Imaginary Ones is a web3 ecosystem known for its cute and family-friendly NFTs. Learn more about how it works in this article.

 available in the digital landscape, it can be difficult for projects to stand out. 

 hopes to rise above the competition by offering users additional features, such as casual gaming and digital entertainment. Is this system a complete game-changer for NFT digital assets? 

This guide will give you all the details about the Imaginary Ones world so you can see for yourself whether it's just art — or a fascinating new investment opportunity.

 ecosystem known for its cute and family-friendly NFTs. However, it's not just art and digital collectibles. The Imaginary World ecosystem also includes complex lore, entertaining games and exciting community events.

Imaginary Ones’ startup has a unique backstory behind its NFT digital assets. Its incredible journey started when it was launched in 2022 by animation artist Clement Chia and business director David Lee. Their focus on art and digital entertainment proved to be popular: in 2022, Imaginary Ones made the news with its 

 and partnerships with major designer brands such as Hugo Boss. Since then, Imaginary Ones has pivoted to offer users a variety of other features. Their system is now focusing on providing a broad range of Web 2.0 and web3 services. 

Imaginary Ones aims to provide a comprehensive web3 platform built around a cohesive set of lore. The Imaginary Ones team’s realization that many NFT projects have an initial burst of popularity (and then fail to maintain value once investors get bored) has shown them that in order to stay relevant, they need to offer their users more than just digital collectibles. To achieve this goal, Imaginary Ones has set out to create a gaming ecosystem and digital entertainment platform. They hope that their cute and friendly characters will provide users with immersive experiences that keep them coming back to the Imaginary Ones system.

Imaginary Ones is built on the Ethereum blockchain. Each Imaginary Ones NFT character is a blockchain-based token that ensures its owner has true ownership over the token. The ecosystem also uses blockchain technology to store data about its virtual worlds, provide a secure gaming experience and create tokens with which users can purchase items. 

The Imaginary Ones ecosystem also employs traditional Web 2.0 technology, with a software framework that runs the mobile gaming options and creates an easy-to-use interface for people to interact with the Imaginary World.

Imaginary Ones takes users on an incredible journey through a variety of entertaining systems. Here are the main features it offers.

Imaginary World is a dynamic, open-world setting for a variety of stories. Characters among the 8,888 personas in the Imaginary Ones NFT collection take part in lore, events and games, and the Imaginary World metaverse offers merchandise and intriguing content to explore. 

 is Imaginary World’s second NFT collection. Each NFT is a carefully curated, car-based piece of art that creates a unique digitally animated vehicle.

 is a set of 12 unlockable NFTs. Players participate in Imaginary Quests as part of the storyline, and over time they get to mint Imaginary Artifacts. These special NFTs unlock additional story levels, and provide additional experiences for players to enjoy.

 is thoughtfully designed to be part of the Imaginary Ones ecosystem. In addition to having sole ownership of an exclusive digital canvas, CMTTAT Foundation Piece owners also get special perks within the Imaginary World.

Any owner of an Imaginary Ones NFT can choose to 

 it in the Imaginary Ones world. Staking moves the NFT from your wallet to the website. You then get to participate in reward-sharing schemes and earn profits from your NFT.

 is an exciting program that encourages users to collect multiple NFTs. The site prompts users to obtain an NFT from each category, Having a squad assembled allows users to earn Rainbow Bubbles points that eventually turn into IO tokens.

 hold unknown prizes for users. Crates are distributed as part of the staking program, with users potentially receiving tokens, game assets and NFTs from them.

Imaginary Ones provides a complete gaming landscape for people to explore the Imaginary Ones universe. 

 is a mobile endless runner game. In addition to mobile games like 

, Imaginary Ones also features the Imaginary Carnival, which contains a whole host of interactive mini-games. These immersive experiences allow users to collect Bubble points and earn further exciting rewards.

As part of its upcoming token generation event, Imaginary Ones is scheduling an 

. BUBBLE tokens will be distributed to participating customers to reward them for their input in the Imaginary Ones ecosystem. In order to become eligible for the airdrop, you can refer friends, hold certain NFTs and mention Imaginary Ones on social media, all of which can help you earn points. 

