Bybit celebrated the second anniversary of the Bybit Card at its Dubai headquarters, highlighting its rapid growth with over 1.5 million cards issued since launch.

The S&P 500 dropped 1.39%, entering correction territory amid Trump’s tariff threats and trade war concerns. Gold surged to a record $2,988, driven by trade uncertainty, recession fears, and Fed rate cut expectations. The Coindesk Indices, which tracks the broader crypto market, fell by 0.90%, with Bitcoin and Ether down by 3.36% and 2.63% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is S, up 7.9% after 0xGasless launched AgentKit on Sonic, enabling AI-powered, gasless on-chain automation.

Sonic Labs (S), established in 2018, is an EVM-compatible Layer 1 blockchain built from Fantom, delivering over 10,000 transactions per second. Its native token, S, replaces FTM at a 1:1 ratio. The network prioritizes high performance, interoperability, and developer incentives. 

, enabling AI agents to execute on-chain actions with NLP-powered automation and gasless transactions via smart wallets. Developers can use Sonic AgentKit to build DeFi copilots or automate blockchain tasks and contribute custom tools through its open-source GitHub.

Check out the latest prices, charts, and data of 

Bybit celebrated the second anniversary of the 

 at its Dubai headquarters, highlighting its rapid growth with over 1.5 million cards issued since launch. The exchange announced a limited-edition Premium Metal Card coming in 2025, alongside enhanced user experience features such as an improved rewards program, stronger fraud protection, and wearables connectivity. Backed by Mastercard’s global network, the Bybit Card supports multiple cryptocurrencies and offers seamless payments at any Mastercard-accepting merchant. Bybit reaffirmed its commitment to expanding crypto financial solutions and bridging digital assets with everyday transactions.

Yesterday, BTC Spot ETFs saw $180.9M in net outflows, with GBTC losing $12.7M and non-GBTC funds dropping $168.2M.

 $EDGE tokens to active traders on Solana and EVM chains. Users who traded on Jupiter, Odos, Hyperliquid, and more can check eligibility and claim by depositing funds and trading $1K spot volume via TWAP. Airdrop claims open in 19 days, with a raffle for 500 users to win 100K $EDGE tokens.

Beginner

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Bybit marks Bybit Card’s second anniversary with new features and expansion plans

Dogecoin Spot ETFs would offer a regulated vehicle for investors to capture Dogecoin's price movements without directly managing the cryptocurrency themselves.

 is defying expectations, transitioning from a crypto punchline to Wall Street legitimacy. In a landmark shift, the US Securities and Exchange Commission (SEC) has formally acknowledged Spot ETF applications for DOGE from heavyweight asset managers, including Grayscale and Bitwise, potentially catapulting the Shiba Inu–themed token into regulated markets. 

 (ETFs) would cement Dogecoin’s status as a serious investment vehicle, challenging perceptions of meme coins as fleeting novelties. 

This article delves into the mechanics of a Dogecoin Spot ETF, the current state of applications, their impact on the crypto market and the broader implications of such financial instruments.

A Dogecoin Spot ETF is a proposed exchange-traded fund that would directly hold Dogecoin as its underlying asset, allowing investors to gain regulated exposure to DOGE’s price movements without owning the cryptocurrency outright.

A Dogecoin Spot ETF would mirror the price movements of Dogecoin by holding the cryptocurrency directly, thereby enabling investors to capture its market performance without the complexities of purchasing, storing or managing the digital asset themselves.

Asset managers — in this case, Bitwise and Grayscale — would securely store actual Dogecoin tokens in 

 that often use cold storage solutions to reduce hacking risks. This responsibility is entrusted to custodians such as Coinbase Custody, which would safeguard Bitwise's Dogecoin holdings. These custodians specialize in cryptocurrency storage and employ robust security measures, such as multi-signature wallets and offline storage, to ensure the fund's value remains closely aligned with Dogecoin's current market price, while protecting the assets from potential threats.

Authorized Participants — usually large financial institutions — play a key role in maintaining this alignment by facilitating the creation and redemption of ETF shares. When demand surges, these institutions purchase Dogecoin from the open market and deposit it into the fund in exchange for newly issued shares. Conversely, they redeem shares by returning them to the fund for an equivalent amount of Dogecoin. This dynamic mechanism helps ensure that the ETF’s share price consistently reflects the underlying asset’s value.

