Cryptocurrency

Necessary Features that A Professional Exchange Should Have: Diverse Trading Services, Accuracy and Stability

Trading Services

As the price of Bitcoin continues to forge new highs, the crypto market grows much bigger, so will the investing needs from global investors. In the meantime, people start to scrutinize an appropriate cryptocurrency exchanges according their needs carefully while the number of crypto trading service providers had risen rapidly recently.

Bityard, as a relatively young exchange, focuses mainly on crypto asset trading, and also offers Commodities and Indices services. To keep improving its cryptocurrency trading services, Bityard also pays attention to the change of market needs. In November, 2020, Bityard launched its spot trading system. Spot trading in cryptocurrencies is an easy way to access the market as its straightforward for all traders. It entails both fiat-to-crypto and crypto-to-crypto trading.

When it comes to the major concerns of traders, enterprising criminals and seedy investors has been their nightmare. In addition to obtain four legal financial licenses issued by four national institutions, Bityard has partnered with Binance, the largest cryptocurrency exchange in terms of volume to launch cryptocurrency spot trading. It means that Bityard provides an accurate system that is transparent and regulated, eliminating the fear of irregular transactions that can be common in the crypto market. More important, customers can enjoy the least trading fee in Bityard, without locking cryptocurrencies to receive rewards like what they used to do to lower the fee in Binance which is also known as staking.

Providing advanced trading services is the basic requirement for all cryptocurrency exchanges to survive in the market. At the same time, the market data accuracy and financial compliance of an exchange are also essential to global crypto investors.

For crypto contract traders, a trading platform with accurate and real-time market price data is extremely critical. A trader must open a position at the proper time and price point in order to increase profits. Since the profit of trading is based on the change of asset price, any slight data inaccuracy can negatively affect a trading progress of an investor. In this regard, Bityard has integrated crypto asset market price data from three top exchanges, Okex, Huobi, and Binance, to maintain high data accuracy. At the same time, Bityard also has a highly professional development team to provide users with excellent trading service stability so that they can safely trade without any worries.

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