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Bitcoin Moon: Is 2025 the Year BTC Finally Takes Off?

When crypto enthusiasts shout "Bitcoin to the moon!", they're not just dreaming of rocket emojis and Lamborghinis. It's the rallying cry of a movement that believes Bitcoin isn't done yet—that it's headed for new all-time highs and possibly beyond. As we are in 2025, Bitcoin is showing signs that the rocket might just be fueling up again. With prices recovering, investor confidence returning, and institutional money continuing to pour in, the question now is: are we about to witness the next great Bitcoin moon? Let's break down the current state of Bitcoin, where it might be headed, and what all this means for crypto-curious readers—especially those following the market from Russia. What Is Bitcoin Moon? "Bitcoin Moon" is a popular phrase in the crypto community that refers to the belief or hope that Bitcoin's price will skyrocket to extremely high levels—often beyond its previous all-time highs. The term "moon" symbolizes astronomical growth, suggesting that the asset is heading far above the current price range, like a rocket shooting toward the moon. While it started as a meme and internet joke, "Bitcoin Moon" has come to represent a bullish mindset among investors. It often resurfaces during times of rapid price increases, when optimism is high and many believe that Bitcoin is on the verge of breaking into uncharted territory. In 2025, with Bitcoin rebounding from recent corrections and showing strength, the moon talk has returned. But this time, it’s supported by data, institutional involvement, and macroeconomic trends that make the possibility more grounded than ever before. How Much Is 1 Bitcoin? April 2025 Price Update As of mid-April 2025, Bitcoin is trading around $83,600, rebounding from a recent low of approximately $74,400 recorded on April 7. This drop came in response to global macroeconomic uncertainties, including tightening monetary policy in the U.S. and renewed fears around geopolitical instability. However, the quick recovery has reignited bullish sentiment across the market. Bitcoin's current price is just under 30% below its all-time high of $109,000, which was reached in November 2024 following the fourth Bitcoin halving. Since then, the price has been fluctuating within a broader consolidation range between $74K and $89K. Analysts consider this healthy sideways movement as a sign of market stabilization after the aggressive bull run of 2024. Trading volumes have remained consistent, with daily spot market volumes hovering around $30 billion, and futures markets seeing over $70 billion in combined open interest. Market cap remains above $1.65 trillion, keeping Bitcoin securely in the top spot of global digital assets. The Crypto Fear & Greed Index has climbed from a fearful 29 to a neutral 48 over the past week, showing that market participants are gradually regaining confidence. Technical indicators such as the Relative Strength Index (RSI) are sitting in the mid-50s, suggesting there's still room for upward movement before entering overbought territory. Bitcoin Market Trends: A Maturing Asset In 2025, Bitcoin is showing signs of maturity. With increased integration into traditional finance, more institutional participants, and better infrastructure, it's no longer considered fringe. Central banks have paused rate hikes, and inflation rates are stabilizing globally, prompting investors to re-enter the crypto markets. Institutional interest is unwavering. BlackRock, Fidelity, and several other asset managers are managing billions through their spot Bitcoin ETFs. MicroStrategy continues to buy on dips, holding over 500,000 BTC on its balance sheet. Furthermore, almost 70% of all BTC in circulation hasn't moved in more than six months, indicating strong conviction among long-term holders. In Russia, crypto adoption is surging amid sanctions and limited access to the SWIFT network. Bitcoin, along with stablecoins, is being used not only as a speculative asset but also for settlement of international trade and for preserving purchasing power amid ruble volatility. Bitcoin Price Predictions: Where Are We Headed? Analysts remain optimistic for 2025. Short-term predictions suggest Bitcoin could retest and surpass its all-time high by Q3 or Q4. Price targets include: $120,000: A conservative target based on historical post-halving patterns $137,000: Based on a confirmed breakout of the current consolidation pattern $150,000+: If global liquidity increases and institutional adoption deepens On-chain analysts are closely watching exchange outflows, which have hit a 12-month high. This usually indicates that investors are moving BTC to cold storage, expecting higher prices in the future. Miner reserves have also declined, as many are holding rather than selling, in anticipation of another bull run. A Look Back: Learning from the Past Bitcoin's price movements have often followed a predictable pattern around halving events. Each halving reduces the block reward by half, tightening supply. The 2024 halving occurred in April, cutting the reward from 6.25 to 3.125 BTC per block. Post-halving rallies typically peak 12-18 months later. In 2017, Bitcoin surged from $1,000 to nearly $20,000 after the 2016 halving. In 2021, it jumped from $10,000 to $69,000 after the 2020 