Many of the Imaginary Ones Bubble Points rewards from the system's gaming experience options will also be converted to BUBBLE tokens. To start earning points for the airdrop, all users need to do is visit 

In just a few years, Imaginary Ones has built a complete blockchain ecosystem and attracted considerable attention from investors and crypto enthusiasts. The coming year (2024) is a game-changer for the ecosystem, since it’s mostly going to focus on the launch of the BUBBLE token. Imaginary Ones will be marketing this event with airdrops and incorporating it into their system. Toward the end of 2024, Imaginary Ones will further expand its gaming landscape by completing the public launch of the Imaginary Carnival gaming ecosystem and 

 token that will fuel the Imaginary World ecosystem of digital collectibles and casual gaming. This coin’s total supply is 

, but almost none of these have been minted and released yet. Once Imaginary Ones does release more BUBBLE, they plan on distributing the tokens as follows:

Looking to trade Imaginary Ones tokens? Bybit now offers the BUBBLE/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

 where you can earn a share of the 260,000 USDT prize pool.

, in which the first 8,000 new users who complete the following two steps between May 13, 2024, 10AM UTC and May 27, 2024, 9AM UTC will receive 20 USDT each:

, is being held from May 14, 2024, 10AM UTC through May 27, 2024, 9AM UTC. Simply trade at least 1,000 USDT worth of BUBBLE on Spot during the event period to grab a share of the 70,000 USDT prize pool.

Please note that your ranking will be determined by your trading volume. If you rank higher, you’ll receive more rewards in return. Rewards will be capped at 1,000 USDT per user.

, will be held from May 15, 2024, 10AM UTC through May 22, 2024, 9AM UTC. Join the lucky draw to win USDT airdrops. New users and referees can win from the 30,000 USDT prize pool.

Although BUBBLE might be a new and unproven token, it's worth exploring. In the past, the IImaginary Ones universe of digital experiences has done a great job of attracting buyers. Their NFT collection has performed well, and they draw a lot of 

 to their metaverse. This is likely to translate to some impressive price increases for the BUBBLE token. 

However, crypto investments always have some risks, especially when a new token without a history of stable pricing is involved. Investors need to 

 BUBBLE before buying it, and it's wise to avoid putting more money than you can afford to lose into any single crypto.

Imaginary Ones has managed to take a simple NFT concept and turn it into complex virtual worlds, mobile gaming systems and exciting digital experiences. By using a cute and cohesive concept to explore blockchain technology’s various facets, the project has captured a lot of fans. With the release of its very own cryptocurrency, Imaginary Worlds hopes to take its system to the next level.

Intermediate

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Imaginary Ones (BUBBLE): Making Web3 Fun and Accessible

Symbiotic, a new competitor in the decentralized finance (DeFi) space, is being secretly funded by the co-founders of Lido and the venture capital firm Paradigm.

Daily Top Performer — Sei Network (SEI)

The SPX index is up 1.17%, the market's optimism has been supported by a robust earnings season. Investors are now awaiting new economic data including weekly jobless claims and the Philadelphia Fed manufacturing index, along with earnings reports from Walmart, Under Armour, and Baidu. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 7.37% and 4.52%, respectively in the past 24 hours.

Today’s outperformer is SEI, which jumped 14.2% after Sei V2 Launch Phased Rollout Strategy for a Scalable Blockchain Upgrade to Parallelize the EVM.

Sei Network (SEI), launched on August 16, 2023, is a Layer 1 blockchain ecosystem built on Ethereum, designed to facilitate ultra-fast trading. It achieves high-speed transactions through built-in parallelization and automatic order bundling, leading to a significantly quick time to finality. The Sei V2 launch involves a phased rollout of a 

 on a live blockchain, requiring governance approval. It begins with a governance phase where SEI token holders approve the upgrade, followed by an alpha launch to deploy EVM-based contracts and integrate initial infrastructure. The final phase declares V2 stable, with all critical infrastructure operational. This strategy minimizes risk, optimizes performance, and aims to scale Sei into a blockchain for consumer-grade applications.

