Bybit, a Dubai-based cryptocurrency exchange, has expanded its financial services by introducing cryptocurrency lending—joining a select group of major exchanges offering interest-bearing loan facilities.

Bybit Launches Crypto Lending with Hourly Interest Payouts

On May 2nd, Bybit announced its new lending product, enabling users to earn interest on deposited cryptocurrencies. Key features include:
– Hourly interest payments from a pooled lending system
– No lock-up periods for lenders to deposit/withdraw tokens
– Collateralized borrowing requiring equal/higher-value assets

👉 Discover how crypto lending can grow your portfolio

Competitive Landscape of Exchange-Based Crypto Lending

Bybit enters a market where few major exchanges offer native lending services:

Exchange	Lending Features	Unique Aspect
Bybit	Hourly payouts, no lock-ins	Integrated trading liquidity
Binance	Flexible savings products	Multi-asset support
KuCoin	Token-specific lending markets	Peer-to-peer model
OKX	Borrowing against deposits only	No direct lender payouts

👉 Compare crypto lending platforms here

Regulatory Considerations in Crypto Lending

The service launch follows regulatory challenges faced by other exchanges:
– Coinbase and Kraken faced SEC actions (2023) regarding staking-as-service programs
– Bybit emphasizes collateral protection for lenders
– DeFi alternatives remain available but carry different risk profiles

How Bybit’s Lending Service Works

1. For Lenders:
2. Deposit supported cryptocurrencies
3. Earn hourly compounded interest

4. Withdraw funds anytime

5. For Borrowers:

6. Provide collateral (minimum 100% LTV)
7. Access liquidity for trading strategies
8. Repay loans flexibly

CEO Ben Zhou stated: “This bridges yield opportunities for holders and liquidity needs for advanced traders—all within our secure ecosystem.”

FAQs About Crypto Lending on Exchanges

Q: Is crypto lending safe on Bybit?
A: While no service is risk-free, Bybit uses over-collateralization and institutional-grade custody to mitigate defaults.

Q: How does interest compare to DeFi platforms?
A: Exchange rates are typically lower but offer simpler interfaces and insured custodial solutions.

Q: Can US customers use Bybit’s lending?
A: Currently unavailable to US users due to regulatory considerations.

Q: What’s the minimum deposit?
A: Bybit hasn’t disclosed minimums, but most exchanges require small amounts (e.g., 0.001 BTC).

Q: Are there tax implications?
A: Interest earnings are generally taxable—consult local regulations regarding crypto income.

Q: How does Bybit determine interest rates?
A: Rates fluctuate based on market demand for borrowing specific assets.

Future of Crypto Lending Services

As regulatory frameworks evolve, exchanges like Bybit are innovating while addressing:
– Risk management through collateralization
– Transparency in interest calculations
– Compliance with regional financial laws

The service marks another step in crypto exchanges becoming comprehensive financial platforms beyond basic trading.

Bitcoin (BTC), the pioneer of cryptocurrencies, continues to captivate investors worldwide. As interest grows, selecting a secure and user-friendly platform like OKX becomes essential. This guide walks you through the seamless process of purchasing Bitcoin on OKX, covering account setup, security measures, and transaction management.

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1. Register an OKX Account

To begin, visit the OKX official website and click “Sign Up.” Provide your email address and create a strong password. After registration, verify your email via the confirmation link sent to your inbox.

👉 Pro Tip: Enable two-factor authentication (2FA) during sign-up for enhanced security.

---

2. Complete Identity Verification (KYC)

OKX complies with global AML/KYC regulations. To verify your identity:
1. Log in and navigate to Account Settings > Verification.
2. Upload a government-issued ID (e.g., passport or driver’s license) and a selfie holding the ID.
3. Wait for approval (typically within 24 hours).

Why KYC Matters: Ensures platform security and unlocks higher withdrawal limits.

---

3. Deposit Funds

OKX supports multiple deposit methods:

Method	Steps	Processing Time
Fiat Deposit	Bank transfer, credit/debit card, or PayPal	Instant–24 hours
Crypto Deposit	Transfer from an external wallet	1–3 network confirmations

👉 Example: To deposit USDT, go to Assets > Deposit, select USDT, and send funds to the generated address.

