Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

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.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

Bitcoin

You can use Bitcoin for cross-border payments, as a store of value, to pay for goods and services and even to earn passive income.

 was the first cryptocurrency ever created, introduced to the world by a pseudonymous creator called Satoshi Nakamoto back in 2009 as an alternative to traditional fiat currency. 

This virtual currency isn’t owned by any one central authority, for instance a bank or government. Instead, it's created, distributed and stored on a decentralized ledger system known as a 

Despite facing numerous challenges (such as mining bans in certain locales), Bitcoin has grown to become a 

 and the world's largest cryptocurrency by 

. Nevertheless, if you’re a beginner, you may find Bitcoin a bit intimidating, despite its global popularity in the crypto space.

The truth remains, however, that interacting with the Bitcoin network isn’t as complex as it may seem. In this article, you'll find everything you need to know about using Bitcoin, including choosing the right Bitcoin wallet and how to use Bitcoin to amplify your profits.

When you buy Bitcoin, you need to find a wallet to store it. Well, not the leather or synthetic kind you probably own. As you may already know, Bitcoin is a virtual currency, which means you can only store it in a crypto wallet. A 

 is a software program that allows you to interact with Bitcoin, but more importantly, it’s the digital vault that keeps your Bitcoin safe. 

. Hot wallets are connected to the internet, while cold wallets operate offline. 

Hot wallets are also called hosted wallets, since they’re automatically created for you when you buy Bitcoin on a third-party platform. They’re the easiest wallets for beginners because they don’t require any more action from you. Hot wallets include web wallets, mobile apps and browser extensions. 

Hot wallets are pretty convenient for storage of small amounts of Bitcoin. Since they provide easy access, users actively trading Bitcoin or withdrawing and depositing frequently will also find them handy. The biggest drawback of hot wallets is that they’re always online, which makes them vulnerable to hacking.

Some of the most popular hot wallets that accept Bitcoin are Exodus, Guarda and Trust Wallet, among others.

On the other hand, cold wallets are tangible objects that include hardware and 

. A hardware wallet is a physical device — usually a USB stick — that requires a software program to run all of its operations. 

Cold wallets are a good storage option for long-term investors, or for users who prioritize security for their large Bitcoin holdings. These wallets come with an extra layer of protection because they’re almost entirely offline. Some popular cold wallets for Bitcoin are 

To choose the best wallet for you, here are a few factors to consider.

Keeping your Bitcoin safe is your first priority. Make sure that the wallet you choose has enhanced security features, such as two-factor authentication (2FA) and fingerprint recognition protocols. Ultimately, cold wallets guarantee the best security for your assets.

Before entrusting a company or device with your Bitcoin, refer to different forums, such as Reddit, to see what other users are saying about it. If they flag a wallet for breach or other security flaws, you need to move on to a more reputable option.

There are two types of wallets in this category: 

. Custodial wallets, typically used by centralized platforms such as crypto exchanges, store your private keys on your behalf. This type is suitable for beginners, since it’s easier to use and to recover. A noncustodial wallet gives you access to your private keys, which means you're in complete control of your assets. 

As a beginner, you may have to trade off security for ease of use, but we encourage you to find a cold wallet for your Bitcoin as soon as you get comfortable navigating the crypto space. Among the best Bitcoin wallets to consider are Exodus Wallet, which includes support for cold storage, and Trezor for its robust security.

Your wallet comes with a public and private key. These allow you to conduct transactions on the Bitcoin blockchain. The public key is generated by the wallet, and you can show it to people when they need to send you Bitcoin or other assets. The private key is your password, and you 

 keep it secret. This key proves ownership of your funds and allows you to spend them.

The reasons why you may want to send and receive crypto may include:

This procedure may vary depending upon your wallet, but generally includes the following steps:

To make sure you never lose your Bitcoin due to user error, try the following strategies:

The sender does most of the work here. All you’re required to do is send your address and wait for Bitcoin to reflect in your wallet. Occasionally, the sender may give you the transaction ID, which allows you to monitor the transaction’s progress.

There are two ways you can get Bitcoin 一 buying it or mining it.

Bitcoin mining is the process of validating transactions by generating a cryptographic solution that legitimizes them before they’re packaged into blocks and added to the network. This keeps the integrity of the network in check.

The Bitcoin miner that reaches a correct solution first is rewarded in Bitcoin from the fees. But be warned: 

 isn’t easy. When Bitcoin was first released, it was possible to mine on a personal computer or GPU. However, this didn't last for long because as more Bitcoin miners joined the network, it became harder to solve the mathematical puzzles, also known as 

Currently, you need sophisticated hardware to mine Bitcoin, such as application-specific integrated circuits (ASICs), which cost thousands of dollars to speed up the process. These machines are built specifically for mining and can generate trillions of hashes per second. 

Safe to say, your chances of mining Bitcoin alone are close to nanoscopic. The other alternative is to add mining software that’s compatible with Bitcoin to your personal computer and join a Bitcoin mining pool, which is a group of miners who use their collective computational power to compete against 24/7-run ASIC farms. Even then, if you solve the problem first, you’ll have to share the returns — currently at 6.25 BTC per block (which will reduce to 3.125 BTC in the next 

). It may not be worth the effort and resources invested.

As a beginner, mining may not be the best option to acquire Bitcoin. It's expensive and lengthy, and as some experts predict, your chances of receiving 1 BTC are 

Let’s get to a more practical way of obtaining Bitcoin. 

