Bityard Crypto Contract exchange platform

[Cordillerabit]

How to download Bityard App?

iOS users can download through Apple Store;

Android users can download through Google Play or other app stores;

Source: Bityard

[Cordillerabit]

Why can not login to Bityard?

Please check if the login ID and password you entered are correct.

If you have forgotten your password, you can reset your password by clicking "Forgot Password?" And entering the login ID to receive the verification code,then reset your password.

If you still can not log in, please contact Bityard customer service immediately, we will help you as soon as possible.

Source: Bityard

[Cordillerabit]

How many ways to register to Bityard?

Bityard supports email and mobile phone number registration.

Source: Bityard

[Cordillerabit]

How to register an account?

You can register with your email or mobile number

For email registration

1. Please enter your email, login password, and click "register".

2. Swipe the verification page then enter the verification code sent to your email.

For mobile registration

1. Please select your country code and enter your mobile number, login password, and password confirmation accordingly.

2. Swipe the verification page then enter the verification code sent to you by SMS.

Source: Bityard

[Cordillerabit]

Can I open multiple accounts?

Bityard currently supports one Email or one Mobile Phone Number for only one trading account registration.

Source: Bityard

[Cordillerabit]

What if I forget my login password?

If you forget your login password, you can click "Forgot Password?" on the login page, follow the instructions to enter the email or mobile phone verification code, and reset the password.

Source: Bityard

[Cordillerabit]

What if I cannot receive SMS verification code?

Please make sure that the phone number you entered is correct, and keep your network connected. If it still does not work, Please contact our customer service and provide your registered mobile phone number, our customer service will help you.

Source: Bityard

[Cordillerabit]

Copy Trading Service Agreement

Copy Trading Service Agreement (hereinafter referred to as the "Agreement") is a statutory agreement clause between the Bityard (hereinafter referred to as the "Platform") and the copy trading service follower or trader (hereinafter referred to as "you"). Please read all the terms of this agreement carefully. If you have become a follower or a trader, it means that you and the platform have reached an agreement, you accept all the terms of this agreement and are bound by the terms of this agreement.

1. Follower/Trader Rights and Obligations

a. Users who become followers or traders on the platform must be natural or legal persons who can fully assume legal responsibility.

b. You ensure the personal data (including documents and other relevant information) provided to the platform is authentic and reliable, and the platform will strictly verify and evaluate.

c.If your personal information (such as trading experience, trading strategy, etc.) is insufficient or fails to pass the review, the platform will not allow you to trade.

d. Do not use other people's information (such as name, ID number, phone number, email address), if the information you provide is inaccurate, illegal or invalid, the platform will prohibit you from using the platform's products and services.

e. If your personal information changes or you want to change the account type, you can apply to the platform customer service by submitting a work order, and the platform will process it after reviewing. If you cannot timely inform the platform about the change of personal information, the platform will not be responsible for any loss caused by the change. In order to ensure the accuracy of personal information, please update in time, you can ask the platform to correct or delete information that you think is incorrect.

f.  You need to keep the account ID and password of the account yourself, and bear the relevant legal responsibility for trading behavior of the follower or trader account.

g. Please check the relevant terms of the platform's official website carefully, understand the relevant laws and regulations, and bear all the risks of your own trading and copy trading. The platform does not provide any specific investment advice and does not express any relevant opinions.

h.  When you post information and use services on the platform website, you must comply with the relevant laws and regulations. Do not maliciously publish or spread bad information that violates laws and regulations and unethical on the website, including text, pictures, audio, video, etc. Do not publish any defamatory and harmful comments that damage the reputation of the platform.

i.  Please check your account information regularly and inform the platform of any errors in time. If you have not informed the platform of any errors that have occurred within 72 hours after trades are executed, any losses and damages caused thereby shall be borne by you.

j.  The trader's trading strategy description on the platform must be accurate so that followers can follow the investment based on this description. The trader's trading behavior must be consistent with the strategy description. When the actual trading method of the trader is different from the strategy description, the platform will not approve the adoption of this trading strategy. If the trading behavior leads to serious consequences, the platform will take relevant actions to interfere with your trading, such as deactivating the trader account or cutting off the copy trading followers.

k. Traders need to ensure that the trading status is updated in time to allow followers to understand their trading behavior and strategies in time to maintain a good following relationship.

l. Traders are not allowed to conduct malicious operations, including but not limit malicious orders to increase the number of followers or funds, otherwise the platform will revoke the service fees received by them and the trader account may be permanently suspended.

m. If you place an order with a trader or other investors on the platform, there may be a risk of loss. In the case of improper risk control, the entire account may lose money, and the loss is borne solely by the follower.

