Latest news with #MemeCoin
Business Upturn
4 days ago
- Business
- Business Upturn
Getting started on BYDFi: A deep dive into its CEX + DEX dual-engine crypto ecosystem
By News Desk Published on May 31, 2025, 15:58 IST In a rapidly evolving crypto landscape, platforms that adapt quickly are the ones shaping the future. BYDFi , a global digital asset exchange serving over a million users in 190+ countries, is doing just that. With the launch of MoonX , its powerful on-chain trading tool, BYDFi is cementing its status as a dual-engine exchange —seamlessly merging the strengths of a centralized exchange (CEX) with the freedom and transparency of a decentralized one (DEX). Founded in 2020, BYDFi stands for Build Your Dream Finance , echoing its mission to empower individuals with accessible, professional, and secure crypto trading tools. The CEX backbone: Speed, scale, and accessibility At its core, BYDFi continues to offer one of the most versatile centralized exchange infrastructures available: 700+ spot trading pairs , covering everything from Bitcoin and Ethereum to trending altcoins and micro-cap tokens 400+ perpetual contracts , with up to 200x leverage —one of the highest in the industry Popular trading formats such as copy trading , grid trading , martingale strategies , and spot/futures investment bots Demo trading with 50,000 USDT virtual funds—ideal for beginners learning the ropes Fiat on-ramps via credit/debit cards, bank transfers, and third-party providers like Banxa, Transak, Mercuryo, and Alchemy Pay A transparent fee structure, multilingual customer support, and 24/7 live chat assistance This CEX layer is built for users who prioritize speed, scalability, and traditional order-book-based execution while retaining access to flexible portfolio management tools. The DEX frontier: MoonX and the MemeCoin revolution With the launch of MoonX in April 2025, BYDFi introduced its Web3 trading interface —a game-changer for on-chain traders, especially in the high-volatility MemeCoin segment. Key features of MoonX include: Access to 500,000+ MemeCoin trading pairs across Solana and BNB Chain Smart Money tracking : Follow whale wallets, influencers (KOLs), and institutional trades in real-time One-click Copy Trading : Mirror top-performing wallets and strategies instantly Advanced trade execution : Market/limit orders, take-profit/stop-loss, and Sell Half on a Double automation Alpha scanner : A real-time engine surfacing trending MemeCoins based on community sentiment, capital flows, and whale activity Zero-fee trading during launch period MoonX delivers a CEX-like experience in a DEX environment , blending low slippage, millisecond execution speeds, and high transparency. It's designed for fast-moving traders looking to capitalize on explosive token launches without compromising on decentralization or asset custody. Proof of Reserves: Transparent asset backing BYDFi now publicly showcases its Proof of Reserves (PoR) to guarantee the safety of user funds, with verifiable ratios that far exceed industry norms. The current BYDFi Asset Reserve Ratios are: BTC : 157% ETH : 171% USDT : 154% This means BYDFi holds substantially more assets than required to cover all user deposits — ensuring that all user funds are fully backed at all times. What is Proof of Reserves? PoR verifies that exchange assets match or exceed user holdings using cryptographic proofs and public wallet audits . This transparency enables users to independently verify that their funds are safe. Why is a 100%+ reserve ratio important? Full fund security — user assets are 100% reserved Guaranteed withdrawals — users can redeem assets at any time Minimized systemic risk — protects against digital bank runs or asset misappropriation This transparency-first approach builds trust and reinforces BYDFi's commitment to safeguarding its global user base. BYDFi's ecosystem at a glance Feature Description Spot Trading 700+ pairs, user-friendly UI, fast execution Perpetual Futures 400+ pairs, up to 200x leverage MoonX On-Chain Tool 500,000+ MemeCoin pairs, real-time data, zero-fee promo Trading Strategies Copy trading, Martingale, Grid, Bots Security Cold storage, MPC + TEE, GoPlus audits Fiat Integration Credit/debit cards, bank transfers, 100+ currencies User Support 24/7 chat, global language support, no KYC required for most features Welcome Bonus Up to 8,100 USDT for new users through easy tasks How to get started Create an account at BYDFi using your email or mobile number. KYC is not mandatory for basic access. Enable 2FA for enhanced account security. Deposit crypto or fiat using your preferred method. Explore markets —whether it's BTC/USDT spot