4.5/5


Overview


Bityard Review

Bityard is the world’s largest crypto exchange with headquarters in Singapore. The main objective of this brokerage is to offer safe and secure crypto trading services. Currently, Bityard offers its services in more than 150 countries. The broker’s ultimate aim is to simplify its customers’ trading experience. 

Bityard was recently established in 2020 with an aim to provide a simple trading environment for new investors. 

Bityard User Interface

The trading platform of Bityard is user-friendly and very straightforward. Additionally, its chart size can be customized (increased or decreased) for a better view. You can see a list of all the available trading instruments on the left-hand side of the chart. Thus, trading charts are always at the center of the platform. Order types can be seen on the right side.

The best part of this trading platform is that its charts are highly advanced. However, the only drawback is that it lacks advanced technical analysis tools. Thus, the traders might have to seek alternatives for technical analysis tools.

Bityard Mobile App

The mobile app is available for both iOS and Android platforms. The app lets you manage most of the routine trading activities very conveniently. Just like the Bityard trading platform, the mobile app is also very simple to understand for traders. The prices and charts are as fast as in the web-based platform. The drawback of this mobile app is that it’s not suitable for the analysis part, as most of the previous prices cannot be viewed simultaneously. 

Bityard Review – Trust And Reputation

Bityard is a fully licensed and regulated broker under ACRA, MSB, MTR, and AUSTRAC. Hence, when it comes to regulations, it covers users from across the world. Furthermore, these regulators are highly recognized and trustable. Apart from regulation, Bityard uses two-factor authentication, anonymous trading, cold storage, risk audit and limited risk with the potential to earn maximum profit. Considering these features, Bityard has all the reasons to remain trustworthy for its users.

Bityard’s Fees

There are three options available for those who want to deposit through the USDt funding method: TRC20, ERC20 and OMNI. You can see the deposit options on the panel. All you need to do is move through it and click the deposit option. The deposit timing depends upon the coin type. Several confirmations are required to deposit coins, so the exact time is difficult to mention. The good thing is that you can easily buy crypto using your credit card on Board.

Bityard Review – Regulation And Fund Security

As mentioned above, Bityard is regulated by four reliable regulatory authorities. Additionally, their license number is actually legit, and you can check all the regulation-related information on the broker’s website, which is available in the form of a scanned copy. Thus, the company seems to be transparent regarding its legality.

Bityard Review – Deposits And WIthdrawal

At Bityard, withdrawal can only be made through USDt. Additionally, a minimum requirement for withdrawal is $50 plus $2 as an additional fee. Hence, you need to make a payment of $52 for making a withdrawal. However, the withdrawal process is quite simple; you just need to select the withdrawal option and enter the Tether address.

Customer Support

The FAQ section on the broker’s website covers almost everything a potential trader needs to know about the company, its services and deposit and withdrawal queries. Additionally, the website can be accessed in multiple languages, covering almost all of the crypto-traded countries. The company also offers a live chat option to traders who cannot find their answers through the FAQ section. Overall, their customer support is pretty satisfactory. One cannot find anything new about their customer support, so you can consider it average.

Bityard Review – Social Media Presence

Bityard is active on almost every social media platform, such as Twitter, Facebook, Quora, Tumbler, Telegram and more.

Conclusion

Bityard is one of the new crypto exchanges situated in Singapore. Hence, the company is still in its initial phase. However, it is a part of several regulations that is their main center of attraction. The broker has a name for offering the most straightforward trading platform for its users. Thus, Bityard is an ideal choice for traders as it has the potential to be a market leader in the coming future. 

Author myfxstreet