Sui Name Service (SuiNS) enables blockchain users to register human-readable web3 names, ensuring secure, seamless transactions and a user-friendly on-chain identity.

Some people have no trouble remembering new cell phone numbers, and there are even a select few among us who wouldn't find it hard to memorize a 16-digit bank card number. However, very few people would choose to tackle the job of reliably recalling an alphanumeric blockchain address. Network addresses on 

 (ETH) are 42 characters long, while on the 

 (SUI) blockchain they span 66. These complex and length addresses are virtually impossible for most users to remember, and are among the least user-friendly features of 

 networks. Not only are long blockchain addresses distinctly user-unfriendly, but they also lead to many instances of wrongly executed transactions due to incorrectly input characters. 

Sui Name Service (NS), a solution on the Sui blockchain, has been specifically designed to tackle this problem. The service allows users to create human-readable and easy-to-remember web3 names linked to their underlying blockchain addresses. Using SuiNS, you can transact within web3 using your preferred username and, optionally, an avatar, rather than a long, complex blockchain address.

 (NS), or simply SuiNS, is a decentralized naming service that allows you to create and use a human-readable, user-friendly web3 handle to interact with the blockchain environment, instead of using a typical long and complicated network address. 

At the underlying level, your SuiNS name is linked to your blockchain address, but all the interaction and operations on the chain happen via your registered name.

SuiNS was first conceptualized and launched in 2022, inspired by the popular 

 (ENS). In many ways, SuiNS and ENS are similar, the obvious difference being that each one applies to its own respective blockchain environment. In May 2023, SuiNS was introduced on the Sui blockchain's newly launched mainnet. The service was developed and is supported by Mysten Labs, the development studio behind the Sui blockchain project. Since the beginning of the Sui blockchain's conceptualization, SuiNS has been among the core projects of the entire Sui ecosystem. As of late November 2024, SuiNS has managed to achieve the remarkable milestone of having registered nearly 330,000 names.

Using SuiNS, you can register your preferred username (as long as it's not been taken) for one year by paying a registration fee, currently charged in SUI coins. The name can be renewed at expiration for up to five years. All interactions with the blockchain environment through your wallet use your preferred username, rather than your blockchain address.

SuiNS names can be between 3 and 63 characters. Users can check the availability of their preferred handle and register it using the 

, where a lookup textbox is prominently displayed. Shorter names cost more than longer handles. As of the time of this writing (Nov 21, 2024), a three-character-long name costs 500 SUI ($1,785) and a four-character name will cost 100 SUI ($357), while names with five or more characters are priced at 20 SUI ($71.40).

A SuiNS name can only be registered for one year, but it can be renewed for up to four years (excluding the initial registration year). There's a 30-day grace period after the expiration of your SuiNS name, during which you may still renew it. If you don't renew during the grace period, your registered name will be up for grabs by anyone on the market. Optionally, you can buy an NFT avatar linked to your SuiNS name.

 (DApp) ecosystem on the Sui blockchain. Developers can use off-chain remote procedure calls (RPCs) to integrate the Sui service into their application environments. They can also take advantage of the native, on-chain SuiNS SDK to interact with the service.

Thanks to SuiNS, you can enjoy short, comprehensible names for your own address, as well as the addresses of the parties with whom you transact (if they also sign up for the service). No more forgettable string combinations that are hard to read and virtually impossible to remember!

However, a SuiNS name isn't just a tool of convenience. It also represents your decentralized identity on-chain. The identity is fully owned by you, the user, rather than by a centralized entity.

SuiNS minimizes the likelihood of lost assets due to sending funds to the wrong address: short, easy-to-remember names are way less prone to incorrectly executed transactions than standard blockchain addresses.

Security is also among the benefits of SuiNS. The service runs on the Sui chain, which prides itself on developing and enforcing high-grade security standards. Among these are 

, a framework that maintains a list of malicious websites and on-chain assets, thus protecting the Sui ecosystem from 

 launched by these known nefarious entities.

The SuiNS service launched its native token, NS, on Nov 14, 2024. Initially, NS is envisioned to support 

 processes on the platform, and will also be used for purchasing and trading SuiNS names. Currently, names are traded using SUI, the blockchain's native cryptocurrency. It's likely that NS will replace SUI in this capacity in the near future. The project team has also hinted that there could be additional uses for the NS token beyond governance and payment for SuiNS names. More announcements on this issue are likely to follow.

