BitYard is a cryptocurrency exchange that provides investors and traders with certain crypto trading services. Its operation covers more than 150 countries in the world and is more reliable with its fast, safe and easy performance.
Launched in 2019, the crypto exchange is based in Singapore and facilitates trading over 400 crypto tokens. Some of the major cryptocurrencies on the platform include Bitcoin, Ethereum, Dogecoin, Litecoin, and others.
BitYard is rapidly becoming one of the reputable crypto contract exchanges in the world as it aims to simplify the complexities of contract trading. Thus, it uses trading tools that will allow users to have high profitability. BitYard has a brand concept that goes with “Simple”.
Is BitYard legit and safe?
BitYard is a legit and safe crypto contract trading platform with a simple interface for easy navigation. Both novice and professional traders have the right tools available on the exchange to enhance their trading experiences and improve their profitability.
BitYard is a regulated crypto exchange with licenses from solid and notable financial regulators. Some of the prominent bodies that have authorized the exchange include:
- Singapore Accounting and Business Regulatory Authority (ACRA)
- US Money Services Businesses (MSBs)
- Estonia’s MTR
- Financial Crime Enforcement Network (FinCEN)
- Australian Transaction Reporting and Analysis Center (AUSTRAC)
Some of BitYard’s partners include Coincodex, Chainlink, TRANSAK, Travala.com, BLOCKCHAIR, FIO, TradingView, Banxa and others.
Highlights of BitYard – Unique Trading Platform
BitYard is an exchange that provides users of all trading levels with the right platform for crypto trading and investing. The exchange is called a one-stop trading platform due to the many trading services available on the site.
BitYard’s services can be summarized below.
BitYard is renowned for providing spot market transactions to its users. The exchange focuses on providing the best crypto-USDT and other pairing. Traders have different display options on the platform, including “Order History”, “Funds”, “Open Orders” and “Trade History”.
Perpetual Futures (Inverse)
This is one of the features of BitYard for trading that could yield high profits. Additionally, engaging in perpetual futures contracts could lead to losses. Beginners are advised to stay away from this trade until they gain more experience in crypto trading.
Lite Trading (CFDs)
Users can access a wide range of crypto pairings through CFDs while exploring the market. CFD trading allows traders to speculate on cryptocurrency values without actual ownership of the tokens.
Additionally, users can trade CFDs on other instruments such as Forex, indices and their derivatives.
BitYard offers copying tools on its platform that allow users to copy the trading patterns of certain professional traders. Moreover, the copy trading feature gives beginners the right foundation for rapid growth.
The tool allows beginners to duplicate positions that their selected traders have opened automatically. They will have to pay professional traders either a monthly fee or a few percentages of their profits. Therefore, both newbie and professional traders benefit from the copy trading tool.
Deposits with FIAT
BitYard supports deposits in different fiat currencies for merchants in Vietnam, Mainland China, and Indonesia. Supported fiats include USD, GBP, EUR, AUD, NZD, JPY, CAD, CHF and others.
BitYard has a page that contains all of its applicable fees for services on the platforms.
To pay – BitYard does not take any fees for a deposit on the platform, both in crypto or fiat currency.
Withdrawal – The exchange takes fees from customers at the withdrawal point.
- ERC20 – 10USDT
- BSC – 1 USDT
- TRC20 – 1USDT
Conversion fees – 0.1%
Spot Trading Pairs
- Manufacturer fee – 0.1%
- Lessee fee – 0.1%
CFDs – Transaction fees for CFDs on BitYard are between 0.075% and 0.05%. The calculation format is given below:
- Opening Fee = Margin * Leverage * 0.05%
- Closing Cost = Margin * Leverage * 0.05%
Apart from the normal web app, BitYard runs a mobile app for its users which is available on iOS and Android smart devices. Customers can download the mobile app from Google Play Store or iTunes Store. Using the mobile app allows traders to monitor and complete their trades even when they are on the go.
BitYard offers top-notch customer support to its users through live chats and emails. Additionally, it maintains an all-inclusive Help Center and FAQ column. These handle many probable issues that users face while using the platform. Also, the exchange interacts with users through its social media platforms.
Here are some of the ways to access BitYard customer support.
Email – Send your emails to [email protected]
YouTube – https://www.youtube.com/c/BityardOfficial/
Facebook – https://www.facebook.com/Bityardofficial
Attractive affiliate program
BitYard offers an attractive affiliate program for users to explore and earn hugely. With the program, a user will join the exchange and get up to 40% commission on the fees generated by their referrals.
BitYard is a reputable crypto contract exchange that allows its users to enjoy excellent services through its unique platform. It works with a SIMPLE brand concept removing the complexities of trading cryptocurrencies and other financial assets.
The exchange welcomes all clients regardless of trading experience. The interface is user-friendly and very easy to navigate even by beginners. Besides, there are outstanding features that will interest and benefit professional traders as well. BitYard has it all for its users.