Platform Name: Bityard
- ACRA, Singapore # 201938576H
- MTR, Estonia # 14875721
- AUSTRAC, Australia # 639073519
- FINCEN, USA MSB# 31000157825533
Instruments: Cryptocurrency Contracts
Trading Pairs: BTC/USDT, ETH/USDT, LTC/USDT, XRP/USDT, BCH/USDT, ETC/USDT, EOS/USDT, TRX/USDT, DASH/USDT, LINK/USDT
In the past decade, Cryptocurrencies have surmounted over $2.7 trillion overall since their inception in 2013. This high-rise in market capitalization has resulted from many investors in the DeFi market and over 16,698 cryptocurrencies. Also, it’s worthy to note that trading these cryptocurrencies is only possible by the intermediary of crypto exchanges such as BitYard, Binance, and Exodus.
That said, in this review, we are looking at the BitYard Exchange. All you need to know about BitYard and its features are included in this article for you. Let’s check them out below.
The Singapore-based company, BitYard, is a crypto derivatives exchange. BitYard was created to provide highly efficient, user-friendly, and fast crypto contracts for traders of all levels, regardless of their level of exposure. BitYard provides users access to cryptocurrency trading services in more than 150 countries.
Is BitYard legit and safe?
BitYard is both legit and safe for users to deposit, trade with, and withdraw from.
The BitYard exchange has acquired all its service licenses from the Estonian Financial Regulatory Authority (MTR), the Australian Transaction Reporting and Analysis Center (AUSTRAC), the United States Financial Supervisory Authority (MSB), the Business Administration of Singapore (ACRA). Thus, we can agree it’s legit and safe to work with.
Also, BitYard provides you with the best means to store your crypto assets.
BitYard partners with several globally-leading firms, both in crypto and in other sectors. These partners include Transak, TradingView, Coincodex, Travala.com, Blockchair, FIO, Banxa, etc.
BitYard Highlights – One-Stop Trading Platform
While we have stated that the BitYard exchange offers several benefits, let’s outline them below.
Spot trading crypto assets implies that you buy cryptocurrencies and store them until they appreciate in price value. You can also use these assets to purchase other different crypto assets. BitYard facilitates access to spot trading over 400+ crypto USDT pairs, including Bitcoin, Ethereum, Dogecoin, Litecoin, and some other altcoins.
Perpetual Futures (Inverse)
BitYard also provides you access to futures contracts, which you can trade on the price movement of assets at a given price and date. You use these stored tokens as a backup to other crypto assets or secure profits when you’re trading in volatile markets. Also, there is a buyer, seller, and a given price in every contract.
Lite Trading (CFDs）
The platform allows users to view “Trigger Order,” “Live Position,” “Trade History,” and “Transaction History.” Also, you can view your wallet balance using the My Assets page. BitYard gives access to your crypto balance in its fiat currency equipment.
One unique feature of the BitYard exchange is that copy trading feature that automatically duplicates trades of any desired trader. Thus, you don’t need to monitor the market frequently. This feature is advisable for beginner traders who don’t know much about trading but love to increase their income.
Deposits with FIAT
In addition, BitYard allows you to make deposits and withdrawals using fiat currency into their given accounts. However, only users in Vietnam can use this feature. Although, BitYard assures that it will soon start accepting more crypto in further times.
USDT margined perpetual futures
Play-to-earn Mining Pool
BitYard platform token: BYD
Grid Trading Bot
Another significant perk about the BitYard exchange is its fees, as the exchange’s fees are transparent. Similar to other cryptocurrency exchanges, BitYard charges users for opening, closing, overnight trades, and also for withdrawal of assets.
Each trade on the exchange costs 0.5%, the minimum acceptable amount is 5 USDT, and the maximum trade is 20,000 USDT for each trade. You can also adjust your position size using leverage and margin as a trader. BitYard charges 0.045% and 0.05% for overnight transactions for spot trading.
To know more about fees please visit here.
You might wonder if the BitYard exchange is available for you to use on your mobile device, and the answer is yes. You can download the mobile app on your Android and iOS devices.
Also, you can reach out and connect with BitYard by using a direct message, email, or social media. Within the app or website, you can chat with customer care directly. You can email them at [email protected]. The social media platforms also on Telegram, Twitter, and Facebook are also available for you to interact with. In addition, if you’re not satisfied with all that, you can use the help center and FAQ database.
Attractive Affiliate Program
Furthermore, BitYard provides users with several ways to earn and profit from it. One of the ways is by joining the BitYard Affiliate program.
This way, you can receive nearly 40% of commissions on the platform’s trading charges. To do this, register on the platform’s Affiliate program and get your unique link to refer to your friends and family.
While we’ve stated that there are several cryptocurrency exchanges available today, we also note that BitYard exchange is one of the more favourable for anyone. It provides advanced technologies and implements more cost-effective transaction charges for users—giving it an edge over its competitors.
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