What are the requirements and procedures for opening a live account to trade derivatives in the cryptocurrency industry?

1 answers

• May 06, 2022 · 3 years ago
  At BYDFi, opening a live account to trade derivatives in the cryptocurrency industry is a simple process. You will need to provide your personal information, including your full name, email address, and phone number. Once you have provided the necessary information, you will need to complete the KYC (Know Your Customer) process by submitting a copy of your identification document and proof of address. The KYC process usually takes a few days to complete. After your account is verified, you can fund your account and start trading derivatives. It's important to note that trading derivatives involves a high level of risk and may not be suitable for all investors. Make sure to do your own research and seek professional advice if needed before engaging in derivative trading on BYDFi or any other platform.
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