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.

After mostly trading sideways at the end of April 2025, a US-UK trade deal sparked a crypto rally. BTC surged past $100K for the first time since February, but it’s ETH's performance that captured the derivatives market's attention. 

A 23% increase in ETH's spot price led to an inverted term structure and a spike in front-end volatility. The put/call skew for ETH shifted from a bearish bias to a nearly 10% skew toward OTM calls. Other sentiment indicators, such as perp funding rates and futures yield, also supported the rally. In contrast, while BTC's funding rates and skew have increased, its implied volatility remains low at 40%, over 30 points below ETH's 7-day implied volatility.

Please check out the report’s highlights.

ETH’s record performance since 2021 was propelled by positive term structure

ETH has significantly outperformed BTC and the top 10 cryptocurrencies, marking its largest single-day gain since May 2021. The options market has reflected this enthusiasm, with implied volatility for short tenors rising sharply and inverting ETH’s term structure, thus contrasting with BTC's muted, positively sloped structure. The 7-day tenor for ETH is now trading at a 33-point premium over that for BTC. 

While puts dominate BTC's open interest, ETH is seeing the opposite trend. On May 8, 2025, options volumes surged over $120M, more than double the typical monthly volume, with $60M more in calls than puts. ETH now boasts a positive futures curve and funding rates, as well as a strong skew toward OTM calls.

ETH sees exceptionally bullish put/call skew

ETH's substantial outperformance in the current crypto rally has led to bullish sentiment in its derivatives markets. Funding rates have surged, futures yields are strongly positive and the put/call skew has shifted significantly toward OTM calls, now close to 10%. This starkly contrasts with early April, when the skew was 20% toward OTM puts. Although ETH has underperformed (relative to BTC and other "ETH killers"), it has rebounded in this rally, with the ETH/BTC ratio rising after spending most of the year declining.

Open interest for Bitcoin options increased, with implied volatility remaining suppressed

The announcement of the new US administration's first trade deal, nearly 30 days into Trump's 90-day tariff pause, jolted crypto markets, pushing BTC back up above $100K. Surprisingly, implied volatility has remained suppressed, failing to invert BTC's term structure, with front-end volatility trading at around an 18-month low of 35-40%. On May 8, 2025, options volumes surged, with call volume reaching $189M, reversing last week's trend of higher put volumes. Meanwhile, open interest rose steadily to exceed $300M, the highest level this month, but remains significantly larger for puts than for calls despite the price increase.

Advanced

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Bybit X Block Scholes crypto derivatives analytics report (May 9, 2025): Ether’s put/call skew turns remarkably more bullish than Bitcoin’s

This article explores how Sign works, its flagship products (such as TokenTable, SignPass and EthSign), its native token (SIGN) and how to trade SIGN on Bybit.

Sign is an omnichain attestation infrastructure that empowers users and developers to verify real-world claims on-chain. Built for a more transparent and decentralized future, it eliminates the need to “just trust” and enables everyone to verify with cryptographic proof.

This article explores how Sign works, its flagship products (such as TokenTable and EthSign), its native token (SIGN) and how to trade SIGN on Bybit.

 is an omnichain attestation protocol designed to make it easy for anyone to verify the authenticity of any claim — 

. Whether it’s a document, credential or user identity, Sign transforms traditional trust models into verifiable, cryptographic attestations. 

Sign’s mission is to replace outdated, opaque validation systems with transparent, 

 proof — enabling a future where “verify” replaces “trust.” Through tools like schema registries and digital signatures, Sign empowers users to bring accountability and integrity to digital interactions.

Sign is developed by the team behind EthSign, a 

-native e-signature and agreement platform. Its core team brings deep experience in 

 development and cross-chain integrations.

The project is backed by top-tier investors, including Sequoia Capital China (now known as HongShan Capital Group), Mirana Ventures, HashKey Capital and Hack VC.

This strategic funding positions Sign as a foundational layer in the web3 infrastructure stack.

