Blog Post

BYDFi: Redefining the Crypto Exchange Landscape

Press Release • Mar 29, 2024

BYDFi is among the fastest-developing crypto exchanges, incorporating innovative features, cutting-edge security measures, and an unparalleled user experience. Its continuous improvement sets it apart from traditional exchanges, such as KuCoin or MEXC, and has made it an industry-leading brand less than five years after its launch.



The platform empowers countless users worldwide with the necessary tools, resources, and assistance for daily crypto trades. Read on to discover how BYDFi redefines the crypto exchange landscape and shapes the traders’ futures in the dynamic realm of digital assets.


What Makes BYDFi So Special


BYDFi was established in 2020 as BitYard before rebranding to its current name in 2023, which stands for “BUIDL Your Dream Finance.” The title represents the platform’s commitment to empowering traders of all levels to succeed in the crypto world. It also aligns with its mission to make crypto trading easily accessible and hassle-free for all participants, regardless of skills and knowledge.


From the get-go, BYDFi impresses through its intuitive interface, advanced trading tools, and a significant offer of trading pairs exceeding 600 combinations. Its options include demo, perpetual, copy, and leveraged trading and other brokerage services.


Moreover, BYDFi employs a No KYC policy, allowing a broader community of crypto enthusiasts to trade without sacrificing their privacy. The platform uses the industry's highest security standards to ensure the confidentiality and safety of its users.


Despite its relatively young age, compared to more established industry brands, such as KuCoin or MEXC, BYDFi has reached considerable milestones in its development. In 2023, Forbes named BYDFi one of the top ten best cryptocurrency exchanges. The prestigious financial publication included the platform

 on an exclusive list of the most reliable and secure exchanges, recognizing its remarkable evolution.


BYDFi Features - More than just Classic Crypto Trading


BYDFi is at the forefront of crypto exchanges, offering a comprehensive suite of trading tools and opportunities. However, the platform aims to deliver a unique user experience beyond daily crypto trading. Here are some of its standout features that set new standards in the world of digital finance.


Over 600 Cryptocurrencies to Trade


Traders can rely on BYDFi for a long and versatile list of cryptocurrencies available to trade. The platform has over 400 digital coins that can be combined in multiple trade pairs. They include the most popular cryptos, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE), as well as newly released and trending cryptocurrencies.


Spot Trading


BYDFi traders can choose between three spot trading options, catering to their level of experience and knowledge. The three versions include Direct Conversions, Classic Spot Trading, and Advanced Spot Trading. The first two involve quick, straightforward conversions and access to relevant order books and charting software. Meanwhile, Advanced Spot Trading includes in-depth technical and market analyses, providing seasoned traders with the ideal tools to get the best out of their trades.


Derivatives Trading


The Derivatives section gives users access to four COIN-M perpetual contracts covering as many trading pairs: BTC/USD, ETH/USD, XRP/USD, and DOT/USD.


Alternatively, traders can opt for USDT-M trading covering perpetual contracts settled in USDT. BYDFi users can choose from cryptocurrencies, including Bitcoin, Ethereum, XRP, Chainlink, Bitcoin Cash, and Dogecoin, available in nearly 250 trading pairs.


Best liquidity


Thanks to BYDFi's robust liquidity and deep order books, traders experience minimal slippage and seamless trading, positioning BYDFi among the top 20 exchanges globally.


BYDFi’s Innovative Security System


BYDFi is the go-to crypto exchange for numerous traders worldwide looking for a secure trading environment with constant opportunities. The platform prioritizes the safety of its users and their assets by using a cutting-edge, impenetrable security system. Here are some of its features:


A No KYC Policy


Most crypto exchanges require their users to undergo a Know-Your-Customer (KYC) procedure to use their services. This practice asks users to provide essential private data, ID, and background information. While the measure is necessary for fighting scammers and money laundering, several platforms prove that it is not fundamental.


BYDFi is a crypto exchange popular among crypto traders' communities because of its discreet No KYC policy. The platform allows users to make daily withdrawals of up to 0.5 BTC without KYC. In fact, traders only have to undergo KYC when withdrawing up to 10 BTC per day.


The No KYC policy from BYDFi enables users to trade cryptocurrencies safely without sacrificing their privacy. It also increases the availability of the platform's services, which are globally available, including in countries where most crypto exchanges do not operate, such as the USA, Canada, and the Netherlands.

Lastly, BYDFi’s No KYC policy enhances the user experience, accelerating trades, deposits, and withdrawals.


Dual authentication


BYDFi ensures optimal protection for user accounts by employing the dual-authentication service from Google Authenticator. This feature prevents unauthorized users from accessing other accounts and the assets they contain.


