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Sirin Labs launches a two-in-one, secured phone solution with military-grade encryption

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Sirin Labs, the maker of the SOLARIN and FINNEY, the first blockchain-enabled smartphone, launches the secured dual persona SIRIN V3 smartphone, setting a new standard for data security with its isolated data-transfer and communications ecosystem. Based on Samsung’s newest line of business-class devices, the V3 provides a military-grade encrypted “Work Space” mode in addition to the standard smartphone, all in one device.

When WhatsApp kicked off 2021 by announcing a privacy update signaling it would share user data with parent company Facebook, outrage ensued and many flocked to alternatives, such as Signal and Telegram, which claim to have stronger end-to-end encryption. The reality is that all of these apps can be hacked if the attacker wants the data badly enough. As cybercrimes continue to skyrocket and state-level actors threaten institutions and individuals across the globe, Sirin Labs offers a solution that empowers users to enjoy every aspect of a regular smartphone, along with a closed-off Work Space mode that keeps user data—as well as organizational data—truly private.

Built on the Samsung Knox mobile security platform, the V3 functions as two phones in one. The multifaceted mobile device contains two fully functional systems separated by an encoded partition: a personal mode with complete user autonomy and strong baseline security, and a dedicated workspace that keeps user data and professional communications safe from bad actors. Each mode is entirely isolated, and switching between the two is effortless. While both sides of the V3’s dual persona are highly secure, the workspace mode is in a league of its own, with military-grade encrypted call and messaging features, enhanced security on common business communication platforms, and end-to-end encrypted business apps and data, all on an intuitive, easy-to-use interface.

Sirin developed the V3 as a highly-compatible, customized Samsung smartphone with a specific set of ultra-secure apps and programs. Consumers can purchase the V3 solution on the foundation of any recent Samsung smartphone for 2,000 USD. Kenges Rakishev, Co-Founder of Sirin Labs said:

Sirin Labs has always strived to bring highly secured smartphones to truly protect user data. We’ve done it twice with our previous phones, the SOLARIN and the FINNEY, but with the announcement of our third-generation secure communication solution, the SIRIN V3, we’re packing two phones with unbeatable security into a single unit.

Zvika, Landa, the CEO of Sirin Labs added to Rakishev’s words by stating:

With the arrival of the V3, a truly secure and accessible mobile device is finally here. This dual-persona device raises the bar for encrypted security while delivering the same functions that one would expect from a personal and professional phone, all in one. Simply put, the existential threat posed by cyber-criminals has finally met its match with the V3.

PumaPay to migrate from Ethereum to Binance Smart Chain, introduce liquidity pools

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PumaPay, the comprehensive cryptocurrency payment solution, announces the upcoming launch of V3.0, which moves its operations from Ethereum to the Binance Smart Chain (BSC)—the first crypto payment solution to do so. The move to BSC includes the introduction of a bridge between the two networks, enabling utilization of a wider set of tokens and cryptocurrency for payments, and opening new liquidity pools with automatic swaps.

Ethereum, for a long time known as the industry-leading platform in blockchain development, has become unscalable for many developers. With soaring gas fees and a slow block processing rate, PumaPay’s service to its customers became untenable on Ethereum’s network. In the spirit of maintaining the original vision of decentralization, boosting payment flexibility and protocols, and building liquidity, PumaPay is shifting to BSC to expand its existing protocols for its customers.

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PumaPay utilizes the PullPayment Protocol that alternates the peer-to-peer system of crypto payments from a push to a pull protocol. PullPayment affords merchants capabilities unique to PumaPay, such as recurring billing—which allows merchants to bill for subscriptions and is the only payment solution on BSC offering this payment option. The new platform on BSC will offer a host of new opportunities to customers and users on the Binance Smart Chain, in addition to faster transaction speeds and cheaper gas fees.

Wider token diversity: Using PumaPay’s token (PMA) as a mediation coin, merchants will be able to select a settlement currency of their choice for each billing model, while users will have the option to subscribe with various tokens that are supported by BSC. Merchants and users will be agnostic to each other’s choice of coin.

Liquidity pools: To power the support for a wider number of cryptocurrencies for payments, PumaPay is introducing liquidity pools to enable swaps between PumaPay’s token and other cryptocurrencies. Liquidity providers will enjoy swap fees.

