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?

goggles crypto.png

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

Bybit Learn

DeFi

Explainers

A token swap involves the exchange of token types between two parties, from one blockchain to another. Find out what it is and how to do it in this article.

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Are you ready to explore the fascinating world of token swaps? As the 

 landscape evolves, “what is token swap” has become an increasingly popular question, as these swaps offer users a way to trade and diversify their crypto assets. In this comprehensive guide, we’ll delve into the intricacies of token swaps, reveal the benefits they offer, and provide valuable tips to ensure a smooth and successful swapping experience. Let’s dive in and unlock the potential of this innovative trading method!

Token swaps have become a key component of the crypto landscape, facilitating smooth and secure exchanges of digital assets. With an array of options, such as regular token swaps, cross-chain swaps, and token migrations, it’s crucial to grasp the fundamentals and understand the differences between these types, including the process of token migration.

So, what exactly is a token swap, and how does it function? Let’s delve into the realm of token swapping and reveal its diverse types and processes.

At its core, a token swap refers to the process of exchanging one cryptocurrency for another, either within the same 

 or across different blockchains. Token swaps provide a decentralized and secure way for users to trade their digital assets without relying on traditional intermediaries like centralized exchanges. This is achieved through the use of blockchain-based smart contracts, which facilitate direct transactions between users, providing a trustless and transparent trading environment.

Ultimately, token swaps promote efficiency, security, and liquidity in the ever-evolving world of cryptocurrencies.

Token swaps fall into three main categories:

Understanding these types of token swaps is vital for making informed decisions and optimizing your trading experience.

While the world of token swaps might seem daunting, gaining a clear understanding of the process is vital for successful trading. With various platforms available for token swaps, such as decentralized exchanges (

), and cross-chain swaps, it’s essential to know how each platform operates and the unique advantages they offer.

Let’s delve into the mechanics of token swaps and examine the token swap process on different platforms to guarantee a smooth and secure trading experience.

Token Swaps on Decentralized Exchanges (DEXs)

Decentralized exchanges (DEXs) have gained popularity for their ability to facilitate token swaps without the need to deposit assets into the exchange. Platforms like 

 (AMMs) and liquidity pools to streamline the swapping process. Users simply connect their wallets, choose the desired token pair, and execute the swap, all while maintaining control over their assets.

DEXs, with their heightened security, privacy, and lower fees, provide a user-friendly and economical solution for token swaps.

Token Swaps on Centralized Exchanges (CEXs)

, use traditional order books and matching engines to facilitate token swaps. The process is as follows:

Though CEXs provide greater control over assets and a familiar trading milieu, they might fall short on the privacy and security features offered by decentralized platforms.

Cross-chain token swaps enable the exchange of tokens, including native tokens, between different blockchains, expanding the possibilities for trading digital assets. This innovative approach uses bridges or atomic swaps to facilitate secure and trustless transactions, bypassing the need for intermediaries or centralized exchanges.

For example, a user can swap tokens issued on the Ethereum blockchain for tokens issued on the BNB Chain, seamlessly and securely. By harnessing the power of cross-chain swaps, traders can access a broader range of assets and unlock new opportunities in the crypto market.

Token swaps offer a plethora of advantages, making them an attractive option for traders and investors alike. By simplifying the trading process, providing access to various crypto assets, and enhancing security and privacy, token swaps have revolutionized the way we exchange digital assets. 

This process offers several strategic benefits that you should know about before making your next exchange.

One of the primary advantages of token swaps is the simplified trading process they offer. By eliminating intermediary steps and reducing transaction fees, token swaps make it easier and more cost-effective for users to exchange their digital assets.

 provide a simplified solution that involves only one step. Investors simply need to input the details of their desired exchange to the interface, and the platform does the work without the trader needing to take any additional action.

Whether you’re using a decentralized exchange like Uniswap or a centralized platform, token swaps provide a seamless and efficient trading experience, enabling you to focus on your investment strategy rather than navigating complex processes.

Token swaps open the door to a diverse range of crypto assets, including crypto tokens, allowing investors to diversify their portfolios and gain exposure to a wide variety of cryptocurrencies. Token swaps, by facilitating the exchange of tokens between diverse blockchains or platforms, empower traders to venture into new projects and invest in a variety of digital assets.

This amplified asset diversity can help investors manage risk and potentially expand their investment opportunities in the cryptocurrency market.

Cryptocurrency exchanges require you to identify a trading pair, which consists of both the token you wish to sell and the one you want to buy. Generally, your original token must be exchanged for the pair, which must then be exchanged for the desired token. Each transaction can incur separate fees, which has a direct impact on profitability. Because a token swap is a single transaction, however, fees are kept to a minimum for each investor’s financial gain.

The cryptocurrency market is well-known for its volatility, which can make crypto trading profitable. However, profits are directly impacted by the exact prices of the tokens at the time the exchange is executed. The multistep process used by a traditional exchange is cumbersome and time-consuming, and exact timing of execution simply isn’t possible. Token swapping, on the other hand, is instantaneous, which optimizes profitability by giving traders more control over timing.