2. Platform Rights and Obligations

a.  The information you publish on the platform (such as text, pictures, etc., excluding ID cards, bank cards, and personal privacy information), the platform has the right to use the content for other legal channels, such as copying, modifying, adapting, translating, and promoting, analysis, etc.

 b. All graphic information on the platform website is for the purpose of disseminating useful information for the public, and does not mean that the platform agrees with its views.

c. The platform will not provide you with any investment advice or express investment-related opinions. You need to think independently and execute trading independently.

d. If the trader's account does not have any trading behavior for more than 2 months, the system will automatically delete the permissions.

e. In order to protect the legal rights of you and the platform, the platform has the right to evaluate your knowledge, experience and adaptability based on the information you provide to the platform. If the platform will not pass the information that is unreliable or inaccurate.

f.  Any natural or legal person's unauthorized consent to provide the platform with other people's trading data or related information, the platform is not responsible for any loss caused by this behavior.

3. Online Trading Risk Disclosure

a. If there are trading errors (such as transmission errors, delays, interruptions of network signals, errors caused by the strength of network signals, data errors, and errors caused by the stability of the device connection, etc.) when you are using the network equipment, the direct, indirect, and occasional losses and gains caused by you will be all borne by you, and the platform will not bear any responsibility.

b. If any force majeure incidents (such as system failures in technical incident, delayed update of client terminals, incorrect installation, network connection failures, security loopholes beyond reasonable control, etc.) that occur beyond the control of the platform, the platform will not be responsible for any claims and losses arising from this incident.

c. The platform recommends you use mobile devices for trading or receive data carefully. As mobile devices are restricted by network connections, they may not provide the same functions as when accessing the platform through a web browser. The platform shall not be responsible for any losses, damages, costs or expenses arising from your use of mobile devices, including but not limited to loss of profits, direct, indirect or incidental damages incurred during use.

d.To use the copy trading service, it is necessary to clarify that the platform only provides the copy trading order service, and sends the trader order as synchronized with the trader to the market under the user's authorization to deal with the market counterparty. Limited by reasons such as changes in market conditions, changes in market depth, and time-delayed execution of system instructions, there is no guarantee that the copied orders will have the same opening (closing) price, opening (closing) time, and profit/loss (profit/loss ratio).

4. Effectiveness, Modification and Termination of the Agreement

a. This agreement will take effect from the moment you become a follower or trader on the platform, until the termination of this agreement and breach of contract. Either party can terminate this agreement at any time. If you need to cancel this agreement, please notify the termination in writing or by mail in advance. After receiving the notice, the platform will notify you in writing or email within 7 working days to clarify the termination of this agreement.

b. In order to maintain the legal rights and interests of the platform and improve this agreement, the platform reserves the right to modify the relevant terms of this agreement and the final interpretation. If you modify the relevant terms of this agreement, the platform will make the necessary specific notice through the official website (or email and other communication means). When you enjoy various services, please check and understand the relevant amendments in a timely manner, and consciously abide by this agreement and related service agreements. Even if the platform revises the trading conditions and any part of the execution rules, you will continue to be bound by this agreement.

Source: Bityard

[Cordillerabit]

Stop Copy Trading

1. Bityard App – Account – Copy Trading

2. Select a trader, click the “Edit” button to enter the edit page, turn off the “Copy Switch” button, or click “Stop Copying” in the upper right corner.

Tips: After stopping copy trading, open positions will not be affected.

Source: Bityard

[Cordillerabit]

Adjusting Copy Trading Settings

1. Open the Bityard App – Account – Copy Trading

2. Select a trader and click the “Edit” button to enter the edit page. You can modify the margin, daily copy trading amount, maximum position amount and Stop Loss by ratio. Once you finish the adjustment, click “Save”.

Source: Bityard

[Cordillerabit]

Copy and edit setting instructions

After the user selects the trader to copy, he needs to edit the copy to complete the copy setting.

Copy switch: After you manually close it, it will no longer automatically follow the trader to place orders, and the orders that have followed the opened positions will remain synchronized without being affected.

Copy amount: The amount of a single follow-up trader's order. (That is, no matter how many traders place, the amount you copy is the same)

Example: The trader places an order amount of 100USDT, you set 2USDT, and the order you follow is 2USDT.

Proportional copy: The design of proportional copy is to allow followers to follow the relative principal size of several orders before and after the trader. To

Example: If the trader places an order for 100USDT, and you set the copy ratio to 20%, the copy amount is 20USDT.

