Of course, if you are looking to become an experienced trader and really focus on the markets you will most likely come across margin trading or trading on leverage. There are many different paths you can take to make profit with cryptocurrency. I tend to opt for the “investor” mentality most of the time with a few swing trades if I see something that makes sense. Today I look at the Bityard exchange which has solid leverage trading.
He has also interviewed a few prominent experts within the cryptocurrency space. Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.
In November of 2019, Bityard officially launched out of Singapore, the world’s leading tech hub for all things blockchain-related. Tellingly, Bityard went live with a full-suite of certifications and licenses, counting oversight from America’s MSB, Singapore’s ACRA, Australia’s AUSTRAC and the EU’s MTR amongst them.
In the past, copy trading usually happened in online investment or crypto related communities, and so did crypto scams, as traders could fabricate their trading histories and records to attract followers. With the Bityard copy trade system, all traders must submit their trading history data, which will be viewed by Bityard before the traders get listed and copied. Bityard ensures all traders in the system are qualified for other users to follow their investment strategies.
They also have some advanced coin management protocols and risk management policies. It provides a trading experience with no slippage and liquidations. It is a pretty secure exchange given that they have licenses from 4 different regulators. In summary, this is a great leveraged exchange that is making complicated instruments simple to use for traders of all skill levels.
Opening an account is simple, interested parties only need to register with an email or mobile phone number, making the process super fast. Bityard adheres to the product concept of “complex contracts, simple transactions”, and aims to bring customers the ultimate simple operation experience.
As a new entrant, the founder of Bityard clearly understands that in order to gain a solid placement in the highly competitive contract market, innovation is critical. Bityard believes that recent events have now made contract purchases one of this year’s most competitive main battlefield on exchanges.
Customer support: There seem to be dedicated to customer support environments available on Bityard. It also supports some of the fiat currencies such as Vietnamese Dong, Indonesian Rupiah, and the Chinese Yuan. It certainly provides lesser data crammed per screen along with a bright mode and dark mode toggle. It stretches over a multitude of contact options right from email and telegram to online customer support. Mobile Support: This platform is not only available from your desktop, but you can now also access it via your mobile. There is also an automated chat function available. User Interface: Bityard exhibits a straightforward, smooth interface and operational panel for its users. Currencies supported: There is support for deposits in fiat and other mainstream digital currencies on the Bityard exchange. Leverage or Margin trading allows traders to invest in financial assets without buying and keeping the underlying asset. Leveraged Trading: Bityard also offers leveraged trading on its platform. The App is available on both iOS and Android in both the I store as well as Google Play. You can get as much as 100x leverage on this platform.
After finishing the 30-second sign up process, you’re ready to start trading cryptocurrency contracts. The first thing you’ll need to do is top up your secure multi-asset wallet with funds to power your first trades.
They are also one of the few leveraged cryptocurrency exchanges that have regulatory licenses. They are registered as Foundation limited. Bityard is an exchange that was established in 2019 and is based in Singapore. These include licenses in the USA, bityard invest in bitcoin reddit btc Australia, Estonia, and Singapore.
Professional-grade TradingView charts and tools integration enable you to gauge your trades across multiple screens with great accuracy by plotting and deploying technical analysis trend lines, scouting long positions, and viewing across multiple detailed timeframes.
There is also a very thoughtful layout switch feature which allows you to change the exchange background color for when you’re trading in the night versus the day, or vice versa.Trading Bitcoin with leverage (or once of the several other leading cryptocurrencies available for margin trading) is accomplished with ease using the margin tools to the right of the interface.
There is also a system in place to allow transferring of funds between companies and individuals using a simple, intuitive trading interface. The platform aims to attract all levels of traders, allowing users to trade with a little as 5 USDT. Additionally, the Renminbi and Vietnamese Dong are both supported, with plans to add more FIAT on-ramps in the future.
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