How to Claim Your First Deposit Bonus on BYDFI and Start Trading

Dipping into crypto can be intimidating, but BYDFi makes it a lot easier – especially with its tempting first deposit bonus that gives you extra capital to trade with confidence.

Whether you’re a new trader or looking for a platform that offers a smooth, data-driven, and rewarding trading experience, the welcome bonus on BYDFi is a great place to start.

Let’s find out how to claim your first deposit bonus on BYDFi and begin trading with additional funds today.

1What is BYDFi?

2Why Should You Claim the First Deposit Bonus?

3How to Claim Your First Deposit Bonus on BYDFi

4How Can You Start Trading with Your Bonus Fund?

5MoonX – Trade MemeCoins with Advanced Tools

6Is BYDFi Safe for New Traders?

7What Makes BYDFi Unique?

8Final Thoughts

What is BYDFi?

First, let’s find out why BYDFi is emerging as a leading platform for traders across the globe. BYDFi is a one-stop social trading platform that was introduced in 2020 and is trusted by more than 1 million users from over 190 countries.

It offers all that from spot trading to perpetual contracts, copy trading, grid bots, and now MoonX, its advanced Web3 on-chain MemeCoin trading tool.

With BYDFi, you can access over 700 cryptocurrencies and up to 200x leverage, all on a highly secure, easy-to-use platform Forbes ranked as one of the world’s top 10 crypto exchanges in 2023.

Why Should You Claim the First Deposit Bonus?

Imagine having extra capital added to your first deposit, giving you more trading power and less exposure as you become accustomed to the markets.

BYDFi’s first deposit bonus is part of its New User Welcome Package, which amounts to up to 8,100 USDT. The welcome package is meant to:

Help new traders build confidence with extra capital.

Allow you to experiment with different trading tools, including MoonX, copy trading, and grid bots.

Maximize your potential profits without increasing your initial investment.

How to Claim Your First Deposit Bonus on BYDFi

1. Create Your BYDFi Account

Start by visiting BYDFi’s official website. Click on the “Sign Up” button at the top right corner. Fill in your email address, create a secure password, and verify your email to complete your registration.

2. Set Up Two-Factor Authentication (2FA)

Security is important, and BYDFi protects your money with industry-standard measures. Sign in and navigate to your security options, then enable 2FA. This adds an extra layer of protection for your account.

3. Make Your First Deposit

To qualify for the first deposit bonus:

Sign into your account.

Click “Deposit” and choose the funding option of your preference – BYDFi accepts credit cards, debit cards, bank transfers, and crypto transfers.

Enter the amount you would like to deposit, follow the instructions, and await your funds to appear.

4. Claim Your Bonus

Following a successful deposit, navigate to the “Welfare Center” in your user dashboard. You’ll have the welcome bonus offer available for claiming. Click “Claim Now,” and the bonus amount will be credited to your account instantly.

For offers and step-by-step instructions, view their Welcome Bonus on BYDFi.

Also Read – Binance has Launched “Will Function” to Allow Users Give Crypto Assets to Next of Kin

How Can You Start Trading with Your Bonus Fund?

With your deposit bonus ready, you can start trading. BYDFi offers diverse trading options that cater to the style of every trader:

1. Spot Trading

Buy and sell popular cryptocurrencies like BTC, ETH, XRP, DOGE, and thousands of altcoins available on BYDFi’s spot market. With very low fees and deep liquidity, trading is fast and seamless.

2. Perpetual Contracts

Benefit from up to 200x leverage on over 400 perpetual contract pairs, including USDT-M and Coin-M pairs. This enables you to magnify profits with small capital, but always employ leverage responsibly to reduce risks.

3. Copy Trading

If you’re a beginner or prefer passive income strategies, BYDFi copy trading allows you to automatically copy trades from top professional traders. Simply choose a trader based on their performance statistics, set the amount to invest, and let the system take care of it.

4. Demo Trading

Practice with 50,000 USDT demo money to discover the market before you start trading with real funds.

MoonX – Trade MemeCoins with Advanced Tools

BYDFi recently launched MoonX, a powerful Web3 on-chain MemeCoin trading tool designed for Degen traders. MoonX gives you:

Access to 500,000+ MemeCoin trading pairs across Solana, BNB Chain, and other major blockchains.

Real-time Smart Money Tracking to detect whale moves and institutional trades.

One-click copy trading from whales and top influencers.

Advanced risk management tools like take-profit, stop-loss, and sell-half-on-double strategies.

MoonX combines CEX-level trading smoothness and decentralized advantages, offering you an ultra-smooth trading experience. It is currently offering zero-fee trading for a limited time, so you can test its features risk-free.

Trading Bots and Grid Strategies

Employ BYDFi’s bots like Spot Investment, Martingale Strategy, and Grid Trading to automate your trades. They are ideal for harvesting profits in volatile markets without emotional decisions clouding your trades.

Is BYDFi Safe for New Traders?

Yes. BYDFi uses best-in-class security measures:

Cold wallet storage to store your cryptocurrency funds offline.

Multi-party approvals for transactions to prevent unauthorized access.

MPC & TEE technology for decentralized key management.

Real-time third-party security audit via GoPlus to detect vulnerabilities and scam tokens in real-time.

In combination with its dual MSB licenses in the US and Canada, BYDFi ensures compliance and reliability in all its operations.

Also Read – Ponzi Scheme: SEC Flags Tofro as a Fraudulent Crypto Platform!

What Makes BYDFi Unique?

Forbes Recommended: One of the world’s top 10 exchanges in 2023.

High Leverage: Get up to 200x leverage on perpetual contracts.

Extensive Market Access: Access to over 700 spot pairs and 500,000+ MemeCoin pairs on MoonX.

User-Friendly: Invest with as low as $10, for everyone.

Professional Support: 24/7 live chat and email support for customers.

Final Thoughts

Your initial deposit bonus at BYDFi is simple to claim and valuable. It gives you more money to trade with, reduces your initial risk, and provides access to one of the most sophisticated crypto trading platforms in existence today.

If you’re ready to start trading with confidence and get in the game of MemeCoins, spot trading, and pro trading bots, register for your Welcome Bonus on BYDFi today. It only takes a few minutes to get started, but the potential is limitless.