<p><img src="https://uploads.bydfi.in/events/cms1736162406752Me5n7suwdhBK.png" alt="image.png" data-href="" style="width: 100%;"/>Funding rate and funding fee are two related but different concepts in sustainable contract trading.</p><p><br></p><p><strong>What is the Funding Rate?</strong></p><p>The funding rate is a periodic fee paid to long or short traders based on the difference between the market price of a perpetual contract and the spot price. When the market trend is bullish, the funding rate is positive and increases over time. In this case, a long trader in a perpetual contract will pay the funding fee to the other trader. On the contrary, when the market is bearish, the funding rate is negative, and it is the short trader in a sustainable contract that pays the funding fee to the long trader.</p><p>Through this mechanism, abnormal market sentiment can be corrected, guiding the deviation from the “index price” of the “latest traded price” to return to the “index price”, so that the sustainable trading target can be anchored to the “index price”. Hold” facilitates the increase of the index price. The party holding a position that “promotes the increase of the index price deviation” pays a fee so that the party holding a position that “promotes the decrease of the index price deviation” receives a fee, and the larger the position, the higher the fee paid/received by the user.</p><p><br></p><p><strong>Importance of Margin Rates</strong></p><p>The key role of the margin is to reduce the spread (price reversion) between the market for perpetual contracts and the corresponding cash market.</p><p>The difference between a perpetual contract and a traditional contract is that it has no expiration date. Therefore, a trader can hold his position forever, unless he is forced out. Therefore, trading in perpetual contracts is very similar to spot trading.</p><p>Therefore, cryptocurrency exchanges have created a mechanism to ensure that the price of a perpetual contract will correspond to the index. This is known as the funding rate.</p><p><br></p><p><strong>What determines the Funding Rate?</strong></p><p>Funding rates are determined by two factors: interest rates and premiums. Among them, the premium explains why the price of the perpetual contract will change at the same trend as the underlying price.</p><p><br></p><p><strong>What are Funding Fees?</strong></p><p>Funding fees are the main mechanism BYDFi applies in order to ensure that the latest market price is always anchored to the global spot price. Funding fees are exchanged between long and short positions.</p><ul><li>Funding fees are exchanged between the buyer and seller at the end of each funding interval. Taking the funding interval of 8 hours as an example, the funding fee will be generated at 08:00 (UTC+8), 16:00 (UTC+8), and 00:00 (UTC+8).</li><li>If the funding rate is positive, long positions will pay funding fees to short positions. Conversely, if the funding rate is negative, short positions will pay the funding fees to long positions.</li><li>Traders only need to pay or receive funding fees for holding positions at these three time points.</li><li>If the trader closes the position before the specified funding timestamp, no funding fees are paid/received.</li></ul><p>Note: The funding fee is deducted from the trader's position margin. At this point, the liquidation price will get closer to the mark price as the funding fee is deducted, increasing the liquidation risk.</p><p><br></p><p><strong>How are Funding Rates and Funding Fees calculated?</strong></p><ul><li>Funding Fee: <br>USDT-M: Position Value * Funding Rate (Position Value = Par Value * Contract Quantity * Mark Price)<br>COIN-M: Position Value * Funding Rate (Position Value = Par Value * Contract Quantity / Mark Price)</li><li>Funding Rate = Clamp [Average Premium Index + Clamp (Comprehensive Interest Rate – Average Premium Index, Maximum Premium Deviates, Minimum Premium Deviates), Maximum Funding Rate, Minimum Funding Rate]</li><li>Comprehensive Interest Rate = (Interest Rate of Pricing Currency – Interest Rate of Underlying Currency) / Funding Rate Settlement Frequency</li><li>The interest rate of all perpetual contracts is 0.06% for pricing currency, and the interest rate of underlying currency is 0.03%. The funding rate settlement frequency is 3 times (3 times a day). Therefore, the comprehensive interest rate of all current perpetual contracts is 0.01%.</li></ul><p><strong>Example:</strong></p><p><strong>USDT-M</strong></p><p>Example: Par Value: 100USD/Cont ; Funding Rate: 0.01% ; The Mark Price at 08:00 is 20,000 USDT.<br>A holds 1 long positions, and B holds 1 short positions<br>A Funding fee (deducted)= 1*100*20,000*0.01% = 200 USDT<br>B Funding fee (received)= 1*100*20,000*0.01%= 200 USDT</p><p><strong>COIN-M</strong></p><p>Example: Par Value:100 USD/Cont ; Funding Rate: 0.01% ; The Mark Price at 08:00 is 10,000 USD.<br>A holds 100 long positions, and B holds 50 short positions<br>Based on the above information, the fees are calculated as follows:<br>A Funding fee (deducted)= 100*100/10,000*0.01% = 0.0001 BTC<br>B Funding fee (received)= 50*100/10,000*0.01%=0.00005 BTC</p><p><br></p><p><strong>Perpetual Contracts</strong></p><p><strong>Isolated Margin:</strong> The funding fee will be deducted from the position margin, and the funding fee obtained will be added to the available balance.</p><p><strong>Cross Margin:</strong> The funding fee will be deducted from the trader's available balance. When a trader does not have sufficient available balance, funding charges will be taken from the position.</p>

How Are Funding Rates and Funding Fees Calculated?

How Are Funding Rates & Fees Calculated?｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cmsBYD.1735814868959.image.png" alt="BYD.1735814868959.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735814868959.image.png" style=""/></p><p><br></p><p><strong>KYC</strong>, short for <strong>Know Your Customer</strong>, is a verification process that helps financial and crypto platforms confirm the identity of their users. It ensures that the personal information provided is accurate, valid, and compliant with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.</p><p><br></p><h2>📌 What Is the Purpose of KYC?</h2><p>KYC is not just a regulatory requirement — it’s also a key measure for protecting user accounts and platform security. By completing KYC verification, platforms can help prevent:</p><ul><li>Fraudulent activities</li><li>Money laundering</li><li>Account misuse</li><li>Identity theft and impersonation</li></ul><p>KYC also contributes to creating a transparent and compliant trading environment.</p><p><br></p><h2>🛡️ Why Do You Need to Complete KYC on BYDFi?</h2><p>To ensure secure and compliant transactions, <strong>BYDFi requires all users who deposit fiat currencies to complete KYC verification before making any withdrawals</strong>.</p><ul><li>If you top up your account using bank transfers or other fiat deposit methods, KYC must be completed before crypto withdrawals are enabled.</li><li>Once submitted, KYC applications are reviewed within 1 hour (typically faster).</li></ul><p><br></p><h2>📄 What Documents Are Required for KYC?</h2><p>To complete the KYC process, you will usually need to provide:</p><ul><li>A valid government-issued ID (passport, national ID card, or driver’s license)</li><li>A selfie or facial recognition for identity match</li><li>Proof of address (such as a utility bill or bank statement — if required)</li></ul><p>Once your KYC is approved, your account will gain full access to key features such as withdrawals, higher withdrawal limits, and participation in platform campaigns.</p><p><br></p><h2>✅ Benefits of Completing KYC Verification</h2><ul><li>Strengthens account security</li><li>Prevents fraud and unauthorized access</li><li>Unlocks fiat deposit and crypto withdrawal functions</li><li>Ensures compliance with global regulations</li></ul><p>Need help with your KYC process? Visit our <a href="https://www.bydfi.com/en/support" target="_blank">Help Center</a> or contact <a href="mailto:cs@bydfi.com" target="_blank"><strong>24/7 Live Support</strong></a> through the app or website.</p>

What Is KYC Verification?