Token swaps on decentralized platforms offer increased security and privacy compared to traditional exchanges. By allowing users to maintain control over their 

 and eliminating the need for centralized intermediaries, decentralized token swaps provide a secure, trustless trading environment. Furthermore, decentralized platforms often employ advanced encryption and smart contract security measures to safeguard user data and protect against potential threats.

Token swaps, with their heightened security and privacy, provide traders and token holders seeking safe and transparent trading with peace of mind.

While token swaps offer numerous advantages, they are not without their risks and challenges. From slippage to platform security concerns and inflexible deadlines, it’s essential to be aware of the potential pitfalls associated with token swaps.

With a clear understanding of these risks and taking appropriate precautions, you can confidently traverse the world of token swaps and bolster your trading success.

Slippage is a common risk associated with token swaps, and a token swap occurs when the executed price of a token swap differs from the expected price due to low liquidity or market volatility. This can lead to potential losses if a trade is executed at a less favorable price than anticipated.

To mitigate the risk of slippage, it’s essential to evaluate the liquidity of a token swap platform and consider potential slippage risks before executing a swap.

The security of token swap platforms is a critical consideration for traders, as some platforms may have vulnerabilities that expose users to potential risks. To ensure a secure trading experience, it’s crucial to research and choose a reliable platform with robust security measures in place, such as encryption, smart contract security, and regular security audits.

Token swaps may have strict deadlines and inflexible processes, which can result in frozen or returned tokens if not followed correctly. To navigate these challenges, it’s vital to be aware of any deadlines associated with a token swap and adhere to the specified requirements and procedures.

By doing so, you can minimize the risk of losing your swapped tokens and ensure a successful token swap experience.

With a multitude of token swap platforms available, it can be challenging to determine which one best suits your needs. By evaluating platform features and comparing popular token swap platforms, you can make an informed decision and choose the right platform for your trading requirements.

Let’s delve into how to evaluate and contrast token swap platforms to guarantee a smooth and secure swapping journey.

When choosing a token swap platform, it’s essential to consider the following factors:

By carefully evaluating these features, you can identify the platform that best aligns with your trading needs and preferences.

Furthermore, it’s crucial to consider the platform’s reputation, user interface, and customer support, as these factors can significantly impact your overall trading experience.

A comparison of popular platforms — such as Bybit Web3 Swap, 

 — can provide valuable insights to help you select the best option for your needs. Each platform offers distinct features, advantages and fees, so it’s essential to weigh the pros and cons of each before making a decision.

By carrying out detailed research and contrasting the offerings of different token swap platforms, you can make a well-informed decision and enhance your trading journey.

Mastering the art of token swapping requires a combination of knowledge, strategy, and practical tips. To help you navigate the world of token swaps with confidence, we’ve compiled a list of essential tips:

By following these guidelines, you can maximize your trading success and make the most of your token-swapping experience.

Gas fees on Ethereum-based swaps can significantly impact your overall trading costs. To minimize these fees, consider the following strategies:

By implementing these strategies, you can reduce the impact of gas fees on your trading costs.

By carefully managing gas and exchange fees, you can optimize your token swapping experience and reduce your overall trading costs.

Ensuring compatibility between your chosen wallet and the token swap platform is crucial for a seamless trading experience. Before committing to a wallet, research its features, security measures, and compatibility with popular token swap platforms.

, are specifically designed for token swaps and offer enhanced functionality and security. By selecting the right wallet, you can ensure a smooth and secure token-swapping process.

Evaluating the liquidity of a token swap platform is essential for minimizing slippage risks and ensuring efficient trading. To assess liquidity, consider factors such as market capitalization, liquidity pools, and market participation.

Additionally, it’s crucial to set appropriate slippage tolerance levels to buffer against potential price discrepancies during volatile market conditions. By carefully assessing liquidity and slippage, you can mitigate risks and optimize your token swapping experience.

Now that you’re well-versed in the world of token swaps, it’s time to put your knowledge into practice. In this step-by-step guide, we'll first guide you through the process of swapping tokens on Bybit Web3 Swap. With its latest enhancements, this platform offers a user-friendly and comprehensive experience, making it an excellent starting point for both newcomers and seasoned traders. 

After covering Bybit Web3 Swap, we'll walk you through the process of swapping tokens on various platforms, including decentralized exchanges, centralized exchanges and cross-chain swaps. 

By carefully adhering to these comprehensive instructions, you can carry out token swaps with confidence and fully leverage this innovative trading technique using the exact swap pair.

Before you can get started with swapping tokens on Bybit Web3 Swap, you’ll first need to 

 if you require any assistance in the registration process. 

Once you’ve created an account, you can follow the steps below to swap your tokens on 

button at the top right corner of the Bybit home page to log in to your Bybit account. 

tab in the navigation bar at the top of the home page, and click on 

: A pop-up window should appear that will prompt you to create your Bybit Wallet when you enter the Bybit Web3 Portal. Click on 

What Is Token Swap? The Ultimate Guide to Swapping Tokens

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