<img src="https://uploads.bydfi.in/events/cms/BYD.1743629539303.image.png" alt="BYD.1743629539303.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743629539303.image.png" style=""/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts: Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: <a href="https://www.bydfi.com/swap/kilo-usdt" target="" style="text-align: start;">KILO/USDT</a> Note: Change of Funding Rate Interval: Effective from April 03, 2025, 08:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/04/03

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pair (2025/04/03)

<img src="https://uploads.bydfi.in/events/cms/BYD.1743542806072.image.png" alt="BYD.1743542806072.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743542806072.image.png" style="width: 100%;"/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts: Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: <a href="/swap?id=HIPPO-USDT" target="">HIPPO/USDT</a> Note: Change of Funding Rate Interval: Effective from April 02, 2025, 08:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/04/02

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pair (2025/04/02)

<img src="https://uploads.bydfi.in/events/cmsBYD.1742438365249.image.png" alt="BYD.1742438365249.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1742438365249.image.png" style="width: 100%;"/>Dear BYDFi Users, BYDFi has completed the BinaryX (BNX) token swap and rebranding to Four (FORM).<ul><li style="text-align: start;">BNX tokens have been swapped to FORM at a ratio of 1:1</li></ul> Please Note:<ul><li style="text-align: start;">After the replacement, BYDFi no longer supports the old BNX tokens;</li><li style="text-align: start;">After the replacement is completed, BYDFi no longer supports the deposit of old BNX tokens, please check carefully to avoid asset losses.</li></ul> BNX Contract Address：<ul><li style="text-align: start;">https://bscscan.com/token/0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD</li></ul> FORM Contract Address：<ul><li style="text-align: start;">https://bscscan.com/token/0x5b73A93b4E5e4f1FD27D8b3F8C97D69908b5E284</li></ul> For more information, please refer to:<ul><li style="text-align: start;"><a href="https://www.bydfi.com/en/support/ANNOUNCEMENT/articles/cy707qwltpjs?title=BYDFi+Will+Support+the+BinaryX+%28BNX%29+Token+Swap+and+Rebranding+to+Four+%28FORM%29+%282025%2F03%2F14%29" target="_blank">BYDFi Will Support the BinaryX (BNX) Token Swap and Rebranding to Four (FORM)</a></li></ul> We apologize for any inconvenience this may cause. Thank you for your support! BYDFi Team2025/03/20

BYDFi Completes the BinaryX (BNX) Token Swap and Rebranding to Four (FORM) (2025/03/20)

<img src="https://uploads.bydfi.in/events/cmsBYD.1742206212887.%E6%8E%A8%E7%89%B9%E6%8A%B9%E9%BB%91%E6%BE%84%E6%B8%85%20-%20X%20%281200_675%29-en.jpg" alt="BYD.1742206212887.推特抹黑澄清 - X (1200_675)-en.jpg" data-href="https://uploads.bydfi.in/events/cmsBYD.1742206212887.推特抹黑澄清 - X (1200_675)-en.jpg" style=""/>Dear BYDFi Users,Recently, we have noticed misleading accusations made by the content creator ExtraVOD on social media against BYDFi. To ensure transparency and clarity for all our users, we would like to present the facts of the situation. <h3>January 25: Detection of Abnormal Trading Activity</h3>When ExtraVOD’s first account reached the perpetual risk limit, he opened a second account to bypass restrictions. BYDFi identified abnormal trading activities and ExtraVOD was reminded of <a href="https://www.bydfi.com/en/support/FAQS/articles/uhdkk6fu52s6?title=User+Agreement" target="_blank">BYDFi’s User Agreement (9.2 and 9.3)</a> and the <a href="https://www.bydfi.com/en/swap-info?page=5&type=usdt" target="_blank">risk limits for perpetual contracts</a>.<h3>January 26: Admission & Request for Content Removal</h3>ExtraVOD claimed ignorance of the policy but admitted to creating a second account for high-frequency trading. BYDFi requested the removal of misleading content from his social media.<h3>January 28-29: Agreement & Fund Transfers</h3>Following negotiations, an agreement was reached. All funds in ExtraVOD’s main account remained fully accessible, while deposit funds from the sub-account were merged into the main account. ExtraVOD acknowledged the resolution and publicly confirmed it. Over the next month, he continued trading actively.<h3>March 1 - March 5: Contradictory Claims & Renewed Demands</h3>A month later, ExtraVOD re-engaged, demanding profit funds from the sub-account.BYDFi support reiterated that, per the January agreement, all deposited funds had already been returned to main account.<h3>March 11-15: Threats & Misinformation</h3>ExtraVOD escalated the situation, threatening to expose the issue on social media unless his demands were met. He altered his stance, now claiming the second account belonged to his family. He then released a video urging his followers to pressure BYDFi into returning the funds. <h3>5 Years. 1 Principle: Rules &gt; Followers.</h3>BYDFi upholds integrity and transparency to ensure a fair trading environment for all users. All legitimate funds were returned to ExtraVOD’s verified account, but trading profits were voided due to rule violations.BYDFi will not tolerate defamatory actions and reserves the right to take legal action against any damages caused by misleading claims. The misuse of multiple accounts to bypass risk limits is a violation of policies across all trading platforms. BYDFi Team