Total decentralization: Transfer of transaction processing duties to network “executors,” who will be paid by merchants, which will foster a more decentralized crypto payment ecosystem. Merchants will be able to run executor nodes, allowing them to save on fees, and earn for processing other merchants’ transactions.

hjCommunity 3.0: PumaPay’s V3.0 will include bottom-up measures that allow for more community participation in promoting the project with ambassadorship and referral opportunities.

“We are excited for the new V3.0 vision, our move to Binance Smart Chain, and the latest upgrades that we can offer to merchants who use our payment solution,” says Yoav Dror, CEO of PumaPay. “With our new liquidity pools, bridge, and decentralization model, we believe PumaPay is creating, as the first crypto payment solution on BSC, a model system for others to follow should they opt to shift from Ethereum to Binance.

Casino Games with the Best and Worst Player Odds

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Players at crypto casinos should understand the odds of each game type, as they differ greatly. Blackjack is popular among players because the odds are more balanced than other games, such as slots. Many players are surprised to learn that table games typically provide more favorable odds than alternative gaming options. Slot games are computerized and completely random, thanks to random number generators. Blackjack requires a small percentage of skill mixed with a bit of luck.

It isn’t uncommon for players to feel uncomfortable while playing table card games because they’re intimidated by so-called card sharks. You don’t have to be a card shark to profit from playing casino table games. The thing that makes crypto-friendly table games so great is the wide profit margins. Plus, cryptocurrency values can switch at any time. Players mistakenly assume poker tournaments are too challenging to win, promoting players to opt for slots. In terms of odds, table games are the superior option.

Dice Games Offer Balanced Odds for Optimal Gaming

Gambling with cryptocurrencies can either boost your gaming experience or deflate it entirely. Bitcoin dice is raging within the online gambling community, especially within crypto-exclusive casinos. As a matter of fact, there are casinos dedicated solely to Bitcoin dice players. Bitcoin dice falls second under table games in the running for the best odds. Craps is another game with well-balanced odds and exciting gameplay. When playing with digital currencies, craps has approximately fifty-fifty odds.

Beginner players are frightened away from craps tables because of the multiple boxes and bets. However, craps is a straightforward game where players bet on the outcome of rolled dice. Crypto dice was one of the first blockchain-based online casino games created for crypto gambling. Players flock to crypto-based games, mainly because the house only has a one percent edge.

Why is it Wise to Play Roulette Using Bitcoin?

Bitcoin is perfect for playing fifty-fifty games like roulette because players aren’t facing stacked odds. When the wheel lands on red, players are open to an opportunity to double their bets and increase their returns. Playing roulette doesn’t require complex game strategies. However, players must practice bankroll management to expand their playing time. It isn’t difficult to get caught up in the game and let the excitement erase all holds. Bitcoin is the most widely accepted currency at hybrid casinos and is accepted by almost every crypto-exclusive casino. CryptoCasinos helps players find Bitcoin-friendly casinos, Sportsbooks, and e-gaming platforms.

American roulette wheels do give the casino house a slight advantage with the addition of the zero and double zero green sections. However, placing roulette bets on numbers only lowers players’ chances of winning substantial jackpots. On the other hand, numbers only bets offer higher rewards. Of course, casinos don’t want players to know which games have the worst odds, but players must have some general idea when placing bets.

Games with the Worst Odds for Players Using Bitcoin

Players using Bitcoin may want to avoid playing the Wheel of Fortune slots game. The Wheel of Fortune slots game is insanely popular in worldwide casinos, but the house edge is well over ten percent. As a result, players are less likely to hit enticing jackpots with a low return to player rating. Casino games with odds above forty-four percent provide the best chance to win, no matter which game you play.

Best trading strategies in 2021 on Bityard

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There’s a famous adage that goes like “strategy is better than strength “. These words couldn’t be truer as far as trading is concerned. Discovering what strategy works and doesn’t work could be the best thing that ever happened to any trader. It is little wonder why a platform like Bityard would offer a user a demo account to experiment with different strategies in order to settle for a strategy that works. The number of strategies that can be used to execute trades are as countless as the number of traders in the w itorld. However, executing profitable trades requires one to have a successful strategy. A trading strategy is like a roadmap that is meant to guide a trader on his path to profits. It is highly recommended that a trader take his time to build a meaningful trading strategy. A demo account on Bityard would give a trader sufficient opportunity to devise a good and workable strategy.

