A crypto fair launch ensures all token launches are off-limits to pre-mined tokens at a cheaper price, reserved-coin distribution, or early access to the project. But is it sustainable? Learn more.

Crypto launches have generally lacked egalitarianism in terms of token distributions and sales to the public, primarily because 

 are usually tipped off about a crypto investment, the so-called "crypto pump" to boost the confidence of retail buy-in. The concept of crypto fair launch is seen as a remedy for these inequalities in token sales.

In a crypto fair launch, project owners introduce a new cryptocurrency without partaking in pre-mining, pre-sale, or allocation of tokens before making them available to the public. A fair launch means that every individual has an equal opportunity to obtain a new cryptocurrency at the same price, without any price discrepancies.

The idea of a fair launch is an important part of 

 (DeFi) and open-source projects that try to promote transparency, decentralization and democratization. It’s designed to eliminate the possibility of insider trading and manipulations by ensuring that the token's distribution is free from any hidden agenda.

Moreover, the aim is to create a level playing field for all investors, regardless of their financial status, geographical location or social status. No one gets early access. This approach helps to democratize access to new investment opportunities and discourages the concentration of wealth among a few wealthy individuals or institutions.

A fair launch requires a thorough evaluation process of a project's fundamentals, including its team, technology, market potential and structure. It also involves setting clear and transparent rules for token distribution and encouraging early adopters through reward programs or 

There are two steps involved in a crypto fair launch: pre-launch preparations, and the actual launch process.

: Whitelisting is the process of pre-approving investors who will be eligible to participate in a launch. At this stage, investors need to provide certain information, such as their email address, wallet address and other relevant information in order to be whitelisted. This process helps to prevent bots and scammers from participating in the fair launch and ensures that only legitimate investors take part.

: Know your customer (KYC) and anti–money laundering (AML) requirements are designed to prevent fraud and ensure that every individual in the fair launch is legitimate. Investors may be required to provide identification documents, such as a passport or driver's license, and other relevant information. KYC/AML is an important step in preventing illegal activities, such as money laundering and other criminal activities.

: The team behind the project will outline a clear and transparent token distribution plan that shows how the tokens will be distributed, how many will be minted and what percentage will go to various parties. This plan should be published before the launch date and should be accessible to all investors. The token distribution process should be fair, with all investors having an equal opportunity to purchase tokens at the same price.

: The first step of a crypto fair launch is the process of selling the initial batch of tokens to investors. As such, the goal of this private sale is to raise enough funds to support the development and promotion of the project. A fair launch requires that the tokens are sold at a fixed price to investors, without any preferential treatment given to any particular individual or group.

The project team may set a soft cap and a hard cap, which are the minimum and maximum amounts of funds the project aims to raise. If the soft cap isn’t reached, the funds are returned to investors, and the project may not proceed. If the hard cap is exceeded, the token sale may end early, and the additional funds may be used to support the project further.

: The next step is to list the tokens on exchanges. This provides liquidity for investors to buy and sell the tokens, which can increase the value of the tokens over time. The project team needs to apply to the exchanges and go through a due diligence process to ensure that the project meets each exchange's specific listing requirements. This may include providing information about the project's team, technology and more. Although listings on exchanges can increase the visibility and credibility of a crypto project, listing on a major exchange can be expensive.

: After the tokens are listed on exchanges, the team needs to provide ongoing support to its project. This includes updating technology, addressing any security vulnerabilities and responding to community feedback. The team may also need to push marketing and promotional efforts to increase awareness of their crypto project. Continuous promotion is important, because, without ongoing support, the project may stagnate or fail to gain traction in the market.

Early Crypto Fair Launches vs. Recent Developments in Crypto Fair Launches

The idea of a crypto fair launch isn’t new, and has been used in various forms for many years. In theory, the goal is to level the playing field for investors. In practice, however, a truly fair crypto launch is challenging.

In the early days of crypto, a fair launch used a simple smart contract that distributed tokens to participants based on their contribution to the project. These early fair launches were often conducted by small teams of developers, and were relatively low profile.

In January 2009, the individual/entity known as 

. There were no public sales, no KYC requirements and no exchanges. Bitcoin's fair launch was conducted by mining the first block of the Bitcoin blockchain, which generated 50 BTC. These were distributed to the early miners of the network.

Another example of an early fair launch was 

, which was launched in 2011. Namecoin was designed to be a decentralized domain name system (DNS) that allows users to register domain names using the Namecoin blockchain. The Namecoin fair launch was conducted by mining the first 200 blocks of the Namecoin blockchain, which generated 50 NMC per block. These were distributed to the early miners of the network.

Recent Developments in Crypto Fair Launch

In recent years, the popularity of the crypto fair launch has increased significantly, and there have been many developments as a result. One of the most notable of these has been the rise of decentralized launchpads and platforms that make the crypto fair launch process easier. These platforms allow projects to launch their tokens in a decentralized and transparent manner, which increases the trust and credibility of the project.