What Is KYC Verification?｜BYDFi Help Center

<p style="text-align: start;">When withdrawing certain cryptocurrencies on BYDFi, you may need to enter a <strong>Memo</strong> or <strong>Tag</strong> along with your withdrawal address. Correctly filling in the Memo/Tag ensures your funds are accurately credited to your external wallet or exchange.</p><p style="text-align: start;"><br></p><h2 style="text-align: start;">When Do You Need a Memo/Tag?</h2><ul><li style="text-align: start;">No Memo/Tag Required: If the withdrawal page does not display a Memo/Tag, you can proceed without entering one.</li><li style="text-align: start;">Memo/Tag Required: If a designated Memo/Tag is displayed on the page, you must enter it during the withdrawal process.</li></ul><p style="text-align: start;">⚠️ <strong>Important:</strong> The following cryptocurrencies typically require a Memo/Tag for deposits and withdrawals:</p><ul><li style="text-align: start;">XRP</li><li style="text-align: start;">ATOM</li><li style="text-align: start;">BAND</li><li style="text-align: start;">XLM</li></ul><p style="text-align: start;">Always check whether the receiving wallet or platform requires a Memo/Tag, otherwise your funds may fail to arrive.</p><p style="text-align: start;"><br></p><h2>How to Withdraw Crypto on BYDFi App (Step-by-Step Guide)</h2><h3>1. Access the Withdrawal Page</h3><p>Log in to your account → Tap Assets</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079234763.image.png" alt="BYD.1758079234763.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079234763.image.png" style="width: 50%;"/></p><p>Tap <strong>Withdraw</strong> to enter the withdrawal page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079245435.image.png" alt="BYD.1758079245435.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079245435.image.png" style="width: 50%;"/></p><p><strong>Alternative method:</strong></p><ul><li>Go to Spot Account → search for the cryptocurrency (e.g., XRP) → tap Withdraw to access the same page.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079257324.image.png" alt="BYD.1758079257324.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079257324.image.png" style="width: 50%;"/></p><p><br></p><h3>2. Select Withdrawal Coin</h3><p>Search for or select the cryptocurrency you want to withdraw.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079267434.image.png" alt="BYD.1758079267434.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079267434.image.png" style="width: 50%;"/></p><p>Tap Network to proceed withdrawal</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079274161.image.png" alt="BYD.1758079274161.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079274161.image.png" style="width: 50%;"/></p><p><br></p><h3>3. Enter Withdrawal Details</h3><li>Ensure you select the correct blockchain network for your token.</li><li>Enter all required information as prompted: </li><ul><li>Withdrawal Address </li><li>Withdrawal Amount </li><li>Memo/Tag</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758079283063.image.png" alt="BYD.1758079283063.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758079283063.image.png" style="width: 50%;"/></p><p><br></p><h3>4. Complete Security Verification</h3><ul><li>Enter your Fund Password or Google Authenticator Code</li><li>Enter your Email Verification Code</li><li>Tap Confirm Withdrawal to submit your request</li></ul><p><br></p><h3>5. Withdrawal Processing</h3><ul><li>Once submitted, your withdrawal request will be processed promptly by BYDFi.</li><li>You can check the status of your transaction in the Withdrawal History section.</li></ul><p style="text-align: start;"><br></p><h2 style="text-align: start;">Withdrawal Precautions</h2><ul><li style="text-align: start;">Always confirm if the external wallet or platform requires a Memo/Tag for deposits.</li><li style="text-align: start;">Entering an incorrect Memo/Tag may result in delayed or failed crediting of funds.</li><li style="text-align: start;">Correct Memo/Tag input ensures secure and timely fund transfers.</li></ul><p style="text-align: start;"><br></p><h2 style="text-align: start;">Important Reminders</h2><ul><li style="text-align: start;">Cryptocurrencies like XRP, ATOM, BAND, and XLM generally require a Memo/Tag for both deposits and withdrawals.</li><li style="text-align: start;">If you forget to enter the Memo/Tag, you may need to contact the receiving platform’s customer support to recover funds, which could take some time.</li><li style="text-align: start;">Always double-check all withdrawal details before submitting to avoid errors.</li></ul><p style="text-align: start;">By following these steps, you can safely and efficiently withdraw cryptocurrencies from BYDFi while ensuring that your funds arrive securely in your specified wallet.</p>

How to Fill in Memo/Tag for Crypto Withdrawals on BYDFi (APP)

How to Fill in Memo/Tag for Crypto Withdrawals on BYDFi (APP)｜BYDFi Help Center

<p>When withdrawing certain cryptocurrencies on BYDFi, you may need to enter a <strong>Memo</strong> or <strong>Tag</strong> along with your withdrawal address. Correctly filling in the Memo/Tag ensures your funds are accurately credited to your external wallet or exchange.</p><p><br></p><h2>When Do You Need a Memo/Tag?</h2><ul><li>No Memo/Tag Required: If the withdrawal page does not display a Memo/Tag, you can proceed without entering one.</li><li>Memo/Tag Required: If a designated Memo/Tag is displayed on the page, you must enter it during the withdrawal process.</li></ul><p>⚠️ <strong>Important:</strong> The following cryptocurrencies typically require a Memo/Tag for deposits and withdrawals:</p><ul><li>XRP</li><li>ATOM</li><li>BAND</li><li>XLM</li></ul><p>Always check whether the receiving wallet or platform requires a Memo/Tag, otherwise your funds may fail to arrive.</p><p><br></p><h2>Step-by-Step Guide: Withdrawal with Memo/Tag (PC)</h2><p><strong>Example: Withdrawing XRP</strong></p><h3><strong>1. Log in to BYDFi and Access the Withdrawal Page</strong></h3><ul><li>Open the BYDFi website</li><li>Log in to your account</li><li>Click the Wallet icon in the top right corner</li><li>Select Withdraw</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1757569697603.image.png" alt="BYD.1757569697603.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1757569697603.image.png" style="width: 100%;"/></p><p><br></p><h3><strong>2. Enter Withdrawal Information</strong></h3><ul><li>Select the correct blockchain network</li><li>Enter the withdrawal address, Memo/Tag, and amount as instructed on the page</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1757570661187.image.png" alt="BYD.1757570661187.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1757570661187.image.png" style="width: 100%;"/></p><p><br></p><h3><strong>3. Complete Security Verification</strong></h3><ul><li>Enter your Fund Password</li><li>Enter email verification code or Google Authenticator code</li><li>Click Confirm</li></ul><p><br></p><h3><strong>4. Submit and Process Withdrawal</strong></h3><ul><li>After submitting your withdrawal request, BYDFi will process your funds as quickly as possible</li></ul><p><br></p><h2>Withdrawal Precautions</h2><ul><li>Always confirm if the external wallet or platform requires a Memo/Tag for deposits.</li><li>Entering an incorrect Memo/Tag may result in delayed or failed crediting of funds.</li><li>Correct Memo/Tag input ensures secure and timely fund transfers.</li></ul><p><br></p><h2>Important Reminders</h2><ul><li>Cryptocurrencies like XRP, ATOM, BAND, and XLM generally require a Memo/Tag for both deposits and withdrawals.</li><li>If you forget to enter the Memo/Tag, you may need to contact the receiving platform’s customer support to recover funds, which could take some time.</li><li>Always double-check all withdrawal details before submitting to avoid errors.</li></ul><p>By following these steps, you can safely and efficiently withdraw cryptocurrencies from BYDFi while ensuring that your funds arrive securely in your specified wallet.</p>

How to Fill in Memo/Tag for Crypto Withdrawals on BYDFi (PC)