---

4. Buy Bitcoin (BTC)

Follow these steps for a spot trade:
1. Navigate to Trade > Spot Trading.
2. Search for the BTC/USDT trading pair.
3. Enter the amount (in BTC or USDT) and review the order summary.
4. Click Buy BTC to execute the trade.

Market vs. Limit Orders:
– Market Order: Buys BTC instantly at current prices.
– Limit Order: Sets a target price for the trade.

---

5. Secure and Manage Your BTC

After purchase:
– Check Balance: View holdings under Assets > Overview.
– Withdraw BTC: To transfer to a private wallet, select Withdraw, enter your wallet address, and confirm.
– Monitor Trends: Use OKX’s charts and alerts to track BTC performance.

---

6. Essential Security Tips

Protect your assets with these OKX features:

Pi Network (PI) Current Price

The current price of Pi Network (PI) is Rp7,957.78, with a 24-hour trading volume of Rp474.88 billion. Its market capitalization stands at Rp60.71 trillion, representing a 0.16% market dominance. Over the past 24 hours, the price has increased by +0.29%.

Pi Network Price Data

• 24h Trading Volume: Rp474.88B
• All-Time High (ATH): Rp48,632.81
• 24h High: Rp8,134.81
• All-Time Low (ATL): Rp794.33
• 24h Low: Rp7,700.35

Pi Network Market Cap Insights

• Market Cap: Rp60.71T
• Fully Diluted Valuation (FDV): Rp795.77T
• Market Cap/FDV Ratio: 7.63%
• Market Sentiment: Positive

Pi Network Supply Metrics

• Circulating Supply: 7.62B PI
• Total Supply: 11.73B PI
• Max Supply: 100B PI

---

Pi Network Price Prediction

Pi Network (PI) is projected to reach an average price of Rp8,001.07 by 2025, with potential fluctuations between Rp6,960.93 (low) and Rp10,801.44 (high). By 2035, analysts suggest PI could surge to Rp48,311.97, offering a potential return of +311% from its current value.

Year	Minimum Price	Maximum Price	Average Price	Change
2025	Rp6,960.93	Rp10,801.44	Rp8,001.07	—
2026	Rp7,615.01	Rp12,409.66	Rp9,401.25	+17%
2027	Rp6,652.33	Rp12,759.38	Rp10,905.45	+36%
2028	Rp9,820.91	Rp17,275.33	Rp11,832.42	+47%
2029	Rp13,098.49	Rp18,337.88	Rp14,553.88	+82%
2030	Rp12,992.24	Rp23,024.23	Rp16,445.88	+105%
2031	Rp12,433.08	Rp27,234.38	Rp19,735.06	+146%
2032	Rp20,431.70	Rp34,287.69	Rp23,484.72	+193%
2033	Rp18,198.31	Rp35,241.17	Rp28,886.21	+261%
2034	Rp28,857.32	Rp33,666.87	Rp32,063.69	+300%
2035	Rp28,592.79	Rp48,311.97	Rp32,865.28	+311%

👉 Discover the latest crypto trends and forecasts to stay ahead in the market.

---

Pi Network Price History

Over the past 24 hours, Pi Network’s price has risen +0.29%, while declining -20.52% over 7 days. The 30-day and 1-year trends show decreases of -23.14% and -71.06%, respectively.

Time Frame	Price Change	% Change
1H	+Rp10.33	+0.13%
24H	+Rp23.01	+0.29%
7D	-Rp2,054.52	-20.52%
30D	-Rp2,395.82	-23.14%
1Y	-Rp19,547.35	-71.06%

👉 Explore real-time Pi Network price charts and analysis for deeper insights.

---

Frequently Asked Questions (FAQs)

1. What factors influence Pi Network’s price?

Supply-demand dynamics, adoption rates, exchange listings, and broader crypto market trends impact PI’s valuation.

2. Can Pi Network reach its all-time high again?

While past performance doesn’t guarantee future results, bullish predictions suggest potential growth if adoption accelerates.

3. How does Pi Network’s supply affect its price?

With a max supply of 100B PI, inflation control and burning mechanisms could play a role in long-term price stability.

4. Where can I trade Pi Network (PI)?

PI is available on select exchanges, including Gate.io, OKX, and Huobi.

5. Is Pi Network a good investment?

High-risk/high-reward: its unique mining model and future utility will determine its success.

6. What’s the difference between circulating and max supply?

Circulating supply (7.62B PI) is currently tradable, while max supply (100B PI) is the ultimate cap.