This article will briefly highlight 3 of the easiest trading strategies that a trader could use on their trading journey. It is important to note that a trader can modify the strategies in a way that best suits his situation and objectives.

Fundamental analysis

This is one of the most important strategies that a trader can use to make successful trades. Although this strategy has its origins in stock trading, it is equally useful in the trade of cryptocurrencies. In fundamental analysis, what is involved is the critical analysis of the particular asset. It can range from considering the team behind the asset, use case of the asset, partnerships, and any other information that may negatively or positively influence the price of an asset. This information is critical in determining the market conditions of the asset, so knowing this information will give the trader a good idea about which direction the markets will go. 

Basically, the essence of fundamental analysis is to follow all news and announcements about an asset in order to understand the asset, as well as understand the fundamentals influencing its price in the market.

Dollar Cost Averaging (DCA)

Dollar Cost Averaging is probably the simplest, yet most effective trading strategies. Dollar Cost Averaging is the practice of making regular purchases of an asset over time. This strategy will consolidate the gains achieved when market conditions are good and offset the losses incurred when market conditions are unfavorable. This strategy is most effective for trading cryptocurrencies due to the nature of crypto assets. Cryptocurrencies are highly and deflationary by nature, so they will experience a lot of price swings as they increase in value with time. consider this hypothetical example of two traders on Bityard: one makes a lump sum investment of $1000, while the other one makes a monthly investment of $100. At the end of the year, the trader buying every month would have bought some coins at the lowest lows which would significantly improve his Return on Investment (ROI).

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Dollar Cost Averaging is very simple, yet effective

Leverage trading

Bityard enables leverage trading on different assets up to 200X. Although leverage trading is a risky strategy, it is equally a strategy that could result in very lucrative gains for experienced traders. In leverage trading, a trader is able to trade a larger position with borrowed money from the exchange (Bityard). For example, if the trader believes that the price of a coin will go up, he can leverage a position by putting up some funds as collateral, while Bityard provides the remaining funds depending on the size of the leverage. Upon exiting the trade, the trader must pay back the borrowed funds to the exchange (Bityard).

Conclusion

The strategies for trading are not cast in stone. A trader is free to choose what works for him. Most importantly, every trader must be aware that trading is a risky endeavor, hence the risk must be managed appropriately to prevent losses. One of the ways to manage risk is to use the demo account feature on Bityard until a trader is confident in their particular choice of trading strategy.

Bitcoin Plunge to $50,000: Factors responsible and what to expect in coming weeks.

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The past 3 weeks for Cryptocurrency traders and investors have been a roller coaster Ride, with the carriage on a continuous descent and hearts threatening to leap out of chests.

Last week saw Bitcoin traded for as low as $50,500 on cryptocurrency-exchange Bityard, this price follows a continuous dip in the price of Bitcoin from an all-time high of $61,000, this is a 17% drop in value.

This price dip wasn't expected and was as a result of certain external factors whose cumulated effect led to the drop

Factors Responsible

• The first significant price slippage occurred on the 15th March after the Indian Government announced a plan to ban/regulate cryptocurrency in the country. This resulted in a selling frenzy, with many cryptocurrency investors and traders in India rushing to convert their Bitcoin to cash, wish resulted in a selling cascade involving investors from different countries. This dropped the price of Bitcoin from

$60,000 to about $53,000.

• It staggered back up to $58,000 only to suffer another drop to $55,000 on the 22nd of March after being lauded by American Federal reserve chairman Fed Powell Chair, where he said Bitcoin was too volatile and wasn’t a replacement for the dollar. This was followed by a significant improvement to about $57,200, after Tesla CEO Elon Musk tweeted

Tesla products could now be officially purchased with Bitcoin.

• But that wasn’t the end, this was followed by a drop to about $51,000, which was caused by a huge amount of sell orders liquidated on cryptocurrency-exchange Bitmex triggering massive sell-offs that took the price of BTC to as low as $50,300.

The price of Bitcoin has since bounced back as Bitcoin now trades for $57,000 on world leading cryptocurrency-exchange Bityard.

What to Expect in the Coming week?

The recent dip, posed an important test Bitcoin had to take, the testing of the 50,000 mark which previously was a crucial psychological resistance, turned support. The price movement which held firm at the $50,000 mark, despite the constant incursions, shows a strong support and one can expect Bitcoin to hold above $50,000.