Deep Cold Storage

The platform stores all assets offline, in deep cold storage wallets, eliminating the risk of exploits and malicious attacks. An additional multi-signature requirement for deposits and withdrawals adds an extra layer of security.


System Security


BYDFi uses state-of-the-art security standards to protect its users and their assets without compromising the platform's performance. For example, its trade aggregation engine is programmed in the kdb+ language, a tool set often used by major financial institutions in high-frequency trading programs. On BYDFi, this system supports over 1 million trades per second.


The platform also uses Amazon Web Services (AWS), an advanced security service well-known for its physical security and internal control. It requires multiple authentications and hardware verification to provide access, drastically reducing the risk of unauthorized, malicious use.


Regular Check-Ups


BYDFi technicians frequently run tests and system check-ups to ensure the platform's security is up to date with the most recent threats. Furthermore, it relies on external audits and assessments from industry-leading security providers to detect and prevent vulnerabilities.


Revolutionizing the Crypto Exchange Landscape


BYDFi stands out for its innovative features and visionary approach. The platform excels in crypto trading services and advanced security measures, providing an exceptional user experience. Its seamless integration with leading media outlets helps BYDFi change how we interpret and interact with digital assets, opening a new era for the crypto exchange sector.


The platform caters to crypto enthusiasts everywhere, welcoming beginners with extensive tools and a smooth initiation in crypto trading. BYDFi genuinely comprehends the traders' needs and endeavors, providing expert users with advanced trading options, in-depth market analyses, and a broad offer of cryptocurrencies and trade pairs.


BYDFi understands that each person possesses distinct deposit and trading strategies. Therefore, it delivers a unique, flexible trading experience where users can craft their own crypto trading journey with all the necessary tools at their disposal.


Lastly, BYDFi has seamlessly integrated with leading media outlets and received Forbes' endorsement, reaffirming its commitment to delivering exceptional services and building trust among traders. Recently, the well-known Top 20 Crypto trading platform for global investors was announced as the winner of two prestigious titles: ‘Best Retail Investor-Friendly Exchange Globe 2024’ and ‘Most Popular Cryptocurrency Exchange Globe 2024’. These accolades were conferred by International Business Magazine as part of its annual awards program.


Sign up to BYDFi for an improved crypto exchange experience.


You can learn more about BYDFi here: Website | X (Twitter) | Discord | Telegram | Medium | YouTube | Reddit | Instagram | LinkedIn

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Elevault's $ELVT Token Public Sale Ending Soon, Launch Set for May 15

By Press Release • 13 May, 2024
Elevault Coin is excited to announce that its public sale is active and will be concluding shortly, following a robust and successful presale period. The official launch of this unique token is set for May 15, offering a remarkable opportunity for traders and holders.  This first-of-its-kind token boasts a blend of proven and innovative tokenomics, providing unlimited opportunity and security for a strong and dynamic community that has rallied impressively so far. Elevault Coin's overarching aim is to foster an intentionally designed, exhilarating, and rewarding token ecosystem that will endure through time. Elevault's Public Sale As the enthusiasm for Elevault Coin continues to grow post-presale, investors are still able to engage in this exceptional opportunity as the public sale draws to a close. The project emphasizes inclusivity, offering multiple sales and airdrop events which have already created vibrant community involvement, allowing enthusiasts to actively shape the currency's path forward. Elevault Coin differentiates itself with its innovative approach, having introduced a money-back guarantee during the presale to allow low-risk participation, a feature continuing through the end of the public sale. This public sale is not just an investment; it's a gateway into the future of the project. The Project's Offer for the Web3 Community Exciting features await the Web3 community with Elevault Coin. The project has implemented reflection mechanics to ensure fair distribution of sale fees among all holders and stakeholders. This foundation guarantees that every community member benefits from these fees, independent of their token holdings. Additionally, Elevault Coin incorporates a recurring lottery system where entries can be obtained through trading and token locking, enhancing the coin's appeal for long-term holding. Moreover, the project introduces an NFT "trade license" system that reduces sales fees for traders and opens up further investment opportunities. Designed with deflationary tokenomics, Elevault Coin aims to maintain its value stable with positive price pressure over time. The project also rewards liquidity providers with a designated share of reflections, bolstering its economic framework. Finally, post-launch, Elevault Coin will enhance community control through on-chain governance, building on the input gathered pre-launch and ensuring security and inclusivity through interim controls. This empowers the community to make critical decisions affecting the project's trajectory. About Elevault Coin Elevault Coin is poised to make a significant impact in the cryptocurrency investment world. By rewarding both trading and holding, it redefines the once-static investment landscape. With its unique and thoughtfully designed tokenomics, the coin nurtures a dynamic community, propelling an investment journey not to be missed. With a strong presale and public sale already under its belt, Elevault Coin invites everyone to join its vision of revolutionizing the crypto investment space. For more details, visit the Elevault Coin website and follow its social media channels ( X , Telegram ) to stay updated and participate in the exciting events leading up to the launch on May 15.