halving. Following this pattern, analysts suggest a new peak could emerge in late 2025 to early 2026, possibly pushing Bitcoin well beyond the $150K mark. Learn more: The Bitcoin Halving Explained: Everything You Need to Know Technical Snapshot: Key Levels to Watch Bitcoin's price structure in 2025 shows a clear ascending channel on the daily chart. Here are the major technical zones: Immediate Resistance: $88,600 - Previous April swing high; breakout target zone Psychological Barrier: $90,000 and $100,000 - Key resistance where many short-term traders may take profit Major Support: $76,000 - Strong bounce zone from April 7 Long-term Support: $69,000 - Former ATH from 2021, now acting as macro support Indicators are neutral to bullish. The 200-day EMA sits below current price action, suggesting ongoing bullish momentum. The MACD has recently crossed upward on the daily chart, and Bollinger Bands are tightening—often a sign of imminent price movement. Many traders are eyeing the formation of a bull pennant pattern, which, if confirmed with a breakout above $89K, could project a price move toward $120,000+ in the coming weeks. The Russian Angle: Crypto in a Sanctioned Economy Russia continues to be a fascinating case in crypto adoption. Following increased Western sanctions, Russian companies have adopted Bitcoin and stablecoins to facilitate international transactions. In 2024, legislation was passed to allow crypto in foreign trade, officially enabling the use of BTC for import/export operations. For individual Russians, Bitcoin serves as both a store of value and a remittance tool. Peer-to-peer trading volumes on platforms and Telegram-based OTC desks have surged. The ruble’s ongoing volatility makes BTC an attractive alternative for wealth preservation. Events like the upcoming Blockchain Life 2025 in Moscow reflect the growing interest in crypto innovation across the region. Startups, developers, and regulators are all showing up to discuss Bitcoin, stablecoins, and the future of decentralized finance in Russia. Conclusion: Bitcoin Moon or Bust? Is 2025 the year Bitcoin finally goes to the moon? The technicals, fundamentals, and sentiment all suggest a strong case. While past performance doesn’t guarantee future results, the stage appears set for a major move. With price consolidating just below major resistance, institutional capital flowing in, macro conditions easing, and Russian adoption growing stronger, all signs point to one possibility: the Bitcoin moon might not be just a meme anymore. Whether you're tracking charts in Moscow or watching headlines from afar, one thing is clear: Bitcoin is building momentum, and the next leg up could be historic. Trade BTC on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

The Bitcoin Halving Explained: Everything You Need to Know

Have you ever wondered why Bitcoin prices seem to experience dramatic spikes roughly every four years? Or maybe you've heard of something called "Bitcoin halving" but don't quite grasp its significance. You're not alone. Understanding "what is bitcoin halving" can unlock the secret behind Bitcoin's periodic booms and help you become a more informed crypto investor. In this comprehensive guide, we'll explore Bitcoin halving in detail, covering how it works, why it matters, and how you can leverage this knowledge to strengthen your investment strategy. What Exactly Is Bitcoin Halving? Bitcoin halving, also known as block reward halving, is a pre-programmed event that occurs roughly every four years—or precisely every 210,000 blocks—where the reward miners receive for verifying transactions is cut by half. Bitcoin’s mysterious creator, Satoshi Nakamoto, introduced this concept to ensure Bitcoin remains a scarce asset, similar to gold. This built-in scarcity mechanism helps maintain Bitcoin's value by slowing its rate of new Bitcoin creation, ensuring only 21 million Bitcoins will ever exist. How Bitcoin Halving Works To understand how Bitcoin halving works, let’s first explore the Bitcoin mining process. Bitcoin operates on blockchain technology, with miners using powerful computers to solve complex cryptographic puzzles. When miners solve these puzzles, they add new blocks to the blockchain, securing the network and validating transactions. In return, miners receive rewards in the form of newly minted bitcoins. For every 210,000 blocks mined, the reward miners receive is halved. This automatic reduction slows down the supply of new bitcoins entering circulation, thereby creating scarcity and typically increasing demand. For example, when Bitcoin launched, miners earned 50 BTC per block, but after several halvings, the current reward is now much lower. As of 2025, the Bitcoin mining reward stands at 3.125 BTC per block. What Are the Bitcoin Halving Dates? Historically, Bitcoin halvings have taken place roughly every four years, as follows: November 28, 2012: Reward decreased from 50 BTC to 25 BTC. July 9, 2016: Reward decreased from 25 BTC to 12.5 BTC. May 11, 2020: Reward decreased from 12.5 BTC to 6.25 BTC. April 20, 2024: Reward decreased from 6.25 BTC to 3.125 BTC. Each halving has historically influenced Bitcoin’s price significantly, often setting off bullish market cycles. History of BTC Price Source: TradingView News When Is the Next Bitcoin Halving Event? The most recent Bitcoin halving took place