Review on BYDFI by Joseph Bello

BitYard is an online trading platform specialized in crypto transactions. It was established in 2019 as one of the digital brokerages that give traders direct access to interact with a variety of the most actively traded altcoins and tokens in the crypto market. Being able to interact with virtual assets can be quite risky without the help of exchanges and so they have evolved to be a handy component of the virtual currency economy.



One of the reasons I was quick to register and start trading on BitYard in 2020 was because of its regulation and recognition as a legitimate trading platform and so I had no issues trusting them, considering the good reviews and ratings about them online from other users. With my little experience in the crypto market, I've come across several exchanges that weren't regulated and ended up being a Ponzi scheme created to exploit traders and so I've kept my distance from unregulated ones.



The registration process was easy, and in less than 5 minutes my trading account was registered after which I completed some other account requirements. Making my first deposit wasn't a problem since both Visa, MasterCard, and crypto were all supported by the exchange as a means of making deposits. I was amazed to see discover that I could still access some important trading features without KYC, unlike exchanges like Binance which makes it extremely difficult to trade without KYC documents.



Trading the futures market comes along with many risks and anyone starting up will certainly forfeit a lot of money before gaining mastery of the market, understanding the charts, indicators, and a bit of fundamental analysis on how to perform such a trade. BitYard provides two solutions to this, one is a demo account and the other is a copy trade menu. Those who want to perfect their professional trading skills can do so through a demo account without any loss and once they are good at it they can start trading with money.



The copy trading is what I find very interesting about BitYard it's creating an opportunity for both seasoned and newbie traders to make a passive stream of income from the market leveraging the knowledge of the seasoned traders in the crypto market.



BitYard displays the trading status of top futures traders highlighting their progress trading over weeks and months with the returns they have generated, this allows users to select whose trading pattern they would prefer to leverage and profit from without having to rack their heads making all sorts of preparation and studying the price chart to make a profit. The traders whose trading technique's are copied aren't left out uncompensated since they will also be earning 8% of the profits those copying their techniques are making.