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Lagos
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120 Review
16 Karma

Review on BYDFI by Natasha Williams

Revainrating 5 out of 5

An exchange that has always been a part of my sojourn in crypto

For anyone about investing or trading cryptocurrencies one of the very first platforms you get to know about and utilize after acquiring in-depth knowledge about cryptocurrencies and perhaps the blockchain is a cryptocurrency exchange. Crypto exchanges are platforms that help individuals transit from traditional finance to a decentralized finance setup.



During my early days as a crypto trader in 2020, I got to know about Bityard exchange, although I was already using some other digital currency exchange before then one thing I found interesting about Bityard was the user interface. Starting as a newbie I found the previous exchange interface difficult to navigate through due to its complexity and arrange of icons on the interface to stick to Bityard, moreover, my demands as a new trader were met in terms of numbers of coins listed on the exchange.



Making a deposit was a lot easier than I expected, the deposit was available via crypto transfer and bank transfer through trader's MasterCard and Visa cards. The latter makes it frictionless for newbies with no crypto holding to get started as soon as they can without further delay.



Over the years I found the exchange security top-notch without any case of a security breach and I rate them in high esteem for that, this has been achievable by using a cold storage wallet that restricts unauthorized users from accessing funds stored on the wallet, 2FA Verification is another security layer designed to make security as tight as possible.

Having a platform that assures anyone of the safety of their asset can't be overlooked, and that's why I have some of my funds stored on the exchange since then till now.



Bityard keeps to the current market trend and is constantly making noticeable changes to the exchange interface and user experience by adding more functionalities to the exchange setup. It's one of the highly recommended exchanges I can refer to anyone based on its global coverage across hundreds of countries.

Updated 2 years ago
Rating has not been changed

A recent feature on BitYard exchange I started paying more attention to lately is the Copy trading feature. I will be explaining what the copy trading feature entails.



Bityard Copy trading feature is a model on the exchange that allows everyone trade the futures market. learning how to trade can be very challenging so the exact trading patterns of the top successful traders are disclosed to other users on the exchange to stick with and make profits. I like this cause it saves me the time, cost and resources of learning how to trade using price charts and indicator.





it's also an advantage for professional traders because for each trader coping their trading model on the exchange they an certain percentage of the profits these traders are making.





Pros
  • Easy usability and flexibility
  • Availability of multiple payment option, both fiat and crypto accepted
  • Android ,iOS and web version available for all kinds of device
  • It is a global trading platform available across different countries
  • It has a good number of actively traded coins
Cons
  • I have no objection about BitYard

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