1inch exchange vs Bydfi: Fees, Security, Features & Which to Choose (2025)

Trying to choose between 1inch exchange and Bydfi This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on September 11, 2025

1inch exchange

Bydfi

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

United Kingdom

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1inch exchange is ideal if:

Aggregated DEX routing: Seamlessly taps into multiple decentralized exchanges in real time to continuously seek the most efficient swap paths, helping you minimize slippage and achieve better price execution.
Advanced swap engine (Fusion/Fusion+): Provides gas optimization, front-running protection, and even gasless swap functionality—all designed to shield your trades and streamline execution.
Broad multi-chain access with advanced tools: Supports numerous blockchains and combines features like limit orders, a built-in wallet, and non-custodial governance mechanisms to offer both flexibility and control.

Bydfi is ideal if:

Great for automation fans – If you enjoy trading bots, copy trading, or demo accounts, BYDFi delivers robust tools to trade efficiently without constant manual oversight.
Suited to traders chasing leverage – With support for high-leverage strategies and user-friendly interfaces, it's a solid pick for aggressive traders seeking powerful instruments in an accessible format.
Ideal for global beginners and pros alike – Its intuitive design and broad feature set make it equally approachable for new users just starting and those looking for advanced trading options.

1inch exchange isn’t ideal if:

No fiat on-ramp available: You must already own cryptocurrency to use the platform, as it doesn’t allow direct fiat-to-crypto purchases via credit cards or bank transfers.
Steep learning curve for newcomers: Its advanced routing, multi-chain options, and DeFi tools can feel overwhelming if you're just starting out.
Subtle centralization elements: Some decisions and protocol updates are still managed by the founding team, which may raise concerns for users seeking full decentralization.

Bydfi isn’t ideal if:

No staking or lending features – If you're seeking income through asset staking or crypto loans, BYDFi currently doesn’t offer these options.
Limited fiat withdrawal support – Converting crypto into local currency outside the platform can be inconvenient or unavailable directly within BYDFi.
Advanced tools might overwhelm newcomers – Beginners may find features like high-leverage derivatives and automated bots more complex than user-friendly.

Fees & Total Costs

Spot Maker/Take

1inch itself does not impose maker or taker fees on spot trades—instead, those fees are baked into the price you see and vary depending on the decentralized liquidity sources it pulls from, such as Uniswap or Balancer, each with their own fee tiers. There’s no volume-based fee structure directly on 1inch, nor token-based discounts to lower these costs.

BYDFi charges a flat maker and taker fee of 0.1% for all spot trades; while VIP tiers may offer reductions, there’s no native-token discount outlined as standard.

Futures/Derivatives

1inch primarily functions as a DEX aggregator and doesn’t offer native futures or derivatives trading, so maker/taker fee tiers and funding rates are not applicable within its ecosystem.

Perpetual contracts carry a maker fee of 0.02% and taker fee of 0.06%, and the funding fee is exchanged every eight hours depending on market sentiment (positive or negative)—paid by longs to shorts or vice versa.

Average Spreads on Liquid Pairs

As a decentralized aggregator, 1inch doesn’t publicly publish average spreads, since spread values dynamically depend on the liquidity depth across multiple sources and real-time routing, making them variable and not standardized in platform documentation.

For major perpetual pairs, typical bid-ask spreads hover around 0.06%, reflecting tight pricing in high-liquidity markets.

Fiat Deposits & Withdrawals

1inch does not support direct fiat deposits or withdrawals—you need to use an external exchange or service to convert fiat to crypto before transferring funds to 1inch; hence, method options, fees, and processing times depend entirely on that external provider.

Users can deposit fiat via providers like Banxa, Transak, Coinify, and Mercuryo; fees and processing speeds vary by region, with no flat rate transparency but generally fast credited times.

On-chain Withdrawals

1inch does not charge withdrawal fees; you only pay the dynamic network (gas) fees required by each blockchain, which vary by network (e.g., Ethereum, Binance Smart Chain, Polygon) and are not set by 1inch itself.

Fixed vs Dynamic Network Fees

Hidden Costs

There are no hidden platform costs like currency conversion charges, inactivity penalties, or speedy KYC fees, as 1inch is non-custodial and does not manage fiat or user funds directly—your only costs are visible swap pricing and network gas.

There’s a small fee embedded in crypto-to-crypto conversions, and while no inactivity fees are standard, express KYC or other convenience services may involve additional charges.

Real-World Cost Example: “€500 BTC

Since 1inch doesn’t accept fiat and embeds swap fees in its quoted price, you’d need to first convert your €500 to crypto on another platform (incurring any fiat-related fees and spread there), then swap that crypto to BTC via 1inch (price includes underlying DEX fees), and finally withdraw on-chain, paying network gas—making the practical steps and costs vary depending on which fiat-to-crypto provider and network you use.

Purchasing €500 of BTC would incur a spot fee (~0.1%) plus any spread embedded in the quote, and if you then withdraw on-chain, you’d pay the network-based withdrawal fee—combining all these into the total cost.

