Crypto exchange BYDFi has announced the upcoming launch of MoonX, a new Web3 trading platform designed for meme traders. MoonX aims to provide a fast and secure trading experience, integrating key security technologies from Safeheron to ensure the highest security level for users.
Meme Coin Surge and Trading Volume
Over the past year, interest in meme coin trading has led to a significant rise in on-chain transaction volumes. In 2024, transaction fees from meme coin trading within the Solana blockchain ecosystem alone exceeded $3.093 billion, while security concerns also grew more pronounced, especially after the hacking incident at the DEXX platform.
BYDFi and Safeheron Partnership: Enhancing Security
BYDFi emphasizes security with its new collaboration with Safeheron, aiming to introduce advanced security features to MoonX. Safeheron's use of MPC and TEE technologies seeks to enhance key management and transaction signature protection for MoonX.
MoonX: New On-Chain Trading Arena for Traders
The high volatility in the meme coin market attracts traders seeking high returns. MoonX is specifically designed for this audience, providing on-chain trading capabilities for assets on major blockchains such as Solana and Ethereum.
MoonX is in its final development stages and will soon be launched, promising to elevate the safety and trading experience of meme coins in Web3.
