Following Donald Trump’s election as US president, the crypto market has become more volatile. Uncertainty is pushing many investors to act emotionally, to the detriment of their long-term portfolios.
The exchange BYDFi offers automated strategies for risk management. In this review we discuss the platform and examine a few simple strategies for investing in unsettled market conditions.
What is BYDFi
BYDFi is a cryptocurrency exchange launched in 2020 under the name BitYard. In January 2023 the team провела a rebrand and introduced a new slogan: BUIDL Your Dream Finance (BYDFi).
«BUIDL is a slang spelling of the word build, popular in the crypto community. It not only means creating something new, but also calls for active action. The letter F in BYDFi denotes Finance, and i symbolizes each individual», — explain the platform’s representatives.
In 2025 BYDFi took second place in Forbes Advisor’s ranking of crypto exchanges and apps for beginners.
«BYDFi is one of the few exchanges that complies with the rules of the financial industry and has licences in Australia, Singapore and the United States. Users interested in spot trading will like the low fees and a decent selection of popular cryptocurrencies», ― Forbes claims.
BYDFi is a member of the CODE VASP Alliance, an organisation created by South Korean exchanges Bithumb, Coinone and Korbit. The alliance develops technological solutions and provides compliance services in accordance with the standards of the Financial Action Task Force (FATF).
The exchange provides proof of 1:1 backing of user assets by conducting regular Proof of Reserves audits.
Registration and trading on BYDFi
You can register on BYDFi via the сайт or the apps for Android and iOS.
Verification is not required for trading — it is enough to create an account and start immediately. However, the exchange recommends completing KYC to confirm identity in case of suspicious activity, as well as to withdraw more than 50,000 USDT per day.
After registration the exchange suggests strengthening account security. Users can enable two-factor authentication (Passkey and Google Authenticator) and add extra protections (a withdrawal whitelist and an anti-phishing code).
Then you can proceed to trading. As of April 2025 the platform has more than 1 million users worldwide and offers:
- spot trading in 600 cryptoassets;
- futures contracts with leverage up to 200x;
- copy trading and bot-driven trading.
Below are three popular strategies that automate trading and help minimise risk in a volatile market.
Grid trading, Martingale, DCA
Grid trading is a strategy used in range-bound markets. The trader sets a price band within which a bot automatically places a grid of orders: buying assets at the lower levels and selling at the upper ones.
«Grid trading is ideal for short-term trades during protracted consolidations in a bull market: narrow grids increase the frequency of trades, while wide ones maximise profit. This method removes the influence of emotions and does not require constant monitoring», — BYDFi representatives comment.
To set up a grid bot, go to the «Торговые боты» section on BYDFi and choose “Spot grid”. After that you can set parameters:
- price range — maximum (no more than five times the market price) and minimum (no less than one-fifth);
- number of grids — from two to 99;
- trigger price — the level at which the strategy activates.
Users can also choose “AI Strategy”, a function for automatically copying profitable strategies.
The Martingale principle is a high-risk trading strategy that involves increasing the purchase size after each losing trade until a winning one occurs. By buying assets on the way down, a trader lowers the average entry price and earns profit when the trend reverses.
«Martingale makes it possible to accumulate assets at a reduced price and is ideal for traders with large capital. The undoubted advantage of the strategy is its simplicity», — BYDFi representatives note.
To configure the strategy, select “Spot Martingale” in the «Торговые боты» section. Then set:
- investment amount — the first order and the number of safety orders, whose size will increase sequentially.
- price step — the percentage difference between two safety orders.
- take-profit ratio — the target profit level for each cycle.
Long-term investors can use dollar-cost averaging (DCA), which involves gradually purchasing an asset in small portions to build a position.
«DCA is one of the most popular and time-tested strategies in the crypto industry. It is ideal for long-term holders of bitcoin and other large cryptocurrencies. Investors do not need to wait for the “perfect moment” to enter a trade», — BYDFi representatives comment.
The DCA bot is available on BYDFi under the name “Spot investments” in the «Торговые боты» section. To set it up you need to:
- specify the stablecoin that will be used to buy cryptocurrency;
- choose assets for investment;
- set purchase intervals (from hourly to monthly).
Beginners who do not want to deal with bot settings and tracking market trends can copy other traders’ deals in the copy-trading section («Копировать»).
«Our system copies trades automatically. Users do not need to analyse the market — it is enough to choose a trader based on his or her returns over the last period and risk tolerance», — the exchange’s representatives conclude.
Conclusions
BYDFi is a relatively new player, operating since 2020. Over five years the exchange has significantly expanded its functionality and attracted more than 1 million users.
At the time of writing BYDFi supports more than 600 cryptoassets, offers futures with leverage up to 200x and automated trading via bots. The exchange has also launched a copy-trading platform, making it attractive to both beginners and experienced traders.