---

Cryptocurrency exchanges are digital platforms where users can buy, sell, and trade digital assets like Bitcoin and other cryptocurrencies. These platforms serve as marketplaces, offering varying levels of accessibility, security, and features. Whether you’re a beginner or an experienced trader, understanding how these exchanges work is crucial for navigating the world of digital finance.

Key Takeaways

• Cryptocurrency exchanges facilitate the trading of digital assets.
• Exchanges can be centralized or decentralized, each with unique advantages.
• Supported cryptocurrencies, security measures, and user experience vary by platform.

What Is a Cryptocurrency Exchange?

A cryptocurrency exchange is a digital marketplace that enables users to trade cryptocurrencies and other digital assets, such as non-fungible tokens (NFTs). Unlike traditional stock exchanges, crypto exchanges operate entirely online and are not regulated by entities like the U.S. Securities and Exchange Commission (SEC). However, they must comply with certain financial regulations, such as the Bank Secrecy Act.

How Crypto Exchanges Differ from Traditional Markets

1. No Physical Presence: Crypto exchanges exist solely in the digital realm.
2. Limited Regulation: Most exchanges are not overseen by the SEC, though they must adhere to anti-money laundering (AML) laws.
3. Asset Variety: While primarily dealing in cryptocurrencies, many exchanges also support fiat currencies (e.g., USD, EUR).

👉 Discover the best platforms for trading digital assets

Centralized vs. Decentralized Exchanges

Cryptocurrency exchanges fall into two main categories: centralized (CEX) and decentralized (DEX). Each type has distinct features:

Feature	Centralized Exchanges (CEX)	Decentralized Exchanges (DEX)
Crypto Offerings	Moderate	High to moderate
Fiat Support	High	Limited
Ease of Use	High	Low (requires tech knowledge)
User Control	Exchange holds funds	User retains full control
Privacy	Moderate (KYC required)	High (anonymous trading)
Security	Moderate (hack risks)	High (no central database)

Pros and Cons of Each Type

• Centralized Exchanges:
• Pros: User-friendly, high liquidity, fiat support.

• Cons: Custodial risks, regulatory exposure.

• Decentralized Exchanges:

• Pros: Greater privacy, no intermediaries.
• Cons: Steeper learning curve, lower liquidity.

How Cryptocurrency Exchanges Work

Steps to Buy Cryptocurrency

1. Choose a Reputable Exchange: Research platforms like Coinbase, Binance, or Uniswap.
2. Register and Fund Your Account: Link a bank account or deposit fiat/crypto.
3. Select a Cryptocurrency: Decide which asset to buy (e.g., Bitcoin, Ethereum).
4. Execute the Trade: Place an order (market or limit).
5. Secure Your Assets: Transfer funds to a private wallet for added safety.

👉 Learn how to start trading today

Top Cryptocurrency Exchanges in 2024

1. Coinbase:
2. A U.S.-based, publicly traded exchange.

3. Wide selection of coins and user-friendly interface.

4. Binance:

5. Global platform with extensive coin offerings.

6. Operates a U.S.-compliant subsidiary (Binance.US).

7. Uniswap:

8. Leading decentralized exchange (DEX).
9. Governed by UNI token holders for community-driven decisions.

FAQs About Cryptocurrency Exchanges

1. Are cryptocurrency exchanges safe?

While many exchanges implement robust security measures, risks like hacking exist. Always enable two-factor authentication (2FA) and use hardware wallets for large holdings.

2. Can I trade cryptocurrencies without an exchange?

Peer-to-peer (P2P) platforms and decentralized exchanges allow direct trading without intermediaries.

3. What fees do crypto exchanges charge?

Fees vary but often include trading fees (0.1%–0.5%), withdrawal fees, and spreads.

4. How do I choose the best exchange?

Consider factors like supported coins, fees, security, and regulatory compliance.

5. Are decentralized exchanges better than centralized ones?

It depends on your needs: DEXs offer privacy, while CEXs provide ease of use and liquidity.

Final Thoughts

Choosing the right cryptocurrency exchange depends on your trading goals, technical expertise, and preferred level of control. Centralized exchanges like Coinbase are ideal for beginners, while decentralized platforms like Uniswap cater to advanced users seeking autonomy.

