<img src="https://uploads.bydfi.in/events/cms/BYD.1745829103398.image.png" alt="BYD.1745829103398.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745829103398.image.png" style="width: 100%;"/>Rebalancing may reduce the risk of liquidation to its maximum extent. BYDFi offers a dual rebalancing mechanism as follows: <h3>General Rebalancing</h3> Leveraged tokens are generally rebalanced every day at 00:00:00 hours (UTC+8) to ensure the leverage ratio remains at the stated number. When the time spans one or more repositioning cycles, leveraged token products cannot guarantee that the long-term cumulative rate of return and the underlying asset return rate remain in a fixed tracking multiple relationship. In a single trend market (rise or fall), the rate of returns of leveraged tokens will be greater than the stated tracking index. That is, the cumulative increase of leveraged tokens in the same direction will exceed three times the increase of the underlying assets, while the decrease of leveraged tokens in the opposite direction will be less than three times the decline of the underlying assets. In a volatile market, the performance of leveraged tokens will be worse than the stated leverage ratio, so leveraged tokens are more suitable for unilateral markets or trend markets. <h3>Threshold Rebalancing</h3> Threshold rebalancing will be carried out only when the rise and fall of the underlying asset trigger the set threshold in order to control the expansion of investment risks. For example, when the price of BTC goes down by 15%, we will make a threshold rebalancing on the losing party (BTC3L) of leveraged tokens to reduce user losses under extreme market conditions. The current trigger threshold is set to trigger when the underlying asset goes down by 15% in a rebalancing cycle (this threshold is adjusted according to the situation), which can reduce the wear and tear caused by frequent rebalancing. Risk warning: Leveraged token products are leveraged and fluctuate widely. Please be familiar with the trading rules and participate with caution.

Leveraged Tokens Rebalancing

BYDFi’s platform features a built‑in TradingView chart that not only offers a wide range of technical indicators but also lets you leverage drawing tools for deeper market analysis. Follow the guide below to explore each feature and pick up practical tips. Accessing the TradingView ChartOn the <a href="https://www.bydfi.com/en/spot/btc_usdt" target="_blank">BYDFi Spot trading page</a>, click the TradingView tab at the top.The interface will switch to TradingView, where you can begin customizing and analyzing.<img src="https://uploads.bydfi.in/events/cms/BYD.1745314950373.image.png" alt="BYD.1745314950373.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745314950373.image.png" style="width: 100%;"/> Common Technical Indicator SetupMoving Average (MA): Displayed in the top‑left corner. Click the gear icon next to it to adjust settings, hide, or remove.<img src="https://uploads.bydfi.in/events/cms/BYD.1745315015971.image.png" alt="BYD.1745315015971.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315015971.image.png" style="width: 100%;"/>Additional Basic Indicators:Click Indicators → search “Common Trading Indicators” to quickly apply tools such as Relative Strength Index (RSI) and Bollinger Bands.<img src="https://uploads.bydfi.in/events/cms/BYD.1745315083715.image.png" alt="BYD.1745315083715.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315083715.image.png" style="width: 100%;"/>For more on core indicators, see <a href="https://www.bydfi.com/en/support/PRODUCT_DESCRIPTION/articles/8ozyalbluhib" target="_blank">Common Trading Indicators</a> in our help center. Candlestick Timeframe SwitchingIn the top‑left corner of the chart, select your preferred intervals (e.g., 1 min, 15 min, 1 h).<img src="https://uploads.bydfi.in/events/cms/BYD.1745315174323.image.png" alt="BYD.1745315174323.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315174323.image.png" style="width: 100%;"/> Drawing Tools OverviewClick the drawing icon at the bottom of the left toolbar to reveal all drawing features<img src="https://uploads.bydfi.in/events/cms/BYD.1745315242120.image.png" alt="BYD.1745315242120.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315242120.image.png" style="width: 100%;"/>Main toolbar tools (in order): Crosshair, Trend Line, Fibonacci Retracement, Brush, Text Annotation, XABCD Pattern, Long Marker, Symbol, Ruler, Zoom, Magnet Mode, Keep Drawing, Lock/Unlock Tools, Show/Hide Tools, Remove, Object Tree<img src="https://uploads.bydfi.in/events/cms/BYD.1745315286470.image.png" alt="BYD.1745315286470.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315286470.image.png" style=""/> Depth Chart (Order Book Visualization)The depth chart displays unfilled buy and sell orders.Use the red (sell) and green (buy) areas to quickly assess market pressure.<img src="https://uploads.bydfi.in/events/cms/BYD.1745315492220.image.png" alt="BYD.1745315492220.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315492220.image.png" style="width: 100%;"/> Switching Time Zones for Global MarketsClick the time‑zone label in the bottom‑right to choose different regionsCompare opening and closing hours across global exchanges.<img src="https://uploads.bydfi.in/events/cms/BYD.1745315668413.image.png" alt="BYD.1745315668413.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745315668413.image.png" style="width: 100%;"/> Resetting to Default LayoutTo revert to BYDFi’s default chart settings, right‑click any blank area → select Reset Chart View, or press Alt + R<img src="https://uploads.bydfi.in/events/cms/BYD.1745316061081.image.png" alt="BYD.1745316061081.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745316061081.image.png" style="width: 100%;"/>With these tools and tips, you’ll be able to set up charts quickly, analyze precisely, and adjust your grid trading strategies in real time—taking your trading to the next level!

How to Use TradingView Tools on BYDFi

<img src="https://uploads.bydfi.in/events/cms/BYD.1745828755573.image.png" alt="BYD.1745828755573.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745828755573.image.png" style="width: 100%;"/>The previous article stated that the price of leveraged tokens will be influenced by two factors: secondary market price and net asset value (NAV). We will introduce the calculation of NAV in this article. NAV= Previous Rebalanced NAV*[1±3*(Latest Deal Price of Underlying Asset-Previous Rebalanced Price of Underlying Asset)/Previous Rebalanced Price of Underlying Asset*100%] e.g. Previous Rebalanced NAV=1, Underlying Asset's (BTC) price rise from 10000 to 11000: NAV of BTC3L=1*[1+3*（11000-10000）/10000*100%]=1+3*10%*1=1.3NAV of BTC3S=1*[1-3*（11000-10000）/10000*100%]=1-3*10%*1=0.7 When the price of BTC falls from 11000 to 10500, and price rebalancing doesn't occur during the price change. NAV of BTC3L=1*[1+3*（10500-10000）/10000*100%]=1+3*5%*1=1.15NAV of BTC3S=1*[1-3*（10500-10000）/10000*100%]=1-3*5%*1=0.85 During an extremely volatile market, the 24-hourly calculation may have both the long and short appear as the market is dipping. Merge MechanismDue to the influence of market sentiment, the price on the secondary market might deviate from NAV and cause a premium. We recommend users avoid setting the order price too far away from NAV. In order to raise price sensitivity and users' experiences, BYDFI will merge the price when NAV is below the threshold (0.1U in the beginning). This means NAV will be 10 times larger than the price before merging, the volume of positions will be 1/10th as large at the same time, and total asset value will not be affected. Total Assets Value = NAV * Position VolumeAfter merging: Total Assets Value = (NAV*10)*(Position Volume/10) Risk warning: Leveraged token products are leveraged and fluctuate widely. Please be familiar with the trading rules and participate with caution.