One example of a popular decentralized launchpad is 

, a decentralized exchange that allows users to trade tokens without the need for a centralized intermediary. Uniswap has also launched its own decentralized launchpad, which allows projects to launch their tokens in a fair and decentralized manner. Another example of a popular decentralized launchpad is 

, a decentralized exchange built on BNB Chain.

In addition to decentralized launchpads, there have also been changes in the way that a fair launch is carried out. For example, some projects are using innovative mechanisms, such as token bonding curves. This means the price of the token is determined by market demand, ensuring that its price is fair and reflects its true value.

Another development in the crypto fair launch space is the emergence of community-driven launch models, such as the 

 (ILO) model. ILOs let the community decide the price and liquidity of a token by providing liquidity to a decentralized exchange pool at the launch of the project. This ensures that the token is launched in a fair and transparent manner, while also providing liquidity to the market.

There are several features of a fair launch that set it apart from other launch models. These include:

: A fair launch should be open to anyone who wants to participate, without any restrictions or barriers to entry. This means that anyone with an internet connection and a cryptocurrency wallet should be able to participate in the launch.

: Token distribution should be transparent and publicly documented. The details of the token sale — including the number of tokens available, the price of the token and the distribution method — should be publicly available.

: The distribution of tokens should be fair and equitable, not favoring any particular individual or group.

: A fair launch should be driven by the community, rather than a centralized authority. The community should have a say in the distribution of tokens, and that decision should be carried out in a transparent and democratic way.

: A fair launch should be carried out in a decentralized manner, without the need for a centralized authority or intermediary. This reduces the risk of manipulation and fraud.

There are three major advantages of a fair launch crypto.

: Since a fair launch is carried out in a decentralized manner, the distribution of tokens is transparent and publicly documented. This transparency helps to prevent insider trading and market manipulation. It also increases trust and confidence in the project.

: A fair launch is designed to be open to anyone who wants to participate, without any restrictions or barriers to entry. This means that anyone with an internet connection and a cryptocurrency wallet can participate in the launch, regardless of their location or financial status.

: Since the launch process is transparent and publicly documented, it’s harder for “bad actors” to manipulate the market. Additionally, since a fair launch is community-driven, there tends to be more oversight.

While there are quite a few advantages to a crypto fair launch, there are some disadvantages to consider as well.

: While a fair launch is designed to prevent market manipulation and insider trading, there’s still a risk that bad actors could try to manipulate the market or engage in fraudulent activity. This risk is higher in the early stages of a project, when there may be less oversight and accountability.

: A fair launch can be difficult and time-consuming, particularly for projects that are just starting out. A fair launch requires technical expertise, as well as a deep understanding of the crypto industry.

Participating in a fair launch is relatively straightforward, and can be done in a few simple steps.

: Make sure the project aligns with your values and investment goals. Review the project's white paper, website, social media channels and any other available information to gain a thorough understanding of the project and its goals.

: Most fair launches require participants to have a certain amount of cryptocurrency in order to participate. Make sure that you have the required cryptocurrency in your wallet before the launch.

: Once the fair launch is announced, monitor the launch closely so that you're ready to participate when it takes place. It may occur on a specific date and time, and there may be specific steps you need to take in order to participate.

: When the fair launch takes place, follow the instructions provided by the project. This may involve sending cryptocurrency to a specific address or taking other actions.

: After participating in the crypto fair launch, make sure that your tokens are securely stored in a cryptocurrency wallet.

Overall Performance of Fair Launch Tokens

The performance of fair launch tokens in the crypto industry can vary widely, depending on a variety of factors including the technology, the team behind the project, the market demand for the token and the general health of the crypto market.

Overall, fair launch tokens have performed relatively well in the crypto industry. Many fair launch projects have experienced significant price increases in the weeks and months following their launch, as community members and early investors recognize the potential of the project and invest in the token.

Since a fair launch is community-driven and open to anyone, the project tends to have a strong base of supporters who are invested in its long-term success. This can help increase demand for the token.

That being said, fair launch tokens aren’t immune to market volatility or other risks in the crypto industry. The price of a fair launch token can be influenced by a variety of factors, including market demand, regulatory changes and other macroeconomic trends. 

Intermediate

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Explained: What Is a Fair Launch Crypto?

Will RabbitHole be the solution to the mass adoption of DApps by the public? Let's find out how these gamification tasks for DApps education works. 

Crypto education is essential for the growth of cryptocurrency and decentralized finance (

.) With new technology populating the ecosystem, it's essential for users to keep up and thrive. RabbitHole crypto strives to elevate users' crypto and blockchain knowledge of 

In this article, we'll walk you through the importance of web3 and how it revolutionizes the crypto industry, and we’ll explore the efforts 

 contributes to bridging the educational gap. 

