On April 1, 2025, BYDFi celebrates its fifth anniversary, showcasing impressive achievements in crypto trading and forming new plans for the future.
BYDFi's Evolution Over Five Years
Since its inception in 2020, BYDFi has undergone significant development, showing steady growth and notable achievements in the crypto trading market. Key milestones include the official launch in April 2020, expansion to over 500 trading pairs in 2021, and the introduction of perpetual contract trading in 2022. In 2023, BYDFi was recognized as one of the world's top 10 crypto exchanges by Forbes. By October 2024, full asset backing with 1:1 reserves was ensured, setting high standards for security.
New Products and Partnerships in 2025
On April 3, 2025, BYDFi will launch a new Web3 trading tool, MoonX, focused on the booming Memecoin market. Key innovations include support for Solana and BNB Chain, enabling fast listings and effective risk management. MoonX blends the smoothness of centralized exchanges with the flexibility of decentralized ones, offering a unique technological synergy. Additionally, BYDFi has formed a strategic partnership with Ledger to enhance security through a co-branded wallet.
Looking Ahead: Strategic Development
BYDFi Co-founder Michael reflects on the company's journey, highlighting its continuous efforts to push boundaries and maintain an innovative product architecture. The defining element of BYDFi's competitive edge is its ability to quickly respond to market changes, turning trends into user solutions. In the next phase, there is a plan to strengthen positions by focusing on lowering entry barriers and enhancing user experience.
Celebrating its fifth anniversary, BYDFi continues to strengthen its position in the crypto trading market, breaking new ground in innovations and offering new solutions for users.