Price Mechanism of Leveraged Tokens

<img src="https://uploads.bydfi.in/events/cms/BYD.1745569876510.image.png" alt="BYD.1745569876510.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745569876510.image.png" style="width: 100%;"/>Click on the "Pump" section in the navigation bar of the APP or PC, and you will find three categories of tokens: 1. New: Newly created tokens in the Internal Market Stage (higher risk). &nbsp;2. Finalizing: Tokens in the Internal Market Stage that are about to complete distribution. &nbsp;3. Launched: Tokens that have entered the External Market Stage (relatively lower risk). &nbsp; Internal Market Stage vs. External Market StageWhen a new project deploys its token using the automated issuance tool, <a href="https://www.bydfi.com/en/support/product_description/articles/sejtpexprdnh" target="_blank">pump.fun</a>, users can purchase the project's tokens with SOL. Once the market cap reaches $69,000, the system automatically adds liquidity for the project from pump.fun to <a href="https://www.bydfi.com/support/PRODUCT_DESCRIPTION/articles/2zu6izhwacre" target="_blank">Raydium</a>. &nbsp; • Internal Market Stage (Small Market): Before reaching a market cap of $69,000, projects remain in their very early stages with extremely high risk. &nbsp;• External Market Stage (Large Market): After reaching a market cap of $69,000 and successfully adding liquidity, projects transition to the External Market Stage, where risks are relatively lower and the market is more mature.

What Are the Internal and External Market Stages?

<img src="https://uploads.bydfi.in/events/cms/BYD.1745563209478.image.png" alt="BYD.1745563209478.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745563209478.image.png" style="width: 100%;"/>🔥 What is Raydium?Raydium is a leading automated market maker (AMM) and liquidity provider platform built on the Solana blockchain. It aims to deliver a fast, low-cost, and efficient decentralized trading experience, serving as a critical infrastructure within the Solana DeFi ecosystem. &nbsp; ✨ Why is Raydium so appealing?• Dual liquidity sources enhance trade success rates and efficiency. &nbsp;• Lightning-fast transactions with ultra-low costs and millisecond confirmation speeds. &nbsp; 📣 SummaryRaydium is an innovative decentralized exchange (DEX) that combines AMM functionality with an order book model, making it one of the best choices for DeFi users seeking efficiency, low costs, and flexibility. &nbsp; 👉 Download the BYDFi app now to experience our on-chain trading tools! &nbsp;Available on <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="_blank">iOS</a> / <a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="_blank">Android</a>.

What is Raydium?

In blockchain trading, malicious tokens and high-risk projects can lead to potential financial losses. To help users trade with greater confidence, MoonX offers a comprehensive Token Security Audit tool. This tool helps users quickly identify potential token risks and make informed trading decisions. How to Use MoonX’s Security Audit Tool<ul><li style="line-height: 1;">Log in to MoonX, select your token, and navigate to the Audit section.</li><li style="line-height: 1;">Review detailed audit results, including blacklist status, contract analysis, liquidity pool health, and other risk indicators.</li></ul><img src="https://uploads.bydfi.in/events/cms/BYD.1744365174571.image.png" alt="BYD.1744365174571.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744365174571.image.png" style="width: 50%;"> <img src="https://uploads.bydfi.in/events/cms/BYD.1744365195647.image.png" alt="BYD.1744365195647.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744365195647.image.png" style="width: 50%;"/>Audit Features & StandardsBuy/Sell Tax Audit: Analyzes the transaction tax rate for each trade, flagging abnormal taxes (e.g., rates above 50%). Helps users avoid losses due to excessive fees.Liquidity Pool Locked Audit: Checks the percentage of tokens locked in the liquidity pool. A higher lock ratio means tokens can't be easily pulled from DEXs, making trades safer.Honeypot Token Audit: Detects honeypot traps where tokens can be bought but not sold. Learn more about <a href="https://beta.bydfi.com/en/support/PRODUCT_DESCRIPTION/articles/ze2tlycux7m3" target="_blank">What is Honeypot Scam? How to Avoid Being Scammed?</a>Contract Audit: Verifies if the contract is open-source, whether ownership has been renounced, and if there are hidden permissions that could pose risks.Blacklist Check: Identifies if a token is flagged as high-risk (e.g., rug pulls, honeypots). Data is sourced from blockchain monitoring tools and community reports.Token Holder Distribution Audit: Analyzes token holder distribution to detect if large holders (whales) could manipulate the market price. Investment Risk Tips<ul><li style="line-height: 1;">Do Your Own Research (DYOR): Even if a token passes the MoonX security audit, users should still investigate the project’s background and team credibility.</li><li style="line-height: 1;">Test with Small Amounts: When trading high-risk tokens for the first time, it's recommended to start with a small investment.</li><li style="line-height: 1;">Be Wary of High Returns: Don’t fall for promises of sky-high profits. Stay rational and invest wisely.</li></ul> MoonX’s Token Security Audit tool is designed to offer users an extra layer of protection, but it cannot eliminate all risks. Always ensure you fully understand the risks before engaging in any on-chain transactions.

