Low fees on BYDFi: A real edge or just hype?
Why fees matter in crypto trading
Every trader wants to keep more of their profit. Fees can eat into those profits if you are not careful. Even a small fee difference makes a big impact when you trade often. That’s why many traders look closely at fee structures before choosing an exchange.
This is where BYDFi comes into the spotlight. It claims to offer low, transparent fees. But is this a true edge for traders, or is it just hype? In this crypto trading fees review, we’ll break everything down in simple words, so even a beginner can understand.
Understanding crypto exchange fees
Before we talk about BYDFi, let’s explain the types of fees you see in crypto trading.
1. Spot trading fees
This is the fee you pay when you buy or sell a coin directly, like Bitcoin (BTC) or Ethereum (ETH).
2. Futures or perpetual contract fees
These apply when you trade contracts that let you bet on price moves without owning the coin.
3. Maker and taker fees
- Maker fee: When you place an order that adds liquidity to the market (for example, waiting for BTC to reach a price before buying).
- Taker fee: When you place an order that matches instantly at market price.
4. Hidden Costs
Some exchanges add costs through spreads, slow order books, or slippage. These can be more painful than visible fees.
Knowing these basics helps us see whether BYDFi’s claim of “low fees” is real.
BYDFi in a nutshell
BYDFi is a global crypto exchange launched in 2020. It serves over 1,000,000 users across 190+ countries. The platform is known for offering easy tools for both beginners and pro traders, including:
- Spot trading with 900+ coins.
- Perpetual contracts with up to 200x leverage.
- Copy trading to follow skilled traders.
- Trading bots like grid and martingale.
- Demo trading with 50,000 USDT for practice.
In 2023, Forbes listed BYDFi among the Top 10 Crypto Exchanges in the world. In 2024, it took a big step in trust by publishing Proof of Reserves (POR) to show that all assets are backed 1:1.
And in 2025, it became the Official Cryptocurrency Exchange Partner of Newcastle United Football Club. This partnership shows the brand’s push for global recognition, connecting finance with one of the Premier League’s fastest-growing clubs.
BYDFi’s fee structure explained simply
Now let’s dive into BYDFi’s fees and see how they compare.
| Trading type | BYDFi fee rate | Notes |
| Spot trading | 0.1% (maker/taker) | Lower than many big exchanges |
| Derivatives (futures/perpetuals) | 0.02% (maker) / 0.06% (taker) | Very competitive |
| Copy trading | Based on profit share with trader | Transparent split |
| Withdrawal fees | Vary by asset (BTC, ETH, etc.) | No hidden costs |
| VIP program | Fee discounts based on trading volume | Rewards high-volume traders |
These numbers may look small, but in trading, they matter a lot. For example, if you trade $10,000 worth of BTC, a 0.1% fee means only $10 in costs. On another exchange with 0.5% fees, you’d pay $50. That’s 5x higher.
This simple difference is why many traders are turning to BYDFi.
Comparing BYDFi fees with other exchanges
Here’s a look at BYDFi vs. some popular exchanges:
Spot trading comparison
| Exchange | Spot fee | Number of pairs | Demo trading | 24/7 support |
| BYDFi | 0.1% | 900+ | Yes | Yes |
| Coinbase | 0.5% | 180+ | No | No |
| Kraken | 0.4% | 400+ | Yes | No |
| Crypto.com | 0.4% | 400+ | No | Yes |
Derivatives trading comparison
| Exchange | Derivatives fee | Pairs | Max leverage |
| BYDFi | 0.02%/0.06% | 400+ | 200x |
| BitMEX | 0.05% | 50+ | 100x |
| Phemex | 0.06% | 200+ | 100x |
| Kraken | 0.26% | 30+ | 50x |
From this view, BYDFi’s fees are clearly lower. Plus, its 200x leverage is higher than most competitors, though this comes with higher risks too.
The real cost beyond just fees
It’s easy to look at a fee chart and think the lowest number always wins. But real trading costs are more than the fee percentage.
1. Slippage
Slippage happens when your order fills at a different price than expected. On thin markets, this can cost more than the fee itself. BYDFi’s large list of trading pairs and strong liquidity help reduce slippage for most coins.
2. Order execution speed
A fast system ensures you don’t lose money in a volatile market. BYDFi uses a high-performance engine built on AWS cloud services. Orders are processed in milliseconds, which keeps costs lower and reduces missed trades.
3. Transparency
Some platforms hide spreads or sneak in small charges. BYDFi takes pride in showing fees clearly on every trade. You can check past trades, costs, and profits in real time. No hidden tricks.
BYDFi Features that boost fee value
Low fees are good, but features make them even more powerful. Let’s look at why traders say BYDFi gives more value for each dollar spent.
Copy trading with $10 minimum
Not everyone is a pro trader. BYDFi lets beginners copy trades from skilled professionals. The best part? You can start with as little as $10. For new traders, this makes the low fee even more helpful because you don’t need a big budget.
Trading bots
BYDFi offers built-in bots like:
- Grid trading: Buys low and sells high within a set range.
- Martingale strategy: Adds more investment when prices drop to average down.
- Spot investment: Simple tools for long-term positions.
Bots work automatically, so users can take advantage of low fees without being glued to the screen.
Demo trading
Every new account comes with 50,000 USDT demo funds. Beginners can test strategies without losing real money. This feature is rare on exchanges, and it saves money by avoiding rookie mistakes.