This is expected to inspire more confidence in long term investments on Bitcoin and stimulate more buy orders. This will invariably lead to an increase in the price of Bitcoin.

Based on technical analysis:

Technical analysis shows a potential continuous bullish trend to the upside. As shown on the chart above, the support levels at 50k holds strong and has not been broken, although price ejected on touching the 50k support zone, we are still expecting price to revisit this area before moving strongly to the upside. To buy Bitcoin, we recommend world leading cryptocurrency exchange Bityard.

BITYARD

A secure and well-regulated exchange, with a simple platform designed with beginners in mind. All you need do is register, deposit funds, click on the spot trading page and buy whatever amount of cryptocurrency you want. And then hold till you decide you’ve made enough returns.

Another investment option is the Copy trade option available on Bityard. This trading option allows users make money from following expert traders, who contract trade digital assets. In this option investors can make profit from either direction of the market (when prices go up or when they come down).

Bityard offers the best prices on the market for any digital asset and has additional features which include a free daily mining option for users that allows you to get free tokens daily, when you mine them on the exchange’s app.

To register on Bityard and trade Ethereum or Bitcoin click here.

LiquidApps’s Bifrost Bridge Makes EOS the First Decentralized Chain to Integrate USDC

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Decentralized finance [DeFi] has garnered impeccable traction over the last couple of months. LiquidApps, a platform focused on optimizing decentralized development seemed to be aiding the growth of the DeFi market.

While the DeFi space has managed to lure in an array of individuals, it still suffers from siloed blockchains. However, LiquidApps seems to be on a mission to change this by building cross-chain bridges. With this decentralized development solution provider, EOS is all set to become the first truly decentralized chain to integrate USDC.

LiquidApps To Boost The DeFi Space With Its Cross-Chain Bridge

LiquidApps created an uproar in the crypto market with the launch of a cross-chain medium that allows users to transfer tokens or data to different blockchains without any hassle. Now, the platform is making use of the Bifrost bridge, developed by the community-led DAPP Account DAO (DAD), to allow the free flow of USDC or DAI to be bi-directionally transferred between Ethereum and EOS.

The aforementioned community, DAD has also rolled out eCurve, an EOS clone of the decentralized exchange Curve, that has witnessed over $1 million of DAI/USDC liquidity cross over it from Ethereum. eCurve stands out as the network carries out feeless transactions while being time-efficient. However, the transactions on Ethereum’s Curve cost anywhere between $1-200 each and take up to 10-15 minutes.

More recently, EOS lost one of its major DeFi projects to the Binance Smart Chain. This bridge could pose as a savior for the network in broadening and establishing ground in the DeFi space. This can be viewed as a proof of concept employing EOS.

Additionally, the DAD bridge can also pave the way for arbitrage across chains. A total of three stablecoins including, wrapped DAI, wrapped USDC, and EOS USDT are a part of the eCurve’s three-coin swap pool. The possibility of ETH users swapping their USDC or DAI to any stablecoin to a stablecoin with the highest ratio in the pool stands even if the equal one-thirds model falls out of equilibrium.

Elaborating on the emergence of the DeFi space and cross-chain bridges, Raman Bindlish, the founder of Blockstart, a prominent DSP on the DAPP network, stated,

“These are exciting times for us as developers of the technology as years of hard work from multiple teams coming to fruition. We are seeing the vision of multi-chain DeFi materialize and it can really enable the solutions that can scale to the same level as traditional finance.”

The progression of the DeFi space is inevitable. With several platforms making their way into the DeFi space, the existing ones are forced to keep up with the needs of their users and LiquidApps seems to be heading in the same direction. 

LiquidApps Employs Bifrost Bridge To Bolster The Presence Of EOS In The DeFi Space

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Decentralized finance [DeFi] has garnered impeccable traction over the last couple of months. LiquidApps, a platform focused on optimizing decentralized development seemed to be aiding the growth of the DeFi market.

While the DeFi space has managed to lure in an array of individuals, it still suffers from siloed blockchains. However, LiquidApps seems to be on a mission to change this by building cross-chain bridges. With this decentralized development solution provider, EOS is all set to become the “first truly decentralized chain to integrate USDC.”