Crypto Offering & Trading Features

Number of Coins & Pairs

1inch aggregates a broad range of tokens across multiple chains—hundreds of crypto assets are available for swaps, although no fixed total or “top-20 pairs by volume” is published on-site.

Offering a robust selection, BYDFi supports over 550–900 cryptocurrencies and 600–800+ trading pairs for spot markets; the top 20 by volume typically include BTC/USDT, ETH/USDT, XRP/USDT and other high-liquidity altcoin pairs.

Product Range

1inch specializes in spot swaps via its DEX aggregator and supports staking of its token but does not offer margin, perpetuals, options, ETFs, lending, copy-trading, grid bots, or automatic DCA features.

The platform delivers a versatile range of trading tools, including spot, perpetual derivatives (Coin-M & USDT-M), copy trading, automated bots (grid, martingale), DCA strategies, demo accounts, on-chain trading via MoonX, but currently lacks options, ETFs, staking, or lending.

Liquidity

While exact figures aren’t listed, 1inch routes trades through deep liquidity pools across DEXs and on peak days handles multi-billion-dollar trading volumes—ensuring sufficient liquidity and execution depth for major assets like BTC or ETH.

Liquidity remains moderate compared to major exchanges—with mid-level 24-hour volume and modest order book depth for BTC/USDT and ETH/USDT—implying that traders may encounter slightly wider pricing gaps than on deeper venues.

Tools

The platform offers on-chain limit orders, RFQ functionality, Fusion mode for gas-efficient swaps, and API access; however, it lacks native advanced charting tools, alerts, OCO, or built-in TradingView interfaces.

BYDFi includes a comprehensive toolkit

Geographic Restrictions by Product

1inch is available globally with no region-based restrictions on its decentralized tools—derivative-like features simply don’t exist on the platform, so there’s no regional limitation for unavailable products.

Certain regions face limitations—derivatives or high-leverage tools may be unavailable in places like the United Kingdom or other restricted jurisdictions, reflecting regulatory constraints in those locales.

Innovation

1inch drives innovation with its Fusion swaps (gas-saving mode), limit-order automation, and staking/delegation model featuring “Unicorn Power,” but it doesn’t offer launchpads, flexible vs locked earn products, or similar launchpool mechanisms.

The platform shines with its innovative MoonX on-chain engine offering DeFi access to hundreds of thousands of token pairs, and provides flexible bot-driven strategies, yet it doesn’t currently offer launchpad/pool features or staking/earn products.

Security, Regulation & Custody

Operating Entity & Jurisdiction

1inch Network is operated by 1inch Labs, founded in May 2019 and headquartered in the United States, though governance is decentralized through its DAO.

BYDFi is legally operated by BYDFi Blockchain Limited, founded in April 2020, and is headquartered in Singapore; it serves a global client base under that corporate structure.

Licenses/Registration

The platform isn’t a centrally licensed exchange—there’s no VASP or EU MiCA registration; instead, it’s governed by a DeFi-oriented self-regulation framework with audit and compliance standards.

The platform holds Money Services Business (MSB) registrations in both the United States (FinCEN) and Canada (FINTRAC), but lacks explicit VASP or MiCA licensing in Europe, though it remains active across EU states.

Custody

1inch is completely non-custodial—users manage their own funds. It hasn’t published third-party proof-of-reserves reports, though it is working toward self-regulation tools including reserve transparency.

BYDFi uses its own custody with deep cold storage and multi-signature wallets, and transparently publishes proof-of-reserve data showing full backing plus buffer for assets like BTC, ETH, and USDT, along with a user protection fund of 800 BTC.

Insurance & Protection Funds

There’s no dedicated insurance or protection fund covering user assets, as the platform relies on its decentralized, audited smart-contract architecture rather than custodial safeguards.

A protection fund equivalent to 800 BTC is maintained to safeguard users’ assets in case of emergency situations or platform distress.

Incident History

A notable security event involved a March 2025 exploit that targeted deprecated Fusion v1 third-party resolvers, resulting in a ~$5 million loss, though most funds were recovered after negotiations.

There are no public records or reports of hacks, service suspensions, asset freezes, or regulatory fines associated with BYDFi to date, indicating a clean operational track record.

Risk Controls

1inch employs robust protections—real-time AML screening, address blocklists, non-upgradable contracts, dApp simulations, geofencing, and resolver whitelists enhance safety and reduce fraud risk.

The platform enforces multi-layered risk safeguards such as Google Authenticator–based 2FA, withdrawal whitelist, anti-phishing systems, and granular API or sub-account permissions for additional user control.

Transparency

While there are no formal monthly reports or SLAs published, 1inch’s smart contracts and security framework are thoroughly audited and documented, and it has introduced a self-regulation initiative for improved transparency.

BYDFi publishes regular proof-of-reserve disclosures and maintains segregated user funds, though it does not appear to offer publicly visible monthly audit reports, wallet explorers, or guaranteed service-level agreements (SLAs).