Remember: Always conduct thorough research and prioritize security when trading digital assets.

For more insights, explore our in-depth guides on blockchain technology and investing strategies.

👉 Start your crypto journey with confidence

Overview of Cryptocurrency Market Trends

The global cryptocurrency market capitalization stands at $3.426 trillion, reflecting a 2.6% decline over the past 24 hours. Bitcoin (BTC) maintains its dominance with a 54.1% market share, while Ethereum (ETH) follows at 12.0%.

Key Metrics:
– Total Market Cap: $3.426 trillion
– 24H Change: -2.6%
– BTC Dominance: 54.1%
– ETH Dominance: 12.0%
– Ethereum Gas Fee: 5.466 GWEI

👉 Explore real-time crypto market data

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Market Dynamics and Analysis

Bitcoin’s Steady Leadership

Bitcoin’s 54.1% dominance underscores its role as the cornerstone of the crypto market. Despite short-term volatility, BTC remains the primary driver of overall market trends.

Ethereum’s Position and Gas Fees

Ethereum’s 12% market share highlights its significance in decentralized applications (dApps) and smart contracts. The current average gas fee of 5.466 GWEI indicates moderate network activity.

Factors Influencing the 2.6% Dip

The recent drop in total market cap may be attributed to:
1. Profit-taking after a bullish phase.
2. Macroeconomic uncertainties affecting investor sentiment.
3. Sector-specific corrections in altcoins.

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Frequently Asked Questions (FAQ)

1. What does “market dominance” mean in crypto?

Market dominance measures a cryptocurrency’s share relative to the total market cap. Bitcoin’s 54.1% dominance means it accounts for over half of the entire crypto market’s value.

2. Why are Ethereum gas fees important?

Gas fees reflect the cost of executing transactions on Ethereum. Lower fees (5.466 GWEI) suggest reduced network congestion, improving usability for decentralized finance (DeFi) users.

3. How does BTC’s dominance impact altcoins?

High BTC dominance often correlates with reduced altcoin performance, as investors flock to Bitcoin during market uncertainty.

4. What caused the 24-hour market cap decline?

Potential reasons include regulatory news, exchange outflows, or large sell-offs by institutional holders.

👉 Stay updated with live crypto insights

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Comparative Historical Data

Date	Total Market Cap	BTC Dominance	ETH Dominance
2025-05-06	$3.24T	65%	10.8%
2024-12-23	$3.43T	55%	11.5%

Note: BTC’s dominance peaked at 65% in May 2025, its highest since February 2021.

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Key Takeaways

1. Bitcoin’s dominance (54.1%) signals its resilience.
2. Ethereum’s 12% share reflects sustained demand for smart contracts.
3. Monitor gas fees and macroeconomic trends for future market shifts.

For deeper analysis, track metrics like exchange reserves and institutional inflows.

👉 Dive into advanced crypto analytics

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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research before investing.
“`

Top Cryptocurrency Performers (24-Hour Change)

Centralized Exchange (CEX) Leaders

Here’s how major cryptocurrencies performed on top CEXs over the last 24 hours:

Cryptocurrency	Price Change
BTC	-0.19%
ETH	+2.69%
SOL	+2.35%
XRP	-1.48%
BNB	+0.33%
PEPE	+0.71%
DOGE	+0.01%
UNI	+15.65%
SUI	+0.79%
AAVE	+6.89%

Top Gainers (Data Source: OKX)

👉 Discover real-time crypto trends
These assets saw the highest surges:

Cryptocurrency	Price Change
RPL	+27.45%
RIO	+20.38%
DAO	+18.78%
UNI	+15.65%
SSV	+14.22%
KMNO	+13.35%
LQTY	+12.56%
LDO	+10.92%
JTO	+10.76%
J	+10.68%

---

Trending Projects & Market Updates

🔥 24-Hour Hot Search: Skate (SKATE)

Binance Alpha’s newest infrastructure project, Skate aims to bridge multiple virtual machines (EVM, TonVM, SolanaVM) for seamless cross-chain interactions.

Key Headlines

• Forbes Rich List Update: Binance’s CZ retains title as China’s wealthiest person with $65.7B in assets (ranked #24 globally).
• U.S. Tariff Policy: Federal Court temporarily upholds Trump-era tariffs; hearing scheduled for July 31.
• Metaplanet’s IRS Status: The Bitcoin-adopting Japanese firm may be classified as a Passive Foreign Investment Company (PFIC) for U.S. shareholders.