Token Security Audit Guide (APP)

1. Click the stop button on the running Spot Grid <a href="https://www.bydfi.com/en/spot/btc_usdt?from=trading-bot-grid" target="">page</a><img src="https://uploads.bydfi.in/events/cmsBYD.1735469131457.image.png" alt="BYD.1735469131457.image.png" data-href="" style="width: 100%;"/>2. Choose whether you would like to sell your token or simply stop the trading bot, then click "Confirm"<img src="https://uploads.bydfi.in/events/cms/BYD.1745477083813.image.png" alt="BYD.1745477083813.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745477083813.image.png" style="width: 100%;"/>3. After stopping the Spot Grid bot, you can view the history in the "Stopped" section, including the total profit and the parameters you configured for the bot<img src="https://uploads.bydfi.in/events/cms/BYD.1745477094935.image.png" alt="BYD.1745477094935.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745477094935.image.png" style="width: 100%;"/>4. Click "Details" to view more information, such as the bot's created time and transaction history.<img src="https://uploads.bydfi.in/events/cms/BYD.1745477114750.image.png" alt="BYD.1745477114750.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745477114750.image.png" style=""/>5. You can also copy the bot's parameters or share the profits with your friends<img src="https://uploads.bydfi.in/events/cms/BYD.1745477123624.image.png" alt="BYD.1745477123624.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745477123624.image.png" style="width: 100%;"/>

How to Stop Spot Grid Bot and View Trade History (PC)

<img src="https://uploads.bydfi.in/events/cms/BYD.1745393910622.image.png" alt="BYD.1745393910622.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1745393910622.image.png" style="width: 100%;"/><h3>Different Trading Methods</h3>In <a href="https://www.bydfi.com/en/spot/btc3l_usdt" target="_blank">Leveraged Tokens</a>, leveraged tokens are buy/sell, while in derivatives, they are buy long/sell short. <h3>Different Fees</h3>Leveraged Tokens have a transaction fee of 0.2%, while Perpetual Contracts have a taker fee of 0.06% and a maker fee of 0.02%.However, Leveraged Tokens have a management fee of 0.03% (not deducted but reflected in net asset value), while Perpetual Contracts have funding fees that are generated every 8 hours.Related Article: <a href="https://www.bydfi.com/en/support/FAQs/articles/on7fv1tccy2h" target="_blank">Transaction Fee Calculation</a> <h3>Different Investment Scenarios</h3>Due to the commodity characteristics of Leveraged Tokens, they are generally considered more suitable for one-way markets and short-term operations, while derivatives are considered more suitable for back-and-forth operations in oscillating markets. <h3>Different Leverage Methods</h3>Currently, the Leveraged Token products provided by BYDFi has a 3x leverage, which is fixed daily through the <a href="https://www.bydfi.com/server/en/support/PRODUCT_DESCRIPTION/articles/w0jvdcouytej" target="_blank">rebalancing mechanism</a>. The leverage range offered by derivatives trading varies depending on the product. For details, please refer to: <a href="https://www.bydfi.com/en/swap-info?page=4&type=usdt" target="_blank">USDT-M Perpetual Contracts Trading Rules</a> <h3>Different Amount Requirements</h3>The minimum amount for purchasing Leveraged Tokens is 10 USDT. For derivatives, the minimum required amount varies depending on the product category. For Perpetual Contracts, it depends on the product, which can be viewed by clicking on the upper right corner of the product <a href="https://www.bydfi.com/en/spot/btc3l_usdt" target="_blank">trading page</a>. <h3>Risk Bearing</h3>The risk of liquidation for Leveraged Tokens tends to be zero, while derivatives have the risk of liquidation.To minimize trading risks, it is important to understand the different characteristics of the products and choose the ones that suit your needs before trading.

Differences Between Leveraged Tokens and Derivatives

Looking to transfer your crypto assets from your MoonX Web3 wallet to your BYDFi account in no time? Just follow these steps:Open the BYDFi App and switch to the MoonX at the top. Tap on [Assets] &gt; [Send] &gt; [Exchange].<img src="https://uploads.bydfi.in/events/cmsBYD.1742974752933.image.png" alt="BYD.1742974752933.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1742974752933.image.png" style="width: 50%;"/><img src="https://uploads.bydfi.in/events/cmsBYD.1742975192289.image.png" alt="BYD.1742975192289.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1742975192289.image.png" style="width: 50%;"/>Select the coin you want to transfer. Your BYDFi address will be auto-filled by the system. Just enter the amount you wish to transfer and hit submit!<img src="https://uploads.bydfi.in/events/cmsBYD.1742975508377.image.png" alt="BYD.1742975508377.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1742975508377.image.png" style="width: 50%;"/><img src="https://uploads.bydfi.in/events/cmsBYD.1742975532241.image.png" alt="BYD.1742975532241.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1742975532241.image.png" style="width: 50%;"/>💡 Tip: With Web3, transactions are more convenient than ever—no need to manually enter complicated details. Receive/Send your crypto assets effortlessly!Available on <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="_blank">iOS</a>/<a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="_blank">Android</a>.

How to Quickly Transfer Assets from MoonX to Your BYDFi Account (APP)