Once issued, Dogecoin Spot ETF Shares would be traded on traditional stock exchanges, providing investors with an established and secure platform to gain exposure to Dogecoin. The ETF’s net asset value (NAV) would be determined by a comprehensive pricing mechanism that continuously reflects the current market price of Dogecoin. This process relies on the 

, which aggregates data from multiple reputable cryptocurrency exchanges. 

Using this standardized reference, the ETF ensures that fluctuations in Dogecoin's price — driven by market supply, demand and investor sentiment — are accurately captured. Consequently, the NAV is updated in real time, so it would provide investors with a transparent and precise representation of the fund’s true market value.

With this structured approach, a prospective Dogecoin Spot ETF promises a streamlined, regulated avenue for investors to participate in the dynamic cryptocurrency market, seamlessly integrating digital asset exposure with traditional financial systems.

In January 2025, REX Shares (in collaboration with Osprey Funds) filed with the SEC, seeking approval for a Dogecoin Spot ETF. The following month, Grayscale Investments advanced its crypto offerings by submitting SEC Form 19b-4 to launch its own Dogecoin Spot ETF, signaling an intent to diversify beyond traditional assets like Bitcoin and Ethereum. Shortly thereafter, Bitwise Asset Management, Inc. filed both S-1 and 19b-4 registration forms for a similar ETF, with its proposed fund set to hold Dogecoin as the primary asset and determine its net asset value using the CF Dogecoin-Dollar Settlement Price benchmark.

The SEC has officially acknowledged these filings, initiating a comprehensive review process. The Commission is known for its cautious approach in approving cryptocurrency-based ETFs, due to concerns over market volatility, liquidity and investor protection. However, this acknowledgment suggests a willingness to assess the potential of integrating Dogecoin into regulated financial products. The approval process is expected to be methodical, potentially taking up to 240 days from the initial acknowledgment. Bloomberg analysts 

Despite these promising regulatory developments, market reaction has been mixed. While the filing of Dogecoin Spot ETF applications has generated significant interest among investors, Dogecoin’s price experienced a decline after an initial increase following the announcements, indicating that investor sentiment could be influenced by broader market dynamics beyond ETF-related news.

Current impact of Dogecoin Spot ETF applications on the crypto market

Following the ETF application announcements, Dogecoin's price experienced significant fluctuations. Initially, there was a surge in optimism, with 

 within 24 hours (as of Feb 14, 2025) as investors anticipated potential institutional adoption. However, this uptick was short-lived, and within a week, Dogecoin's price declined by over 7%. This retracement underscores the inherent volatility of the cryptocurrency market — and suggests that while ETF filings can boost confidence, they also introduce speculative dynamics that may lead to rapid price corrections.

This mix of enthusiasm and caution among investors reflects the duality of a market in transition, balancing prospects of institutional legitimacy and the realities of speculative volatility. On the one hand, potential approval of a Dogecoin Spot ETF is viewed as a gateway for mainstream and institutional investors to engage with DOGE, potentially leading to increased liquidity and market stability. On the other, the subsequent price decline following the ETF announcements indicates that the market remains sensitive to speculative trading and profit-taking behaviors. Investors are advised to approach such developments with a balanced perspective, considering both the opportunities and risks inherent in cryptocurrency markets.

What will it mean if a Dogecoin Spot ETF application is approved?

Should the SEC approve a Dogecoin Spot ETF, it would mark a significant milestone in legitimizing meme-based cryptocurrencies within a traditional financial structure. Such an ETF would allow investors to gain direct exposure to Dogecoin's price movements through traditional investment platforms, which in turn could lead to increased institutional participation as it provides a regulated and familiar investment vehicle for entities that may previously have been hesitant to invest directly in crypto.

The introduction of a Dogecoin ETF is anticipated to enhance the cryptocurrency's liquidity and market stability. By facilitating easier access for a broader investor base, the ETF could lead to higher trading volumes and reduced price volatility over time. The legitimacy conferred by regulatory approval could potentially bolster investor confidence and attract more capital inflows into Dogecoin.