Sign allows users to create attestations — cryptographically signed statements that prove the validity of claims, such as credentials, achievements or actions. These digital proofs can be verified by anyone at any time, making them tamperproof and transparent.

Sign’s key technical elements include a schema registry that ensures consistent data formatting, digital signatures proving authenticity, and on- and off-chain attestations with support for revocation or updates

This system acts like a programmable layer for web3, bringing a new level of trust to identity, credentials and data exchange.

TokenTable is Sign’s flagship token distribution platform. It helps projects unlock, distribute and manage tokens transparently and securely at scale.

It uses Sign’s attestation engine to verify token unlocks, 

 and vesting schedules, ensuring traceable, auditable token flows.

SignPass is a blockchain-based identity solution that brings real-world credentials on-chain. One notable implementation is the Sierra Leone PR Card, used for the world’s first government-approved on-chain permanent residency program.

SignPass offers encrypted on-chain records for easy 

 verification, physical ID issuance for daily identity use and streamlined digital application systems for cross-border access.

It showcases the way blockchain can modernize public sector services worldwide.

EthSign is a decentralized contract signing platform that lets users create, sign and store legally binding agreements directly on-chain. It removes intermediaries and ensures documents are immutable and accessible.

EthSign reinforces Sign’s mission by bringing traditional documentation into the realm of verifiable web3 attestations.

The SIGN token is the native utility token powering the Sign ecosystem. It’s used for:

The total supply is capped at 10 billion SIGN, with 1.2 billion tokens in circulation. While the fully diluted valuation (FDV) sits above $746 million as of May 7, the circulating market cap is approximately $89.6 million. SIGN continues to gain traction across exchanges and developer networks.

SIGN is available for trading on Bybit via Spot trading and as a USDT Perpetual contract. Bybit offers up to 75x leverage for the SIGNUSDT Perpetual contract and supports secure, high-liquidity spot trading.

Start exploring the future of attestations with SIGN on Bybit today.

Intermediate

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Sign (SIGN): Web3 protocol for trustless attestation

Compliant trading means following platform rules and avoiding manipulative behavior. Learn more about how you can trade responsibly and compliantly on Bybit.

Crypto trading has come a long way from what used to be the domain of institutional players, and is now open to almost anyone with an internet connection. It’s easier than ever to buy and sell digital assets, try new strategies or build a portfolio from scratch all within minutes.

But with that level of access comes responsibility. As more people join the market, the need for fairness and accountability has become even more important. This isn’t just about price charts or profits — it’s about keeping the playing field level for everyone involved.

At Bybit, we take that responsibility seriously. We're here to offer the tools, safeguards and education you need to help you trade responsibly and to protect the platform from misuse.

This article describes what it actually means to trade compliantly, why it matters — and what can happen if things go off course.

Compliant trading means playing fair, following the platform’s rules, staying within the boundaries of what’s allowed and avoiding anything that could unfairly affect the market.

It’s not about avoiding risk: it’s about knowing what you’re doing, using official tools the right way and making sure your trades aren’t causing harm to yourself or others.

In short, compliant traders don’t just focus on their P&L — they understand that how they conduct themselves while trading matters. Responsible trading protects their accounts, keeps the platform stable and builds long-term credibility in the crypto ecosystem.

Why does responsible and compliant trading matter?

It’s easy to assume that compliance is only something platforms or regulators need to worry about. But in reality, every trader plays a part. When someone attempts to exploit the system — for example, by coordinating mass trades through off-platform channels — the consequences can ripple across the entire market.

In extreme cases, irresponsible trading behavior can:

And if the trades in question are linked to coordinated action, use of fake accounts or external bots? That opens the door to account freezes, compliance reviews and, in some cases, permanent suspension.

Bybit has a responsibility to act when the system is being abused — not just for legal reasons, but in order to protect honest traders.

