How to start cryptocurrency trading on Bityard

avatar

The dip is over and finally I see some green in my portfolio! Has a hard month and I watched the value of my assets dropping by 65% from the peak! Bitcoin went close to the 2020 value while other assets went down to all-time lows. I am a seasoned veteran and I didn't care!  I did used the dip to buy some new assets to HODL and I used Bityard to buy some of them.

How to start crypto trading on Bityard ? 

Creating an account

Bityard is one of the easiest platforms to use for trading cryptocurrencies, due to the user-friendly interface and one of the fastest engine in the world,. Bityard trading engine can match 1,000,000 transactions per second, making the trading process very efficient.

It takes 3 minutes to be trading ready on Bityard, as the registration process can be completed using email or a mobile number. New users must confirm their registration before taking advantage of all the tools that Bityard has to offer, from derivatives contract trading to advance crypto trading. The trading experience is enhances by the availability of top leverage, low trading fees, the easy deposit system and nine available languages.

94c27e111401f4fc3c781c6c42487298aa96ec6094558aaf025538ef0426143a.png

Funding the account

The deposit page makes the deposit process fast and efficient, as users can tap the currency they want to use to top-up the Bityard account. The available options are Tether (USDT) with ERC-20, TRC-20 and OMNI options, Bitcoin (BTC), Ethereum (ETH), Tron (TRX), Link, Ripple (XRP), EOS and Curve.Finance (CRV). The deposit can be completed by using either the address or the QR Code. The funds can be used for crypto spot trading and contract trading cryptocurrencies or derivatives.

78874be86993d71974cc7a4fb52baafe0c1f537e7e371102b81ae9694f9fdb00.jpg

The Asset Centre

All the information about assets, rewards and bonuses can be found  in the Asset Center. Users can check their balance, deposit/ withdrawal history,  orders and affiliate stats.

aed6dc281d041cca0ee4520ddb52c7bbc205efec67f4a46c5062666226bf60f9.png

The contract order will provide information about completed contracts. The daily and total volume are situated in the top right corner. The list of contracts will show the selection, price, margin, leverage and profit/loss. The transactions can be sorted by time frame or by individual cryptocurrency.

860f15f7583f678e9bfe852247d940de1fa6ab1dd78132566934b477bff41971.png

Contract Trading

The Bityard Contract Trading interface is providing the tools required for modern trading.  The term of "contract" is used for the market trading tool that will allow the trader to predict the price movement of an asset, physical commodity, financial instrument, derivatives or cryptocurrency by using leverage.

ff6c9311b0771ca8d94a2238519df34489a9491d72c714b28c0e0d6613173d03.jpeg

Bityard trading fee is set at 0.05%, a much lower rate than the industry average. The Demo Trading platform is a good learning tool, that allows new users to familiarize with the platform and the contract trading mechanics.

The leveraged trading for derivatives, offers access to the Derivatives market. Crude Oil, Gas, precious metals and shares and stocks such as Nasdaq, DAX or Nikkei225 are available for contract trading. Only use disposable income, in amounts that you can afford to loseThis is not financial advise! 

36b25dfd2d7ebffd742dbcb85d159a4d19addc6a6a18eb16ef92a69979c97e24.jpeg

Spot trading

Users can swap or trade their assets without hustle. This can be done by selecting the clicking/tapping the pairing. The Spot Trade list will  show the last price of the cryptocurrency and the change in percentages.

01b410b2a13e0d97f96b9191ccecafae5c64d05459fc3d6042027eb83e81ee3e.jpg

The expanded trading view for each pair will show the maximal and minimal prices for trades. The "Buy" button will enable users to buy the first asset in the pair, while the "Sell" button will sell it. A set amount can be written in the trade bar or the buttons can be used to increase/decrees the amount. Using the set percentage, 25% - 50% - 75% - 100 % , can simplify the trading experience. In the below example, I selected to buy 1inch using 50% of my Tether (USDT). 

5a80b520c663fbfc43ae645e6d73415ebe729440ad67eb852a95268bf6d0c1ea.jpg

Why to trade on Bityard?

Bityard is vailable for both mobile (Android & IOS) and operates with licenses from four different countries: The USA, Australia, Singapore, and Estonia. Having the Singapore’s ACRA (Accounting and Corporate Regulatory Authority), The American Money Services Businesses (MSBs), Estonia’s MTR (Register of Economic Activity) for the European Union, and the Australian Transaction Reports and Analysis Centre (AUSTRAC), makes Bityard a trustable and professional trading platform. The exchange has transaction fees below the market average, trading interface available in nine different languages and customer support 24/7 via email and live chat. 

* This is not financial advice ! So your own research!

The Bityard Library :

Playing with precious metals: Silver and Gold derivatives trading

How to efficiently trade AAVE contracts on Bityard

Mastering Crypto Contract Trading on Bityard

Trading Platforms Street Fighter: Bityard is beating the competition

Refreshing my Bityard knowledge – Platform Review

How KOL is the Bityard affiliate program?

Resources:

Join Splinterlands! 

PVMihalache books

StakeCube Ecosystem

Join CakePool and get $30 DFI

The fountains: PipeFlare ZCashGlobalHive ZCash  & Get.ZEN

Publishing bundle: Publish0xReadCashLBRY & Presearch

  • This article may have been published on ReadCash or Publish0X

image.png



0
0
0.000
4 comments
avatar

Fantastic... you just made it so easy to go into crypto currency market with your simple analysis.

I think we shouldn't limit this to this place a lone we should learn to take the news beyond here so that others can also enjoy the benefits we see in this community.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Fantastic... you just made it so easy to go into crypto currency market with your simple analysis.

That is the true bro you know we have different way of teaching and when so people teach you something their make it look very simple why some will make it look as if you can never know how it was done

think we shouldn't limit this to this place a lone we should learn to take the news beyond here so that others can also enjoy the benefits we see in this community.

Yes you said the truth about it but you know how complicated how the hive community was and some that are willing to join might not have the time

That was I really love the people in this community you can see how new people are coming in here to join the community from every part of the country and this is really making it to be lovely


Posted via proofofbrain.io

0
0
0.000