How to start cryptocurrency trading on Bityard
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.
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.
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.
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.
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.
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 lose. This is not financial advise!
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.
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).
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!
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