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MoonX: BYDFi's On-Chain Trading Engine — A Ticket from CEX to DEX – Press release Bitcoin News

  • BYDFi officially launched MoonX on May 13, 2025, in Victoria, Seychelles, as a new on-chain trading engine integrating CEX and DEX functions.
  • The launch addresses evolving industry dynamics where centralized and decentralized exchanges function more collaboratively, although challenges such as configuring wallets, transaction costs, and interoperable network activities still pose obstacles.
  • MoonX streamlines DeFi access for CEX users by requiring just a single BYDFi account without the need for wallet configuration, gas payments, or switching between blockchains, and it is available on Solana and the Binance Smart Chain.
  • Michael, Co-Founder of BYDFi, explained that MoonX goes beyond being just an additional feature—it aims to establish a widely adoptable Web3 onboarding framework that integrates a centralized exchange interface with a decentralized exchange infrastructure to enable seamless asset movement.
  • This dual-engine strategy enables unified asset management bridging CEX familiarity with DeFi diversity, implying broader Web3 adoption without typical technical hurdles.
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elperiodicodeyecladeyecla.com broke the news in on Tuesday, May 13, 2025.
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