Grow your future in the yard - Introduction to Bityard - Day 79

Whar is Bityard, you may ask? Well, to say it simply, in just a few words, Bityard is an one-stop trading platform for investors from all around the globe. I can already hear your questions in my mind. Are they safe? Are they good? What they can offer different that other direct competitors? Well, this will be an interesting journey.

Let's tackle our questions one by one. Bityard was founded in 2019, learning from the 2018 bear market bloodbath. They are making efforts to continuosly improve, and with the last campaign, ''Grow your future in the Yard''., they worked with some of the best crypto-experts to provide a better trading experience, using a new, improved interface. I like them, and I tend to use them when I need, as they always have some perks and rewards ready for me. In fact, just yesterday I noticed the Travala offer, and I joined, for some easy $25 bonus towards my next holiday booking. But let's not get distracted, so, back to Bityard. First of all, a short video helping you with the easy-to-register steps, in order to get your account ready.

Basically, you write Bityard.com into the browser, put your email, send a message to activate it, write the code from the email into the required field, and set up a good password. Additionally, if you have a referral code, use it into the last field. If you have none, you can use mine: pwNyhA. More to know?

To start with, they got licenced in United States Authorized License No. 31000157825533 issued on 2019/11/14 , Singapore Authorized License No. 201938576H issued on 2019/11/11 and Estonia Authorized License No. FVR001377 issued on 2020/02/17. If this did not convinced you, take a look at their mentions in media (to save just the best of it, they were collaborating with Nasdaq, Coin Telegraph, Bloomberg, FXEmpire and the list can go on.

If you want to find more about being a Bityard partner, then you may need to watch this video. I know, I know, I am giving you homework, but in order to be prepared you may need to learn about it.

Their referral affiliate program is great, and I will speak a bit more about it later on this post. Until then, let's see why Bityard is one of the leading one-stop platforms for trading in South Asia, and not only there. First of all, we got professional contract trading and spot trading services, and all kind of popular global assets such as cryptocurrencies, forex, indices, and commodities, with advanced trading tools including copy trading and grid trading bot to make a user-friendly experience more enjoyable for all the investors, at any level of competency. You can find everything you need under one big umbrella, on the same website. We have the spot market, where they continuosly add new trading pairs, some of them hard to find in any other place. We have perpetual futures (a special type of future contract with no expiry date) grouped in Main perpetual futures (13 most used cryptocurrencies) and Innovation perpetual futures ( 30+ of the new, emerging cryptocurrencies). And on top of that, we have Contracts for Differences (CFDs) for 43 cryptocurrencies, 11 derivatives and even 7 FOREX ( AUDUSD, EURUSD, GBPUSD, USDCAD, USDJPY USDCHF and USDNZD).

And here we are, looking at one of my favourite features on Bityard, the Copy Trade. There are quite a few similar features on some platforms, but this is an easy to use one, with the option to follow some of the traders, more than one, and to observe their performance for a while. The traders informations are quite interesting, as you can see for yourself:

There is a whole section on copy trade on their Support page, and you can check it in here: Copy Trade.

If you want to buy crypto, with real money, the only token that you can use to pay or to withdraw is USDT (Tether), and this is maybe the only one inconvenient that I found on the platform. You have 3 options at the moment, and this is good, as you can use the most profitable one when you needed.

There is also implied that stocks will be soon traded on Bityard, but this will be one difficult move to achieve in America, courtesy of SEC. What else, oh, the fees. This is one of the main reasons for me to make it or break it, when it is about buying or selling crypto. These are so many platforms that are literally into the bussiness to make money for themselves, and not to support their users. Luckily for us, Bityard is not one of them. Quick recap, we got 0.1% fees for both makers and takes on all the Spot trading pairs, between 0.10 and 0.15% transaction fee for every conversion, a 0.075 to 0.5% transaction fee for CFDs, mainly divided in two (using this formula: opening fee = Margin*Leverage*0.05%, closing fee = Margin * Leverage * 0.05%). As for derivatives, we got opening fee = Margin*Leverage*0.025%, a closing fee = Margin * Leverage * 0.025%, and I must to warn you that BitYard will pre-deduct opening and closing transaction fees [0.05%%] when opening a position, and will no longer charge it when closing a position.

If you are a Smartphone user, you can use the Bityard app on both Apple and Android devices, and you can find more info about how to do that here. And here we are, finding more about their awesome affiliate program, thanks to their extensive Bityard Help Center. (By the way, you get other than English options for the language used for the website, if you need to be more comfortable while doing your trading). So, once you registered, you will have a referral link available, on a formar similar with this one: https://bityard.com/?ru=pwNyhA . You can use it on all the most prominent media platform, for a hefty 40% commision on all the trading fees. Something that I only found on Bityard, you have real time settlement and real time data updates, with a very detailed report in order to understand your refferal link starts and your commision reports. In case I did not mentioned, there is a multi-level commision going as deep as 4 levels of refferals, for indirect rewards.

In conclusion, Bityard is a great platform for trading, with unique features and opportunities, great for beginners and advanced users alike, specially suited for both hyperactive or passive income types of people. My only issue with them is that you can only withdraw Tether (USDT) from their platform, but this is just a slight inconvenience, as I mostly use them USDT as a deposit on my Celsius account for extra interest.

May the force be with you my friend, and good luck.

George