BYDFI Celebrates Five Years Of Growth With A $100k Prize Pool And Token Airdrops

BYDFi, a leading cryptocurrency trading platform, marked its fifth anniversary on April 1, 2025, signifying its dedication and commitment to its growing community and the cryptocurrency industry.

Over the past five years, BYDFi has transformed from a promising platform focused on “lightweight contract trading” into a comprehensive ecosystem offering spot trading, perpetual contracts, strategic trading, and on-chain Memecoin assets. The platform has undergone significant breakthroughs and milestones for the last five years, resulting in remarkable growth. As it celebrates this important milestone, the platform reflects on a journey characterized by innovation, resilience, partnerships, and substantial achievement.

In 2021, the platform expanded to support over 500 spot trading pairs and introduced perpetual contract trading. In 2022, BYDFI began offering more than 150 contract pairs with flexible leverage options ranging from 1x to 200x. A global brand strategy upgrade was completed, leading to listings on authoritative data platforms such as CoinMarketCap and CoinGecko, which has attracted considerable international attention. Forbes has recognized the platform as one of the world’s top 10 crypto exchanges, a ranking it maintains. BYDFi also officially joined the South Korea CODE VASP alliance, establishing a solid foundation for future regulatory compliance in the Korean market. 

Notably, the platform is set to launch its Web3 on-chain trading tool, BYDFi MoonX, on April 3, 2025. BYDFi MoonX is designed to capitalize on the rapidly expanding Memecoin market. Compatible with both Solana and BNB Chain, MoonX introduces three significant breakthroughs: Performance, Functionality, and Experience.

MoonX achieves performance breakthroughs by merging the efficiency of centralized exchanges (CEX) with the adaptability of decentralized exchanges (DEX). MoonX employs cutting-edge technology to deliver near-instant transactions and minimal slippage, ensuring that users enjoy a smooth trading experience.

MoonX provides a fast listing on functionality, allowing users to trade the latest Memecoins instantly.  Reportedly, this targets the next potential 1000x Memecoin while capitalizing on market opportunities. The tool also provides Smart Risk Control, offering users features such as take-profit, stop-loss, and Sell Half on a Double. Users can access an automated system that recycles capital, allowing for “zero-cost positions.” In addition, the tool offers a Copy Trading System that provides exclusive functionalities like “Smart Money Tracking” and “Trading Signal Copying” to allow users to monitor whale addresses in real time.

Regarding experience, from mainstream crypto assets to the latest trending meme coins in Web3, users can effortlessly switch and trade with a single account. MoonX simplifies the trading experience by eliminating complicated connection processes and the hassle of wallet switching, providing a true “one-click” experience. In addition, BYDFi has formed a strategic partnership with hardware wallet manufacturer Ledger to introduce a co-branded wallet that enhances the security of user assets. This product is currently in production and is expected to launch soon.

Commenting on the project, BYDFi Co-Founder Michael stated:

“BYDFi’s journey is more than just a historical timeline—it’s a strategic transformation. Over the past five years, we have continuously pushed boundaries and our limits, with our product architecture undergoing multiple rounds of innovation and upgrades. At the same time, our brand recognition in the global market has been steadily increasing. Our core competitive edge lies in our ability to respond quickly to market trends.”

In celebration of its fifth anniversary, BYDFi is excited to announce a series of engaging events, including the Deposit Rebates and Prize Pool and the Red Envelope Rewards and Token Airdrops.

The Deposit Rebates and Prize Pool will reward users who make deposits during the event period with generous rebates and a chance to participate in a remarkable $100,000 prize pool. The platform will also generously distribute valuable gifts and additional tokens through Red Envelope Rewards and Airdrops to its users.

For further details about the events, please visit the official website.