Web3 represents a significant shift in how we think about and interact with the internet, and its potential to transform various industries is driving its popularity.

Why Is Crypto Education Important in Web3?

Crypto is one of the fastest-growing industries, with new projects, protocols, smart contracts and applications being launched on a daily basis. The evolution of Web 2.0 to web3 is giving users the power to control their data and digital identity, which essentially provides greater privacy and security. However, one key question to ask is whether they’re being utilized. 

Creating DApps or protocols that fit in web3 is labor intensive, as it requires a lot of research and development. But educating users on its utilization is an entirely new ball game. Users need to understand not only how to control their data circulation, but how to govern it to make crypto networks more decentralized. This is precisely where crypto education comes in handy — to replace the monopolization of the current financial system by uplifting the adoption of decentralized applications. 

RabbitHole is a crypto platform that rewards users for learning and interacting with a blockchain protocol. The goal is to onboard more people to web3 and utilize DApps through fun and interactive gamification. Its vision is to fast-track the growth in the adoption of DApps in the most sustainable way, in order to deter centralized financial domination. 

RabbitHole integrates a unique learning experience through expert content curation to guide users in understanding the functionality of a new network. Project participants can acquire 

, based on their learning progress, in exchange for crypto rewards. 

What Is the Learning Landscape on RabbitHole?

As you use this platform you build an on-chain résumé. Additional earning opportunities open up as you progress. For example, crypto networks on RabbitHole reward users with unique tokens whenever they interact with their 

. As you progress, you'll move up on the leaderboard and accumulate XP in return for rewards. 

The learning landscape on RabbitHole is straightforward without neglecting the fun factor. A network project is typically introduced using game-like elements and a video introduction that ease the onboarding journey. Participants must answer questions, perform tasks, interact with the smart contract and identify a bug in order to prove they comprehend the concept to be rewarded. 

Some examples of quests that can earn you rewards:

Looking ahead, RabbitHole strives to function like a gig economy but one that's more rewarding than the Web 2.0 version. Users will earn more over time, and will be able to accept better jobs through their on-chain résumé.

 has introduced new features, improved upon existing processes and upgraded the user interface. A common complaint users had regarding V1 was that it took too long to receive their quest rewards. It's now faster to claim rewards through the new Quest Receipts feature. After you complete a task, you can mint a receipt, which you can redeem for the designated reward or sell on a secondary marketplace like OpenSea.

"Skills" were removed to make the app more accessible to everyone. It's now easier for people who are new to the platform to begin completing quests.

The team has also been working hard on its transition to an on-chain infrastructure. This will increase transparency because everyone can see the status of quests on the blockchain.

1. Unique Gamified Tasks to Onboard Users on Crypto Education

You practice what you learn through gamified tasks, referred to as quests. Upon completing each quest, you can mint a receipt. Minting a receipt is unique because you can sell the reward instead of redeeming it. Of course, you can decide if you'd rather redeem the reward or sell it, making it more relevant for users.

2. Enticing Incentives to Bootstrap New Networks

You can discover new networks as you complete quests. From the creator's perspective, the platform effectively spreads the word about its application or network. It's a win-win situation for participants looking for extra income, and for developers building web3 DApps.

The RabbitHole platform aims to offer quests to users most interested in them. One of its goals is to make airdrops land in the hands of owners, who are more likely to find them relevant to their interests. App owners on the platform create “allow lists” based on what they're looking for in token holders. As users transact, they unlock more relevant quests, based on what they're doing on the blockchain.

How to Earn Rewards Using DApps via RabbitHole

You must connect to the RabbitHole platform with your crypto wallet to access quests and earn rewards upon completion. Wallets that work with the platform include MetaMask, Coinbase Wallet and WalletConnect.

The interface is straightforward to use. At the top, you can toggle between active, completed and expired quests. On the left, you'll see categories for your quests, rewards and settings.

: There is no cap to the number of quests in which you can participate daily, but users can't repeat the same quests for double XP. 

XP rewards are most relevant to V1. However, XP is obsolete in V2, in which users will instead be rewarded for completing a quest. The reward is usually in the form of cryptocurrency coins or tokens. For instance, if you complete a quest to participate in a USDC draw pool on the Optimism network, your reward may be 0.07 OP (OP is Optimism's native token, valued at $2.45 on Mar 21, 2023.) 

RabbitHole is still a relatively new project, which explains why its website lacks information. Even though there are tutorials and educational content posts on their Mirror account, it’s relatively difficult to navigate through their 

 for more information about the project and its future projections. 

RabbitHole needs to provide more information about how the platform works on their website. It may be more challenging for people new to cryptocurrency to get started. Those already into crypto may need further clarification about the finer details, such as how much compensation they can receive for completing quests.