In the digital asset market, contract trading has become a preferred choice for many cryptocurrency investors due to its flexible leverage mechanism and the ability to open both long and short positions. Compared to spot trading, contract trading allows traders to amplify potential returns with lower capital investment, making it a highly strategic and challenging endeavor. As a globally leading cryptocurrency trading platform, BYDFi provides a stable trading environment and a variety of auxiliary features to enhance both efficiency and security in contract trading.This article will take the <a href="https://www.bydfi.com/en/swap/btc-usdt" target="_blank">BYDFi web-based contract trading page</a> as an example to comprehensively introduce key auxiliary features, helping you quickly grasp operational techniques and configuration recommendations. <h2>Trading Settings</h2>Upon entering the contract trading page, click the settings icon in the upper right corner to access the settings page. <img src="https://uploads.bydfi.in/events/cms/BYD.1743432349302.image.png" alt="BYD.1743432349302.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743432349302.image.png" style="width: 100%;"/>You can personalize your trading mode and order placement preferences, which include:<ul><li>Position Mode: Supports both hedge mode and one-way mode. Hedge mode allows holding both long and short positions simultaneously for flexible strategy adjustments.</li><li>Price Protection: Prevents adverse price execution due to market volatility, enhancing risk management.</li><li>Flash Order: Enables instant market orders directly from the candlestick chart, allowing for rapid position opening and closing.</li><li>Order Confirmation: Provides clear prompts before placing an order, reducing the risk of misoperation.</li></ul><img src="https://uploads.bydfi.in/events/cms/BYD.1743432396323.image.png" alt="BYD.1743432396323.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743432396323.image.png" style="width: 50%;"/><h3></h3><h2>Notification Settings</h2>In a highly volatile market, staying informed about position changes and market movements is crucial. BYDFi offers multiple smart notification options, including:<ul><li>Liquidation Alerts: Triggers a warning notification when the margin ratio falls below a preset threshold (up to once every 30 minutes per position).</li><li>Funding Fee Notice: Sends email and in-platform notifications if the funding rate exceeds the user-defined threshold.</li><li>Triggered Orders & Stop-Loss/Take-Profit Trigger Notification: Notifies users of order execution success or failure in real-time (up to 20 times daily).</li></ul>These notification mechanisms apply to both USDT-M and COIN-M contracts, ensuring you never miss any critical trade updates.<img src="https://uploads.bydfi.in/events/cms/BYD.1743432853937.image.png" alt="BYD.1743432853937.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743432853937.image.png" style="width: 50%;"/><h3></h3><h2>Trading Alerts & Price Notifications</h2>BYDFi supports trading alerts that provide real-time feedback through pop-ups and sound notifications when key events occur, such as order execution, order cancellation, or forced liquidation.Additionally, you can enable 'Price Notifications' in the upper right corner of the trading page:<ul><li>Custom Alert Conditions: Set alerts based on trading pairs, price fluctuations, alert frequency, and notification methods.</li><li>Alert List Management: Easily enable, disable, or batch delete alerts as needed.</li></ul> <h2>Quick Trading via Candlestick Chart</h2>The BYDFi contract trading page supports quick operations directly from the candlestick chart, including:• Creating, modifying, and canceling limit orders<img src="https://uploads.bydfi.in/events/cms/BYD.1743433282006.image.png" alt="BYD.1743433282006.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743433282006.image.png" style="width: 100%;"/>• One-click market close for open positions<img src="https://uploads.bydfi.in/events/cms/BYD.1743433350234.image.png" alt="BYD.1743433350234.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743433350234.image.png" style="width: 100%;"/>• Directly setting take-profit and stop-loss levels<img src="https://uploads.bydfi.in/events/cms/BYD.1743433403788.image.png" alt="BYD.1743433403788.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743433403788.image.png" style="width: 100%;"/>This intuitive chart-based trading significantly improves order execution and position adjustment efficiency. We recommend utilizing the platform's educational resources to master these features. <h2>Other Auxiliary Tools</h2><h3>Drawing Tools</h3>Traders can draw trend lines, support, and resistance levels directly on the candlestick chart for technical analysis.<img src="https://uploads.bydfi.in/events/cms/BYD.1743433647863.image.png" alt="BYD.1743433647863.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743433647863.image.png" style="width: 100%;"/><h3>Snapshot Sharing</h3>After completing your chart analysis, generate a technical analysis snapshot for easy sharing on social media. Additionally, users can share historical profit and loss records to showcase their trading performance.<img src="https://uploads.bydfi.in/events/cms/BYD.1743433701765.image.png" alt="BYD.1743433701765.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1743433701765.image.png" style=""/> <h2>Why Choose BYDFi for Contract Trading?</h2>BYDFi offers the following key advantages:<ul><li>Up to 200x leverage, allowing flexible risk and reward management</li><li>Seamless trading experience with a stable and low-latency system</li><li>Support for multiple contract types, catering to diverse trading strategies</li><li>Competitive fees and deep liquidity for efficient order execution</li></ul> <h2>Conclusion</h2>Contract trading requires not only strong execution skills but also solid risk management and auxiliary tools. With BYDFi’s comprehensive set of trading features, you can trade more efficiently and securely in the leveraged market. Log in to <a href="https://www.bydfi.com/" target="_blank">BYDFi</a> now and experience the ultimate trading toolkit for professionals! 📌 Disclaimer: This article is for informational purposes only and does not constitute investment advice. Contract trading carries significant risks—please carefully assess your financial situation and risk tolerance before investing.

All-in-One Guide to BYDFi Contract Trading Settings & Alerts

<img src="https://uploads.bydfi.in/events/cms/BYD.1744879944325.image.png" alt="BYD.1744879944325.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744879944325.image.png" style="width: 100%;"/>By using a futures grid strategy, users can continuously buy low and sell high or sell high and buy low with market fluctuations, earning profits from these fluctuations. This effectively helps users keep up with market fluctuations and profit from them. What is a Futures GridA futures grid applies the grid trading strategy to contract trading. After choosing a long or short position: for example, long, based on the grid's set price range and number of grids, hold a long position, buy more when the price drops, and sell to close the position when the price rises, thus making a profit from low buying and high selling. Similarly, for a short position, open a short at a high level and close the short at a low level. Scenarios Suitable for Futures GridsThe core of futures grids is "oscillation arbitrage," so it's suitable to use futures grids when expecting a longer period of oscillating market. Futures grids can also have a certain long or short bias. A long grid only opens and closes long positions, suitable for upward oscillating markets, and a short grid only opens and closes short positions, suitable for downward oscillating markets. A neutral grid opens shorts/closes shorts above and opens longs/closes longs below the market price at the time the strategy starts. Users can choose the appropriate grid type based on their market predictions.<ul><li style="text-align: left;">Futures Long Grid: Used when predicting an oscillating upward price trend. Enter with a long position, close long positions when prices are high, and continue opening long positions when they are low.</li><li style="text-align: left;">Futures Short Grid: Used when predicting an oscillating downward price trend. Enter with a short position, close short positions when prices are low, and continue opening short positions when they are high.</li><li style="text-align: left;">Futures Neutral Grid: Used when predicting a range-bound oscillating price. Do not establish a position initially.</li></ul> Characteristics of Futures Grids Futures Grids VS Spot VS Contracts Futures Grids:<ul><li style="text-align: left;">Supported Opening Directions: Supports going long or short, suitable for both bear and bull markets.</li><li style="text-align: left;">Suitable Market Conditions: Best for oscillating downward or upward markets.</li><li style="text-align: left;">Risk Attribute: Lower risk than futures.</li><li style="text-align: left;">Profit Attribute: Controllable risk, considerable returns.</li></ul> Spot Trading:<ul><li style="text-align: left;">Supported Opening Directions: Only supports going long.</li><li style="text-align: left;">Suitable Market Conditions: Oscillating upward.</li><li style="text-align: left;">Risk Attribute: Low risk.</li><li style="text-align: left;">Profit Attribute: Lower returns than futures grids.</li></ul> Contracts:<ul><li style="text-align: left;">Supports going long or short.</li><li style="text-align: left;">Single-direction markets.</li><li style="text-align: left;">Risk Attribute: High risk.</li><li style="text-align: left;">Profit Attribute: High risk, high returns.</li></ul> Advantages of Futures Grids<ul><li style="text-align: left;">Lower risk coefficient than contract trading: futures grids' passive position management can control risks within a certain range. Initial positions might only be about 50%, avoiding the high risk of full-position trading in contracts; users can add positions when low and reduce when high, taking profits in batches. If there are losses, the losses of futures grids are much lower than contract trading.</li><li style="text-align: left;">Futures grid trading is essentially automatic buying and selling of cryptocurrency derivative contracts in BYDFi contracts, allowing systematic trading without needing to predict market trends.</li><li style="text-align: left;">Set up a futures grid trading strategy to do the heavy lifting for you. It saves time and effort without needing to constantly watch the market.</li><li style="text-align: left;">Even in trending markets, prices tend to consolidate in the short term. You must carefully select market conditions suitable for your strategy, avoiding being on the wrong side in trending markets. Therefore, appropriate risk management measures must be adopted, understanding how much leverage to use, and setting conservative take-profit and stop-loss orders.</li></ul> Potential Causes of Loss<ul><li style="text-align: left;">Incorrect opening direction in futures grids, resulting in floating losses.</li><li style="text-align: left;">In oscillating markets, holding positions for too short a time, stopping grids before reaching profit positions.</li><li style="text-align: left;">Improper grid parameter settings, too small price intervals, overly dense grids, profits eroded by fees.</li></ul> Users Suitable for Futures Grid Trading<ul><li style="text-align: left;">Users who want to leverage returns on the basis of grid trading.</li><li style="text-align: left;">Users who want to save time and effort, as futures grid trading automates traditional contract trading without needing to watch the market, with the system automatically trading and arbitraging for users based on set parameters, allowing for stable returns in oscillating markets.</li><li style="text-align: left;">Users who are bearish and choose to go short, setting short positions to profit from quantitative trading</li></ul> Disclaimer: Futures grid trading is a tool and not financial or investment advice from BYDFi. Profits can be affected by unilateral markets or improper price interval settings. Adjust strategies according to market conditions. Users accept all terms and risks when using this tool on BYDFi.com. Users should recognize the risks of cryptocurrency investment and operate cautiously. All investment actions on BYDFi.com represent the user's true investment intentions, and they accept the potential risks and rewards of their investment decisions.