trading, futures with leverage, or chasing the next 1000x MemeCoin via MoonX. Complete basic tasks to unlock BYDFi's Welcome Package worth 8,100 USDT . Conclusion: A platform for every kind of trade BYDFi isn't just another crypto exchange—it's an evolving ecosystem tailored for modern traders navigating both centralized and decentralized markets. Whether you're a high-frequency derivatives trader or a degen chasing alpha in the MemeCoin world, BYDFi's dual-engine architecture offers the tools, flexibility, and transparency to match your style. Explore the future of crypto trading today on the BYDFi：CEX+DEX exchange . Disclaimer: Cryptocurrency trading involves risk. This article is for informational purposes only and does not constitute financial advice or an endorsement of any platform. Readers should conduct their own research before engaging in any investment activity. News desk at
Arabian Post
14-05-2025
- Business
- Arabian Post
MoonX Unveiled as BYDFi's Leap into Decentralised Trading
BYDFi has launched MoonX, an on-chain trading engine designed to bridge the gap between centralised and decentralised exchanges. The platform aims to provide a secure and efficient trading environment, particularly for the volatile Meme Coin market. MoonX integrates Safeheron's security technologies, including Multi-Party Computation and Trusted Execution Environment , to enhance asset protection and transaction integrity. These measures address the vulnerabilities highlighted by the $20 million hack of the DEXX exchange in November 2024, which exposed weaknesses in private key security. The platform supports over 500,000 token pairs across blockchains such as Solana, Ethereum, Base, and BNB Chain. Features like take-profit and stop-loss orders, smart money tracking, and one-click trading are tailored to the needs of high-risk traders seeking rapid market movements. Arabian Post – Crypto News Network Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Associated Press
18-04-2025
- Business
- Associated Press
BYDFi Officially Launches On-Chain Trading Tool MoonX, Ushering in the Era of CEX + DEX Dual Engines
SINGAPORE, April 18, 2025 (GLOBE NEWSWIRE) -- In April 2025, at the Paris Blockchain Week(PBW), BYDFi, as one of the official sponsors, unveiled its new Web3 product— MoonX, capturing the spotlight at the event. MoonX is an on-chain smart trading tool designed specifically for MemeCoin investors, integrating features such as hot trend discovery, risk screening, smart money following, and trade optimization. The launch of MoonX marks BYDFi's official entry into the 'Dual Engine Era' of both Centralized Exchange (CEX) and Decentralized Exchange (DEX) platforms. In a highly competitive global crypto exchange market, BYDFi is one of the first to complete this platform upgrade. 'Traditional exchanges are shifting from a competition based solely on trading speed and fees to a broader ecosystem competition,' said Michael, CEO of BYDFi, at the launch event. 'The explosive growth of MemeCoins is driving a new wave of user growth. The future market leaders won't just be those offering fast matching and low fees on CEXs, but platforms that can simultaneously link the on-chain ecosystem with user demand.' As the on-chain investment entry point, MoonX complements the main BYDFi platform (CEX) with a hybrid structure: This structural upgrade gives BYDFi a competitive advantage as CEX and DEXs increasingly merge in the future. Currently, MoonX is deeply integrated with two major ecosystems: Solana and BNB Chain, covering leading liquidity pools like Raydium, and PancakeSwap, while supporting real-time tracking of over 500,000 MemeCoin assets. Key features of the product include: For a long time, 'complex processes' and 'asset security risks' have been major concerns preventing ordinary users from participating in on-chain investments. MoonX's mission is to reinvent the on-chain trading experience, allowing more people to participate in Web3 investments as easily as using an app-based exchange. With just a BYDFi account, users can instantly connect to the blockchain and trade the next trending Meme project before it takes off. About BYDFi Founded in 2020, BYDFi was recognized by Forbes as one of the 'Top 10 Global Crypto Exchanges' and has been certified by major data platforms such as CoinMarketCap and CoinGecko. The platform currently serves users in over 190 countries and regions, earning the trust of more than 1,000,000 users worldwide. BYDFi is committed to providing users with a world-class crypto trading experience. Twitter( X ) | LinkedIn | Facebook | Telegram | YouTube A photo accompanying this announcement is available at
