records, fees, and profits in real time, ensuring no hidden charges and a clear understanding of costs. Additionally, BYDFi offers market insights and advanced trading tools, including candlestick charts, real-time order functions, and multi-indicator support, helping traders optimize their strategies.
  • Flexible Deposit Methods and Global Multi-Language Support

4. Demo Trading

  • The Demo Trading feature allows users to test their trading skills and strategies before trading with real money.
  • All users on BYDFi can access a demo account with 50k USDT to practice trading without risking real funds.
  • Demo trading is a great way for beginners to get familiar with the platform and the market.

5. Trading Bots

a. Spot investment

  • Available for more than 100 trading pairs.
  • Spot investment provides high liquidity, allowing for quick and efficient trades.

b. Spot/Futures grid

  • Spot grid trading automates buying low and selling high within a defined price range, using preset conditions to capitalize on market fluctuations for profit.
  • Futures grid trading strategy automates long or short contract trading within a defined price range, buying more when prices drop and selling when they rise for profit.
  • Futures grid trading allows for rational trading by automatically executing buy/sell orders within a set price range, eliminating emotional decisions, and reducing losses from FOMO, FUD, greed, and expectations.

c. Spot Martingale

The Spot Martingale feature helps users increase investment amounts during market declines, averaging down costs through incremental buying, and profiting when the market rebounds. While this strategy requires careful fund management, it remains appealing to high-risk, high-reward investors. The Spot Martingale feature is:

  • Effective in volatile markets: Gradual accumulation reduces average costs.
  • Best for Well-Funded Investors: Profits increase as the market rebounds.
  • Simple and automated execution: Easy to implement for steady profitability.

6. Welcome Reward

This brings another unique differentiator for the Singapore-based cryptocurrency exchange. To help new users get started, BYDFi currently offers a generous New User Welcome Package worth 8,100 USDT. Users can earn rewards simply by signing up and completing a few straightforward tasks – helping users get familiar with the platform.

7. MoonX

MoonX is a Web3 on-chain MemeCoin trading tool launched by BYDFi in April 2025. The tool is specifically designed Degen traders. It is committed to providing a fast, ultra-smooth trading experience, ensuring users can effortlessly follow smart money and snipe the next 1000x potential MemeCoin.

MoonX primarily supports Solana, BNB Chain, and other major blockchains, offering access to over 500,000 MemeCoin trading pairs. By integrating smart trading tools, market analysis, and advanced technology, MoonX helps users make data-driven investment decisions and maximize their returns.

Editor’s Note

In a crowded and often complex crypto landscape, BYDFi emerges as a standout exchange, not just for its expansive trading options but for the solid infrastructure, transparency, and inclusivity it brings to the table. The Singapore-based exchange has grown rapidly to serve over a million users across over 190 countries — a testament to both its credibility and innovation.

What sets BYDFi apart is its rare blend of advanced tools and user-friendly features, designed to empower traders of all levels. With 900+ cryptocurrencies under one roof, including the major ones, and potential “100x gems”, coupled with powerful tools like copy trading, grid bots, Martingale strategies, and demo accounts, BYDFi caters to both cautious beginners and seasoned strategists.

The recent launch of MoonX, a specialized tool for MemeCoin enthusiasts, further signals BYDFi’s commitment to staying ahead of Web3 trends.

BYDFi isn’t just another exchange – it’s a modern-day crypto ecosystem built with vision, trust, and technology at its core.


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Asiya Nayab
Asiya Nayab

Asiya Nayab is the Sr. News Editor and Features Writer at LAFFAZ, with over three years’ experience covering startups, technology, and business ecosystems across India, MENA, and the United States. She has reported on leading tech companies, high-growth startups, and landmark industry developments. A skilled researcher, Asiya creates clear, data-driven guides on entrepreneurship, digital marketing, business and legal services, finance, and consulting—demystifying complex topics into actionable insights. Her journalism empowers entrepreneurs and aspiring founders to make informed business decisions.

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