RabbitHole users have complained about high 

 in the past. Each network charges its own gas fees. Periods of high activity on the network increase the fees. 

RabbitHole offers an opportunity to begin collecting different types of crypto while learning about cryptocurrency and web3. You can discover new networks and web3 projects through the app as well. The team has a big vision, and it could pay off to get in early.

Beginner

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RabbitHole Crypto: Gateway to DApps With Gamified Tasks

Solar (SXP) coin has immense potential to solve the blockchain trilemma. But is it sustainable? Explore to find out now. 

Swipe was used as a payment system around the world by individuals and entities. In fact, Binance was among the few platforms that relied on Swipe to process payments. After Binance acquired Swipe in July 2020, 

 the Solar blockchain. This energy-efficient blockchain is driven by its own community, and it may one day be as widely used as the Ethereum and Solana blockchain networks.

Solar is more than a blockchain network: it’s a peer-to-peer, decentralized payment network system that uses SXP coins. In addition, Solar functions as a Layer 1, open-source blockchain with DAO governance and a 

 that allows fungible and non-fungible tokens and 

 (DApps) to be created with considerable efficiency. This aspect of its functionality is easy enough for even beginners to take advantage of. While many aspects of Solar are already in full use, Solar’s developers continue to work hard at elevating the network’s functionality and usability. For example, the 

Users who produce blocks on the Solar network are called Delegates. These Delegates use SXP and a voting system to secure the network. A voting process is used to select the 53 Delegates, and voting takes place in users’ Solar wallets. The selected Delegates maintain and secure the network, and are paid through transaction fees and block rewards. The specific amounts of the fees and rewards are based on each Delegate’s ranking. In addition, every Delegate is a node, and can submit one block in eight seconds. While this is somewhat slower than Solana’s block submission time, it’s notably faster than that of Ethereum and Bitcoin.

While blockchain users have several top choices like Ethereum, Polygon and more, the more established networks have a few downsides that limit users’ access and functionality. For example, creating and launching tokens and applications have thus far been complicated processes that require a high level of experience and knowledge. These processes are also associated with high fees, which put them out of reach for some users. The Solar crypto network has been specifically developed so that even relatively inexperienced developers can create and launch their tokens and applications without paying exorbitant transaction fees.

The Solar blockchain functions using its native coin, SXP. This is the blockchain’s exclusive governance and utility token. Users who hold SXP in their Solar wallets have voting power to select new Delegates and to pass new governance proposals. In addition, all transaction fees for activities on the Solar blockchain are paid using SXP.

 is rooted in concepts like decentralization and security. When Solar’s developers started working on this blockchain, they embraced these original concepts as they created its many features. 

What are Solar’s established features, and what’s currently in development?

One of the functionalities of the Solar wallet is to store SXP coins. In addition, users can create their new tokens or applications directly in the wallet through a simplified process. As an alternative to developing tokens and applications in the wallet, users can create using a 

. The Solar wallet is also where users can place their votes for new Delegates. Wallets are accessible via mobile and desktop applications.

Solar developers have plans to launch the Solar Metaverse, which can dramatically enhance the user experience and minting functionality. However, because the Solar Metaverse is still in development, only some of its specific features and benefits are currently known in detail. In the Solar Metaverse, transaction fees will be paid in SXP coins. A related marketplace will also be available for selling NFT collectibles.

The Solar Launchpad is currently still in development. Those who wish to launch their applications and tokens on Solar will easily be able to do so through this feature. There will be a fee for using Launchpad, estimated to range between 10 and 1,000 SXP. Users will be able to take advantage of optional auditing and 

This innovative protocol supports the fast and simplified development of Solar-based non-fungible tokens and ERC-20 tokens. Users are responsible for paying creation transaction fees with SXP.

The Solar ecosystem is heavily based on the Solar Core. The 

 blockchain. Like the ARK blockchain, it is modular, decentralized, fast and sustainable. However, the Solar Core differs from ARK in that it exclusively provides enhanced user privacy through 

The max supply of SXP tokens is not identified yet for both the BEP-20 and ERC-20 tokens.  Roughly 50 million SXP are held in the founder’s wallet, and the treasury’s smart contracts hold another 40.8 million SXP. The circulating supply of SXP is 556.94 million as of Mar 20. The current SXP coin price as of Mar 20, 2023, is $0.29. Over the last 24 hours, the spot volume was $7.11 million. 

The Solar blockchain has specifically been developed to make the creation and launch of NFTs, fungible tokens and applications far more accessible than what other major blockchains offer. Established blockchains may be prohibitive for some users because of their expensive fees and need for expert-level development knowledge. Solar stands out from these other options by providing several important benefits.

