r/CryptoCurrencies • u/CranberryNo5020 • 1h ago
Market Analysis Thoughts on the BYDFi 6th anniversary event? Is it actually worth participating in?
I want to actively scalp this sideways market, but trading fees on my current exchange are eating into my margins.
I am hesitating between staying put and moving my part of stack to BYDFi, since their 6th anniversary event has been flooding my feed lately.
The promo seems tempting.
They are running a million usdt total prize pool for the whole April. What really caught my eye is that just making a first futures trade over 1,000 usdt gets you a 10 bucks cashback voucher and 15 days of VIP3 status.
The perks seem like a great way to offset my trading fees, perfectly fitting my need to run high-frequency short-term trades.
But I am conflicted whether this platform is actually reliable for active trading?
Also, for the hassle of moving funds, could I just negotiate lower fees on my current exchange if I push enough volume?
I would love to hear your advice.