Apr 21, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — Trump wants to fire Powell? 

US president Donald Trump is actively considering firing Federal Reserve Chairman Jerome Powell, following Trump's public criticism of Powell for not moving quickly enough to reduce interest rates. National Economic Council Director Kevin Hassett confirmed that the administration is examining this option, suggesting that Powell's actions have politically favored Democrats. Hassett argued that the Federal Reserve's decision to raise interest rates shortly after Trump took office was intended to undermine the economic impact of the tax cuts implemented during his administration, which were deemed inflationary. He further criticized the Fed for not addressing inflation concerns stemming from federal spending under President Biden, implying a lack of accountability.

During a recent press conference, Trump conveyed his dissatisfaction with Powell, asserting that if he wanted to remove him, it could happen "real fast." While he did not explicitly state his intention to dismiss Powell, his remarks highlighted the growing tensions between the White House and the Federal Reserve regarding monetary policy. Hassett defended Trump's frustrations, advocating for a focus on economic policy rather than interpersonal conflicts. This situation underscores the complex dynamics between the executive branch and the central bank, as Trump navigates economic challenges leading up to the next election.

Weekly crypto highlight — XRP ETF coming

HashKey Capital has officially launched the HashKey XRP Tracker Fund, marking the first investment fund in Asia designed specifically to track the performance of XRP, the digital asset integral to Ripple's global payment ecosystem. This fund is aimed at professional investors and offers a unique opportunity to gain exposure to XRP without the complexities of direct asset management. Investors can subscribe through cash and in-kind options, with the fund providing monthly liquidity.

Ripple, as an early backer of the fund, is looking to enhance its strategic partnership with HashKey Capital, which already manages Hong Kong–listed spot ETFs for Bitcoin and Ethereum. This collaboration not only solidifies Ripple's presence in the Asian market, but also opens avenues for future financial products, such as the potential tokenization of a money market fund on the XRP Ledger. Fiona Murray, Ripple's Managing Director for the Asia-Pacific region, highlighted that this partnership is part of a broader strategy to introduce more regulated cryptocurrency products for institutional investors in the region, aiming to foster a more robust crypto landscape in Asia.

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Weekly Institutional Insights: Trump’s desire to fire Powell might induce volatility; XRP ETF coming

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Daily top performer — Pyth Network (PYTH)

The S&P 500 dropped 1.5% to 5,282.70 this week, down 5.9% in April and 10% year-to-date, led by tech losses. Real estate and energy outperformed, while political pressure on Fed Chair Powell and inflation concerns weighed on sentiment. Gold dipped 0.6% to $3,319 after a record high, as Powell’s stagflation warning tempered its rally. Despite the pullback, the uptrend remains intact. The Coindesk Indices, which tracks the broader crypto market, are up by 0.77%, with Bitcoin and Ether rising 0.64% and 0.72%, respectively, over the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PYTH, up 10.1%, following the launch of Pyth Entropy for secure on-chain random number generation by Soneium.

Pyth Network (PYTH),  is a blockchain oracle system that delivers real-time crypto price data to blockchains, enabling smart contracts to react to market changes. Soneium 

 Pyth Entropy, a tool for securely generating random numbers on-chain. Two apps, HandsNFT AI and 2p2e, are already utilizing Pyth Entropy to create unpredictable and engaging experiences.

Check out the latest prices, charts, and data of 

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards. This approval follows recent changes to local laws, with China Asset Management (ChinaAMC) partnering with OSL Digital Securities to launch the ETF by May 15. The ETF will offer exposure to Ethereum staking, transforming it from a passive investment into an active participant in the Ethereum network. The staking process is powered by Kiln, with OSL providing custody and insurance services. The rewards will contribute to the ETF's net asset value, benefiting shareholders.

Yesterday, Bitcoin spot ETFs saw $25.9M in inflows, all from non-GBTC funds, while GBTC recorded no flow.