The benefits of creating NFTs and applications are tremendous, but creators generally need to have extensive knowledge to do so on most blockchains. Moreover, the creation process can be tedious and time-consuming. Creation on Solar can be completed in the user’s Solar wallet, or with SDK. The creation process has been dramatically simplified, compared to that of other blockchains, which gives accessibility to all creators regardless of their experience level.

Creating decentralized tokens and applications can be cost-prohibitive on some blockchains, but this isn’t the case with Solar. As mentioned, NFTs — as well as fungible tokens — are created in a user’s Solar wallet, or via an SDK. Solar has established low fees for launching tokens through its network. A user may only spend five SXP coins to create and launch a new token, which optimizes accessibility for a much larger audience.

Solar has been designed with a deflationary coin that uses a burning mechanism. All of the fees paid by developers to launch their new tokens are burned. Because of this, the Solar SXP coin supply decreases as more tokens and applications launch. In addition, all transaction fees related to Solar’s incipient Metaverse and Launchpad will be burned.

While Solar is specifically designed to overcome some of the problems currently existing on top blockchains, it’s not perfect. After getting more familiar with the standout differences between Solar and other leading blockchains, you’ll notice that it falls behind in some areas.

Working as nodes, Solar’s Delegates can each submit a single block for each round. As mentioned, the submission time for this process is eight seconds. This is superior to the transaction time on popular blockchains such as Ethereum and Bitcoin, but Solar doesn’t have the fastest submission time. Solana continues to maintain its top status in this area.

Solar officially launched in Mar 2022 with some of its primary features online. These include the Solar wallet, the Solar Core infrastructure and the Solar Side Ledger Protocol (SLP). However, several of the features that will enhance the usability and functionality of the platform are still in development. These include the NFT marketplace, Metaverse and Launchpad. Once these features are brought online, Solar may be better positioned to fully compete against other popular blockchains.

Solar SXP tokens are limited in supply thanks to the network’s burning mechanism. SXP that are paid in transaction fees for creating and launching digital assets are burned in full. As Solar is used more heavily, more coins will be burned. Because new coins aren’t being created, the deflationary pressure on SXP will likely result in a higher coin price.

SXP can be purchased through several exchanges, and it can also be earned by Delegates through their various activities. In addition, Delegates are able to distribute their tokens to users’ wallets, for example to encourage continued use of the blockchain. In these ways, both users and Delegates have access to more SXP without needing to purchase. There may also be financial benefits associated with using SXP to create applications and tokens. 

As the native token of Solar, SXP is the only way to pay transaction fees and access all of Solar’s features and functions. While you may receive SXP rewards as a Delegate, or if a Delegate disburses their rewards, buying SXP is essential for the initial use of the blockchain. 

Whether you’re just getting started with Solar or you want to increase your supply of SXP, you can conveniently purchase the Solar crypto coin, SXP, on exchanges like Bybit. As one of the leading exchanges, Bybit supports numerous trading pairs, with fast transaction processing and competitive fees. 

 and connect your wallet. After your wallet is connected, you can start using Bybit to make your desired purchases.

As a decentralized network that supports peer-to-peer payment processing, Solar offers community governance, greater accessibility than many alternatives and exciting features planned for the near future. While some aspects of Solar are still pending, its current features make it faster, easier and more affordable, even for inexperienced users, to create and launch digital assets. Solar is powered by SXP, so you’ll need to purchase SXP tokens on an exchange before making and launching applications on Solar. By taking advantage of the low price of SXP coins today, you can easily start putting Solar’s great features to work.

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What Is Solar (SXP): An Accessible, DPoS-Powered Blockchain

Bitcoin prices are priced notoriously different from one exchange to another. But why are they different? Here's everything you need to know. 

Global Bitcoin price differences exist across exchanges because there is no standard pricing protocol for digital assets. Different transaction fees that crypto exchanges charge investors, fluctuations in trading volumes, and different depths of liquidity affect the various exchange prices.

Have you ever been browsing crypto exchanges and noticed that different exchanges list their Bitcoin at different prices? It can definitely be a little odd to realize that the same token varies in price from 1–5% on certain exchanges. However, once you understand how crypto exchanges work, the reason for this difference becomes apparent. Explore this guide to learn more about crypto price differences between exchanges — and to see how you can use the arbitrage trading strategy to profit from these differences.

Why Does a Single Digital Asset Trade at Different Prices?

Let’s take Bitcoin as an example. Its prices vary entirely based on the market. A token is worth as much as users are currently willing to pay for it. As you might guess, there are varying prices at which investors and traders are willing to buy. But how do exchanges find a definitive price for their tokens? When you look at the price of BTC on an exchange, you're simply seeing an average estimate of what everyone currently buying BTC is willing to pay. 

However, there are a lot of different ways for exchanges to formulate an average estimate pricing on different assets. Some exchanges use different data sets, and others may prioritize different details when making their calculations. Even small differences can mean that 1 BTC that costs $25,350 on Coinbase might be $25,340 on Bybit.

