BYDFi

BYDFi Overview

BYDFi is a centralized cryptocurrency exchange positioned around practical trading rather than marketing-heavy features. The platform supports spot markets, perpetual futures (USDT-M and COIN-M), and an integrated on-chain trading module known as MoonX, giving traders multiple ways to deploy capital from a single account.

At its core, BYDFi follows a conventional and transparent fee structure. Spot trading uses a standard maker/taker model, while perpetual futures apply separate maker and taker fees when positions are opened and closed. This pricing model is easy to evaluate, particularly for active traders who want to estimate costs precisely and compare them with other exchanges.

BYDFi also offers tools aimed at different experience levels. Manual traders can focus on spot and futures execution, while more systematic users have access to copy trading, trading bots, and a documented API for automation and strategy deployment. These features are integrated directly into the platform rather than offered as third-party add-ons, which keeps execution and account management centralized.

MoonX is BYDFi’s on-chain trading environment, designed to simplify access to trending or early-stage tokens. Instead of managing external wallets and gas fees manually, users trade through the exchange interface under a flat transaction-fee model. This structure differs from traditional spot or futures fees and is intended for users rotating through higher-risk, short-term on-chain opportunities.

KYC on BYDFi follows standard exchange practices and is required to unlock full functionality, including withdrawals, higher limits, and participation in certain features or campaigns. Availability of specific services may vary by jurisdiction, depending on local regulations.

For HighFxRebates users, cashback is calculated strictly on fees actually paid. Any BYDFi VIP discounts or temporary zero-fee promotions reduce the underlying fee base and therefore directly affect the cashback amount credited through HFR.

How to Get BYDFi Rebates with HighFxRebates

1. Create a HighFxRebates account and log in to your dashboard.
2. Register a new BYDFi account using the referral link provided inside your HFR panel.
3. After registration, go to "Crypto Accounts" in your HFR dashboard and enter your BYDFi UID.

Your account will be reviewed for eligibility. Once approved, your BYDFi cashback will start being automatically credited daily based on your trading activity.

Already Have a BYDFi Account?

1. Create a HighFxRebates account and log in to your dashboard.
2. Go to "Crypto Accounts" in your HFR dashboard and enter your BYDFi UID.

Your account will be reviewed for eligibility. Once approved, your BYDFi cashback will start being automatically credited daily based on your trading activity.

Eligibility Restrictions (Important)

Please note that if you are already registered under another referral code/partner, the account cannot be transferred. 

• What are BYDFi cashback and rebates?
  They return up to 56% of the trading fees you pay, available only when you trade through HighFxRebates.
• How does BYDFi cashback work?
  Eligible trading fees are rebated back to you as daily cashback, calculated on the actual fees charged.
• How do I sign up?
  Create an HFR account, open a new BYDFi account via our referral link, and submit your BYDFi UID in HFR under Crypto Accounts. After approval, cashback starts automatically.
• I already have a BYDFi account-can I still earn rebates?
  Maybe. If your account was created without any referral code, it may be transferable. If it’s linked to another referral/campaign, it cannot be moved. Put your UID in your HFR account to check (typically within 24 hours).
• Which trades qualify?
  Spot, Perpetual Futures (USDT-M/COIN-M), and MoonX—normal trading only. Abnormal activity (wash trading/commission manipulation) may trigger a review.
• When are rebates paid?
  Daily.
• Does cashback change my trading conditions?
  No, same fees, spreads, execution, and leverage. Cashback is added on top.
• Can cashback stack with VIP discounts or promotions?
  Yes, but cashback is based on the final fee you pay. If fees are 0%, cashback is 0 for those trades.

• What is BYDFi?
  BYDFi is a centralized crypto exchange (formerly known as BitYard, later rebranded) offering spot trading, perpetual futures, and built-in tools like copy trading and trading bots. The platform markets support for 1000+ altcoins and 500+ perpetual contracts with up to 200x leverage (product-dependent).
• Where is BYDFi headquartered?
  BYDFi’s official blog describes the platform as headquartered in Singapore and founded in 2020.
• Is BYDFi regulated?
  BYDFi states it operates with Money Services Business (MSB) registrations in the United States and Canada (note: MSB registration is not the same as being a fully licensed securities/derivatives exchange regulator approval).
• Does BYDFi offer regulatory deposit insurance?
  No formal “deposit insurance” is advertised. Instead, BYDFi promotes Proof of Reserves and an 800 BTC Protection Fund as its transparency/safety measures.
• Is KYC required on BYDFi?
  BYDFi supports KYC. Their KYC article states that once approved, users gain access to key features such as withdrawals, higher withdrawal limits, and participation in campaigns, with typical documents like ID + selfie and sometimes proof of address.
• How do I deposit funds into my BYDFi account?
  You can deposit via crypto transfers, and BYDFi also supports buying crypto with credit/debit cards through third-party providers (availability depends on region).
• What are BYDFi’s trading fees?
  Spot: maker/taker 0.10% / 0.10%. Perpetual futures: maker/taker 0.02% / 0.06%
• What instruments are tradable on BYDFi?
  BYDFi focuses on spot crypto and perpetual futures. It also offers automation tools (bots) and copy trading features.
• Is margin/leverage trading available?
  Yes, via perpetual futures. BYDFi promotes leverage up to 200x (instrument-dependent).
• Does BYDFi support copy trading?
  Yes, copy trading is part of the product set described by BYDFi.
• What platforms are supported?
  BYDFi supports web + mobile app, plus API trading via its official developer documentation.
• What security/transparency features are in place?
  BYDFi provides a Proof of Reserves portal and references an 800 BTC Protection Fund.
• What customer support is available?
  BYDFi promotes 24/7 customer support on its main site.
• Is BYDFi available in all countries?
  No. BYDFi’s Terms of Service list unsupported countries, including the United States, the United Kingdom, Mainland China, Cuba, Iran, North Korea, Sudan, and Syria.
• Does BYDFi offer demo/testnet access?
  No official demo/testnet offering is clearly documented on BYDFi’s main support/product pages (so treat this as not available / not confirmed publicly).
• Does BYDFi offer trading bots?
  Yes, BYDFi offers built-in trading bot features, including grid bot guides in its support center.
• Are educational resources offered?
  BYDFi runs an official blog/news section with market content and guides.