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Review on BYDFI by Mehdi hazni

Revainrating 5 out of 5

BitYard cryptocurrency exchange review

BitYard exchange has a simple structure and at the same time is full of features. This exchange supports all types of futures and spot trades. An interesting feature of this exchange is Copy Trade, which has made things easier for users who are interested in this type of trading.

After registering and logging in, the Mystery Box Exchange offers. It also gives gifts to do KYC.

The spot section offers two types of trades, one of which includes trades with the possibility of stopping and other facilities of spot trades that it offers in most exchange offices. A simpler type of trading is offered by this exchange, which is of the convert type, which is suitable for people who do not have experience in the field of trading and only intend to buy cryptocurrency. In this method provided by BitYard exchange, the desired currency can be purchased only by selecting the source and destination currency.

Updated 2 years ago
Rating changed from 4 to 5

I made a general introduction about this exchange in the original review, but in this review I want to share some of my experiences in this exchange.

I received a MysteryBox!

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I didn't do anything weird to get a mystery box. I set only one password for Anti-Phishing, which took me less than 20 seconds. By doing that I was given a lucky box and by opening it I was able to get $2 off my trades.

See, in fact, the main income of exchanges is from the fees they charge. And Bityard gave me a discount on the fees very easily which is great. There are other ways to get other mystery boxes that maybe if we do all of them we will get a special bonus beyond the fee discount.

I checked the Derivatives section more

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The Derivatives section of this exchange includes all types of trades with coefficients. This section itself is divided into several other sections. In this section, there are pairs based on stablecoins and pairs based on coins. Of course, in my opinion, trading in pairs based on coins is more complicated. So I prefer USDT-Ms.

There is also a section called Lite Contracts in Derivatives which is great for futures amateurs. Trading in Lite Contracts is extremely easy.

The Affiliate Program at this exchange is amazing!

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In most cryptocurrency exchanges, there is an Affiliate Program, and Bityard exchange is also possible. So, in general, having this feature is not a strange thing. But the amazing thing about this exchange is that the possibility of receiving commissions is not limited to directly invited people. This exchange has provided the possibility of Multi-level Commission for the Affiliate Program, where the user can receive commissions from the people of his sub-categories under unique conditions.

Unparalleled support via LiveChat Widget

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Chat Widget is available on most exchange websites. But there are many of these widgets that have various problems. That's why I tried Bityard's support program to try it out.

At first, after sending the bot message, this system answered me. And I was a little disappointed. But after giving me the FAQ, it also gave me the "Get in Touch" option. I hit this option and after writing my profile I waited to see if support would connect me. Miya connected me in less than a few seconds! In many exchanges I waited several minutes for a response. Bityard did well.

There was no limit for deposits!

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Another positive point in my review of the Bityard exchange was that there were no limits on deposits. In many exchanges, we see that the system warns that deposits less than one amount of credit coins will not be added to the account! But I checked the deposit section for several cryptocurrencies and for all of them 0 was the acceptable deposit amount.

Low withdrawal fees with the help of BSC network!

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There are some big blockchains that charge a lot of fees for each transaction. Exchanges also require high fees to perform transactions through these exchanges. This is why withdrawing for BTC currency costs a lot in many exchanges. In Bityard, if we want to withdraw BTC, we have to pay 0.0002 BTC, which is about 5 usd at the time of writing this review! Of course, this amount is not so much, but Bityard has also made a better contribution. We can withdraw BTC from the exchange through the BSC network. The fee to withdraw BTC currency from Bityard through BSC is 0.0000049 BTC, which at the time of writing this review is only 0.1 usd! This is really amazing!

Pros
  • Simple user interface
  • Full facilities compared to other exchange offices
  • Copy trade feature that less exchange offers this possibility
  • Release of mystery box after registration
Cons
  • Low reputation compared to many cryptocurrency exchanges

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