Crypto currencies Trading and Bityard
We all being in the crypto world, use various exchanges for crypto trading. what’s crypto trading if you’re still not familiar with it no worries here I’m to explain it in few words.
Crypto trading Means trading crypto currency for fiat or other digital currencies
*Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.* (Google)
Following are the ways through which you can trade crypto
Spot trading
Spot trading is directly buying any currency and selling it in profit the easiest and secure way to trade and earn you can not only do spot trading in crypto but also in Forex trading as well.
Forex trading
In forex trading you speculate on the prices of currencies to make a profit the currencies are traded in pairs so you speculate on the currency you think will go up against the other one.
Derivative or future trading
The risky one but where you could make instant profits with Good analysis, proper leverage and stop losses
In this type of trading the trader speculate on what would be the future price action of an asset if trader thinks according to his analysis a coin will pump from its current price he’ll long it if he thinks it will go down he’ll short it.
*There are many ways of trading like commodities trading margin trading, future etc.
CRYPTO TRADING PLATFORMS
We trade the currencies on different crypto trading platforms.
Now the market where we trade crypto currencies are called Crypto exchanges.
There are many crypto exchanges some for spot trading some for derivatives trading some for margin and some for Forex trading, but do you want a platform, a secure place where you could trade your assets in all the above mentioned ways?
Well of course if you’ve hundreds of other options as well you’ll go for the best one for better experience, and smooth trades, you will try to find the best for your Forex trading, for your commodities and derivatives trading and for spot trading as well.
What if I say there’s one exchange where you can trade them all together that too smoothly? Pretty amazing right?
Well I’m not lying you can trade any way you want on one exchange and the name is..
BITYARD.
Bityard is a great crypto exchange which provides you with best user experience and where you can trade on spot, derivatives or forex whichever you prefer with low trading fee.
And Today we’ll be going to talk about Bityard, an exchange where you could do trading in spot and it also provides CFD and copy trading services as well.
Bityard was established in 2019, its headquarter is in Singapore . It is supported in more than 150 countries and it’s improving everyday to provide the users with best trading experience.
Now here’s why you should choose Bityard
Like I said it has many options that you won’t find anywhere else.
*Bityard is a CFD platform which Means On bityard you can do commodities and forex trading as well.
*It also support copy trading which is very helpful for the beginners it helps you copy trades of the expert traders and learn from them.
*And it not just offer this but much more
*It’s not only for crypto experts it’s also best for beginners and for new users it has so much to offer..
Joining bonus
If you’re new to the platform you can get a welcome bonus upto 258$ amazing right?
By joining through a simple registration process you’ll be able to enjoy the welcome bonus by doing simple tasks in the promotion section
By adding your mobile number
By taking your first demo trade
By taking your first live trade
By reaching a certain amount in trading
Or by depositing 0.5 BTC etc.
Affiliate program
*It also has a great affiliate program from where you could earn upto 40% commission through inviting people to the platform. The more you invite the more you get.😉
Demo trading
If you’re a beginner and don’t know how to trade Bityard offers demo trading with free usdt to do Practice trading so you could learn and then trade live.
You can’t withdraw the amount you’ll earn or have in demo account that’s only for practice but surely will help in polishing your trading skills.
Crypto mining
Plus it offers crypto mining as well where you can mine many currencies there and collect after every 24hrs by simply clicking on them. Then Change them to gift money and use it to pay for trading fee.
And you can mine upto 16 BYD
Convert option
*Another best part of bityard is its convert option
*We can convert some Renown Tokens into usdt without paying any extra fee.
*It has less trading fee and smooth trading experience.
Bityard happy Wednesday
It offers something to its users every Wednesday where on twitter by giving answers to simple questions you can be among 10 lucky winners who could win 10$ in different currencies like C98, XRP, BCH etc. I participate every Wednesday and I have won 3 times so far ✨This week they're offering the reward in Doge.
*You can enjoy many features of the platform without doing any Kyc but that doesn’t mean any compromise on your security.