Industry Developments

• Connecticut’s Crypto Ban: HB 7082 bill prohibits state entities from holding/investing in Bitcoin (effective October 2025).
• CoinShares Solana ETF: Registered in Delaware, signaling growing institutional interest.
• Trump-Linked Bitcoin Reserves: “American Bitcoin” mining firm holds 215 BTC (~$23M) with no fixed accumulation target.

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Project Highlights

Ethereum Security Initiative (1 TS Report)

The Ethereum Foundation’s “Trillion-Level Security” program addresses critical challenges:
1. User Experience: Secure private key management.
2. Smart Contracts: Development lifecycle security.
3. Infrastructure: L2 chains, RPCs, and cloud services.
4. Consensus Protocol: Attack prevention mechanisms.
5. Incident Response: Fund recovery strategies.
6. Governance: Decentralized ecosystem sustainability.

Huma Protocol’s Staking Rewards

• Stake HUMA tokens to earn “Feathers” for airdrop eligibility.
• Bonus multipliers for LP positions (up to 2x).
• OG LPs receive 1.2x fixed bonus for early participation.

👉 Explore staking opportunities

Fragmetric Airdrop Speculation

Solana-based Fragmetric hints at >5% airdrop allocation, exceeding initial community estimates.

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Investment & Financing

Company	Sector	Funding Round	Amount	Key Investors
Hypernative	Web3 Security	Series B	$40M	Ten Eleven Ventures, Ballistic
Noah	Stablecoins	Seed	$22M	LocalGlobe, Felix Capital

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Expert Insights

• Slow Mist’s Cosine: Alby wallet users can recover assets via official appeals.
• Bitwise Analyst: DeFi’s growth is now driving Ethereum’s valuation.
• 1Confirmation Founder: Ethereum’s trustworthiness underpins its market dominance.
• Greeks.live: Traders remain cautious despite bullish momentum.

---

FAQ

Q: How does Jambo’s price compare to other altcoins?
A: J (+10.68%) outperformed major assets like BTC (-0.19%) but trailed high-gainers like RPL (+27.45%).

Q: What’s the significance of CoinShares’ Solana ETF?
A: Registration indicates institutional demand, potentially boosting SOL’s liquidity.

Q: Can U.S. investors participate in Huma’s staking?
A: Yes, but consult tax advisors regarding PFIC implications.

Q: Why are put options still popular in a bullish market?
A: Traders hedge against volatility and potential manipulation near key price levels (e.g., $105K–$110K BTC).

Q: How does Skate differ from other interoperability projects?
A: It uniquely supports EVM, TonVM, and SolanaVM under one interface.

Q: What triggered UNI’s 15.65% surge?
A: Anticipation around governance upgrades and fee-sharing proposals.

Introduction

Crypto.com has expanded its offerings beyond cryptocurrencies, allowing US users to trade over 5,000 stocks and ETFs directly through its platform. This service is facilitated by Foris Capital US LLC, a fully registered broker-dealer, blending traditional investing with the convenience of a crypto-friendly app.

In this guide, we’ll walk you through stock trading on Crypto.com, covering its features, benefits, and step-by-step instructions to get started.

What Are Stocks?

Stocks represent partial ownership in a company. When businesses seek capital, they may issue shares publicly, enabling investors to buy a stake in their assets and earnings. Key aspects include:

• Ownership Rights: Shareholders can vote on corporate decisions and receive dividends.
• Price Fluctuations: Stock values change based on company performance, economic trends, and market sentiment.
• Profit Potential: Investors earn through capital appreciation (selling shares at a higher price) and dividends.

👉 Learn more about stock market basics

Stock Trading vs. Crypto Trading

Aspect	Stocks	Cryptocurrencies
Trading Hours	9:30 AM–4:00 PM ET (weekdays)	24/7
Regulation	SEC/FINRA oversight	Decentralized, varying regulations
Volatility	Moderate, tied to fundamentals	High, driven by speculation
Settlement	T+1 (next business day)	Instant or minutes

How to Trade Stocks on Crypto.com

Step 1: Set Up a Stocks Account

1. Open the Crypto.com App and navigate to the Stocks tab.
2. Tap Buy or Sell to initiate account creation.
3. Complete verification (takes up to 3 business days).

