How to Deposit Fiat with Bank Transfer? (APP)

BYDFi

2025-12-11 · Updated

BYDFi has officially partnered with Legend Trading, a fast, secure, and fully licensed Money Services Business (MSB). As a compliant and regulated provider, Legend Trading enables BYDFi users to safely deposit USD, CHF, CAD, EUR, JPY, and AUD via bank transfer.

How to Deposit Fiat with Bank Transfer on BYDFi ?

1. Log in to your BYDFi account

2. Tap “Buy Crypto” in the middle of the page, and then select "Bank Transfer"

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⚠️ Note:

Identity verification is required before initiating any fiat deposit.
Even if you’ve already completed KYC and POA on BYDFi, the payment service provider, Legend Trading, may require additional verification, such as completing a questionnaire.

3. Select the Fiat Currency

From the dropdown menu, select the fiat currency you wish to deposit and enter the deposit amount.

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4. Choose a Payment Method

After confirming the amount and currency, click the "Deposit" button. The system will guide you through the next steps.

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5. Complete Verification and Questionnaire

Please complete identity verification, link your account as instructed, and finish the Legend Trading questionnaire.

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6. Get Bank Information and Make the Transfer

Once your identity verification is approved, the system will redirect you to a deposit instruction page. Follow the instructions to initiate the transfer via your online banking or mobile app.
Log in to your bank, go to the "Transfer" section, and input the bank information provided.
After completing the transfer, click the "Confirm" button.

❗️Important: Be sure to include the "Reference Code" in the "Other Information", "Remarks", or "Notes" field of your transfer. This code is used to correctly match your funds to your account. Omitting the code may result in delays or failed deposits.

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7. Deposit in Progress

Once the transfer is completed, please allow 1 to 3 business days for the funds to deposit in your BYDFi fiat account.

📌 Important Notes:

For delayed deposits, please contact Legend Trading Support by submit a ticket.
In compliance with regulations, you must use the deposited fiat to purchase crypto within 30 days.
Any unused fiat balance will be automatically converted to USDT on day 31 after the deposit.

📊 How to Check Order History

Click the icon in the top-right corner and choose "Order Management" to view your fiat transaction history.

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🙋 FAQs and Customer Support

Need help? Click here to view FAQ.

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Still stuck? Click "Support" for 24/7 assistance.

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