Quickly Understand Futures Grid Strategies

<h2>Limit Order</h2>What is a limit order?Limit Order allows you to place an order at a specific or a better price. A buy Limit Order will be filled if the price matches or is lower than your limit price, and a sell Limit Order will be filled at or higher than your limit price.A limit order is an order that you place on the order book with a specific limit price. The limit price is determined by you. The trade will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or to sell at a higher price than the current market price.Limit orders are placed on the order book and are not executed immediately. In most cases, limit orders result in lower fees because you trade as a maker instead of taker.However, there is no guarantee that your limit order will be executed. If the market price never reaches the limit price, your trade will remain unfilled on the order book. How do limit orders work? When a limit order is submitted, it is immediately placed in the order book. However, it will not be filled unless the coin price reaches the specified limit price (or better).For example:You want to sell 1 BTC for $30,000 and the current price is $28,000. You can place a $30,000 BTC sell limit order. When the BTC price reaches the target price or above, your order will be executed based on market liquidity. If you have other previous BTC sell orders, the system will give priority to those orders. After that your limit order will be filled with remaining liquidity. When do I use a limit order?▪ You want to buy at a specific price below the current market price, or sell at a specific price above the current market price. ▪ You are not in a hurry to buy or sell immediately. ▪ You want to lock in unrealized profits or minimize potential losses. ▪ You want to split your order into smaller limit orders Note: Your order may not always be filled. This depends entirely on market conditions and overall liquidity. In some cases, your limit orders may only be partially filled. How to place a limit order? You want to buy ETH at a price lower than the current bid price. You can place a buy limit order and specify the maximum price you are willing to pay.1. Log in to your account and click [Spot]. <img src="https://uploads.bydfi.in/events/cmsBYD.1735811345096.image.png" alt="BYD.1735811345096.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811345096.image.png" style="width: 50%;"/> 2. Search the coin pair you want to trade, for example: ETH/USDT, ETH/USDC.<img src="https://uploads.bydfi.in/events/cmsBYD.1735811377411.image.png" alt="BYD.1735811377411.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811377411.image.png" style="width: 50%;"/> 3. Select [Limit]. Then, set the price and amount you want to buy. You can also set the buy amount by clicking the percentage buttons, so you can easily buy for 25%, 50%, 75% or 100% of the balance at the lower limit price. Click [Buy ETH] to confirm.<img src="https://uploads.bydfi.in/events/cmsBYD.1735811403914.image.png" alt="BYD.1735811403914.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811403914.image.png" style="width: 50%;"/> 4. You will see the limit orders in [Orders]. The limit order will be executed only when the market price reaches your limit price. If the market price does not reach the price you set, the limit order will remain open.<img src="https://uploads.bydfi.in/events/cmsBYD.1735811450632.image.png" alt="BYD.1735811450632.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811450632.image.png" style="width: 50%;"/><h3></h3><h3>Market Order</h3>What is a market order?A market order is a quick buy or sell at the current market price.A market order allows you to buy or sell a financial asset immediately at the best available price. Market orders take prices from limit orders on the order book, which means you cannot be 100% sure of the price. Slippage can occur when you get a price different from what you expected.The main advantages of market orders are that they are simple, immediate, efficient, and can be completed in most cases.Because of the risk of slippage, market orders require you to place the order yourself. How a market orders work?A market order is executed immediately at the current market price. There are always two sides in a trade: the maker and the taker. When you place a market order, it is subject to the price set by others.The exchange will match a purchase market order to the lowest ask price on the order book. In contrast, a sell market order will be matched with the highest bid price on the order book.Market orders require an exchange to have liquidity on the order book to meet the instant demand. As a market order removes liquidity from the exchange, you'll pay higher fees as a market taker when you place one. For example: You want to buy 0.1 BTC and the current market price falls around $24800 (USD). You can go to open a BTC/USDT pair, enter 0.1 in the quantity field, and click [Buy BTC] to create a market order.After placing an order, the exchange looks at the order market. This ledger contains limit orders with a specific quantity and specified price to purchase or sell an asset. In this case, your market order to buy 0.1 BTC at market price will be matched with the lowest limit sell order in the order book. The minimum sell order in the order book is 24796.2 for an amount of 0.18017; Your market order will buy 0.1BTC from 24796.2 on offer, and the spot price will be $24796.2;If you want to buy 0.5BTC at the current market price, the cheapest sell limit order available doesn't have the volume to fill your entire market buy order. Your market order's remaining volume will be automatically matched with the next best sell limit orders, working its way up the order book until it's totally filled. This process is called slippage and is why you pay higher prices and fees (or receive a lower price) as a market taker. When to use a market order? ▪ Market orders are easy to use. If you want to trade high liquidity tokens with high market capitalization, such as BTC, ETH... then market orders are a very safe option. ▪ You can buy or sell the full amount of the asset yourself. In most cases, market orders always ensure that you can close all positions or open them as soon as you need to. ▪ You can trade immediately. You may be under time pressure to execute a trade, for example, before the close. What is certain is that your market order is almost always the fastest way to execute a trade. However, if you're not a complete beginner to crypto and want to purchase some altcoins with your Bitcoin, avoid using a market order because you might pay more than necessary. In this case, a limit order is probably better. How to place a market order?You want to create a buy order for 5000 ETH. After logging into your BYDFi account, go to the [Spot] page. Select the ETH pair, scroll down and select [Market]. Then set the buy amount to 5000 ETH and click the [Buy ETH] button.You will see a confirmation pop-up on the screen that the order was submitted successfully, and the system will execute your market order. You will be able to view the details of your order in the [Order History or Trade History] section.<img src="https://uploads.bydfi.in/events/cmsBYD.1735811523909.image.png" alt="BYD.1735811523909.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811523909.image.png" style="width: 50%;"/>Note: The transaction fee of each trading pair is different based on the taker and maker, you can check the details at the coin's introduction page of your choice.<img src="https://uploads.bydfi.in/events/cmsBYD.1735811547307.image.png" alt="BYD.1735811547307.image.png" data-href="https://uploads.bydfi.in/events/cmsBYD.1735811547307.image.png" style="width: 50%;"/>

