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Have you ever dreamed of a crypto exchange dedicated to your financial prosperity? A platform that offers all the tools one could wish for and at the same time is very cost-effective? A place where you can learn and practice your trading with a demo account and also grow personally by joining the global community as a partner with your friends? Well, you need look no further because BYDFi is here to help you build your dream financing.
The many advantages of trading with BYDFi
BYDFi, formerly known as BitYard, is a global cryptocurrency exchange that offers its users a wide range of features and benefits. These include spot trading on 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 money, and a fiat gateway with user-friendly deposit options for new traders. You can now find a welcome pack for new users of BYDFi at this link.
One of the main advantages of BYDFi is the wide range of trading options. With over 400 crypto trading pairs available for spot trading, users can trade popular coins like Bitcoin, Ethereum, Ripple, Dogecoin, and Altcoins. This offers users 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 like BTC, ETH, XRP, DOT, LINK, ADA, BNB and UNI. Each leveraged token has a 3x long and 3x short option, giving users even more flexibility in their trading strategies. Leveraged tokens are a great way to increase your profits in less time while effectively managing risk.
High leverage, copy trading and a chance 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 it also comes with greater risk.
Perpetual futures are another feature that BYDFi offers. These include USDT-M and Coin-M perpetual futures with up to 150x leverage. This sets BYDFi apart from other exchanges where maximum leverage for perpetual contracts is typically 100x or 125x. Perpetual futures offer higher potential returns and more flexibility and convenience for traders.
Copy trading is another advantage that BYDFi offers. This feature allows users to follow Master Traders with one click and let them trade on their behalf. This is perfect for beginners who may not have an extensive knowledge of technical analysis, or for those who want to follow other profitable traders with a proven track record.
Demo trading is also available on BYDFi. All users can access a 100,000 USDT demo account to practice trading without risking real money. 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, as well as support for 100+ currencies.
In summary, BYDFi offers its users a wide range of features and benefits, including spot trading, leveraged tokens, lite contracts, perpetual futures, copy trading, demo trading, and a fiat gateway. These features offer users flexibility in their trading strategies and the ability to effectively manage risk while increasing their profits.
You can now find a welcome pack for new users of BYDFi at this link. And don’t forget to download the BYDFi mobile app on Apple App Store or Google Play Store.
You can also follow the BYDFi team and join the traders community on Telegram (English | Vietnamese | Indonesian | Philippines), Twitter, youtube, Facebook, linkedin, Middle, Instagram And discord.
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Disclaimer: This article is for informational purposes only. It is not a direct offer, or a solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service, or company. 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.
