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    BYDFi iconBYDFi

    4.5/5 
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    4.5

    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
    Phemex logo
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    Phemex iconPhemex

    4.0/5 
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    4.0

    Phemex is a medium-sized but feature-rich crypto exchange focused on competitive fees and advanced trading tools. It’s best known for its futures markets, where low maker fees, customizable interfaces, and professional-grade features attract active traders. The platform also offers spot trading, tokenized stocks, staking, copy trading, trading bots, TradingView integration, and optional KYC. While it lacks some passive investing features and extra services found on larger exchanges, Phemex remains a strong choice for traders looking for an efficient platform with powerful tools and competitive pricing.

    Beginner Friendly
    Features
    Fees
    Safety
    Volume & Altcoins
    Spot fees
    Maker (minimum): 0.1%
    Taker (maximum): 0.1%
    Futures fees
    Maker (minimum): 0.01%
    Taker (maximum): 0.06%
    Discounts & bonuses
    No referral fee discount
    No VIP fee levels
    Welcome rewards: $15,000
    Safety
    Launch year: 2019
    Users: 10 million
    Has Proof of Reserves
    Licenses
    Licenses & registrations: 4
    (United States, Canada, Turkey, Lithuania)
    Altcoins
    Spot trading pairs: 650
    Futures trading pairs: 450
    Trading volume
    24h spot BTC: ₿ 13,479
    Spot Top 50
    Futures Top 35