BitYard

BitYard

USDT, USDC, BUSD, EUR and GBPCurrencies
Singapore 2019Country

Quick overview

Deposit

Crypto, Fiat, Credit Card(Visa, MasterCard) and SEPA

Withdraw

Crypto, Fiat


Overview

BitYard is the online platform for crypto exchange and is structured to assist in crypto trading - the speculation on cryptocurrency price movements. Since crypto trading is done through BitYard, users can sell and exchange underlying coins into real cash. In a way, it is becoming more popular nowadays that NFT games are going viral everywhere. 

BitYard was established last 2019 based in Singapore and supports on-the-spot trading of hundred or more coins. It falls in the regulatory authorities of the following: 

  • The American Money Services Business – MSB.
  • Estonian Financial Regulatory Authority – MTR.
  • Australian Transaction Reporting and Analysis Center – AUSTRAC.
  • Business Administration of Singapore – ACRA

Through the CFD trading platform, the Crypto exchange of BitYard assists operations regarding trades of commodities, indices, forex, and cryptos. BitYard is pretty simple in accommodating the newbies in investing so it gets more convenient. It also contracts and launches a perpetual grid trading system and contracts trading services, another innovation to cryptocurrency trading. 

Website Interface: Is it friendly enough? 

Bityard’s website is easy to navigate from its looks. At the upper portion of the website, you will see the main menu, including the markets, buying of crypto, spots, futures, and copy trade. You can also find the login button on the main menu. As you scroll down the home page, you will see real-time data of cryptocurrencies such as BTC, ETH, BCH, and XRP. The website’s registration and authority to operate are also displayed on the home page. The interface is friendly enough as information can be easily discovered if you explore the items on the main menu. 

Customer Reputation of BitYard 

The customer reputation of BitYard as a currency exchange platform remains to be balanced. Some customers are willing to give five stars and some are not. However, that is only common in every software. Some customers state having difficulties in logging in but another will rate and say that it was perfectly the thing he was looking for. With loads of people visiting monthly, you really shouldn't expect an always positive review. 

Some people may find it useful and some may not. Either way, the customer service remains the same. BitYard is always open for live chats and emails to guide every user in their Crypto journey. So, if you have been looking for their contact when you have any inquiries, you can get it below. 

Email: If you hold any queries regarding the topic, you are free to open support@bityard.exchange.

Telegram: https://t.me/BityardEnglish

Facebook: https://www.facebook.com/BitYardofficial 

YouTube: https://twitter.com/BitYard_Global 

Twitter: https://twitter.com/BitYard_Global 

 

Privacy and Security of BitYard 

Security is a top priority for BitYard. It has multi-layer security where users must utilise numerous levels of protection in combination with 2-factor authentication. These are some of them:

Phone Binding - Individuals must provide a security code on their phones to make withdrawals. You'll need a code to change passwords and implement modifications to account security settings.

Email Binding - By enabling Email Confirmation, users will be required to submit a confirmation code to make transactions. To set passwords and make changes to account security settings, users must input a code.

Pin Setup - In making any remittances from the BitYard platform, users must first set up a Pin. Each time a user withdraws money, they must input their Pin.

Management of withdrawal addresses - Individuals can include withdrawal contact information to make it easier to withdraw cryptos.

Wallet Security: BitYard maintains unique digital content in offline deep cold storing accounts for security. For withdrawals and deposits, the platform also employs multiple signing encryption.

Security of the Trade Aggregation Engine: It is written in the kdb+ programming language, which would be commonly utilised by massive economic organisations in their elevated trading algorithms.

Deposit and Withdraw 

As you've seen in the list pairings earlier, you can now deposit your payment at Chainlink, Ripple XRP, Dogecoin, Ethereum, Bitcoin and mode. BitYard also allows individuals that are located in Indonesia, Mainland China and Vietnam to deposit their currency. Here are the deposits and withdraw details of BitYard. 

To deposit, 

  • Add coins by selecting "Deposit" on your page's upper right corner and selecting the coin you wish to deposit.
  • When you pick "Coin" from the drop-down menu, the deposit address and QR code for the selected coin (if available) will be shown.
  • USDT (USDT-Erc20 and USDT-Trc20) is one of the coins that BitYard accepts for deposit, as well as Bitcoin, Ethereum, Litecoin and other cryptocurrencies.

To withdraw, 

  • Make a withdrawal from your assets page by clicking on the top right-hand corner "Withdraw" button and selecting the currency you want to withdraw.
  • In order to withdraw a coin, pick the coin you want to withdraw from the drop-down menu, and if possible, select the Chain Name from the drop-down menu.
  • To manage your withdrawal address, you may simply enter in the label of your address in a designated field. Click "Manage Address" and you'll be sent to this page if you haven't yet entered your deposit address to the system.
  • Check to see whether you have enough money to input the proper amount.
  • Please set your PIN before entering it if you haven't already.
  • Please press the "Confirm" button when you've done.
  • The daily withdrawal limit depends on the chosen coins and whether or not KYC has been successfully completed.
  • 9:00-21:00 Singapore time is the withdrawal service's operating time.

Both fiat and crypto currency deposits are free at BitYard. Withdrawals, on the other hand, are subject to a fee.

Coins listed 

Currently, there are nine available cryptocurrencies supported by BitYard, which include Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Bitcoin (BTC), and more. 

Click this for a view of BitYard's Spot Crypto Pairings' complete list. 

Verification requirements

Verification requirement policies are designed to avoid and limit the danger of BitYard getting engaged in any criminal conduct, such as money laundering or identity theft. The policy of Bityard covered the following: 

  • Verification procedures.
  • Sanctions and PEP lists screening.
  • Compliance Officer.
  • Monitoring Transactions
  • Risk Assessment.

