BYDFi Crypto Exchange And Coinify Offer Exclusive Zero Transaction Fees
BFDFi – Coinify Partnership
Every now and then we hear about some crypto exchange partnering with some payment processor including.
One such recent crypto exchange to join hands with a credit card facility provider is BYDFi crypto Exchange. The payment service provider that will team up with BYDFi is Coinify.
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This partnership will definitely facilitate all the crypto investors out there. It is a big step forward for both the BYDFi crypto Exchange and Coinify.
It will ease the process of payment for cryptocurrency and enable its investors and buyers to purchase the currency without any hassle.
What this partnership in essence means is that people can now purchase crypto on BYDFi using their credit cards.
What is the Partnership Offering?
The partnership is a significant achievement for the crypto exchange, BYDFi since it will allow more crypto-users to purchase from it.
In order to kickstart the alliance on a positive note the payment service provider, Coinify is giving BYDFi’s users an amazing offer.
As part of its promotional strategy, Coinify is offering BYDFi’s users to make transactions on the former’s platform without paying the transaction fee.
Coinify usually charges a 3% fee for credit card transactions, however, it won’t charge BYDFi user this fee in the first week.
This is a promotion tactic that will attract more users and investors to use the platform and the exchange.
It will allow the crypto exchange to increase its usability in the market thereby encouraging an increase in trading value and volume.
This new alliance will distinguish BFDFi from its competitors in the business while making it more successful.
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About Coinify
Coinify has a good reputation in the market since as a payment provider it is secure, regulated, and compliant.
The payment provider has a variety of options from which the users can choose the payment method that is most suitable for them.
The payment methods that the provider is offering include bank transfers, credit and debit cards facility, apple pay, Sofort, Bancontact, and iDEAL.
Apple users don’t need to worry as they can use their devices to make payments for any cryptocurrency that they want to purchase.
People of Belgium use this finance facility Bancontact and Coinify is offering this method of payment.
This will help BYDFi to create a crypto market for itself in Belgium as Bancontact payments are accepted by Coinify.
Sofort and iDEAL are online payment methods that are used in Europe and Netherlands, respectively.
How are the BYCFi and Coinify Alliance Beneficial?
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Coinify is basically a platform for virtual currency that is readily used in Asia, Europe, and some other known regions.
They believe in financial innovation and therefore aid individuals and businesses to achieve this aim.
On the other hand, BYDFi is an exchange or trading platform for crypto investors around the world. BYDFi offers its customers a range of trading facilities to choose from.
Some of these trading options are Contracts for Differences, Grid trading, USDT perpetual contracts, and Spot.
BYDFi’s brand manager is excited about the exchange’s partnership with the payment provider.
He also commented on how more users will be attracted due to the promotional offer that Coinify is giving in the first week.
Development of BYDFI
With Coinify users can invest in their cryptocurrency with ease which means increased usage of BYDFi platform.
The more the platform will be used, the more revenue it will generate, thereby increasing its profit margins.
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It also means a better trading experience for users of the platform since through Coinify they’ll have a variety of payment methods.
BYDFi’s Competitive Edge
What lies ahead of this partnership is yet to be seen but it will surely prove to be beneficial. For BYDFi it is a win-win situation as it will get the global recognition that it deserves.
It will additionally increase the competitive advantage of the exchange in the international market.
The partnership will help the company outperform its crypto exchange competitors in the crypto market.
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