Step 2: Fund Your Account

• Transfer USD from your Fiat Wallet to Stocks Cash (instant during market hours).
• Alternatively, sell crypto for USD to fund stock purchases.

Step 3: Place Orders

• Market Order: Executes immediately at current prices.
• Limit Order: Buys/sells at a specified price.
• Fractional Shares: Invest with as little as $1.

👉 Start trading stocks today

Fees and Features

• Zero Commissions: No fees for trades (regulatory fees may apply).
• Protections: SIPC-insured up to $500,000.
• Corporate Actions: Receive notifications for dividends or splits.

Buying Stocks with Crypto (Indirectly)

While direct crypto-to-stock trades aren’t allowed, you can:
1. Sell crypto for USD in your Fiat Wallet.
2. Transfer USD to Stocks Cash to purchase shares.

Advantages of Using Crypto.com

• Diversification: Access stocks and crypto in one app.
• Fractional Investing: Low entry barriers.
• Regulated Security: FINRA/SIPC membership ensures compliance.

FAQ

1. Can non-US users trade stocks on Crypto.com?

No, this feature is currently limited to US citizens.

2. Are there hidden fees?

Foris Capital charges no commissions but passes on regulatory fees.

3. How long do transfers take?

USD transfers between Fiat Wallet and Stocks Cash are instant during market hours.

4. Can I transfer stocks from another brokerage?

Yes, via ACAT transfers (eligible for bonus incentives).

5. Is SIPC protection reliable?

Yes, it covers up to $500,000 in securities.

Conclusion

Crypto.com’s stock trading service merges traditional finance with digital asset flexibility, offering commission-free trades, fractional shares, and robust security. While restricted to US users, it’s a powerful tool for diversified investing.

Disclaimer: This content is for educational purposes only. Crypto.com and Foris Capital US LLC are separate entities. Always consult a financial advisor before investing.

Introduction

Token creation and vesting are fundamental processes in the Solana ecosystem, enabling projects to manage their tokenomics effectively. This comprehensive guide will walk you through creating an SPL token, deploying a vesting program, and establishing a vesting schedule on Solana’s devnet.

Prerequisites

Before beginning, ensure you have:

• A Chainstack account for node deployment
• Rust installed for program development
• Solana CLI tools for network interaction
• SPL token CLI for token operations

👉 Ready to dive deeper into Solana development?

Understanding Solana Token Mechanics

SPL Tokens Explained

The Solana Program Library (SPL) provides standard token implementations similar to ERC-20 on Ethereum. Key concepts include:

• Token Program: Default program for token creation and management
• Associated Token Accounts: Derived accounts holding specific tokens
• Vesting Programs: Custom logic for controlled token release

Vesting Fundamentals

Token vesting helps projects:
– Prevent token dumping
– Align team incentives
– Maintain price stability
– Comply with regulatory requirements

Step-by-Step Implementation

1. Setting Up Your Development Environment

“`bash

Install Solana CLI

sh -c “$(curl -sSfL https://release.solana.com/stable/install)”

Install SPL token CLI

cargo install spl-token-cli
“`

2. Creating a Solana Project

1. Log in to your Chainstack account
2. Create a new public chain project
3. Join Solana devnet
4. Retrieve your node credentials

3. Generating and Funding Accounts

“`bash

Generate keypair

solana-keygen new –outfile ~/.config/solana/keypair.json

Fund account using devnet faucet

solana airdrop 1 [YOUR_PUBKEY]
“`

👉 Need SOL for testing? Use a reliable faucet

4. Creating Your SPL Token

“`bash

Create new token

spl-token create-token

Example output: Created token CZw5RPCHZcc…

“`

5. Setting Up Token Accounts

“`bash

Create associated token account

spl-token create-account [TOKEN_ADDRESS]

Mint initial supply

spl-token mint [TOKEN_ADDRESS] 1000
“`

6. Deploying the Vesting Program

“`bash

Clone Bonfida vesting program

git clone https://github.com/Bonfida/token-vesting.git

Build and deploy

cd token-vesting/program
cargo build-bpf
solana program deploy target/deploy/token_vesting.so
“`

7. Creating Vesting Schedules

Parameter	Description	Example Value
Token Address	Your created SPL token	CZw5RPCHZcc…
Release Timestamp	Unix timestamp	1643587200 (Jan 31, 2022)
Release Amount	Base units (1 token = 1,000,000,000)	1000000000