Official Statement on Abnormal Trading Activities

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 <img src="https://uploads.bydfi.in/events/cmsBYD.1741839347456.image.png" alt="BYD.1741839347456.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741839347456.image.png" style="width: 100%;">Dear BYDFi Users,
 
 To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts:
 Change: The funding rate interval, formerly every 8 hours, is now every 4 hours
 
 Trading Pair: <a href="https://www.bydfi.com/en/swap/tia-usdt" target="_blank">TIA</a>, <a href="https://www.bydfi.com/en/swap/vana-usdt" target="_blank">VANA</a>, <a href="https://www.bydfi.com/en/swap/pippin-usdt" target="_blank">PIPPIN</a>
 
 Note: Change of Funding Rate Interval: Effective from March 17, 2025, 20:00 UTC+8
 
 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a>
 
 Thank you for your support!
 
 BYDFi Team
 2025/03/17
 
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Adjustment of Funding Rate Interval for Perpetual Contract Trading Pairs (2025/03/17)

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 <img src="https://uploads.bydfi.in/events/cmsBYD.1741920556301.image.png" alt="BYD.1741920556301.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741920556301.image.png" style="width: 100%;">Dear users.
 
 To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts:
 Change: The funding rate interval, formerly every 8 hours, is now every 4 hours
 
 Trading Pair: <a href="https://www.bydfi.com/en/swap/trb-usdt" target="_blank">TRB</a>, <a href="https://www.bydfi.com/en/swap/flm-usdt" target="_blank">FLM</a>, <a href="https://www.bydfi.com/en/swap/j-usdt" target="_blank">J</a>
 
 Change: The funding rate interval, formerly every 4 hours, is now every 8 hours
 
 Trading Pair: <a href="https://www.bydfi.com/en/swap/rad-usdt" target="_blank">RAD</a>
 
 Note: Change of Funding Rate Interval: Effective from March 14, 2025, 12:00 UTC+8
 
 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a>
 
 Thank you for your support!
 
 BYDFi Team
 2025/03/14
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Adjustment of Funding Rate Interval for Perpetual Contract Trading Pairs (2025/03/14)

<img src="https://uploads.bydfi.in/events/cmsBYD.1741842587483.image.png" alt="BYD.1741842587483.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741842587483.image.png" style="width: 100%;"/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts: Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: <a href="https://www.bydfi.com/swap/kas-usdt" target="_blank">KAS/USDT</a> Note: Change of Funding Rate Interval: Effective from March 13, 2025, 20:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/03/13

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pair (2025/03/13)

<img src="https://uploads.bydfi.in/events/cmsBYD.1741839347456.image.png" alt="BYD.1741839347456.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741839347456.image.png" style="">Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts:Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: <a href="https://www.bydfi.com/en/swap/red-usdt" target="_blank">RED</a>，<a href="https://www.bydfi.com/en/swap/giga-usdt" target="_blank">GIGA</a> Note: Change of Funding Rate Interval: Effective from March 13, 2025, 12:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/03/13

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pairs (2025/03/13)