How to Fill in Memo/Tag for Crypto Withdrawals on BYDFi (PC)｜BYDFi Help Center

<p>When depositing certain cryptocurrencies on BYDFi, you may be required to enter a <strong>Memo</strong> or <strong>Tag</strong> along with your deposit address. This step is essential to ensure that your funds are correctly identified and credited to your account.</p><p><br></p><h2>When Do You Need a Memo/Tag?</h2><ul><li>No Memo/Tag Required: If the deposit page does not display a Memo/Tag, you can deposit without filling in one.</li><li>Memo/Tag Required: If the deposit page shows a designated Memo/Tag, you must enter it during the deposit process.</li></ul><p>⚠️ Important: When withdrawing from other platforms or wallets to BYDFi, always enter the correct <strong>Memo/Tag</strong>. Without it, your deposit may not be credited.</p><h3>Cryptocurrencies That Require a Memo/Tag</h3><p>The following tokens typically require a Memo/Tag when depositing or withdrawing:</p><ul><li>XRP</li><li>ATOM</li><li>BAND</li><li>XLM</li></ul><p><br></p><h2>How to Deposit Cryptocurrency on BYDFi App</h2><h3>1. Open Your External Wallet or Exchange</h3><p>Log in to your external wallet or exchange, then tap <strong>Withdraw</strong>.</p><p><br></p><h3>2. Log in to BYDFi App and Access the Deposit Page</h3><p>On the app homepage, select <strong>Deposit</strong> to enter the deposit page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758536520377.image.png" alt="BYD.1758536520377.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758536520377.image.png" style="width: 50%;"/></p><h3>3. Select the Cryptocurrency</h3><p>Search for or directly select the cryptocurrency you want to deposit.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758077044120.image.png" alt="BYD.1758077044120.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758077044120.image.png" style="width: 50%;"/></p><h3>4. Choose Network and Copy Deposit Information</h3><ul><li>Select the correct blockchain network</li><li>Copy the deposit address and Memo/Tag (if applicable)</li><li>Paste the deposit address, Memo/Tag, and deposit amount into the withdrawal page of your external wallet</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758077060301.image.png" alt="BYD.1758077060301.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758077060301.image.png" style="width: 50%;"/></p><h3>5. Submit and Track Your Deposit</h3><ul><li>Complete the withdrawal on your external platform</li><li>Return to BYDFi’s Deposit or Assets page, and check Transaction History to view the status and details of your deposit</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758077068295.image.png" alt="BYD.1758077068295.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758077068295.image.png" style="width: 50%;"/></p><p><br></p><h2>What If You Forget to Enter a Memo/Tag?</h2><p>If you forget to include the required Memo/Tag, your deposit may not be automatically credited. Please contact <a href="mailto:cs@bydfi.com" target="_blank"><strong>BYDFi Customer Support</strong></a> and provide:</p><ul><li>Your UID (KYC verification required)</li><li>A complete withdrawal history video (not a screen recording)</li><li>The correct Memo/Tag value</li><li>Transaction hash (txid)</li></ul><p>⏳ Note: Because retrieving funds without Memo/Tag requires significant manual processing, the recovery time may take <strong>up to 10 days or more</strong>.</p><p><br></p><h2>Key Takeaways</h2><ul><li>Always check whether a Memo/Tag is required before making a deposit.</li><li>Enter the correct deposit address and Memo/Tag to ensure successful deposits.</li><li>Tokens like XRP, ATOM, XLM, and BAND require Memo/Tag.</li><li>Missing Memo/Tag deposits can still be recovered, but the process may take a long time.</li></ul><p>By following these steps, you can deposit cryptocurrencies into your BYDFi account safely and without delays.</p>

How to Fill in Memo/Tag for Crypto Deposits on BYDFi (APP)

How to Fill Memo/Tag for Crypto Deposits (App)｜BYDFi Help Center

<p>Withdrawing crypto from your BYDFi account on PC is straightforward — but selecting the correct network is critical. If assets are sent to an unsupported or incorrect address, they may be permanently lost, and BYDFi will not be able to retrieve them. Follow this step-by-step guide to ensure a safe and successful withdrawal.</p><p><br></p><h2>🚨 <strong>Important Reminders Before Withdrawing</strong></h2><ul><li>Always verify that the recipient wallet supports the selected network.</li><li>Using the wrong network can lead to irreversible loss of funds.</li><li>Double-check all withdrawal details, especially the wallet address.</li></ul><p><br></p><h2>💻 How to Withdraw Crypto on PC</h2><h3>1. Go to “Assets” → “<a href="https://www.bydfi.com/en/account/fund-management/asset-account/withdraw?code=USDT" target="_blank">Withdraw</a>”</h3><p>Log in to your BYDFi account and click on <strong>"Assets"</strong> in the top menu. Then select <strong>"Withdraw"</strong> from the dropdown.<img src="https://uploads.bydfi.in/events/cms/BYD.1753340035832.image.png" alt="BYD.1753340035832.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753340035832.image.png" style="width: 100%;"/></p><h3>2. Select the Cryptocurrency</h3><p>Choose or search for the crypto you want to withdraw from your BYDFi account.<img src="https://uploads.bydfi.in/events/cms/BYD.1753340489958.image.png" alt="BYD.1753340489958.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753340489958.image.png" style="width: 100%;"/></p><h3>3. Enter Withdrawal Details</h3><ul><li>Select the appropriate Withdrawal Network</li><li>Input the recipient wallet address</li><li>Enter the amount to withdraw</li><li>Enter Fund Password</li><li>Click "Withdraw" to proceed </li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753340203371.image.png" alt="BYD.1753340203371.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753340203371.image.png" style="width: 100%;"/></p><p>Make sure to carefully read the on-screen withdrawal instructions before confirming the transaction.<img src="https://uploads.bydfi.in/events/cms/BYD.1753340284810.image.png" alt="BYD.1753340284810.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753340284810.image.png" style="width: 100%;"/></p><h2>📌 Withdrawal Limits and Requirements</h2><ul><li><strong>Unverified Users</strong>: Can withdraw up to <strong>50,000 USDT</strong> per day</li><li><strong>Verified Users</strong>: Can withdraw up to <strong>500,000 USDT</strong> per day</li></ul><p>Your daily withdrawal limit depends on your verification status and VIP level. Check detailed withdrawal limits by <a href="https://www.bydfi.com/en/vip?showRate=true" target="_blank">VIP level here</a></p><p><br></p><h2>📺 Watch a Step-by-Step Video</h2><p>👉 <a href="https://youtu.be/1OEXFSJdwBc" target="_blank">YouTube Tutorial</a></p>

How to Withdraw Crypto From Your BYDFi Account? (PC)

How to Withdraw Crypto from BYDFi (PC)｜BYDFi Help Center

<p>When depositing certain cryptocurrencies on BYDFi, you may be required to enter a <strong>Memo</strong> or <strong>Tag</strong> along with your deposit address. This step is essential to ensure that your funds are correctly identified and credited to your account.</p><p><br></p><h2>When Do You Need a Memo/Tag?</h2><ul><li>No Memo/Tag Required: If the deposit page does not display a Memo/Tag, you can deposit without filling in one.</li><li>Memo/Tag Required: If the deposit page shows a designated Memo/Tag, you must enter it during the deposit process.</li></ul><p>⚠️ Important: When withdrawing from other platforms or wallets to BYDFi, always enter the correct <strong>Memo/Tag</strong>. Without it, your deposit may not be credited.</p><h3>Cryptocurrencies That Require a Memo/Tag</h3><p>The following tokens typically require a Memo/Tag when depositing or withdrawing:</p><ul><li>XRP</li><li>ATOM</li><li>BAND</li><li>XLM</li></ul><p><br></p><h2>Step-by-Step Guide: Deposit with Memo/Tag (PC)</h2><h3>1. Open Your External Wallet or Exchange </h3><p>Log in to your external wallet or another exchange, then click on <strong>Withdraw</strong>.</p><h3>2. Log in to BYDFi and Access Deposit Page </h3><ul><li>Go to the BYDFi website. </li><li>Log in to your account. </li><li>Click the Wallet icon in the upper right corner. </li><li>Select Deposit.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1757558436452.image.png" alt="BYD.1757558436452.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1757558436452.image.png" style="width: 100%;"/></p><h3>3. Select Network and Copy Deposit Details </h3><ul><li>Choose the correct blockchain network. </li><li>Copy both the Deposit Address and the Memo/Tag. </li><li>Paste these details into the withdrawal page of your external wallet along with the amount.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1757558589971.image.png" alt="BYD.1757558589971.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1757558589971.image.png" style="width: 100%;"/></p><h3>4. Confirm and Track Your Deposit </h3><ul><li>Submit the withdrawal on your external platform. </li><li>On BYDFi, scroll down to Deposit History to view transaction status and details.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1757558642758.image.png" alt="BYD.1757558642758.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1757558642758.image.png" style="width: 100%;"/></p><h2>What If You Forget to Enter a Memo/Tag?</h2><p>If you forget to include the required Memo/Tag, your deposit may not be automatically credited. Please contact <a href="mailto:cs@bydfi.com" target="_blank"><strong>BYDFi Customer Support</strong></a> and provide:</p><ul><li>Your UID (KYC verification required)</li><li>A complete withdrawal history video (not a screen recording)</li><li>The correct Memo/Tag value</li><li>Transaction hash (txid)</li></ul><p>⏳ Note: Because retrieving funds without Memo/Tag requires significant manual processing, the recovery time may take <strong>up to 10 days or more</strong>.</p><p><br></p><h2>Key Takeaways</h2><ul><li>Always check whether a Memo/Tag is required before making a deposit.</li><li>Enter the correct deposit address and Memo/Tag to ensure successful deposits.</li><li>Tokens like XRP, ATOM, XLM, and BAND require Memo/Tag.</li><li>Missing Memo/Tag deposits can still be recovered, but the process may take a long time.</li></ul><p>By following these steps, you can deposit cryptocurrencies into your BYDFi account safely and without delays.</p>

