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 Reward Gift is similar to the Coin Gift, except that the reward type distributed is a Bonus or Coupon. This feature can make agents more appealing when recruiting new users. Use the Reward Gift to attract new users to register through your link or QR code. Details are as follows:
 
 1. Click "Gifts" at the homepage
 <img src="https://uploads.bydfi.in/events/cmsBYD.1740985895362.image.png" alt="BYD.1740985895362.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1740985895362.image.png" style="width: 50%;">
 2. &nbsp;Select "Send"
 <img src="https://uploads.bydfi.in/events/cms1736162405928x72aYeUSneEU.png" alt="image.png" data-href="" style="width: 50%;">
 3. Click the upper left corner to switch to Reward Gift (this feature is only available after applying for a bonus gift account)
 <img src="https://uploads.bydfi.in/events/cms1736162405983b4lWre1AFrvM.png" alt="image.png" data-href="" style="width: 50%;">
 4. Select the Gift Type (Bonus / Coupon)
 <img src="https://uploads.bydfi.in/events/cms1736162406025s3pflIAHntpK.png" alt="image.png" data-href="" style="width: 50%;"><img src="/guide-media/01JC025MW5ER8X34Z3TBEXSZK6" alt="" data-href="" style="">
 5. Use "Advanced Settings" to limit gift recipients for better promotion results!
 <img src="https://uploads.bydfi.in/events/cms17361624060868ZLTTiFCFPen.png" alt="image.png" data-href="" style="width: 50%;">
 6. Share posters to attract more users to become your referrals!
 <img src="https://uploads.bydfi.in/events/cms1736162406126Uu3o1rCWlLvm.png" alt="image.png" data-href="" style="width: 50%;">
 
 Note:
 • General Gift = Fixed Amount Gift
 • Fortune Gift = Random Amount Gift
 • To activate the reward gift feature, please contact your BD
 • For further assistance, please contact our <a href="mailto:cs@bydfi.com" target="">online support</a>
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How to Send Reward Gift (APP)

