Bityard

Bityard

By Simplify Crypto | Simplify Crypto | 3 Dec 2020


Bityard it is a leading crypto exchanges that provides safe, simple, crypto trading and spot trading.

Bityard obtained financial licenses issued by four institutions (Business Administration of Singapore (ACRA), the United States Financial Supervisory Authority (MSB), the Australian Transaction Reporting and Analysis Center (AUSTRAC) and the Estonian Financial Regulatory Authority (MTR)).

Anyone can create an account.
The account creation process is quite simple, you just need to enter an email or a phone number and set a password.

After logging in, the trade part is shown to us.

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The interface is very pleasant and intuitive.
Undoubtedly, the fact that the chart shown is the trading view chart helps a lot if we want to do some analysis before starting to trade with all the tools available.

The platform has a DEMO option where the user can try the platform without having to use real money.

There are 3 different types of trading possible 3 different types on the platform.

Contract

Here it is possible to trade the USDT pair with 19 different cryptocurrencies (BTC, ATOM, BCH, DOT, EOS, ETC, ETH, LTC, TRX, XRP, ADA, BAT, DASH, KNC, LINK, UNI, XLM, XTZ and ZRX )

Derivatives

Here you can trade with assets that are not related to crypto such as Crude Oil, Copper, Gold, Sivlr, Mini Dow, Nasdaq 100, Natural Gas, China A50 and Heng Seng.

Spot Market

In the Spot Market there are 32 cryptocurrencies available to trade.

In relation to deposits, unfortunately we cannot make deposits with FIAT.
This means that the user needs to go to another exchange to make the exchange from FIAT to cryptography and only then can use the platform.

The bad point is that in this process the user has already had to pay the fees of the other exchange and the network to transfer to Bityard.

Perhaps it would be interesting for the platform to have a mechanism that allows the user to deposit FIAT that was automatically converted to USDT.

Bityard also has a referral-related part where you can earn 60% commission on the fees your affiliates negotiated.

In conclusion, Bityard is a friendly platform, easy to use and with a wide range of different types of trade in the crypto world with the traditional market.

Here are two suggestions:

  • Translate all options (buttons, menus, etc.) to all existing languages, as I identified that there are some that were not translated.
  • FIAT deposit system that automatically converts to USDT.

 

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Simplify Crypto
Simplify Crypto

Trying to help people to understand the crypto world from the basic concepts to the crypto projects purpose. My articles are publish in Publish0x and Hive

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