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How to Deposit Fiat with Bank Transfer? (PC)

BYDFi

2025-12-10 · 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. Hover over "Buy Crypto" in the top navigation bar and click "Bank Transfer"

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⚠️ Note:

  • You must complete KYC identity verification before making a 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 answering a questionnaire.


3. Select the Fiat Currency

From the dropdown menu, select the fiat currency you wish to deposit and enter the deposit amount.BYD.1753755927737.image.png

4. Choose a Payment Method

For example, if depositing in EUR, you can transfer funds to Legend Trading via wire transfer. Click "Deposit" button when ready.BYD.1753755956332.image.png

5. Complete Verification and Questionnaire

  • If you haven’t completed BYDFi’s KYC, please follow the instructions to verify your identity.
  • For added transaction security, you may also be redirected to fill out a questionnaire for Legend Trading — please complete and submit it honestly.

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6. Get Bank Information and Make the Transfer

  • Once your KYC is approved, the system will redirect you to a deposit instruction page. Follow the on-screen 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.

❗️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.

After completing the transfer, click the "Confirm" button.BYD.1753756086727.image.png

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.
  • You can click "Fiat Balance" in the top right corner to go to the Fiat Account page and check whether the funds have been successfully credited.
  • Once the deposit is complete, you can use your Fiat Balance to easily buy or sell cryptocurrency.

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📌 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 "Orders" in the top-right corner to view your full fiat transaction history.

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🙋 Frequently Asked Questions (FAQs) and Support

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