The ongoing bull run is also increasing the number of committed virtual currency traders, which is great news for many digital currency platforms. Before May 2021, Bityard, a Singapore-based digital currency platform, will host the first international trading competition, with a prize sum of up to 60,000 USDT, and competition entry for each team’s leader is now available on Bityard’s website.

In fact, it is trading at a similar value as it was last week, just above $0.8. Ripple’s XRP is not doing well but not fairing badly either. Its current form is not optimistic. However, it’s not terrible either, considering XRP has been one of this year’s poorest performers in the crypto market.

This is convenient as it allows traders to access funds without having to deposit them somewhere else and send them to BitYard subsequently. Another thing to consider is the fiat gateway through BitYard’s partnership with Banxa. Users are able to buy cryptocurrencies directly using their Visa or MasterCard.

Every team’s captain will now register for the competition. Bityard, a digital currency platform in , will hold its first trading competition in May 2021, with a total prize of up to 60,000 Tether (USDT).

Bityard isn’t the initial digital currency platform to hold a trading competition. As per CoinMarketCap, in the previous year, Bybit, another major crypto-derivatives platform, hosted a massive competition – World Series of Trading (WSOT) – with a large payout, which drew upwards of 12K global investors to participate.

Also, Bityard users can find different types of traders on Bityard via the trader tag function. Those tags are related to trading styles of the traders including “short term”, “aggressive”, “mainstream” and so on.

In addition, Bityard has brought more social features to its copy trading system. A listed trader on Bityard has their own personal homepage, where the trader can leave short self-introduction on the page. This will help other users to know more about the trader.

Even though down to under $40,000 afterward, Bitcoin still has been attracting more and more investors to enter the market. On January 8 th , Bitcoin surpassed $41,000 to set an all-time high. However, cryptocurrencies are different than many types of assets since the prices are much more unstable, which makes it much harder for junior investors to establish proper investing strategies for crypto CFD trading.

Note that Bityard is not the first crypto exchange to launch a trading contest. Last year, Bybit, another large crypto derivatives exchange, held a grand contest too. Dubbed the World Series of Trading (WSOT), this content came with a grand prize pool that attracted more than 12K global traders.

Via the Bityard copy trading system, beginners can learn how to trade correctly from the experts, and traders who get copied and followed can receive extra profits from each successful trade while getting copied. Bityard recently launched the copy trading system for bityard bitcoin per block CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Right now, the Bityard copy trading service is available on different devices including mobiles and PCs.

So far, the Bitcoin bull market has shown no signs of ending, and some people are expecting Bitcoin to hit as high as $400K by the end of this year. The bull market also boosts the number of active crypto investors, which is a very good sign for crypto exchanges in general.

Most of its assets are seesawing and, in just 7 days, the market capitalization dropped by $100 billion. The crypto market is struggling to be cheerful, with the year’s end holidays just around the corner. The market cap could drop below $2 trillion by January in this rhythm.

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Exchange Pair Rate/ Volume in Rate in/ Volume in % total volume HitbtcATOM-USDT 34,40/ 273233621 0,00090878/ 7206 14,09% Bitcoin_comATOM-USDT 34,40/ 271605852 0,00090868/ 7163 14,01% BinanceATOM-USDT 34,39/ 237847255 0,00090845/ 6273 12,27% UpbitATOM-KRW 41 960,00/ 207752266 0,00092422/ 5479 10,71% OkexATOM-USDT 34,40/ 195974513 0,00090872/ 5168 10,11% GdaxATOM-USD 34,43/ 111360323 0,00090796/ 2937 5,74% KucoinATOM-USDT 34,40/ 102979519 0,00090876/ 2716 5,31% DigifinexATOM-USDT 34,38/ 62605414 0,00090821/ 1652 3,23% BinanceATOM-BUSD 34,40/ 32181082 0,00090839/ 848,725 1,66% GateATOM-USDT 34,41/ 30717508 0,000909/ 810,052 1,58% All exchanges with cryptocurrency Atomic Coin.

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