Common examples of noncompliant or risky behavior

Some traders join Telegram groups or online communities in which KOLs (key opinion leaders) give out coordinated trading instructions (for example, “Buy token A now, sell it in an hour”). This practice isn’t just risky: it often involves a small number of insiders benefiting while the majority end up with losses.

When many people follow the same instruction all at once, it can artificially inflate the price of a low-liquidity token. The KOLs then exit at the top —while others are left with falling prices and unexpected liquidations.

Such a textbook case of market manipulation violates our Terms of Service and, depending upon jurisdiction, could violate financial laws.

Using bots or unverified trading strategies

Some Telegram groups may seem convincing, but trades coordinated off-platform are often unverified and may serve someone else’s agenda. 

 programmed to front-run trades, mimic pump-and-dump strategies or follow unverified signals can trigger compliance red flags and may lead to account restrictions.

Bybit does not support trading bots from unverified sources. They can also trigger flags in our monitoring systems, which may result in account suspension.

Using another person’s account or sharing login credentials — even if it’s with a family member — goes against both Bybit’s policies and global 

(AML) rules. It also opens the door to fraud, loss of funds and irreversible penalties.

Tips for responsible and compliant trading on Bybit

The good news is that there’s a better way to trade — responsibly, safely and with confidence, starting with the right tools, mindset and habits.

Use copy trading the way it’s meant to be used

 is one of Bybit’s most trusted features, and for good reason. It gives users access to professional traders’ strategies while maintaining full transparency. However, it only works if you follow verified 

These traders have been vetted and their stats are fully visible. You can view their P&L, risk settings and trade history. Bybit also provides built-in tools, such as 

 and staking products allow you to earn passive yield with minimal effort. These products are fully backed by our infrastructure and undergo regular audits, and are a compliant way to generate returns without chasing risky trades.

No matter how convincing a Telegram group may sound, remember that trades executed outside of regulated channels are unverified and often unaccountable. They may be coordinated for someone else’s gain.

 offers a wide range of articles and tutorials, covering everything from indicators and oscillators to advanced portfolio strategies. Before following any external signal, it’s worth spending 10 minutes to understand the rationale behind it. In trading, knowledge is your best form of compliance. Before you enter any position, ensure that you fully understand the asset you're trading, the current market conditions and the risks involved.

, never share your login credentials, and always enable two-factor (2FA) authentication. In addition, all trading activity should originate from your own account and remain under your own control.

Bybit’s systems are designed to flag irregular behavior. If your account is found to be engaging in prohibited activity, even unintentionally, you may be:

We take these steps in order to protect the broader user base and to uphold market fairness.

Being compliant doesn’t mean missing out on opportunity. In fact, it’s the opposite. It means you’re using the platform the way it was designed, with safeguards, transparency and trust. Shortcuts might look appealing in the short term, but they rarely end well. The most successful traders on Bybit are the ones who understand risk, stay informed and trade with integrity.

Take the time to learn and use the tools available to you. And remember: protecting your account starts with choosing how you’ll trade.

Beginner

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How to trade compliantly and responsibly on Bybit

Discover how DAI evolved into USDS under the Sky protocol—unlocking passive rewards, scalability, and a new era of DeFi with Sky Token Rewards.

In September 2024, MakerDAO, a pioneering 

 (DeFi) protocol, underwent a significant transformation by rebranding itself as 

 (SKY). This rebranding was part of the project's comprehensive strategy to enhance scalability, user engagement and regulatory compliance. The major changes that came with the rebranding include token upgrades, whereby the platform’s stablecoin, Dai, was upgraded to USDS (Sky Dollar) while the 

Let’s take a deeper look at USDS and its role on the Sky platform.

USDS (United States Dollar Sky) is the upgraded version of the Dai stablecoin, launched under the newly rebranded Sky protocol (formerly MakerDAO).

 Like DAI, USDS is a decentralized, overcollateralized stablecoin designed to maintain a 1:1 peg with the US dollar.

However, USDS significantly improves scalability, user incentives and regulatory positioning, making it a next-generation solution for DeFi.

