How to Withdraw and make a Deposit in BYDFi

How to Withdraw and make a Deposit in BYDFi


How to Withdraw at BYDFi


How to Withdraw Cryptos [PC]

Step 1: Visit BYDFi

  1. Click Assets on the top right-hand corner of your page

  2. Select Withdraw

How to Withdraw and make a Deposit in BYDFi

Step 2:

  1. Coin: Select the coin you want to withdraw; if available please select Chain Name.

  2. Manage Address: If you already add your withdraw address you can directly type the label of your address on the box. If you havent added your deposit address, please click the "Manage Address" and you will be direct to this page.

  3. Select Chain Name; BYDFi supports three networks to deposit digital assets: TRC20, BSC, ERC20

  4. Amount: Check the availability of coins you have and enter the amount correctly.
    Note: please also left some amount for the fee.

  5. Click Withdraw

How to Withdraw and make a Deposit in BYDFi


Step 3: PIN: Enter your PIN; if you havent set it, please set it first

Step 4: After finished, please click "Confirm"

Note:
  1. The daily withdrawal limit will vary depending on the selected coins and whether KYC has been completed.

  2. The withdrawal service hours are 9:00-21:00 Singapore time.

How to Withdraw Cryptos [APP]

Step 1: Open BYDFi iOS App or BYDFi Android App on your phone and Login to your BYDFi Account.

Step 2: Click Assets

How to Withdraw and make a Deposit in BYDFi

Step 3:
  1. Choose The Spot Tab

  2. Select Withdraw

How to Withdraw and make a Deposit in BYDFi

Step 4:

  1. Coin: Select the coin you want to withdraw; if available please select Chain Name.

  2. Select Chain Name; BYDFi supports three networks to deposit digital assets: TRC20, BSC, ERC20

  3. Manage Address: If you already add your withdraw address you can directly type the label of your address on the box. If you havent added your deposit address, please click the "Manage Address" and you will be direct to this page.

  4. Amount: Check the availability of coins you have and enter the amount correctly.
    Note: please also left some amount for the fee.

  5. Click Confirm

How to Withdraw and make a Deposit in BYDFi

Step 5: PIN: Enter your PIN; if you havent set it, please set it first

Step 6: After finished, please click "Confirm"

Note:

  1. The daily withdrawal limit will vary depending on the selected coins and whether KYC has been completed.

  2. The withdrawal service hours are 9:00-21:00 Singapore time.


Frequently Asked Questions (FAQ)


How long does it take to complete Withdrawal

  • USDT ERC20:Based on the Ethereum network, same time as the Ethereum Token transfer, it usually takes 10-20 minutes to be credited.

  • USDT TRC20:Based on the TRON network, same time with the TRON Token transfer, Normally it takes 5 minutes to be credited.


What are the Withdrawal fees on BYDFi?

BYDFi transaction fee per withdrawal:

BSC-1USDT
ERC20-10USDT
TRC20-1USDT
 

How to Deposit at BYDFi


How to Deposit Cryptos

[PC]

Step 1: Visit BYDFi

  1. Click Assets on the top right-hand corner of your page

  2. Select Deposit

How to Withdraw and make a Deposit in BYDFi
Step 2:

  1. Select the desired coin on the "Coin" option

  2. Select Chain Type; BYDFi supports three networks to deposit digital assets: TRC20, BSC, ERC20

  3. Click [Copy] icon to copy the deposit address and paste it into the withdrawal address field on the external platform or wallet. You can also scan the QR Code to deposit.

How to Withdraw and make a Deposit in BYDFi
Note:

1. Each coin has its own deposit address, so please read deposit tips carefully.

2. The coins supported by BYDFi for deposit are: USDT(USDT-Erc20, USDT-Trc20, BSC), BTC, ETH, XRP, TRX, EOS, DOGE, LINK, CRV.

3. Please strictly follow the displayed coins address to deposit, otherwise, the deposit assets may be lost.

4. Cryptocurrency deposit requires network node confirmation. Different currencies require different confirmation times. The confirmation time is generally 10 minutes to 60 minutes, Details are as follows:
BTC ETH TRX XRP EOS USDT-Erc20 USD-Trc20
1 12 1 1 1 12 1

5. The deposit address may be changed. Please confirm the deposit address on the deposit page beforehand.


[APP]

Step 1: Open BYDFi iOS App or BYDFi Android App on your phone and Login to your BYDFi Account.

Step 2: Click Assets

How to Withdraw and make a Deposit in BYDFi

Step 3:
  1. Choose The Spot Tab

  2. Select Deposit

How to Withdraw and make a Deposit in BYDFi
Step 4:
  1. Select the desired coin on the "Coin" option

  2. Select Chain Name; BYDFi supports three networks to deposit digital assets: TRC20, BSC, ERC20


How to Withdraw and make a Deposit in BYDFi
Step 5:
Click [Copy] icon to copy the deposit address and paste it into the withdrawal address field on the external platform or wallet. You can also scan the QR Code to deposit.
How to Withdraw and make a Deposit in BYDFi

Note:

1. Each coin has its own deposit address, so please read deposit tips carefully.

2. The coins supported by BYDFi for deposit are: USDT(USDT-Erc20, USDT-Trc20, BSC), BTC, ETH, XRP, TRX, EOS, DOGE, LINK, CRV.