Limit and Market Orders (APP)

P2P (Peer-to-Peer) service on BYDFi enables users to buy and sell cryptocurrencies directly with one another, without intermediaries. 1. Login to your BYDFi account and navigate to "Buy Crypto"<img src="https://uploads.bydfi.in/events/cms/BYD.1744691216922.image.png" alt="BYD.1744691216922.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691216922.image.png" style="width: 50%;"/> 2. Click on "P2P"<img src="https://uploads.bydfi.in/events/cms/BYD.1744691264015.image.png" alt="BYD.1744691264015.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691264015.image.png" style="width: 50%;"/>3. Select or search for the fiat currency you would like to use as paymentThe fiat currencies currently supported are as follow:CAD, HKD, IDR, PHP, USD and VND<img src="https://uploads.bydfi.in/events/cms/BYD.1744691362583.image.png" alt="BYD.1744691362583.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691362583.image.png" style="width: 50%;"/>4. Select or search for the crypto you would like to buyThe cryptocurrencies currently supported are as follow: BTC, ETH, USDT and XRP<img src="https://uploads.bydfi.in/events/cms/BYD.1744691417468.image.png" alt="BYD.1744691417468.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691417468.image.png" style="width: 50%;"/>5. Select a tradable merchant for purchase<img src="https://uploads.bydfi.in/events/cms/BYD.1744691470399.image.png" alt="BYD.1744691470399.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691470399.image.png" style="width: 50%;"/>6. &nbsp;Fill in the required digital assets by amount or quantity (pay attention to the "payment method" required by the merchant), and click "0 fees Buy USDT"<img src="https://uploads.bydfi.in/events/cms/BYD.1744691516209.image.png" alt="BYD.1744691516209.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744691516209.image.png" style="width: 50%;"/>Once the order is created, complete the payment using the method provided by the merchant. After successfully making the payment, click "I Have Paid." The merchant will release the cryptocurrency once the payment is confirmed. Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions.

How to Buy Crypto via P2P? (APP)

P2P (Peer-to-Peer) service on BYDFi enables users to buy and sell cryptocurrencies directly with one another, without intermediaries. 1. Click "Buy Crypto" → "P2P"<img src="https://uploads.bydfi.in/events/cms/BYD.1744687648185.image.png" alt="BYD.1744687648185.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687648185.image.png" style="width: 100%;"/> 2. Select or search for the fiat currency you would like to use as payment The fiat currencies currently supported are as follow: CAD, HKD, IDR, PHP, USD and VND<img src="https://uploads.bydfi.in/events/cms/BYD.1744687780986.image.png" alt="BYD.1744687780986.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687780986.image.png" style="width: 100%;"/>3. Select or search for the crypto you would like to buy The cryptocurrencies currently supported are as follow: BTC, ETH, USDT and XRP<img src="https://uploads.bydfi.in/events/cms/BYD.1744687901694.image.png" alt="BYD.1744687901694.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687901694.image.png" style="width: 100%;"/> 4. Select a tradable merchant for purchase<img src="https://uploads.bydfi.in/events/cms/BYD.1744687945803.image.png" alt="BYD.1744687945803.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687945803.image.png" style="width: 100%;"/> 5. Enter the fiat currency amount you would like to pay ( pay attention to the "payment method" required by the merchant ), and click "0 Fee Buy USDT"<img src="https://uploads.bydfi.in/events/cms/BYD.1744688060577.image.png" alt="BYD.1744688060577.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744688060577.image.png" style="width: 100%;"/> Once the order is created, complete the payment using the method provided by the merchant. After successfully making the payment, click "I Have Paid." The merchant will release the cryptocurrency once the payment is confirmed. If you need further assistance, don’t hesitate to <a href="mailto:cs@bydfi.com" target="_blank">contact the BYDFi support team</a>! Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions.

How to Buy Crypto via P2P? (PC)

The blacklist function in BYDFi's P2P platform helps you manage your trading experience by blocking buyers or sellers you no longer wish to interact with. Once blacklisted, these users can’t trade with you or contact you again. How to blacklist buyer/seller on P2P?You can add someone to your blacklist in two ways:Option 1: From the Merchant’s Page1. Go to the P2P trading page2. Tap the buyer or seller’s avatar/icon to access their merchant profile<img src="https://uploads.bydfi.in/events/cms/BYD.1744687130872.image.png" alt="BYD.1744687130872.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687130872.image.png" style="width: 50%;"/>3. Click the Blacklist option<img src="https://uploads.bydfi.in/events/cms/BYD.1744683778986.image.png" alt="BYD.1744683778986.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744683778986.image.png" style="width: 50%;"/> Option 2: From Order History1. Tap Order History on the P2P trading page.2. Select a previous order to enter the chat/dialog window.<img src="https://uploads.bydfi.in/events/cms/BYD.1744683936736.image.png" alt="BYD.1744683936736.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744683936736.image.png" style="width: 50%;"/>3. Click the Blacklist option to block the user directly from the conversation<img src="https://uploads.bydfi.in/events/cms/BYD.1744684038528.image.png" alt="BYD.1744684038528.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684038528.image.png" style="width: 50%;"/> How to View and Manage Your Blacklist1. Go to the P2P trading page and tap Profile2. Select Follow/Blacklist<img src="https://uploads.bydfi.in/events/cms/BYD.1744684137862.image.png" alt="BYD.1744684137862.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684137862.image.png" style="width: 50%;"/>3. You’ll see a list of users you’ve followed or blacklisted. From here, you can remove users from the blacklist if you wish to resume trading with them.<img src="https://uploads.bydfi.in/events/cms/BYD.1744684279808.image.png" alt="BYD.1744684279808.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684279808.image.png" style="width: 50%;"/> Note:<ul><li>Once blacklisted, users can no longer send you messages or call you.</li><li>Their ads will be hidden from your view.</li><li>To trade with them again, you must manually remove them from your blacklist.</li></ul>

