WikiFX

Reply

As an experienced trader who prioritizes platform reliability and regulatory compliance, I approach brokers like BYDS with heightened caution—particularly because BYDS is unregulated and flagged for potential high risk. Based on my examination of their official details, I found no clear or confirmed information regarding the acceptance of cryptocurrencies such as Bitcoin or USDT for account deposits. The broker emphasizes a bank-futures contracting process, specifically recommending China Construction Bank for seamless transfers, which strongly suggests a focus on traditional fiat deposit methods. In my professional judgment, when a trading platform lacks formal regulation and clear deposit guidelines, it's essential not to proceed with any funding—especially using irreversible methods like cryptocurrency. Cryptocurrencies, by their nature, make it nearly impossible to recover funds if anything goes wrong. Additionally, user reports indicate serious withdrawal issues and unresponsive or misleading customer support. I have seen enough in the industry to know that, in the absence of robust oversight, even the simple act of depositing can expose clients to unnecessary risk. For me, unless BYDS publicly outlines a transparent, regulated pathway for crypto deposits, I consider it unsafe to attempt funding with Bitcoin or USDT. I strongly encourage traders to use only regulated brokers with clear, confirmed deposit and withdrawal methods to protect their capital.