<img src="https://uploads.bydfi.in/events/cmsBYD.1741794158774.image.png" alt="BYD.1741794158774.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741794158774.image.png" style=""/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts:Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: JAILSTOOL Note: Change of Funding Rate Interval: Effective from March 13, 2025, 04:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/03/12

<img src="https://uploads.bydfi.in/events/cmsBYD.1741589183872.image.png" alt="BYD.1741589183872.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741589183872.image.png" style=""/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts: Change: The funding rate interval, formerly every 8 hours, is now every 2 hours Trading Pair: B3 Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: AUCTION、NMR、IP、ATH、LUMIA and NOT Note: Change of Funding Rate Interval: Effective from March 10, 2025, 16:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/03/10

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pairs (2025/03/10)

<img src="https://uploads.bydfi.in/events/cmsBYD.1741260401117.image.png" alt="BYD.1741260401117.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1741260401117.image.png" style="width: 100%;"/>Dear users. To enhance user protection, BYDFi will be adjusting the Funding Rate Interval for several Perpetual Contract Trading Pairs. The adjustments will be made for the following contracts:Change: The funding rate interval, formerly every 8 hours, is now every 4 hours Trading Pair: ONDO, GRASS, S, BERA, AVA, SOLV, BROCCOLI, NEIROETH, PNUT, WIF and BONK Note: Change of Funding Rate Interval: Effective from March 6, 2025, 20:00 UTC+8 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a> Thank you for your support! BYDFi Team2025/03/06

Adjustment of Funding Rate Interval for Perpetual Contract Trading Pairs (2025/03/06)

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 Dear BYDFi Users,
 
 BYDFi has completed the Fantom (FTM) token swap and rebranding to Sonic (S).
 <ul>
 <li style="text-align: start;">FTM tokens have been swapped to S at a ratio of 1:1</li>
 </ul>
 
 Please Note:
 <ul>
 <li style="text-align: start;">After the replacement, BYDFi no longer supports the old FTM tokens;</li>
 <li style="text-align: start;">After the replacement is completed, BYDFi no longer supports the deposit of old FTM tokens, please check carefully to avoid asset losses.</li>
 </ul>
 
 FTM contract address/mainnet:
 <ul>
 <li style="text-align: start;"><a href="https://etherscan.io/token/0x4e15361fd6b4bb609fa63c81a2be19d873717870" target="">https://etherscan.io/token/0x4e15361fd6b4bb609fa63c81a2be19d873717870</a></li>
 <li style="text-align: start;"><a href="https://ftmscan.com/" target="">https://ftmscan.com/</a></li>
 </ul>
 
 S mainnet:
 <ul>
 <li style="text-align: start;"><a href="https://explorer.soniclabs.com/" target="">https://explorer.soniclabs.com/</a></li>
 </ul>
 
 For more information, please refer to:
 <ul>
 <li style="text-align: start;"><a href="https://support.bydfi.com/hc/en-us/articles/11614890816399-Announcement-on-Supporting-Fantom-FTM-Token-Replacement-and-Brand-Upgrade-to-Sonic-S-2025-01-06" target="_blank">BYDFi Will Support the Fantom (FTM) Token Replacement and Brand Upgrade to Sonic (S)</a></li>
 </ul>
 
 We apologize for any inconvenience this may cause. Thank you for your support! 
 BYDFi Team
 2025/01/07
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BYDFi Completes the Fantom (FTM) Token Swap and Rebranding to Sonic (S) (2025/01/07)

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 Dear Users,
 BYDFi will rename Flux (FLUX1) to Flux (FLUX) with the following arrangements:
 
 <ul>
 <li style="text-align: start;">Trading for FLUX1 will be closed at 2025-01-14 16:00 (UTC+8), at which all pending orders will be canceled;</li>
 <li style="text-align: start;"></li>
 <li>FLUX1 tokens will assume the ticker of FLUX on BYDFi after the renaming is completed</li>
 <li></li>
 </ul>
 
 Please note:
 <ul>
 <li style="text-align: start;">The token ticker change does not involve any token swap. The contract address will remain unchanged.</li>
 </ul>
 
 We apologize for any inconvenience this may cause. Thanks for your support!
 
