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4.5/5 

BYDFi is a user-friendly crypto exchange with simple onboarding with a strong selection of trading features, including spot markets, futures, copy trading, and automated bots. The platform stands out for its optional KYC system, wide range of fiat payment options, competitive trading fees, and generous welcome rewards that help new users get started. With a clean interface, mobile support, demo trading, and flexible account options, BYDFi offers an accessible experience for beginners while still providing enough tools for active traders. While it does not include advanced products like options or staking, it delivers a practical and streamlined trading platform focused on convenience and everyday crypto trading.

Beginner Friendly
Features
Fees
Safety
Volume & Altcoins
Spot fees
Maker (minimum): 0.10%
Taker (maximum): 0.10%
Futures fees
Maker (minimum): 0.02%
Taker (maximum): 0.06%
Discounts & bonuses
Referral fee discount: 10%
VIP fee levels available
Welcome rewards: $8,100
Safety
Launch year: 2020
Users: 1 million
Insurance fund: 80 million USD
No Proof of Reserves
Licenses
Licenses & registrations: None
Altcoins
Spot trading pairs: 1000
Futures trading pairs: 700
Trading volume
24h spot BTC: ₿ 5,172
Spot Top 100
Futures Top 70