Undoubtedly, the coronavirus pandemic magnified the significance of cryptocurrencies. From early 2020, Bitcoin and leading digital assets prices have risen to record levels, attracting retail traders, institutions, governments, and public companies. Currently, for example, the NASDAQ-listed MicroStrategy is the largest BTC whale. At the same time, El Salvador is the first country to make Bitcoin legal tender.
How to hold coins on different exchanges?
Over 100+ Spot Trading pairs with Fiat Deposit Support
BitYard is a multi-agency regulated cryptocurrency exchange established in 2019. The ramp supports various aspects of crypto trading, including spot trading of the crypto market. Leading cryptocurrencies supported include Bitcoin, Ethereum, Litecoin, and over ten other digital assets, mainly in the top-100 in the crypto leaderboard. This caters to the needs of newbie traders who may want to trade liquid cryptocurrencies and hold them through the exchange’s wallets.
Beyond geo aspects, BitYard is also regulated and holds four licenses guiding its operations. BitYard complies with Estonia’s Financial Regulatory Authority (MTR), the U.S.’ Money Services Business (MSB), Australia’s Transaction Reporting and Analysis Center (AUSTRAC), and lastly, Singapore’s Business Administration of Singapore.
The decision by BitYard to adhere and comply with crypto guidelines laid out in some of the world’s leading crypto hubs is a net positive for its traders and, by extension, the exchange. BitYard can quickly release products within the law as spelled out by regulators and offer them confidently to its global clients.
At the same time, they support the deposit and withdrawal of fiat currencies via BANXA, unlike some crypto exchanges that are barred from linking their ramps with user bank accounts because of regulatory obstacles. As a selection criterion, traders should avoid custodial cryptocurrency exchanges that skirt laid down laws despite holding user funds, as this is a red flag.
Now you have a solution, hold on to an exchange that offers over 500 spot pairs and get access to the market with close to zero fees, whether the market is in a bull market or a bear market, you can forget about the fees! From Zoo to Moon, all you can get in BitYard.
How to protect and gain more from market?
Inverse Perpetual Futures and Lite Trading of CFDs
Besides supporting buying of supported cryptocurrencies, BitYard also supports derivatives trading and has enabled copy trading.
On the table are various derivatives including Lite Trading or Contract for Differences (CFDs) for intermediate and experienced traders where they list various instruments including indices, Forex pairs-majors and exotic, precious metals like gold, and commodities like Oil and Natural Gas. In the medium-term, they have indicated plans to support inverse perpetual futures trading.
These products offer more flexibility for traders–enabling them to make even more from market volatility. The exchange plans to support the grid trading system and launch perpetual crypto trading services for its global clientele in the days ahead.
With a global outlook, BitYard is multilingual, supporting various languages, including English, Russian, Chinese, Japanese, and more.
BitYard also runs an affiliate program. Additionally, they have thus far partnered with high-profile crypto players like Paxful, Banxa, Transak, and Link to onboard more people to the rapidly growing cryptocurrency space.
Let’s Grow up your future in the Yard!
Company: BitYard
Contact Person: https://t.me/bityardmedia
Email: media@bityard.exchange
Website: www.bityard.com
Location: Singapore