# BYDFi

- URL: https://brokerate.io/exchanges/bydfi
- Updated: 2026-04-11
- Status: active
- Type: CEX (Spot), CEX (Derivatives)
- Founded year: 2019
- HQ country: SG
- Website: https://www.bydfi.com
- Support URL: Unknown
- KYC level: basic
- Fiat onramp: No
- Fiat supported: Unknown
- Available regions: Unknown
- Restricted regions: Crimea, Donetsk, Luhansk, Cuba, Hong Kong, Iran, North Korea, Singapore, Sudan, the United States (including Puerto Rico, Guam, U.S. Virgin Islands, American Samoa, Northern Mariana Islands, and the U.S. Minor Outlying Islands), Iraq, Libya, Yemen, Afghanistan, Central African Republic, Democratic Republic of the Congo, Guinea-Bissau, Haiti, Lebanon, Somalia, South Sudan, Angola, Bangladesh, Belarus, Burundi, Cameroon, Canada, China (Mainland / PRC), Côte d’Ivoire (Ivory Coast), Eritrea, Ethiopia, Guinea, India, Liberia, Mali, Marshall Islands, Myanmar, Rwanda, Sevastopol, Serbia, France, Sierra Leone, Venezuela, Zimbabwe, Trinidad and Tobago, United Arab Emirates (UAE), and Syria
- Confidence: 50
- Last verified: Unknown

BYDFi is a centralized cryptocurrency exchange focused on giving users access to spot trading, futures trading, and strategy-based tools in one platform. On its official About page, BYDFi says it was founded in 2020 and was built around the idea of making crypto trading simple, secure, and accessible, with products including Futures, Spot, Copy Trading, and Grid/Trading Bots.

The exchange presents itself as a feature-rich platform for active traders rather than just a basic buy-and-sell app. Its site highlights advanced trading functions, mobile access, and support for a wide range of crypto assets, while third-party tracking on CoinGecko shows BYDFi as an established exchange with a Trust Score of 7/10, which is meant to reflect factors like liquidity, scale, and security signals.

On security and transparency, BYDFi strongly emphasizes Proof of Reserves and says it maintains full backing of user assets with reserve ratios above 100% for major coins. Its Proof of Reserves page currently shows approximate reserve ratios of 157% for BTC, 171% for ETH, and 154% for USDT, along with an 800 BTC protection fund, which the company presents as an added safeguard for users