" and a points campaign called Drops, where users can earn points—potentially leading to an airdrop—by engaging with Linera content on X. To join, sign up on 

, complete tasks like joining Discord and interacting on X, then enter the campaign. Keep engaging to earn more points, but avoid spamming.

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Hong Kong approves Ethereum ETF with staking rewards, boosting institutional participation

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

US president Donald Trump’s tariff policies are influencing both crypto and US equities. Last week, BTC and the S&P 500 rallied due to a 90-day pause in reciprocal tariffs (excluding China). Equities are slightly below their April 9 highs, while BTC is holding above $83K. Its implied volatility term structure has normalized, and the volatility skew has improved from last week’s bias toward out-of-the-money puts, though it hasn't fully shifted toward calls.

Please check out the report’s highlights.

Tariff pause briefly brings back trading volume

Since our last report, open interest surged on Apr 9, 2025, as crypto spot prices rose after President Trump’s temporary tariff pause, accompanied by a nearly $10B increase in trade volumes. However, trade volumes have since returned to mid-March levels, and open interest has declined from the April 9 highs. The initial price spike indicates the tariff pause surprised the markets, but the subsequent pullback reflects concerns over remaining tariffs.

After being inverted for much of April due to trade policy shocks and macro headwinds, BTC’s term structure has disinverted, with front-end volatility dropping significantly this week. Call and put volumes have been balanced, with calls slightly exceeding puts most days. Apr 9, 2025, reflected mixed market sentiment, as both call and put volumes rose, but puts were higher overall. Open interest remains greater in calls, and has increased slightly since last week, reaching its highest level for the month (more than double from the beginning of April).

Despite a rally on Apr 9, 2025 that brought ETH close to $1.7K, traders sought downside protection, leading to higher volumes in put contracts as compared to calls. Since then, ETHUSDT options volumes have declined, but open interest remains strongly weighted toward calls with later expirations, which have increased since last week. After being inverted for much of April, ETH’s term structure of volatility has flattened, with volatility compressing around the 70% mark across tenors.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 16, 2025): Bitcoin put bias has moderated, but not yet shifted to calls

KiloEx (KILO) is a user-friendly DEX for perpetuals trading, offering high leverage, rewards, LSTfi integration and a robust multi-chain ecosystem.

 trading is one of the most lucrative areas for cryptocurrency enthusiasts if you know how to navigate the sometimes complex world of these contracts. Unlike standard futures, perpetual futures contracts have no expiration date, allowing traders to hold onto their positions as long as they prefer. You only exit a crypto perpetual (or “perp”) contract when you feel it’s the best time to execute your long or short trade. The lack of an expiration period makes these contracts attractive for traders.

Unfortunately, many crypto perpetual contract trading platforms are far from user-friendly. It seems like many perpetual crypto exchanges assume that only professional traders dabble in these contracts, and along with that assumption goes a second one — that these pros can navigate even the most complex user interfaces. As a result, finding a user-friendly perps platform is a challenge in the world of crypto trading.

 (DEX) that aims to change the status quo by providing a user-friendly environment for traders. Its platform also offers high leverage ratios, integration into the wider liquid staking token finance (LSTfi) ecosystem and generous reward programs for referrers and affiliates.

Thanks to its numerous benefits, this DEX caters to the needs of traders at all levels of expertise who are interested in crypto perpetuals. Operational since mid-2023, KiloEx launched its native token, KILO, in March 2025 to further enhance its platform's reward, staking and governance mechanisms.

 (BNB) that specializes in crypto perpetual futures trading.

 The platform prides itself on offering a user-friendly interface, high 

 ratios of up to 100x, multi-token vaults with generous APYs and a number of reward programs for referrers and affiliates.

