Home » ‘BYDFi named Top Retail Investor-Friendly Cryptocurrency Exchange of 2024’

‘BYDFi named Top Retail Investor-Friendly Cryptocurrency Exchange of 2024’

by Dubaiforum

BYDFi, a well-known Top 20 Crypto trading platform for global investors based in Dubai, UAE, has recently been honored with two prestigious titles – ‘Best Retail Investor-Friendly Exchange Globe 2024’ and ‘Most Popular Cryptocurrency Exchange Globe 2024’. The awards were presented by International Business Magazine as part of its annual awards program.

The recognition comes in light of BYDFi’s recent developments and introduction of investor-friendly features. The platform has collaborated with BANXA, Transak, Mercuryo, and Coinify to support over 60 fiat currencies and over 400 cryptocurrencies. BYDFi offers spot and derivatives trading, catering to both seasoned and amateur traders with a wide range of products. With over 200x leverage, BYDFi prioritizes security and transparency through various security settings and a dedicated fee page. By supporting credit cards, debit cards, and bank transfers for deposits, BYDFi has become the most investor-friendly exchange globally in 2024. Serving over 500,000 users in 150 countries, BYDFi has also earned the title of the most popular cryptocurrency exchange in the world.

The platform’s industry-leading liquidity has led to significant growth in trading volume displayed on Coingecko. It is anticipated that BYDFi may break into the top 10 rankings this year, offering over 600 spot trading pairs and over 250 derivatives trading pairs.

Following the award announcement, Shankar Shivaprasad, CEO of International Business Magazine, praised BYDFi for its user-friendly interface, spot trading access, leveraged perpetual contracts, and unique leverage tokens. He highlighted the platform’s seamless trading experience and dedicated customer support.

Michael Hung, CEO of BYDFi, expressed his gratitude to International Business Magazine for the two award titles, emphasizing the platform’s commitment to creating a responsible trading community and prioritizing user needs amidst regulatory uncertainties and market volatility. BYDFi aims to provide a secure and innovative trading environment while educating users on cryptocurrency trading complexities.

BYDFi, formerly known as BitYard, is a leading blockchain centralized exchange established in 2020. The platform focuses on offering safe, convenient, and innovative digital asset trading services to global users, promoting the development of the digital economy and global financial inclusion.

For more information about BYDFi, visit their website at https://www.bydfi.com/.

International Business Magazine is a global platform for business news covering various sectors such as Banking, Insurance, Investments, Real Estate, Technology, Healthcare, and more. With over 300,000 views monthly and around 4.2 million views annually, the platform conducts an annual awards ceremony in Dubai to recognize outstanding contributions in the business world. Learn more about International Business Magazine at https://intlbm.com/.

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