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The Ultimate Guide to Setting Up Trading Bots for Passive Crypto Income

In the fast-paced world of cryptocurrency, having a reliable, secure, and user-friendly trading platform is essential. BYDFi, short for BUIDL Your Dream Finance, has emerged as a powerful all-in-one solution tailored for both beginner and professional traders.

Since its launch in 2020, BYDFi has rapidly grown into a global trading ecosystem, offering innovative tools such as spot and futures trading, copy trading, automated strategies, and a robust Web3 integration through its MoonX platform.

With a presence in over 190 countries and recognition from Forbes as one of the top 10 global crypto exchanges, BYDFi is redefining what it means to trade in the digital asset space. This article explores BYDFi’s journey, features, security, and why it stands out as a next-generation trading platform.

What is BYDFi?

BYDFi (short for “BUIDL Your Dream Finance”) is a global, one-stop social trading platform that empowers both new and experienced crypto traders with intuitive tools, cutting-edge trading features, and robust security infrastructure.

Since its inception in 2020, BYDFi has rapidly grown into a trusted and innovative hub for over 1 million users across 190+ countries, offering a full suite of trading options including spot trading, perpetual contracts, copy trading, and automated strategies. Whether you’re looking to explore advanced futures markets or optimize your strategy with tools like the BYDFi trading-bot setup, the platform is designed to support users at every step of their trading journey.

With its Rebrand from BitYard to BYDFi in 2023

BYDFi’s mission is embedded in its name. “BUIDL”—a popular crypto term that redefines “build”—encourages action, resilience, and long-term commitment to the blockchain revolution. The “F” stands for Finance, and the “i” stands for the individual—symbolizing the platform’s user-first approach in an ever-evolving financial world.

With its rebrand from BitYard to BYDFi in 2023, the platform reinforced its commitment to user autonomy and financial empowerment, aligning with the industry’s shift toward decentralization, token utility, and user ownership.

BYDFi’s Milestones and Evolution

BYDFi’s impressive growth trajectory is underscored by a series of strategic moves:

  • 2020: Platform launched with core trading features.
  • 2021: Expanded spot trading to over 500 pairs.
  • 2022: Introduced 150+ perpetual contract pairs with up to 200x leverage.
  • 2023: Rebranded to BYDFi and featured on CoinMarketCap and CoinGecko.
  • 2023: Ranked by Forbes among the top 10 global crypto exchanges.
  • 2024: Implemented Proof of Reserves and joined South Korea’s CODE VASP alliance.
  • 2025: Partnered with Ledger to launch a co-branded hardware wallet and introduced MoonX, a Web3 on-chain trading tool supporting Solana and BNB Chains—ushering in a new CEX+DEX dual-engine era.

What BYDFi Offers

Spot and Perpetual Trading

  • Spot Trading: Trade over 800+ cryptocurrencies, including BTC, ETH, XRP, ADA, DOGE, SHIB, and more.
  • Perpetual Contracts: Choose from 400+ USDT-M and Coin-M contracts, with leverage up to 200x—exceeding the typical industry standard of 100–125x.

Copy Trading

BYDFi is a leader in copy trading, allowing users to mimic the trades of professional crypto traders. Users can start with as little as $10, making it beginner-friendly while offering advanced tools for professionals.

Automated Strategies

  • Martingale: A contrarian strategy ideal for volatile markets.
  • Spot Investment: High liquidity, long-term accumulation.
  • Grid Trading: Both for spot and futures, automates buy-low/sell-high cycles.
  • Demo Trading: Practice with 50,000 USDT without risking real assets.

MoonX – The Future of On-Chain Trading

Launched in April 2025, MoonX bridges the centralized-decentralized gap with a seamless interface for on-chain trading—especially tuned to the Memecoin and Web3 market boom. It supports Solana and BNB Chain, and reflects BYDFi’s vision of a hybrid CEX + DEX model.

Security & Compliance

BYDFi prioritizes user security with:

  • Dual MSB licenses (U.S. & Canada).
  • Membership in South Korea’s CODE VASP Alliance.
  • Offline cold wallet storage and multi-signature authorization.
  • Segregated accounts and strict whitelist policies to prevent unauthorized withdrawals.

Flexible Payment Options

Depositing funds on BYDFi is simple and globally accessible. The platform supports:

  • Credit/debit cards
  • Bank transfers
  • Apple Pay, Google Pay
  • Global payment processors like Banxa, Mercuryo, Transak, and Alchemy Pay
  • Support for 100+ fiat currencies

New User Welcome Bonus

To make onboarding easy and rewarding, BYDFi offers a Welcome Package worth up to 8,100 USDT. New users can earn bonuses by completing simple tasks like signing up, trading, and setting up security features.

Explore the Welcome Rewards

Getting Started with BYDFi

  1. Create an Account: Visit BYDFi’s Website and sign up.
  2. Enable Security: Activate Two-Factor Authentication for added protection.
  3. Deposit Funds: Use fiat payment methods or transfer crypto from other wallets.
  4. Start Trading: Explore spot, futures, copy trading, and bots—tailored for every experience level.

Why Choose BYDFi?

  • ✅ Trusted by 1M+ users worldwide
  • ✅ Listed on CoinMarketCap, CoinGecko, and endorsed by Forbes
  • Over 800 cryptos, including exclusive listings and high-growth altcoins
  • Copy trading, grid bots, and 200x leverage for maximum flexibility
  • ✅ Secure, regulated, and transparent—your assets are protected and fully backed

Conclusion

Whether you’re a seasoned trader or just starting your crypto journey, BYDFi offers the tools, features, and community you need to thrive. With its user-centric approach, commitment to innovation, and a secure trading environment, BYDFi is truly building the future of finance—one block at a time.

jane
janehttps://risetobusiness.com
Jane Sawyer is the visionary founder and chief content editor of RiseToBusiness, a platform born out of her passion for providing straightforward answers to questions about famous companies. With a background in business and a keen understanding of industry dynamics, Jane recognized the need for a dedicated resource that offers accurate and accessible information.
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