Co-founded by Joey Ni (CEO) and Charles Gong (COO), KiloEx was originally launched on BNB Chain's mainnet in June 2023. As of mid-April 2025, the platform has additionally expanded its service coverage to five 

 (B2). This coverage allows KiloEx to access the ecosystems of three leading blockchain platforms — 

Manta, Base and Taiko are Ethereum-focused Layer 2 solutions, while opBNB is an efficient and low-cost optimistic rollup for the BNB Chain, while B

 is a platform linked to Bitcoin that acts as a major Bitcoin DeFi (BTCFi) enabler.

Because it’s a BNB-native platform, KiloEx's industry footprint is most notable within this blockchain's broader ecosystem. In fact, as Apr 17, 2025, KiloEx is the top DEX on the opBNB network by 

Using Layer 2 chains allows KiloEx to offer its users fast and low-cost transactions, which isn't always possible on a typical Layer 1 network. It's true that BNB Chain, the primary Layer 1 used by KiloEx, generally has much lower gas fees than Ethereum, the industry's leading 

 chain that’s notorious for its exorbitant costs. However, KiloEx's partner Layer 2 networks help drive costs and transaction times even lower. BNB Chain's current average gas fee is slightly over $0.10, while the opBNB Layer 2 rollup's comparable fee is only about $0.005.

In 2024, the platform introduced one of its most innovative features — the 

, which allows liquidity providers to stake multiple assets to earn high yields. That same year, KiloEx significantly expanded its partnership network, becoming an active player in the LSTFi ecosystem. LSTFi is a new stream within the DeFi industry that allows you to use 

 (LSTs) on various protocols for additional yield.

Having solidified its market presence in 2024, the project launched its native token, KILO, in March 2025. However, in mid-April 2025, KiloEx 

 and halted trading on April 15 as a risk management measure, pending investigation of the damage.

The Hybrid Vault is among the most innovative features offered by KiloEx. Essentially, it acts similarly to liquidity pools on other exchanges. Liquidity providers can contribute their crypto funds to the vault to support trading activity on the DEX and earn interest on their contributions, based on the fees earned by the protocol.

You can contribute a mix of coins to a KiloEx vault. Supported assets include 

Depending upon trading activity and the mix of coins contributed, you can earn APYs as high as 30%, making KiloEx one of the most lucrative choices for liquidity providers in this niche.

KiloEx uses a health factor calculation for this type of vault to keep your funds and the entire ecosystem safe. Based on the health factor score of your contribution to the vault, your funds could be liquidated if their value drops dangerously low.

Discounts are also offered for fixed-term deposits for established assets, such as USDT and USDC. Withdrawals for the fixed deposits are processed upon maturity, while all other withdrawals are processed within one to three "epochs," with each epoch on the platform lasting about three days. Thus, depending upon your contributed funds, you’ll wait anywhere from three to nine days to receive your crypto back.

The KiloEx platform also runs a generous referral program under which you can earn rewards for referring your friends to the platform. The amount you earn depends upon the trading volumes generated by the people whom you’ve referred. Additionally, your referees to the DEX can also benefit from fee rebates, again depending upon the volume of trade they generate.

There’s a tiered system, comprising nine levels, based on which you and your friends earn commissions and rebates. Under this system, even those referred traders whose monthly volume is at the lowest level (below $5,000) can still benefit from 5% rebates, while you also earn a 10% commission.

The table below shows the structure of this referral system with percentages for commission and rebates based on monthly trading volumes.

KiloEx offers an affiliate program for key opinion leaders (KOLs) with a certain level of social media following and influence in the crypto market. KOLs may apply to join the program by filling out an application, which is then considered by the project team within 48 hours.

To qualify for affiliate status, a KOL must have: 

Approved affiliates are provided a link to the platform, and are encouraged to invite their followers to trade on the KiloEx. If they invite at least five followers who trade at sufficient levels, the affiliates can start earning their commission. KOLs can earn up to 55% commission, depending upon the referred followers' trading activity.

KiloEx’s native utility token, KILO, is a 

 asset launched on BNB Chain. It’s used on the platform for governance, fee discounts on trades, rewards via 

, liquidity provision incentives and staking.

