Nillion (NIL) token officially launches on BYDFi exchange, opening up new possibilities for privacy-preserving computation

Global crypto exchange BYDFi officially announces the launch of the Nillion token (NIL). Users will be able to trade the NIL/USDT spot pair

Crypto exchange BYDFi is listing Nillion (NIL) for trading with USDT on March 24. The listing of the NIL/USDT spot pair marks the first appearance of Nillion's native token on the platform and signals the integration of privacy-preserving computation technology into various industries.

As the world's first "blind computer," Nillion employs privacy-enhancing technologies (PETs) such as Multi-Party Computation (MPC), Homomorphic Encryption, and Zero-Knowledge Proofs (ZKPs) to ensure that data remains private and secure throughout its transmission and processing. These groundbreaking technologies resolve the inherent conflict between privacy protection and efficiency in blockchain technology, enabling privacy-preserving applications across artificial intelligence (AI), decentralized finance (DeFi), and data storage industries without exposing raw data.

Several leading industry projects have recognized the potential of Nillion's technology, leading to strategic partnerships with Meta, Virtuals Protocol, and Ritual in areas such as AI privacy computation, decentralized inference, and medical data governance. The network has also grown to over 500,000 validation nodes.

The token is used to pay for computation services, data storage fees, transaction costs, and has key roles in ecosystem governance, node incentives, and network resource consumption. It has also secured investments from Binance Labs and Hashkey Capital.

To celebrate the listing, BYDFi is offering new users the opportunity to claim up to 8100 USDT in bonuses and enjoy easy deposit options for Nillion using credit cards, debit cards, Google Pay, Apple Pay, or their wallet balance.

Founded in 2020, BYDFi is one of the top 10 best crypto exchanges globally according to Forbes, trusted by over 1,000,000 users worldwide. Its upcoming product, "MoonX,” is a specialized memecoin trading tool designed for Degen traders.

MoonX offers over 500,000 trading pairs, combined with smart trading tools, comprehensive market analysis, and advanced tech architecture to help users track smart money and target the next 1000x memecoin.