Skip to content

Ranked in 0 of 16 countries · Exchange

BYDFi Review (October 2026): Fees, Licences and Where It Works

By Vahe Hakobyan Verified No affiliate links

  • Taker fee0.10%
  • Maker fee0.10%
  • Coins153
  • CustodyCustodial
  • Founded2020
  • Headquarters— Not verified

Our verdict

BYDFi, formerly BitYard, is a crypto exchange launched in 2020 that offers spot trading, perpetual futures with high leverage, copy trading, grid and other trading bots, a demo account and card-based crypto purchases. Its spot list holds about 150 USDT pairs, while futures and on-chain meme trading cover more tokens.

Pros

  • Simple base spot fee of 0.1% for makers and takers
  • Copy trading, trading bots and a demo futures account
  • Fiat on-ramp for buying crypto by card

Cons

  • Ontario regulator warns it is not registered there
  • No official proof-of-reserves page found
  • Spot order book lists only about 150 assets

Where BYDFi works

CountryStatusRankLocal licence
USANot available—— Not verified

How secure is BYDFi?

Proof of reserves
— Not verified
Custody
Custodial

Incidents since 2019

  • 2025enforcementOn 10 February 2025 the Ontario Securities Commission issued an investor warning that BYDFi is not registered in Ontario to trade in securities.

Crypto held on a platform is generally not covered by deposit insurance.

What you can do on BYDFi

  • Spot
  • Futures
  • Earn
  • Copy trading

Products can differ by country; check what the platform offers where you live.

BYDFi FAQ

What are BYDFi's trading fees?

At the base tier of its main order book BYDFi charges 0.10% maker and 0.10% taker. Volume tiers and promotions can lower this.

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.