Buy and sell limits

Here are the daily withdrawal limits for BitYard. 

Coins

 Wthout KYC

 KYC

 USDT      

 2000

 100,000

 USDC

 1500

 100,000

 ADA        

 500

 33,000

 BTC

 0.1

 2

 ETH

 3

 27

 XLM

 4400

 290,000

 DASH

 7

 400

 BCH

 2

 150

 LRC

 3000

 200,000

 TRX

 18,000

 1,200,000

 XRP

 1500

 66,000

 DOT

 50

 3500

 EOS

 300

 20,000

 YFI

 0.04

 2.8

 MKR

 0.5

 30

 COMP

 20

 5000

 LINK

 60

 4000

 BAT

 1700

 120,000

 LTC

 10

 5000

 KNC

 700

 50,000

 ZRX

 1500

 100,000

 OMG

 200

 11,000

 REN

 2100

 140,000

 ANT

 500

 20,000

 ENJ

 700

 50,000

 MANA

 1600

 100,000

 ATOM

 75

 5,000

 STORJ

 1000

 70,000

 SAND

 1500

 100,000

 XTZ

 300

 18,000

 ONT

 1500

 90,000

 FIL

 18

 1250

 UNI

 50

 3,000

 ALGO

 1500

 90,000

 BAND

 150

 11,000

 SNX

 150

 6500

 AAVE

 3.5

 400

 ETC

 22

 1500

 ZEC

 10

 625

 ZEN

 20

 1300

 CRV

 625

 42,000

 SUSHI

 100

 7000

 CVC

 4200

 280,000

 ALPHA

 1500

 85,000

 1INCH

 519

 33,000

 UMA

 100

 7000

 GRT 

 1500

 100,000

 WNXM

 20

 1400

 DOGE

 20000

 100000

 KSM

 5

 300

 MATIC

 950

 62,000

 SOL

 20

 1300

 NEAR

 280

 18,000

 EGLD

 10

 666

 SXP

 450

 25,000

 LUNA

 50

 3300

 OGN

 1500

 90,000

 XMR

 5

 320

 KAVA

 180

 12,500

 IRIS

 12,000

 38,000

 FTT

 30

 2000

 FTM 

 2500

 170,000

 BTT

 375,000

 25,000,000

 BAL

 45

 5000

 OCEAM

 1500

 100,000

 BNB

 3

 210

 SFP

 1000

 66,000

 CAKE

 75

 4300

 DODO

 1000

 62,500

 LIT 

 300

 18,000

 REEF

 60,000

 4,000,000

 UNFI

 100

 7000

 XVS

 20

 1355

 AVAX

 30

 2000

 CHZ 

 3300

 250,000

 HOT

 150,000

 10,000,000

 VET

 11,500

 760,000

 SHIB

 180,000,000

 12,000,000,000

 TKO

 650

 43,000

 FLM

 2100

 140,000

 ZIL

 15,000

 1,000,000

 BAKE

 500

 33,000

 ICP 

 22

 1500

 

Countries supported 

With over 500,000 users across 150 countries, Bityard have a global footprint.

Does Bityard have any restrictions?

Bityard is currently open to 150 countries and so far, the only major restriction is its policies on AMLA and identity verification. The platform’s AMLA policy includes verification procedures, sanctions and PEP lists screening, compliance officer, monitoring transactions, and risk assessment.

Mobile App

Bityard offers a mobile app that can be downloaded on iOS and Android devices. To download, follow these steps: 

  • iOS users can download through-> Apple Store
  • Android users can download through-> Google Play or other app stores.
  • APP download QR code (Google Play & Apple Store): http://onelink.to/29g5h3

Customer Support 

Bityard’s customer support is very extensive as you can reach out to them through different platforms such as their website, Facebook, Twitter, Telegram, and email. However, there are no enough data detailing the experience of customers in terms of talking to the team who handles support. 

Pros

Here are most of the advantages that you can experience upon partnering up with BitYard currency exchange: 

  • Demo Account. Most often, it is allowed to new and old users to familiarize themselves with the process of the platform. Hence, they can do trading live more confidently. 
  • Copy Trading. Through the advanced system for copy Trading of BitYard, everyone can use or imitate the strategies of the World's available top-listed traders. It means that they will have the advantage of just copying. 
  • Leverage. Every trader is allowed to improve their yields because BitYard can put high leverage offers for the CFDs. 
  • Multiple Product Platform. The exchange currency of BitYard supports crypto trading from spot and CFD. Moreover, anyone can also trade commodities, forex, and indices - which is a good investment. 
  • Verification. Every trader can take advantage of specific features within BitYard without the need for Verification/KYC process completion. 
  • Fiat Purchase and Registration. Anyone can get USDT which has a Fiat currency. Plus there are low fees regarding all the services and registration. 
  • Customer Service. The service for customers is top of the class as BitYard offers contact in multiple mediums such as message, email, and even live chat. 
  • Regulated. The platform of BitYard has multiple licenses from different jurisdictions, which makes them more trustworthy and reliable for investments and currency exchange. 

Cons 

If BitYard has a disadvantage, it's the fact that the users have too limited access in the withdrawal of USD Tether. However, it can be changed in no time so it's not that big of a deal. 

BitYard staking rewards

You can earn money by staking crypto. Staking is a awesome way to maximize your holdings in staking crypto with BitYard. Once you have staked your coins you can earn staking rewards on top of your BitYard holdings and grow them by compounding future rewards.

  1. Buy or fund staking assets to your crypto account on BitYard
  2. Select crypto to stake - check available crypto bellow
  3. Earn staking rewards from your staked crypto

Available cryptocurrencies

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BitYard
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