During the initial phase of the token's existence, governance will be its most prominent function. Holders of NS will be able to vote on important issues concerning the protocol's rules and future direction. One NS equals one vote, with more NS tokens giving you a greater say in the overall decision-making process. You can also increase your voting power by locking your NS tokens for from one to 12 months. For every additional month locked, you obtain 10% voting power. To encourage voting, 5% of the NS token's supply has been allocated for governance rewards. NS is a 

 token, with a total and maximum supply set at 500 million. The token's supply distribution shares are per the chart below.

NS is available on Bybit's Spot market as a swap pair with USDT (

). You can also take advantage of Bybit's campaign dedicated to the token to grab a share of the 

. Three campaign events for eligible users run through Nov 27, 2024, 8AM UTC:

Thanks to Sui Name Service, interacting on-chain has become easier and more user-friendly. However, easy-to-remember names aren't the only benefit: advantages also include lower likelihood of lost funds, better security and a completely decentralized, user-owned identity on-chain. So far, around 330,000 names have been registered, and with the impressive suite of benefits, expect this number to grow as we move with SuiNS into 2025.

Intermediate

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Sui Name Service (NS): Your On-Chain Identity Made Simple

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. 

November 2024 has marked a significant milestone for Bitcoin, with its price soaring to $94,105. This unprecedented growth has been driven by global events and heightened social media discussions, with predictions of six-figure valuations. Historically, peaks in social media chatter often precede market corrections, signaling traders to exercise caution. Currently, while whale accumulation remains strong — with wallets holding over 10 Bitcoin adding 53,006 more BTC in just one month — retail traders remain surprisingly cautious. This wary sentiment contrasts sharply with the bullish behavior usually seen during price surges, suggesting a potential correction.

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. Despite their volatility, these tokens reflect a broader appetite for high-risk investments. Notably, whale investors holding 1M–100M DOGE are accumulating, while smaller holders are selling, creating conditions for potential breakouts. However, if new capital stops flowing, these speculative assets could face significant downturns. Additionally, while discussions around Bitcoin reaching $100K are increasing, they haven’t reached the levels seen earlier this year, indicating that fear of missing out (FOMO) may not yet be fully realized.

Institutional Interest and Ethereum's Resurgence

Demand for Bitcoin ETFs has surged, with daily trading volumes hitting a record $8.21 billion, signaling increased institutional interest. This activity often coincides with market peaks, but could also indicate new investments flowing into the crypto space. Meanwhile, Ethereum has also gained momentum, breaking above $3,100 for the first time in over 14 weeks. Additionally, whale accumulation is on the rise, suggesting that as Bitcoin leads the market, profits may soon be redirected into Ethereum. In contrast, Solana's price movements remain highly sentiment-driven, with funding rates indicating potential entry points for investors. Overall, altcoins are experiencing growth, particularly following the U.S. elections, which have reignited optimism in the crypto market.

Advanced

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Bitcoin's Resurgence: Analyzing Market Dynamics and Speculative Trends in November 2024

Crypto market makers play a crucial role in providing liquidity by consistently placing buy and sell orders. Learn more about how they work here.

The cryptocurrency market is notorious for its high volatility and sometimes low liquidity, making it a challenging environment for traders and investors. Executing trades can be difficult, often resulting in significant price 

Market making is a strategic approach that provides the necessary liquidity to stabilize markets, ensuring smoother trades and reducing volatility. By creating buy and sell orders around the current market price, market makers help maintain a healthy trading ecosystem. This article examines the fundamentals of market making, its benefits for traders and exchanges and the way it enhances the overall efficiency of the cryptocurrency market.

A crypto market maker is an entity or individual who primarily provides liquidity in cryptocurrency markets by continuously placing buy and sell orders for digital assets. This activity ensures efficient trading and helps maintain stable prices.

Crypto market makers play a key role in keeping markets liquid by continuously placing buy and sell orders on exchanges. Here's a closer look at how they operate.

Key Characteristics of a Crypto Market Maker

Crypto market makers provide liquidity and stabilize prices in the cryptocurrency market. The following are the key traits that enable them to operate effectively.

Market makers continually place buy and sell orders, ensuring the availability of transactions for traders. This constant availability reduces wait times for trades and minimizes the price impact of large orders, making the market more efficient and accessible for everyone.