3. Please strictly follow the displayed coins address to deposit, otherwise, the deposit assets may be lost.

4. Cryptocurrency deposit requires network node confirmation. Different currencies require different confirmation times. The confirmation time is generally 10 minutes to 60 minutes, Details are as follows:
BTC ETH TRX XRP EOS USDT-Erc20 USD-Trc20
1 12 1 1 1 12 1

5. The deposit address may be changed. Please confirm the deposit address on the deposit page beforehand.
​​​​​

How to Buy Cryptos via Fiat Gateway?

Before we learn more about using Fiat Gateway, please note that BYDFi does not handle fiat deposits directly, and this service is wholly handled by third-party payment providers.

Please click "Buy Crypto" on the left side of the navigation bar to enter the page.
How to Withdraw and make a Deposit in BYDFi
How to Withdraw and make a Deposit in BYDFi
Step 1:

Select the fiat currency you want to pay. Click on “USD” and the drop-down menu will appear.
Currently, the fiat currencies BYDFi supported include: ARS, AUD, BOB, BRL, BYN, CAD, CHF, CLP, COP, CRC, CZK, DKK, DOP, DZD, EUR, GBP, HKD, IDR, ILS, INR, JPY, KRW, LAK, MXN, MYR, NOK, NPR, NZD, PEN, PHP, PLN, PYG, RUB, SEK, SGD, THB, TRY, TZS, USD, VND, ZAR.

You can check the purchase limit for each currency in the input box. Taking USD as an example, the minimum purchase amount is $15 and the maximum purchase amount is $15,000.
How to Withdraw and make a Deposit in BYDFi
Step 2:
Select the cryptocurrency you would like to receive in your BYDFi wallet address. Currently, BTC/ETH/USDT/USDC/BUSD/XRP/DOGE/LINK are supported.
How to Withdraw and make a Deposit in BYDFi
Step 3:
Enter the amount. You can enter the deposit amount based on fiat currency amount (e.g. $1,000) or cryptocurrency amount (eg. 0.1 BTC) according to your needs.
How to Withdraw and make a Deposit in BYDFi
How to Withdraw and make a Deposit in BYDFi
In addition, you can check the reference price at the bottom left.

Step 4:
Select from the list of service providers.
According to the fiat currency and cryptocurrency selected by the user, the supplier that provides the corresponding service is displayed in the list.

We can obtain the following information from the service providers list:

a) Name of the service provider

b) Reference quotation and purchase limit

c) Estimated amount of cryptocurrency

d) Estimated transfer time and “Buy Now” button
How to Withdraw and make a Deposit in BYDFi
Note:

The real-time quotation is for reference only. Please refer to the service provider’s website for the exact exchange rate. The real-time quotation in the upper right corner will be refreshed every 20 seconds. You can also click "Refresh" to get the latest quotation.



Step 5:
Click the “Buy Now” button. You will be redirected to the third-party payment provider’s official webpage.
How to Withdraw and make a Deposit in BYDFi
Note:

If you are a first-time user, you need to create an account, and then complete KYC verification first.

After successfully depositing fiat currency into BYDFi, you can click "History" to view historical transaction records.
How to Withdraw and make a Deposit in BYDFi
How to Withdraw and make a Deposit in BYDFi

Frequently Asked Questions (FAQ)

How long does it take to complete deposit

Deposit through OTC is real-time. Deposit through external wallets depends on congestions in the blockchain network.
There are three steps for blockchain asset transfers: Initiate - Block Confirmation - Credit

  1. Initiate: The withdrawal platform or wallet has already performed a transfer.
  2. Block Confirmation: Complete the block confirmation. If there are congestions and delays in the blockchain network, may cause the digital assets not be fully confirmed.
  3. Credit: After full confirmation, BYDFi will credit to your account as soon as possible.


What are the deposit fees on BYDFi?

There will be no fees for deposit USDT-Bsc, USDT-Erc20, USDT-Trc20, BTC, ETH, TRX, XRP, EOS, DOGE.

BYDFi fiat currency deposit is free of charge.

Tips: Third-party payment accounts are updated from time to time, and the latest payment information must be obtained before deposit.


How to do internal transfer?

Select [Internal Transfer] from the [Assets].
How to Withdraw and make a Deposit in BYDFi
Follow the instructions to transfer assets from your account to other BYDFi users without fees by filling in the username, receiving account, coin, the amount of funds to be transferred, the password, and the email verification code.

  • BYDFi internal transfers are free of charge.
  • The single transfer limit varies by currency.
  • Please make sure to confirm your user information when transferring funds.
  • If you encounter any problems during transferring funds, please contact our online customer service.


Which service providers provide Fiat deposit services on BYDFi?

Currently, our Fiat Gateway partners include Banxa, XanPool, Transak, Ramp.


Is there a minimum/maximum fiat amount that can be deposited?

Yes. The purchase limit will be indicated in the amount input box.


What kind of payment methods are accepted?

Electronic fund transfers, Visa/Mastercard credit, debit cards and cash deposits (limited to certain areas).  
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