Check Out the Latest Prices, Charts, and Data of 

, a new competitor in the decentralized finance (DeFi) space, is being secretly funded by the co-founders of Lido and the venture capital firm Paradigm. It aims to compete in the emerging market of "restaking," similar to the service provided by EigenLayer. Unlike EigenLayer, which primarily accepts Ethereum (ETH) and some ETH derivatives, Symbiotic will allow for the restaking of any ERC-20 token, broadening its usability and potential integration with other decentralized applications. This move could significantly impact the DeFi landscape, challenging EigenLayer's rapidly growing influence. The backing by high-profile names like Paradigm and Lido's co-founders could position Symbiotic as a formidable force in the DeFi sector. The platform is expected to launch by the end of the year, emphasizing a permissionless protocol that could attract a wide range of decentralized services and applications.

Bitcoin (BTC) surged 7.44% to $66,168 on May 15, driven by US inflation and retail data suggesting a possible September Fed rate cut, which increased investments in BTC-spot ETFs. Notable inflows were reported for key funds like Grayscale and Fidelity. The day's economic insights spurred demand for riskier assets, influencing BTC ETF markets. Technical analysis indicates bullish signals for Bitcoin with potential near-term resistance at $69,000. Meanwhile, Ethereum (ETH) showed mixed trends, struggling below the 50-day EMA but maintaining above the 200-day EMA, suggesting bearish short-term but bullish longer-term prospects.

, an Overwatch-style shooter, is set to launch its NYAN token on the centralized exchange Bybit on May 21. The game, which has been in pre-alpha since March, has seen over 200,000 downloads and entered the top 30 titles on the Epic Games Store. Alongside the token launch, details about a NYAN token airdrop for players who participated in play-to-airdrop campaigns are expected soon. Players earn NYAN tokens by accumulating MEOW and CATNIP points through gameplay or social media engagement. The game, developed by Singapore-based 9 Lives Interactive, emphasizes gameplay over blockchain integration, allowing players to engage without crypto or a wallet. The game will also introduce a premium in-game currency for non-blockchain items and special "awakened" items that are tokenized and tradable, though engaging with the crypto aspects remains optional. 

Beginner

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Symbiotic Emerges as New DeFi Challenger Backed by Lido and Paradigm in Restaking Market

Liquid restaking is a process whereby staked crypto assets are reused to secure additional blockchain protocols, enhancing capital efficiency and liquidity.

Liquid restaking presents a dynamic and effective method for 

) ecosystem. Through the creation of liquid restaking tokens (LRTs), staked assets are tokenized, allowing investors to maintain control over their assets while still enjoying rewards. This approach enhances liquidity and financial flexibility and optimizes the use of capital. 

In this article, we’ll explore liquid restaking, breaking down its core concepts and assessing both its benefits and potential risks in DeFi.

Liquid restaking is a process whereby staked crypto assets are reused to secure additional blockchain protocols, enhancing capital efficiency and liquidity. It allows investors to earn rewards from a restaking platform.

Liquid restaking tokens (LRTs) are digital assets that represent staked cryptocurrencies. They enable users to repurpose staked tokens to secure additional blockchain systems. Users receive LRTs when they deposit liquid staking tokens on a restaking platform. 

Liquid restaking introduces a fresh perspective to the world of cryptocurrency, building upon the principles of staking in a way that enhances efficiency and potential returns. At its heart lies the 

 (PoS) system, through which validators secure the network by 

 their cryptocurrency as collateral rather than via traditional 

. In this setup, validators validate transactions, add them to the blockchain and, in return, earn rewards proportional to their staked amounts.

But what really sets liquid restaking apart is its innovation in allowing staked assets to be “restaked” or reused to secure additional blockchain protocols. Holders of liquid staking tokens can choose to sell, trade or lend their assets on a DeFi platform. This system is made possible through a process known as rehypothecation, whereby the same collateral is used to back different activities.