on April 20, 2024, reducing block rewards from 6.25 BTC to 3.125 BTC. The next Bitcoin halving is expected to happen in April 2028, based on the predictable schedule of block creation and the 210,000-block interval. Investors often plan strategies around these dates, anticipating potential market shifts. Why Is Bitcoin Halving Important? Bitcoin halving is crucial because it directly affects the cryptocurrency’s inflation rate, maintaining its scarcity and influencing its market price. Reduced supply combined with stable or increasing demand typically leads to price appreciation. For instance, after the 2016 halving, Bitcoin climbed from around $600 to nearly $20,000 in December 2017. Similarly, post-2020 halving, Bitcoin reached a peak of around $69,000 in November 2021. Analysts anticipate further price appreciation, suggesting Bitcoin could potentially reach between $180,000 and $200,000 by late 2025, driven significantly by the 2024 halving. Should You Invest in Bitcoin During a Halving? Investing around the Bitcoin halving events presents both opportunities and risks. Historically, these events trigger significant market cycles: Pre-halving Phase: Typically marked by gradual price increases as anticipation builds. Immediate Post-halving Phase: Can see short-term volatility or temporary price corrections. Long-term Post-halving Phase: Usually sees strong bull markets and significant price growth. Practical tips for investing during these periods include: Adopt a dollar-cost averaging (DCA) strategy, regularly investing fixed amounts to mitigate volatility risks. Stay updated with credible platforms like Bitget, which offer analytical tools and secure investment options tailored to market cycles. Diversify your crypto portfolio to reduce risk exposure during volatile periods. What Will Happen When All the Bitcoins are Mined? With Bitcoin’s total supply capped at 21 million, the final bitcoin is expected to be mined around the year 2140. After that point, miners will no longer receive block rewards, and their revenue will rely solely on transaction fees. This transition will fundamentally change mining economics, potentially increasing transaction fees or prompting miners to seek alternative revenue streams. However, with Bitcoin’s growing adoption and technological advancements, the network is expected to remain secure and functional. How to Avoid Common Mistakes During Bitcoin Halving Events Expecting Immediate Price Spikes A common misconception is expecting instant price surges immediately following a halving event. However, market reactions can vary significantly, sometimes including short-term dips. Investors should remain patient, focusing on long-term trends and avoiding impulsive decisions based on immediate market fluctuations. Ignoring Mining Economic Implications Many overlook the economic impacts halving has on miners, who might reduce operations or exit the market, temporarily affecting transaction speeds and costs. Keeping track of miner behavior helps investors anticipate and navigate short-term disruptions effectively. Overlooking External Economic and Regulatory Factors Halving events do not occur in isolation; broader economic conditions, regulatory changes, and global events significantly influence Bitcoin prices. Staying informed about macroeconomic developments and regulatory news is crucial for making balanced investment decisions. Bitcoin Halving in 60 Seconds: Quick Answers to Big Questions 1. What is Bitcoin halving? Bitcoin halving is the pre-programmed event reducing Bitcoin miners' rewards by half every 210,000 blocks to control Bitcoin’s supply and maintain scarcity. 2. How often does Bitcoin halving occur? Bitcoin halving occurs approximately every four years, or after every 210,000 blocks mined. 3. Does Bitcoin halving affect its price? Historically, yes. Reduced supply combined with stable or increasing demand has often led to significant price increases following halving events. 4. How many Bitcoin halvings have occurred so far? As of 2025, there have been four Bitcoin halvings: in 2012, 2016, 2020, and 2024. 5. Can you predict Bitcoin prices based on halving events? While exact price predictions are challenging, historical data suggests significant price appreciation within a year following halving events. 6. What happens when no more bitcoins can be mined? Once all 21 million bitcoins are mined, expected around 2140, miners will depend solely on transaction fees as their source of income. Conclusion Understanding "what is bitcoin halving" is crucial for crypto investors—it’s one of those rare events in finance that’s both predictable and powerful. Every four years, like clockwork, Bitcoin reminds us of its design: limited supply, growing demand, and a built-in mechanism that sparks market-wide anticipation. Halving events don’t guarantee overnight success, but they offer something even better—an opportunity to prepare, plan, and position yourself wisely. Whether you're just starting your journey with Bitcoin or you've been through multiple cycles, each halving brings a fresh chance to reassess your strategy and stay ahead of the curve. The question is: when the next halving approaches, will you be ready to make it count? Feeling ready? Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

What Is the Bitcoin Rainbow Chart and How to Use It?

