Hello dear traders. In the 2020 year, new and interesting crypto exchanges come to crypto business, and I want to tell you about one of these exchanges. I will talk about the Bityard crypto exchange from Singapore. What are its features and advantages, I will explain to you next.
Features of crypto exchange Bityard
Every year there are more and more platforms released for exchanging and trading cryptocurrency. However, it is difficult for a beginner trader to choose something simple and understandable. In addition, a professional crypto exchange must meet the following criteria: easy for use, provide ranges of commission starting from 5% up to 60%, fast deposit.
Fast and smooth operation of the platform and useful tools such as limit buy and sell orders play a role in order to minimize non-execution of stop-losses or take-profits and avoid slippage. It is also desirable that there be additional options for making money for traders besides the trading itself, for example, mining.
The Bityard crypto exchange has all these features. As a professional trader, I perfectly understand how important it is for a beginner to learn how to quickly handle the exchange and start trading, passing through registration quickly, and starting to make money. In Bityard, you can register in 30 seconds and start trading after 2 minutes.
Bityard – differences from other exchanges
After registering at Bityard, you will see a user-friendly and intuitive interface. All instruments, charts, cryptocurrency pairs and separate information about each coin – all this is at hand in one click. No need for separate windows and other platforms. You can directly analyze the market situation in the Bityard trading terminal, find out the current information about the token at the moment, start trading, and planning your future deals.
Unfortunately, on most exchanges, the trading panel has too many tools and complicated for a beginner. But here everything is clear, simple and only the most necessary functions are available. I would also like to tell you about the “Innovate Area” section, where the platform provides recommendations for trading tokens. Also, margin trading is available, with 5x to x100 leverage. Trading on the platform is very simple and straightforward.
It is possible to drag the working windows and arrange them the way you want. You can start trading with only 5 USDT, thereby gaining a hand on a real account and only then start trading with large amounts. There is also a professional demo account, to which you can switch in one click from a real account. A demo account will allow you to practice without having to deposit real money or test a new strategy.
Bityard – plans in the future
Considering that Bityard is headquartered in Singapore – one of the main financial and economic centers of the world, you can be confident in the reliability of this exchange. The platform also meets all cybersecurity requirements and supports SMS authentication and other powerful methods of protecting your account.
At the moment, Bityard has the ability to quickly exchange fiat money for crypto. The platform supports currently supports the deposit of 10 mainstream crypto with Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND), and more fiat on-ramp services are on the way. Additional fiat services are being prepared, and in the future, their list and functionality will become much wider.
Bityard has the financial licenses issued by the Business Administration of Singapore (ACRA), the Australian Transaction Reporting and Analysis Center (AUSTRAC), the United States Financial Supervisory Authority (MSB), and the Estonian Financial Regulatory Authority (MTR). This means that the company is under global regulation, plans to expand and improve its activities, becoming an increasingly popular exchange.
The platform has its own coin – BYD, issued with a total circulation of 210 million. Each new user will receive a free amount of BYD or in the first quarter of next year. The great prospects for the Bityard exchange and its development, listing the BYD coin on other exchanges, will increase the value of the token, which makes this cryptocurrency an excellent tool for investment.
In this video, I have the review of the Bityard crypto exchange. In general, I like this platform myself. There really is one disadvantage – a small volume of trading, but the exchange is growing and this disadvantage, I am sure, will solve in the future. And it is clear that the developers of the platform intend to improve their exchange in order to provide traders with the best trading experience.