BYDFi Sponsors TOKEN2049, Debuts MoonX in Middle East

BYDFi, a prominent global crypto exchange, has officially announced its sponsorship of the TOKEN2049 conference in Dubai. This event, scheduled from April 30 to May 1, is anticipated to draw over 15,000 attendees, including 500 industry leaders and more than 300 media outlets. BYDFi will be prominently featured at Booth 45, showcasing its latest products and technological advancements, including the debut of its on-chain trading tool, MoonX, in the Middle East.

MoonX, which made its first international appearance at Paris Blockchain Week, is a significant component of BYDFi’s strategic expansion into the Middle Eastern and broader international markets. This tool supports over 500,000 MemeCoins and emerging high-potential tokens across major blockchains such as Solana and BNB Chain. It offers features like smart filtering and smart money copy trading, providing users with a comprehensive on-chain trading experience.

BYDFi’s sponsorship of TOKEN2049 is part of its 5th anniversary celebrations, during which the platform is implementing a dual-engine architecture. This strategy combines the efficiency and depth of centralized exchanges (CEX) with the benefits of decentralized finance (DeFi) through MoonX. Michael, co-founder of BYDFi, highlighted the evolving nature of user trading behavior, noting that while some users prefer the liquidity and efficiency of CEX platforms, others are migrating to DEX for more control over their assets and the potential for on-chain gains.

Michael further emphasized that leading platforms of the future will integrate centralized trading performance with decentralized ecosystem connectivity. MoonX is a key step in BYDFi’s strategic upgrade, representing the platform’s investment in the next phase of market structure. This dual-engine approach is designed to cater to the diverse needs of users, ensuring that BYDFi remains at the forefront of the crypto industry.

To celebrate its 5th anniversary, BYDFi is launching the “Crypto Adventure Journey,” an interactive experience that includes both online and offline activities. This initiative aims to engage users and showcase the platform’s innovative features and services, further solidifying its position as a leader in the global crypto market.