BYDFi Named “Outstanding Crypto Trading Platform” for Its Expanding Perpetuals Trading Capabilities

has been awarded the title of “Outstanding Crypto Trading Platform” by the FinanceFeeds Awards 2025, a recognition that reflects the platform’s steady growth and its increasing prominence in the global perpetual contracts trading market.

The award comes at a time when BYDFi has been broadening both its technological footprint and international presence, while placing growing emphasis on derivatives infrastructure. Founded in 2020, the platform has developed into a hybrid trading ecosystem that combines centralized platform (CEX) services with on-chain trading through its Web3 engine, MoonX. Today, BYDFi serves more than 1,000,000 users in over 190 countries, supporting spot trading, perpetual contracts, automated strategies, and on-chain asset discovery.

From its inception, BYDFi pitched itself around a dual-engine approach. The platform’s core CEX infrastructure supports traditional spot markets, while perpetual contracts have emerged as a central driver of trading activity on the platform, offering users continuous exposure to crypto markets without expiry dates. MoonX complements this setup by extending functionality into on-chain markets, particularly in quick-moving segments such as memecoins on Solana and BNB Chain. This structure allows users to move between centralized liquidity and decentralized opportunities within a single ecosystem.

BYDFi’s perpetuals offering now includes more than 500 perpetual contract pairs, with leverage options ranging from 1x to 200x. These markets cover major cryptocurrencies as well as a wide range of emerging assets, enabling traders to deploy directional strategies across diverse volatility profiles. The platform supports both isolated and cross-margin modes, advanced order types, and real-time risk controls designed for active and high-frequency traders.

Being named Outstanding Crypto Trading Platform signals that BYDFi’s focus on scalable derivatives infrastructure, execution quality, and risk management is resonating with the wider industry.

Beyond derivatives, BYDFi’s broader product suite includes more than 1,000 spot assets, trading bots, copy trading, demo trading environments, and fiat on-ramps designed to accommodate users at diverse experience levels. Copy Trading, launched in January 2025, allows users to automatically mirror professional traders using proportional position sizing and predefined risk parameters, extending derivatives access to less experienced participants.

Brand Vision and Identity

“This recognition reflects how far BYDFi has come in a relatively short time. We set out to build a trading platform that removes friction, lowers barriers, and gives users real control—whether they’re trading spot, derivatives, or on-chain assets. Winning FinanceFeeds’ Outstanding Crypto Trading Platform award shows that our CEX plus DEX approach, combined with strong security and global accessibility, is catching on with traders worldwide,” said Michael, Co-founder and CEO of BYDFi.

The name reflects the platform’s long-term vision within the digital finance sector. “BUIDL Your Dream Finance” draws on a concept familiar within crypto communities. The “Fi” represents finance, while the “i” underscores the platform’s focus on individual users.

Just as significantly, security and capital protection remain foundational to BYDFi’s derivatives-led growth strategy. The platform maintains over 1:1 Proof of Reserves, supported by periodic public reporting, and introduced an 800 BTC Protection Fund in September 2025 to provide an additional layer of user asset protection—an significant consideration for traders deploying leverage.

Most digital assets on the platform are held in cold storage, with strict withdrawal whitelisting and multi-party approval mechanisms in place. Client assets are segregated from company funds, and two-factor authentication is enforced across accounts. In February 2025, BYDFi partnered with Ledger to launch a co-branded hardware wallet, extending custody options beyond the platform itself.

On the regulatory front, BYDFi holds a U.S. Money Services Business (MSB) registration and is a member of South Korea’s CODE VASP Alliance, reflecting its engagement with evolving compliance frameworks in key jurisdictions.

A Record of Measured Growth

Throughout 2025, rolled out several major platform updates aligned with its derivatives and multi-market strategy. Copy Trading launched in January, while April marked the official introduction of MoonX as BYDFi’s on-chain trading interface, formalizing the platform’s transition into a CEX + DEX operating model.

As part of this dual-engine approach, MoonX complements BYDFi’s perpetuals-focused CEX by extending the trading experience into on-chain markets where liquidity and attention can shift rapidly. MoonX currently supports major public chains including Solana and BNB Chain and provides coverage across more than 500,000 memecoin trading pairs.

MoonX integrates multiple on-chain DEX venues and CEX-style launch environments into a single interface, enabling users to monitor tokens through diverse lifecycle stages and place trades without switching between separate applications, while also providing access to more than 10 on-chain trading and launch ecosystems, including Pump.fun, Moonshot, and Jupiter Studio.

August saw the launch of the BYDFi Card, which connects crypto balances with real-world spending through global payment networks. The identical month, BYDFi announced a multi-year partnership with Newcastle United, becoming the Premier League side’s Official Cryptocurrency platform Partner.

Why Users Choose BYDFi

Overall, users are drawn to BYDFi for a combination of factors, including no-KYC trading access in supported regions, low and transparent fee structures, and a wide range of supported assets. For derivatives traders in particular, the platform’s breadth of perpetual contract pairs, leverage flexibility, and integrated risk tools have become key diverseiators.

The platform also emphasizes accessibility, offering demo accounts with simulated balances, automated trading tools, and multi-language customer support available around the clock. Fiat gateways support over 100 currencies and multiple payment providers, lowering entry barriers for new participants entering the crypto market.

“The ‘Outstanding Crypto Trading Platform’ award reflects progress to date, but the company continues to frame its strategy around long-term infrastructure development rather than short-term market cycles. With its growing derivatives footprint, hybrid trading architecture, and expanding compliance engagement, BYDFi is positioning itself as a platform designed to adapt alongside the broader digital finance ecosystem,” concluded FinanceFeeds EIC Nikolai Isayev.