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

1inch Wallet enables fiat-to-crypto purchases via top-tier providers like Banxa, MoonPay, Sardine, Mercuryo, Transak, Stripe, and Ramp—offering card, bank transfer, and local payment options; minimums, maximums, and processing times vary per provider and region.

BYDFi allows fiat deposits through credit/debit cards, e-wallets, and bank transfers via partners like Transak, Coinify, Alchemy Pay, and Mercuryo; minimums vary by method, card and e-wallet deposits are typically nearly instant, while bank transfers may take 1–3 business days.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

The wallet relies on integrated fiat-on-ramp providers to handle KYC—there’s no platform-level tiering; purchase limits and verification requirements depend on the chosen provider’s policies.

BYDFi offers trading with no KYC initially, but requires KYC for fiat withdrawals and higher limits; unverified users have lower withdrawal caps, while verified accounts unlock substantially higher limits and access to promotions.

Withdrawals

Limits, Times, Networks

Crypto withdrawals depend on verification level and risk-controls; limits escalate from modest (e.g., ~1.5 BTC/day) for unverified users to higher tiers for verified ones, and you can withdraw via supported networks like ERC20, BEP20, TRC20, with processing subject to blockchain conditions.

Customer Support

The platform offers 24/7 in-app chat support, email contact options via its help center, and a comprehensive knowledge base with guides and troubleshooting articles.

BYDFi offers 24/7 live chat and email support, with a comprehensive FAQ and Help Center for self-service; response times are generally fast, especially via live chat, and documentation covers most common user inquiries.

Languages & Localization

The developer portal and support interface currently operate in English only, though the Card interface includes localized language support via its issuing partners; fiat amounts are displayed depending on your currency selection but no full Spanish-native interface exists.

The platform provides a multilingual interface, displays balances and fees in multiple currencies (EUR, USD), and adapts to local regulations in supported countries, though full regulatory compliance varies by jurisdiction.

App Quality & Stability

The 1inch Wallet shows a sleek, intuitive interface with frequent updates, Fusion mode enhancements, and robust security features—while occasional crash reports exist, the app remains generally stable and well-optimized across Android and iOS.

The BYDFi mobile app is regularly updated and widely reported as stable and responsive, with minimal crashes noted by users—reflecting consistent maintenance and enhancements over time.

Experience, Performance & Ecosystem

UX/UI

The 1inch Wallet delivers a polished, intuitive interface praised for outperforming competitor wallets while remaining accessible to both newcomers and seasoned DeFi users. Although there’s no explicit “Lite” or “Pro” mode, its design balances simplicity and depth—favorites, all-networks view, and QR-based actions keep navigation smooth while advanced features remain within reach.

Users describe BYDFi’s interface as intuitively unified—a single layout that handles both spot and futures trading seamlessly—making it accessible for beginners while offering sufficient power for advanced users, though explicit “Lite” vs. “Pro” toggles aren’t prominent.

Performance

Order execution in 1inch is impressively fast, thanks to its intelligent routing system, and it handles peaks in volatility with reliable stability. Built-in features like canceling or accelerating transactions further ensure resilience—there are no widespread reports of app or KYC delays even during high-traffic bull market periods.

BYDFi’s robust infrastructure and low-latency design ensure fast order execution even during surges, reducing slippage and delays common in highly volatile periods.

Education

While 1inch lacks a formal academy, demo environment, or Spanish-language tutorial series, it’s rich in practical guidance via its Help Center, blog posts, and built-in quick tips within the app—as well as “Pro Tips” playlists—designed to help users learn on the go.

The exchange offers a fully functional demo trading environment and a Q&A support hub, though comprehensive educational materials or guides in Spanish are limited or not prominently featured.

Community

The platform supports an active ecosystem with official channels on Discord, Telegram, Reddit, and a functional referral system, fostering an engaged user base—even if it doesn’t yet host its own formal forum or AMA events.

BYDFi maintains active official communities across Discord, Telegram, X, and Medium, and offers referral programs that reward users for onboarding others—building engagement through a global network.

Integrations

1inch excels in Web3 integration, allowing seamless dApp connectivity via WalletConnect and Ledger hardware; however, it does not currently embed TradingView, tax tools, external bots, or accounting features directly into its wallet—signal potential for future expansion.

Seamless integration with TradingView enables direct charting and trade execution inside the platform; plus, BYDFi connects with third-party tax tools like CoinLedger and Divly via API or CSV exports for streamlined financial tracking.

Who Each One Is Best For

The wallet is best suited for users who value a sleek, secure DeFi experience across chains, including budget-conscious DeFi explorers and power users needing advanced routing—while newcomers benefit from its intuitive design, though those seeking built-in educational modules or portfolio tools may have a slight learning curve.

BYDFi suits traders who value low-latency order execution, demo environments, community engagement, and powerful interface features—all in a unified layout—making it ideal for users transitioning from beginner to more sophisticated strategies.