How to Spot Different Bitcoin Prices on Different Exchanges

If you usually stick to one exchange, you might not notice the discrepancy right away. At a glance, Bitcoin prices can look quite similar. Especially when prices are constantly fluctuating, it may seem normal to see a slightly different price when you open a different exchange. However, these small discrepancies can indicate that one exchange consistently charges more for Bitcoin. To actually spot different prices, you'll need to simultaneously look at multiple exchanges.

Fortunately, modern technology makes this easy. There are a lot of sites, like Cryptoradar that provide a side-by-side comparison of Bitcoin prices on different exchanges. By doing a little research, you can quickly find the exchanges with the best Bitcoin prices. It's definitely worthwhile to take the time to do so, especially when making large orders — because you can save from the price difference or profit from arbitrage trading.

Why Do So Many Exchanges List Different Prices?

Why are Bitcoin prices different on different exchanges? There are a variety of factors that go into calculating Bitcoin prices, so there are several reasons you’ll see different prices on different exchanges.

Ultimately, the main reason for crypto price differences between exchanges is the lack of standard pricing. 

 is carefully regulated and backed by The Federal Reserve. Meanwhile, cryptocurrency is decentralized. Its value is based solely on what the market determines. 

In the case of Bitcoin, the same coin that was once worth pennies came to be valued at tens of thousands of dollars. Therefore, there is no set guideline that all exchanges can use when they make their prices. This lack of guidelines also means that, technically, no exchange has to follow the rest of their competitors. If their calculations lead them to believe a 

 is worth a different amount, they don't have to sell it at the same rate as other exchanges. Some may offer higher or lower prices, as it’s all based on market logic and sentiment.

Another big factor in price differences is the trading platforms' liquidity. If a crypto exchange is smaller, it usually doesn't have as many assets on hand to sell or convert to cash. This lack of liquidity affects pricing because every time a sale is made on an exchange, it can influence other traders to buy or sell their crypto. The more liquid an exchange is, the less likely it is to have sudden price fluctuations.

The concept of supply and demand is one of the biggest factors in determining crypto prices. However, most crypto exchanges don't just look at the market as a whole. Instead, they also consider what's happening on their specific exchange. If one crypto exchange's users are demanding more Bitcoin than some others’, prices can be higher on that exchange. This effect is often more visible on large crypto exchanges. Since many users rush to popular exchanges during a period of high demand, prices on these exchanges might be a little higher than prices on smaller exchanges with less user interest.

Don't forget that crypto marketplaces are all individual businesses, with their own unique goals and strategies. In order for them to profit from facilitating users’ transactions, trading on exchanges incurs transaction fees for these services. Typically, crypto exchange fees can range from around 0.02% to 3.0%, which has an impact on the total cost that you pay for the cryptocurrency. 

Some exchanges also pass on transaction costs — such as gas fees — to their clients, so prices might fluctuate even more. During times of high demand, gas fees can increase, so exchanges that bundle this cost into their transactions will be significantly pricier than exchanges with a simpler fee structure.

When you look at crypto exchange prices, remember that not all trading pairs include USD. Even though prices are often shown in fiat currency, crypto trades usually transpire using two different currencies. For example, one user might buy Bitcoin with ETH, while another buys it with a 

. These different trading sets are called pairings, and they end up impacting the overall value of a Bitcoin. 

For example, Ethereum values often follow Bitcoin values, so if Bitcoin prices spike, ETH prices tend to follow. This leads to more volatility when trading with certain pairings. Meanwhile, prices are more stabilized if you work with more stable pairings, like USDT or USDC. Market volatility leads to different prices on different exchanges. The types of pairings an exchange offers will significantly impact its overall price for Bitcoin.

Since digital assets vary slightly in price, finding crypto markets with lower crypto prices is a great way to save money on your trades. However, that's not the only reason you need to pay attention to Bitcoin prices on different exchanges. Since different crypto exchanges have different prices for Bitcoin, it’s uncommon for investors to employ arbitrage strategies for profit.

 is a trading strategy where traders simultaneously buy or sell Bitcoin in different markets to profit from the value difference. Not only can you make money as an arbitrageur, but this method also encourages crypto markets to resolve their differences and settle at more comparable prices. Here are 

This is the most popular type of arbitrage trading because it's the simplest. You start by finding a crypto exchange that has Bitcoin for sale at a particularly low price. After you purchase tokens on that exchange, you then take them and sell them on another exchange that has Bitcoin listed at a higher price. Once you sell the tokens, you're left with some extra funds you can pocket. For example, if you buy 10 bitcoins at $20,000 each on one exchange, and sell them on another exchange that lists Bitcoin at $20,050, you end up making a $50 profit (before fees) from your trade.

