When it comes to trading futures, one of the key factors in determining trader satisfaction is platform performance and stability of the platform that traders use. But first, let’s highlight the reasons to use Bityard:
- USDT as the standard currency for futures trades
- Can be set up and ready to trade in as little as 5-10 minutes
- Simplified interface
- One time transaction fee when a position is opened
- Kline pricing determined by the average price of three major cryptocurrency exchanges
- Rewards for users that join the platform and start trading
- Daily collectible minute amounts of cryptocurrency
- The ability to avoid slippage by placing limit-orders
Additionally, many Bitcoin futures trading platforms are registered in jurisdictions where there is little or no regulation to protect users from manipulation and hold nefarious actors accountable when and where necessary. Bityard has registered licenses to operate as a money transmitter with the American Financial Crimes Enforcement Network (FinCEN), The Accounting and Reporting authority of Singapore (ACRA), the Australian Transaction Reports and Analysis Center (AUSTRAC), and the Majandustegevuse Register (MTR) of Estonia. This gives Bityard a global presence with regards to regulatory friendliness and government cooperation where and when necessary.
Additionally, there is a very low barrier to entry with Bityard when compared to other Bitcoin futures trading platforms as per Bityard review. Have you ever wanted to practice trading Bitcoin futures but never had the chance? Bityard has a demo mode for new users to the platform. All you have to do is go to bityard.com/trade, register an account then click “Live” in the lower-left hand corner to try demo mode. You will be given 100,000 USDT for practice and practice only. You may not withdraw any of this practice money, but you can be rewarded 2 USDT for conducting a demo trade for the first time.
Finally, if you are confident in your trading skills, there are incentives for surpassing set trading volumes on the platform, making room for even more profit as you trade on the platform.
Another key distinction that is necessary for users to understand is the simplicity of the trading interface that Bityard uses. When placing a trade and watching its progress live, users like to know what progress the trade has made with a very simplified interface. Please examine the image below…
This is a short trade placed for 100 USDT at 100x leverage. The interface shows all of the information that a new user would need to know. After placing a long or short trade, users can easily identify what their profit and loss percentage is, as well as their profits in USDT and finally how much money they gain after they have paid the trading fee of 14.85 USDT. At 20x leverage, the same order would cost the user a fee of 2.85 USDT.
Finally, for your convenience, we have put together a chart below which will help you understand how Bityard is different from other competing platforms.
|License||Securities Dealer License||Financial Services Commission||MTR||AUSTRAC, |
|Minimum Margin||1 USDT||5 USDT||0.1 BTC / 1 ETH||5.00 USDT|
|No. of Assets Options||8||4||2||10|
|Max. withdrawal||None||10 BTC||None with KYC||100,000USDT|
|KYC?||No||No||Withdrawals > 1BTC||No|
|Customer Support||Email, Telegram||Email, Online customer||Email , Telegram,Online customer|
|Brand Ambassadors||None||None||None||Buakaw Banchamek|
We hope that this has been helpful. Remember to follow us on medium and register an account on our website at Bityard.com to earn up to 258 USDT in rewards. Also, don’t forget you can participate in our daily mining activities on our website!
Apart from all this, If you are a crypto enthusiast and want to know about cryptocurrency news then visit us to get knowledge. Also, You can know about Bitcoin price with live BTC to USD, BTC to EUR, and BTC to GBP price tracking on our price page.