One of the fundamental roles of market makers is that of managing the bid-ask spread. By consistently quoting competitive prices, they narrow this spread, thereby enhancing trading efficiency and reducing costs for other market participants. This spread is also their primary source of profit.

Market makers leverage advanced algorithms and HFT strategies to analyze market conditions and optimize their order placements. This technology allows them to react swiftly to price changes and maintain a balanced inventory of assets, which helps to manage risk and maximize profitability.

Due to the inherent volatility of cryptocurrency markets, effective risk management is vital for market makers. They employ various techniques, such as hedging and real-time market analysis, to minimize exposure to sudden price swings. This ensures their operations remain stable even in the face of market fluctuations.

By providing continuous liquidity and facilitating smooth trading operations, market makers enhance overall market efficiency. Their presence attracts more traders, which increases transaction volumes, boosts exchange activity and contributes to a healthier trading environment.

Given the quickly evolving nature of the cryptocurrency landscape, market makers must be adaptable, continually refining their strategies in response to new technologies, regulatory changes and shifts in market dynamics. This ensures they remain competitive and relevant.

Crypto market makers play a critical role in the cryptocurrency ecosystem by providing liquidity and stabilizing prices. Despite the integral role they play, however, their operations come with both advantages and disadvantages. 

Additional Importance of a Crypto Market Maker

Crypto market makers play a vital role in maintaining the efficiency and stability of the cryptocurrency market. Their presence on crypto exchanges ensures trading environments operate smoothly. 

Newer and smaller cryptocurrencies often struggle with liquidity. Market makers provide a market for these assets, promoting their growth and creating a more diverse and dynamic crypto ecosystem.

Through continual quoting of prices, market makers aid in fair price discovery, ensuring that cryptocurrency prices reflect actual market demand rather than extreme fluctuations. This promotes a more trustworthy and transparent trading environment that allows traders to make data-backed decisions. 

Crypto market makers are essential players in the cryptocurrency ecosystem, providing liquidity, stabilizing prices and ensuring smooth trade execution. Their use of advanced algorithms and real-time order placements encourages a more efficient, accessible and fair market. However, risks such as market manipulation, potential capital loss and lack of regulation can be problematic. Overall, the role of market makers in supporting emerging assets and maintaining market stability makes them indispensable for a healthy and growing crypto environment.

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Crypto Market Maker: Boosting Trades With Strategic Liquidity

SEC Chair Gary Gensler announced he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration.

The S&P 500 rose 0.53% as investors shifted toward cyclical stocks expected to benefit from a strengthening economy, while technology shares lagged. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 4.79%, with Bitcoin and Ether rising by  4.19% and 8.75%, respectively in the past 24 hours.

Today's top performer is XRP, which surged 24.3% following the partnership between Ripple and MCSocialVenture to boost financial resilience and access in emerging markets.

Ripple (XRP), launched in August 2012, is a blockchain technology company focused on improving international payments with its cryptocurrency, XRP. 

, focused on investing in emerging market entrepreneurs. The initiative will pilot financial resilience and humanitarian solutions built on the XRPL, aiming to advance equitable access to finance.

Check Out the Latest Prices, Charts, and Data of 

 he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Gensler, whose term runs until 2026, faced pressure from the crypto lobby due to the SEC’s strict regulatory actions against the industry, including high-profile cases against Coinbase and Binance. Gensler’s departure is seen as a victory for crypto advocates, who hope the next SEC chair will be more crypto-friendly. Trump has hinted at firing Gensler on his first day in office and is expected to appoint a chair with expertise in crypto, such as Mark Uyeda, Hester Peirce, or Chris Giancarlo.

Yesterday, BTC Spot ETF data revealed a net inflow of $396.7 million, driven by $404.5 million from non-GBTC sources, partially offset by a $7.8 million outflow from GBTC..

 for those who participated. To claim, visit 

 using code B0FKOP. Additionally, Morph Zoo Season 2 has launched on mainnet, allowing users to earn points by bridging ETH or executing transactions on Morph. The Bitget Wallet offers a 1.2x multiplier on points to maximize rewards.

Beginner

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SEC Chair Gary Gensler to Resign on Inauguration Day, Marking a Win for Crypto Lobby

Trading

If you’re keen to learn how to trade cryptocurrency, it naturally means you’re ready to embrace the volatility and the expeditious trends. While

Trading.jpeg

If you’re keen to learn how to trade cryptocurrency, it naturally means you’re ready to embrace the volatility and the expeditious trends. While volatility brings uncertainties to the market, it can open up innumerable opportunities in the decentralized paradigm. 