KILO is a supply-capped asset, with a maximum and total supply of 1 billion. The token’s supply allocation shares are shown in the chart below.

xKILO is an escrowed version of the KILO token. You can convert KILO to xKILO at a fixed rate of 1:1. The primary utility of xKILO is to provide boosted liquidity provision, which makes it possible to receive staking rewards. By locking xKILO on the platform, you can access special discounts and other benefits reserved for VIP-level users. Holding xKILO also grants you governance power to vote and influence the platform's future direction.

Unlike KILO, xKILO is nontransferable and isn’t tradable on the secondary market. The only ways to obtain xKILO are either to buy it with KILO or receive it via airdrops.

Platform users can earn points to qualify for KILO airdrops. Typically, you accumulate points by trading, depositing funds, referring others to the DEX, checking in to the platform and completing other specified eligible activities.

The project’s initial airdrop, Genesis Season, had an eligibility snapshot taken back in July 2024. Under the currently running airdrop campaign, Pioneer Season, users can earn points to receive KILO tokens for 180 days past the token generation event (TGE) in late March 2025 (i.e., until late September 2025).

Additionally, you can earn KILO tokens on Bybit simply by participating in the 

 event and holding BNB in your account. Every day at various random times, Bybit will take snapshots of your BNB holdings in your Funding and Unified Trading Accounts to calculate the number of KILO tokens you’re eligible for. The campaign will run through Apr 25, 2025, 11:59PM UTC, and you’ll have your share of KILO airdropped seven days after this date.

 market as a swap pair with USDT. If you don't have a Bybit account, you can easily 

, and access opportunities across hundreds of trading pairs and crypto products on the exchange's Spot and Derivatives markets.

As of Apr 17, 2025, the KILO token is trading at $0.039, which is 76.2% lower than its ATH of $0.1648 on Mar 27, 2025, and 17.3% higher than its ATL of $0.03344 on Apr 12, 2025.

Long-term price forecasts for KILO are mostly bullish. CoinCodex 

 at $0.0387 in 2027 and then rise to $0.135 in 2030 while PricePredictions 

When it comes to perpetuals trading, both traditional 

 (CEXs) and DEXs have often struggled to offer an intuitive trading experience. In contrast, KiloEx has made user-friendliness a cornerstone of its operations. With KiloEx, you can enjoy a streamlined trading process, access market trends info for thorough research, get an overview of the cryptocurrency market and conduct other activities via an interface that’s designed for anyone, irrespective of their familiarity with decentralized trading.

The platform also boasts a diverse range of other benefits not easily found in the world of perpetuals-based cryptocurrency trading — generous leveraged trading options, trading fee discounts, lightning-fast trades, low trading fees and an innovative Hybrid Vault system. Many of these benefits are thanks to KiloEx's collaboration with several Layer 2 decentralized platforms, which provide the technical infrastructure to enable low costs and fast order processing.

If you’re a crypto perpetuals enthusiast, KiloEx is definitely a platform to peruse.

Intermediate

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KiloEx (KILO): More than a DEX — a rewarding ecosystem

Bitcoin

Investing

You can invest in Bitcoin through various ways: Bitcoin mining, buying on crypto exchanges or money transfer apps, Bitcoin ETFs and Bitcoin trusts.

By now, you’ve undoubtedly heard about Bitcoin and how it’s the next revolution in the world of money. Over the years, Bitcoin has been tried and tested, making it one of the 

Recently, there's been increased interest in Bitcoin, including on the part of institutional investors such as mutual fund issuers, major tech companies and financial firms incorporating this groundbreaking digital currency as part of their portfolios.

However, despite Bitcoin’s popularity, navigating the world of Bitcoin and other cryptocurrencies can be tricky and hectic, especially for a beginner. In this article, we bring you helpful tips on how to invest in Bitcoin, and where you can find the best Bitcoin investing strategies.

 (BTC) is the world’s most popular virtual currency. As the first cryptocurrency to successfully enter the market (in 2009), Bitcoin immediately stood apart, since it doesn’t operate under mainstream finance controls. 