Warning value: Set a maximum copy amount that you can accept. If the single amount is greater than the warning value, the system will copy the order at the amount set by the warning value. The maximum warning value can be set to 200USDT.

Note: If the single copy amount is less than 5USDT, the copy will fail.

Single-day follow-up principal: After the accumulated copy amount in a single day reaches the value, it will no longer follow the order, and the maximum setting limit is 4000USDT.

Example: Suppose you set a 100U order and set the follow-up amount of a single day to 300U, then the fourth order will not be copied.

advanced settings:

Maximum position amount: that is, the total amount of the position that follows the trader's position. Once this limit is reached, there will be no copying. The maximum setting limit is 4000USDT

Example: Suppose you set a single copy of 100U, and set a maximum position of 100U, then you can only wait for the last position to be closed before following orders.

Order stop loss ratio: If you set 70%, the default stop loss ratio for follow orders is 70%; if you set [Unlimited], it will automatically follow the stop loss ratio set by the trader.

Example: Suppose you set 70% of the stop loss price, and the stop loss will be triggered when the loss following the order reaches 70%.

After the above settings are completed, click Save to complete the copy setting.

Source: Bityard

[Cordillerabit]

Risk warning for document copy function

Bityard provides copy trading function. When deciding to copy one or more traders/or implement a specific strategy, you must consider your overall financial situation, including financial planning, and understand that the use of copy trading features is extremely speculative and you may suffer Larger losses in excess of the amount used to copy the trader. The risks associated with the copy trading function include but are not limited to automated trading operations, that is, your account can start and end trading without your manual intervention.

Automatic transaction execution and other related transaction operations can complete opening and closing transactions in your account without your manual operations;

Bityard investment management services are at your discretion. You decide to copy a specific trader or multiple traders and/or follow a specific trading strategy. When making these decisions, you have considered your overall financial situation including financial planning, and understand that using the copy trading function is extremely speculative, and you may incur losses than the amount used to copy this trader Much bigger；

The copy trading function we provide is for reference only. Employees and agents of Bityard and its affiliates are not investment or financial advisors. If you make an investment decision based on the information provided on our website or the information obtained through the copy transaction function, you should bear your own risk, and Bityard and its affiliates, its employees and agents will not bear any losses;

You should make your own research and judgment before making an investment decision. You should independently determine whether your investment, strategy, or any other products and services meet your own needs based on your investment objectives and personal and financial conditions;

If you conduct other transactions on your own or modify or cancel the instructions generated by the copy transaction function, the asset performance of your account may be significantly different from the user you are copying. Withdrawals and withdrawals of copy objects may also cause differences in the performance of the two accounts, because these measures may affect the ratio of copy transactions;

Our user's past performance, risk rate, statistical data, and all information about the user displayed on our website and apps do not represent future performance and should be treated as hypothetical situations;
Past performance and/or risk ratio should be considered hypothetical performance. Assuming performance has many inherent limitations. It shall not be stated or guaranteed that any account will be able or may obtain gains or losses similar to past performance or displayed risk rate. The actual profit/loss percentage of each investor may vary, depending on many factors, including but not limited to: account balance (deposit and withdrawal) at the time of trading, market behavior, investor’s account settings, and copy orders The actual performance of the subject.

Source: Bityard

[Cordillerabit]

Currency exchange fee

Bityard currency exchange fee is currently 0.05%.

Source: Bityard

[Cordillerabit]

Transaction fee

Contract fee：

Bityard trading fee has been adjusted from 0.075% to 0.05% and the formula has also been changed.

The formula for the trading fee is changed to:
Opening Fee=Margin*leverage*0.05%
Closing Fee=Margin*leverage*0.05%

Note: Bityard will pre-deduct the opening and closing fee [0.1%] when opening a position, and will not be charged when closing a position.

 

Derivatives handling fee:

The derivatives handling fee is:

Opening fee = margin * leverage * 0.025%
Liquidation fee = margin * leverage * 0.025%

Note: Bityard will pre-deduct the opening and closing transaction fee [0.05%] when opening a position, and will no longer charge it when closing a position.

 

Spot handling fee：

Bityard's current spot procedures are:

Maker/Taker

0.1%/0.1%

 

Note: The handling fee is charged separately when buying/selling.

Source: Bityard

[Cordillerabit]

When will the transaction fee be charged？

The transaction fee is only generated when the order is opening,it will be deducted from the account balance and does not affect the initial margin.

Source: Bityard