Dogecoin Spot ETF approval could also set a precedent for other meme-based cryptocurrencies, such as 

 (SHIB), to pursue similar financial instruments. The Shiba Inu community has been actively advocating for a SHIB-based ETF, highlighting factors like strong diversification prospects and growing investor demand. Notably, after the Spot Ethereum ETF approvals in July 2024, Shiba Inu's pseudonymous lead developer, Shytoshi Kusama, hinted that SHIB could be next in line. 

As with a Dogecoin Spot ETF, the introduction of a Shiba Inu Spot ETF would provide investors with regulated exposure to SHIB, potentially increasing its adoption and market presence. However, the approval process for such ETFs is complex and subject to stringent regulatory scrutiny. While the SEC has approved ETFs for major cryptocurrencies Bitcoin and Ethereum, the path for altcoins like Dogecoin and Shiba Inu remains uncertain. Factors such as liquidity, market maturity and regulatory perspectives will play crucial roles in any approval process.

Looking to capture the market and trade DOGE tokens? Bybit offers the 

The approval of a Dogecoin Spot ETF would mark a watershed moment for meme cryptocurrencies, offering regulated access to Dogecoin’s price movements and potentially stabilizing its volatile market through institutional investments. While initial price surges and subsequent corrections highlight speculative risks, long-term benefits would likely include enhanced liquidity, legitimacy and broader investor adoption. This precedent could pave the way for altcoins like Shiba Inu to pursue similar ETFs, though regulatory hurdles and market maturity remain critical barriers. 

Ultimately, a Dogecoin Spot ETF would bridge meme-driven crypto culture with traditional finance, providing the much-beloved dog-themed Dogecoin with a previously unattainable level of credibility.

Intermediate

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Dogecoin Spot ETF: A giant leap for Dogecoin's legitimacy

Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. 

The S&P 500 gained 0.49%, driven by a tech rebound after a weaker inflation report. Gold rose 0.63% to $2,933, driven by safe-haven demand, Fed rate cut bets, and central bank buying, with $2,950 as the next target. The Coindesk Indices, which tracks the broader crypto market, rose by 1.87%, with Bitcoin and Ether down by 0.22% and 2.38% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is TIA, up 12.1% following Citrea’s launch of bitcoin appchains with Celestia integration.

Celestia (TIA), launched in May 2017, is a modular blockchain network that provides a secure data availability and consensus layer, enabling blockchains to publish transactions and operate efficiently. 

, leveraging Celestia for scalable data availability while maintaining Bitcoin’s liquidity and security. The deployment of BlobstreamX enhances secure DA proofs for Bitcoin applications, reducing fees and increasing transactions. Developers can now build and test custom OP Stack rollups using Citrea’s detailed guide.

Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. The block limit will rise from 48M to 50M compute units, while further optimizations are expected as Solana’s read layer undergoes an overhaul.

Yesterday, BTC Spot ETFs saw $60.4M in net inflows, with GBTC losing $11.8M while non-GBTC funds gained $72.2M.

, backed by Polygon, Spartan Group, and HashKey, has launched its Loyalty Points Program, where users can earn Moon Beams by completing tasks and securing a spot in the confirmed airdrop. To participate, users must join the dashboard, claim badges, and complete regular tasks, with no cost to join.

Anza’s 2025 roadmap boosts Solana efficiency and blockspace

Goggles (GOGLZ) is the top Sonic meme coin skyrocketing in value, driven by community hype and Solana’s turbulence. Discover its rise, NFT launch, and future.

In recent weeks, things have been turbulent for the 

, especially for some of its meme coins. Toward the end of February 2025, Argentina-linked Solana-based meme coin 

 (LIBRA) underwent a catastrophic drop of over 95% of its value, which caused nervous ripples in the crypto market. Other 

 that have brewed controversy recently are HARRYBOLZ and VIGI, both of which also saw rapid price plunges after skyrocketing in value.

Due to this turbulence on Solana, crypto enthusiasts and investors have been looking for alternative chains with potential trading opportunities for meme coins. One such chain is 

 (formerly Fantom), which is viewed as a potential alternative, leading to the emergence of various meme coins.

 on Sonic is Goggles (GOGLZ), an ideal choice for fun-loving investors.