LiquidApps To Boost The DeFi Space With Its Cross-Chain Bridge

LiquidApps created an uproar in the crypto market with the launch of a cross-chain medium that allows users to transfer tokens or data to different blockchains without any hassle. Now, the platform is making use of the Bifrost bridge, developed the community-led DAPP Account DAO (DAD), to allow the free flow of USDC or DAI to be bi-directionally transferred between Ethereum and EOS.

The aforementioned community, DAD has also rolled out eCurve, an EOS clone of the decentralized exchange Curve, that has witnessed over $1 million of DAI/USDC liquidity cross over it from Ethereum. eCurve stands out as the network carries out feeless transactions while being time-efficient. However, the transactions on Ethereum’s Curve cost anywhere between $1-200 each and take up to 10-15 minutes.

More recently, EOS lost one of its major DeFi projects to the Binance Smart Chain. This bridge could pose as a savior for the network in broadening and establishing ground in the DeFi space. This can be viewed as a proof of concept employing EOS.

Additionally, the DAD bridge can also pave the way for arbitrage across chains. A total of three stablecoins including, wrapped DAI, wrapped USDC, and EOS USDT are a part of the eCurve’s three-coin swap pool. The possibility of ETH users swapping their USDC or DAI to any stablecoin to a stablecoin with the highest ratio in the pool stands even though one-thirds model fall out of equilibrium.

Elaborating on the emergence of the DeFi space and cross-chain bridges, Raman Bindlish, the founder of Blockstart a prominent DSP on the DAPP network stated,

“These are exciting times for us as developers of the technology as years of hard work from multiple teams coming to fruition. We are seeing the vision of multi-chain DeFi materialize and it can really enable the solutions that can scale to the same level as traditional finance.”

The progression of the DeFi space is inevitable. With several platforms making their way into the DeFi space, the existing ones are forced to keep up with the needs of their users and LiquidApps seems to be heading in the same direction.

Bitcoin Plunge to $50,000: Factors responsible & What to expect in coming weeks

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The past 3 weeks for Cryptocurrency traders and investors have been a roller coaster Ride, with the carriage on a continuous descent and hearts threatening to leap out of chests. 

Last week saw Bitcoin traded for as low as $50,500 on cryptocurrency-exchange Bityard, this price follows a continuous dip in the price of Bitcoin from an all-time high of $61,000, this is a 17% drop in value. 

This price dip wasn’t expected and was as a result of certain external factors whose cumulated effect led to the drop

Factors Responsible

• The first significant price slippage occurred on the 15th March after the Indian Government announced a plan to ban/regulate cryptocurrency in the country. This resulted in a selling frenzy, with many Cryptocurrency investors and traders in India rushing to convert their Bitcoin to cash, wish resulted in a selling cascade involving investors from different countries. This dropped the price of Bitcoin from $60,000 to about $53,000.

• It staggered back up to $58,000 only to suffer another drop to $55,000 on the 22nd of March after being lauded by American Federal reserve chairman Fed Powell Chair, where he said Bitcoin was too volatile and wasn’t a replacement for the dollar.

This was followed by a significant improvement to about $57,200, after Tesla CEO Elon Musk tweeted Tesla products could now be officially purchased with Bitcoin.

• But that wasn’t the end, this was followed by a drop to about $51,000, which was caused by a huge amount of sell orders liquidated on cryptocurrency-exchange Bitmex triggering massive sell-offs that took the price of BTC to as low as $50,300. 

The price of Bitcoin has since bounced back as Bitcoin now trades for $57,000 on world leading Cryptocurrency-exchange Bityard. 

What to Expect in the Coming week?

The recent dip, posed an important test Bitcoin had to take, the testing of the 50,000 mark which previously was a crucial psychological resistance, turned support. The price movement which held firm at the  $50,000 mark, despite the constant incursions, shows a strong support and one can expect Bitcoin to hold above $50,000

This is expected to inspire more confidence in long-term investments in Bitcoin and stimulate more buy orders. This will invariably lead to an increase in the price of Bitcoin.u0H1mOSN3u7wOTnyot8J50Hz7b74e KZgKIro0 vSy4M5hlIjlxDUPz ejxTxYT8IiP1loA K7kdnUGnw8aV6SR9gIegQq9PCvZ80eCGB eGu2WlO09mAjNKjTRCTdqSJwvsTja6tPah7Ug6Jw

Based on technical analysis:

Technical analysis shows a potential continuous bullish trend to the upside. As shown on the Chart above, the support levels at 50k holds strong and has not been broken, although price ejected on touching the 50k support zone, we are still expecting price to revisit this area before moving strongly to the upside

To buy Bitcoin, we recommend world leading cryptocurrency exchange Bityard.