EigenLayer introduced the concept of restaking tokens, enabling users to take their staked ETH and restake it with actively validated services (AVS). These services perform various functions, such as providing support for Ethereum scaling solutions and furnishing shared security. Networks that can't afford to create native validators can rely on the restaked tokens generated by larger Ethereum networks to handle consensus.

 (TVL) from investors, including amassing 

 of the total amount of Ether (ETH) in circulation within just two days after reopening deposits in February 2024. 

To support this process, staked assets are represented by LRTs, which are tokenized versions of the original staked assets. These tokens serve multiple purposes within the ecosystem, such as securing additional protocols or participating in governance. Just as staked tokens have 

 (LSTs) to preserve liquidity, restaked tokens gain liquidity from LRTs. 

The beauty of liquid restaking lies in its ability to enhance capital efficiency. Validators can earn additional rewards without the need to stake more assets, which improves the overall liquidity of the system. 

However, while liquid restaking offers the potential for higher returns, it also comes with increased risks. The rehypothecation of assets means that if one system fails, it could have a ripple effect on others secured by the same assets.

Liquid restaking brings both promise and caution to the blockchain space.

Liquid restaking and liquid staking are both innovative concepts, with profound implications for staking. They share the common foundation of operating within the PoS framework, whereby validators secure the network by staking their cryptocurrency rather than through traditional mining methods. 

Both systems aim to improve liquidity and capital efficiency within the blockchain space by tokenizing staked assets, enabling greater flexibility by their utilization. However, they differ in their scope and approach. Liquid staking primarily focuses on securing a single PoS blockchain, while liquid restaking extends this concept by using staked assets to secure additional blockchain protocols or applications, such as 

Liquid staking involves earning rewards solely from the staking process itself, while liquid restaking potentially offers additional profits by incorporating rewards from staking on the primary blockchain (such as Ethereum) and operations on platforms like EigenLayer. However, liquid restaking tends to be more complex due to the rehypothecation of assets, which may carry a higher level of systemic risk as compared to liquid staking.

Is Liquid Restaking Better Than Liquid Staking?

When weighing the merits of liquid restaking against those of liquid staking, it’s important to consider the trader's level of experience and their specific investment objectives. 

For beginning traders, liquid restaking may seem daunting due to its intricate mechanics and the added risks associated with rehypothecation. In this regard, liquid staking could be a more straightforward and safer entry point into the staking ecosystem.

On the other hand, experienced traders, accustomed to the complexities and risks of DeFi, might find liquid restaking more appealing. It promises the potential for higher returns and increased capital efficiency, which aligns well with the goals of those seeking to optimize their investments.

Liquid restaking is a better alternative to liquid staking for those who wish to actively participate in the Ethereum consensus process, and seek to leverage their staked assets beyond traditional staking rewards. However, this choice comes with added risk and complexity.

Liquid restaking offers a promising alternative to traditional liquid staking, particularly for those interested in actively participating in the Ethereum consensus process and maximizing their staked assets. By allowing staked assets to be repurposed across various protocols, liquid staking not only contributes to the security and efficiency of the Ethereum network but also opens up avenues for earning additional rewards.

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Liquid Restaking: A Better Alternative to Liquid Staking?

Bybit Web3, the Web3 division of Bybit and one of the top global crypto exchanges, announced an Initial DEX Offering (IDO) for Thetanuts (NUTS) on its platform.

The SPX index was up 0.48%. This optimism persisted despite higher-than-expected producer inflation in April and revisions to March's data. Traders also considered comments from Federal Reserve Chair Jerome Powell about maintaining restrictive monetary policy. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 2.49% and 2.08%, respectively, in the past 24 hours.

Today’s outperformer is AR, which jumped 2.2% after Arweave Ecosystem Update Features New Migrations, Autonomous Trading, and Community Bounties.