 BYDFi Team
 2025/01/14
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BYDFi Will Rename Flux (FLUX1) to Flux (FLUX) (2025/01/14)

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 <img src="https://uploads.bydfi.in/events/cmsBYD.1740382863116.image.png" alt="BYD.1740382863116.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1740382863116.image.png" style="width: 100%;">
 Dear Users,
 
 Starting at approximately 2025-01-15 09:30 (UTC+8), BYDFi will suspend the withdrawals of token on the <a href="https://www.bydfi.com/en/spot/elf_usdt" target="_blank" style="text-align: start;">The Aelf (ELF)</a> network to support its network upgrade and hard fork to ensure the best user experience.
 The network upgrade and hard fork will take place at the block height of 252256057, which is estimated to take place on 2025-01-15 10:00 (UTC+8).
 
 Please note:
 <ul>
 <li style="text-align: start;">The trading of token on the aforementioned networks will not be impacted.</li>
 <li style="text-align: start;">BYDFi will handle all technical requirements involved for all users.</li>
 <li style="text-align: start;">Withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.</li>
 </ul>
 
 For more information, please refer to the <a href="https://blog.aelf.com/posts/aelf-reschedules-upgrade-v1120" target="_blank">announcement</a> from the project team.
 
 Thank you for your support!
 
 BYDFi Team
 2025/01/13
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BYDFi Will Support the Aelf (ELF) Network Upgrade(2025/01/15)

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 <img src="https://support.bydfi.com/hc/article_attachments/11731468499087" alt="new announcement.jpg" data-href="" style="width: 100%;">Dear Users,
 
 <a href="https://www.bydfi.com/en" target="_self">BYDFi</a> will support the Prosper (PROS) contract swap at 2025/01/20 12:00 (UTC+8) with the following arrangements:
 <ul>
 <li style="text-align: start;">Trading of PROS will not be affected during the contract swap;</li>
 <li style="text-align: start;">The token swap will be conducted at a 1:1 ratio.</li>
 <li style="text-align: start;">The PROS token ticker will remain unchanged after the contract swap.</li>
 </ul>
 
 
 Important Notes
 <ul>
 <li>BYDFi will handle all technical requirements involved for all users holding PROS in their BYDFi accounts.</li>
 </ul>
 
 Relevant Contract Addresses
 Former Contract Address：
 <ul>
 <li style="text-align: left;">https://etherscan.io/token/0x8642A849D0dcb7a15a974794668ADcfbe4794B56</li>
 <li><a href="https://bscscan.com/token/0xed8c8aa8299c10f067496bb66f8cc7fb338a3405" target="">https://bscscan.com/token/0xed8c8aa8299c10f067496bb66f8cc7fb338a3405</a></li>
 <li>New Contract Address：</li>
 <li style="text-align: left;">https://etherscan.io/token/0x915424ac489433130d92b04096f3b96c82e92a9d</li>
 <li style="text-align: left;"><a href="https://bscscan.com/token/0x915424ac489433130d92b04096f3b96c82e92a9d" target="">https://bscscan.com/token/0x915424ac489433130d92b04096f3b96c82e92a9d</a></li>
 </ul>
 
 We apologize for any inconvenience this may cause. Thanks for your support!
 
 BYDFi Team
 2025/01/15
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BYDFi Will Support the Prosper (PROS) Contract Swap (2025/01/20)

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 Dear Users,
 BYDFi will rename MAGA (TRUMP) to MAGA (MAGATRUMP) with the following arrangements:
 
 <ul>
 <li style="text-align: start;">Trading for TRUMP will be closed at 2025-01-18 18:00 (UTC+8), at which all pending orders will be canceled;</li>
 <li style="text-align: start;"></li>
 <li>TRUMP tokens will assume the ticker of MAGATRUMP on BYDFi after the renaming is completed</li>
 </ul>
 Please note:
 <ul>
 <li style="text-align: start;">The token ticker change does not involve any token swap. The contract address will remain unchanged.</li>
 </ul>
 
 We apologize for any inconvenience this may cause. Thanks for your support!
 
 BYDFi Team
 2025/01/18
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BYDFi Will Rename MAGA (TRUMP) to MAGA (MAGATRUMP) (2025/01/18)

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 Dear users.
 
