BYDFi Partners Ledger for Limited Edition Secure Wallet

Generated by AI AgentCoin World
Thursday, Jun 5, 2025 9:47 am ET2min read

BYDFi, a global crypto exchange, has partnered with Ledger to release a limited edition of the Ledger Nano X hardware wallet, with only 500 units available worldwide. This collaboration was unveiled at the TOKEN2049 conference in Dubai, where attendees had the opportunity to claim these devices through exclusive interactions at the BYDFi booth. The wallet is designed with high-net-worth and security-conscious investors in mind, featuring a

EAL5+ certified secure element chip, support for over 15,000 cryptocurrencies and NFTs, Bluetooth-enabled mobile-first usage, and robust security measures including a PIN and 24-word recovery phrase protection.

The partnership between BYDFi and Ledger signifies a strategic shift for BYDFi, moving from a centralized trading platform to a strong advocate for user-controlled asset security. The Ledger Nano X ensures that private keys never touch the internet, minimizing exposure to phishing attacks, exchange breaches, and other vulnerabilities associated with custodial platforms. This aligns with the emerging Web3 ethos of "Not your keys, not your crypto." Michael, co-founder of BYDFi, emphasized the importance of self-custody, stating that the wallet is designed for those who demand institutional-grade protection with mobility. This message is particularly relevant following multiple centralized exchange failures where users lost access to their assets due to platform mismanagement or insolvency.

Following the TOKEN2049 debut, BYDFi and Ledger launched a global campaign to distribute the remaining limited edition wallets. The campaign targets Web3 content creators and crypto KOLs who want to promote secure asset management. Creators are required to post on X (Twitter) with the hashtag #BYDFixLedger, share their opinions or insights about the collaboration, and submit a short application form via BYDFi’s official site. Selected applicants will receive the wallet and enjoy access to special perks. This initiative aims to empower influential voices in the cryptocurrency world to advocate for self-custody, which is foundational for long-term personal sovereignty.

In addition to the Ledger collaboration, BYDFi is expanding its infrastructure with the introduction of MoonX, its new on-chain trading infrastructure. MoonX operates under a "CEX + DEX" hybrid model, combining the speed of centralized exchanges with the transparency of decentralized exchanges. This move signals BYDFi's investment in supporting both decentralized and centralized methods of doing business, offering users more options and greater control. BYDFi, established in 2020, has rapidly expanded, garnering MSB licenses from numerous jurisdictions and serving users in over 190 countries. The site supports spot, perpetual, and on-chain trading of over 600 cryptocurrencies and functions as a payment gateway. Recent recognition from Forbes as one of the top 10 global exchanges and its membership in the CODE VASP Alliance of South Korea further underscore its growing influence and readiness for the future.

The crypto world is entering a new phase, focusing on fundamentals such as security, transparency, and ownership. BYDFi’s campaign with Ledger directly supports this shift. The BYDFi x Ledger Nano X, with its mobile-first cold storage, seamless cross-platform compatibility, and open integration with Ledger Live, is more than a limited-edition collectible—it’s a tool designed for the modern crypto holder. This initiative not only reinforces the importance of self-custody but also sets a new standard for how digital assets can be securely stored and managed in the future.