BitYard

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. 

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.