 BYDFi will adjust the withdraw limit on 2025/02/28, details as follows:
 <table style="width: 100%;">
 <tbody>
 <tr>
 <td colspan="1" rowspan="1" width="auto">Completion of KYC</td>
 <td colspan="1" rowspan="1" width="auto">VIP Level</td>
 <td colspan="1" rowspan="1" width="auto">Before Adjustment (BTC)</td>
 <td colspan="1" rowspan="1" width="auto">After Adjustment (USDT)</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">Not Completed KYC</td>
 <td colspan="1" rowspan="1" width="auto"></td>
 <td colspan="1" rowspan="1" width="auto">0.5</td>
 <td colspan="1" rowspan="1" width="auto">50,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="7" width="auto">Completed KYC</td>
 <td colspan="1" rowspan="1" width="auto">VIP 0</td>
 <td colspan="1" rowspan="1" width="auto">6</td>
 <td colspan="1" rowspan="1" width="auto">500,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">VIP 1</td>
 <td colspan="1" rowspan="1" width="auto">12</td>
 <td colspan="1" rowspan="1" width="auto">800,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">VIP 2</td>
 <td colspan="1" rowspan="1" width="auto">20</td>
 <td colspan="1" rowspan="1" width="auto">1,000,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">VIP 3</td>
 <td colspan="1" rowspan="1" width="auto">25</td>
 <td colspan="1" rowspan="1" width="auto">1,500,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">VIP 4</td>
 <td colspan="1" rowspan="1" width="auto">35</td>
 <td colspan="1" rowspan="1" width="auto">2,000,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">VIP 5</td>
 <td colspan="1" rowspan="1" width="auto">40</td>
 <td colspan="1" rowspan="1" width="auto">2,500,000</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto">SVIP</td>
 <td colspan="1" rowspan="1" width="auto">45</td>
 <td colspan="1" rowspan="1" width="auto">3,000,000</td>
 </tr>
 </tbody>
 </table>
 
 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a>
 
 Thank you for your support!
 
 BYDFi Team
 2025/02/18
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BYDFi Withdraw Limit Adjust Announcement (2025/02/28)

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 <h3 style="text-align: start;">Seychelles, 2nd October 2024 – BYDFi</h3>
 The global leader in cryptocurrency exchange and Web3 innovation has published its latest monthly report on Proof-of-Reserves (PoR). The update details the reserve ratios for Bitcoin (BTC), Ethereum (ETH), and USDT, demonstrating the platform’s dedication to transparency and security. The report also highlights significant growth in both user assets and platform reserves, reinforcing BYDFi’s commitment to its users.
 As of October 2nd, 2024, BYDFi has achieved an extraordinary total reserve ratio exceeding 158%. The most recent reserve ratios for key assets are as follows:
 <ul>
 <li style="text-align: start;">BTC: &nbsp;Reserve Ratio exceeding 157%.</li>
 <li style="text-align: start;">ETH: Reserve Ratio exceeding 171%.</li>
 <li style="text-align: start;">USDT: Reserve Ratio exceeding 154%.</li>
 </ul>
 
 &nbsp; BYDFi has seen a significant strengthening of its reserves across all major assets. This improvement highlights the platform's commitment to financial stability and user security, further establishing BYDFi as a trusted exchange in the cryptocurrency space. User assets for BTC and ETH have seen notable growth, with BTC's reserve ratio rising to 157%. Additionally, the reserve ratios for USDT have significantly improved, reaching 171%, respectively. This robust performance underscores BYDFi's commitment to maintaining strong financial backing for its users.
 
 &nbsp; "BYDFi dedication to sharing monthly Proof-of-Reserves updates ensures the safety of our user assets. We are focused on creating a ‘BUIDL Your Dream Finance’ platform that prioritizes user needs while embracing innovation in cryptocurrency trading. Together, we aim to set the benchmark for trust and reliability in the industry" said Michael Hung, CMO at BYDFi
 <ul>
 <li style="text-align: start;">The audit report page from Hacken.</li>
 <li style="text-align: start;"><a href="https://por.hacken.io/en-US/bydfi" target="_blank">Important information about the security of the BYDFi platform.</a></li>
 </ul>
 