The upshot? Cryptocurrency trading is not only the most prominent and society-redefining trend in the current financial market. Its growth is speculated to resonate in three upcoming years. Of course, it’s common to find yourself struggling to understand the concept of crypto trading, crypto ecosystem, crypto exchange, or wondering how to trade cryptocurrency.

Here’s the comprehensive crypto trading guide and tutorial that deciphers the trading processes, risks, legality, and ultimately, ensures you master the art of crypto trading.

5 Ways to Trade Cryptocurrency Successfully

The best way to trade cryptocurrency is first to understand the concept. Then, validate the exchanges’ security, decide on wallet types, and embrace different crypto trading methodologies. Always be logical yet quick to react to market volatility. In contrast, the key to successful crypto trading is to set a limit.

Regardless, of it’s fiat to crypto trading or crypto to crypto trading, you’ll understand the trading process’s details, crypto exchange and learn how to trade crypto in five simple steps.

Depending on your specific preferences, you can start trading cryptocurrency by buying digital currencies, mining crypto, or even staking to earn yield rewards. Ultimately, your choice of trades will yield different results. 

Most beginners would tap into the crypto world through the centralized exchanges of fiat money for cryptocurrency. Mainly because the fiat-to-crypto gateways widely boast of flexibility rather than complexity. Traders who are keen on fiat-to-crypto trading can expect seamless transactions with preferred cryptocurrencies and any money payment methods. The minimum requirement is to make sure the chosen exchange platform supports fiat money to cryptocurrency. From there, traders can then deposit money and perform the buy or sell process within its account. 

Traders will only be trading crypto in the exchange from one crypto to another. However, traders are required to be aware that most of the current crypto exchanges focus only on Bitcoin (BTC) to other cryptocurrencies. What remains the same is that a trader needs to create a cryptocurrency exchange account and list his assets to open a position. Before the selling of crypto, it is secured in hot or cold wallet storage.

Staking is a less cognitive and labor-intensive alternative to coin mining. Unlike trading, users enter the crypto world without asset investment but rather earn staking rewards by maintaining network security. It usually consists of validating a transaction, holding coins in a wallet, or delegating funds to a staking pool. Although staking is resistant to cryptocurrency market manipulation, the rules and regulations are subject to change. Mainly it’s used to mitigate the artificial inflation of a project for a higher staking return. 

Crypto was once just a bubble in a niche industry. But unlike ten years ago, the crypto ecosystem has evolved into a diversified financial sector. It now comprises crypto exchanges, blockchain protocols, information aggregations, mobile apps, and a developing regulatory environment, thanks to the unique underlying decentralized nature. 

When trading crypto, a trader can eradicate the obscurity of transactions. As opposed to performing a transaction via a central server, the crypto network utilizes a system of

 that foster transparency. That means when a trader bought or sold a cryptocurrency, the transaction will be recorded to a shared digital ledger (blockchain) that is immutable. It’s completely automated, and it also cuts down on operational inefficiencies significantly.

Centralized Finance (CeFi) or Decentralized Finance (

The advent of blockchain has evolved for further diversification and innovation that’ll only benefit the crypto community. What 

 is the transferability of risks. A CeFi user can be assured of the escrowed funds. While 

 boasts of its independence by adhering to the protocols and autonomous controls. For example, decentralized exchanges (

) builds their structure through the peer-to-peer marketplace on blockchain to allow traders to be the custodian of their funds.

Discern the factors of Cryptocurrency Market Movement

The main constituent of a crypto trade is demand and supply. Meanwhile, there are a variety of factors that can exert influence on capital mobility. That includes market price manipulation, crypto news, political and government ordinances, the sustainability of the crypto ecosystem, scarcity, utilization of the supply of crypto alternatives, and more. 

Profit is a direct reflection of a trading strategy. Beyond investing in crypto, adopting a strategic trading approach can make all the difference. Below are some of the methods to trade cryptocurrency:

Day trading features a similar tactic as scalping; it involves long and short within minutes. Typically, it involves trading on a day. What distinguishes intra-day and day trading is that it allows traders to hold an open position over a day. As long as the crypto market stays open, intra-day traders will not be affected. 

