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Best Crypto Exchange for Beginners – BitYard Review

2021-09-11
in Exchange
Best Crypto Exchange for Beginners – BitYard Review
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Who is BitYard ?

Established in 2019 and headquartered in Singapore, BitYard has gained more than 500K users in more than 100 countries around the world in just two years after its establishment. There is no doubt that BitYard will become one of the most popular exchanges in the world in time. Not only does BitYard provide spot and contract trading services in more than 100 trading pairs, it also provides a service that I think is very amazing – copy trading. I will introduce this in detail below.

Is BitYard legit ?

Of course. BitYard falls under the purview of the following regulatory authorities:

  • The American Money Services Business – MSB.
  • Estonian Financial Regulatory Authority – MTR.
  • Australian Transaction Reporting and Analysis Center – AUSTRAC.
  • Business Administration of Singapore – ACRA.

As far as I know, there has never been a security incident in BitYard so far, and there has been no lag when extreme market conditions occur. When you start trading you will realize how important it is.

High Emphasis on Security: Dual authentication, cold storage wallets, and engine & system security protocols deliver high level protection for users.

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Why BitYard is the best exchange for beginners?

As I mentioned before, BitYard provides Copy Trading service. They invited many professional traders to join in, and you can copy their positions. When they open a position, you will follow it to open a position, and the same when they close a position. This means that you can trade like a professional trader and make a profit. Of course, this does not mean that you will not lose money. No one can guarantee a profit forever, right? At least professional traders have a higher winning rate than amateurs like us. 

In extreme market conditions, the benefits of copy trading are even more obvious. Generally speaking, professional traders always set stop loss. When a sharp rise or fall occurs, at least it guarantees that our short and long orders will not be liquidated (Liquidating means you lose all of your assets)

Another advantage of bityard is: they provide 24/7 online customer service. Unfortunately, Binance, the world’s largest exchange, does not provide this service. For beginners like us, it is very important to find a staff to ask when we suffering any problems.

Meanwhile, BitYard have many giveaway activities in their communities. You have the opportunity to get the most popular altcoins for free. For example, answering questions on bityard’s official Twitter every Wednesday can let you get free altcoins. This is very useful for beginners who don’t know where to learn about market hotspots.

I am a professional trader/affiliate marketer, is BitYard good for me?

Of course. First of all, you can have the opportunity to become a copy trader, allowing users to follow your trades. You can earn 8% from your followers’ winning trades. 

In addition, I think the most unique thing about BitYard is that they will help professional traders to operate their own communities or signal groups, so as to get more income. They provide telegram management bot, price bot and other very useful tools, and they are all free! How can you get such services with other exchanges?

Here are more information about BitYard:

  • Fast Registration: Registration takes as little as a minute.
  • Fiat Purchases: Investors may purchase BTC/ETH/USDT with a credit card/Apple Pay/SEPA and wire.
  • Verification: Traders may use certain features of the platform without completing the KYC/verification process.
  • Low Fees: Competitively low fees and you can start trading with only 2 USDT.
  • Leverage: Traders may enhance yields, with BitYard offering high leverage for CFDs.
  • Demo Account: Available to allow users to become familiar with the platform before trading live.
  • Affiliate Program: Affiliate members can earn up to a 40% commission rate, while also receiving the support of BitYard to strengthen brand image in the industry.
  • Multi-level Commission structure: enables members of the program to earn commission from indirect referrals.
  • Mothly Salary Program: Partners could earn up to 2,500 USDT per month.

Here are new features coming soon:

  • More Spot Trading Pairs
  • Spot Copy Trading
  • Perpetual Future
  • Grid Trading Bot
  • Platform Token: BYD – I believe it is the next BNB and FTT

I have to say that there are really not many exchanges that are willing to concentrate on improving the product and have a clear plan for the future. BitYard is one of the best.

Conclusion

BitYard is currently a platform suitable for both beginners and professional traders. And they have a passionate and professional team.

  • If you are a beginner, starting with BitYard is the best choice.
  • If you are a professional trader, let bityard take you to open a new world of trading.
  • If you regret that you missed BNB and FTT, you can’t miss BitYard then.

Register Now!

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