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 <h4>General</h4>
 BYDFi Fintech LTD is committed to protecting and respecting the privacy of all users of our platform, products, and services ("Users" or "You").
 This privacy policy (this “Privacy Policy”) (together with our Terms and Conditions of Use published (the “Terms of Use”)) governs our collection, keeping, processing, sharing and other uses of your Personal Information. “Personal Information” refers to information that identifies you personally, including but not limited to your name, address, e-mail address and trades. Any capitalized terms shall have the same meaning as provided under the Terms of Use, unless specified or defined otherwise in this Privacy Policy.
 The purpose of this Privacy Policy is to inform you.
 (1) Who BYDFi is and how you can contact us.
 (2) The type of personal information we may collect from you, the reasons for collecting that information, how we may use it, and how long we will retain it.
 (3) Our use of information about internal protocol addresses ("IP addresses") and our use of cookies.
 (4) Any disclosure of your personal information to third parties.
 (5) Your authority to access, correct, update, restrict the use of, request the transfer of and/or delete your personal information from us.
 (6) The extent to which we use your personal information for automated decision making or analysis.
 (7) The security measures taken to prevent the loss, misuse or alteration of personal information under our control.
 (8) Your right to file a complaint.
 Who is BYDFi
 BYDFi is a company registered in Seychelles and was founded in 2019 to design, manage and operate a professional platform for the provision of cryptocurrency contracts and related services that are trusted by many users.
 We offer cross-platform trading through our website and mobile application, providing highly liquid orders for cryptocurrency contracts for all major cryptocurrencies in the market.
 Collection and Use of Personal Information
 We may collect personal information from you if you use BYDFi and open an account to use the Platform or to conduct any transactions on the Platform.
 The types of personal information we collect include.
 (1) Your name;
 (2) Your country/region of residence and your nationality;
 (3) Your image identification;
 (4) Detailed information about your identification documents (including your driver's license and passport), including document number, issue date and expiration date, photo identification and address;
 (5) Your transactions;
 (6) Your telephone number;
 (7) Your email address;
 (8) Your IP address, browser and operating system information;
 (9) Your bank details, including account number;
 (10) Your date of birth;
 We will collect your personal information only for the purposes of processing legal and regulatory obligations arising from the provision of the Services to you and for the services and performance reasons you request from us.
 We may access your personal information for the following purposes;
 (1) To allow you to open and operate an account on the Platform;
 (2) To enable you to complete transactions on the Platform;
 (3) To respond to your queries when you contact us;
 (4) To analyze the use of the Platform;
 (5) As necessary for regulatory purposes such as tax, anti-money laundering, anti-fraud, anti-terrorist financing, anti-drug and human trafficking, anti-proliferation of weapons of mass destruction, anti-transactions with sanctioned entities or other similar unlawful conduct and compliance with the Company's statistical reporting obligations (under law, listing rules or other regulation);
 (6) To provide you with information about our own products and promotions and those of third parties that may be of interest to you only if you have expressly consented to receive such information;
 (7) For market research, such as surveys of our users' needs and opinions on issues (such as our performance). Your data used for such purposes will be anonymized unless you have given your consent;
 Right to access, correct and delete user information
 You can access, correct or delete your personal information through this website or contact cs@bydfi.com at any time, and we will respond to your request within a short time. To protect your privacy, we will take reasonable steps to request verification of your identity, including compliance with any applicable legal requirements. Please note that the above-mentioned access, correction, and deletion do not include modifications that violate the law, cooperate with local government investigations, or damage the rights of others.
 Transfer of personal information
 We may store your personal information on our servers located in such jurisdictions, if such jurisdiction is not yours, your consent to the transfer of your personal information to such jurisdictions becomes your consent Serve. We ensure that security requirements are consistent with the legal obligations of your jurisdiction of residence to maintain the security of your personal information.
 IP Addresses 
 We may collect information about your computer, including where available your IP Address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is statistical data about our users` browsing actions and patterns and will not be used to identify any individual unless that same individual.
 Cookies
 We use a browser feature called a "cookie" to assign a unique identifier to your computer, which is usually stored on your computer's hard drive. We use the information we collect from cookies to evaluate the effectiveness of the platform, analyze trends, and manage the platform. The information collected from cookies allows us to determine which parts of the platform are most visited and what problems our visitors may encounter when accessing the platform. With this information, we can improve your experience in accessing and using the Platform by identifying and providing more of the features and information that users most desire and by solving access problems. We also use cookies and/or technology known as web worms or clear gifs (which are often stored in emails) to help us recognize when you receive or respond to our emails and to provide you with a more personalized experience when using the Site.
 We may use third party service providers to help us better understand the use of the Platform. Our service providers may place cookies on your computer's hard drive and will receive information we choose to know about how visitors navigate the Platform, which products they view, and general transactions. Our service providers may analyze this information and provide us with aggregate reports. The information and analysis provided by our service providers, if any, will be used to help us better understand our users' interests in our Platform and how to target our services to those interests. The information collected by our service providers may be combined with relevant information collected by us in connection with your use of the Platform. Except to assist us, our service providers (if any) are contractually restricted in their use of the information they receive from the Platform. By accessing this Platform and/or using any of the Services, you agree that we may use cookies for the purposes described above. We will keep a record of all personal information transferred to third parties and will make that information available to you where possible.
 Personal Information
 We may provide the personal information you provide to our affiliates, trusted third-party service providers, and legal institutions with your consent or during the period you request the service.
 Business Transfers
 In the event of a merger, divestiture or corporate reorganization, we may also share your personal information with financial institutions, insurance companies, and the relevant financial institutions, insurance companies or other companies that receive your personal information shall be subject to the same security and confidentiality obligations with respect to your information
 Legal Authorities
 We may be required by law to share user information with law enforcement or regulatory authorities to prevent fraud or to respond to local court requests.
 Third Party Service Providers
 We may disclose your personal information to third party providers, agents or contractors, provided that all three parties agree to use such information only to provide services to us.
 If BYDFi deems it necessary to take action in response to illegal, fraudulent or other situations involving security threats, we may investigate and disclose personal information, or use it as evidence in litigation.
 <h4>Your rights</h4>
 You have the right to access your personal information and request the correction, updating and deactivation of inaccurate and/or incorrect data by sending us an email through BYDFi or, where applicable, you may do so yourself on your account personal information page.
 To ensure the confidentiality, integrity and availability of your own information, we may require identification and/or other means to confirm your identity before assisting you to exercise any of your rights.
 If you refuse to identify yourself, we may refuse to take action on your data other than to restrict processing until we can ensure that such action is your genuine wish.
 In providing our services, we may use automated processing and analysis to reduce the risk of fraud, money laundering, terrorist financing, transactions with sanctioned entities, and abuse of our services. Through this automated processing, we analyze your identity, transactions and behavior patterns.
 If you do not wish to have this automated processing performed, we may not be able to provide some or all of our services to you. If you believe that such processing may be detrimental to you, you may contact us at cs@bydfi.com so that we can provide you with more information about this automated processing.
 <h4>Security</h4>
 If you are a natural person, you must be at least 18 years of age (or the age of majority as defined by applicable law).
 We have implemented technical and organizational security measures to ensure the confidentiality of your personal information and to protect your personal information from loss, misuse, unauthorized alteration or damage. Only authorized personnel of BYDFi have access to your personal information and such personnel are required to maintain the confidentiality of such information.
 If you agree, or we are obligated, to pass personal information to a third party in order to provide you with the requested service or to meet regulatory or legal obligations, we will require the same level of technical and organizational security measures to be applied through contractual arrangements as possible.
 Existing technical and organizational security measures will be reviewed from time to time in light of legal and technological developments. In the event of a breach of personal information or failure to protect such information, we will notify you promptly and without undue delay.
 <h4>Links</h4>
 This Platform may contain links to third party websites and resources provided by third parties. Please note that this Privacy Policy applies only to this Platform and that access to third party websites or resources means that you are leaving this Platform.
 We have no control over their websites or any content therein, and you agree that we are not responsible for the content, policies, failures, promotions, products, services, or litigation and/or any damages, losses, failures or problems associated with or arising out of any third party websites, including but not limited to third party websites. We recommend that you review all policies, rules, terms and conditions, including privacy policies, of each website you visit.
 <h4>Marketing</h4>
 We will obtain your consent to contact you or use your personal information for marketing purposes at the time of registration or after registration by providing you with the option to check the checkbox for your marketing preferences on your account's personal information page.
 You have the right to revoke your consent for us to process your personal information for marketing purposes. You may exercise your right to prevent such action by unchecking the marketing preferences checkbox in your account profile or by contacting us at cs@bydfi.com at any time.
 <h4>Changes</h4>
 If we change this Privacy Policy, we will take steps to notify all users via a notice on the Platform and will post the revised Privacy Policy on the Platform.
 If we believe that your rights may be affected by such changes, we will ask you to confirm your acceptance of the revised Privacy Policy before we continue to have a relationship with you.
 Effective Date: October 4, 2022
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Privacy Terms