“`bash

Create vesting schedule

./cli create-vesting \
–program [PROGRAM_ADDRESS] \
–token [TOKEN_ADDRESS] \
–amount 1000000000 \
–date 1643587200
“`

8. Managing Vesting Instances

“`bash

Check vesting status

./cli check-vesting –program [PROGRAM_ADDRESS] –seed [SEED]

Release vested tokens

./cli release –program [PROGRAM_ADDRESS] –seed [SEED]
“`

Advanced Vesting Strategies

Multi-Stage Vesting

Implement complex vesting schedules with:
– Cliff periods
– Linear vesting
– Performance-based triggers

Security Considerations

• Program audits
• Multi-signature requirements
• Time lock mechanisms

FAQ Section

Q: Can I use this process on Solana mainnet?

A: Yes, the same process applies to mainnet—just replace the devnet endpoint and ensure sufficient SOL for transactions.

Q: What’s the difference between a token account and a wallet?

A: A wallet holds SOL, while token accounts hold specific SPL tokens associated with a wallet address.

Q: How do I calculate Unix timestamps for vesting?

A: Use online converters or command line tools like date +%s in Linux/MacOS.

Q: Can multiple people release vested tokens?

A: Yes, any network participant can call the release function (while paying the gas fee).

Q: What happens if I lose my seed phrase?

A: The seed is only used to identify the vesting contract—your tokens remain secure in the program account.

Conclusion

This guide has demonstrated the complete process of creating and vesting tokens on Solana. By mastering these fundamentals, you can implement sophisticated token distribution strategies for your projects. The Solana ecosystem offers powerful tools for token management, with the flexibility to create custom vesting solutions tailored to your specific needs.

Remember to always test thoroughly on devnet before deploying to mainnet, and consider professional audits for production-grade implementations.

BitMEX Spot Exchange is now live, offering traders a seamless platform to buy, sell, and trade cryptocurrencies with a professional order book interface. Plus, users stand a chance to win a share of a $1 million prize pool.

👉 Start trading on BitMEX Spot today

Why Choose BitMEX Spot?

Designed with traders in mind, BitMEX Spot provides an intuitive trading experience with a selection of high-potential cryptocurrencies. Whether you’re interested in established assets like BTC (XBT) and ETH, rising stars like APE and AXS, or DeFi performers like UNI and SUSHI, BitMEX Spot has you covered—all paired with USDT (ERC-20).

For a limited time, users can purchase USDT with zero fees via Banxa, one of BitMEX’s fiat on-ramp partners.

This is just the beginning. BitMEX Spot will soon expand its offerings to include more cryptocurrencies, trading pairs (including the BMEX token), and a mobile app for on-the-go trading.

👉 Explore BitMEX Spot’s features now

Getting Started with BitMEX Spot

Since announcing our entry into the spot market, we’ve received numerous questions from the crypto community. Below, we address the most common queries:

Which Cryptocurrencies Can I Trade on BitMEX Spot?

BitMEX Spot supports seven trading pairs with instant settlement:
– XBT/USDT
– ETH/USDT
– APE/USDT
– UNI/USDT
– MATIC/USDT
– LINK/USDT
– AXS/USDT

Note: Before trading, deposit USDT (ERC-20) via one of BitMEX’s fiat on-ramp partners.

What Order Types Are Available?

Traders can choose between two order types:
1. Market Orders – Execute instantly at the best available price.
2. Limit Orders – Set a specific price for buying or selling, executed only when the market reaches your target.

How Are Trading Fees Calculated?

BitMEX Spot offers a competitive fee structure:
– Maker Fees (adding liquidity): Lower fees for orders that don’t execute immediately.
– Taker Fees (removing liquidity): Slightly higher fees for instant executions.

Discounts available:
– High-volume derivatives traders get up to 66.67% off taker fees.
– BMEX stakers enjoy up to 15% off taker fees.

👉 Calculate your fees here

Win Big with BitMEX Spot’s Million-Dollar Giveaway

Celebrate the launch by participating in our biggest giveaway yet—over $1 million in crypto and prizes.

How it works:
– Every $250 traded on BitMEX Spot earns 1 raffle entry.
– The more you trade, the higher your chances of winning.

