The decentralized finance (DeFi) sector has expanded at a high rate, and currently, tokens such as AAVE and UNI are regarded as the blue chips of the cryptocurrency sphere. These tokens power DeFi applications, such as lending, borrowing, and governance, and are relied upon by institutional investors. What place should you buy and sell them in?
That is where BYDFi is different. BYDFi is a rebranded variant of BitYard that has gained popularity among users who prefer to trade both major and less popular tokens. It was featured in the Top 10 Crypto Exchanges according to Forbes, and this is another indication of its increased popularity.
Why BYDFi is gaining popularity
The reason BYDFi managed to secure a place on the list of the top 10 crypto exchanges by Forbes is that it offers a powerful combination of features that does not overwhelm new users.
Whether you are a beginner trying to dip your toe in the water or an experienced trader managing a diversified portfolio, BYDFi will meet you at your level.
The platform offers access to over 600 cryptocurrencies, including prominent DeFi players such as AAVE and UNI. However, what truly sets BYDFi apart is its flexibility. You may choose to trade either through spot, perpetual futures (leverage up to 200x), or even program strategies with grid trading.
People new to crypto can use a demo mode with 100,000 USDT and learn how to navigate the platform without taking any risk.
What makes BYDFi ideal for DeFi traders?
BYDFi is not just another exchange; it is built with both beginners and professionals in mind. The interface is clean, user-friendly, and fast. More importantly, it supports trading over 600 tokens, including the most popular DeFi assets, such as AAVE and UNI, as well as spot, futures, and copy trading tools.
There is also a demo account that you can practice with, that will be great when you are new or when you want to use the strategies without risking real money.
And even if you are someone who learns through observation, there is a feature of copy trading on BYDFi that allows you to monitor and follow other master traders.
Is it easy to get started?
Absolutely. Many users are surprised at how easy it is to buy crypto on BYDFi. With just a few clicks, you can register an account, and it is possible to bypass the KYC process and access a withdrawal limit of up to 1.5 BTC (the limit for unverified users).
Funding your wallet doesn’t take long either, just a few taps on the screen. You can use credit/debit cards, Google Pay, Apple Pay, or trusted fiat service providers, such as Banxa or Transak.
What surprises first-time users the most is how to buy crypto on BYDFi. You do not require technical knowledge or previous experience. The platform guides you step-by-step, and before you know it, you are trading real assets with confidence.
Here’s how you can get started with BYDFi
Create Your Account
- Visit the official BYDFi website.
- Click on the “Sign Up” button and enter your details.
- Verify your email address to activate your account.
Set Up Two-Factor Authentication (2FA)
- Log in to your account and go to security settings.
- Enable 2FA for better protection.
- Use an app like Google Authenticator to complete the setup.
Get Your UID
- Go to your account dashboard.
- Copy your unique UID.
- Share it with your BD Manager (if required).
Follow the BYDFi Twitter Page
- Use your main account to follow the official BYDFi Twitter.
- Stay updated with news, promotions, and platform updates.
- Engage with the community for added visibility and insight.
BYDFi’s most useful features
- 600+ tokens supported
- Perpetual futures with up to 200x leverage
- Demo trading with 100,000 USDT virtual funds
- Copy trading with real-time leaderboards
- Mobile-friendly interface for easy access anywhere
Is BYDFi safe?
Yes, and that’s a major selling point. The platform offers cold wallet storage, two-factor authentication, and whitelisted withdrawals and has a license to operate in the US and Canada. That means your funds are not only accessible, but also secure.
Security and Credibility
Security is a non-negotiable aspect when it comes to crypto and DeFi token trading. BYDFi understands this. The platform avails cold storage of funds, two-factor authentication (2FA), and the option of whitelisted withdrawals.
Your data and assets are not only secured, but they also receive priority. BYDFi takes compliance and safety seriously in an arena where most other platforms are cutting corners.
Final Thoughts
Trading AAVE, UNI, and many other DeFi tokens requires a platform with ease and wide functionality. BYDFi delivers on either front. It is an easy but effective choice, and it suits every level, whether you are a casual investor or a busy trader.
If you have decided to enter the world of DeFi trading without fear, BYDFi is one of the best places to trade in 2025.