One of the standout features of USDS as a stablecoin is that it creates 

 opportunities for its investors. With USDS, you can access the Sky Savings Rate (SSR) feature, which allows you to participate in the Sky ecosystem's governance by accumulating Sky Token Rewards (STR) (presented in the form of SKY tokens).

SSR also features a variable automated token accumulation feature, whereby you receive 

 to the SSR program. This passive earning potential offers a major advantage for users seeking yield without complicated 

Sky uses a dynamic model that adds USDS to the SSR pool every few seconds. Over time, the value of sUSDS in the particular pool increases. You can then opt to redeem your sUSDS for USDS, and receive the USDS you initially supplied in addition to the USDS equivalent you’ve accumulated.

These rewards serve as an incentive mechanism, enabling users to passively grow their holdings while supporting the health and stability of the Sky ecosystem.

Upgrading from DAI to USDS is straightforward. Users can visit Sky.money and initiate the upgrade directly through a noncustodial, user-controlled process.

The platform provides a simple interface on which users connect their wallets, exchange their existing DAI for an equal amount of USDS and instantly become eligible for yield accumulation and other Sky ecosystem benefits. There are no fees for the upgrade, and users retain full control of their assets at all times.

USDS isn’t just a stablecoin; it’s an evolution of DeFi money. With passive earning through Sky Token Rewards and a smooth, secure upgrade path, USDS sets a new standard for the way decentralized stablecoins can deliver value and financial empowerment to users worldwide.

USDS and DAI are both decentralized stablecoins originally developed under the MakerDAO ecosystem (now Sky). While they share the same core principle — overcollateralization and the maintenance of a 1:1 peg with the US dollar — USDS represents a major evolution of DAI, introducing additional incentives designed to enhance user experience, scalability and regulatory alignment.

DAI has long been a favorite in the DeFi ecosystem, allowing users to generate stablecoins by locking up crypto collateral such as 

. DAI features a savings program, the DAI Savings Rate (DSR), from which people can earn 

 (sDAI). While the DSR program is still running, upgrading to USDS lets you earn two types of rewards through the SSR program: sUSDS tokens and Sky Token Rewards (STRs).

In addition, USDS is well positioned to meet regulatory requirements, aiming for broader mainstream adoption while maintaining decentralization.

Below is a comparison table between DAI and USDS:

USDS is backed by collateral that’s deposited in Sky vaults by borrowers. In return, the reserves for these vaults are backed by three main assets: 

With a market cap of over $8 billion, USDS is the currently third-largest stablecoin after 

 is more complex than that of typical stablecoins, as it includes liquidation mechanisms and a peg-stability module. However, an audit of USDS’s smart contract in September 2024 didn’t report any significant risks with the stablecoin. Notably, S&P Global Ratings 

 of 4 out of 5, indicating constrained ability to maintain its peg under certain conditions. 

​Additionally, the proposal to include a freeze function for USDS, which bestows upon the Sky protocol the power to halt USDS transfers between wallets, has sparked heated discussions within the community, highlighting the ongoing conundrum of balancing security measures with principles of decentralization.

The evolution of DAI to USDS marks a major leap forward for DeFi. By combining DAI's trusted and overcollateralized model with additional passive earning opportunities through Sky Token Rewards, USDS empowers users to enjoy greater financial benefits with less complexity.

The streamlined upgrade process and stronger regulatory positioning set the stage for broader adoption and a more resilient future. As Sky continues to build, USDS represents more than just a stablecoin — it’s the foundation of an open, accessible and more rewarding financial ecosystem for everyone.

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From DAI to USDS: Unlocking an open Sky for a more rewarding future

Blockchain

Altcoins

Litecoin, one of the easiest crypto coins to mine, has a mining process similar to that of Bitcoin and other proof of work blockchains.

