BitYard – One-Stop Trading Platform Solutions for Blockchain Traders
Undoubtedly, the coronavirus pandemic has increased the value of cryptocurrencies. Since the start of 2020, prices for bitcoin and leading digital assets have surged to record levels, attracting retail traders, institutions, public companies and even governments. Currently, for example, MicroStrategy, listed on the NASDAQ, is the largest whale holding BTC. At the same time, El Salvador is the first country to make bitcoin legal tender.
More than 100 pairs for spot trading from deposits
BitYard is a multi-agency regulated cryptocurrency exchange established in 2019. The platform supports various aspects of cryptocurrency trading, including spot trading. The top supported cryptocurrencies include bitcoin, ethereum, litecoin and other digital assets in the top 100 cryptocurrency leaders. All this meets the needs of experienced traders and beginners who can trade liquid cryptocurrencies and store them on exchange wallets.
In addition to geographic aspects, BitYard is also regulated and has four licenses that govern its operations. BitYard is compliant with the Estonian Financial Regulatory Authority (MTR), the US Financial Services Authority (MSB), the Australian Transaction Reporting and Analysis Center (AUSTRAC) and finally the Singapore Business Authority of Singapore.
BitYard's decision to adhere to and abide by the cryptocurrency guidelines set out by the world's leading crypto-currency centers is a positive thing for its traders and, by extension, for the exchange. BitYard is able to quickly introduce new products in accordance with the law set by the regulatory authorities and confidently offer them to its users around the world.
At the same time, they support deposits and withdrawals of fiat currencies through BANXA, unlike some crypto exchanges that are prohibited from linking their platforms to users' bank accounts due to regulatory hurdles. As a selection criterion, traders should avoid crypto custodial exchanges that circumvent established laws despite holding user funds as this is a red flag.
Now you have a solution: stay on an exchange that offers over 500 spot pairs and access the market with almost zero fees, whether the market is bullish or bearish, you can forget about fees! From Zoo to Moon, everything you can get at BitYard.
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CoinShark is not responsible for any content, accuracy, quality, advertising, products or other content posted on the site. The article is for informational purposes, based on information from open sources and is not a proposal for action. The financial market is dangerous and full of risks, investments in cryptocurrencies can lead to losses. Users should do their own research and analysis before taking any action.