Blacklisting function in P2P

​If you've completed a payment on BYDFi's P2P platform but the merchant hasn't released the cryptocurrency, follow these steps to resolve the issue:​ 1. Contact the MerchantUse the in-app chat feature to reach out to the merchant directly. They might have overlooked the payment or require additional confirmation. Clear and prompt communication can often resolve such delays. <img src="https://uploads.bydfi.in/events/cms/BYD.1744625230048.image.png" alt="BYD.1744625230048.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625230048.image.png" style="width: 50%;"/><img src="https://uploads.bydfi.in/events/cms/BYD.1744625293493.image.png" alt="BYD.1744625293493.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625293493.image.png" style="width: 50%;"/><h3></h3>2. File an AppealIf the merchant remains unresponsive or refuses to release the crypto after you've marked the payment as completed, initiate an appeal:​BYDFi+5BYDFi+5BYDFi+5Click on the "Appeal" button within the order interface.​<img src="https://uploads.bydfi.in/events/cms/BYD.1744625354651.image.png" alt="BYD.1744625354651.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625354651.image.png" style="width: 50%;"/>Provide relevant evidence, such as payment receipts and chat logs.<img src="https://uploads.bydfi.in/events/cms/BYD.1744625386086.image.png" alt="BYD.1744625386086.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625386086.image.png" style="width: 50%;"/>BYDFi's customer support will review the case and notify you of the outcome via email. BYDFi facilitates the P2P trading platform and holds the seller's cryptocurrency in escrow until the transaction is confirmed. However, all payments are conducted off-platform, and BYDFi doesn't have the authority to reverse or enforce payment actions. Therefore, it's crucial to ensure all payment details are accurate and to keep thorough records of all transactions. To minimize the risk of such situations:<ul><li>Always verify that the payment has been received in your bank or wallet before marking the transaction as completed.​</li><li>Avoid including sensitive terms like "crypto," "BTC," or "USDT" in payment references, as they might trigger banking issues</li><li>Be cautious of merchants with a history of delayed releases.​</li><li>Utilize the blacklist feature to avoid future transactions with problematic users.</li></ul> Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions.

What to Do If Coins Aren’t Released After Payment

Becoming a certified merchant on BYDFi P2P allows you to post your own ads, gain more exposure, and build trust with buyers and sellers. Follow the steps below to apply: Complete Basic RequirementsBefore applying, make sure you’ve completed the following:<ul><li>KYC Verification</li><li>Bind Your Mobile Number and Email Address</li></ul> Start the ApplicationFrom the homepage, tap on Buy Crypto<img src="https://uploads.bydfi.in/events/cms/BYD.1744617302407.image.png" alt="BYD.1744617302407.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617302407.image.png" style="width: 50%;"/>Then, click on Profile in the lower-right corner<img src="https://uploads.bydfi.in/events/cms/BYD.1744617397556.image.png" alt="BYD.1744617397556.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617397556.image.png" style="width: 50%;"/>Select Apply to Become a Certified Merchant<img src="https://uploads.bydfi.in/events/cms/BYD.1744621386337.image.png" alt="BYD.1744621386337.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744621386337.image.png" style="width: 50%;"/>Tap Apply Now<img src="https://uploads.bydfi.in/events/cms/BYD.1744617517944.image.png" alt="BYD.1744617517944.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617517944.image.png" style="width: 50%;"/>Enter your accurate Telegram username and a contact number where buyers can reach you<img src="https://uploads.bydfi.in/events/cms/BYD.1744617938313.image.png" alt="BYD.1744617938313.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617938313.image.png" style="width: 50%;"/>Confirm and pay the required deposit to complete your application<img src="https://uploads.bydfi.in/events/cms/BYD.1744618005059.image.png" alt="BYD.1744618005059.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618005059.image.png" style="width: 50%;"/><h3></h3>After submission, please wait for an email notification with the review result.If approved, a new “Advertise” option will appear at the bottom of your screen. Tap it, then click “Create Ad” in the upper right.<img src="https://uploads.bydfi.in/events/cms/BYD.1744618804549.image.png" alt="BYD.1744618804549.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618804549.image.png" style="width: 50%;"/> Enter your ad amount, trading limits, and payment methods.Once everything is set, you can publish your ad and start trading as a certified merchant<img src="https://uploads.bydfi.in/events/cms/BYD.1744618862188.image.png" alt="BYD.1744618862188.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618862188.image.png" style="width: 50%;"/><h3></h3>Tips for a Successful Application<ul><li>Make sure your contact details are active and up-to-date.</li><li>Double-check your KYC status before applying.</li><li>Use a valid Telegram account for faster communication.</li></ul>

How to Become a Certified Merchant?

<img src="https://uploads.bydfi.in/events/cms/BYD.1744342153771.image.png" alt="BYD.1744342153771.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744342153771.image.png" style="width: 100%;"/>Differences in Trading Mechanisms Between CEX and DEXBefore understanding why the execution price might differ from the expected price, it's important to distinguish the trading mechanisms of centralized exchanges (CEX) and decentralized exchanges (DEX). CEX Order Book MechanismPrice Determination: CEX platforms use an order book mechanism where limit orders are executed at the specified price, typically without significant slippage.Matching System: The order book automatically matches buy and sell orders based on market conditions, enabling instant transactions. DEX Automated Market Maker (AMM) ModelPricing Formula: DEX platforms utilize liquidity pools and the "constant product formula" (x * y = k) to dynamically adjust prices.Price Deviation: Large trades can alter the token ratios in the pool, causing the actual execution price to diverge from the expected price, particularly in situations with low liquidity. Main Reasons for Price DeviationSlippage Definition<ul><li style="line-height: 1;">Slippage is the difference between the expected price and the actual execution price of a trade. </li><li style="line-height: 1;">Cause: Each trade changes the ratio of tokens in the liquidity pool, and slippage becomes more noticeable when liquidity is low. </li><li style="line-height: 1;">Controlling Slippage: Traders can manage slippage by setting a tolerance range for slippage and choosing liquidity pools with deeper liquidity.</li></ul> Liquidity Issues Liquidity Depth<ul><li style="line-height: 1;">A deep liquidity pool ensures small price changes during transactions, while insufficient liquidity leads to significant price fluctuations. </li><li style="line-height: 1;">Impact of Large Trades: In an AMM model, large trades shift the token ratio, causing the price curve to change.</li></ul> Gas Fees and Transaction Priority Gas Fees Impact<ul><li style="line-height: 1;">Low gas fees can delay a transaction, especially in volatile markets, potentially leading to price deviation. </li><li style="line-height: 1;">Network Congestion: When the network is congested, transaction execution takes longer, which may cause the final price to differ from the expected price.</li></ul> Ways to Minimize Price DeviationChoose Liquidity-Rich Pools: Ensure that the liquidity pool has enough assets to support the transaction.Set a Slippage Tolerance: Set a reasonable slippage tolerance based on the trade volume to prevent excessive deviation or failed transactions.Prioritize Small Trades: Breaking down large trades into smaller transactions can mitigate the impact of large trades on price.Use Fast Mode: Opt for fast or priority modes during peak trading times to reduce delays that could cause price deviation. Characteristics of the AMM ModelPrice Fluctuation Curve: Price changes follow a curved distribution, with larger trades resulting in more significant price fluctuations.PImpact of Large Trades: Large trades magnify price deviation. It’s recommended to break down larger trades to reduce this effect. ConclusionThe primary reasons for discrepancies between the expected and actual execution prices in limit orders stem from the AMM model's characteristics, insufficient liquidity depth, and issues related to slippage and gas fees. To minimize unnecessary losses, traders should ensure they understand the liquidity status of a pool, set reasonable slippage tolerance, and select appropriate trading modes.