AML/KYC Policy

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 General Risk Warning
 How to Interpret This Risk Warning All the terms used in this notice are defined in the BYDFi Terms of Use ("Terms of Use") and have the same meanings and interpretations as in the Terms of Use.
 
 BYDFi Services This notice provides you with information about the risks associated with BYDFi services. Each BYDFi service carries its unique risks. This notice offers a general description of the risks you may encounter when using BYDFi services. This notice does not explain all the risks or their relevance to your personal circumstances. Before deciding to use BYDFi services, it is essential to thoroughly understand the risks involved.
 
 No Personal Advice We do not provide personal advice regarding products or services related to BYDFi. We may occasionally provide factual information, information about transaction processes, and information about potential risks. However, any decisions related to the use of our products or services are entirely yours to make. Any communication or information provided by BYDFi should not be considered or interpreted as investment advice, financial advice, trading advice, or any other type of recommendation. You are responsible for determining the suitability of any investment, investment strategy, or related transactions based on your personal investment objectives, financial situation, and risk tolerance.
 
 BYDFi is not your broker, intermediary, agent, or advisor, and BYDFi does not monitor whether your use of BYDFi services aligns with your financial goals. You should assess whether your financial resources are sufficient to engage in financial activities on our platform and to accommodate the risks associated with the products and services you use.
 
 Market Risk Digital asset trading entails higher market risks and price volatility. Value fluctuations can be significant and may occur rapidly without warning. Past performance is not a reliable indicator of future performance. The value of investments and potential returns can rise or fall, and you may not recover the amount invested.
 
 Liquidity Risk Liquidity for digital assets may be limited, making it challenging or impossible to sell or exit your position when desired. This situation can occur at any time, including during rapid price fluctuations.
 
 Availability Risk We do not guarantee the availability of BYDFi services will be available at any particular time or that BYDFi Services will not be subject to unplanned service outages or network congestion. You may not be able to buy, sell, store, transfer, send, or receive digital assets when you desire.
 
 Legal requirements in various countries may restrict the products and services BYDFi can legally offer. Therefore, certain products and services within the platform may not be available or may be restricted in certain jurisdictions or regions or for certain users, and any BYDFi activities, user contests, or other promotional activities may not be allowed.
 
 Third-Party Risks Third parties such as payment providers, custodians, and banking partners may be involved in providing BYDFi services. You may need to comply with the terms and conditions of these third parties, and BYDFi may not be responsible for any losses you may incur due to these third parties.
 
 Security Risk BYDFi cannot eliminate all security risks. You are responsible for ensuring the security of your BYDFi account password, and you may be held responsible for all transactions under your BYDFi account, whether or not you authorized them. Digital asset transactions may be irreversible, and losses resulting from fraud or unauthorized transactions may be unrecoverable.
 
 Risks Related to Digital Assets Given the nature of digital assets and their underlying technology, there are many inherent risks, including but not limited to:
 <ul>
 <li>Failures, defects, hacker attacks, exploits, errors, protocol failures, or unforeseen circumstances in the technology or economic systems upon which digital assets or digital assets rely.</li>
 <li>Irreversibility of digital asset transactions. Therefore, losses due to fraud or accidental transactions may be irrecoverable.</li>
 <li>Delays leading to transactions failing to settle on the scheduled delivery date.</li>
 <li>Attacks on protocols or technologies upon which digital assets rely.</li>
 </ul>
 
 Communication Risk When communicating with us through electronic means, you should be aware that electronic communications may fail, be delayed, be insecure, and/or may not reach their intended destination.
 