How to Fill in Memo/Tag for Crypto Deposits on BYDFi (PC)

<h2>What Is an Anti-Phishing Code?</h2><p>An <strong>anti-phishing code</strong> is a custom security feature that helps protect your BYDFi account from phishing scams and email fraud. Once enabled, this code will appear in every official email sent by BYDFi, allowing you to quickly verify its authenticity and avoid falling victim to malicious impersonation.</p><p>By setting up an anti-phishing code, you can easily spot fake emails and ensure that communication truly comes from BYDFi.</p><p><br></p><h2>Why Use an Anti-Phishing Code?</h2><p>✅ Prevent phishing attacks and email fraud</p><p>✅ Easily verify official BYDFi emails</p><p>✅ Strengthen the security of your crypto account</p><p><br></p><h2>How to Set Up Your Anti-Phishing Code (PC)</h2><p>1. Log in to your BYDFi account and navigate to "Account and Security".<img src="https://uploads.bydfi.in/events/cms/BYD.1753843500865.image.png" alt="BYD.1753843500865.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753843500865.image.png" style="width: 100%;"/></p><p>2. Under account, click "Security."<img src="https://uploads.bydfi.in/events/cms/BYD.1761119747102.image.png" alt="BYD.1761119747102.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1761119747102.image.png" style="width: 100%;"/></p><p>3. Find the "Anti-Phishing Code" section and click <strong>Settings</strong>.<img src="https://uploads.bydfi.in/events/cms/BYD.1761119790330.image.png" alt="BYD.1761119790330.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1761119790330.image.png" style="width: 100%;"/></p><p>4. Enter verification code<img src="https://uploads.bydfi.in/events/cms/BYD.1761119832612.image.png" alt="BYD.1761119832612.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1761119832612.image.png" style="width: 100%;"/></p><p>5. Enter a custom code between 4–20 characters (letters and numbers only; no special symbols).</p><p>6. Click “Create Anti-Phishing Code.”</p><p>⚠️ <strong>Important:</strong> Once set, your anti-phishing code <strong>cannot be disabled</strong>, so choose a code you’ll recognize easily.<img src="https://uploads.bydfi.in/events/cms/BYD.1761119918663.image.png" alt="BYD.1761119918663.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1761119918663.image.png" style="width: 100%;"/></p><h2>Pro Tip:</h2><p>Use a code that's easy to remember but hard to guess. Avoid using common phrases or personal information.</p>

How to Set Up Anti-Phishing Code on BYDFi (PC)

How to Set Up Anti-Phishing Code on BYDFi (PC)｜BYDFi Help Center

<h2 style="text-align: start;">What Is an Anti-Phishing Code?</h2><p style="text-align: start;">An <strong>anti-phishing code</strong> is a custom security feature that helps protect your BYDFi account from phishing scams and email fraud. Once enabled, this code will appear in every official email sent by BYDFi, allowing you to quickly verify its authenticity and avoid falling victim to malicious impersonation.</p><p style="text-align: start;">By setting up an anti-phishing code, you can easily spot fake emails and ensure that communication truly comes from BYDFi.</p><p style="text-align: start;"><br></p><h2>Why Use an Anti-Phishing Code?</h2><p>✅ Prevent phishing attacks and email fraud</p><p>✅ Easily verify official BYDFi emails</p><p>✅ Strengthen the security of your crypto account</p><p style="text-align: start;"><br></p><h2 style="text-align: start;">How to Set Up Your Anti-Phishing Code (APP)</h2><p><strong>1.</strong> Log in to your BYDFi account and tap <strong>More</strong> on the homepage.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753845992531.image.png" alt="BYD.1753845992531.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753845992531.image.png" style="width: 50%;"/><br><strong>2.</strong> Select <strong>Security</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753846014248.image.png" alt="BYD.1753846014248.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753846014248.image.png" style="width: 50%;"/><br><strong>3.</strong> Under <strong>Anti-Phishing Code</strong> &nbsp;section, tap <strong>Enable</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1761119080146.image.png" alt="BYD.1761119080146.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1761119080146.image.png" style="width: 50%;"/><br><strong>4.</strong> Click <strong>Create Anti-Phishing Code</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753846099646.image.png" alt="BYD.1753846099646.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753846099646.image.png" style="width: 50%;"/><br><strong>5.</strong> Enter a code between 4–20 characters (letters and numbers only, no special symbols), then tap <strong>Confirm</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753847192914.image.png" alt="BYD.1753847192914.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753847192914.image.png" style="width: 50%;"/><br><strong>6.</strong> Complete the security verification process as prompted, then tap <strong>Confirm</strong> again.</p><p>⚠️ <strong>Important:</strong> Once set, your anti-phishing code <strong>cannot be disabled</strong>, so choose a code you’ll recognize easily.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1753847238504.image.png" alt="BYD.1753847238504.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1753847238504.image.png" style="width: 50%;"/></p><p><br></p><h2>Pro Tip:</h2><p>Use a code that's easy to remember but hard to guess. Avoid using common phrases or personal information.</p>

How to Set Up Anti-Phishing Code on BYDFi (APP)

How to Set Up Anti-Phishing Code on BYDFi (App)｜BYDFi Help Center

<html>
 <head></head>
 <body>
  <p><img src="/guide-media/01JG3KVT8FF33PFANR35R1SW4S" alt="" data-href="" style=""><img src="https://uploads.bydfi.in/events/cmsBYD.1735611332276.image.png" alt="BYD.1735611332276.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735611332276.image.png" style="width: 100%;">If you deposit the unsupported coins to the BYDFi address, you need to know the following:</p>
  <p><br></p>
  <p>• If the deposit failure was caused by the user's maloperation, &nbsp;asset recovery services are not generally provided.</p>
  <p>• In order to recover the user's great loss of assets due to maloperation, BYDFi will assist you in retrieving assets within a certain range. However, the retrieval operation requires a lot of manpower, time, and risk control costs; we may need technical personnel to carry out complex technical operations such as importing and exporting the wallet software, and the entire process may take more than one month.</p>
  <p>• Please provide the following information: username, deposit tokens, deposit address, amount, TXID, &nbsp;and a screenshot of your deposit page.</p>
  <p>• We will ask our relevant department to determine whether it meets the retrieval requirements or not after receiving the required information from you. If you meet the requirements, we will notify you to deposit the retrieving gas fee to our platform address, and you need to contact our customer service after completion.</p>
 </body>
</html>

