In trading, every percentage point matters. Even small fee differences can affect the overall profitability of a portfolio. Many beginners focus only on price movements and ignore trading fees until they notice a dent in their returns.
The smartest approach is to understand the fee structure of the platform from day one. BYDFi offers competitive rates, but knowing exactly how each type of trade is charged helps traders plan efficiently. This guide breaks down trading fees in detail and explains how to use them to your advantage.
What is BYDFi?
Founded in 2020, It is a trading platform that offers services such as spot and futures trading. Thanks to its transparent fees, traders can better organize their trades.
Spot Trading Fees on BYDFi
Maker and Taker Orders
It comes with a very clear and understandable fee system for the spot trading platform:
- Maker orders: They add new offers to the market
- Taker orders: They take the available offers from the market
Both orders have a 0.10% fee.
Fee Example
Here’s an example that shows fees in action:
- If BTC is 40,000 USDT and 0.5 BTC is bought, the fee will be 20 USDT.
- The charge is similar for both maker and taker orders. It enables traders to easily select the most appropriate order type for their trading strategy.
Convert (Crypto-to-Crypto) Fees
On BYDFi, convert trades let you swap one cryptocurrency for another quickly. The fee for this service is between 0.10% and 0.15%, which is included in the exchange rate you see. This is a straightforward method that is easy and fast, especially for small trades.
This method, though, may cost a bit more compared to a regular spot order you would place yourself. This feature is a better choice when you need to trade quickly and don’t mind paying a slightly higher fee.
Perpetual Contracts on BYDFi
Fees
There are two fee rates for perpetual contracts on this platform:
- Maker: 0.02%
- Taker: 0.06%
Maker fees are lower to reward traders who add liquidity.
Fee Examples
For a position of 10,000 USDT:
- Maker fee: 2 USDT to open and 2 USDT to close.
- Taker fee: 6 USDT to open and 6 USDT to close.
When using leverage, these fees are important to consider. Traders need to be aware of them when planning their positions.
Leveraged Tokens Fees
Leveraged tokens allow traders to get more market exposure even if they don’t handle margin trading by themselves.
Fees:
- Trading fee: 0.20% in USDT on both the buying and selling side
- Daily management fee: 0.03% of token value, charged every day
These tokens remove liquidation risk. However, the fact that fees are paid every day may lead to a reduction in value. They are mainly effective with short-term trading techniques. For further official details, visit trading fees on BYDFi and review the platform’s full breakdown before starting.
Trading Bots and Fees
Grid Trading
Fee: 0.10% per trade, the same as usual in spot trading.
Martingale Bot
- Market orders: Taker fees apply
- Limit orders: Follow spot maker/taker rates
Spot Investment Plans
Fee: 0.10% when acquiring assets.
Bots tend to trade frequently. Accruing small fees over time can lead to substantial losses. By checking the strategies, the feasibility both with and without fees should be examined.
Deposit and Withdrawal Fees
Deposits
Sending cryptocurrency is free of charge. A majority of large digital currencies and networks, i.e., BTC, ETH, and Binance Smart Chain, are covered by this, but some exceptions may apply.
Withdrawals
A withdrawal fee depends on the asset and network, not on the asset’s value.
Examples:
- BTC (Bitcoin network): Around 0.003 BTC
- USDT (ERC-20): Around 5 USDT
Lower network transaction fees will apply for certain options. For example, TRC-20 USDT often has lower withdrawal fees. Always choose the most cost-effective network and check the withdrawal fee before processing.
Fee Discounts and VIP Programs
- Reach VIP Levels: Lower Fees as Volume Grows
– 30-day trading volume (USD) determines your VIP tier.
– Maker & Taker fees drop progressively: from Tier 0 (standard) to Tier 9 (ultra-low).
– Extra perks: higher withdrawal limits, priority customer service, and exclusive events.
- Maniac Calendar Event: Rebate on Every Contract Trade
– Applies to all perpetual-futures pairs.
– Instant cashback in USDT after each trade closes.
– Daily settlement; no cap on rebate amount.
– Runs alongside existing VIP discounts.
- Earn BYD Bonus: Fee Discount + Margin Power
– BYD is BYDFi’s native utility token.
– Use BYD to pay trading fees at up to 50 % discount.
– BYD can also be transferred to your derivatives wallet and used as margin for perpetual contracts.
– Stake BYD to unlock higher VIP tiers and extra rebates.
Fee Summary Table
| Trading Type | Maker Fee | Taker Fee | Extra Notes |
| Spot Trading | 0.10% | 0.10% | Simple flat structure |
| Convert Trading | — | 0.10–0.15% | The fee is included in the rate |
| Perpetual Contracts | 0.02% | 0.06% | Applies to open and close |
| Leveraged Tokens | — | 0.20% | +0.03% daily management fee |
| Grid/Investment Bots | 0.10% | 0.10% | Varies with bot type |
| Deposits (crypto) | — | — | Free for most assets |
| Withdrawals | — | Variable | Based on the asset and network |
Strategies to Minimize Fees
- Trade planning: Avoid quick, unnecessary swaps that lead to higher fees.
- Utilize maker orders in derivatives: This will result in a lower rate.
- Stake BYD tokens: Especially beneficial for those who trade regularly.
- Use the lowest-cost withdrawal network: Save on transfer costs to increase profits.
- Monitor bot activity: Ensure profits outweigh the total fees paid.
Conclusion
Trading fees remain constant for any trade. BYDFi has very transparent terms: 0.10% for spot trades, low derivative fees, and opportunities for discounts. Understanding these charges helps traders make informed decisions while keeping their profits higher.