Marine Moguls ERC-404 Launches in 11 Days With ~2.9 Million USDT Prizes

By Press Release • 13 May, 2024
In just 11 days, blockchain will witness a revolutionary shift with the Marine Moguls ERC-404 token and NFT launch on May 25, 2024. This isn't just any token and NFT launch; it's a pioneering venture utilizing the fresh ERC-404 protocol, which combines token fungibility with NFT uniqueness. Every NFT has instant liquidity, and every token has fractional NFT ownership, making buying and trading faster and more flexible.  10,000 Tokens and ~2.9 Million USDT in Prizes The collection features 10,000 randomly generated AI marine creature NFTs that can evolve through crafting and merging. As they evolve, they become rarer and more valuable, unlocking lucrative prizes attached to over 25% of the NFT collection, like 100,000 USDT or 50,000 $METFI - 2,588 of the NFTs have prizes. Exclusive Access to MetBot Beta Stake just one $MOGUL token to enjoy generous APY and early and exclusive access to MetBot. This state-of-the-art AI trading bot is a game-changer in crypto trading. Last week, 100% of closed trades were in profit, with an 8% return the week before and an 80% return in two months. MetBot consistently delivers advanced, transparent, automated trading while your funds remain under your full control with instant withdrawals at any time. Token Distribution The distribution of 10,000 Marine Moguls tokens ensures that anyone can get a piece of the Marine Mogul pie: - Airdrop: 3,000 tokens (30%) for the airdrop campaign closing on 24th May 2024, - Whitelist: 3,000 (30%) to MetFi NFT owners, - Staking: 3,900 (39%) for generous APY disbursements, - Liquidity: 100 (1%) for liquidity. Airdrop Campaign Final Call Visit the Marine Moguls website to join the Airdrop campaign before May 24th, 2024, to claim your free $MOGUL tokens and fractional ownership of the Marine Moguls NFT collection. Join the Marine Moguls Revolution We invite you to participate in the groundbreaking Token Generation Event (TGE) on May 25th, 2024. The Marine Moguls ERC-404 collection will make a fun and powerful statement about the future of finance and an opportunity to be at the forefront of blockchain innovation. To secure your place in this transformative airdrop and launch, visit the Marine Moguls website. Don't miss this unique opportunity to dive into a world where crypto meets creativity, utility, and lucrative rewards. Join us, and let's navigate the exciting waters of the future together with Marine Moguls! About Marine Moguls and MetBot by MetFi Marine Moguls and MetBot, powered by MetFi DAO, redefine AI and digital asset integration using the pioneering ERC-404 protocol. This initiative sets a new standard for blockchain utility, merging token fungibility with the unique traits of NFTs for instant 24/7 NFT liquidity and fractional NFT ownership, broadening access and appeal. Alongside, MetBot dramatically enhances the ecosystem's value. As a cutting-edge AI trading bot, MetBot provides Marine Mogul token holders exclusive access to high-frequency trading that has delivered substantial, transparent returns. This AI bot boasts advanced intelligence and adaptive strategies, maximizing profitability while giving users control over their funds every step of the way. Marine Moguls and MetBot embody MetFi's vision of innovation, decentralization, and a valuable and rewarding digital future. By joining the Marine Moguls airdrop, community members lead an evolving ERC-404 ecosystem that challenges traditional concepts of value and ownership, delivering tangible benefits and sophisticated trading solutions. Official Links Website: https://marinemoguls.com Telegram Chat: https://t.me/MetFiChat Telegram News: https://t.me/MetfiNews Discord: https://discord.gg/MetFiDAO YouTube: https://www.youtube.com/@MetFiDAO TikTok: https://www.tiktok.com/@Metfidao.Official Certik: https://skynet.certik.com/projects/metfi Medium: https://medium.com/@MetFi_DAO LinkedIn: https://www.linkedin.com/company/MetfiOfficial GitHub: https://github.com/metfi CoinMarketCap: https://coinmarketcap.com/currencies/metfi2 CoinGecko: https://www.coingecko.com/en/coins/metfi Instagram: https://instagram.com/metfidao