Depositing Unsupported Coins to Your BYDFi Account

سکه‌های پشتیبانی نشده در BYDFi｜مرکز راهنمای BYDFi

<h2>🔒 Why Do I Need to Complete Identity Verification?</h2><p>Completing <strong>KYC (Know Your Customer)</strong> verification is a crucial step to protect your account and comply with global regulations. It helps prevent <strong>fraud, identity theft, money laundering</strong>, and <strong>terrorist financing</strong>.</p><p>Once your KYC verification is approved, you’ll unlock full access to all BYDFi platform features, including:</p><ul><li>Fiat deposits and crypto withdrawals</li><li>Higher withdrawal limits</li><li>Participation in promotions and trading activities</li></ul><p><br></p><h2>✅ How to Complete KYC Verification (APP)</h2><h3><strong>1. Go to Identity Verification</strong></h3><p>Log in to your BYDFi account and click the <strong>“Complete Identity Verification”</strong> pop-up message to get started.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1752568825270.image.png" alt="BYD.1752568825270.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1752568825270.image.png" style="width: 50%;"/></p><h3><strong>2. Start the Verification Process</strong></h3><p>Under <strong>Proof of Identity</strong>, click the <strong>“Verify”</strong> button to begin uploading your documents and completing the required steps.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1752568877343.image.png" alt="BYD.1752568877343.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1752568877343.image.png" style="width: 50%;"/></p><h3><strong>3. Fill in Personal Information and Upload Documents</strong></h3><p><img src="https://uploads.bydfi.in/events/cms/BYD.1752568901395.image.png" alt="BYD.1752568901395.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1752568901395.image.png" style="width: 50%;"/></p><ul><li>Select your country/region</li><li>Enter your first name and last name</li><li>Follow the instructions to upload your identity document (passport, ID card, or driver’s license)</li></ul><p>After submitting your information, the system will begin the review process automatically.</p><p><br></p><h2>📍 Frequently Asked Questions</h2><h3>⏱️ How long does KYC verification take?</h3><p>KYC applications are typically reviewed <strong>within 1 hour</strong>, but the actual processing time may vary depending on the quality of the submitted documents and upload status.</p><p><br></p><h3>📋 What types of identity documents can I upload?</h3><p>You may upload one of the following valid documents:</p><ul><li>A valid <strong>passport</strong></li><li>A <strong>government-issued ID card</strong></li><li>A valid <strong>driver’s license</strong></li></ul><p>Please ensure the document is in <strong>color</strong>, and all information is <strong>clearly visible and unobstructed</strong>.</p><p><br></p><h2>💬 Need Help?</h2><p>If you experience any issues or have questions about the KYC verification process, our team is here to assist you.</p><p><strong>You can contact BYDFi Customer Support via:</strong></p><ul><li><a href="https://www.bydfi.com/en/support/FAQs/articles/0w1pw4tmxylk?title=How+to+Contact+BYDFi+Online+Customer+Service+%28APP%29" target="_blank">Live Chat</a> – Available 24/7 through the BYDFi app or website</li><li>Email: <a href="mailto:cs@bydfi.com" target="_blank">cs@bydfi.com</a></li></ul><p>We’re here to help you complete your verification smoothly and securely.</p>

How to Complete KYC Verification on BYDFi (APP)

How to Complete KYC Verification on BYDFi (APP)｜BYDFi Help Center

<p>BYDFi makes it simple to invite friends and earn referral rewards. By sharing your <strong>referral code or referral link</strong>, you can grow your network and unlock exclusive rewards when friends register or complete specific tasks.</p><p><br></p><h2>How to Access Your Referral Code on the BYDFi App</h2><h3>🔹 Option 1: Access Referral Code from Profile</h3><p>1. On the BYDFi APP homepage, tap More.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759458449186.image.png" alt="BYD.1759458449186.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759458449186.image.png" style="width: 50%;"/></p><p>2. Select My Referrals from the menu.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759458488055.image.png" alt="BYD.1759458488055.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759458488055.image.png" style="width: 50%;"/></p><p>3. Scroll down to view your Invitation Code and Referral Link.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759458516622.image.png" alt="BYD.1759458516622.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759458516622.image.png" style="width: 50%;"/></p><p>4. Share your referral QR code banner on social media or copy the link to share directly.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759458650372.image.png" alt="BYD.1759458650372.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759458650372.image.png" style="width: 50%;"/></p><h3>🔹 Option 2: Use the Invite Friends Shortcut</h3><p>1. On the BYDFi App homepage, tap Invite Friends at the top.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759459363640.image.png" alt="BYD.1759459363640.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759459363640.image.png" style="width: 50%;"/></p><p>2. In the Lucky Mystery Box section, tap the Go button.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759459390764.image.png" alt="BYD.1759459390764.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759459390764.image.png" style="width: 50%;"/></p><p>3. Scroll to the bottom of the page and either: Copy your referral link, or Tap Invite Now to generate a banner for sharing.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759459421349.image.png" alt="BYD.1759459421349.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759459421349.image.png" style="width: 50%;"/></p><p><br></p><h2>🎁 Start Earning Referral Rewards</h2><p>When your friends register or complete specified tasks via your referral link or invitation code, you’ll automatically receive <strong>referral rewards</strong>. The more friends you invite, the greater your earning potential.</p>

How to Get Your BYDFi Referral Code (APP)

How to Get Your BYDFi Referral Code (App) ｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1745566463303.image.png" alt="BYD.1745566463303.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745566463303.image.png" style="width: 100%;"/></p><h2><strong>Why hasn’t my withdrawal arrived?</strong></h2><p>Withdrawals are processed in three stages: withdrawal request, block confirmation, and crediting to the recipient platform.</p><ul><li>If the withdrawal status is "Successful":<br> &nbsp; This indicates that BYDFi has completed processing the transfer. You can copy the transaction ID (TXID) and check its progress on the relevant blockchain explorer.</li><li>If the blockchain shows "Not Confirmed": &nbsp;<br> &nbsp; Please wait patiently for the blockchain to confirm the transaction.</li><li>If the blockchain shows "Confirmed" but the funds haven’t arrived:<br> &nbsp; Contact the receiving platform to assist with crediting the funds.</li></ul><p><br></p><h2><strong>How to View Your Withdrawal History</strong></h2><ul><li>Navigate to Assets - Withdrawals.</li><li>Scroll to the bottom of the page.</li><li>Click the link under the address you want to check for details.</li></ul><h2><img src="https://uploads.bydfi.in/events/cmsBYD.1735571228281.Withdrawal.png" alt="BYD.1735571228281.Withdrawal.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735571228281.Withdrawal.png" style="width: 100%;"/><br><strong>Common Reasons for Withdrawal Failures</strong></h2><p>Several factors can cause a withdrawal to fail:</p><ul><li>Incorrect Address:<br> &nbsp; Ensure the withdrawal address is accurate and complete. Verify the selected currency and chain are correct.</li><li>Missing or Incorrect Tag/Memo:<br> &nbsp; Some assets require a Tag or Memo for successful transfers. Ensure this information is accurate and complete.</li><li>Network Delays:<br> &nbsp; Blockchain congestion or delays can affect processing times.</li><li>Other Reasons:<br> &nbsp; If the failure is unrelated to the above, the funds will be returned to your BYDFi account. If the withdrawal hasn’t been processed after 1 hour, submit a request or contact customer service for assistance.</li></ul><p><br></p><h2><strong>Do I Need to Verify KYC to Withdraw?</strong></h2><ul><li>Unverified Users: Can withdraw up to <strong>50,000 USDT</strong> per day.</li><li>Verified Users: Can withdraw up to <strong>500,000 USDT</strong> per day.</li></ul><p>If risk control is triggered, completing KYC verification may be required before withdrawal. </p><p>For VIP users, withdrawal limits vary—<a href="https://www.bydfi.com/en/vip?showRate=true" target="_blank">check the platform for details</a>.</p><p><br></p><h2><strong>Account Under Protection</strong></h2><p>For security, withdrawals are restricted for 24 hours after changes to sensitive account settings such as:</p><ul><li>Unbinding/closing Google Authenticator</li><li>Changing your phone number</li><li>Adjusting other security settings</li></ul><p>If protection extends beyond 24 hours, <a href="mailto:cs@bydfi.com" target="_blank">contact customer service</a> for assistance.</p><p><br></p><h2><strong>What Happens with Incorrect Addresses?</strong></h2><ul><li>Incorrect Address: <br> &nbsp; If the address is invalid, the transaction will fail, and funds will be returned to your BYDFi account.</li><li>Successful Sending to Wrong Address:<br> &nbsp; If the withdrawal is sent to a valid but unintended address, the blockchain's irreversibility means the funds cannot be retrieved.</li></ul><p><br></p><h2><strong>Forgot to Fill in Tag or Memo?</strong></h2><p>If you forget the Tag or Memo, the funds may be sent but not credited properly.</p><p>Contact the receiving platform for verification and assistance.</p><p><br></p><h2><strong>Withdrawing Unsupported Coins</strong></h2><p>The BYDFi platform verifies the address format but does not ensure the recipient supports the coin.</p><p>If you withdraw unsupported coins, you must coordinate directly with the recipient to resolve the issue.</p>

