Bityard

Brokerage Firm Review

Bityard is a relatively new brokerage firm in the market, established in 2019. Despite being a newcomer, it has quickly gained a reputation for offering a user-friendly platform and a wide range of services. However, some users have reported issues with customer support and fees.

Services Offered

Bityard offers a variety of services to its users, including spot trading, contract trading, and copy trading. The platform is known for its simple and intuitive interface, making it easy for both beginners and experienced traders to navigate. However, some users have complained about the lack of advanced trading tools and analysis features.

Fees and Commissions

Bityard charges competitive fees for spot trading, with a flat fee of 0.05% per trade. However, the fees for contract trading can be higher, with a taker fee of 0.075% and a maker fee of 0.025%. Some users have expressed dissatisfaction with the high fees for contract trading compared to other platforms.

User Experience

Overall, users have had a positive experience with Bityard’s platform, praising its simplicity and ease of use. The platform offers a range of educational resources, such as tutorials and webinars, to help users improve their trading skills. However, some users have reported technical issues and slow loading times on the platform.

Customer Support

Bityard offers customer support through email and live chat, with a team available 24/7 to assist users. While some users have had positive experiences with customer support, others have complained about slow response times and unhelpful representatives.

Pros and Cons

Pros

• Intuitive platform
• Wide range of services
• Competitive fees for spot trading
• Educational resources for users

Cons

• High fees for contract trading
• Technical issues on the platform
• Inconsistent customer support

Final Verdict

Overall, Bityard offers a user-friendly platform with a wide range of services for traders. While the fees for spot trading are competitive, the fees for contract trading may be a concern for some users. The platform’s customer support could also be improved to provide a better user experience. Despite these drawbacks, Bityard remains a solid option for those looking for a simple and straightforward trading platform.