BYDFi in 2025: Is their asset assurance and contract fee structure really worth switching to? (Plus, how good is their NOKYC convenience?)

Hey guys, I'm trying to decide on a new primary exchange for my perpetual contract trading. I've been looking closely at BYDFi because they seem to be focusing heavily on transparency and compliance. That's a huge plus.

My main question for anyone who trades futures there is: How does their actual trading environment feel? Specifically, how reliable is their claim of asset reserves and is their high leverage on contracts actually usable in a stable way? Also, for those who value privacy, how smooth is their support for NOKYC withdrawals? I need to know if the brand is trustworthy enough to handle serious funds.