In the world of trading, dozens of old exchanges started their activity more than ten years ago. Most of them have a good reputation and are popular with traders. However, younger competitors have begun appearing in recent years who do not hide their leadership ambitions. One such platform is BitYard. It is developing rapidly and is considered to be very promising. To study it as well as possible, you must read our BitYard review.
Brief information about BitYard
BitYard is a young and rapidly growing exchange. It originated in 2020 and quickly became popular among traders. Its owner is BitYard Blockchain Ltd., registered in Singapore. This company has also recently started operations, so its production is growing. Some traders have a question, is BitYard legit? This is due to the need for more information about the company, its management, and its employees. However, the answer to this question is given by hundreds of thousands of satisfied customers who leave a considerable amount of positive feedback. In addition, the company has four licenses and is controlled by several status regulators.
BitYard is called one of the most versatile platforms for cryptocurrency trading. It makes it possible to trade various crypto assets and profit from them. The official website of the exchange is quite simple. It has a multilingual interface, which is essential for customers from different countries. In addition, the exchange has a BitYard app. This mobile application allows you to stay in touch with the site and not miss a potentially profitable deal.
BitYard has relatively low fees compared to most of its competitors. This is done intentionally to attract the attention of more customers. However, there is no guarantee that costs will increase shortly. However, now you can use the right moment and get the maximum profit from trading crypto assets.
To use BitYard, you can have a university education and extensive experience trading digital assets. It is enough to perform all the necessary actions and not violate their correct sequence.
- Go to the official BitYard web resource and select “Get Started.”
- A registration form will open for you, where you enter a small amount of the required data into the empty fields.
- Click “Get Started” again, and you will receive an email with a special code after a few seconds.
- Please enter it in the appropriate line of the registration form.
- If everything is done correctly, then you will be able to log into your account.
- Next, go to the “Account and Security” section. There you change the authorization settings and save them.
- At the next stage, go through the verification procedure. To do this, provide scans of the necessary papers and wait for their verification.
- After that, fund your account and start trading.
Having basic knowledge and understanding of the principle of operation of BitYard, you can use 50% -60% of the capabilities of this exchange. To increase this percentage, it is necessary to study the essential features of this platform.
- Referral program. BitYard differs from many competitors in its tiered system. It gives a chance to earn up to 60% of the commission fees for transactions of all attracted users. This percentage is set for referrals of the first level. For the activity of invited users of levels 2-4, income will be proportionally reduced. In any case, a trader can receive an additional source of income, which is never superfluous.
- Safety. This aspect of the exchange does not raise questions from traders. To protect personal data, multi-stage authorization is used, which provides for the addition of a standard password with SMS confirmation. Such a system also works in the case of some financial transactions (for example, withdrawal of funds), but to activate it, you need to change the settings in your account. In addition, the latest encryption methods are used, which exclude account hacking.
- Support. Troubleshooting or getting answers to your questions is available to all BitYard customers. To contact the exchange representatives, you must use the feedback form. In this case, waiting for an answer will take several tens of minutes. Contact us through the Telegram channel or social networks if you need to speed up the process. So you can communicate with the operator almost instantly. In addition, a chat has been implemented on the site to resolve user issues. The bot consultant built into it will provide the correct answer or set the right search direction.
- Mobile application. It is similar to the computer version of BitYard. This allows traders to adapt to the interface used and avoid mistakes quickly. The application is relatively compact and not too demanding on the parameters of the gadget. Thanks to this, it is available to owners of even slightly outdated devices. To download it, you need to go to the official app store or click on the appropriate link on the BitYard official website.
Looking at various BitYard reviews, it is easy to understand that this site has many positive qualities. They all form the image of a reliable partner with whom traders can safely start cooperation. BitYard also has some negatives, information about which is not available in all sources.
- fast development
- known regulators
- many licenses
- low commissions
- simple platform interface
- site in several languages
- affiliate program
- the efficiency of the support service
- almost 0% of negative reviews
- overstated amount of the minimum withdrawal of funds
- dangerous operation of the site
BitYard is a growing and rapidly gaining popularity exchange. It considers all the mistakes of its predecessors and creates ideal conditions for crypto trading. The site has an official license and does not hide the desire to conduct its activities honestly. All this distinguishes it from the background of competitors and makes it as attractive as possible for traders.