 About BYDFi
 BYDFi is a company registered in Seychelles and was founded in 2019 to design, manage and operate a professional platform for the provision of <a href="https://www.bydfi.com/en/swap/btc-usdt" target="_blank">cryptocurrency contracts</a> and related services that are trusted by many users.
 We offer cross-platform trading through our website and mobile application, providing highly liquid orders for cryptocurrency contracts for all major cryptocurrencies in the market.
 <a href="https://www.bydfi.com/en" target="_blank" style="text-align: start;">Official Website</a> | <a href="https://x.com/BYDFi" target="" style="text-align: start;">X</a> | <a href="https://t.me/BYDFiEnglish" target="_blank" style="text-align: start;">Telegram</a>
 
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BYDFi Proof-of-Reserves and User Assets Report - October

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 Dear users.
 
 BYDFI will adjust the VIP conditions for each tier on 2024/12/01 00:00 (UTC+8), details as follows:
 
 <table style="width: auto; text-align: start;">
 <tbody>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP level</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">Asset Balance</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">Contract Trading Volume</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">Maker</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">Taker</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 0</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">/</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">/</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.02%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.06%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 1</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">50,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">10,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.018%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.06%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 2</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">100,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">20,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.016%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.05%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 3</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">250,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">30,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.014%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.04%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 4</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">750,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">50,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.012%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.04%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">VIP 5</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">2,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">100,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.01%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.035%</td>
 </tr>
 <tr>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">SVIP</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">5,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">200,000,000</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.008%</td>
 <td colspan="1" rowspan="1" width="auto" style="text-align: center;">0.032%</td>
 </tr>
 </tbody>
 </table>
 
 VIP Rules:
 <ol>
 <li style="text-align: start;">Perpetual trading volume of the last 30 days: Automatically calculate the cumulative trading volume at 00:00 (UTC+8) every day.</li>
 <li style="text-align: start;">Asset volume: Snapshot of all Spot trades, USDT-M, COIN-M, and other account assets will be taken at 0:00 daily (UTC+8), and converted based on the currency's price to USDT at the time of the snapshot. Spot accounts include available and frozen assets; The contract includes margin and frozen assets but does not include unrealized gains and losses</li>
 <li style="text-align: start;">24-hour withdrawal limit: The platform determines the user's daily withdrawal limit based on VIP level. All user currencies will be converted into BTC. The total amount after conversion must not exceed the withdrawal limit of the corresponding level. Additionally, for VIP users who have not completed KYC verification, the 24-hour withdrawal limit is only 1.5 BTC.</li>
 <li style="text-align: start;">If the user's contract trading volume and asset volume meet different VIP-level conditions, the user will enjoy the highest level of VIP rights. Users who meet the VIP level of any transaction type can automatically meet the VIP level of all types.</li>
 <li style="text-align: start;">The VIP level will be automatically updated at 3:00 (UTC+8) the next day.</li>
 </ol>
 
 If you have any questions, please contact our 24-hour online customer service or contact us through email: <a href="mailto:cs@bydfi.com" target="">cs@bydfi.com</a>
 
 Thank you for your support!
 
 BYDFi Team
 2024/11/21
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BYDFi VIP Condition Adjust Announcement (2024/12/01)

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 <img src="https://support.bydfi.com/hc/article_attachments/11346925417999" alt="new announcement.jpg" data-href="" style="width: 100%;">Dear BYDFi Users,
 
 To enhance the trading experience on our platform, we have fully upgraded the perpetual contract trading system.
 
 This upgrade introduces the following new features and improvements:
 <ol>
 <li style="text-align: start;">Adjusted Liquidation Trigger: Liquidation will now occur based on the margin ratio, offering clearer conditions.</li>
 <li style="text-align: start;">Separate Liquidation Fees: Liquidation Fee will be accounted independently from trading profits and losses.</li>
 <li style="text-align: start;">Enhanced Fund Utilization: Unrealized profits and losses from cross margin positions can now be used to open new positions, increasing overall fund efficiency.</li>
 <li style="text-align: start;">Historical Position Records: A history section for positions will now display total P&amp;L.</li>
 <li style="text-align: start;">Cross Margin Position Updates: Maintenance margin and position margin will now adjust in real-time based on the mark price.</li>
 </ol>
 Thank you for your support!
 
 BYDFi Team
 2024/11/27
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