Withdrawal FAQs

Withdrawal FAQs｜BYDFi Help Center

<p>The <strong>Send</strong> feature on BYDFi allows users to transfer crypto assets instantly between BYDFi accounts <strong>with zero fees</strong>. This is a fast and convenient way to move funds without using blockchain transfers or paying gas fees.</p><p><br></p><h2>Step-by-Step Guide to Sending Assets (PC)</h2><h3>1. Access the Send Page</h3><ul><li>Log in to your BYDFi account and click on Assets</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758616018633.image.png" alt="BYD.1758616018633.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758616018633.image.png" style=""/></p><ul><li>Click Send on the Assets page</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758616046708.image.png" alt="BYD.1758616046708.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758616046708.image.png" style="width: 100%;"/></p><h3>2. Select Cryptocurrency</h3><ul><li>Choose or search for the cryptocurrency you want to send.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758616121326.image.png" alt="BYD.1758616121326.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758616121326.image.png" style="width: 100%;"/></p><h3>3. Enter Receiver Information</h3><ul><li>Fill in the registered email, phone number, or UID of the recipient’s BYDFi account.</li></ul><p>⚠️ Make sure the information is correct before confirming.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758616153927.image.png" alt="BYD.1758616153927.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758616153927.image.png" style="width: 100%;"/></p><h3>4. Enter Transfer Details</h3><ul><li>Input the transfer amount.</li><li>Enter your Fund Password and Verification Code.</li><li>Click Confirm to complete the transfer.</li></ul><p>The assets will be transferred instantly to the other BYDFi user’s account, completely free of charge.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1758616270751.image.png" alt="BYD.1758616270751.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1758616270751.image.png" style="width: 100%;"/></p><h2>Important Notes</h2><ul><li>Different cryptocurrencies may have different transfer limits.</li><li>Always double-check the recipient’s UID or Username before sending assets.</li><li>If you encounter any issues during the transfer, please contact BYDFi Customer Support via Live Chat for assistance.</li></ul><p>✅ With the <strong>Send Assets (PC)</strong> feature, BYDFi makes it easy to transfer funds instantly and securely between users, helping you save both time and transaction fees.</p>

How to Send Assets on BYDFi (PC)

How to Send Assets on BYDFi (PC)｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1744276087071.image.png" alt="BYD.1744276087071.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744276087071.image.png" style="width: 100%;"/><strong>How to Obtain the Perpetual Contract Bonus</strong></p><p>You can directly get the perpetual contract bonus by participating in platform activities.</p><p>All bonuses are issued to default wallet and are only applicable to USDT-M perpetual contracts.</p><p><br></p><p><strong>What Is the Perpetual Contract Bonus?</strong></p><p>The Perpetual Contract Bonus can be used to deduct up to 50% of both trading fees and margin when placing orders on USDT-M perpetual contracts.</p><p><br></p><p><strong>How to Use Perpetual Contract Bonus?</strong></p><p>Select the default wallet on the trading page to use your bonus.</p><p>Bonus must be used with actual (cash) funds and cannot be used alone to open positions.</p><p>If there's no cash in default, you can't open a position, even with bonus.</p><p><br></p><p><strong>Limitations of the Perpetual Contract Bonus</strong></p><p>Supports only One-Way Mode.</p><p>The bonus can be used to offset: 50% of trading fees and 50% of margin.</p><p>Fees offset by bonus do not generate commissions.</p><p>When bonus are present in the default wallet: If the total wallet balance is below 100 USDT, the maximum leverage allowed across contracts is limited to 5×.</p><p>(This rule is subject to future adjustments.)</p><p><br></p><p><strong>Bonus & Fund Transfer Restrictions</strong></p><p>If there are no active positions or open orders, you may freely transfer your funds. However, any unused bonus will immediately expire.</p><p>If there are active positions or open orders, fund transfers will be disabled when bonus are present.</p><p><br></p><p><strong>Bonus Expiry Handling</strong></p><p>When a bonus expires and there are insufficient transferable funds in the account: The system will first cancel all pending orders; If still insufficient, it will proceed to force close positions to complete the bonus recall process.</p><p><br></p><p>Example: Bonus Expiration and Recall</p><p>Suppose you have a 100 USDT bonus that is about to expire. Your current default wallet balance is 150 USDT, which includes 100 USDT in bonus and 50 USDT in actual funds.</p><ul><li>Available Transferable Amount (AM) = Wallet Balance - Frozen Margin + Unrealized PnL</li></ul><p>If AM is less than 100 USDT, the system will automatically cancel open orders. If the amount is still insufficient, positions will be force-closed at market price to recall the expired bonus.</p>

How to Use Bonus?

How to Use Bonus on BYDFi｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1744274505226.image.png" alt="BYD.1744274505226.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744274505226.image.png" style="width: 100%;"/></p><p><br></p><h3>What Is Coupon?</h3><p>A coupon can be used for the trading fee of Perpetual Contracts, and the commission other than the deduction can still be commission rebated.</p><p><br></p><p><br></p><p>The following describes the usage scenarios in perpetual contracts:</p><p><br></p><p><strong>Using Coupon in Perpetual Contracts</strong></p><p>The perpetual contract bonus and the coupon can be used at the same time, and the order of deduction is coupon &gt; bonus &gt; user's own assets.</p><p><br></p><p>Example: Let’s say you place a perpetual order with a trading fee of 12U. The coupon for this product allows up to 30% fee deduction, and your current assets include: 10U bonus and 10U coupon</p><p><br></p><p>1️⃣ Use Coupon First (Up to 30% of the fee)</p><p>• 12U × 30% = 3.6U</p><p>• Coupon used: 3.6U</p><p>• Remaining fee: 12U – 3.6U = 8.4U</p><p><br></p><p>2️⃣ Use Bonus Next (Up to 50% of the remaining fee)</p><p>• 8.4U × 50% = 4.2U</p><p>• Bonus used: 4.2U</p><p>• Remaining fee: 8.4U – 4.2U = 4.2U</p><p><br></p><p>3️⃣ Use User’s Own Funds</p><p>• Remaining 4.2U is paid using your cash balance.</p><p><br></p><p>💰 Final Asset Status:</p><p>• Coupon remaining: 10U – 3.6U = 6.4U</p><p>• Bonus remaining: 10U – 4.2U = 5.8U</p>

