BYDFi Exchange And MoonX: How to Buy Memecoin

Last updated on December 21st, 2025 at 08:00 am

OK, I know what you’re thinking trading memecoins is a crazy and risky endeavor. But when I found BYDFi’s MoonX in April 2025, something just clicked. Here’s what I discovered: a means to explore memecoins without the standard gas fee headache or being utterly rekt on day one.

What is BYDFi Exchange?

BYDFi (formerly BitYard) is relatively new, having launched in 2020, however it’s not one of those dormant exchanges that lives up to its old school reputation. It lists more than 700 crypto assets for spot and derivatives trading.

The platform will give you up to 200× leverage on perpetuals if you’re feeling spicy, but wait, there’s more: you can also practice with a demo account filled with 50,000 virtual USDT before you begin to play for real keeps.

The vibe? It’s created for traders who want control without the bloat of larger exchanges, such as Binance. On top of that, spot trading fees are 0.10%, which is not bad, and the fiat on-ramp with partners such as Transak and BANXA means you can actually deposit USD or EUR without too much hassle.

MoonX: The New Memecoin Game-Changer

Here’s where things get interesting. MoonX went live in April 2025 as BYDFi’s on-ramp to on-chain memecoin trading. We are calling this 500,000+ memecoin pairs accessible directly from the platform essentially a bridge between the ease of use of a centralized exchange and the wild west of decentralized markets.

The catch? No gas fees during promotion periods. Seriously. No hidden fees that are going to gnaw away at your ultimate gains/at your net losses. That’s a tremendously big deal if you’re just trying out new tokens and don’t want to unload 30% of your trade into network fees.

MoonX is more than just a bolted-on feature, too it’s integrated straight into BYDFi’s interface. You aren’t hopping between three apps. A single profile, one dashboard, your memecoins.

Getting Started: The Practical Steps

Step 1: Create Your Account

“Go to the official website of BYDFi and register. Here’s the beauty you don’t need to do KYC immediately. With this feature, you are able to trade and withdraw as much as 1.5 BTC per day. Sure, the higher withdrawal limits and some fiat options will have to be checked out, but just starting out? You’ve got breathing room.

Enable two-factor authentication immediately. This is no longer a choice if you really like to have coins.

Step 2: Deposit Without Losing Your Mind

Deposit crypto directly if you’ve already got some. Or fiat via Transak or Mercuryo. Toss in what you can afford to lose remember, memecoins are volatile.

Here’s what I recommend: drop incrementally less money at first. Get to know the platform before you start shuffling very much money around.

Step 3: Take advantage of the Demo account first.

This is from where most people hop, but don’t. BYDFi provides you with 50,000 USDT in play money to practice. Use it. Seriously. Test your strategy here you have a week to do it. Learn the consequences of trading memecoins without the real money terror. It’s like a flight simulator before you’re in the actual plane.

How to Buy and sell Memecoins on MoonX: Everything you need to know!

Start Small and Stupid Simple

When you’re ready for real money, deposit something small $100 will suffice. Visit MoonX from the product menu within BYDFi and choose between trending memecoins. Don’t FOMO into the first shiny token you see. Find the ones that have a little liquidity and have volume (check if your desired order size can actually move without some crazy slippage).

Ride the Zero-Fee Window

That is when you try stuff out, during the MoonX promotional periods when there are no gas fees. Small trades typically get killed by gas fees, and without them? You can experiment with positions at $50 and actually keep most of it if you sell. Take advantage.

Use Grid Bots for Automation

Here’s a tactic I think is kind of cool: BYDFi’s grid bots allow you to automate buying and selling within a set price range. Install it on a memecoin and it will buy when the price slips, and sell when it bounces. You’re not sitting there manically refreshing charts.

Copy Low-Risk Traders

If coding your strategy sounds too technical, you can also mimic the strategies of other traders with BYDFi’s copy trading feature. Begin with individuals who have consistently performed over time not the person who got lucky once on a 50× leverage trade.

Real Talk: The Challenges

BYDFi’s liquidity is c.$88M per day solid mid-tier but nowhere near Binance. Larger trades can have higher spreads. In the beginning, small positions only. Irrelevant. But know it’s there.

Also, memecoins are chaotic. You can wipe out an entire position swiftly. If the token rug-pulls or crashes 80% overnight, the zero fees are meaningless. This isn’t “get rich quick” it’s learn by doing!

The Bottom Line

BYDFi Exchange combined with MoonX offers beginners something that’s tough to come by: a real, straightforward way to dabble in memecoin trading without obliterating your portfolio through gas fees and janky interfaces. The demo account is your bicycle with training wheels.

Use it. Start small with real money. Leave the schlepping to the grid bots. And please, do not trade in other peoples’ money until you have seen what can happen when trades go the wrong way.

This isn’t financial advice only what I discovered when I actually tried it. Source: Crunch

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