Bydfi vs Biking: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Bydfi and Biking 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 August 16, 2025

bydfi

Bydfi

biking

Biking

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Table of Contents

Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

No

Canada

Yes

United Kingdom

No
Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

No

China

Yes

Canada

Yes

United Kingdom

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Bydfi is ideal if:

Biking is ideal if:

Bydfi isn’t ideal if:

Biking isn’t ideal if:

Fees & Total Costs

Spot Maker/Take

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.
BiKing applies a flat trading fee for both makers and takers on spot trades, regardless of your volume level; there’s no discount tied to using a native token, so the cost per trade remains consistent across users.

Futures/Derivatives

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.
On perpetual futures, BiKing charges a uniform fee whether you’re adding or taking liquidity, and funding payments happen directly between traders on fixed intervals—BiKing itself doesn’t impose any additional charge for that.

Average Spreads on Liquid Pairs

For major perpetual pairs, typical bid-ask spreads hover around 0.06%, reflecting tight pricing in high-liquidity markets.
The exchange maintains tight spreads on its most traded pairs to support efficient execution, reflecting its focus on seamless trading in deep markets.

Fiat Deposits & Withdrawals

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.
BiKing currently does not facilitate traditional fiat deposits or withdrawals via bank wires or cards, operating chiefly within the crypto-to-crypto sphere to keep things straightforward and platform-native.

On-chain Withdrawals

Fixed vs Dynamic Network Fees
Withdrawal costs are dynamically calculated based on network conditions—BiKing passes along the prevailing network fee for each blockchain rather than using a fixed fiat-denominated rate.

Hidden Costs

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.
There’s no evidence BiKing applies fees for things like currency conversions, account inactivity, or expedited verification processes, making its structure transparent and predictable beyond standard trading and withdrawal costs.

Real-World Cost Example: “€500 BTC

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.
In a scenario where you convert fiat into crypto—though fiat options are not currently available—BiKing’s structure means you’d face only the usual spot trading fee and the network-based withdrawal cost, without added platform margin or hidden charges, ensuring clarity in your total cost.

Crypto Offering & Trading Features

Number of Coins & Pairs

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.
BiKing lists around 260 cryptocurrencies and their associated trading pairs; the top 20 pairs—dominated by major market leaders—are generally those with the deepest liquidity and highest activity.

Product Range

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.
The platform focuses on perpetual and quick contracts, spot trading, and “bonus” or gamified contract modes—without options, ETFs, staking pools, lending, copy trading, grid bots, or auto-DCA features.

Liquidity

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.
BiKing reports healthy daily volumes in both spot and derivatives markets, supporting smooth execution; specific order-book depth metrics for BTC/ETH suggest reliable liquidity for active traders.

Tools

BYDFi includes a comprehensive toolkit
BiKing supports standard order types like limit, stop, and OCO, and includes charting and API access, though it lacks built-in TradingView integration or advanced alert systems.

Geographic Restrictions by Product

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.
Certain advanced products such as derivatives may be restricted in regulated regions—even with global availability, some users may find limited access to full product suites depending on local laws.

Innovation

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.
While lacking a traditional launchpad, BiKing does offer bonus-mode trading (a task-based rewards system) and appears exploring features like GameFi zones to engage users in flexible, incentive-driven trading experiences.

Security, Regulation & Custody

Operating Entity & Jurisdiction

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.
BiKing is operated by BiKing Financial Ltd., founded in 2017 and headquartered offshore, with its main operations based outside major financial jurisdictions to provide global access and flexibility.

Licenses/Registration

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.
BiKing holds MSB-style licenses in places like the United States and Canada, but is not regulated by top-tier financial authorities, which limits its legal transparency and oversight.

Custody

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.
BiKing uses in-house custody with deep cold storage, multi-signature withdrawals, and an anti-risk architecture to protect user funds, although it does not publicly publish proof-of-reserves or detailed audit reports.

Insurance & Protection Funds

A protection fund equivalent to 800 BTC is maintained to safeguard users’ assets in case of emergency situations or platform distress.
There’s no publicly disclosed insurance or user compensation fund, meaning users rely primarily on BiKing’s internal security framework rather than external protection schemes.

Incident History

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.
BiKing has no prominent history of major hacks or regulatory penalties, although there are occasional reports of withdrawal delays and limited transparency in incident reporting, which suggests a mixed track record on operations.

Risk Controls

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.
The platform supports robust safety features such as two-factor authentication, encryption, intrusion prevention systems, and expressive API controls, all reinforced by firewall protections and multi-layer risk policies.

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).
BiKing lacks publicly visible wallet addresses, formal service-level agreements, or monthly transparency reports, making it less open about operational metrics and fund holdings than more transparent platforms.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

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.
BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

Supported Fiat Currencies & Conversion

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.
BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

KYC (Verification Levels)

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.
BiKing mandates a primary KYC step that ties your identity to your account, required to begin trading; there is no tiered verification system publicly described, and higher account access is granted once the basic identity check is cleared.

Withdrawals

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.
On-chain withdrawals are available via multiple blockchain networks (e.g., ERC-20, BEP-20, TRC-20), with dynamic delays depending on network conditions; specific daily or per-transaction caps are not openly defined.

Customer Support

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.
BiKing advertises round-the-clock customer support, accessible via in-app or web chat and email, along with an evolving help center, though exact average response times aren’t specified.

Languages & Localization

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.
The interface is fully available in English among other languages; while fees or quotes aren’t localized to € or $ specifically, the platform remains region-agnostic without deep alignment to particular local regulatory setups.

App Quality & Stability

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.
The BiKing app is promoted as continuously refined by its tech team for a smooth trading experience, though there’s no publicly available data on crash rates or the recency of updates.

Experience, Performance & Ecosystem

UX/UI

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.
BiKing offers a polished, intuitive interface with a fast-matching engine and a slight learning curve—ideal for both new and experienced users—though it doesn’t explicitly separate “Lite” and “Pro” editions, delivering advanced functionality within one cohesive layout.

Performance

BYDFi’s robust infrastructure and low-latency design ensure fast order execution even during surges, reducing slippage and delays common in highly volatile periods.
The platform emphasizes microsecond-level order matching and anti-risk mechanisms to keep operations stable during spikes in market volatility, maintaining responsiveness when others might lag.

Education

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.
While there’s no dedicated academy or simulator, BiKing supports its users through informative FAQs, community insights, and integration with evolving GameFi incentives to help users learn indirectly.

Community

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.
BiKing boasts an energetic affiliate scheme (with unique perks such as high-value rewards), along with active official Telegram and social media channels that foster collaboration and user growth.

Integrations

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.
The platform backs core trading tools and API access for external developments, though it stops short of native TradingView embedding or tax/accounting tool integrations—focusing instead on simplicity and performance.

Who Each One Is Best For

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.
BiKing suits traders seeking a high-performance, security-focused crypto platform with GameFi gamified experiences and solid community backing—less so for those needing extensive educational modules, sophisticated bot ecosystems, or financial reporting tools.
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Cryptoassets are highly volatile and unregulated in some regions. No consumer protection. Tax may apply. Don’t invest unless you’re prepared to lose all the money you invest.