Bitcoin is the most popular cryptocurrency, so you can easily obtain it in various ways.

Digital currency exchanges like Bybit allow you to buy Bitcoin, store it in your hot wallet and conduct your transactions. As we discussed earlier, moving your crypto from your hot wallet to a more secure cold wallet is prudent.

Most wallets provide mobile or web-based apps that allow you to purchase Bitcoin at the best market prices. As with exchanges, these wallets can also automatically hold your Bitcoin and facilitate Bitcoin transactions.

 look like regular cash ATMs, except that they allow you to use cash or debit/credit cards to buy Bitcoin. These ATMs are found in malls, airports, restaurants and gas stations. Once you purchase BTC, you can direct it to your preferred wallet. The best option is to have a wallet ready before visiting a Bitcoin ATM.

Of course, you can also buy Bitcoin face-to-face. You can give cash to a willing seller in exchange for an agreed amount of Bitcoin. However, be aware that this poses a certain degree of risk, as you’re purchasing Bitcoin directly from a stranger.

Now that you have your Bitcoin, what can you do with it?

Bitcoin was initially introduced as an alternative P2P payment method. However, its uses have gradually expanded due to its increased value and integration into the mainstream marketplace. 

Here are five ways you can use Bitcoin to explore the crypto space and beyond.

There’s no doubt that Bitcoin is a valuable digital asset. But you may wonder: “Can I use Bitcoin like real money?”

The answer is YES. You can use Bitcoin to pay for goods and services as you would with fiat currency. More companies are increasingly accepting Bitcoin as a mode of payment.

Following are some of the things you can do with it.

Ready to travel the world? You can book your hotel and accommodations on numerous travel sites with your Bitcoin, like Travala and Bitcoin.Travel. You can also book your flights using Bitcoin on Alternative Airlines.

Buy an apartment, house or mansion with Bitcoin in countries like the United States, Switzerland and Italy on popular sites like Bithome. 

Many sports clubs, including the Tennessee Titans, Oakland Athletics and Dallas Mavericks, accept Bitcoin as payment for tickets and purchasing NFTs.

Online shopping sites like Overstock and Newe

 allow customers to pay for items with Bitcoin, including clothing, electronics, toys and other household goods. 

Well, Amazon doesn’t accept Bitcoin. However, cryptocurrency e-commerce stores like Bitrefill let you buy gift cards from Amazon and many other sites with Bitcoin. Another P2P marketplace, PurseIO, connects you to people willing to exchange Amazon’s gift cards for Bitcoin.

Are you into the unique digital entities known as non-fungible tokens (

)? Join the elite club of owners of the new 

 with satoshi inscriptions on popular marketplaces such as Gamma.io and Magic Eden. 

Looking for a card that gives you access to your funds wherever and whenever you need them? The 

 is a physical Mastercard debit card connected to your Bybit account that allows you to pay for all the items listed above at over 90 million Mastercard merchants globally. With a few clicks, you can apply for the card through your Bybit account and begin using the virtual card immediately as you wait for the handy Bybit Card.

If you want to use Bitcoin to make money, two trading opportunities can make you a good profit: spot trading and derivatives trading. 

 is made of two assets that can be exchanged for each other at the present market price. For instance, you can trade your Bitcoin for fiat currency (BTC/USD) or as crypto-to-crypto (BTC/ETH).

 involves a contract agreement to either buy or sell a certain amount of Bitcoin at a specified price and date. The margin between the speculated price and the current market price determines your profit.

With Bybit, you can leverage different types of derivatives, such as 

 contracts. Perpetual contracts are trading agreements that don’t have an expiration date. The terms can remain binding as long as the trader pays the required holding fees. Meanwhile, Options take on the full meaning of a derivative, as you can buy or sell Bitcoin at an agreed-upon price at a predetermined date. 

Don’t worry if all these trading terms seem a bit overwhelming. Bybit is all about making trading experience a breeze for beginners with strategies like copy trading or tools like Grid Bot trading. 

Copy trading allows beginners to follow up to 10 Master Traders at one time, and invest in trades similar those that they've made — hence, the term 

. This strategy helps you to execute trades and maximize profits with the least effort. 

Grid trading requires you to place orders above and below a particular price level. A 

 automatically executes the orders, taking away the hassle of constant market monitoring and manual trading. 

Bitcoin investing can be conducted on both 

 platforms and centralized cryptocurrency exchanges. If you plan to use Bitcoin to 

 on DeFi platforms, you must wrap your Bitcoin. But what does “wrapping Bitcoin” mean?

Investing in the DeFi space is a brilliant investment idea because it holds great opportunity. But herein lies the problem: Bitcoin is incompatible with the major applications found on the Ethereum network — where most of the DeFi ecosystem is built. The only way it can work on this blockchain is to get “wrapped.”

Wrapping Bitcoin simply means making a digital currency representing Bitcoin on the Ethereum network, denoted as 

 that derives its value from Bitcoin. You can use it to invest in 

To acquire WBTC, you need to make a request to a merchant such as DeversiFi. The merchant then mints the token after locking the Bitcoin in reserve. 

Among the investment opportunities you can explore in the DeFi space are:

Meanwhile, centralized exchanges enable beginning crypto investors to easily invest in BTC without having to learn the intricacies of wrapping the crypto. Bybit, for instance, offers you numerous platforms to earn interest directly from Bitcoin:

How to Use Bitcoin in 5 Ways (A Beginner's Guide)

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