Arweave (AR), launched in June 2018, is a decentralized platform for permanent data storage, leveraging its AR cryptocurrency to incentivize users and ensure data permanence. It offers easy web access and is developing moderation tools, with a key partnership with the Internet Archive highlighting its commitment to secure data preservation. Recently,  Arweave Weekly Digest features ar.io's migration to 

 to enhance scalability and introduces Autonomous Finance’'s trading bot for automated portfolio strategies. It also highlights Weavers Raid II with $10,000 in bounties for community projects. Additional updates include the first $AR token bridge via AOX, a partnership with Anchorage, and new educational and community engagement resources, including a podcast on Arweave infrastructure.

Bybit Web3, the Web3 division of Bybit and one of the top global crypto exchanges, announced an Initial DEX Offering (IDO) for 

 (NUTS) on its platform. Thetanuts, a leading DeFi options protocol that specializes in altcoin options, has become the top DeFi Options Protocol by TVL, exceeding $30 million. The IDO will run from May 13 to May 17, 2024, with the token listing on May 20. Eligible participants must maintain a minimum balance of 400 USDC in their Bybit Wallet during the snapshot period. A total of 66,660,000 NUTS tokens are allocated for the IDO from a total supply of 10 billion.

Cryptocurrency investment products saw $130 million in inflows, reversing a previous trend of outflows, with Bitcoin funds receiving the largest share. However, trading volumes decreased. Institutional investment in U.S. spot Bitcoin ETFs increased, highlighted by the State of Wisconsin Investment Board's significant purchases. This reflects a growing interest in digital assets among traditional financial institutions.

 after identifying and redistributing tokens from Sybil accounts to genuine users. The airdrop is set to launch on May 16, 2024, at 12 pm UTC. It includes an initial allocation and a bonus that vests over 6 hours to reduce network congestion and enhance user experience. This airdrop marks a significant move towards decentralizing Drift Protocol, empowering its community, and driving future development. Further details on eligibility and claiming are available on their website.

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Bybit Web3 Announces IDO for Leading DeFi Options Protocol Thetanuts

Crypto

Bybit Card

Yes, you can buy crypto with a debit card. But how and where can you buy crypto with debit card? And is it safe? This article answers all your questions.

Bybit_Card_1600x900.png

 and other cryptocurrencies was hectic and complicated. Not only were there limited crypto vendors, but information about crypto was also scanty and skewed.

However, the industry continues to grow tremendously, and you can now buy crypto with numerous payment options, including using 

In this article, we’ll explore how to buy crypto with a debit card, including the pros and cons. We also have a step-by-step guide on buying Bitcoin with a debit card, and a bonus section on the cryptos you may want to add to your portfolio.

Pros and Cons of Buying Crypto With a Debit Card

The convenience and affordability of owning a crypto debit card cannot be underestimated. Debit cards have become a popular way to buy Bitcoin and other 

However, before you register for a crypto debit card, let’s look at some advantages and disadvantages of this innovative financial product.

One of the major strengths of a crypto debit card is how easy it is to top it up with your crypto assets. It provides a convenient and fast way to off-ramp your digital assets into 

Usually, without the card, you need to go through the process of 

 (which can be cumbersome at times) and transferring it to your bank account in order to use it for payment.

However, you can bypass this hassle and conveniently pay online using a crypto debit card. As long as the merchant accepts the card, having it is as good as having cash in your pocket for convenient spending.

When applying for a regular credit card, traditional financial providers need to carry out a comprehensive credit check to assess your eligibility for the product. You may receive a low-limit card, or be denied the application if you have a poor credit score.

However, with a debit card, there are no credit checks. All you need is to ensure that your account is funded with the balance required to process the transaction.

Some crypto debit cards come with loyalty rewards and benefits. For example, with the 

, you earn loyalty points on purchases you make which can be redeemed for unique rewards and exclusive offers from the platform's partners. 

Before you sign up for a debit card, you need to know the fees associated with it. Depending on the issuer, you may incur expenses such as forex fee, card reissuance fee, dormancy fee and an annual fee, among others. It’s imperative to understand these fees in order to avoid eating into your balances and reducing your spending capability.

