How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase USDD on BYDFi. We'll guide you through it
Choose how to purchase USDD on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (USDD). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store USDD in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your USDD to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy USDD on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive USDD
Trade
Answers
Is USDD (USDD) a Good Investment?
Some unique features that make the USDD project a good investment are its transparency and reliability through smart contracts on TRON, enabling fast and secure transactions.
The stable price peg to the US Dollar is an advantage for investors seeking stability in the volatile cryptocurrency world. Furthermore, USDD offers staking opportunities and is backed by a range of liquid cryptocurrencies, leading to increased security and stability.
What factors could positively influence the price forecast of USDD?
Factors that could positively influence the price forecast of USDD include its strong peg to the US Dollar, and its over-collateralization leads to additional security.
Using smart contracts for issuance and redemption ensures transparency and trust in the system. The active involvement of the community in the management and development of USDD could also contribute to the strengthening of the project.
How to Use USDD Coin
The use of USDD, a stablecoin on the TRON blockchain, is versatile and offers many opportunities that tap into the benefits of blockchain technology.
Means of Payment
Like traditional currencies, USDD can be used to purchase goods and services. Since it is a cryptocurrency, transactions get carried out quickly, securely, and transparently, with all transactions recorded on the blockchain.
Popular Trading Instrument
Whether on centralized or decentralized exchanges (CEXs or DEXs), you can trade USDD against other cryptocurrencies. Due to its peg to the US dollar, USDD provides a more stable option than many other cryptocurrencies that can be subject to significant price fluctuations.
Stake USDD to Earn Passive Income
Staking USDD lets users freeze or hold their cryptocurrency in a dedicated staking pool such as BYDFi Earn to receive rewards. On the TRON platform, smart contracts allow users to participate in staking pools, providing another opportunity to generate income from their USDD holdings.
Store of Value
USDD can be a safe haven during economic uncertainty or high volatility, like gold or other precious metals in the traditional financial world. Since the value of USDD is pegged to the US dollar, it offers a more stable option than many other cryptocurrencies.
What Are USDD Tokenomics?
Can You Stake USDD Token?
To stake USDD, you can participate in staking pools based on smart contracts on the TRON platform. These allow for fast, secure participation and transparent, verifiable USDD issuance and redemption records.
Who Are USDD Stablecoins Partners?
The partners of USDD are the various cryptocurrencies that serve as collateral, including Bitcoin, Ethereum, and TRON. Additionally, the main administrator of USDD is the TRON DAO Reserve (TDR), which is responsible for maintaining the currency's value and ensuring a stable exchange rate.
