BYDFi Drives Development Of Crypto Trading Through Its Perpetual Contract Copy Trading Feature

BYDFi, one of the top 10 cryptocurrency exchanges, is excited to announce the launch of its innovative Perpetual Contract Copy trading feature on its official app.

The Perpetual Contract Copy feature allows top traders to offer attractive rewards and incentives. BYDFi hopes this initiative will help drive the continuous innovation and development of the crypto trading ecosystem.

Commenting on the new copy trading feature, Michael, the co-founder of BYDFi, stated:

“The launch of the copy trading feature addresses the need for more efficient and convenient trading solutions for regular users. It also provides top traders with a new platform to showcase their skills and realize their value. By lowering the technical barriers, BYDFi gives regular users more opportunities, while also creating a sustainable reward mechanism for top traders. Our goal is for every participant to benefit from this, and together we will create a mutually beneficial trading ecosystem.”

Since its launch in 2020, BYDFi has strived to provide traders with unique advantages, including making trading more accessible. BYDFi has lowered the trending threshold to $10, allowing new and smaller traders to participate in the crypto market.

BYDFi also offers traders flexible margin options. Traders now have access to both Isolated and Cross Margin depending on their needs. Isolated margin allows users to manage each position’s funds independently, working to minimize risk. On the other hand, the cross margin is designed to allocate funds automatically. This design enhances asset efficiency, allowing traders to make multi-strategy portfolios and complete trading.

Another added advantage is trading support for multiple accounts, including SOL, BTC, ETH, and DOGE. The multi-asset contract trading support makes leveraging the diversified trading platform easy for all traders. Recently, BYDFi partnered with renowned payment services such as Mercuryo, Transak, and Banxa to enable deposits in over 600 cryptocurrencies. These partnerships also offer support for fiat deposits in over 150 countries across the globe.

Users also have access to comprehensive trading tools designed to make the trading experience simple and enjoyable. The tools and market insight give traders an added advantage in navigating the market and harnessing better rewards and incentives. 

The platform has also employed a transparent fee structure to maintain a fair environment. BYDFi’s users can view transaction records, profits in real-time, and fees. This feature helps users ensure no hidden charges while interacting with the platform. Users can also get a clear understanding of the costs of the BYDFi ecosystem.

Other advantages include BYDFi’s reward incentive system, which offers a range of bonuses and exclusive benefits. BYDFi also plans to introduce exclusive strategy pages where every trader will have a dedicated page that showcases their trading history.

For more details and updates, visit the BYDFi website.