For virtual crypto debit cards, there's the ever-present risk of fraud and other security threats, such as hacking of online payment systems. In addition, at times crypto companies need to partner with payment providers in order to implement card payments.

If online fraudsters and cyberattacks compromise either of the parties' systems, it may result in a significant loss of assets and funds.

 are highly volatile. This price volatility greatly impacts spending on cryptocurrencies, especially for everyday consumer goods. As a result, merchants often hesitate to add crypto as a payment option on their platforms.

Furthermore, as a user, your payment may be declined due to insufficient funds if there has been significant price movement in the market. As such, most crypto debit card providers only allow transacting using 

, which are less prone to high price volatility. 

Is It Safe to Buy Crypto With a Debit Card?

Initially, most cryptocurrency exchanges were hesitant to allow crypto purchases using debit cards, due to the existence of sophisticated cyberattacks and fraud. However, most major crypto platforms have put advanced fraud detection systems in place to keep their customers safe when they buy crypto with a debit card.

That said, you must also take charge of your online security and remain vigilant while transacting with your card. The following are some useful tips on how to stay safe when buying crypto with a debit card:

You can use your debit card to buy Bitcoin and other top cryptocurrencies on leading crypto exchanges, such as Bybit, Binance, Coinbase, OKX and several others.

Bybit assures you an efficient crypto trading experience with our customer-centric platform. When buying crypto using a debit card on Bybit, you can look forward to the following features:

Which Debit Cards Allow Crypto Purchases?

You don't need a bank-issued debit card to make crypto purchases. Bybit has partnered with Mastercard to issue a crypto debit card that lets you off-ramp your crypto assets quickly and safely so you can use them to pay for crypto purchases around the globe.

Following are some of the advantages of using the Bybit Card for crypto purchases.

With over 90 million merchants accepting the Bybit Card, you can use your crypto debit card to make purchases across the globe. You can use your debit card to pay as long as the merchant has displayed the Mastercard logo (whether online or physically). 

As such, owning a Bybit debit card opens you up to Mastercard's expansive merchant network, allowing you to conveniently off-ramp your crypto assets to use, similarly to fiat currencies. 

At Bybit, we’re dedicated to keeping our customers' funds safe. The Bybit Card is 

 Secure-enabled, which means that it complies with industry standards to let customers authenticate online transactions.

With such innovative fraud-prevention technology, you can be confident that your information is safe, and that your transactions are carried out over an additional layer of security built to keep fraudsters at bay.

With the Bybit Card, you can choose to pay for your purchases using the following cryptos; Bitcoin (BTC), Ether (ETH), Ripple (

). Our team is also working on enabling more crypto assets and even allowing multi-asset cryptos in the future.

You can earn loyalty points whenever you pay for transactions using your Bybit Card. Bybit's exciting Loyalty Rewards program allows you to redeem your loyalty points for different rewards, depending on the number of points you’ve accumulated.

Bybit has a dedicated team of multilingual customer agents on standby to address any questions, concerns and inquiries related to all of our products, including the Bybit debit card. You can count on them to quickly and efficiently resolve any issues that you may face.

Can You Buy Crypto With a Debit Card Without Verification?

Gone are the days when you could easily find cryptocurrency exchanges that didn't require KYC checks. Regulatory pressure has forced platforms to tighten their rules, which is actually a positive step. This move demonstrates a commitment to cooperating with regulators and ensuring the legitimacy of transactions. 

While it may be difficult to find an exchange that doesn’t require verification, the added security measures provide peace of mind for investors, thus helping to ensure a stable and sustainable future for the wider cryptocurrency market. 

Additionally, many exchanges such as Bybit offer various payment methods, such as credit cards and P2P trading, for you to buy Bitcoin and other cryptos quickly and easily. 

Once you’ve linked your debit account, simply fund it to start building your crypto portfolio. Following are the cryptocurrencies you can buy using your Bybit debit card.

Bitcoin (BTC) is the most popular crypto. It has the largest share of the total crypto market volume. When you buy Bitcoin, you get to own the earliest crypto to enter the market, built on a secure blockchain-powered infrastructure. Since it's widely accepted, BTC is among the most liquid cryptocurrencies, and can be moved easily between crypto exchanges.

