BYDFi Celebrates Six Years with New Onchain Prediction Feature

BYDFi is marking six years of operation with a month-long campaign that has seen over 21,000 participants unlock more than $560,000 in rewards. As part of the celebrations, the cryptocurrency exchange has launched Onchain Prediction, a new feature allowing users to participate in event-based markets.

The platform's user base has grown significantly since its inception in 2020, with BYDFi now serving over 1 million users across 190+ countries and regions. The exchange has also expanded its services to include spot trading, perpetual contracts, copy trading, automated trading bots, TradFi trading, BYDFi Card, and integrated onchain trading.

Onchain Prediction allows users to participate in event-based markets by selecting outcomes such as Yes or No across various topics, including crypto price movements, market trends, sports, macro themes, and other global events. Users can review market data and odds, place predictions, manage positions while markets remain open, and buy or sell outcome shares before settlement.