 Currency Risk Currency exchange fluctuations can affect your profits and losses.
 
 Legal Risk Changes in legal regulations can have a significant impact on the value of digital assets. This risk is unpredictable and may vary by market.
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Risk Warning

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 How to figure out whether the crypto needs to fill in Memo/Tag?
 
 If the tag of the crypto is not displayed on the deposit page, then you do not need to fill in the tag during deposit;
 If there is a designated Memo/Tag under the deposit address, then you need to fill in the tag during deposit.
 When withdrawing from other platforms or wallets to BYDFi, please make sure to fill in the correct Memo/Tag on the withdrawal page. This is due to the platform needed to identify the withdrawal via the Memo/Tag. Otherwise, the deposit may not be credited to your account.
 The following crypto will need to fill in the Memo/Tag during deposit/withdrawal: &nbsp;XRP, ATOM, BAND, EOS.
 
 APP
 Deposit
 1. Open other platform or your external wallet and click on "Withdraw"
 
 2. Open BYDFi App and login to your account, click "Deposit" at "Homepage".
 Or you may also enter the deposit page by clicking "Assets" → "Deposit" and then search for the crypto you want.
 <img src="https://uploads.bydfi.in/events/cmsBYD.1737009071401.image.png" alt="BYD.1737009071401.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737009071401.image.png" style="width: 50%;">
 <img src="https://uploads.bydfi.in/events/cmsBYD.1737009079764.image.png" alt="BYD.1737009079764.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737009079764.image.png" style="width: 50%;">
 3. Select the chain and copy the deposit address and the Memo/Tag, fill out the correct deposit address, Memo/Tag, and the amount to the withdrawal page of your external wallet.
 <img src="https://uploads.bydfi.in/events/cmsBYD.1737009105609.image.png" alt="BYD.1737009105609.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737009105609.image.png" style="width: 50%;">
 
 4. You can click the icon at the upper-right corner of the "Assets" page to check on the details after successfully depositing into your account.
 
 Note:
 If you didn't enter Memo/Tag when depositing into BYDFi, please kindly contact customer service and provide us the information below:
 • UID (need to complete KYC verification)
 • Complete video of withdrawal history record (not screen recording)
 • Correct Memo/Tag hash value
 • Hash txid
 Due to the large number of recharges on the platform, it takes a lot of manpower and time to retrieve the assets. Therefore, the processing time for this type of problem is relatively long, which may be up to one month or more, so please wait patiently.
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Fill in Memo/Tag for Deposit (APP)

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 How to figure out whether the crypto needs to fill in Memo/Tag?
 
 If the tag of the crypto is not displayed on the deposit page, then you do not need to fill in the tag during deposit;
 If there is a designated Memo/Tag under the deposit address, then you need to fill in the tag during deposit.
 When withdrawing from other platforms or wallets to BYDFi, please make sure to fill in the correct Memo/Tag on the withdrawal page. This is due to the platform needed to identify the withdrawal via the Memo/Tag. Otherwise, the deposit may not be credited to your account.
 The following crypto will need to fill in the Memo/Tag during deposit/withdrawal: &nbsp;XRP, ATOM, BAND, EOS.
 
 PC
 Deposit
 1. Open other platform or your external wallet and click on "Withdraw"
 
 2. Open the BYDFi website and log in to your account. Click on the wallet icon in the upper right corner, then select "Deposit."<img src="https://uploads.bydfi.in/events/cmsBYD.1737010277010.image.png" alt="BYD.1737010277010.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737010277010.image.png" style="width: 100%;">
 3. Select the chain and copy the deposit address and the Memo/Tag, fill out the correct deposit address, Memo/Tag, and the amount to the withdrawal page of your external wallet.<img src="https://uploads.bydfi.in/events/cmsBYD.1737010288700.image.png" alt="BYD.1737010288700.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737010288700.image.png" style="width: 100%;">
 4. You can view the "Deposit History" at the bottom of the deposit page to check the details after successfully depositing into your account.<img src="https://uploads.bydfi.in/events/cmsBYD.1737010318871.image.png" alt="BYD.1737010318871.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737010318871.image.png" style="width: 100%;">
 Note:
 If you didn't enter Memo/Tag when depositing into BYDFi, please kindly contact customer service and provide us the information below:
 • UID (need to complete KYC verification)
 • Complete video of withdrawal history record (not screen recording)
 • Correct Memo/Tag hash value
 • Hash txid
 Due to the large number of recharges on the platform, it takes a lot of manpower and time to retrieve the assets. Therefore, the processing time for this type of problem is relatively long, which may be up to one month or more, so please wait patiently.
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Fill in Memo/Tag for Deposit (PC)

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 How to figure out whether the crypto needs to fill in Memo/Tag?
 
