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A buying and selling answer for crypto customers: Interview with BitYard CMO Michael Hung


The speedy progress of cryptocurrency reveals no indicators of stopping. As conventional property lose yield, institutional and extraordinary buyers are shifting to cryptocurrency. Because the market is quickly rising, discovering the fitting platform that provides a handy buying and selling expertise generally is a tough endeavor for customers new to the house.

BitYard is an all-in-one crypto buying and selling trade that gives customers a buying and selling answer by way of Spot, Contracts for Variations (CFD), Inverse perpetual contract, and replica buying and selling providers. The platform gives quite a lot of providers meant to simplify the buying and selling expertise and goals to bridge the hole between novice merchants {and professional} buyers

In an interview with  Michael Hung, CMO of Bityard, we talked concerning the Bityard platform, the advantages provided on their platform, Inverse perpetual futures, and rather more.

1. What are the issues that BitYard goals to unravel within the crypto house? 

To unravel this, for spot buying and selling, we offer greater than 400 buying and selling pairs on the spot market. Yow will discover nearly each well-liked coin on BitYard. From the primary crypto, we provide BTC, ETH, and likewise small-cap cash which have potential, akin to FLOKI, SHIB, and Babydoge. You may simply purchase/promote them with BitYard. For derivatives, we provide perpetual futures, lite futures (CFD), and replica buying and selling. And there will likely be extra capabilities to be launched this 12 months.

So with BitYard, you don’t should be pissed off to seek out the place to purchase tokens and the notice a lot of passwords.

2. How is BitYard carving out an area for itself? What makes it stand out from different crypto exchanges?

BitYard is based by a crypto-enthusiastic crew, we all know effectively the ache of excessive buying and selling charges, system lagging, the customer support crew that could be very sluggish to reply, and so on. And function BitYard primarily based on these.

Our customers love us for 3 causes.

  • Greater than 400 buying and selling pairs: No have to hassle to have many exchanges accounts and bear in mind many passwords. Furthermore, our spot buying and selling system is powered by Binance, Kucoin, so that you don’t have to fret about liquidity and safety in any respect
  • Derivatives: In addition to crypto, it’s also possible to commerce different commodities on BitYard – Gold, Crude Oil, Foreign exchange and extra!
  • 24/7 on-line assist crew. You may simply discover our assist crew each time and wherever you meet an issue. Yow will discover our assist crew by way of web site dwell chat, e-mail: [email protected], and official communities. You’re going to get a response in a short time. No have to say extra, simply expertise it your self.

And we give nice significance to cooperating with high quality mission groups, so we will listing the cash in a single week if the coin has been listed on Binance or Kucoin. We welcome all of the mission groups that method us.

3. What are a number of the main advantages provided to merchants on the BitYard platform?

Spot: greater than 400+ crypto are provided

Derivatives: charges are low to 0.05% and  leverage is as much as 100x

Copy-trading: Similar to Etoro within the crypto business, we are going to at all times invite skilled merchants to share trades on BitYard, and customers can simply comply with them. For non-professional merchants, the shortcoming to professionally management positions and commerce with feelings is likely one of the foremost causes to trigger liquidation. Buying and selling with skilled merchants also can keep away from customers from liquidating in excessive market circumstances.

Thriller Field: Full totally different duties to open these containers, the utmost reward is 500USDT

Simple to deposit: Cooperate with world-class on-ramp service suppliers – Banxa, Transak, and so on. This permits our customers to purchase crypto with playing cards in minutes.

4. How do Inverse perpetual futures present customers with a chance to make earnings from the crypto market? What does BitYard provide to them on this regard?

Just lately lots of people are apprehensive about whether or not we’re in a bearish market, however our customers can preserve asset worth through the use of inverse perpetual futures.

For instance, a consumer purchased 1 BTC at $60,000 and instantly opened a 1x leverage promote brief place with the whole 1 BTC stability inside his/her account. If BTCUSD is plunged to 30k, there will likely be 2 BTC in his/her account and the worth of the full property maintained at 30,000*2=$60,000, so the consumer won’t ever be afraid of a bearish market.

For extra data, you possibly can learn right here.

5. Inform us extra concerning the day by day mining and thriller field options on BitYard? How are they useful for customers?

Our customers may get random crypto in day by day mining. At the moment, it’s additionally the one solution to get our platform token – BYD. We are going to replace a brand new mining system in Q2 2022, and likewise mix it with NFT. Not solely let customers have passive revenue throughout Bullish/Bearish Market but additionally get extra rewards once they commerce extra.

Our Thriller Field function is particular, customers can get it by way of buying and selling, deposit, full KYC, and so on. Additionally, the Thriller field might be custom-made by any third-party companions (examine what we did with Banxa), cooperating with model IP and NFT crew. I imagine it’s potential and our customers will like it.

6. What steps are you taking to maintain your group engaged higher with the platform?

Just lately, we began to construct our Discord group, after all, our edge remains to be on official Telegram teams. This 12 months with the numerous progress of American & European customers, Twitter’s share of voice remains to be rising.

We are going to cooperate with extra crypto mission groups similar to what we did final 12 months. In 2021 we labored with LINK, REV, FUN, ADX, ENQ, FIO, ZIL. This 12 months will focus extra on Sport-Fi, Metaverse mission groups.

7. In accordance with you, what position does BitYard play in the way forward for the crypto market?

We see Binance because the objective we need to chase in the long term. Within the brief run, we are attempting to maneuver into the highest 10 exchanges on the earth. I’m in love with Bitcoin, and the thought of decentralization could be very engaging, so in the long term, it was obligatory and important to get into this business to make the world a fairer place.

8. Does BitYard have any partnerships or collaborations deliberate out for this 12 months? What lies forward in your roadmap?

We are going to cooperate with extra crypto mission groups this 12 months, however now I’d wish to preserve it a secret. However I promise there will likely be many surprises.

Right here is our roadmap for 2022:

  •  Q1: Launch of Leveraged Token.  
  • Q2: Launch of USDT margined perpetual futures, Grid Buying and selling Bot and Play-to-earn mining pool function.
  • Q3: Launching BitYard platform token named BYD.
  • This fall: BYD Launchpad will likely be launched together with stalking options on the platform.

A world roadshow can also be being deliberate to be carried out after the pandemic.

For extra data on BitYard, please take a look at their official web site.

Disclaimer: It is a paid submit and shouldn’t be handled as information/recommendation.


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