Bityard's criteria is "Complex contracts, simple transactions"
The cryptocurrency market is currently developing strongly, along with the appearance of many exchanges with many forms of exchange such as derivatives, leverage... This makes investors confused when must choose for themselves a platform to invest. Among these, Bityard is the name that has attracted a lot of attention with more than 500,000 users Evaluate the pros and cons of Bityard exchange
*Strong point:
1. Support 8 languages, 16 currencies, provide reputable service in more than 150 countries
2. Can be used on mobile apps
3. Only one type of transaction fee and also very low
4. Trading volume 2$-20,000$, high liquidity
5. Fair and transparent trading price, aggregated from 3 major exchanges: Binance, OKEx, Huobi
6. Attractive referral commission mechanism 5%-60%
7. Support 8 languages, 16 currencies, provide reputable service in more than 150 countries
8. Copy Trade for futures contract trading
9. Continuously list hot coin pairs to serve the needs of Traders
*Weakness:
1. There are only 2 type of trading: Future and Spot
2. No direct withdrawal feature to bank account yet
3. Communication channels have not been strongly advertised
Bityard's drive towards innovation
Attract more users to become the leading Exchange by adding the following additional features
Focus on developing BYD coin, increase its value
Expand the commission fund, add more interesting contests (AMA, Airdrop, Loyalty Rewards, Multi-reward trading). I was one of the winners of the AMA selected question with Enucuum last time and I got 400 ENQ equivalent to $36, I feel great and I wish Bityard has more interesting AMAs like that again.
Open more mining, farming, staking pools so that holders have a place to hide for their long-term investments. Add Lending function, which is trending on exchanges
Research more about NFT
Added Launchpad function
Add P2P mechanism for users to be able to withdraw money to bank account for users to be able to withdraw money to bank account
Expanding to Youtube, Tiktok media channels with short instructional clips or advertisements If you're not moving forward, you're stepping back I hope that in the future Bityard can overcome its shortcomings and gradually add missing features for future development
Polkadot
Cash flow will flow to this ecosystem in the fourth quarter of 2021 after Solana Polkadot (DOT) is a multi-chain (Multi-Chain), heterogeneous and scalable blockchain network technology. Multi-chain is the core technology that helps Polkadot's ecosystem to thrive as it is now. Through Multi-chain, other organizations can completely build a Blockchain system that runs directly on Polkadot's network. This is similar to ERC-20 tokens that run on smart contacts of the Ethereum network. And this is the scalability of the Polkadot network. Polkadot is like the youth emerging in Crypto and dispelling all doubts about it, the old networks are almost obsolete and cannot completely solve the problem of transaction fees and transaction speed.
-TVL: $42,874,211,672
-Trading volume: 5,087.486,904$
- Price: $41.15 (up 18.2% from 30 days ago and up 868.9% from a year ago)
Most popular platform coin reps experienced very strong growth through most of the September period. But there is one “giant” that has yet to show a clear breakout compared to many other competitors. , that is Polkadot (DOT). Personally, I hope there will be an explosion from Polkadot after completing my pieces.
Thank you for your interest in my article a newbie in the field of cryptocurrencies
Thank you, Bityard and PVMihalache for giving us this opportunity.
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good friend hard work