Why the Execution Price of a Limit Order May Differ from the Expected Price

<img src="https://uploads.bydfi.in/events/cms/BYD.1744337915700.image.png" alt="BYD.1744337915700.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744337915700.image.png" style="width: 100%;"/>In crypto trading, margin modes play a critical role in determining how funds are managed within a trading account. Two of the most common margin modes are Isolated-Margin and Cross-Margin Mode. Choosing the right margin mode can significantly impact your trading strategy and risk management. BYDFi supports two margin modes: isolated-margin mode and cross-margin mode. What Is Isolated-Margin Mode?In Isolated Margin Mode, the margin allocated to a specific position is isolated from the rest of the account balance. If the position incurs losses and approaches liquidation, only the funds allocated to that position are at risk. Key Features:<ul><li>Risk Limitation: Losses are confined to the isolated margin for that position, preventing further loss of funds in the account.</li><li>Manual Adjustment: Traders can add or remove margin manually to manage liquidation risks.</li><li>Ideal for New Traders: Offers controlled risk and is suitable for traders wanting to test strategies without exposing their entire account.</li></ul>Example: FIBO opens a 10,000 BTCUSD position at 20,000 USD using 10X leverage. The initial margin for opening the position is 0.5 BTC. Later, FIBO increased the leverage to 20X, and the initial margin (collateral) was re-adjusted from 0.5 BTC to only 0.25 BTC. In the case of a forced liquidation, FIBO will lose only 0.25 BTC of the initial margin (excluding fees). This allows traders to effectively control their risk. Note: Users can add margin either manually or automatically. After opening a position, users can only reduce the margin that they have manually increased. Reducing leverage is not supported when a position is being held or when there's a trigger order. What Is Cross-Margin Mode?The cross-margin mode is the default margin mode of BYDFi. In Cross Margin Mode, all available funds in your margin account are shared across all open positions. If one position faces losses, the platform will use the remaining balance in the account to prevent liquidation. Key Features:<ul><li>Maximized Resource Utilization: Funds are pooled together, allowing more flexibility in covering losses.</li><li>Higher Liquidation Threshold: Reduced risk of liquidation as the entire account balance acts as a safety net.</li><li>Risk of Wiping Out Account: If losses exceed available funds, the entire account may be liquidated.</li></ul>Example: FIBO opens a position in BTCUSDT. When the BTCUSD position is forced to close, FIBO will lose all his USDT balance, but his BTC balance will not be affected. Comparing Isolated and Cross Margin Modes<table style="width: 100%;"><tbody><tr><td colSpan="1" rowSpan="1" width="auto">Feature</td><td colSpan="1" rowSpan="1" width="auto">Isolated Margin</td><td colSpan="1" rowSpan="1" width="auto">Cross Margin</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Risk Level</td><td colSpan="1" rowSpan="1" width="auto">Limited to allocated margin</td><td colSpan="1" rowSpan="1" width="auto">Entire account balance at risk</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Margin Allocation</td><td colSpan="1" rowSpan="1" width="auto">Specific to individual positions</td><td colSpan="1" rowSpan="1" width="auto">Shared across all positions</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Flexibility</td><td colSpan="1" rowSpan="1" width="auto">Manual adjustment required</td><td colSpan="1" rowSpan="1" width="auto">Automatic resource sharing</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Use Case</td><td colSpan="1" rowSpan="1" width="auto">For testing strategies or high-risk trades</td><td colSpan="1" rowSpan="1" width="auto">For experienced traders or hedging</td></tr></tbody></table>Choosing the right margin model depends on your trading objectives and risk tolerance. Isolated-margin &nbsp;mode offers limited risk and greater control, while Cross-margin mode provides flexibility and maximizes capital utilization. You can choose the most suitable margin model for your needs and realize a more efficient and safer trading experience.

Isolated/Cross Margin Mode

<img src="https://uploads.bydfi.in/events/cms/BYD.1744282658671.image.png" alt="BYD.1744282658671.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744282658671.image.png" style="width: 100%;"/>Smart Money refers to on-chain traders with higher win rates and stable returns. These traders are often institutional investors, KOLs (Key Opinion Leaders), insiders, or professional traders. With sharp market analysis and strategic decision-making, they can spot promising tokens early and execute buy or sell orders at the perfect time. <h3 style="text-align: start;">🚀 Why Monitor Smart Money?</h3>In the crypto market, the flow of Smart Money often signals market trends. By tracking Smart Money movements, you can:• Spot trending tokens early and position yourself for potential 100x gains• Get real-time alerts on large transactions to analyze market direction• Reduce investment risks by avoiding high-risk tokens and potential Rug Pulls <h3 style="text-align: start;">🔍 How to Track Smart Money?</h3>MoonX comes with a built-in smart analytics system that monitors high-win-rate wallet addresses. These wallets are carefully selected for their consistent profits and are labeled with their trading styles, social media links, and market influence.Want to track a specific wallet? MoonX also offers custom tracking features, giving you more flexibility in your trading strategies. <h3 style="text-align: start;">🔥 Why Choose MoonX for Smart Money Tracking?</h3>• Multi-chain support• Real-time on-chain data to track the latest Smart Money activities• Smart risk filters to avoid honeypot wallets and high-risk tokens• One-click copy trading with no complicated setup Start using MoonX Smart Money Tracking to discover market opportunities ahead of the crowd and boost your win rate! 🚀

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