Bityard is a cryptocurrency exchange that is located in Singapore. They provide their traders with the Bityard trading platform, which is available in the web and mobile versions and is used for trading multiple cryptocurrencies, such as Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, XRP, and more. There is a range of educational materials on their website, as well as a customer support team to assist traders. The Exchange adopts a range of measures to ensure the security of their clients’ funds.
Bityard Review Introduction
In this Bityard review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers including Bityard.
Bityard Platforms & Tools
The Exchange has a proprietary Bityard trading platform that was developed in-house for trading the available cryptocurrencies. The platform is available as a WebTrader that runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge, without need for any installation, as well as in an installable mobile app designed for Android and iOS devices, which can be downloaded from the respective app stores. The mobile platform allows traders to manage their accounts and place trades while on the move, provided there is an internet connection. However, the Exchange lacks any standalone trading tools at the moment.
Bityard Research & Education
Traders get access to educational materials to enhance their trading skills and knowledge whilst keeping them informed about market events and trends. These include the Announcement Section, which contains updated news on the latest happenings in the financial markets; some Beginner Guides, and an FAQ Section that comprises common questions that traders have and their answers.
Bityard Trading Accounts
Bityard offers a live trading account, which allows traders to trade multiple cryptocurrencies through their proprietary trading platform, and a demo account that clients can use to practice risk-free trading with virtual funds.
Bityard Account Funding
The Exchange provides traders with multiple cryptocurrency wallets, such as USDT-TRC20, USDT-ERC, USDT-OMNI, Bitcoin, Ethereum, TRX, XRP, EOS, and more, for deposit and withdrawal purposes. Clients must ensure they enter the correct wallet address in each case. The base currency is Tether, whereas the minimum deposit allowed is 15 USDT.
Bityard Customer Service
Bityard has a customer support team that is available 24/7 to respond swiftly to clients’ inquiries. They can be reached via Live Chat, email, and social media. However, telephone access is absent at the moment.
Bityard is regulated and licensed under Singapore’s ACRA, the USA’s MSB from Financial Crimes Enforcement Network which belongs to the United States Department of the Treasury; Estonia’s MTR, and Australia’s AUSTRAC.
Several measures are put in place by the Exchange to ensure the security of clients’ funds and accounts from hackers.
Bityard Review Summary
Bityard is a cryptocurrency exchange that is regulated in multiple jurisdictions and has been operating since 2019. They provide their own trading platform, which is available in the web and mobile versions, and offer multiple cryptocurrencies. Traders can benefit from some useful educational materials provided, and there is a client support team that is available round the clock to assist them with their trades. The Exchange offers one live trading account, but there is a demo account that is available for practice purposes.
It is worth mentioning that some of the trading products and services in this Bityard review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Bityard broker website which you can visit by using the link below.
The trading of cryptocurrency contracts involves a significant amount of reward or risk, especially with leveraged trading. Each client should trade with caution, conduct proper research on this market, and educate his or herself of the risks associated. Finally, never trade more than you can afford to lose.