 If the tag of the crypto is not displayed on the deposit page, then you do not need to fill in the tag during deposit;
 If there is a designated Memo/Tag under the deposit address, then you need to fill in the tag during deposit.
 The following crypto will need to fill in the Memo/Tag during deposit/withdrawal: &nbsp;XRP, ATOM, BAND, EOS.
 
 PC
 Withdraw
 (Take the withdrawal of XRP as an example)
 During withdrawal, if the crypto requires to fill in the Memo/Tag, you need to fill in the Memo/Tag on the withdrawal page according to the requirements of the other platform/ external wallet.
 
 1. Open the BYDFi website and log in to your account. Click the wallet icon in the top right corner and select "Withdraw."<img src="https://uploads.bydfi.in/events/cmsBYD.1737010024914.image.png" alt="BYD.1737010024914.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737010024914.image.png" style="width: 100%;">
 2. After entering the withdraw page, select the chain and fill in the correct information by following the instructions on the page. (Withdrawal Address, Memo/Tag, Amount)<img src="https://uploads.bydfi.in/events/cmsBYD.1737010045809.image.png" alt="BYD.1737010045809.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737010045809.image.png" style="width: 100%;">
 3. Enter "Fund Password" or "Google Authentication Code" and email verification code, and then click "Confirm".
 
 4. After submitting withdrawal, we will process it as soon as possible.
 
 Note:
 Make sure if your external wallet requires Memo/Tag during deposit.
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Fill in Memo/Tag for Withdrawal (PC)

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 How to figure out whether the crypto needs to fill in Memo/Tag?
 
 If the tag of the crypto is not displayed on the deposit page, then you do not need to fill in the tag during deposit;
 If there is a designated Memo/Tag under the deposit address, then you need to fill in the tag during deposit.
 The following crypto will need to fill in the Memo/Tag during deposit/withdrawal: &nbsp;XRP, ATOM, BAND, EOS.
 
 APP
 Withdraw
 (Take the withdrawal of XRP as an example)
 During withdrawal, if the crypto requires to fill in the Memo/Tag, you need to fill in the Memo/Tag on the withdrawal page according to the requirements of the other platform/ external wallet.
 
 1. Open the BYDFi App and login to your account, click "Assets" in the right-bottom corner, and then select "Withdraw" to enter the withdrawal page.
 <img src="https://uploads.bydfi.in/events/cmsBYD.1737008894093.image.png" alt="BYD.1737008894093.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737008894093.image.png" style="width: 50%;">
 
 2. After entering the withdraw page, select the chain and fill in the correct information by following the instructions on the page. (Withdrawal Address, Memo/Tag, Amount)
 <img src="https://uploads.bydfi.in/events/cmsBYD.1737008903514.image.png" alt="BYD.1737008903514.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1737008903514.image.png" style="width: 50%;">
 
 3. Enter "Fund Password" or "Google Authentication Code" and email verification code, and then click "Confirm".
 
 4. After submitting withdrawal, we will process it as soon as possible.
 
 Note:
 Make sure if your external wallet requires Memo/Tag during deposit
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Fill in Memo/Tag for Withdrawal (APP)

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 <img src="https://uploads.bydfi.in/events/cms1736162401041BSdBgYJJP5fI.png" alt="image.png" data-href="" style="width: 100%;">If you are unable to receive the verification code, BYDFi recommends that you try the following methods:
 1. First of all, please make sure your mobile number and country code are entered correctly. 2. If the signal is not good, we suggest you move to a location with a good signal to get the verification code. You can also turn on and off the flight mode, and then turn on the network again. 3. Confirm whether the storage space of the mobile phone is sufficient. If the storage space is full, the verification code may not be received. BYDFi recommends that you regularly clear the content of the SMS. 4. Please make sure that the mobile number is not in arrears or disabled. 5. Restart your phone.
 If you are often unable to receive the SMS verification code due to problems with the telecom service provider, you can also choose to <a href="https://www.bydfi.com/en/account/dashboard?type=security-setting" target="">use your email for verification</a>.
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What Should I Do If I Can't Receive the SMS Verification Code?

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 <img src="https://uploads.bydfi.in/events/cmsBYD.1736462382309.image.png" alt="BYD.1736462382309.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736462382309.image.png" style="width: 100%;">Dear BYDFi Users,
 
 We are pleased to announce the release of BYDFi APP version V3.6.1 with enhanced features and improvements!
 