Earn Passive Gold with ShadowGold: The DeFi RWA Token Backed by Physical Gold

By Press Release • 13 May, 2024
ShadowFi is set to launch ShadowGold (SDG), the first DeFi token with a liquidity pool 50% backed by physical gold and 50% by MATIC. This unique composition offers investors stability in volatile markets and sets ShadowGold apart from other DeFi tokens. ShadowGold has already amassed a starting liquidity of approximately $250,000, demonstrating the project's established presence and investor confidence.  ShadowGold is new money for the real world, backed by real gold ShadowGold holders earn passive gold rewards through PAXG reflections on each transaction. The token also grants access to exclusive equity investment opportunities, bridging traditional and decentralized finance. ShadowFi is also developing ShadowPay, the final piece in its ambitious DeFi roadmap, enabling ShadowGold holders to privately spend their gold, making it both an investment vehicle and a practical medium of exchange. Built on the secure, scalable Polygon network, ShadowGold has undergone rigorous auditing by Cyberscope to ensure the highest standards of security and integrity. ShadowFi maintains a strict commitment to user privacy, with no KYC checks, identity verification, or transaction monitoring. The ShadowGold presale kicks off on May 15th at 11PM UTC and will be open for 72 hours. During this time, investors can purchase SDG tokens at reduced prices, beginning at $0.02 and progressively rising to $0.0275 across four stages. Following the presale, ShadowGold will be publicly launched on May 19th, with an initial price set at $0.0357 per token. To participate in the presale or learn more, visit shadowfi.com . About ShadowGold The team behind ShadowGold (SDG) has a proven track record in DeFi since 2021, previously reaching a $45 million market cap and offering the first anonymous debit cards. Now, as ShadowGold, the innovation pivots into Real World Assets (RWA). X (Twitter) | Telegram | Website | YouTube | Whitepaper

Leetah Launches Presale Phase for LEET Tokens Eyeing $5 Million Soft Cap

By Press Release • 09 May, 2024
The Leetah project has officially launched its presale phase for the platform's native token, LEET. The project takes inspiration from the term "Leet" ("elite") and the features of a cheetah in a fun crypto twist. With a 5-phased roadmap, this new meme coin has a serious design that wants to bring value to its community. The ongoing presale phase aims to raise a soft cap of $5 million, a new important milestone for the project.  Leetah's Presale and Engagement Opportunities The project's presale will start at an initial price of $0.0065 for each LEET token. The team plans to leave the presale open until investors buy all allocated tokens. Specifically, with a total supply of 1,337 billion tokens, the presale will allocate 35% of this amount. Another 25% will let the team develop the project through its roadmap. LEET will go live through a decentralized exchange (DEX), for which the team allocated 30% of the token supply. The remaining 20% will cover marketing expenses (10%), airdrops (5%), and affiliates benefits (5%). The project will also feature a "Refer and Earn" program. The initiative will allow participants to earn additional LEET tokens by referring friends and family to the presale. With a 10% reward on their referrals' purchases in USDT, this program incentivizes active promotion and engagement within the community. Multi-Chain Launch Plans Leetah aims to launch on multiple blockchain platforms, including Ethereum, BNB Chain, and Solana. This approach will not only promote accessibility for investors but also set the foundation for potential expansion in the future. The project has already gained traction within select alpha communities with its unique presale strategy and innovative features. Specifically, this project's plans feature five different phases: Phase 1 (or "LeeTah is born") involves launching social channels and the website, followed by the presale phase. Phase 2 ("LeeTah grows") focuses on community building and marketing initiatives while passing a contract audit for security purposes. Phase 3 ("LeeTah roars") will see an increase in marketing efforts and community contests. At this stage, the team also expects to conclude the presale phase. Phase 4 ("LeeTah sprints") will mark the launch of Leetah's NFT collection and its listing on CoinGecko and CoinMarketCap. Finally, Phase 5 ("LeeTah Feeds") will involve the project's listing on major centralized exchanges and the launch of LEET TOOLS. About Leetah Leetah is a project driven by experienced developers to implement and test cutting-edge technologies in blockchain and digital token offerings. The project aims to be a leading name in Web3, pushing boundaries for investors and cryptocurrency enthusiasts worldwide. The ongoing presale phase for its native token, LEET, aims to raise a soft cap of $5 million. Leetah plans to launch on multiple blockchain platforms and has an ambitious roadmap featuring 5 phases of development. With its unique concept and strong team, Leetah wants to leave its mark in the Web3 sector. Anyone curious about Leetah and the LEET token can visit the project's website . The social media pages below frequently share news on Leetah's developments. X (Twitter) | Telegram
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