How to Use Coupon

How to Use Coupon on BYDFi｜BYDFi Help Center

<p><img src="https://uploads.bydfi.in/events/cms/BYD.1764237006574.image.png" alt="BYD.1764237006574.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1764237006574.image.png" style="width: 100%;"/></p><p>To reduce copy-trading risks and improve the Smart Copy experience, BYDFi has introduced the Copy Loss Protection Voucher. When eligible conditions are met, the voucher compensates losses on the first Smart Copy position opened after activation — giving you a safer and more secure copy-trading experience.</p><p>Below are the most common questions and answers to help you understand how the Copy Loss Protection Voucher works:</p><p><br></p><h2><strong>1. Why didn’t my copy trade receive compensation?</strong></h2><p>The Copy Loss Protection Voucher only supports Smart Copy. If you are using Diverse Follow, the voucher will not apply.</p><p><br></p><h2><strong>2. Why didn’t my first copy trade get compensated after receiving the voucher?</strong></h2><p>Reason: The voucher only protects the first Smart Copy position opened after claiming the voucher.</p><p>If your first copy-traded position already existed before claiming the voucher, it is not eligible for compensation.</p><p><br></p><h2><strong>3. Why does compensation sometimes cover only the first trade, and sometimes cover later trades too?</strong></h2><p>Because the voucher protects the entire copy-trading position under the following logic:</p><ul><li>If you copy the same trader and open positions in the same trading pair, the system treats them as one combined strategy position.</li><li>Any additional entries (add-ons) within that protected position also qualify.</li><li>This is why both the first and second positions may be covered.</li></ul><p>However: Copying a different trader or different trading pair is not covered.</p><p><br></p><h2><strong>4. Why didn’t I receive compensation for the full loss amount?</strong></h2><p>Compensation follows these rules:</p><ul><li>If loss &gt; voucher amount → compensation = voucher amount (maximum)</li><li>If loss &lt; voucher amount → compensation = actual loss</li></ul><p>📌 The voucher does not provide unlimited compensation. It compensates up to the voucher value only.</p><p><br></p><h2><strong>5. When will compensation be paid?</strong></h2><p>Once conditions are met, compensation is issued <strong>daily at 02:00 (UTC)</strong> to your Copy Wallet.</p><p><br></p><h2><strong>6. Can a voucher be used for multiple positions?</strong></h2><p>No. One voucher only protects one copy-trading position (same trader + same trading pair).</p><p><br></p><h2><strong>7. Can I rebind or change the protected position?</strong></h2><p>No. The voucher automatically binds to the first newly opened Smart Copy position after claiming it. Once bound, it cannot be changed.</p><p><br></p><h2><strong>8. If I have multiple vouchers, which one will be bound first?</strong></h2><p>Binding priority:</p><ul><li>Voucher with the earliest expiry date</li><li>If expiry is the same → voucher received earlier binds first</li></ul><p><br></p><h2><strong>9. When does the voucher become invalid?</strong></h2><p>The voucher becomes invalid if:</p><ul><li>No position is opened before expiry</li><li>The bound position remains open when the voucher expires</li><li>You switch from follower → trader</li><li>The position closes with a profit (no loss to compensate)</li><li>The position existed before claiming the voucher (not eligible)</li></ul><p><br></p><h2><strong>10. Why didn’t the voucher bind even though I opened a new position?</strong></h2><p>Common reasons include:</p><ul><li>The trading pair already had an open position (not a new position)</li><li>Your role is Trader, not Follower</li><li>The voucher has expired or is invalid</li><li>The order was not executed via Smart Copy</li></ul><p><br></p><h2><strong>11. My protected position was liquidated. Can it still be compensated?</strong></h2><p>Yes, but depending on the liquidation scenario:</p><h3><strong>Multi-pair simultaneous liquidation</strong></h3><ul><li>Loss is calculated using bankruptcy price</li><li>No additional liquidation fees counted</li><li>Compensation applies if other conditions are met</li></ul><h3><strong>Single-pair liquidation</strong></h3><ul><li>Standard liquidation fees are included in the loss</li><li>Compensation applies based on total loss</li></ul><p><br></p><h2><strong>Conclusion</strong></h2><p>The Copy Loss Protection Voucher is a powerful risk-control tool that makes Smart Copy trading safer and more beginner-friendly. Understanding the rules and scenarios above will help you better determine whether your positions qualify for compensation.</p><p><br></p><p>If you have further questions, feel free to contact the <a href="mailto:cs@bydfi.com" target="_blank">BYDFi Support Team</a> — we’re always here to help!</p>

BYDFi Copy Loss Protection Voucher FAQ

BYDFi Copy Loss Protection Voucher FAQ｜BYDFi Help Center

<h2>What Is a Coin Gift?</h2><p>A <strong>Coin Gift</strong> on BYDFi allows you to send cryptocurrency as a gift to your friends <strong>via the BYDFi App</strong>. Even if your friend has not registered for BYDFi, they can claim the Coin Gift after signing up through your shared link.</p><p>There are two types of Coin Gifts available on the App:</p><ul><li>General Gift: Each recipient gets the same fixed amount.</li><li>Fortune Gift: The system automatically distributes different amounts randomly among recipients.</li></ul><p>The type of gift your friend receives depends on your settings when creating the Coin Gift.</p><p><br></p><h2>What Is a Coin Gift Password?</h2><p>When sending a Coin Gift on the BYDFi App, you can set a <strong>password</strong> for extra security (optional).</p><ul><li>If enabled, recipients must enter the 6-digit password (letters or numbers) you set to claim the gift.</li><li>If no password is set, recipients can redeem the Coin Gift directly via the App link or QR code.</li></ul><p><br></p><h2>📱 Coin Gift Usage Tutorial (APP Only)</h2><h3>1. Open the Gifts Section</h3><ul><li style="text-align: start;">On the BYDFi APP homepage, tap More.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759396451489.image.png" alt="BYD.1759396451489.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759396451489.image.png" style="width: 50%;"/></p><ul><li>Select Gifts.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759396520769.image.png" alt="BYD.1759396520769.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759396520769.image.png" style="width: 50%;"/></p><h3>2. Choose to Send Gift</h3><ul><li>You will see two options: Send Gift or Receive Gift.</li><li>Tap Send to create a new Coin Gift.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759396555924.image.png" alt="BYD.1759396555924.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759396555924.image.png" style="width: 50%;"/></p><h3>3. Navigate to the Coin Gift Section</h3><p>• On the top-left corner, switch from Reward Gift to Coin Gift.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759396774916.image.png" alt="BYD.1759396774916.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759396774916.image.png" style="width: 50%;"/></p><h3><strong>4. Enter Gift Details</strong></h3><ul><li>Set the number of recipients (e.g., 20).</li><li>Enter the total amount of the Coin Gift and select the token (e.g., USDT).</li></ul><p>Choose the gift type: </p><ul><li>Fortune Gift – The system randomly assigns different amounts to each recipient. </li><li>General Gift – Each recipient receives the same fixed amount.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759397012153.image.png" alt="BYD.1759397012153.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759397012153.image.png" style="width: 50%;"/></p><p><strong>Advanced Settings (Optional):</strong></p><ul><li>Add a Note for the recipients.</li><li>Set a Password (6 characters, numbers + uppercase/lowercase letters) to protect the Coin Gift.</li><li>Set Validity Period (e.g., 24h, 48h, 72h).</li><li>Restrict Recipients to New Users Only or Sub-Affiliates Only if needed.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759398278081.image.png" alt="BYD.1759398278081.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759398278081.image.png" style="width: 50%;"/></p><h3>5. Confirm Your Gift</h3><ul><li>Tap Confirm and enter verification code to finalize the setup.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759397440842.image.png" alt="BYD.1759397440842.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759397440842.image.png" style="width: 50%;"/></p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759397461451.image.png" alt="BYD.1759397461451.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759397461451.image.png" style="width: 50%;"/></p><h3>6. Share the Gift</h3><ul><li>Share your Coin Gift via banner or Gift code</li><li>Friends can claim the Coin Gift instantly <strong>through the BYDFi App</strong> after registering.</li></ul><p><img src="https://uploads.bydfi.in/events/cms/BYD.1759397492719.image.png" alt="BYD.1759397492719.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1759397492719.image.png" style="width: 50%;"/></p><h2>Important Notes About Coin Gift (APP Only)</h2><ul><li>The sender must <a href="https://www.bydfi.com/en/user/account-overview" target="_blank">complete KYC</a> and <a href="https://beta.bydfi.com/en/support/FAQs/articles/i75ctwefm8cz" target="_blank">bind Google Verification</a> or set a Fund Password.</li><li>Daily sending limit: 200 Coin Gifts.</li><li>Daily total sending/receiving cap: 10,000 USDT.</li><li>Each Coin Gift has a validity period. If unclaimed before expiry, the amount will be returned to the sender’s account.</li><li>Coin Gift is currently available only on the BYDFi App (<a href="https://apps.apple.com/us/app/id6444251506" target="_blank"><strong>iOS</strong></a><strong>/</strong><a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="_blank"><strong>Android</strong></a>), not on PC.</li></ul><p>⚠️ &nbsp;Please note: Access to Coin Gift may be restricted based on your country of residence.</p>