BITYARD

A secure and well-regulated exchange, with a simple platform designed with beginners in mind.

All you need do is register, deposit funds, click on the spot trading page and buy whatever amount of Cryptocurrency you want. And then hold till you decide you’ve made enough returns.

Another investment option is the Copy trade option available on Bityard. This trading option allows users make money from following expert traders, who contract trade digital assets. In this option investors can make profit from either direction of the market (when prices go up or when they come down).

Bityard offers the best prices on the market for any digital asset and has additional features which include a free daily mining option for users that allows you to get free tokens daily, when you mine them on the exchange’s app.

To register on Bityard and trade Ethereum or Bitcoin click on this linkc

Bitcoin Is No Longer Considered an Ephemeral Investment Option

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The performance of Bitcoin over the last few months has given investors many reasons to be happy about. In less than four months, BTC went from being worth less than £10,000 to being worth over £40,000, and it does not seem like this upward momentum is going to stop any time soon. The interesting thing about Bitcoin’s performance is that its value increased during a period when everything else in the world of finance struggled to keep up with all the negative global economic developments.

The incredible performance of Bitcoin has naturally driven the market to an on-going phase of “cryptomania”, as investors use their funds to buy BTC and other cryptocurrencies, even if their values are no longer a bargain. The big difference between this period and the “pre-bubble” period is that this time, the investors backing cryptocurrencies are considered trustworthy and business-savvy. The most popular example is Elon Musk, a person with a lot of influence in the world of business and, of course, a person who can affect the opinions of average investors through his public statements and globally communicated investments.

If you are among the lucky ones who kept believing in Bitcoin’s potential, then you are probably in a position to sit back and to enjoy popular games of chance, such as the Who Wants to Be a Millionaire slot online at mansioncasino.com/uk. After all, the £40K value of every Bitcoin, gives BTC holders the ability to make the choices they want both in terms of having fun as well as in terms of reinvesting their profits in other financial assets showing potential for future growth. You can trade your Bitcoin and get a lot of cash, you can trade it and buy hundreds of stocks and commodities, or you can use it by investing in real estate properties.

Crypto

There are, of course, many who worry that Bitcoin and other traditional investment assets may be at risk because of the inflation that is expected to hit the economy the moment the transactional activities go back to normal. On the other hand, it is almost impossible to predict what the new normal will be like. The global economy has taken heavy hits repeatedly, and it has always found ways to come back stronger, offering unique investment opportunities and incorporating new financial assets.

What Is the Best Choice for the Average Investor?

It is no secret that the financial market comes with a lot of profit opportunities, but at the same time, it is important to remember that every investment comes with risks. Investing in Bitcoin right now might be a pricy choice for the average pocket. Many traders would not risk putting their money on an asset that is worth this much, even if BTC has the potential to go from £40K to £100K in less than six months. If you want to invest in cryptocurrencies, then it might worth considering investing your money in one of the other cryptos one can find in the financial market. Buying one of the other established crypto-coins like Ethereum and Ripple will require a much smaller investment amount. Additionally, there is nothing saying that their price cannot reach the price of Bitcoin if the assets are given enough time to mature. 


Bityard Margin Trading: An Ultimate Guide

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In this article, we will be talking about margin trading on the Bityard exchange. We will tell you about various features and guide you with detailed steps for margin trading at Bityard.

Summary 

  • You can use Bityard‘s margin trading services both in commodity derivatives and crypto-assets.
  • By trading in the derivatives market, you invest in an underlying commodity with rights to exchange it at a fixed price in the future.
  • At Bityard, you get maximum leverage of 125x on crypto and 200x on derivatives.
  • Bityard offers many features such as Floating P&L, SL ratio, TP ratio, Leverage slider, etc.
  • You can easily customize the margin trading window at Bityard.
  • Bityard charges you with no interest but a high fee on margin trading.

What is margin trading?

Margin trading allows you to trade with borrowed funds and with your initial capital as collateral. This way, you can increase your investment with a smaller capital and increase your returns. The exchange usually charges you interest or an overall trading fee for the borrowed funds.

