In the fast-paced world of crypto trading, finding an exchange that offers you the flexibility and convenience to trade a vast array of cryptocurrencies while also providing high leverage can be challenging. This is where BYDFi comes in, offering traders an exceptional trading experience that sets them apart from other exchanges.
400+ Cryptocurrencies Available
BYDFi currently offers up to 400 different cryptocurrencies for trading. Which is a lot more compared to many other exchanges. This means that you can trade a vast array of cryptocurrencies all in one place, without the need to switch between different exchanges.
One of the most significant benefits of having 400 different cryptocurrencies available for trading is the ability to diversify your portfolio. Diversification is a key strategy in trading, as it helps to minimize risks and maximize profits.
By investing in a range of cryptocurrencies, traders can spread their risk across multiple assets and take advantage of different market conditions.
Despite the growing popularity of cryptocurrencies, many US-based exchanges still offer a limited selection of assets for trading. However, BYDFi sets itself apart by offering over 400 different cryptocurrencies, including popular assets such as Bitcoin, Ethereum, Ripple, and Dogecoin, as well as emerging cryptocurrencies such as Shiba Inu.
This gives traders unprecedented access to a broad range of assets, enabling them to diversify their portfolio and maximize their profits.
BYDFI has over 400 different cryptocurrencies available for trading!
150x Leverage
BYDFi sets itself apart from other exchanges in the United States where the maximum leverage for perpetual contracts is typically 100x or 125x. With BYDFi, you can take advantage of up to 150x leverage.
One of the most significant benefits of having 150x leverage is the ability to maximize profits with less capital. This means that traders can use a smaller amount of their own funds to open larger positions, which allows them to take advantage of even small price movements in the market.
With 150x leverage, a trader can open a position worth $150,000 with just $1,000 of their own funds.
Unmatched Trading Experience
In addition to our high leverage and extensive range of cryptocurrencies, BYDFi offers a user-friendly platform that is easy to navigate.
Their platform is designed to provide a seamless trading experience, with advanced trading tools that allow you to track your positions, analyze market trends, and make informed trading decisions.
One of the most notable advantages of BYDFi is its rewards system. When users complete certain tasks, such as setting up Know Your Consumer (KYC) registration or making deposits using different methods, they receive “mystery boxes” containing different types of random cryptocurrencies.
This not only adds an element of fun to the trading experience, but also allows users to diversify their portfolios with a variety of different coins.
In addition to the mystery box rewards, BYDFi also offers a welcome bonus for new users who sign up, make their first trade, and refer friends to the platform. This incentivizes users to invite others to join and helps to grow the BYDFi community.
Another unique feature of BYDFi is its social trading platform, which allows users to earn free crypto by allowing other users to copy their trades. The amount of crypto earned is based on the number of followers they have, providing an opportunity for skilled traders to earn additional income.
Outstanding customer support
BYDFi is dedicated to providing its users with top-notch customer support. The platform’s customer service team is available 24/7 to assist users with any issues they may encounter while using the platform.
In addition to its customer service team, BYDFi also provides users with a comprehensive knowledge base that includes a range of helpful articles and tutorials. This helps users to quickly find answers to common questions and troubleshoot any issues they may be experiencing.
Conclusion: is BYDFi a good exchange?
If you are looking for a reliable and secure platform to trade cryptocurrencies with high leverage and an extensive range of cryptocurrencies, then BYDFi is the ultimate destination.
With 150x leverage and 400+ cryptocurrencies available, you can take advantage of the volatile crypto market and maximize your profits.
Join BYDFi here and experience the best in crypto trading!
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Frequently asked questions
BYDFi has obtained a dual license from both the US and Canada for being a Money Services Business (MSB), making them a safe exchange to invest on.
In the United States, BYDFi is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), which is a bureau of the US Department of the Treasury. BYDFi’s US MSB registration number is 31000215482431.
In Canada, BYDFi is registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). BYDFi’s Canada FINTRAC MSB registration number is M22636235.
The trading fees on BYDFi range from 0.1 percent to 0.3 percent per trade.
The BYDFi exchange provides top-notch customer support through live chat and email.
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.