Keep in mind that this type of arbitrage comes with some risks. You need to buy and sell large sums of crypto for the strategy to result in noticeable profit. In addition, trades are time sensitive, so if you delay too long in selling your crypto, prices can change and reduce your profit. Finally, other traders are also participating in cross-exchange arbitrage so that the markets can converge and Bitcoin might end up being worth roughly the same amount on both exchanges.

Triangular arbitrage is somewhat more complex. It involves performing several trades on the same crypto exchange or across multiple platforms. Instead of simply taking advantage of different prices for Bitcoin on different exchanges, triangular arbitrage also looks at pricing inconsistencies between crypto pairs. You start by buying a crypto that's undervalued on one platform. Next, you use this crypto to buy an overvalued crypto. Then, you sell the overvalued crypto to buy back the initially undervalued crypto.

Instead of just providing you with a net profit, triangular arbitrage lets you do things like convert a small amount of Bitcoin into a larger amount of Bitcoin. It can be performed alongside cross-exchange arbitrage to create unique trading opportunities. However, triangular arbitrage involves multiple trades, so there are even greater risks of poor timing and slippage cutting into your profit. You also need to make sure you’re carefully calculating all your fees before you start, because multiple transaction fees can reduce your chance of a profit.

The price of a Bitcoin or crypto generally depends on macroeconomic and microeconomic influences. Crypto exchanges may have different supply and demand levels, liquidity, and transaction fees that may affect the overall asset’s price. Of course, these differences open up arbitrage opportunities for an avid trader who knows how to capitalize on them.

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Why Bitcoin Prices Differ Across Exchanges & How to Profit via Arbitrage

Choosing a Crypto Card that suits your lifestyle can be daunting. Here are some top tips to help you spend & earn more with the best crypto card.  

 have taken the world by storm, and many people are now looking for ways to use them in their everyday lives. One of the ways to do this is through the use of crypto debit cards. These cards allow you to spend your cryptocurrencies just as with traditional debit cards, but with additional benefits such as lower fees and rewards programs. However, finding a crypto debit card that suits your needs can take time and effort. In this guide, we'll go over some tips to help you pick a feature-rich crypto debit card.

Crypto debit cards are essentially payment cards that allow you to make purchases directly using your digital currencies without converting them to fiat currency. Similar to traditional debit cards, crypto debit cards like the Bybit Card allow you to withdraw cash at ATMs, or use them for both online and offline transactions. The only difference is that these cards link to a 

Typically, card issuers partner with payment networks and providers such as Mastercard, Visa and Swipe to offer crypto debit cards to users. 

Crypto holders sometimes experience frustration when withdrawing crypto (off-ramping) or converting it to fiat. Using a crypto debit card means you can skip the hassle or complicated off-ramp process when paying merchants who don't directly accept crypto. The cards automatically convert your crypto to dollars or fiat currency, enabling seamless off-ramping.

In addition, they provide a convenient way to use your digital currencies for everyday transactions. You can pay for your shopping online or in-store, straight from your regular crypto wallet. 

Finally, crypto debit cards offer rewards and cashback programs that incentivize you to use your crypto cards for purchases – a nice perk if you use them frequently. The percentage of cashback can vary, and some providers may also offer additional rewards or bonuses for using their cards, such as waived transaction fees and discounts on specific services. For example, the Bybit Card's loyalty rewards program includes rewards from partners, including unique offers and access to exclusive experiences.

If this is your first time using a crypto debit card, you may not be aware of the features it offers. Consider the following factors when choosing a crypto debit card for your wallet.

Before choosing a crypto debit card, check to see if it supports your cryptocurrencies. Although there's no cap on the number of cryptocurrencies a crypto debit card can support, crypto debit card issuers may only endorse a certain number of selected coins. Some cards support a limited number of digital currencies, while others support a more comprehensive range of cryptos. Also, consider the cryptocurrencies you might add to your portfolio later on so that the card you finally select will remain useful.

Crypto debit cards come with transaction fees and conversion charges. These fees can vary significantly between cards, so comparing the costs is essential before choosing a card. For example, some providers may waive certain fees, particularly for users who meet a specific monthly or annual transaction volume threshold. Look for a card that offers lower fees in order to save costs and maximize the value of your digital currencies.

Regulations for cryptocurrencies and crypto cards vary by country. Before choosing a card, check to see if it complies with all relevant regulations in your country. Choose a card that operates in your country and fully complies with all applicable laws and regulations to avoid legal issues. For instance, Binance Visa Cards will not work in the 

 and the U.S. The Bybit Card, meanwhile, will be available for users residing in European countries, and there are plans to expand its services to users beyond Europe who are within regulatory compliance. 

Compare and research different cards to find one that meets your needs, and is widely accepted by merchants in your area. You can find the list of supported merchants on the card issuer's website. Also, check to see if the card is accepted by major payment platforms such as Visa or Mastercard, since more merchants will accept the card. 