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Among the mineable cryptocurrencies and blockchain networks, 

 (LTC) is probably the most frequently compared crypto to 

 (BTC). Litecoin is a direct descendant, i.e., a fork of Bitcoin, and shares many of the same properties with the world’s leading cryptocurrency – the mining process,

Litecoin, one of the earliest cryptos on the market, was launched in 2011 and is often referred to as the “silver” of the crypto world, with the designation of “gold” being reserved for Bitcoin. Litecoin is among the easiest cryptos to 

. Due to its lower profile and popularity compared to Bitcoin and some other Bitcoin offshoots, e.g., 

, Litecoin’s mining difficulty has typically been quite low. As such, LTC might just be among the most profitable coins to mine. In this article, we detail everything about how to mine Litecoin.

The Litecoin mining process is similar to that of its parent, Bitcoin, or other proof of work (

 (ETC). Miners try to solve a computationally intensive math puzzle to gain the right to add the next block of transactions to the Litecoin network. Though we have referred to the mining process as solving a “math puzzle”, it probably could be better described as a simple digit substitution exercise with not much of any serious math involved. Essentially, miners use their powerful 

 to continually generate new digit combinations in the hope of finding the match required by the Litecoin network’s software.

The first miner who manages to (essentially randomly) find the required digit combination earns the right to validate the currently mined block. Just like on Bitcoin, solving/mining a block is far from an altruistic endeavor on Litecoin – miners get their standard mining reward in LTC coins.

The miner’s reward for each solved block is currently 12.5 LTC (around $1,200). Similar to Bitcoin, Litecoin has a reward-halving mechanism built into its mining process. Litecoin’s rewards are halved every four years, just like on Bitcoin. The initial value of the reward was 50 LTC back in 2011 to 2015, during the coin’s first four years in operation. The first halving event, taking the standard reward to 25 LTC, occurred in August 2015. This was followed by the August 2019 halving, which took the reward down to its current 12.5 LTC. This year, we will witness another round of halving. This is expected to occur in July 2023, and it will take the reward down to 6.25 LTC.

Compared to Bitcoin’s reward amounts, these numbers look rather unimpressive. However, a new block of transactions is generated on Litecoin every 2.5 minutes. This is four times as frequent as Bitcoin's 10-minute block period, meaning that Litecoin miners can earn their rewards considerably more frequently than Bitcoin miners. Moreover, Litecoin is much easier to mine than its daddy Bitcoin, as measured by their mining difficulty scores.

The mining difficulty score is a standard measure used to estimate the computational requirements for mining a coin. It specifies the number of 

 a machine needs to produce to solve a new block. Among popular mineable cryptocurrencies, Litecoin has the second-lowest mining difficulty estimates, after one of its descendant forks, Dogecoin. The image below shows the current mining difficulty scores for popular PoW cryptos.

There are three main ways to mine Litecoin:

Each of these options has its own merits. However, by now, solo mining without a very powerful mining machine has become difficult to turn a profit due to the increased competition among miners. This is not something unique to Litecoin. By early 2023, solo mining without a mammoth rig has become a futile exercise on pretty much any popular mineable blockchain network.

, you join the Litecoin network as an individual miner node and use your mining machine to try to mine transaction blocks. If you do manage to add a new block to the chain, you will get the standard 12.5 LTC mining reward, all without having to share it with any other network participant. This is the main and probably the only advantage of solo mining on Litecoin.

The main disadvantage of mining Litecoin solo is the infrequency and inconsistency of rewards. Solo miners compete with mining pools, massive cooperatives that combine the computing resources of a large number of miners to solve new blocks on the network. The combined hash power enjoyed by the mining pools makes profitable solo mining extremely difficult.

As a solo miner, if you do not have a very powerful machine, you might end up never getting a block reward. Even with a powerful mining rig, you might end up waiting for extended periods of time for your next block reward. That is, of course, if you do manage to solve any blocks.

 are another, and probably the most popular, way of mining LTC. These pools combine resources from multiple miners to increase the chance of solving a block of transactions. When a member of the pool manages to mine a block, the 12.5 LTC reward is split between all the pool participants.