Have you ever wished there was a simpler way to understand Bitcoin's volatile market movements? Imagine being able to quickly determine whether it's the right time to buy, sell, or hold Bitcoin, just by glancing at a colorful chart. Well, that's precisely what the Bitcoin Rainbow Chart offers investors, whether you're brand new to cryptocurrency or an experienced trader. In this article, we'll explore exactly what the Bitcoin Rainbow Chart is, delve into how to interpret its color-coded bands effectively, address common misunderstandings, and provide practical advice to help you make smarter crypto investment decisions. Understanding the Bitcoin Rainbow Chart The Bitcoin Rainbow Chart, or Bitcoin Rainbow Price Chart, is a visual representation that simplifies Bitcoin's historical price data into a spectrum of color-coded bands. These colors help investors quickly assess whether Bitcoin is potentially undervalued, fairly valued, or overvalued. Created using logarithmic regression models, it provides investors with an accessible way to interpret Bitcoin’s valuation and identify investment opportunities at a glance. Bitcoin Rainbow Price Chart Source: blockchaincenter.net How Was the Bitcoin Rainbow Chart Created? Initially conceptualized by crypto enthusiasts in 2014, the Bitcoin Rainbow Chart gained popularity as it provided an easy-to-understand visualization of Bitcoin’s historical market behavior. Utilizing logarithmic regression, this chart effectively smooths out price volatility, helping investors identify key valuation levels based on historical price trends. Over time, the Rainbow Chart has become an authoritative resource, widely trusted by investors seeking a reliable method to evaluate market sentiment. How the Bitcoin Rainbow Chart Works At its core, the Bitcoin Rainbow Chart categorizes Bitcoin’s historical price levels into various bands, each represented by different colors—ranging from dark blue indicating extreme undervaluation ("Basically a Fire Sale") to dark red signifying extreme overvaluation ("Maximum Bubble Territory"). By visualizing this data logarithmically, the chart smooths out extreme volatility, making it easier for investors to understand Bitcoin’s broader market trends and sentiment. How to Interpret the Rainbow Chart Color Bands Each color band of the Bitcoin Rainbow Chart signifies a different market sentiment or valuation level: Dark Blue ("Basically a Fire Sale") and Light Blue ("BUY!"): Ideal moments to purchase Bitcoin as prices are considered extremely undervalued. Green ("Accumulate") and Light Green ("Still Cheap"): Good opportunities to gradually build your Bitcoin holdings. Yellow ("HODL!"): Neutral sentiment, recommending investors hold their existing positions. Orange ("Is this a bubble?"): Prices are potentially inflated, urging caution before making significant investments. Red ("FOMO intensifies") and Dark Red ("Maximum Bubble Territory"): Bitcoin prices are significantly overvalued; investors should consider selling or securing profits to avoid losses from potential market corrections. How to Use the Bitcoin Rainbow Chart for Crypto Investing Using the Bitcoin Rainbow Chart effectively requires combining its insights with sound investment strategies. Here's how you can practically apply the chart to your crypto investment: Finding Optimal Buying Times When Bitcoin’s price falls into the dark blue or light blue bands, historically, these have proven to be strong entry points for long-term investors. For instance, during the 2018 crypto winter, the chart indicated Bitcoin prices within the "Basically a Fire Sale" zone, around $3,000-$4,000. Investors who followed the chart’s signals and bought at these low valuations later benefited greatly when Bitcoin prices surged in subsequent years. Recognizing When to Sell When Bitcoin enters the upper bands like red or dark red, market sentiment is indicating overvaluation. An example occurred during Bitcoin’s price peak in late 2017 and again in 2021, where the price hit the "Maximum Bubble Territory" band around $19,500 and $64,000 respectively. Investors who took profits in these scenarios maximized their returns and avoided substantial losses during corrections. Refining Dollar-Cost Averaging (DCA) Strategies The Bitcoin Rainbow Chart also enhances your DCA approach. Investors may increase their buying frequency or investment amount when Bitcoin prices dip into "Accumulate" or "Still Cheap" bands and reduce their investment during higher-risk orange and red bands, effectively optimizing their overall portfolio costs. Common Issues Investors Encounter with the Bitcoin Rainbow Chart While helpful, the Bitcoin Rainbow Chart is not without potential challenges: Overdependence on Historical Data One common