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Since its launch, BYDFi has become one of the most reliable trading platforms in the crypto world. Even though it’s relatively a new platform, BYDFi has gained popularity because of its fair trading policies.
If you are ready to enter the crypto trading world with BYDFi, you have to explore the basics of this platform. In this guide, we will share everything related to this new crypto trading platform along with reliable BYDFi KuCoin alternative sites. Keep reading to learn more.
About BYDFi
BYDFi is a new player in the cryptocurrency market that became popular for offering a next-level trading option. Founded in 2020, BYDFi provides 700+ cryptocurrency trading pairs for spot trading. From demo trading to perpetual contracts to copy trading, BYDFi offers everything to crypto lovers.
This advanced platform is designed for both experienced investors and beginner traders. BYDFi is becoming popular in Europe, Asia, and Latin America with an expanding user base and multilingual support.
BYDFi Key Features
Before you open a BYDFi account, let’s find out the key features of this crypto trading platform:
- Clear Interface: One of the best features of BYDFi is it has a clear interface. Whether you are a pro trader or a beginner, this platform’s user-friendly interface will enhance your trading experience.
- Huge Trading Variety: Another amazing thing about BYDFi is it has a huge trading variety. So, you can choose anything from the huge options.
- Fair Trading Fees: Unlike other crypto trading sites, BYDFi always maintains fairness among the users. In that case, we have to mention the fair trading fees.
- 24×7 Customer Support: This new crypto platform is popular for its 24×7 customer support. Whether you need help or have some queries, BYDFi’s support team will help you throughout the process.
How to Open a BYDFi Account
It’s essential to create a BYDFi account before you start crypto trading. If you are ready to open your BYDFi account, you have to follow some easy steps. Keep reading the following section to learn how to open a BYDFi account:
Step 1: First, visit https://www.bydfi.com/ from a reliable browser.
Step 2: As the home page is opened, go to the top right corner and click on the ‘Get Started’ option.
Step 3: You will be redirected to the registration page. Here, you can register from two options; Email and Mobile.
- If you choose the email registration process, you must input your email address. The system will then send you a verification code. Input the verification code and follow all the instructions to open your account.
- For the mobile phone registration process, you have to follow similar steps. Choose your country and input your mobile number. After that, click on the ‘Send’ button and the system will send a verification code via SMS. Input the code and get verified.
Step 4: Once you have created an account, select the ‘Access’ option and tap on ‘Deposit’ to initiate the process. When you have made a deposit, you can start trading on BYDFi.
BYDFi Alternatives
If you want to try out other sites along with BYDFi, you can go for some alternatives. Even though there are so many options available, you have to choose some reliable platforms. Here are the best BYDFi alternatives:
- Kraken
- Coinbase
- Gate.io
- Binance
- PrimeXBT
Conclusion
BYDFi is changing the idea of crypto trading with its fair policies, easy deposit/withdrawal program, and clean interface. However, you have to be extra careful about trading, especially if you are a newbie trader. Make sure you check the official website of BYDFi before creating an account.