 [New Feature]
 • The Perpetual Contract Copy Trading Feature is now live! Simply log in to the app, click on "Futures" &gt; "Copy Trade" to start using it.
 • Added biometric authentication (Face ID or fingerprint recognition) for withdrawals.
 [Feature Improvements]
 • Refined design of the homepage, navigation bar, and personal center.
 • Optimization of some functions and bug fixes.
 Updated with the latest version of APP: <a href="https://apps.apple.com/app/id6444251506" target="" style="text-align: start;">IOS</a> / <a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="" style="text-align: start;">Android</a>
 
 We are constantly optimizing and developing new features and we would appreciate your suggestions and feedback. You can also participate in our <a href="https://www.bydfi.com/en/welfare-center?tab=3" target="">events</a> to get rewards!
 
 Thank you for your support!
 
 BYDFi Team
 2025/01/09
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BYDFi APP Update Notice (2025/01/09)

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 Reward Gift is similar to the Coin Gift, except that the reward type distributed is a Bonus or Coupon. This feature can make agents more appealing when recruiting new users. Use the Reward Gift to attract new users to register through your link or QR code. Details are as follows:
 
 1. Enter "Affiliate Center"<img src="https://uploads.bydfi.in/events/cms1736162476465TXz4TLLW7OeE.png" alt="image.png" data-href="" style="width: 100%;">2. Click "BYDFi Gift" → "Send Gift"<img src="https://uploads.bydfi.in/events/cms1736162476514nx6gg8OJJEmd.png" alt="image.png" data-href="" style="width: 100%;">3. Select "Gift Type" and "Type of Funds" <img src="https://uploads.bydfi.in/events/cms1736162476555wqs3Vuw5Tuda.png" alt="image.png" data-href="" style="width: 100%;">4. Use "Advanced Setting" to limit gift recipients for better promotion results!<img src="https://uploads.bydfi.in/events/cms1736162476590b4J4BAJyBORU.png" alt="image.png" data-href="" style="width: 100%;">5. After entering the amount, click "Wrap Your Gift"<img src="https://uploads.bydfi.in/events/cms1736162476635JSatUbHy5Hy5.png" alt="image.png" data-href="" style="width: 100%;">6. Share posters to attract more users to become your referrals!<img src="https://uploads.bydfi.in/events/cms1736162476671t0opo2H19v9E.png" alt="image.png" data-href="" style="width: 100%;">
 Note:
 • General Gift = Fixed Amount Gift
 • Fortune Gift = Random Amount Gift
 • To activate the reward gift feature, please contact your BD
 • For further assistance, please contact our <a href="mailto:cs@bydfi.com" target="">online support</a>
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How to Send Reward Gift (PC)

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 What is Crypto Dust?
 Cryptocurrency dusts are small amounts of cryptocurrency assets under the minimum trade (BUY/SELL) limits.
 The minimum trade limit for all crypto on BYDFi is equivalent to 10 USDT.
 
 How to Convert Crypto Dust to BYD Point?
 Go to "Assets" → "Spot"
 <img src="https://uploads.bydfi.in/events/cmsBYD.1736329239564.image.png" alt="BYD.1736329239564.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736329239564.image.png" style="width: 50%;"><img src="https://uploads.bydfi.in/events/cmsBYD.1736329290673.image.png" alt="BYD.1736329290673.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736329290673.image.png" style="width: 50%;">
 You will find "Convert into BYD Points" at the Spot assets page
 <img src="https://uploads.bydfi.in/events/cmsBYD.1736329348347.image.png" alt="BYD.1736329348347.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736329348347.image.png" style="width: 50%;">
 You can check the BYD Point Guide and Convert Rules by clicking on the mark
 <img src="https://uploads.bydfi.in/events/cmsBYD.1736329422312.image.png" alt="BYD.1736329422312.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736329422312.image.png" style="width: 50%;">
 Select the assets you wish to convert and click "Confirm" to complete conversion
 <img src="https://uploads.bydfi.in/events/cmsBYD.1736329491083.image.png" alt="BYD.1736329491083.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736329491083.image.png" style="width: 50%;">
 
 FAQ :
 1. How Many Crypto Dusts Can I Convert?
 There are no limits on the number of dust conversions, but only once transfer can be made each every 24 hours.
 
 2. Any Fees to Convert Crypto Dust to BYD Point?
 No, you can make the conversions from crypto dust to BYD Point without any fees.
 
 3. Which Cryptocurrency is Supported?
 Delisted currency conversion are not supported.
 
 If you have any issues or questions related to the conversion, please contact our <a href="mailto:cs@bydfi.com" target="_blank">customer service team</a>.
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How to Convert Crypto Dust to BYD Point (APP)

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 What is Crypto Dust?
 Cryptocurrency dusts are small amounts of cryptocurrency assets under the minimum trade (BUY/SELL) limits.
 The minimum trade limit for all crypto on BYDFi is equivalent to 10 USDT.
 
