With the growing popularity of cryptocurrencies, there has also been an increase in the number of crypto exchanges and platforms in the space. While the space can be complex and difficult to navigate for new users and novice traders, the task of choosing the right exchange can seem cumbersome.
BitYard is a cryptocurrency exchange that aims to provide novice traders with a secure space to trade and explore the crypto sphere. The platform offers many advantages to its users and intends to simplify the trading experience for them with its tools and services.
What is BitYard?
BitYard is a one-stop trading crypto exchange that was founded in 2019 headquartered in Singapore. The platform gives traders and users a trading solution through Spot, Contracts for Differences (CFD), Inverse perpetual contract, and copy trading services.
The platform includes more than 100 coins including Bitcoin, Litecoin, Ethereum, and Dogecoin and Forex trading pairs such as AUDUSD, USDCAD, EURUSD, GBPUSD, USDJPY, USDCHF, and NZDUSD.
BitYard is regulated by American Money Services Business, Estonian Financial Regulatory Authority, Australian Transaction Reporting and Analysis Center and Business Administration of Singapore making it safe for its users. By holding various licenses across jurisdictions, BitYard provides a guarantee to its users.
Key features
Some of the major features offered by the BitYard platform include:
- BitYard offers traders a complete refund warranty along with cold storage facilities for crypto assets.
- The platform provides users with a maximum withdrawal limit of 100,000 USDT. It also offers 7 deposit options other than contract exchange.
- Apart from cold storage wallets, dual authentication and engine and system security protocols also help users achieve a high level of protection.
- With the BitYard demo account, novice traders get to understand and become familiar with the space before actually trading live.
- The platform offers sizeable leverage with a minimum investment of just $2.
- BitYard also offers 7/24 customer support through live chat, message, and email helping traders solve any problems or issues they have.
Mystery box challenge and easy registration
Opening an account with BitYard is easy and not at all time-consuming. The platform has a mystery box challenge in a place that lets users who buy or sell from the spot market get a chance to win BTC, ETH, DOGE, SHIB, NFTs, and other prizes. Joining the challenge is easy as users just need to create their BitYard trading account and deposit crypto or fiat to trade on the spot market. They can then avail their rewards by heading to the mystery box section.
BitYard has 300+ spot trading pairs in USDC, USDT, BUSD, EUR, and GBP making it easy for traders to get the mystery box regardless of the trading volume or number of transactions.
Contract and spot trading
On BitYard, traders can access crypto-USDT pairs such as Atomic (ATOM), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), EOS (EOS), Tron (TRX), Polkadot (DOT), Ripple (XRP), and Uniswap (UNI). Users can also buy meme coins such as Shiba Inu, Floki, Looks and BabyDoge on the platform.
The platform also has more than 400+ crypto-USDT pairs available for spot trading. Traders also get to access the order book and recent trades on the spot trading platform. For spot trading pairs, a 0.1% fee is charged for both makers and takers.
Fiat deposits and Inverse contracts
BitYard has partnered with Banxa in order to make it easy for users to buy cryptocurrencies through their credit cards and local payment methods like cash deposits and bank transfers. Banxa is a payments platform for the digital assets industry that works on creating a fairer financial system around the world.
Inverse contracts use cryptocurrencies such as BTC or ETH as the base currency to calculate margin, profit and loss. On BitYard, the inverse perpetual contracts are quoted in USD but the settlement is done in the chosen base cryptocurrency. This feature is designed giving users a chance to trade with as little as 1 USD keyed easily.
Affiliate program
BitYard’s affiliate program helps users earn upto 40% commissions on the trading fee that is generated by other traders that they referred. The process for the referral program is simple and easy to follow.
Users just need to share their referral link through social media, and they can then monitor the stats from their referral link and commission records through the affiliate influencer records. They also get a chance to become an elite member if their performance is outstanding.
Final word
BitYard has established itself as a popular cryptocurrency and contracts platform ever since its inception.
The exchange offers a simple to use and minimalistic user interface that can be helpful for users who are new to the space and get overwhelmed by complex trading and exchange interface. BitYard adheres to multiple regulations and also has a mandatory KYC process for deposits, making it safe and secure for traders.
For more information on BitYard, please check out their official website.
Disclaimer: This is a paid post and should not be treated as news/advice.