Prize Breakdown

Tier	Prize	Winners
1	$500,000 in Bitcoin + AC Milan jersey	1
2	25,000 BMEX Tokens	7
3	10,000 BMEX Tokens	5
4	5,000 BMEX Tokens	5
5	$3,000 in Bitcoin	1
6	$2,000 in Bitcoin	1
7	500 BMEX Tokens	10
8	BlockClock + Coldcard	5
9	Ledger Nano X	10
10	The Fiat Standard book	10

Giveaway period: May 17 – July 17, 2022 (UTC).

Exclusive BMEX Rewards for New and Existing Users

Welcome Bonus (New Users)

• 10 BMEX for completing KYC.
• +10 BMEX for depositing $250+ in crypto.

Trading Rewards (First 10,000 Traders)

• 15–180 BMEX based on trading volume.

Referral Program

• Earn 25 BMEX per referral who trades $250+ within 90 days.

FAQs

1. Is BitMEX Spot available globally?

Yes, except in restricted jurisdictions. Check BitMEX’s terms for details.

2. How do I qualify for fee discounts?

Trade derivatives at high volumes or stake BMEX tokens.

3. Can I use leverage on BitMEX Spot?

No, BitMEX Spot is a spot-only exchange.

4. When will mobile trading be available?

The BitMEX mobile app is coming soon—stay tuned for updates.

5. How are raffle winners selected?

Winners are drawn randomly; more trades = more entries.

6. What’s the minimum deposit for trading?

No minimum, but some rewards require $250+ deposits.

Join the BitMEX Community

Share feedback via Trollbox or Discord. Follow us on Twitter and Telegram for updates.

👉 Start trading now and win big!
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In the commodities market, futures contracts and options are two prominent trading instruments. While both are derivatives, they function differently in terms of obligations, risks, and profit potential. Understanding their distinctions is crucial for investors aiming to leverage these tools effectively.

👉 Learn how to trade futures and options like a pro

Understanding Futures and Options

Futures Contracts

Futures are standardized agreements to buy or sell an underlying asset (e.g., commodities, stocks, or currencies) at a predetermined price on a specified future date. Key features:
– Binding obligation: Both buyer and seller must fulfill the contract.
– High liquidity: Ideal for day trading due to tight bid-ask spreads.
– No upfront premium: Requires margin deposits but no initial premium payment.

Options Contracts

Options grant the right (not obligation) to buy (call option) or sell (put option) an asset before expiration. Key traits:
– Limited risk: Losses are capped at the premium paid.
– Flexibility: Can be exercised anytime before expiry.
– Premium cost: Buyers pay a non-refundable premium for the right.

Key Differences Between Futures and Options

Parameter	Futures	Options
Obligation	Mandatory for both parties	Optional for the buyer
Risk	Unlimited (price fluctuations)	Limited to premium paid
Profit Potential	Unlimited gains/losses	Unlimited gains, limited losses
Execution	Only on contract date	Anytime before expiry
Cost	Margin required; no premium	Premium paid upfront

👉 Discover advanced trading strategies for derivatives

Liquidity and Trading Suitability

• Futures: Highly liquid, making them preferable for short-term traders.
• Options: Lower liquidity but offer strategic flexibility (e.g., hedging).

Capital Efficiency and Time Decay

• Futures values track the underlying asset directly.
• Options suffer from time decay (theta), eroding value as expiration nears—especially for out-of-the-money contracts.

FAQs

1. Which is riskier: futures or options?

Futures carry higher risk due to unlimited liability. Options limit risk to the premium paid.

2. Can I trade futures and options on the same platform?

Yes, most brokers offer both instruments on exchanges like NYSE or NSE.

3. How does leverage work in futures vs. options?

Futures use margin-based leverage, amplifying gains/losses. Options leverage depends on the premium and strike price.

4. What’s the best choice for beginners?

Options are safer for beginners due to capped risk, but require understanding premiums and expiration.

5. Do futures or options expire?

Both have expiry dates, but options can be exercised earlier (American style).

6. How are profits taxed for futures and options?

Taxation varies by jurisdiction; consult a financial advisor for specifics.

Conclusion

Futures and options serve distinct purposes:
– Futures suit traders seeking liquidity and direct exposure.
– Options appeal to those prioritizing risk management and flexibility.

Mastering their differences empowers investors to align strategies with market goals.