 How to Convert Crypto Dust to BYD Point?
 Go to "Assets" → "<a href="https://www.bydfi.com/en/account/fund-management/assets-overview" target="_blank">My Assets</a>" on the Home page<img src="https://uploads.bydfi.in/events/cmsBYD.1736327644108.image.png" alt="BYD.1736327644108.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736327644108.image.png" style="width: 100%;">Click on "Convert into BYD Points"<img src="https://uploads.bydfi.in/events/cmsBYD.1736327671189.image.png" alt="BYD.1736327671189.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736327671189.image.png" style="width: 100%;">Select the token to convert, then click "Convert" <img src="https://uploads.bydfi.in/events/cmsBYD.1736327690805.image.png" alt="BYD.1736327690805.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736327690805.image.png" style="width: 100%;">You can receive BYD points based on the converted coin amount<img src="https://uploads.bydfi.in/events/cmsBYD.1736327713198.image.png" alt="BYD.1736327713198.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1736327713198.image.png" style="width: 100%;">
 
 FAQ : 
 1. How Many Crypto Dusts Can I Convert?
 There are no limits on the number of dust conversions, but only once transfer can be made each every 24hours. 
 
 2. Any Fees to Convert Crypto Dust to BYD Point? 
 No, you can make the conversions from crypto dust to BYD Point without any fees.
 
 3. Which Cryptocurrency is Supported?
 Delisted currency conversion are not supported
 
 If you have any issues or questions related to the conversion, please contact our <a href="mailto:cs@bydfi.com" target="_blank">customer service team</a>. 
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How to Convert Crypto Dust to BYD Point (PC)

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 <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:
 
 • If the deposit failure was caused by the user's maloperation, &nbsp;asset recovery services are not generally provided.
 • 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.
 • Please provide the following information: username, deposit tokens, deposit address, amount, TXID, &nbsp;and a screenshot of your deposit page.
 • 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.
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Depositing Unsupported Coins to Your BYDFi Account

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 <img src="https://uploads.bydfi.in/events/cms1736162397481Gpuw1Xsc9JaD.png" alt="image.png" data-href="" style="width: 100%;">Transaction Fee
 The transaction fee for ETF products is charged in USDT when buying and selling, and the transaction fee rate is 0.2%.
 Formula: Leveraged Token Transaction Fee = Executed Amount (USDT) * Transaction Fee Rate
 Example: FIBO trades 10 USDT of BTC3L at the market price, the transaction fee is: 10 * 0.2% = 0.02 USDT
 Management Fee
 The management fee is charged daily at 00:00:00 (UTC+8) and will be reflected in the net asset value of the leveraged tokens, which means that 0.03% of the true value of the leveraged tokens will be deducted with no deduction to the user's position size. No management fee will be charged if users do not hold any leveraged tokens at that point.
 Example: FIBO holds 10 USDT worth of BTC3L. Fee calculation: 10 * 0.03% = 0.003 This 0.003 will be directly reflected in the net value of the BTC3L product. FIBO's position size will not change, but his net asset value of BTC3L will become 9.997 due to the Management Fee deduction. Note: If FIBO sells BTC3L before 00:00:00 (UTC+8), no Management Fee will be charged. Due to the possibility of a delay in translation, we will not make another announcement if the figures in this article have been updated, so please refer to the website. If you have any concerns, please contact our customer service at <a href="https://cs@bydfi.com" target="">cs@bydfi.com</a>.
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Fees for Leveraged Tokens

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 <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.
 
 What is the Funding Rate?
 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.
 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.
 
 Importance of Margin Rates
 The key role of the margin is to reduce the spread (price reversion) between the market for perpetual contracts and the corresponding cash market.
 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.
 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.
 
 What determines the Funding Rate?
 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.
 
 What are Funding Fees?
 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.
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 <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>
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 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.
 
 How are Funding Rates and Funding Fees calculated?
 <ul>
 <li>Funding Fee: USDT-M: Position Value * Funding Rate (Position Value = Par Value * Contract Quantity * Mark Price) 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>
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 Example:
 USDT-M
 Example: Par Value: 100USD/Cont ; Funding Rate: 0.01% ; The Mark Price at 08:00 is 20,000 USDT. A holds 1 long positions, and B holds 1 short positions A Funding fee (deducted)= 1*100*20,000*0.01% = 200 USDT B Funding fee (received)= 1*100*20,000*0.01%= 200 USDT
 COIN-M
 Example: Par Value:100 USD/Cont ; Funding Rate: 0.01% ; The Mark Price at 08:00 is 10,000 USD. A holds 100 long positions, and B holds 50 short positions Based on the above information, the fees are calculated as follows: A Funding fee (deducted)= 100*100/10,000*0.01% = 0.0001 BTC B Funding fee (received)= 50*100/10,000*0.01%=0.00005 BTC
 
 Perpetual Contracts
 Isolated Margin: The funding fee will be deducted from the position margin, and the funding fee obtained will be added to the available balance.
 Cross Margin: 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.
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How Are Funding Rates and Funding Fees Calculated?