What is the Goggles crypto token (GOGLZ)?

 (GOGLZ) is a Sonic-based meme coin that uses humor to engage its community and drive adoption.

 Its mascot is a fun-looking blue penguin who wears goggles and a cape. The project has a vibrant community on X and Telegram, and currently ranks at the top among Sonic meme coins in terms of liquidity, with a market cap of $3.25 million (as of Mar 12, 2025).

GOGLZ has a maximum supply of 32,285,420 tokens, all of which are in circulation. Its 

 are locked on the Sonic chain. The team behind Goggles has renounced its smart contract address, which means they've given up ownership of the contract. Hence, it can't be modified.

You can buy GOGLZ on Sonic through various DEXs on the chain, such as Shadow, SwapX and Equalizer. In addition, you can 

 or from any EVM-compatible chain. To bridge, connect your wallet and set the destination chain as Sonic. Proceed to select 

Fantom rebranded to Sonic in August 2024. Since then, Sonic Chain has been making waves in the crypto space by offering high speeds (it can process up to 10,000 

 with instant finality) without sacrificing 

Unlike Solana, which operates using its own unique architecture, Sonic allows developers to seamlessly migrate Ethereum-based applications while benefiting from its ultrafast processing speeds. This blend of speed and accessibility — coupled with the familiarity of the EVM — has positioned Sonic as a top contender among developers. Sonic also offers low fees, fast finality and a robust liquidity ecosystem, making it an attractive alternative for traders looking to escape congestion and inefficiencies on other chains.

Meanwhile, Solana’s reputation has taken a hit. Recent reports assert that Solana has become a hotspot for 

 and illicit activity, leading to a 40% drop in active users. Many traders and developers are now questioning the long-term reliability of the Solana ecosystem, especially as capital outflows from Solana continue.

In a surprising turn of events, Goggles (GOGLZ), a relatively unknown cryptocurrency, experienced a remarkable price surge beginning in mid-February 2025. The token, which had been trading at modest levels for months, skyrocketed seemingly overnight, capturing the attention of traders and analysts worldwide.

The rally began around Feb 15, 2025, with an initial 80% jump in value within 24 hours. This momentum only intensified in the following days, with the GOGLZ token gaining over 500% by the end of the month.

Coincidentally, while GOGLZ was surging, LIBRA and other Solana-based meme coins were tumbling, leading to a heavy capital outflow from the Solana network. As these coins’ investors moved out, GOGLZ was one of the meme coins that gained from the outflow.

Goggles has also recently launched its own NFT collection, GOGGLES.EXE. Within just 24 hours of its launch on Mar 7, 2025, the collection rapidly shot up among top NFTs in terms of trading volume on the Sonic-based Paintswap NFT marketplace, further bolstering investors' confidence in GOGLZ.

As of Mar 13, 2025, GOGLZ's current price is $0.128, an 80.5% drop from its all-time high of $0.65 on Feb 21, 2025, and a 170.6% rise from its all-time low of $0.047 on Jan 27, 2025.

Price prediction platforms are conservatively bullish on GOGLZ’s price. According to technical analysis by crypto forecasting platform CoinCodex, 

 of $0.16 in 2027 and gradually increase to $0.57 by 2030.

Another price forecasting platform, DigitalCoinPrice, 

 $0.46 by 2027 and increase to $0.69 by 2030.

Note that these price predictions are not investment advice, and they don't guarantee the future price of GOGLZ. We highly recommend 

 (DYOR) before investing in GOGLZ or any other meme coins.

Goggles (GOGLZ) has captured the crypto world’s attention, skyrocketing from nowhere to dominate the meme coin space in a matter of weeks. What began as a meme coin has evolved into a movement fueled by speculation and social media hype.

As Sonic continues to shape up to its potential as the key player in the crypto industry, Goggles (GOGLZ) is emerging as a cultural phenomenon that blends humor and community-driven momentum. Nevertheless, given the volatility of the crypto market and the relative newness of this token, is Goggles just another flash in the pan — or could it grow to be the top meme coin on the Sonic blockchain?

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Goggles (GOGLZ): The meme coin igniting the Sonic boom

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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