Instead, it uses a distributed and immutable public ledger powered by 

 to manage and track all transactions. Bitcoin is used to facilitate fast and cheap peer-to-peer (P2P) payments across the globe. It has also risen as a store of value, with investors buying the asset to trade or hold for the future. 

. With an internet connection, you can securely buy and sell Bitcoin from anywhere in the world.

Bitcoin, like all cryptocurrencies, is a highly volatile asset — a high-risk, high-reward investment. Its price can fluctuate in minutes, leading to either big profits or huge losses. 

So, how much Bitcoin should a beginner invest?

 to keep your investment from turning into a minefield. Start by investing between 5% and 30% of your investment capital, with 5% as the safest and 30% on the riskier end. As you increase your risk tolerance, you may increase the investment range. However, a cardinal rule, as with any asset, is to invest only what you can afford to lose.

As we mentioned above, navigating the world of Bitcoin investing can be tricky and risky. Following are some tips you can apply to invest in Bitcoin strategically.

Following are seven of the best ways to invest in Bitcoin.

 is the process of creating new Bitcoins as a reward for completing the complex computational problems that validate Bitcoin transactions on its network. Put simply, individuals called miners compete to solve extremely complicated math problems to get a predetermined amount of Bitcoin, currently at 6.25 BTC per block. 

As a solo miner, you would require expensive computer hardware using copious amounts of electricity. Then you’ll have to contend with the ever-increasing mining difficulty, Bitcoin 

 and the low odds stacked against you — about 1 in 26 million. 

Even if you were successful at mining Bitcoin, there’s no guarantee it would be profitable in the end when you equate the reward to the costs you’ve incurred. This is especially true since Bitcoin mining rewards are reduced by half after approximately every four years in an event known as 

. The next Bitcoin halving, scheduled for April 2024, will bring the block reward down to 3.125 BTC.

For these reasons, Bitcoin mining has increasingly become less profitable, and may not be the best strategy for investing in Bitcoin. 

, however, is a viable way to reap rewards from Bitcoin without directly owning the asset.

Cryptocurrency exchanges provide the most straightforward way to buy Bitcoin. These platforms are popular because they’re cost-effective and easy to register with. They don’t charge hidden fees, and they offer a variety of extra security features, including online wallets to store your crypto.

Cryptocurrency exchanges are categorized into two types — centralized and decentralized. 

 (CEX) is the most common type that investors use to buy crypto. As a third-party platform, it helps you complete safe Bitcoin transactions, with stringent protocols in place to safeguard your holdings. A CEX’s simple and friendly interface allows you to use fiat currency to 

, making it a convenient and safe space for beginners.

 is one of the most popular and trustworthy centralized exchanges for Bitcoin transactions. The platform offers you the best prices in the market with triple-layer asset protection, advanced privacy and data protection. 

 (DEXs) cut out intermediaries to allow for peer-to-peer transactions. Users enjoy anonymity and more autonomy over their funds, less red tape and fewer regulations around transactions. These exchanges are less popular mostly because they are more complicated than CEXs. Users need to remember their account credentials and acquaint themselves with their platform’s operating style, or risk losing their holdings forever.

Bitcoin Trusts and Exchange-Traded Funds (ETFs)

Many investment companies are looking to meet their clients’ demands for cryptocurrency. One way they do so is through Bitcoin trusts, an easy way to get exposure to Bitcoin without directly owning it. 

Accredited investors who meet the set income and experience threshold can buy a limited number of private shares through brokerage or retirement accounts, but without the private key or other crypto exchange storage concerns. By buying through a trust, you rely on your brokerage to buy and manage your Bitcoin assets.

 is the most popular investment trust, with over $15 billion in assets under management as of September 2023. GBTC stores the actual Bitcoin, tracks the underlying price and trades its retail index on the open or over-the-counter market.