Margin trading at Bityard

Bityard offers isolated margin trading with a customizable easy to use interface.

At Bityard, you do not need to complete your KYC or activate your margin trading account to start trading on margin. All you need to do is create an account and deposit funds to your Bityard wallet.

Bityard Margin TradingBityard Margin Trading

What is derivatives margin trading?

Derivatives represent assets such as crude oil, gold, silver, copper, etc., and you can trade on any of these. While buying commodity derivatives, you buy the rights without actually possessing the commodity. 

The seller gives you the commodity’s ownership to exchange it in the future at a specific price. You then try and earn a profit based on the spot price of the commodity.

There are 11 commodities available at Bityard for margin trading. Since derivatives are not as volatile as cryptocurrencies, you get a higher maximum investment level of 40,000 USDT for crude oil.

Bityard DerivativesBityard Derivatives

What is crypto margin trading?

The second option for margin trading would be cryptocurrency. Bityard offers margin trading in 13 crypto assets and a maximum margin of 20,000 USDT for BTC as of March 2021. There are different upper and lower limits for other crypto assets.

Leverage in Crypto and Derivatives

Leverage determines the loan you will be receiving from Bityard. Suppose you choose a leverage of 10x with an initial capital of 1USDT. Then the platform will lend you 9 USDT, making it ten times your capital.

Leverage on BityardLeverage on Bityard

You get maximum leverage of 125x on crypto assets. However, Bityard offers maximum leverage of 200x on derivatives.

Bityard offers isolated margin trading

Bityard only offers isolated margin trading, which beginners usually prefer. Isolated margin trading helps you prevent liquidations and hence from losing all your funds in a market fall. To understand isolated margin trading, let’s have a look at an example.

How does isolated margin trading work?

Let’s assume you have 10 USDT in your Bityard wallet. Now you open a position worth 5 USDT in the BTC market with a leverage of 50x. Suppose the value of BTC dropped by 3%, and your funds are about to liquidize.

Now, you can either deposit more funds or let your capital liquidize. Even if your funds liquidize, you don’t lose any more than your initial capital for that particular position, which is not the case with cross-margin trading.

Margin trading at Bityard: Definitions

Bityard has a series of features and options on its margin trading window. Here we will try to explain to you all of these features one by one:

Balance

The balance represents your total account balance. When you open a position, your balance does not include your capital for that position.

Margin

The margin shows the total amount you’ve used as the capital until you close a position.

MarginMargin

Floating P&L

Floating P&L shows the combined value of return from all of your open positions. It can be zero, positive, or negative, showing no returns, profit, or loss.

Limit Order

Limit allows you to place orders beforehand, which execute when the market meets your order requirements. You can even change your order if you find a better opportunity in the market.

Limit Order BityardLimit Order – Bityard

Market Order

When you place a market order, all your positions open and close in real-time. You can only close the position after opening it and cannot alter the order details once you successfully open a position.

Difference between live and demo platform

Bityard offers a demo trading platform, which helps beginners to learn margin trading without risking their real assets. Using the demo tab, you can open and close positions without any capital. On the other hand, going live means trading with real capital as collateral and hoping for a return.

Bityard Demo PlatformBityard Demo Platform

Leverage slider

It is a slider on the right side of your margin trading window. The leverage slider allows you to adjust your leverage anywhere between its limits. However, you can also directly enter a value of leverage you desire in the box below.

Leverage sliderLeverage slider

TP ratio

You will find this option on the right side of your trading window. TP ratio allows you to know the closing value of a position with your desired return. You can either enter a % or the return you expect from a particular position.

Bityard TP ratioBityard TP ratio

SL ratio

You can click on the SL ratio from the right side of the Bityard margin trading window. The SL ratio tells you the exact value of your open position. You can close the position at that value to not incur any losses after a limit of your choice.

BItyard SL ratioBityard SL ratio

Equity

On the Bityard mobile app, by clicking on position, you will see a term called equity. Equity combines your balance, margin, and Floating P&L to tell your real-time account balance.

How to go long on Bityard?

Going long means opening a position that predicts a rise in the asset’s value. You can open a position by clicking on the Buy/ Long/ green button on the screen’s right side.

Bityard - Long BitcoinBityard – Long Bitcoin

How to go short on Bityard?

Short selling means opening a position that predicts a fall in asset value. By going short, you sell the lender’s asset at a higher price. And then, when the price lowers, you repurchase it and return it to the lender.