Each member receives a share of the reward proportional to the hash power contributed. Thus, as is the case with solo mining, it pays to have as powerful a rig as possible when joining a pool. The image below shows the top 10 Litecoin mining pools as of Jan 31, 2023.

Many mining pools retain a small percentage of the reward, typically anything between 0.1% and 3-4%, for providing their services. However, the good news is that there are at least several large pools in the Litecoin mining sphere that charge no fees at all. For instance, one of the leading Litecoin pools,

For miners without very powerful rigs, pool mining might be the only realistic option to earn rewards. Naturally, rigs without significant hash power are likely to earn very little in any mining pool. However, at least you will have some funds flowing in consistently. In contrast, solo mining without a high-end rig will likely lead to no rewards at all.

Even if you own a very powerful rig that lets you mine solo, pool mining may give you a more stable way to earn rewards. While your powerful rig can still let you turn a profit, joining a pool represents a way to earn rewards with a much higher frequency, even if in smaller bits.

Let’s say a miner with a high-spec rig manages to earn a full block reward once a month on average. By joining a pool, they can earn that amount in consistent, small chunks daily over the same period of one month. In other words, joining a pool might not increase the overall profitability of your mining activity over the long term, but it will definitely allow you to earn a more consistent income.

The larger the pool you join, the more frequently you can get your rewards.

Besides solo and pool mining options for Litecoin, there is also a third, and less conventional way to participate in the mining process – using a 

. Under the cloud mining model, you simply pay a monthly or yearly fee to a service provider that “rents” you some computing hash power. The cloud provider mines cryptocurrency for you in exchange for the fee and gives you a share of the mining profit commensurate with your rented hash power.

Cloud mining does not require you to own any hardware, a big advantage compared to solo mining or pool mining. In essence, you simply pay a fee in the expectation of positive returns from the cloud provider. Naturally, your earnings might fluctuate depending on the network activity and mining difficulty on the Litecoin network. While the fee you pay to the cloud mining provider is usually fixed, your returns are normally variable.

Take into account, however, that the choice of reliable cloud mining providers is quite limited, particularly for Litecoin and other mineable cryptos less prominent than Bitcoin. Some major cloud mining providers with the option to mine Litecoin are 

In theory, Litecoin mining can be done using CPUs, GPUs or 

, all of which are powerful machines specifically designed for cryptocurrency mining. However, realistically, mining Litecoin with a CPU or GPU is no longer a profitable option. Although Litecoin’s mining difficulty is much lower compared to the majority of other leading PoW cryptos, competition among miners on the chain has intensified over the last several years. Given the increased competition, CPU or GPU mining is simply not going to be profitable.

Using an ASIC machine is the only realistic way to derive profit from Litecoin mining. ASICs have been popular in Bitcoin mining for many years.

Unfortunately, a Bitcoin ASIC cannot be used as a Litecoin mining rig. This is because Bitcoin and Litecoin use different hashing algorithms. Bitcoin uses the 

The good news is that ASIC machines used for Litecoin mining can be used to concurrently mine another highly popular coin, Dogecoin. Dogecoin is one of the forked descendants of Litecoin and shares the same Scrypt hashing algorithm with it. Thanks to the high levels of compatibility between the two cryptos, they are often mined together via 

In merged mining, you simply use the same machine and resources to mine two cryptos, in this case, Litecoin and Dogecoin, at the same time.

After setting up your mining hardware, you will need to download and use specific software to mine Litecoin. Many software packages work well for Litecoin mining. Some such as 

 are completely free to use. Popular paid mining software packages for Litecoin include 

A Litecoin wallet is required to hold your mined funds. Not all top software wallet brands support Litecoin. Some of the popular wallet providers that provide the Litecoin wallet option are 

How Long Does It Take to Mine One Litecoin?

Litecoin has a block time of 2.5 minutes, and that is the amount of time it takes to mine one Litecoin. In this regard, Litecoin is mined four times as frequently as Bitcoin, Bitcoin Cash, and Bitcoin SV. Among popular mineable cryptos, two have even lower block generation times than Litecoin – Dogecoin (1 minute) and Ethereum Classic (15 seconds).