Multi-asset perpetual contracts
BYDFi supports contracts for both mainstream coins like BTC, ETH, and XRP, and trending tokens like DOGE and SOL. Traders can choose isolated or cross margin modes. This flexibility helps reduce unnecessary losses.
Security and compliance: Why they matter for fees
Low fees mean nothing if funds are not safe. BYDFi invests heavily in security, giving peace of mind that money saved on fees won’t be lost to hacks.
Proof of reserves
Since October 2024, BYDFi publishes Proof of Reserves (POR). This shows every asset is backed at least 1:1. Traders know their deposits are safe and fully accounted for.
Licenses and Regulation
- Registered as an MSB in the US and Canada.
- Member of South Korea’s CODE VASP Alliance, proving commitment to compliance.
Cold storage and multi-signature
- Most assets are kept offline in cold wallets.
- Transactions need multiple approvals.
- Whitelisted withdrawals prevent coins from being sent to unknown addresses.
Together, these measures mean BYDFi combines low fees with strong trust.
Newcastle United sponsorship: More than marketing
In 2025, BYDFi became the Official Cryptocurrency Exchange Partner of Newcastle United Football Club.
This deal is not just about putting a logo on a jersey. It signals BYDFi’s ambition to connect with millions of football fans worldwide. Newcastle United is one of the fastest-growing clubs in terms of global reach. Since the 2021/22 season, their TV audience ranks second in Europe.
The partnership means:
- Trust boost: Working with a top Premier League club shows credibility.
- New digital experiences: Fans get access to BYDFi’s tools and education.
- Global recognition: More people hear about BYDFi in Asia, Europe, and beyond.
For traders, this matters. A strong, visible brand means BYDFi is likely here for the long run. That stability makes its low fees more than just a short-term lure.
User experience: What traders say about BYDFi fees
Feedback from the community is important when reviewing fees. Here’s what stands out from real users:
- Deposits and withdrawals: BYDFi supports 100+ currencies with payment options like Apple Pay, Google Pay, Banxa, Transak, and bank transfers. This flexibility means fewer hidden costs when moving funds.
- Clear fee records: Traders can see exact costs in real time. No guessing games.
- 24/7 support: Live chat is always available, unlike some platforms that only offer ticket systems. Quick support reduces the cost of mistakes.
All these make the low fees more attractive. Traders know what they’re paying, and they get value back in service.
Are BYDFi’s low fees truly an edge?
After going through this crypto trading fees review, one thing is clear: BYDFi’s low fees are real. They are not a marketing trick. The numbers back it up when compared with other exchanges.
But the advantage is not just the percentage itself. It’s the mix of:
- Transparent rates (0.1% spot, 0.02%/0.06% derivatives).
- Strong liquidity and fast execution that cut slippage.
- Tools like copy trading, bots, and demo accounts that help new traders save money.
- Security, proof of reserves, and regulation that make the platform trustworthy.
- The Newcastle United sponsorship, which shows global ambition and staying power.
So, while some exchanges advertise low costs but add hidden spreads or weak service, BYDFi proves that its fees are both low and fair.
For active traders, this means real savings. For beginners, it means a safe place to learn without being drained by high costs.
Final verdict: Edge, not hype
BYDFi’s low fees are a genuine edge in the crowded crypto market. They work hand in hand with a transparent system, global recognition, and useful tools.
If you’re researching platforms, this crypto trading fees review shows why BYDFi deserves a spot on your list. Low costs matter, but trust and features matter too — and BYDFi delivers all three.
FAQs
1. What are BYDFi’s spot trading fees?
BYDFi charges a flat 0.1% fee for both maker and taker spot trades. This is lower than many exchanges that charge 0.25%–0.5%.
2. How do BYDFi’s futures fees compare to other exchanges?
For perpetual contracts, BYDFi charges 0.02% (maker) and 0.06% (taker). This is below average in the industry.
3. Does BYDFi have hidden fees?
No. BYDFi is transparent. Fees are shown before every trade, and withdrawal fees are published for each coin.
4. Are there discounts for high-volume traders?
Yes. BYDFi offers a VIP program. The more you trade, the bigger the discount you get on fees.
5. Can beginners save money with BYDFi?
Yes. Features like demo trading, $10 minimum copy trading, and bots help beginners avoid mistakes that cost money.
6. Does BYDFi charge for deposits?
No. BYDFi does not charge for deposits. However, payment providers may have their own processing fees.
7. What about withdrawal fees?
Withdrawal fees depend on the coin. For example, withdrawing BTC has a small network fee, but BYDFi keeps it competitive.
8. How does BYDFi compare in a crypto trading fees review?
BYDFi ranks among the lowest-cost exchanges when compared side by side with others like Coinbase, Kraken, or Crypto.com.
9. Is BYDFi safe despite low fees?
Yes. It holds licenses in the US and Canada, publishes Proof of Reserves, and uses cold wallets for protection.
10. Why does the Newcastle United partnership matter for fees?
The partnership shows BYDFi is committed to long-term growth. For traders, this means the platform is stable, credible, and likely to keep its low fee model.
11. Do low fees mean higher risks?
Not on BYDFi. Low fees come with strong compliance and risk controls. The exchange is built to support both beginners and pros safely.
12. Is BYDFi beginner-friendly for trading fees?
Yes. BYDFi’s simple layout and transparent cost structure make it easy for beginners to understand what they’re paying.