So, for day traders who’re keen on owning the cryptocurrency, you’ll need an exchange to trade on its price. As opposed to price speculation, you’ll be needing a broker. When you’re connected to a broker, the plus point is you can run through the purchase or sale of crypto on a broker demo account. But if you own an actual coin in exchange, practicing without losing money is not possible.

When range trading, traders need to consolidate a pool of coins before selling it at a higher price. The standard practice includes trading within a range. A range trader will make a transaction regardless of the market’s low and high. As long as the price is within the price range, a trader will act.

, it usually involves a larger amount of trade where a trader intends to hold an open position for a longer period of time. Swing traders usually do not check or trade regularly but rather deal within a few days or weeks. Most of the time, a swing trader uses analytic tools and research to determine the 

, relative strength index (rsi), and investment trends preparatory to a trade.

Security is essential when it comes to crypto trading. A reliable and secure cryptocurrency trading platform with a vital security feature is a plus. Not only can it minimize the risks of a fund transfer; traders can purchase or trade with ease. Here are some must-have requirements to narrow down your choices:

A good thing to know is that the failure rate of cryptocurrency is high. That means, before diving into a coin, it’s best to research its prospects. The last thing you want is another disappearance of a large group in the crypto paradigm.

The Differences: Investing vs. Trading Crypto

The term ‘investing and trading’ is used interchangeably in the cryptocurrency market. While these terms are inextricably intertwined, there’s indeed a difference. The most fundamental 

is that it requires a distinctly different mindset and tactics to make money in the crypto market. So, should you be trading or investing in crypto? Here’s an overview of the differences: 

Investors tend to have a longer-term outlook. That means a trader is prepared to commit over an extended time to these digital assets for more massive returns. Generally, it means investors intend to buy and hold (HODL) cryptocurrencies regardless of market volatility.  

Investors usually create a position at the lowest price and gradually build wealth through price appreciation of the project’s digital assets and shares. Investing in cryptocurrency usually involves minimal buying and selling assets. However, hedging is quintessential to managing any of the open positions. Principally, investing in cryptocurrency means you are in for the long haul, even if there are price fluctuations. 

As compared to crypto investment, traders lay hold of profits through the rise and fall of markets. That also translates to the enter and exit of a position over a shorter time frame for smaller but more frequent profits. When it comes to trading crypto, the most fundamental principle is to buy low and sell high in a considerably short period. The goal is to maximize the potential percentage of gains based on short-term price trends. Ultimately, to maximize capital growth and preservation.

Anyone can start trading cryptocurrency. But it’s undoubtedly confusing at the beginning. The crypto trading process itself differs from trading on fiat exchanges. Ultimately, the question any beginner would ask is how to start trading cryptocurrency? Here’s a list of requirements to help you kickstart your trading journey and start earning passive income.

The best way to start trading cryptocurrency is first to decide on an exchange to trade on. Similar to forex trading, novice users need to first register and deposit funds into the account hosted by the crypto exchange. A trader can only initiate the trading process upon the completion of the signups.

When selecting a cryptocurrency exchange, there are a few factors that may sway your decision. That includes geographical restrictions, transaction fees, technical support, security, ease of use, and leverage. But since cybersecurity is on edge, trading on cryptocurrency exchanges that use cold wallets is best to steer clear of these notorious hackers.

The use of a cryptocurrency wallet is inevitable to store and retrieve any digital assets. Since crypto is vulnerable to security hacks, using an integrated cryptocurrency wallet, preferably a cold wallet, is vital to safeguard your private keys. Yes, there is an overwhelming selection of crypto wallets ranging from Coinbase wallet, Binance trust wallet, to Poloniex wallet.

To narrow down your selection, make sure the wallets are compatible with your geographically needs. A crypto wallet with robust security, including password and data encryption, intuitive interface, and two-factor authenticator verification (2FA), is a plus. 

A wallet is a tool for cryptocurrency owners to store, receive, or send crypto from one to another. While a hot wallet does not steer away from its primary function, it’s instead built based on the internet ecosystem. 

A hot wallet works best to facilitate the decentralized blockchain ledger’s changes rather than storing a currency. And the linked public and private keys are essential to activate any transactions.

While the hot wallet’s security and safety are debatable, the vulnerability still lies upon a user’s behavior. However, it’s undeniable that hot wallets are prone to hacking because of their online private keys storing nature. The chances for hackers infiltrating a hot wallet are high but can be prevented through a hot wallet’s strategic use. For example, keeping a small amount of cryptocurrency in a hot wallet is less likely to be targeted for hacks. It’s simply not worth the effort of hacking into an account with little tokens. 