mistake is assuming past trends guarantee future results. Although historical price behavior can guide investment choices, Bitcoin remains susceptible to unpredictable market conditions, regulatory changes, or global economic events. Solution: Always combine insights from the Rainbow Chart with fundamental and technical analysis. Platforms like Bitget offer robust trading tools and detailed market analyses to support informed decisions. Misunderstanding Color Band Meanings Another common issue is misunderstanding the significance of each color band, leading to incorrect investment actions. For instance, new investors might mistakenly panic-sell when Bitcoin reaches the yellow "HODL" zone, misunderstanding its neutral stance as a negative indicator. Solution: Familiarize yourself thoroughly with each band’s meaning, and ensure you cross-reference multiple sources of market sentiment before making major investment decisions. Ignoring Short-Term Market Volatility The Rainbow Chart is most effective as a long-term trend indicator. Short-term traders might mistakenly use it for day trading, resulting in flawed strategies and potential losses due to volatile price swings. Solution: Clearly define your investment timeframe. Combine the Rainbow Chart with short-term indicators, such as moving averages or RSI, for comprehensive trading strategies. Practical Advice for Maximizing Your Bitcoin Investments Using the Rainbow Chart To fully leverage the Bitcoin Rainbow Chart, consider these actionable tips: Combine with Technical Indicators Confirm Rainbow Chart signals with other indicators like the Relative Strength Index (RSI) or Moving Averages. For instance, if Bitcoin enters the blue "BUY!" zone, and RSI simultaneously indicates oversold conditions, this strengthens your buying decision. Stay Updated with Market News Monitor cryptocurrency news, particularly regarding regulatory updates, technological advancements, or significant global events. These factors can significantly impact Bitcoin’s market valuation independently of historical trends. Diversify Your Investments Even when relying on the Rainbow Chart, diversify your investments across various cryptocurrencies. Platforms like Bitget facilitate easy diversification and help manage overall investment risk effectively. Frequently Asked Questions (FAQs) Is the Bitcoin rainbow chart accurate? The Bitcoin Rainbow Chart offers valuable insights based on historical data but should not be used alone for precise predictions. Combine it with comprehensive market analyses for the best results. Does the Bitcoin Rainbow Chart apply to other cryptocurrencies? Currently, the Bitcoin Rainbow Chart specifically reflects Bitcoin’s historical data. While similar charts might exist for other cryptocurrencies, this particular chart is tailored uniquely to Bitcoin. Can beginners effectively use the Bitcoin Rainbow Chart? Absolutely. Its simple, visual nature makes it beginner-friendly. However, new investors should take time to understand its limitations and complement it with further market research. Conclusion The Bitcoin Rainbow Chart serves as a powerful, user-friendly tool for simplifying crypto investing decisions, enabling investors to quickly interpret market sentiment and identify optimal buying or selling points. By combining the insights from the Rainbow Chart with careful analysis, comprehensive market information, and prudent investment strategies, you can confidently navigate the cryptocurrency landscape, turning its volatility into profitable opportunities. Feeling ready? Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

What Is Banana For Scale (BANANAS31)? Why It’s the Meme Coin Everyone’s Talking About

If you’ve been following the buzz in the crypto world, you might have come across something a little… different. Sure, we’ve all heard of meme coins like Dogecoin (DOGE) or Shiba Inu (SHIB), but Banana For Scale (BANANAS31)? That’s a new one. And believe it or not, it’s quickly becoming one of the most talked-about coins in 2025. But here’s the real question: what exactly is BANANAS31, and why is it catching everyone’s attention? It’s not just another crypto token – it’s a meme coin that mixes humor, internet culture, and the world of blockchain. In this article, we’re going to dive into the quirky origins of BANANAS31, how it managed to stand out in a crowded market, and why it’s turning heads across the globe. Ready to find out why this meme coin might just be the next big thing in crypto? Let’s get started! What Is Banana For Scale (BANANAS31)? Banana For Scale (BANANAS31) is a meme coin built on the BNB Smart Chain (BSC). It was launched on the Four.meme platform on November 16, 2024. The name comes from the famous “Banana For Scale” meme