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Have you ever dreamed about a crypto exchange that is committed to your financial flourishing? A platform that offers all the instruments that you can possibly want and at the same time is also very cost effective? A place where you can learn and practice your trading using a demo account and also personally grow by joining your friends to the global community as an affiliate? Well you need to look no further, because BYDFi is here to help BUIDL Your Dream Finance.
The Many Advantages of Trading With BYDFi
Previously known as BitYard, BYDFi is a global cryptocurrency exchange that offers a wide range of features and benefits to its users. These include spot trading with over 400+ crypto trading pairs, leveraged tokens that allow users to multiply their earnings without the risk of liquidation, lite contracts with up to 125x leverage, perpetual futures with up to 150x leverage, copy trading where users can follow master traders in one click, demo trading where users can practice trading without risking real funds, and a fiat gateway with user-friendly deposit options for new traders. Check out this link now for a New User Welcome Package from BYDFi.
One of the key benefits of BYDFi is its wide range of trading options. With over 400+ crypto trading pairs available for spot trading, users can trade popular coins such as Bitcoin, Ethereum, Ripple, Dogecoin, and altcoins. This provides users with a lot of flexibility in their trading strategies and allows them to take advantage of market movements.
Another benefit of BYDFi is its leveraged tokens. These tokens allow users to multiply their earnings without the risk of liquidation. The leveraged tokens are available for popular cryptocurrencies such as BTC, ETH, XRP, DOT, LINK, ADA, BNB and UNI. Each leveraged token has a 3x long and 3x short option, providing users with even more flexibility in their trading strategies. Leveraged tokens are a great way to increase your profits in a shorter amount of time while managing risk effectively.
High Leverage, Copy Trading and a Way to Test Strategies Risk Free
BYDFi also offers lite contracts with up to 125x leverage. These contracts have simple rules and allow users to trade with high leverage. This can result in higher potential returns but also carries a higher level of risk.
Perpetual futures are another feature offered by BYDFi. These include USDT-M and Coin-M perpetual futures with up to 150x leverage. This sets BYDFi apart from other exchanges where the maximum leverage for perpetual contracts is typically 100x or 125x. Perpetual futures offer higher potential returns and greater flexibility and convenience for traders.
Copy trading is another benefit offered by BYDFi. This feature allows users to follow master traders in one click and let them trade on their behalf. This is perfect for beginners who may not have extensive knowledge of technical analysis or for those who want to follow other profitable traders with proven track records.
Demo trading is also available on BYDFi. All users can access a demo account with 100k USDT to practice trading without risking real funds. This allows users to test their trading skills and strategies before trading with real money.
Finally, BYDFi offers a fiat gateway with user-friendly deposit options for new traders. These options include credit/debit cards and bank transfers and support for over 100 currencies.
In summary, BYDFi offers a wide range of features and benefits to its users including spot trading, leveraged tokens, lite contracts, perpetual futures, copy trading, demo trading and a fiat gateway. These features provide users with flexibility in their trading strategies and the ability to manage risk effectively while potentially increasing their profits.
Check out this link now for a New User Welcome Package from BYDFi. And don’t forget to download the BYDFi mobile app on the Apple App Store or the Google Play Store.
You can also follow the BYDFi team and join the community of traders on Telegram (English | Vietnamese | Indonesian | Philippines), Twitter, Youtube, Facebook, Linkedin, Medium, Instagram and Discord.
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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