How to Send Coin Gift on BYDFi (APP)

How to Send Coin Gift on BYDFi (APP) ｜BYDFi Help Center

<p style="text-align: start;"><img src="https://uploads.bydfi.in/events/cmsBYD.1735810273376.image.png" alt="BYD.1735810273376.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735810273376.image.png" style=""></p><p style="text-align: start;">Dear Users,</p><p style="text-align: start;"> </p><p style="text-align: start;">In the ever-evolving world of cryptocurrency trading, BYDFi remains committed to providing an exceptional trading experience for our users. We continuously seek ways to make our platform more accessible to traders and to reward our loyal users.</p><p style="text-align: start;">BYDFi has launched the new "Invite Friends Program." With this feature, you can easily invite friends to join the BYDFi platform, earning fantastic rewards while enjoying the excitement of cryptocurrency trading.</p><p style="text-align: start;"> </p><p style="text-align: start;"><strong>Introduction:</strong></p><p style="text-align: start;"> </p><p style="text-align: start;">1. Lucky Wheel</p><p style="text-align: start;">In each round of Lucky Wheel, share the event and invite your friends to register, once your friends complete the tasks, you will get the chance to draw the Lucky Wheel, and you will get 100USDT cash voucher when you collect 100 coins in the raffle.</p><p style="text-align: start;">Note: The cash voucher can be convert to your Spot account for trading or withdrawal.</p><p style="text-align: start;"> </p><p style="text-align: start;">2. Assist to Earn</p><p style="text-align: start;">During the event, share the event and invite 2 friends to boost, after your friends have register an account and completed the deposit + trading within 7 days, you and your 2 friends will be rewarded with receive bonus reward.</p><p style="text-align: start;"> </p><p style="text-align: start;">3. Lucky Mystery Box</p><p style="text-align: start;">Share the invitation link during the event, and for every friend you invite within 15 days who completes the specified deposit trading volume task, both of you can receive bonus and Lucky Mystery Box.</p><p style="text-align: start;"> </p><p style="text-align: start;">Join the new “Invite Friends” Promotion and invite your friends to join BYDFi, share the fun of trading and win great rewards!</p><p style="text-align: start;"> </p><p style="text-align: start;">If you have any questions, feel free to contact our customer service.</p><p style="text-align: start;"> </p><p style="text-align: start;">Note:</p><ul><li style="text-align: start;">You can choose one of the three event and cannot participate in the same activity at the same time.</li><li style="text-align: start;">All reward are valid for claim and use.</li><li style="text-align: start;">BYDFi reserves the right of final interpretation of the program.</li></ul><p style="text-align: start;"> </p><p style="text-align: start;"> </p><p style="text-align: start;">BYDFi Team</p><p style="text-align: start;">2024/08/23</p><p style="text-align: start;"> </p>

BYDFi Brand-New Invite Friends Program

BYDFi Brand-New Invite Friends Program｜BYDFi Help Center

<p style="text-align: start;"><img src="https://uploads.bydfi.in/events/cmsBYD.1735810105636.image.png" alt="BYD.1735810105636.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735810105636.image.png" style="width: 100%;"></p><h2>🎯 Event Overview</h2><p>The <strong>BYDFi Lucky Wheel Event</strong> gives users the chance to earn exciting rewards by completing daily challenges, inviting friends, and trading on the platform.<br><br>During the event period, users can <strong>collect Lucky Coins</strong> and spin the Lucky Wheel for a chance to win exclusive prizes, including a <strong>100 USDT Voucher</strong> that can be used for trading or withdrawals.</p><p><br></p><h2>📌 Event Summary</h2><ul><li>Click Lucky Wheel on the event page and sign up to join the challenge.</li><li>Collect 100 Lucky Coins within 7 days to complete the event challenge.</li><li>Each round lasts 7 days, and users can participate in multiple cycles repeatedly.</li></ul><p>The more you trade, share, and invite, the faster you earn spins and complete the challenge!</p><p><br></p><h2>💎 Activity Rewards</h2><ul><li>Successfully completing the challenge will earn you a 100 USDT Voucher.</li><li>This voucher can be redeemed directly in your Spot Account for trading or withdrawal.</li><li>Each cycle offers a new chance to win, so you can participate multiple times.</li></ul><p><br></p><h2>🪙 Reward Distribution</h2><ul><li>After completing the challenge, your account will be reviewed by the system.</li><li>Once the review is complete, the reward will be issued to your Voucher Center.</li><li>Users must click the “Claim” button in the pop-up notification to receive their voucher reward.</li></ul><p><br></p><h2>⏰ Event Duration and End</h2><ul><li>Each event cycle lasts for 7 days.</li><li>The event can end manually at any time or automatically when the time expires.</li><li>Tasks can be completed early to receive rewards in advance.</li></ul><p><br></p><h2>📱 How to Participate in the Lucky Wheel Event</h2><h3>Step 1: Join the Event</h3><p>1️⃣ On the BYDFi App homepage, tap <strong>Invite Friends</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521733628.image.png" alt="BYD.1760521733628.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521733628.image.png" style="width: 50%;"/><br><br>2️⃣ Select <strong>Go</strong> under the <strong>Lucky Wheel</strong> section to enter the event page.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521755957.image.png" alt="BYD.1760521755957.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521755957.image.png" style="width: 50%;"/></p><h3>Step 2: Start the Lucky Wheel</h3><p>3️⃣ Click <strong>Start Next Round</strong> to begin your challenge.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521810235.image.png" alt="BYD.1760521810235.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521810235.image.png" style="width: 50%;"/><br><br>4️⃣ Earn Lucky Coins by sharing the event, inviting friends, and completing trading tasks.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521872218.image.png" alt="BYD.1760521872218.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521872218.image.png" style="width: 50%;"/></p><h3>Step 3: Manage Your Progress</h3><p>5️⃣ Tap <strong>My Records</strong> to check your invitation and reward history.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521896458.image.png" alt="BYD.1760521896458.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521896458.image.png" style="width: 50%;"/><br><br>6️⃣ Click the <strong>top-right icon</strong> for detailed trading rules.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760521947370.image.png" alt="BYD.1760521947370.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760521947370.image.png" style="width: 50%;"/><br><br>7️⃣ You can also <strong>end your current round manually</strong> by clicking the icon next to the countdown timer.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760522021329.image.png" alt="BYD.1760522021329.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760522021329.image.png" style="width: 50%;"/></p><h3>Step 4: Invite and Earn</h3><p>8️⃣ Tap <strong>Invite Friends to Get a Spin Opportunity</strong>.</p><p><img src="https://uploads.bydfi.in/events/cms/BYD.1760522052336.image.png" alt="BYD.1760522052336.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1760522052336.image.png" style="width: 50%;"/><br><br>9️⃣ Share the event with your friends — when they register and complete tasks, you both earn <strong>extra spin chances</strong> and rewards!</p><p><br></p><h2>⚠️ Important Notes</h2><ul><li>Each Invite Friends activity must be joined individually; users cannot participate again in the same cycle.</li><li>Rewards have expiration dates for claiming and use — redeem them before they expire.</li><li>Rewards are reviewed and distributed within 3 working days after the event ends.</li><li>Rewards will not be issued if both participants are registered agents.</li><li>Malicious or fraudulent activity (such as multi-account creation or manipulation) is strictly prohibited. BYDFi reserves the right to disqualify users who engage in dishonest behavior.</li><li>BYDFi reserves the final interpretation rights and may adjust or cancel the event without prior notice.</li></ul>

Spot TradingFutures TradingTrading Bots价格导航买币导航Sitemap币说工具导航Help Center

Spot Trading Futures Trading Trading Bots 价格导航买币导航 Sitemap 币说工具导航 Help Center