You can also use Bitcoin to make near-instant cross-border payments at a low cost, compared to traditional financial options such as bank transfer, which are both slow and quite expensive. You can also gain by holding BTC for its long-term value, due to its 

Ethereum (ETH) is the second most popular cryptocurrency after BTC. As the blockchain that introduced the world to 

, ETH has remained dominant in the crypto space, especially among developers looking to build decentralized apps (

 enthusiasts looking to increase their yield.

Like BTC, Ethereum is readily accepted across most crypto exchanges and can be traded against most crypto asset classes.

Further, Ethereum successfully migrated to a 

 (PoS) blockchain in September 2022, and will soon implement the much-awaited 

, which will help improve liquidity on its blockchain.

With many improvements still to come on Ethereum, its future looks bullish, and it could be a great addition to your portfolio.

 that can help cushion you from the intense volatility of the crypto market. If you’re a crypto beginner, USDT is a safe option as you try and learn the ropes around the market.

It's worth noting that USDT has remained the most resilient stablecoin, despite several others, such as 

As a U.S. dollar–backed crypto, USDT has provided investors with a safe haven to hold funds, especially during 

 when there's more apprehension in the market.

Rather than holding funds in fiat, you can convert them into USDT, which can cushion you from the inflation currently plaguing the global economic landscape.

 is the token of Polygon (formerly Matic Network), a Layer 2 scaling solution designed to solve the challenges of high gas fees and network congestion on the Ethereum blockchain.

 movement, MATIC is built for developers looking to launch DApps via blockchain networks. Using MATIC, you can pay low transaction fees and also help secure the network through 

. Polygon has entered into strategic partnerships with top brands, such as Walt Disney, Prada and adidas

Three Steps to Buying Crypto With Your Bybit Card

Buying crypto with your Bybit Card is quick and easy, and takes only three steps.

: Once your account has been verified, you can 

. The virtual Bybit Card is issued automatically once the application is successful.

 terminal on Bybit in order to fund your account, which will be used to facilitate transactions using the Bybit Card.

Once you buy crypto with your debit card, you can choose to explore various options and decide which of them suit you the best. You can choose to:

 is a common expression used in the crypto space to express the act of holding on to your crypto assets (not selling), despite price movements in the market. One token that most people HODL is Bitcoin, mainly due to its finite supply, which gives it long-term intrinsic value.

Once you’ve performed your due diligence about a project, and believe its team is building something that will add value to the crypto space over time, you can buy its tokens and wait to see what the future holds.

Another way to profit from your crypto assets is trading them on Bybit. You can access various trading options on our user-friendly terminal, designed for both beginning and advanced traders. For example, you can opt for 

 to buy and sell Bitcoin and other cryptos securely at a low fee. You can also try 

, borrowing funds to trade and boost your returns.

 lets you profit from copying the trades of our master traders.

Staking your crypto assets allows you to 

 with guaranteed yield and a minimum entry barrier. Locking your crypto through 

 provides you an excellent way to generate greater returns as you HODL your cryptocurrencies.

With Bybit Earn you can access various other products, such as 

, which helps you earn interest on your crypto assets, or share in daily yields generated by your tokens through 

You can also opt to spend your crypto by using your Bybit Card to pay for transactions at online stores that accept MasterCard. As mentioned, this is a convenient and fast way to off-ramp your crypto assets and use them as easily as having cash in your pocket.

Using a crypto credit or debit card to buy cryptocurrency provides a simplified avenue to get into the crypto space, as well as a convenient payment method. You can quickly link your card to your crypto account and add funds to your wallet using your debit card.

Crypto debit cards such as the Bybit Card reward you every time you use them for transactions. Your loyalty points can then be redeemed for attractive rewards. Once you purchase Bitcoin or other cryptocurrencies using your Bybit Card, you can choose to HODL, stake, trade or spend at online stores.

Can You Buy Crypto With a Debit Card?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards