BYDFi, Ledger Launch Co-Branded Wallet at TOKEN2049

BYDFi, a prominent global cryptocurrency exchange, has announced a strategic partnership with Ledger, a leading provider of hardware wallets, to introduce a limited edition co-branded Ledger Nano X. This collaboration was unveiled at the TOKEN2049 event in Dubai, where attendees had the opportunity to receive these exclusive wallets through interactive activities on-site.

The special edition wallet combines the advanced security features of the original Ledger Nano X with custom design elements from BYDFi, including unique visual branding and personalized packaging. This collaboration underscores both companies' commitment to user asset protection and innovation in the Web3 space. The wallet is equipped with a secure element chip, supports the offline storage of various digital assets, and provides robust defense against common cyber threats, offering users an enhanced level of self-custody.

The launch event at TOKEN2049 attracted a significant number of attendees to the BYDFi booth, where many successfully obtained the limited edition wallet by participating in live interactions. The Ledger x BYDFi wallet empowers users with full control over their private keys and assets, reducing dependence on centralized platforms and enhancing personal asset sovereignty.

Michael, Co-founder of BYDFi, highlighted the significance of this collaboration, stating, “TOKEN2049 coincides with BYDFi’s fifth anniversary, making this a milestone moment for us. This collaboration with Ledger reflects our continued commitment to asset security. The limited edition wallet is designed especially for high-net-worth individuals who demand institutional-grade protection for their digital assets.”

In addition to the co-branded wallet, BYDFi showcased its on-chain trading solution, MoonX, at the event. MoonX is a flagship product of BYDFi’s “CEX + DEX” dual-engine strategy, which integrates the transparency of on-chain execution with the high-speed performance of centralized systems. This solution aims to deliver an ultra-smooth, seamless trading experience tailored to the growing demands of DeFi users.

The introduction of MoonX not only expands BYDFi’s trading ecosystem but also promotes greater diversity in trading methods, empowering users with more choices and flexibility. Looking ahead, BYDFi plans to strengthen its collaborations with global partners and infrastructure providers, accelerating the deployment of innovative products and further solidifying its global service capabilities.

The Ledger Nano X, a hardware wallet certified by independent security labs, features a tamper-proof secure element chip that safely stores users’ private keys. Any unauthorized access attempts trigger a self-destruct mechanism, ensuring maximum protection. Additional features include PIN protection, a 24-word recovery phrase, encrypted Bluetooth connectivity, and hidden wallets accessible via separate PINs, providing comprehensive security for crypto asset holders.