 Suitable for those who intend to access crypto easily and more frequently. It’s easy to set up and accepts more variety of tokens.

On the contrary, a cold wallet does not utilize internet connectivity to store any cryptocurrencies. A cold wallet, aka cold storage, is a digital wallet that holds personal information, including private keys offline on a platform that is only accessible physically. Hence, preventing cyber infiltration online. 

These cold wallets can be in the form of paper or hardware, depending on your likings. As the name suggests, a paper wallet exists when a cryptocurrency owner records its private keys on a piece of paper. As for hardware wallets, it can appear in the form of a remote device connected to the internet when used and disconnects when the transaction is over. This hardware can be in the form of a USB stick or a memory chip. 

It is best to keep in mind that cryptocurrencies are volatile assets. Naturally, these assets’ prices fluctuate over time within a span of a few minutes or hours. Staying up-to-date with the unceasing 

 is keeping abreast of the crypto trends, events, or the latest news. It’s also worth keeping an eye on the data, including 

Trading crypto is no different from Forex. The goal is to maximize profits with as little loss as possible. When it comes to trading, losing is inevitable; the key is how we can minimize these losses? Here are some common crypto trading mistakes you should avoid:

Trading cryptocurrency with leverage is legal, and it’s often used due to its efficiency. It is great to maximize the returns for profitable trades; however, it also magnifies losses when the crypto market favors your predictions. In short, when a crypto trader is over-leveraged, it increases crypto volatility. 

The use of position sizing is great to mitigate risks in a leveraged trade. When a position size is set, it’s clear that you can’t lose more than what you’ve selected to lose on a single transaction.

As the name suggests, revenge trading has a psychological effect on a trader who attempts to win back the losses by entering the market with a larger and riskier trade. Of course, there are chances of winning back what you lost. But, it’s riskier than you think.

Here are some of the symptoms that show you’re performing a revenge trade:

The best way to overcome these crypto trading mistakes is to set your emotions aside and get analytical to identify what went wrong. Be aware of the errors, and don’t repeat them ever again.

Cryptocurrency is still a good investment despite its volatility. While these uncertainties can be doubtful, they can also open up new opportunities for profit gains. Cryptocurrency is the future given that Bitcoin’s prospect is beaming, and there are plenty of decentralized projects lining up. For example, many international entities like Microsoft, Visa, Paypal, Square are already placing their crypto bets into the crypto marketplace. These projects will only continue to strengthen the crypto position in the financial industry. 

Investing in cryptocurrency means transparency is prioritized. Its intuitive nature makes a deposit, options, transaction, and a contract pellucid. Any actions can be taken without any access or involvement of an intermediary. It is dependable and only relies on the technology built on the blockchain. 

The development of decentralized finance (Defi) also further increases transparency in the ecosystem by impeding the centralized structures directly on the blockchain. 

Is Trading Crypto a Good Passive Income Source? 

Trading in crypto requires more frequent actions and strategic decisions as compared to investing in crypto. While traders rely on more significant returns through active trading, HODL crypto is a better option to earn passive income. 

Alternatively, coin mining, staking, and affiliate require little to no capital depositing to earn passive income. The challenging part includes the sustainability of these approaches. So, depending on your choice and expertise, making passive income with crypto is possible.

Whoever complies with the trade regulations can trade Bitcoin and other cryptocurrencies in general. However, it highly depends on geographical constraints and legality. While some countries treated Bitcoin (BTC) as a commodity and currency, there are some nations outlaw the utilization of digital currency. Mainly because of its decentralized nature that is against the existing monetary system. 

Here’s a list of the countries that are against the trade of Bitcoin and cryptocurrency: 

Bitcoin is restricted and prohibited from trading:

*Please refer to the local regulations before proceeding to trade cryptocurrency. The rules are subjected to change based on the local authority. Bybit holds no responsibility for any misinterpretation of the above data.

Bitcoin and cryptocurrency trading possesses a bright future, given that decentralization is favorable by the public in improving fair provisions and perceptions on economic development. One can agree that Bitcoin and crypto, in general, are gaining momentum and recognition from the crowd. Its value continued to spike and is speculated to reach new heights in the marketplace in the coming future. 

How to Trade Cryptocurrency for Sustainable Profits in 2022

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards