The Good Tech Companies - From CEX To DEX: BYDFi Celebrates 5 Years Of Remarkable Growth

Episode Date: April 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/from-cex-to-dex-bydfi-celebrates-5-years-of-remarkable-growth. With a series of breakthroug...hs and legendary milestones, BYDFi has completed a remarkable transformation, from inception to exponential growth. Now, the platfo Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bydfi, #chainwire, #press-release, #bydfi-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. April 1, 2025 marks the 5th anniversary of BYDFi, a globally renowned crypto trading platform. Over the past five years, the platform has evolved from a rising platform focusing on "lightweight contract trading" to a diversified ecosystem. On April 3, 2025, byDFi will launch its Web3 on-chain trading tool, __[BYDFi MoonX]

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. From CEX to DEX, BYDFI celebrates five years of remarkable growth, by Chainwire. Victoria, Seychelles, April 3, 2025, Chainwire, asterisk April 1, 2025 marks the fifth anniversary of BYDFI, a globally renowned crypto trading platform. Over the past five years, BYDFI has evolved from a rising platform focusing on lightweight contract trading, to a diversified ecosystem offering spot, perpetual contract, strategic trading, and on chain meancoin assets. With a series of breakthroughs and legendary milestones, BYDFI has completed our remarkable transformation, from inception
Starting point is 00:00:45 to exponential growth. Now, the platform celebrates this important milestone with a grand anniversary celebration, reflecting on a journey marked by innovation, resilience, and growth. ByteFy's Evolution A leap in brand growth ByteFy's rapid rise in the crypto field is reflected in a series of key milestone events April 2020. The platform officially launched, marking ByFi's entry into the cryptocurrency trading market. May 2021, the platform expanded to support over 500 spot trading pairs. August 2022, the platform introduced perpetual contract trading, offering over 150 contract
Starting point is 00:01:23 pairs and providing flexible leverage from 1x to 200x. January 2023 completed a global brand strategy upgrade and was listed on authoritative data platforms CoinMarketCap and CoinGecko, garnering widespread international attention. December 2023 ranked by Forbes as one of the world's top 10 crypto exchanges, a position it continues to hold. October 2024, ensured that all platform assets are fully backed with at least one-to-one reserves, and began publishing periodic proof-of-reserves, POR, reports, setting the highest standards
Starting point is 00:01:58 for asset security. November 2024, officially joined the South Korea Code VASP Alliance, laying the foundation for future regulatory compliance in the Korean market. December 2024. Completed a comprehensive upgrade of the perpetual contract system, introducing three major features. New positions allowed even without unrealized profits, bi-directional long-short position support for hedging, and shared account funds under full margin mode to reduce liquidation risks. 2025 and beyond. Expanding WEB3 products and strategic brand partnerships on April 3, 2025, BYDFI will
Starting point is 00:02:37 launch its Web3 on-chain trading tool, BYDFI MoonX, which focuses on the booming meancoin market. Supporting both Solana and BNB chain, MoonX introduces three key breakthroughs. Performance breakthrough. Combining the smoothness of centralized exchanges. CEX. With the flexibility of decentralized exchanges. DEX. It leverages advanced technology to achieve near-instant transactions and minimal slippage,
Starting point is 00:03:03 providing users with an ultra-smooth trading experience. Functional Breakthrough Fast listing Ensures that users can trade the latest meancoins instantly, accurately targeting the next 1000x meancoin and seizing market opportunities. Smart Risk Control Supports take profit, stop loss, and sell half on a double, with an automated system that recycles capital to enable zero-cost positions.
Starting point is 00:03:28 Copy Trading System Exclusively offering smart money tracking and trading signal copying features. Users can track whale addresses in real-time. Convenient operation Retains CEX-level features like limit orders and one-click buy, sell, eliminating the hassle of repeated wallet authorizations. Experience breakthrough. From mainstream crypto assets to Web3's hot meme coins, users can seamlessly switch and trade freely with just one account. Moons eliminates complex connection processes and wallet switching,
Starting point is 00:04:00 offering a truly one-click experience. Meanwhile, BYDFI has entered into a strategic partnership with hardware wallet manufacturer Ledger, launching a co-branded wallet that further enhances the security of user assets. The product is currently in production and is expected to be launched soon. A vision for the future. Insights from BYDFI co-founder since its inception, BYDFI has served users in over 150 countries and regions. Reflecting on the past five years and looking ahead to the next phase of growth, BYDFI co-founder Michael shares greater than,
Starting point is 00:04:36 BydFI's journey is more than just a historical timeline, it's a strategic greater than transformation. Over the past five years, we have continuously pushed greater than boundaries, we have continuously pushed our limits, with our product greater than architecture undergoing multiple rounds of innovation and upgrades. At the greater than same time, our brand recognition in the global market has been steadily greater than increasing. Greater than he further adds, our core competitive edge lies in our ability to respond greater than quickly to market trends. In product development, we always adhere to one greater than principle,
Starting point is 00:05:10 turning trends into products and simplifying complexity into greater than user-friendly solutions. Whether it's the launch of copy trading or deepening, mean coin trading on chain, we remain at the forefront of the industry. The greater than future of the crypto world demands products with lower barriers to entry, greater-than-greater openness, and a deeper understanding of user behavior. BYDFI 5th Anniversary Celebration $100,000 prize pool In celebration of its 5th anniversary, BYDFI has launched a series of exciting events, deposit rebates and prize pool. Users who make deposits during the event period can enjoy generous rebates and a chance to share in the $100,000 prize pool.
Starting point is 00:05:51 Red envelope rewards and token airdrops. The platform will distribute rich gifts and excess tokens via red envelope rewards and airdrops to users. For more event details, please visit the official website, BYDFI 5th Anniversary. About BYDFI founded in 2020, BYDFI is a Forbes-recognized top 10 global cryptocurrency exchange trusted by over 1 million users worldwide. BYDFI is committed to providing a world-class crypto trading experience for users globally. BUIDL Your Dream Finance Website, https://www.bydfie.com Support email, cs at ByteFi, com, business partnerships, bd at ByteFi, com, media inquiries, media at ByteFi, com, Twitter, ex, LinkedIn, Facebook, Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:07:05 Visit HackerNoon.com to read, write, learn and publish.

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