Dear Publish0x readers, I know you have probably read tens of articles about the BitYard exchange, but let me have my chance. I have read them also. Here, in my post, after a short summary, I want to focus on a service they provide which is really interesting for any good trader: low fees AND incredible ease of trading traditional asset derivatives like, among others, Crude Oil, Gold and Nasdaq 100. I choosed to focus on this because I believe it is a feature which can bring many new users.
1. The short (but helpful) review
1.1 Genearal Features:
The exchange looks fluid and intuitive, there is a lot of good job behind the web page. I do like the trading setup, which is powerd by TradingView, and if it may seem irrelevant, for me this is already a very good point. For the security-concerned reader, you will find at the homepage that this exchange has been authorized by regulators of the United States of America, Singapore and Estonia (in Europe). The number of trading pairs is not astonishing but hey, I think there is what is enough for a good trader.
1.2 Key Parameters:
Here some of the main key parameters useful to evaluate the BITYARD exchange:
- Leverage: this is a good feature if present; on BitYard one can send orders with a 5 to 100X leverage on USDT-based contracts.
- Fees: those are pretty low, %0.05, for both leveraged positions opening/closing and spot trading; as in traditional markets, there is also a small OverNight fee of 0.045%, but don't worry, this is equivalent of putting a Funding Payment, here absent.
- Liquidity: you should not overlook this key point. With BitYard, you can go smoothly: Binance is their main liquidity provider ;-)
- Affiliate program: yes, there is one! You can earn form 5% to 60% of the fees generated by the referred friends.
- Promotions&Bonus: what is an exchange which doesn't reward his users? Here we have two: first, a kind of welcome bonus , with a total of 258 USDT in prizes, rewarding the user for trading, depositing and other tasks. Second, really interesting, is the Daily Mining, by which one can convert "mined" tokens to a gift bonus, in USDT, useful to deduct trading fees. (I LOVE THIS IDEA)
- Support: Wow, wow and again wow!!! I tried to contact support inside the platform, and I got answered by a real person in like 10 seconds! Just perfect.
As a remark, considering all of the above mentioned qualities, I think that BitYard is a really competitive exchange and a valid choise for everybody.
2. What most have skipped about BITYARD
One point, frankly speaking, is that trading fees are really low, especially for the spot market. The average spot trading fees are around 0.1%, while on BitYard we can enjoy a ridiculous 0.05% for both maker and taker. Apart from that, what I wish to stress here is the fact that one can trade also derivatives of common goods and indices. Below is the complete list ( which will probably get longer with time) :
- Crude Oil, Natural Gas, Copper, Silver and Gold for the raw materials.
- National stock Indices: China A50, Mini Dow, Nasdaq 100, Heng Seng index of Hong Kong, the Japanese Nikkei225 and the German DAX.
I think that this is a really interesting service that BitYard offers to help traders diversify their portfolio, and this will be something more and more asked by the crypto community.
Last but not least, in this section I want to stress also what are the withdrawal fees, which is something often skipped at a first approch. Those are:
OMINI Network = 5.92 USDT
ERC20 Network = 6USDT
TRC20 Network = 0USDT
so BitYard is including the Tron Chain , which is one of the fastest and with almost 0 transaction fees: ten points for Gryffindor!
What else can I say? I can say that you should try by yourself ! So here is my Affiliate Link to register in few seconds to this new exchange BITYARD : https://www.bityard.com/?ru=uYAXaZ
I can also say that I wish that my post will really help somebody, and that I made things clear and simple. And also, of course, that you had a good time reading :-)
Thank you very much for your attention, please try to have a nice day!
See you soon, Ariman
