Review on BYDFI by Namakando Namakando

Bityard is a definite must-have crypto exchange. It currently boasts of about five hundred crypto trading pairs. You can also trade derivatives on the platform.



Signing up

Signing up on Bityard is a very simple process. It literally takes less than thirty seconds for a new user to register on the platform. There are two ways in which you can open an account; one is via the website and the other is via the app. The Bityard app is available on both Android and iOS platforms. Then you can choose to open your account using an email address or using your phone number. Whichever method you choose, the confirmation code will be sent to you through that. Basically, as soon as you enter the confirmation code that was sent to you via email or SMS, your account is ready to go! Unfortunately, not all features will be available to you until you complete your KYC. For example, you can only withdraw minimal amounts of crypto without KYC.



There are a lot of perks and goodies that await you as a new user of Bityard. You receive some bonus for completing certain tasks on your account. If you check the image below, you will see that that some amount of USDT will be credited to your account when you conduct a trade, or when you surpass a certain amount of trading volume. These bonuses will amount up to a total of 258 USDT. You can unlock it all if you complete the milestones. Unfortunately, these funds are not withdrawable. They can only be used to pay for trading fees. That's a bummer!!







Contract trading and trading fees

Bityard is very easy to use. It should definitely be among the most user friendly trading platforms. First of all, the user interface is very simple. Everything is easy to find. The language in the menus is straightforward. There are drop down menus to navigate easily and find what you are looking for. The windows can be customized to suit your preference, which improves the user experience on the platform. So you can make some windows bigger, smaller, or remove them from view.

Bityard also has put in measures to protect traders. For example, trading is done on an isolated margin, which means you will not be liquidated because your margin is separate from your trading positions. There is also copy trading. This is a feature that allows less experienced traders to simply copy the positions of more experienced traders.







Safety and security

In the management of digital assets such as crypto, one of the most important elements is security. Users would like to be assured that their funds are safe. Therefore, Bityard uses several industry-standard features to guarantee that your funds are well taken care of. They use two-factor authentication, login history verification, PIN verification on withdrawal and monitoring of suspicious activity on users’ accounts. The crypto assets are also kept in cold storage, which minimizes their exposure to hackers.



Customer support

Customer support is available 24/7. There is a live chat function on the website that can be used to initiate communication with customer support. Additionally, they can be reached on different social media platforms including Twitter, Facebook, Telegram, and LinkedIn.