Another option that’s similar to a trust is an 

, or ETF. A Bitcoin ETF is a pool of investment funds that tracks Bitcoin’s price and can be bought or sold throughout the day. It offers beginners an easy, simple and cheaper way to add Bitcoin to their portfolios.

ETFs follow the price of Bitcoin, which means that when BTC fluctuates in value, they follow suit. However, they may deviate from the actual Bitcoin value due to various reasons such as market demand, trading volume and other market dynamics.

 that invest in futures are ProShares Bitcoin Strategy ETF (BITO), with over $1 billion in assets, and Evolve Bitcoin ETF (EBIT), with $76.17 million under management.

Whichever option you choose, you’ll find a safer and more convenient way to expand your portfolio with little to no effort.

For beginners who want to buy Bitcoin conveniently, money transfer apps like PayPal, MoneyGram and Cash App are great options. These platforms allow you to buy, sell and store Bitcoin. PayPal, for instance, lets you buy Bitcoin using your bank account, debit card or PayPal account balance.

 (or P2Ps) provide a venue where buyers and sellers can post their buy and sell orders. Many platforms may require you to create and verify your account before making a transaction.

You can initiate a trade once you choose your preferred offer and payment method. The seller sends the Bitcoin to the escrow account, and after receiving the fiat currency, the escrow account unlocks the Bitcoin and sends it to the buyer. Since P2P platforms connect buyers and sellers directly, you need to take 

For an even smoother Bitcoin trading experience, try out 

, which offers you more advertisers, third-party liquidity providers, competitive Bitcoin rates, and fast payment and release of your Bitcoin.

Traditional brokers have also ventured into the crypto space to offer their customers a way to buy and sell Bitcoin. They don't charge for Bitcoin trades, and only profit from a payment for order flow. 

Remember that when you choose a broker, they become the custodian of your assets, limiting your control over your investments.

For people living in areas with limited access to more conventional methods of buying Bitcoin, or if you're just looking for a simple way to complete a transaction, 

 can come in handy. All you need to do is insert cash or a credit or debit card in exchange for Bitcoin, which is then loaded into your crypto wallet. 

Most Bitcoin ATMs allow one-way transactions, either to buy or sell, while others support bidirectional functionality, which allows you to both buy and sell BTC. The charges to expect here are the fiat currency conversion and purchase fees. Make sure to compare the ATM's fee structures, as they tend to be high or low depending upon location. 

 from the Securities Investor Protection Corporation. Various crypto platforms may safeguard themselves against hacks and other financial losses, but that insurance does not protect you as their client from theft or any other kind of loss. As we’ve mentioned earlier, Bitcoin is a high-risk, high-reward investment.

As we’ve seen, there are numerous ways to buy Bitcoin. But as a beginner, you may still wonder where to start. Following is a simple four-step guide on how to invest in Bitcoin.

Before you make your purchase, you’ll need a 

 to store your digital assets. You can use two types of wallets to store your Bitcoin 

. They serve different purposes, and come with specific advantages and disadvantages. 

Hot wallets are online wallets that generate the private keys to your assets on interconnected devices, with the most popular being 

. Many exchanges offer a free hot wallet where your Bitcoin will automatically be stored upon purchase. However, some users prefer to transfer their assets to a third-party hot wallet provider. These versions are also largely free, easy-to-use downloadable wallets.

Hot wallets don’t provide the best security. If the exchange or third-party provider is hacked, which is a real risk, your information and assets are at risk. To keep hackers at bay, you need to adopt the bare minimum of two-factor authentication (2FA), strong passwords and enhanced safe browsing.

However, hot wallets are convenient for small transactions and when you need to access your assets on multiple trading platforms. 

A cold wallet usually is a small, portable hardware device that allows you to store your Bitcoin offline. It comes with software that lets you view your portfolio once connected to a computer. (Paper wallets also fall under the category.) Cold wallets are considered the safest storage option, since they aren’t vulnerable to malware or hacking attacks.