In early 2023, the optimal way to mine Litecoin is by using a reasonably powerful ASIC machine and joining a large enough pool. Mining solo is still possible with a very powerful ASIC setup, but using a pool is well recommended even if you own the most powerful rig available. By joining a pool, you will ensure much better consistency of your mining income.

Additionally, Litecoin is among the coins with a few decent free mining pools available on the market. Thus, pool-based mining is optimal for LTC.

When setting up your mining operations, ensure that you also mine Dogecoin in a merged format with Litecoin. You spend no additional resources by doing so and only stand to benefit by earning DOGE in addition to LTC.

As covered earlier in our article, Litecoin is among the easiest coins to mine, with only Dogecoin having a lower difficulty score. That doesn’t mean, however, that Litecoin mining is necessarily profitable. Competition among miners in 2023 is quite fierce on just about any popular mineable crypto network. 

Further, just like Bitcoin, Litecoin has a capped supply. There will only be 84 million Litecoin ever created, and as of January 2023, around 72 million have already been minted. Coupled with the reward halving mechanism, the ever-diminishing rewards will drop to zero by 2142. So while Litecoin remains relatively profitable for now, bear in mind that its profitability will only decrease over time.

To properly estimate the profitability of mining Litecoin, you are well advised to use some of the popular 

 is undoubtedly the most commonly used among these calculators. Head to the website’s calculator section, choose Litecoin, and enter the key parameters to estimate – the hash rate and power consumption of the mining rig you own or consider buying, your electricity costs and the fees you would pay if mining via a pool.

The calculator will quickly show you how much profit, if any, you are going to make. Do remember, however, that mining profitability estimates can change rapidly depending on factors such as competition among miners on the network and, importantly, LTC’s current market price.

There are two main ways to cash out your mined Litecoin.

You can sell your Litecoin on a reputable exchange like Bybit. At Bybit, you can sell your Litecoin via One-Click Buy or P2P trading.

Bybit’s One-Click Buy function provides you a straightforward way to sell your Litecoin in just a few steps. You will just need to click on 

then select your desired coin to sell (in this case, LTC) and fiat currency to receive, and the quantity of coins to sell or amount of fiat you want to receive. Then, click on 

to confirm your sale. You can select your preferred payment method, or simply choose the recommended payment method from Bybit based on the current exchange rate.

 connecting sellers and buyers at zero fees. Bybit’s P2P service offers top-notch security with multiple layers of protection for your assets, such as 

 for all advertisers and an escrow service to hold user funds. It also gives you more flexibility in your choice of buyer, since you can filter out your buyer advertisers by filling in the 

 to earn high interest payouts from borrowers, paid out hourly after your deposit. Bybit Lending also guarantees a flexible redemption period so you can credit your redemption immediately. Your funds are kept secure with extensive risk management measures, such as collateral value ratios and an Insurance Fund.

It’s easy to become a lender on Bybit, as all you need is a Bybit account. Log in to your account and click on 

 function on its menu. Next, choose an asset to lend (LTC, in this case) and confirm your transaction. Once your transaction is confirmed, you can review its details, including the hourly interest rate.

Litecoin shares many similarities with its predecessor, Bitcoin, including the mining process and reward-halving mechanism. While Litecoin is considered one of the easiest cryptocurrencies to mine, competition among miners is intense and profitability can vary. Furthermore, the decreasing mining rewards over time (due to the capped supply and halving mechanism) can affect Litecoin’s mining profitability. By utilizing the right tools and strategies, miners can maximize their chances of success in the ever-evolving mining landscape.

How to Mine Litecoin: The Ultimate Guide to Litecoin Mining

Compete for 2,500 USDT Every Week

How to Mine Litecoin: The Ultimate Guide to Litecoin Mining

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT Every Week

Grab Up to 5,000 USDT in Rewards