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 "Transfer" refers to the process of mutual transfer between the account assets of "Spot" and the account assets of "USDT-M" or "COIN-M"
 
 1. Go to "Assets" → "My Assets"<img src="https://uploads.bydfi.in/events/cms1736162464511w66CzNhT4BuO.png" alt="image.png" data-href="" style="width: 100%;">2. Click "Transfer"<img src="https://uploads.bydfi.in/events/cms1736162464552Wyj2fsN3OG9V.png" alt="image.png" data-href="" style="width: 100%;">3. Select the wallet you would to transfer your assets to <img src="https://uploads.bydfi.in/events/cms1736162464593YqaZN1Tmhd1Y.png" alt="image.png" data-href="" style="width: 100%;">
 Note:
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 <li>If users need to withdraw assets, they must first transfer their assets from their "USDT-M" or "COIN-M" wallet to their "Spot" wallet.</li>
 <li>If your account equity balance is greater than your transferable balance, please confirm whether there are any open orders. Since the account balance covers the orders in the open positions and the margin in the open positions cannot be transferred out of the contract account, you can transfer the remaining funds after closing the order.</li>
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How to Transfer Assets? (PC)

1. Go to "More" → "Gift"<img src="https://uploads.bydfi.in/events/cmsBYD.1735556111438.image.png" alt="BYD.1735556111438.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735556111438.image.png" style="width: 100%;"/>2. Enter Gift Code or ID<img src="https://uploads.bydfi.in/events/cmsBYD.1735556134411.image.png" alt="BYD.1735556134411.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735556134411.image.png" style="width: 100%;"/>3. Click "Get Your Gift Now"<img src="https://uploads.bydfi.in/events/cmsBYD.1735556159224.image.png" alt="BYD.1735556159224.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735556159224.image.png" style="width: 100%;"/>4. You Can View Your Claim Records Here<img src="https://uploads.bydfi.in/events/cmsBYD.1735556181357.image.png" alt="BYD.1735556181357.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735556181357.image.png" style="width: 100%;"/>Note:<ul><li>Gift password entry is required if needed</li><li>Users must meet certain conditions if required (must be a new user or a subordinate of the sender)</li></ul>

How to Claim Gift (PC)

1. Click "Gifts"<img src="https://uploads.bydfi.in/events/cmsBYD.1735555788746.Gift1.png" alt="BYD.1735555788746.Gift1.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735555788746.Gift1.png" style="width: 50%;"/>2. Select "Receive Gift"<img src="https://uploads.bydfi.in/events/cmsBYD.1735555798490.Gift2.png" alt="BYD.1735555798490.Gift2.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735555798490.Gift2.png" style="width: 50%;"/>3. Enter Gift Code or Gift ID<img src="https://uploads.bydfi.in/events/cmsBYD.1735555810309.Gift3.png" alt="BYD.1735555810309.Gift3.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735555810309.Gift3.png" style="width: 50%;"/>4. Click "Get it Now"<img src="https://uploads.bydfi.in/events/cmsBYD.1735555822334.Gift4.png" alt="BYD.1735555822334.Gift4.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735555822334.Gift4.png" style="width: 50%;"/> Note:<ul><li>Gift password entry is required if needed</li><li>Users must meet certain conditions if required (must be a new user or a subordinate of the sender)</li></ul>

How to Claim Gift (APP)

"Transfer" refers to the process of reciprocal transfer between the account balances of "Spot" and the account balances of "USDT-M" or "COIN-M". 1. Login to your BYDFi account and navigate to Assets.<img src="/guide-media/01JCMKY5NHK0PGGPDCP2GBFYG0" alt="" data-href="" style=""/><img src="https://uploads.bydfi.in/events/cmsBYD.1735611022451.image.png" alt="BYD.1735611022451.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735611022451.image.png" style="width: 50%;"/>2. Click on "Transfer<img src="/guide-media/01JCMKZEM6D2WGD6C7HMDMSFWQ" alt="" data-href="" style=""/><img src="https://uploads.bydfi.in/events/cmsBYD.1735611031953.image.png" alt="BYD.1735611031953.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735611031953.image.png" style="width: 50%;"/>3. Select the wallet you wish to transfer your assets to<img src="/guide-media/01JCMM0GNJKZT03MJR0MRYPTDW" alt="" data-href="" style=""/><img src="https://uploads.bydfi.in/events/cmsBYD.1735611043921.image.png" alt="BYD.1735611043921.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735611043921.image.png" style="width: 50%;"/>Pleae note:<ul><li>If users need to withdraw funds, they must first transfer their funds from their "USDT-M" or "COIN-M" wallet to their "Spot" wallet.</li><li>If your account equity is greater than your transferable balance, please confirm that you have no open orders. As the account equity will cover the orders in the open positions and the margin in the open positions cannot be transferred out of the contract account, you will be able to transfer the remaining funds after the order is closed.</li></ul>

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