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Guides | Crypto News

Bityard Cryptocurrency Exchange Review

Author

John Asher

Tags

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update


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BitYard Introduction

BitYard is the world’s leading cryptocurrency derivative exchange. Since its establishment in late 2019, BitYard has continued to bring professional and convenient new trading services to global users, including cryptocurrency spot trading, Contract for Difference (CFD) trading, and copy trading services.

In the second half of 2021, BitYard launched a series of system upgrades. With the new corporate slogan “Grow Your Future in the Yard” and a largely improved user interface, BitYard takes cryptocurrency trading to a whole new level, providing its user with a much better trading experience.

BitYard Services

  • Cryptocurrency spot trading
  • CFD trading
  • Copy trading system
  • Perpetual contract trading service (coming soon)
  • Grid trading system (coming soon)

Features of BitYard services

  • Users can buy and sell crypto spots of the world’s most mainstream coins, including Bitcoin, Ethereum, Litecoin, and Dogecoin.
  • CFD trading services for multiple asset types, including cryptocurrencies, indices, commodities, and forex.
  • Low trading fees (for both spot and CFD trading).
  • Easy-to-understand user interface.
  • High leverage range for CFDs.
  • Advanced copy trading system with top listed traders around the world.
  • Convenient deposit methods. Users can make deposits using cryptocurrency and fiat money.

Licenses

Bityard has received the financial licenses (virtual currency exchange license and e-wallet licenses) issued by the Estonian Financial Regulatory Authority (MTR), and obtained other licenses issued by the Business Administration of Singapore (ACRA), the United States Financial Supervisory Authority (MSB), and the Australian Transaction Reporting and Analysis Center (AUSTRAC) to stay highly compliant with regulations of crypto trading.

Spot Trading Service

On BitYard, users can buy and sell over 150 cryptocurrencies, from Bitcoin and Ethereum to the trendiest altcoin of the moment. At the same time, BitYard will continue to list more new coins to provide users with plenty of trading choices.

The spot trading fee on BitYard is 0.1% for Maker/Taker.

CFD Trading Service

CFD asset types on BitYard include cryptocurrencies, forex, indices and commodities, with up to 400x leverage range (depending on the asset type), providing users with a high degree of trading flexibility.

The CFD trading fees on BitYard is also based on the asset type, and the fees are overall low.

Copy Trading System

Like other mainstream exchanges, BitYard has developed a copy trading system that allows users to copy the strategies of top-performing traders. For these users, directly copying the trading positions of professional traders can improve their win rate. The system is a convenient tool developed by BitYard to make trading much easier for novices around the world.

For the traders who get copied by BitYard users, they will receive a minimum of 8% of the profits from each successful position as commission.

Deposit Methods

BitYard has partnered with Banxa and Paxful to provide convenient fiat money deposit methods for global users to buy cryptocurrencies using mainstream fiat currencies like USD, EUR, AUD, CAD. The payment methods include credit cards, bank transfers, and cash deposits. BitYard users can buy cryptocurrencies like Bitcoin, Ethereum, and Tether easily and safely with their fiat money.

BitYard Affiliate Program

BitYard has its affiliate program. The influential trading professionals in the cryptocurrency industry can apply to become a member of the program by contacting BitYard team.

BitYard affiliate program members can have to 40% commission rate and build or strengthen their personal brand image in the industry through the help from BitYard.