A hardware wallet is a USB-like device that keeps your keys safe in an offline environment. Some good examples of hardware wallets include 

 is simply a printout of your keys, considered obsolete since it’s easily damaged.

So, which one to choose — a hot wallet or a cold wallet?

Your choice depends upon your unique circumstances and crypto activity. If you're a beginner who requires a simple and convenient wallet, or if you’re an active trader, the hot wallet may be your best option. However, if you intend to become a long-term Bitcoin investor, you may require the cold wallet's extra security features to protect your assets. 

A cryptocurrency exchange is an online marketplace where you can buy Bitcoin. Its interface contains different types of trading opportunities and data that may initially be overwhelming. But once you find Bitcoin — and it's typically the first crypto on the list — the purchase process becomes easy to complete.

 is a trustworthy cryptocurrency exchange that offers a smooth trading experience at low fees. As a beginner, you need to find an exchange that allows you to buy Bitcoin with fiat currency. Bybit supports fiat deposits from either bank transfer or bank card, making it the best option to start your Bitcoin investing journey. 

Once you’ve selected your preferred exchange, you need to 

 on the platform. With many exchanges, including Bybit, you’re required to provide your 

 details to verify your identity. This may include providing your email address or mobile phone number to complete the verification process.

 into your account, via either bank card or wire transfer. Once your account is funded, you can use the fiat balance to purchase Bitcoin.

Once you have a balance in your funding account, you can purchase Bitcoin. The 

option on Bybit allows you to buy Bitcoin through the following methods:

. There are two payment methods you can go for. First, you can choose to link your credit or debit card to your account and use it to buy Bitcoin. Bybit currently supports Mastercard and Visa. Alternatively, use a third-party channel to process your Bitcoin purchase and credit your crypto into your Bybit account. Currently, Bybit’s 

 partners are Banxa, XanPool, MoonPay, Mercuryo and NeoFi.

You can also deposit your fiat cash into your Bybit account to fund it before buying crypto. Under the 

 option, select your preferred fiat currency to complete the transaction. Bybit currently supports over 172 fiat currencies. 

, you can find Bitcoin sale offers and make a trade with your preferred seller. P2P HotSwap is a new feature on P2P Trading that expands your options with more advertisers and third-party liquidity providers to make your desired trade.

This function is created specifically for long-term 

 who wish to grow their investments at a steady pace. It’s fully customizable, with a range of flexible plans to choose from. As a type of DCA strategy, it lowers your risk, since you don't make a lump sum investment.

Once you’ve purchased Bitcoin, we highly recommend that you transfer it to a cold wallet to guarantee safety. A cold wallet also gives you control over your assets, which may boost your sense of security and confidence as a Bitcoin novice.

Now that you own Bitcoin, what can you do with it? 

Here are some of the different ways you can earn more with your Bitcoin on Bybit

Here comes the million-dollar question: Is Bitcoin a good investment?

The answer is yes. Bitcoin is the world’s largest cryptocurrency, and has held its own since its inception 15 years ago. As of Sep 22, 2023, Bitcoin was trading at approximately $26,678 with a market cap of $520.03 billion. Experts are making highly optimistic predictions for the coming years. According to CoinCodex, Bitcoin’s price 

There’s always the potential to make big profits with Bitcoin. Remember, however, that it’s a highly volatile investment and could lose its value just as fast. In the end, it all comes down to your risk tolerance and financial goals. 

Are you looking to set up a source of passive income — or a long-term investment plan — and can Bitcoin help you achieve your goals? Once you answer these questions, you’ll know whether Bitcoin is the best option for you.

There’s no doubt that Bitcoin is the most popular cryptocurrency in the world. It may have undergone some turbulent times, but if experts’ predictions come true, it will dominate the market as the most valuable crypto for many years to come. 

Getting in on the action at this point may prove to be one of the best investment decisions you can make. And with all the Bitcoin knowledge you’ve acquired, why not start today?

How to Invest in Bitcoin (For Beginners)

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