BYDFi vs Bybit: Which Platform Is Right for You?

Choosing a crypto trading platform is a serious decision. Fees, safety, ease of use, and trust all matter. Two platforms that often come up in comparisons are BYDFi and Bybit.

Both support perpetual trading. Both serve global users. But they are built with different priorities in mind. This guide explains the real differences in clear, simple language.

Platform Background and Trust

BYDFi was launched in 2020 and has grown steadily into a global crypto trading platform serving users across more than 190 countries. Beyond trading features, BYDFi has also invested heavily in brand trust and global visibility. In 2025, BYDFi became the Official Cryptocurrency Exchange Partner of Newcastle United, one of the most historic football clubs in the English Premier League.

This partnership signals long-term commitment, financial stability, and global credibility. Brands that operate at this level are usually focused on sustainability rather than short-term hype.

Bybit, founded in 2018, is also a well-known exchange with a strong presence in derivatives trading. It is widely used by experienced traders but places less emphasis on mainstream brand partnerships.

Quick Comparison Table

Feature	BYDFi	Bybit
Founded	2020	2018
Global Users	1M+	Millions
Max Leverage	Up to 200x	Up to 100x
KYC Requirement	Optional	Required in most regions
Copy Trading	Beginner-friendly	Advanced
On-Chain Trading	Yes (MoonX)	Limited
Brand Partnerships	Newcastle United (Premier League)	Fewer mainstream partnerships

Trading Fees and Cost Efficiency

Trading fees directly affect long-term results.

BYDFi is designed as a low-fee perpetual trading platform with clear pricing that works well for beginners and everyday traders. Users do not need special status to access competitive rates.

Bybit also offers solid fee structures, but its best discounts often require higher trading volumes. This setup favors professional traders more than casual users.

For traders who want predictable costs, a low-fee perpetual trading platform like BYDFi reduces pressure and improves consistency.

Leverage and Trading Flexibility

BYDFi offers leverage up to 200x, giving traders more strategic freedom. Combined with isolated and cross margin modes, this allows better risk control for different styles of trading.

Bybit limits leverage to 100x, which may be enough for many traders but offers less flexibility for advanced strategies.

Because of this balance between cost and flexibility, BYDFi works well as a low-fee perpetual trading platform for both cautious and aggressive traders.

Ease of Use and Learning Curve

BYDFi focuses on simplicity:

• Clean interface 
• Easy order placement 
• Demo trading with virtual funds 
• Copy trading for learning 

These features make it easier for new users to start confidently.

Bybit provides powerful tools but has a steeper learning curve. New traders may feel overwhelmed at first.

For accessibility, BYDFi stands out as a low-fee perpetual trading platform built for real people, not just professionals.

Copy Trading and Smart Following

Copy trading helps users learn by following experienced traders.

BYDFi offers structured copy trading with:

• Low minimum amounts 
• Clear trader performance data 
• Separate risk control per trader 

Bybit also supports copy trading, but the system is better suited for users who already understand leverage and volatility.

As a low-fee perpetual trading platform, BYDFi makes copy trading less intimidating and more practical.

On-Chain Trading Advantage

BYDFi integrates MoonX, an on-chain trading engine that supports MemeCoins on Solana and BNB Chain. Users can track early-stage tokens, follow smart money, and access real-time on-chain data in one place.

Bybit mainly focuses on centralized markets and offers limited on-chain access.

This hybrid approach makes BYDFi a low-fee perpetual trading platform with broader market reach.

Security and Asset Protection

BYDFi emphasizes transparency and protection:

• Proof of Reserves 
• Cold wallet storage 
• Asset segregation 
• Multi-layer security approvals 

The platform also maintains a large protection fund and publishes reserve data regularly.

Bybit also uses strong security systems, but BYDFi’s transparency and public trust signals, including its Newcastle United partnership, reinforce confidence.

Privacy and Account Access

BYDFi allows trading without mandatory identity verification for most users. This enables fast onboarding and global accessibility.

Bybit generally requires KYC, which can delay account access.

For users who value flexibility, BYDFi remains a low-fee perpetual trading platform with fewer barriers.

Who Is BYDFi Best For?

BYDFi is a strong choice if you:

• Are new or intermediate in crypto trading 
• Want lower fees without complex tiers 
• Prefer optional KYC 
• Value trust, transparency, and global credibility 
• Appreciate real-world brand partnerships like Newcastle United 

Who Is Bybit Best For?

Bybit may be better if you:

• Trade large volumes daily 
• Are already experienced with derivatives 
• Prefer a traditional professional trading environment

Final Verdict

Both platforms are reliable. The difference lies in approach.

BYDFi combines affordability, usability, and trust. Its role as a low-fee perpetual trading platform, along with its global partnership with Newcastle United, reflects long-term vision and stability.

Bybit remains a strong option for advanced traders, but for most users in 2025, BYDFi offers a better balance of cost, ease, and credibility.

FAQs

1. Is BYDFi safe to use?
   Yes. It uses cold storage, reserve proof, and asset segregation.
2. Does BYDFi sponsor a football club?
   Yes. BYDFi is the Official Cryptocurrency Exchange Partner of Newcastle United.
3. Is BYDFi beginner-friendly?
   Yes. It offers demo trading and copy trading.
4. Does BYDFi require KYC?
   No, KYC is optional for most features.
5. Which platform has lower fees?
   BYDFi generally offers lower fees for regular traders.
6. Can I trade MemeCoins on BYDFi?
   Yes, through its MoonX on-chain system.
7. Does Bybit offer higher leverage?
   No. BYDFi supports higher leverage.
8. Can I practice trading first?
   Yes, BYDFi provides a demo account.
9. Which platform is easier to use?
   BYDFi is simpler for most users.
10. Which is better overall?
    For most traders, BYDFi offers better value and accessibility.