If the card isn’t widely accepted, it may not be useful for everyday transactions. Crypto debit cards may only be accepted in certain countries or regions, so be sure to check the issuer's website for a list of supported countries to ensure you can use it while traveling.

The reputation and reliability of the card issuer are critical factors to consider. Look for cards that are issued by reputable issuers to avoid fraud and security risks. Choose a card issuer with a solid track record of providing reliable and secure services to ensure your digital currencies are safe. For example, Bybit has deep liquidity, a good track record of proof-of-reserves, and a dedicated support team to answer all queries. 

When researching card issuers, look for reviews and feedback from users and industry experts. Ideally, crypto debit cards use security features such as two-factor authentication and biometric IDs, and are licensed and regulated by a reputable financial authority. Lastly, the card issuer should have reliable and efficient customer support you can contact in case of any issues or concerns.

Many crypto debit cards offer rewards and cashback programs. Compare cards and choose one that provides rewards for the transactions you make the most, and at the best rates available. Check to see if the rewards program has restrictions, such as a minimum transaction amount or a maximum cashback limit. 

Also, consider the types of rewards offered. Are they in the form of digital currencies, fiat currencies, or other perks? If you’re interested in even more passive rewards, check out cards that have a referral program. Card issuers may reward you for recommending their card products to friends and families. For instance, Bybit Card offers enticing programs for successful referrals. The more people you refer, the bigger the rewards you can get.

While crypto debit cards offer several advantages, they also have some limitations.

Do I Need a Good Credit Score to Apply for a Crypto Card?

One of the advantages of using a crypto debit card is that you don't need a good credit score to apply for it Unlike traditional credit cards that require a credit check, crypto debit cards don't require credit history verification. Crypto debit cards are similar to conventional debit cards that draw funds from your existing assets, invalidating the need for credit verification. Whether you have poor credit or no credit history, you can apply for and get a crypto debit card.

However, some crypto debit card providers may require a certain amount of digital currency in your account or wallet before issuing you a card. 

While the IRS hasn’t provided any guidelines on how to treat crypto card rewards, the earned reward might be treated similarly to fiat rewards, which are considered tax-free rebates on spending. However, the value of crypto card rewards can fluctuate, and redeeming crypto rewards earned from debit cards can be viewed as a taxable event. This means that if you sell or trade the rewards, use them to purchase goods or services, or exchange them for other cryptocurrencies, you may be subject to capital gains taxes. 

Capital gains tax would apply to any profits (capital gain) made when you dispose of your crypto, which depends on the changes in the value of your cryptocurrency rewards since you earned them. You may have to consult a tax professional or accountant to properly determine how to report and pay taxes on your crypto card rewards.

Crypto debit cards offer a convenient and accessible way to use digital currencies for everyday transactions. When choosing a crypto debit card, consider the supported cryptocurrencies, transaction and conversion fees, regulatory compliance, merchant adoption, card issuer, and rewards and cashback programs. Also, be aware of the limitations of crypto debit cards and the tax implications of rewards and cashback programs.

With the right crypto debit card, you can enjoy the benefits of using digital currencies while avoiding the costs and limitations of traditional banking systems. By following these tips, you can choose a crypto debit card that suits your needs and helps you make the most of your digital currencies.

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6 Best Tips to Choose a Crypto Card That Suits You

What are the key differences between crypto credit cards and crypto debit cards? Find out in detail in this article. 

As you approach your available crypto credit and debit card options, it’s important to know the crucial differences between the two financial products. Each type of card will help modern traders like you live flexibly, but they are not identical tools. A rich understanding of crypto cards will help you decide whether to add any of today’s 

Crypto credit cards are a stellar type of financial tool that turns the idea of traditional credit cards on its ear. Most importantly, crypto credit cards give rewards in cryptocurrency.

Suppose you like to earn rewards from credit cards. If you are comfortable with doing that in a sound manner — one that does not put dents in your ability to enjoy a nice credit line — you may find crypto credit cards quite appealing.

Crypto credit cards have grown in popularity as everyday consumers look for ways to get into cryptocurrency.

Crucially, crypto credit cards are quite different from typical credit cards. They let you pay using your credit line in fiat currency and earn rewards in popular cryptocurrencies.

Naturally, like all classes of financial products, some crypto credit cards are better than others. You can find some that, alongside your crypto rewards, also give you cash back and other credit card rewards that you would find with traditional credit cards.

Of course, when you choose crypto credit cards issued on the Visa or Mastercard payment processing network, you receive the many features, benefits and protections that come with those brands.

This space will continue to grow as cryptocurrencies evolve, and it will be interesting to see the level of value credit companies offer traders in the coming years.

If you’re still on the fence about whether to get a crypto credit card, you might want to take a look at all the good reasons to bring one or two into your life.

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