Security measures
Your funds would be secured on bityard with the amazing security measures
You have to do the 2 factor authentication and you have to bind your mobile number, email address and set a pin and you’ll get a code for every change you do in your account like withdrawal, password setting or anything else and besides that you’ll have wallet security as well so your funds are always safe.
Great support
They’ve a great support you can contact them through email for live guidance, on twitter or Facebook they are always there to help.
So overall we can say it’s a great exchange and you could easily trade on this platform.
Miner flaws
Like we all know nothing is perfect and bityard also have some miner flaws like
*There’s a fix time for withdrawal and after the time you can’t withdraw your funds and you’ll have to wait for the next day to withdraw your funds.
*It is supported in more than 150 countries which is a great thing but it’s not supported in Pakistan and if you’re from Pakistan and love the features you’ll have to do some extra efforts to create an account there like I did.
*And you can’t trade total amount of coins but can only trade in whole numbers for example we can trade 5 C98 but not 5.5.
But like I said they're improving everyday so they're soon fix these issues.
That’s all for now about now let’s Talk about a coin that I think would fly in the Quarter 4 of 2021. And that is available on Bityard for you to buy and hodl.
ARWEAVE PERMAWEB (AR)
Arweave is A decentralized permanent data And applications storage on the Blockchain and AR is it’s Coin.
It is currently available for trading on almost all major exchanges including Bityard.
What ARweave do?
It stores your data forever, your data would be stored here permanently and it will never forget your data you can easily search and find it.
It’s like Wikipedia but on Blockchain
And you can also built decentralized applications on it. Which many developers are doing already.
How it works?
To store file or data on arweave you’ll have to pay some transaction fee in AR and then the data would be saved forever.
It’s a one time fee You’ll have to pay only one time to the site and it will save your data forever.
Why I chose AR? And why I think it would fly soon.
The supply is less and the demand is rising day by day. It is showing great strength even in dips and the project is very strong and seems bullish.
The Arweave idea is great and could be extremely successful in near future for example..
*we all know that Blockchains need to save the history of transaction network forever and that’s where ARweave could be helpful with its enabling layer 1 and 2 teams to store a copy of their ledger permanently, that is a key for auditability So some huge chains (teams) like Solona and coldstack has finalized their integration with ARweave for this purpose and we could expect other chains to do this near future which would increase its value more.
*Not just for Blockchain it’s useful for many fields and many people for example for students who wants to save their selfmade notes or research forever,
*For journalists who wants to save their reporting and keep it forever
*Or people who wants to save some precious memories to live them forever.
*Developers are already building many apps on Arweave such as ArG, Outpost, ArDrive etc, and many more that’s why ARweave is my choice.
More about the token and project.
The Founder of the project is
Sam Williams
Arweave Price today is
$53.84
With trading volume of 24h
$39,269,093.74
25.18%
Market Cap
$1,801,947,113.13
1.87%
Fully Diluted Market Cap
$3,561,298,826.02
1.87%
All Time High
Sep 10, 2021 (a month ago) $74.03
27.11%
All Time Low
May 27, 2020 (a year ago) $0.4854
11015.27%
Arweave ROI
57398.45%
Arweave Supply
Circulating Supply 33,394,701 AR
Total Supply 63,190,435 AR
Max Supply 66,000,000 AR
Coin supply and price details source
Conclusion
To conclude we can say Bityard is your way to future, a exchange improving and developing everyday smooth and user-friendly where you can trade in so many ways. And the coin I'm bullish about is AR as I think and I'm sure it will cross 100$+ in the 4th quarter of 2021. It's currently on 69th position but it can go to top 10 if you hold for long term.
And this was my entry for the #Club1BCH and #Bityard writing contest if you want to try your luck I would like to see your entries as the reward is pretty decent and you can buy your favorite coins with it and trade it on Bityard. and I would recommend you all to join Bityard to grow your future.😊
My Bityard UID
556280119598399488
Yayy, Good Luck
This ks actually the first time I heard about AR. Thanks for sharing this to us 💪