We all know what cryptocurrency is? The world is running towards digitalization and the financial exchanges are running with digital currencies mainly cryptocurrencies. There are many types of cryptocurrencies in the market like Bitcoin, Ethereum, Solana, USDC, Dogecoin, Cardano, Shiba Inu, BNB etc. Crypto trading has become one of the major things in the financial industry. Many platforms have evolved online which supports crypto trading.
On chain tools have been introduced to know the crypto trends and updates for traders and investors. Crypto values will be continuously changes day by day. In our article let us discuss the Meme-Coin Pumps.
What Is a Meme Coin?
A memecoin is a type of cryptocurrency which originated based on the internet meme characteristics. They are named after fun and humorous topics. Some of the most popular meme coins are Shiba Inu, Dogecoin and pepe. Meme coins are generally considered as risky for their continuous pumps and dumps. Although meme coins are risky in nature, they have gained attention from many traders and investors due to their possibility of high returns. To engage and involve meme coin trading and investment you need a proper research and analysis which can be provided by the online crypto trading platforms like BYDFi MoonX.
What Are On Chain Tools?
On chain Tools will help the crypto traders and investors in taking the right decisions. In the on chain analysis tools we can find the complete data about the cryptocurrencies on which we are investing. They will offer us the complete chart, data and metrics. These on-chain tools like BYDFi MoonX will use Machine Learning and Artificial Intelligence to extract the data and transform them into readable Information.
What Is BYDFi?
BYDFI means “BUILD Your Dream Finance”. It is a crypto trading platform which offers its crypto trading solutions to beginners and professionals. This crypto trading platform was officially founded in the year of 2020 and in 2023 it is renamed as BYDFi. This platform has more than 1 million users across the globe.
Features Of BYDFi
Below are some of the unique features of BYDFi platform
900+ Cryptocurrencies: This platform has more than 900 cryptocurrencies available for trading and investing. Cryptos like Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), , and Shiba Inu (SHIB) are among them. You can find various types of cryptocurrencies on this BYDFi platform which we cannot find on the other crypto trading platforms.
Spot Trading: on BDYFi we can do spot trading. We can buy or sell anything on spot with the help of this. This includes USDT-M and Coin-M perpetual futures and we can get 200x leverage. With spot trading we can get higher returns, convenience and greater flexibility.
Copy Trading: On BYDFi we can set our threshold to as low as $10 and we can do trading with it. This will really help the small investors and beginners. It also supports Multi-Asset Contract Trading Support with Transparent Fee Structure and Comprehensive Trading Tools.
Demo Trading: This feature is one of the most important and prominent ones. Every BFDYi user can get 50k USDT to practice. This helps without risking real funds. We can practice trading with the help of these mock funds and gain experience. After we get some knowledge, we can trade with real money.
Welcome Rewards: We also get some welcome rewards on this platform. If you refer your friends then you will get a referral bonus.
How MoonX Helps To Predict The Meme-Coin Pumps?
MoonX is a Web3 on-chain MemeCoin trading tool which is launched by BYDFi crypto trading platform. It is specially designed and introduced for Degen traders. It will provide all the data and information charts about the MEME coin pumps with clear cut analysis with its unique features. Below are some of its best features.
Features Of MoonX
1. Moonx will do MemeCoin Market Coverage with Over 500,000 Trading Pairs.
- Rapid Listing Mechanism
- Real-Time Data Monitoring
- Ultra-Smooth Trading Experience
2.Offers Professional Trading Tools: it offers below mentioned trading tools
- One-Click Buy/Sell
- Limit & Market Orders
- Sell Half on a Double
- Take-Profit & Stop-Loss
3. Copy Trading and Smart Money Tracking
4. Real-Time Hot Meme Asset Tracker
How To Get Started With BYDFi?
To get started with BYFDi and start trading first you need to create an account. You can follow the below steps to get started with this crypto trading platform.
- First visit BYDFi website.
- Click on sign up and create an account by giving all the required details.
- Verify your email address so that your registration will be complete.
- Now you can set the 2FA [Two-Factor Authentication] for better password security.
- You can login to your new account and start your trading.
Conclusion
So with the help of On-Chain Tools like BYDFi Moonx we can analyse the crypto Ups and downs. Crypto Trading has become popular trading in recent years. You need to have maximum knowledge and experience before starting the crypto trading. If you are a beginner then our suggestion is to use online crypto trading platforms like BYDFi for better trading and analysis. With the help of this platform we can gain some crypto knowledge and we can invest properly with their guidance.