Bityard is the world's leading cryptocurrency contract exchange

 About Bityard Exchange

Bityard is the world's leading cryptocurrency contract exchange platform.Headquartered in Singapore, it provides customers in more than 150 countries with safe, easy and fast digital asset trading services. Bityard adheres to the business philosophy of "complex contracts simple transactions", and aims to bring customers the most simple experience.

The Product

Traders are able to buy or sell crypto contracts (using USDT) on margins and leverage.
The main trading pair is USDT and users are able to trade on a number of major cryptocurrencies, such as:

·         Bitcoin (BTC)

·         Ethereum (ETH)

·         Litecoin (LTC)

·         Ripple (XRP)

·         Bitcoin Cash (BCH)

·         Ethereum Classic (ETC)

·         EOS

·         Tron

·         Dash

·         Link

With Bityard contract trading, you can easily hedge market risks with only a small amount of capital and without needing to purchase the actual trading asset. Contract trading allows users to profit from both bear and bull markets, while multiplying potential profits through using higher leverages.

The Advantage

·         Low entry. Users can open a trade from as low as 5 USDT (up to as high as 20,000 USDT)

·         Competitive fees. Trading fee has been adjusted from 0.075% to 0.05%, Bityard will pre-deduct the opening and closing fee [0.05%] when opening a position, and will not be charged when closing a position.

·         High leverage. Leverage anywhere from 5x to 100x. Margin trading carries more risk but also higher rewards.

·         Fair and transparent prices. Bityard uses a K-line weighted average that pulls data from 3 major crypto exchanges which are Binance（30%） & OKEx（40%） & Huobi（30%） to display the fairest and most accurate cryptocurrency prices.

·         Bityard coin BYD. Get BYD through register and trade, you can deduct trading fees, or get excess income from listing.

·         OTC Deposit. Enjoy your trade without cryptocurrencies,OTC deposit helps you with fait deposit.

How to Trade on Bityard

Bityard users can choose to trade on the app (Android or Apple) or the web trader  To start trading on Bityard, you will need to:

1.     Download the app

2.     Register for a new account

3.     Place a deposit

4.     Open a trade

For users who prefer trading while traveling or commuting, the app is sufficient and easy-to-use. For users who prefer better control and functionality, the web trader will be an ideal choice. It features an industrial grade charts, a full range of TA tools, and modular viewing panels that allow users to shift layouts to their preference - including choosing between light or dark themes. The user-friendly toolbars on the web trader also allow users to quickly gain access to available trading pairs on the platform.

 Unique advantages of Bityard

The cryptocurrency trading market is far more matured compared to the pre-2017 bull market. There are many services that offer cryptocurrency margin trading, spot trading, and contract trading. Although the general service offered are similar, there are few yet crucial differences between these services.

This article is meant to help you understand Bityard better in the context of other cryptocurrency trading platforms - and how you can benefit by choosing to trade on Bityard.

Key Differences in Bityard

·         Tether (USDT) as the base currency.

·         Bityard coin BYD. Get BYD through register and trade, you can deduct trading fees, or get excess income from listing.

·         OTC Deposit. Enjoy your trade without cryptocurrencies,OTC deposit helps you with fait deposit.

·         Bityard uses a K-line weighted average that pulls data from 3 major crypto exchanges which are Binance（30%） & OKEx（40%） & Huobi（30%） to display the fairest and most accurate cryptocurrency prices.

·         Leverage anywhere from 5x to 200x. Margin trading carries more risk but also higher rewards.

·         Zero spread,No slippage cost and no clawback.

·         Unique "close all" function.

How does Bityard make money

We make our money primarily through our commissions, with other overnight fees making up a small proportion of our revenue. We aim to build lasting relationships with our clients, and provide a range of tools to support their trading.

·         We want our clients to trade profitably

·         We make most of our money from the commissions that clients pay to trade with us

·         We hedge only when overall client exposure is skewed in one direction

·         We always reserve certain percentage of our daily profit to make sure that clients are able to realize their profits even during extreme market conditions, We’ve invested heavily in tools to help our clients trade profitably

·         We aim to build long-lasting relationships with our clients based on trust

·         We never add spread to profit from clients’ transactions activity

                            How To Register A New Account onBityard

                                           

What is the Transaction Fee on Bityard

Bityard trading fee has been adjusted from 0.075% to 0.05% and the formula has also been changed.

The formula for the trading fee is changed to:
Opening Fee=Margin*leverage*0.05%
Closing Fee=Margin*leverage*0.05%

Note: Bityard will pre-deduct the opening and closing fee [0.05%] when opening a position, and will not be charged when closing a position.

 

Is Bityard a perpetual contract

Bityard is not a perpetual contract, but we do have the advantage that a perpetual contract does not have.

1.     Bityard has 24 hours of liquidity, users can place orders at any time.

2.     Bityard has no spreads.

3.     Independent R&D, best-in-class security.

 

In the tenth anniversary since the birth of the blockchain, the central banks of various countries have paid more and more attention to the trading activities of virtual currencies. …

Bityard, adheres to the product concept of “Complext Contracts, Simple trade” aims to bring the ultimate simplified trading experience to customers. Headquartered in Singapore, Bityard has already helped more than 100,000 user from 150 countries around the globe. The number of users who are looking for a simplified trading experience keep growing at Bityard.

With the high distribution of Bityard in many countries around the world, they recently launched a “The million support plan” that has already been pursued by agents around the globe. Today we conducted an exclusive interview with Rafael Zhou, the Bityard business head.

There are two important functions below:

• Users can use the BiCoin App to view the market of 10 mainstream USDT contract trading pairs on the Bityard exchange anytime and anywhere.

• Users can access the API of the Bityard contract account in their own account and participate in social activities such as profit display, data analysis, market interpretation and sharing on the BiCoin platform.

As of March 31st, 2020, Bityard has obtained a financial services license issued by AUSTRAC (Australian Transaction Reports and Analysis Centre). This is a step that is necessary to provide worldwide digital asset services to Bityard customers in a safe and compliant manner. Bityard is, now, without question, a leading digital assets futures contract exchange. The license granted by AUSTRAC grants authority to Bityard to conduct financial services such as digital currency exchange services, digital currency transactions, digital currency wallets, and remittance services.