BYDFi Collaborates With Safeheron to Launch Its Web3 On-Chain Memecoin Trading Platform, MoonX
BYDFi, a renowned cryptocurrency exchange that provides users with a world-class crypto trading experience, has announced plans to launch its new Web3 on-chain trading platform, MoonX.
According to an official announcement today, MoonX has been built to cater to traders constantly seeking high-risk and high-reward trades. The platform helps them manage and secure their trades while providing powerful market analysis tools to assist traders in making informed decisions.
While it prepares to launch soon, MoonX supports trading a wide range of meme tokens by enabling on-chain trading of assets across major blockchains, including Solana, Ethereum, Base, and BNB Chain.
Built to optimize the web user experience, MoonX will launch with an array of specialized, professional-grade trading features, including Take Profit & Stop Loss, Smart Money & Signal Copy Trading, Limit Orders & One-Click Buy/Sell, and Profit Optimization Strategies.
BYDFi Partners With Safeheron
Designed to provide meme coin traders with a fast, secure, and intuitive on-chain trading experience, the meme coin trading platform will launch following BYDFis partnership with Safeheron, a renowned provider of self-custody solutions for digital asset owners.
The partnership will see MoonX leveraging Safeherons cutting-edge technologies, such as Secure Multi-Party Computation (MPC) and Trusted Execution Environment (TEE), to fully upgrade its on-chain trading security.
Notably, the decision to integrate core security technologies from Safeheron follows plans to build an industry-leading key management system that ensures the highest level of security for users assets.
BYDFis strong commitment to security is evident in its collaboration with Safeheron, intended to bring advanced security features to MoonX, built on decentralized trust models.
Michael, Co-Founder of BYDFi, commented on the upcoming launch of MoonX saying;
MOONX is more than just a trading toolit represents BYDFis vision and commitment to the future of Web3. By integrating Safeherons cutting-edge security technology, we aim to deliver the safest and most efficient Meme Coin trading environment, eliminating security risks in Web3 trading entirely.
Text source: ZyCrypto