Since it a complex process, hence Bityard keeps you away from it and allows you an easy option to go short. You can open a short position by just clicking on the Sell/ Short/ red button on the screen’s right side.

Customize layout at the Bityard margin trading window?

Bityard allows you to customize your layout. You can click on the ‘Layout’ button at the top right corner of the graph, or you can hold and drag the particular tabs at your preferred location.

How to start with margin trading at Bityard?

For your ease, we thought of providing you with a detailed step-by-step guide for margin trading at Bityard. You can follow these steps for both derivatives as well as for cryptocurrencies.

Step 1: Sign up

To begin with margin trading, you must have an account at Bityard, and you can follow these steps to create one:

  • Visit Bityard’s official website and click on sign-up.
  • Now enter your email and password.
  • On the next window, verify your email by entering the code sent on your email.
  • It is not mandatory to complete your KYC. However, if you wish to do so, follow the below steps.
  • After logging in, go to your profile tab and click on Real name verification.
  • Now enter your passport or government-approved ID details.
  • Now upload pictures in JPEG or PNG format and wait for Bityard to complete the audit process.

Bityard KYCBityard KYC

Step 2: Deposit funds

To begin with, in any type of trading, you need to deposit funds. Bityard does not accept FIAT.; hence you need to buy the accepted currency from your local exchange and then deposit them in your Bityard wallet.

You can follow these steps to deposit funds at Bityard:

  • Hover on assets in the header and click on deposit.
  • Now choose an asset to make a deposit.
  • Read the terms of deposit carefully.
  • You can then either scan the QR code or copy the wallet address.
  • Remember only to send a particular asset to its specific wallet address. Sending a currency at a different address can lead to a loss of your asset.

Bityard depositBityard deposit

Step 3: Crypto margin trading

You can follow these steps to begin derivatives/ crypto margin trading at Bityard:

  • Hover on the contract and click on crypto/ derivatives as per your choice.
  • From the left side of the screen, click on the asset you wish to trade marginally.
  • Now enter your margin and choose leverage from the right side of the window.
  • Click on long/ short to open a position.
  • You can click on the close button at the bottom of the screen to close a position.

Bityard Margin Trading Fee

Bityard charges a trading fee of 0.05 % on all crypto margin trading orders. In contrast, there is a 0.025% margin trading fee on derivatives.

Bityard also charges an overnight fee on cryptocurrencies. However, there is no overnight fee on derivatives.

Fee calculation

For crypto assets:

Trading Fee: (Margin * Leverage * 0.05%) 

Overnight Fee: (Margin * Leverage * 0.045%)

For derivatives:

Trading Fees: (Margin * Leverage * 0.025%)

Margin trading rules at Bityard

Bityard has some margin trading rules, which are as follows:

  • There is a minimum margin limit of 5 USDT for all of the assets, including derivatives.
  • The upper limit varies depending on the asset. There is an upper limit of 40,000 USDT on crude oil, whereas only 20,000 on USDT on Bityard.
  • All the positions are auto-close at 05:55:00 SGT.
  • The trading hours are around the clock, i.e., 24×7.

Risks involved in margin trading

  • The most significant risk in margin trading would be liquidation.
  • The higher leverage you use, the higher your losses would be if the market goes sideways.
  • The exchange can sell your capital without informing you in case of liquidations.
  • You do not get a margin call at Bityard, so you shouldn’t leave your screen with an open position.

Bityard margin trading: Pros and Cons

ProsCons
Bityard provides you with one of the highest leverage among all crypto margin trading exchanges.They have a high trading fee, which justifies no interest rate.
They support isolated margin trading, which prevents you from losing more funds than your capital.The platform does not provide an option for cross-margin trading.
Bityard has licenses from four different countries.You can only use USDT for margin trading.
The platform has a customizable and easy-to-use interface.
They do not charge interest on your loan amount.

Bityard Margin Trading: Conclusion

Bityard makes margin trading simple with its user-friendly interface. The platform offers isolated margin trading with no interest on loans. However, you have to pay a significant trading fee and overnight fee. Therefore, Bityard is one the of these best Bitcoin margin trading exchange our there.

Margin trading is an excellent opportunity for investors with less capital and willing to take higher risks. Always remember, a wrong decision in margin trading can lead you to lose all your money.