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

Trying to choose between Bydfi and Safetrade 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 13, 2025

Bydfi

Safetrade

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Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

Yes

Canada

Yes

United Kingdom

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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.

Safetrade is ideal if:

Great for altcoin explorers If you're keen to trade lesser-known or emerging cryptocurrencies, SafeTrade offers a broad variety of altcoins alongside popular ones, making it a good match.
Ideal if low fees matter With a straightforward, flat trading fee structure that’s competitively lower than many industry standards, it's a smart choice for cost-conscious traders.
Suited for users valuing interface and support The platform features a beginner-friendly design and offers responsive support via channels like email and Discord, simplifying your trading journey.

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.

Safetrade isn’t ideal if:

Regulatory safety is a must If you need the legal protection of a regulated exchange, SafeTrade’s lack of oversight may leave you exposed to unnecessary risk.
You prefer fiat trading options If entering via your local currency is important, SafeTrade’s predominantly crypto-only pairs can be limiting for newcomers.
You trade large volumes or need liquidity For high-volume trades or deep order books, SafeTrade’s thinner liquidity may result in unfavorable price slippage or delays.

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.

SafeTrade applies a flat trading fee of around 0.1 % for both maker and taker orders regardless of volume, with no tiered discounts or benefits tied to holding a native token like SAFE.

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.

SafeTrade does not offer futures or derivative contracts, so there are no associated maker/taker or funding costs to consider.

Average Spreads on Liquid Pairs

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

While SafeTrade uses direct crypto-to-crypto pairs, spread data isn’t formally published, and anecdotal experience shows reasonable execution on major pairs with moderate slippage for small to mid-sized trades due to lighter liquidity.

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.

SafeTrade does not support fiat deposits or withdrawals; you must deposit using cryptocurrencies only, so there are no fiat-based funding channels, fees, or timeframes to manage.

On-chain Withdrawals

Fixed vs Dynamic Network Fees

Withdrawal costs on SafeTrade follow variable blockchain network fees depending on the asset (e.g. BTC, ETH, TRX), so these on-chain charges are dynamic and not fixed by the platform itself.

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 are no hidden penalties; SafeTrade doesn’t charge for account inactivity, KYC speed upgrades, or fiat conversion—most extra costs are simply the blockchain fees for crypto withdrawals.

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.

If you deposit €500 worth of BTC via another platform and transfer it in, you’d pay SafeTrade’s ~0.1 % trading fee when buying BTC, incur standard spread/slippage in the BTC/USDT pair, and finally pay only the normal network withdrawal fee—no additional markup.

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.

SafeTrade lists approximately 44–50 cryptocurrencies across about 70–80 trading pairs, with the top 20 by volume typically featuring assets like QUBIC/USDT, QTC/USDT, BTC/USDT, ETH/BTC, and others—reflecting modest but focused coverage.

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 offers spot trading only, with no support for margin, perpetuals, options, ETFs, copy trading, or bots—though it does provide staking in a simplified form, earning users passive rewards on holdings.

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.

SafeTrade logs sub-1 million USD daily trading volume, led by a few pairs like QUBIC/USDT; its liquidity remains light, meaning deeper trades may face noticeable slippage due to limited order book depth.

Tools

BYDFi includes a comprehensive toolkit

You’ll find basic limit and market orders, with no margin, OCO, advanced charting, alerts, API/WebSocket, or native TradingView support—simplifying the interface at the cost of advanced functionality.

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.

There are no specific geographic restrictions disclosed per region, but given the absence of regulated derivatives and full licensing, complex products like futures likely remain unavailable regardless of your location.

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.

SafeTrade does not currently support launchpads, launchpools, or differentiated staking structures—staked assets earn simple rewards, with no flexible vs. locked variations or new token launch mechanisms.

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.

SafeTrade operates under a centralized corporate entity founded around 2018, officially headquartered in Saint Vincent and the Grenadines, with some references also linking it to Canada.

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.

The platform operates without licensing from major financial authorities and lacks formal VASP or MiCA regulation, meaning it is essentially unregulated by top-tier or regional crypto oversight frameworks.

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.

User assets are primarily held in cold storage with internal custody; there’s no public proof of reserves or third-party audit reports verifying holdings or cold-storage percentages.

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 is no mention of insurance coverage or dedicated protection funds to compensate users in case of loss, hack, or operational failure.

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.

There are no widely confirmed reports of large-scale hacks, platform suspensions, or regulatory penalties, though user complaints exist; however, no official incident disclosure or transparency report is available.

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.

SafeTrade supports standard two-factor authentication (2FA), and employs cold storage and encryption; there’s no indication of advanced measures such as withdrawal whitelists, anti-phishing tools, sub-accounts, or granular API permissions.

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).

The platform does not publish regular transparency reports, dedicate a public wallet explorer, or offer service-level agreements; overall visibility into operations and system integrity remains limited.

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.

SafeTrade does not currently offer fiat deposit options—no transfers, cards, or e-wallets are supported; you’ll need to deposit cryptocurrency instead, and specifics on deposit thresholds or timing are not outlined on platform.

Supported Fiat Currencies & Conversion

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.

SafeTrade requires KYC verification to activate trading, but details on tiered verification levels, or account limits tied to KYC status, are not clearly laid out—so expect a single-step process without published thresholds for trading limits.

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.

Withdrawals are processed on-chain with support for networks like BSC, Tron, and Ethereum—with BSC and Tron being faster and cheaper; exact daily limits or withdrawal lead times vary by asset and are not standardized publicly.

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.

They offer support through email, support tickets, Telegram, and occasionally live chat; there’s an FAQ and announcements hub, but response times vary according to user feedback—some praise responsiveness on Discord, while others report delays.

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 and customer communications are primarily in English, fees are displayed in crypto or US dollars, and there’s no strong indication of local regulatory alignment or multi-currency display beyond that.

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.

SafeTrade offers mobile-friendly access without native iOS or Android apps, and while the web interface is generally smooth and stable, there are user-reported occasional bugs and no public data on crash rates or recent update frequency to assess overall app reliability.

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.

SafeTrade delivers a clean and minimalistic interface with a very gentle learning curve—no Lite/Pro toggle, just a straightforward, uncluttered trading view that makes it feel welcoming for newcomers and efficient for casual users.

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.

Trading on SafeTrade generally sees fast order execution and prompt deposit/withdrawal processing, even during spikes; there are no widely reported system crashes or KYC bottlenecks, suggesting functional resilience under load.

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.

SafeTrade doesn’t currently offer a dedicated academy, demo environment, or Spanish-language educational materials; its support comes through FAQs and announcements rather than structured learning or simulation tools.

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.

SafeTrade fosters an active community presence via its official Discord channel and supports an affiliate referral program, allowing users to engage directly and participate in platform discussions or growth initiatives.

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.

Integration options are minimal—SafeTrade does not embed TradingView charts or support third-party bots or tax/accounting tools; its ecosystem remains lightweight and self-contained.

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.

SafeTrade is well-suited for a casual or beginner trader seeking a clean, no-frills interface for spot trading of familiar cryptocurrencies—less ideal for professionals, power users, or those needing advanced tools or rich educational resources.