that started circulating the internet in the mid-2000s. The meme is simple: when you want to show the size of something but don’t have a ruler, you use a banana to help people visualize the scale. This quirky, humorous idea quickly went viral, with people using bananas to measure everything from TV sets to pets and even celebrities. By combining the iconic meme with blockchain technology, BANANAS31 created something entirely new. The coin gained even more attention when SpaceX decided to place a banana sticker on its Starship S31 rocket during a test flight. This clever move gave the meme coin a major tech boost, tying it to the innovative world of Elon Musk and SpaceX, and adding a unique layer of cultural significance. What started as a funny internet joke has now turned into a serious cryptocurrency project that’s capturing attention in the meme coin market. How BANANAS31 Went From Meme to Million-Dollar Coin Since its launch in November 2024, BANANAS31 has taken the crypto world by storm in a way that few meme coins ever do. In just one month, BANANAS31 reached a market cap of over $79 million and attracted more than 30,000 holders. That’s not just impressive—it’s a clear sign that something special is happening. So, what’s behind this rapid growth? It’s the combination of a unique meme culture, a strong community, and a solid foundation. The project was built with a DAO governance model, meaning the community has a say in the future of the coin. In the early days, the developers burned the liquidity pool, signaling that the project would be handed over to the community. This created a sense of ownership and trust, motivating more people to jump on board. Through creative campaigns like the “Banana Measures Everything” challenge and fun events on TikTok, BANANAS31 has kept things exciting and engaging. It’s not just about trading—it’s about being part of something fun, and that’s exactly what’s driving its impressive rise. BANANAS31 Price Prediction: What’s Next for This Exploding Meme Coin? As BANANAS31 continues to make waves in the world of meme coins, the big question on everyone’s mind is: What’s next for this fast-growing cryptocurrency? As of March 2025, Banana For Scale has already surpassed a market cap of $55 million and built a community of over 110,000 holders. But as with any crypto, the future can be uncertain, so what does the price outlook for BANANAS31 look like? While price predictions can be tricky, BANANAS31 has shown signs of significant growth. The strong community support, increasing market exposure, and its viral cultural impact put it in a prime position for future growth. As the coin expands to more exchanges and as meme coins continue to capture more attention in the crypto space, it’s not far-fetched to see BANANAS31 reaching new highs. Many analysts are hopeful that the coin could hit $0.05 or higher in the coming months, especially if its community-driven campaigns continue to go viral. But what about the big question: Will BANANAS31 hit $1? While the current price may seem far from that mark, anything is possible in the unpredictable world of meme coins. For BANANAS31 to reach $1, it would require significant increases in market cap, a sustained community effort, and widespread adoption across major exchanges. Reaching $1 is certainly a long-term challenge, but with the right momentum and continued cultural impact, BANANAS31 could potentially reach milestones that many didn’t expect—though, as with all meme coins, there’s no guarantee. How to Buy BANANAS31: The Best Platform for Meme Coin Trading With its explosive growth and strong community support, BANANAS31 has quickly become one of the hottest meme coins on the market. But before you can enjoy the potential gains, you’ll need to know where and how to buy this exciting new cryptocurrency. Bitget has launched BANANAS31USDT for futures trading on March 20, 2025 (UTC+8), providing an excellent platform for investors looking to trade BANANAS31 with leverage. How to Trade BANANAS31 on Bitget Listing Time: March 20, 2025 Step 1: Go to the BANANAS31USDT futures trading page on Bitget. Step 2: Select your desired leverage (up to 25x) and enter the amount you want to trade. Read more: Bitget Beginner's Guide — How To Make Your First Futures Trade Please note that Bitget may adjust trading parameters, including tick size, maximum leverage, and margin rates, depending on market conditions. Keep an eye on those changes to optimize your trading experience. Start trading BANANAS31 on Bitget now with 24/7 hours and powerful features! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Market Volatility And Leverage In Copy Trading: How To Protect Your Capital

Market volatility is a defining feature of crypto trading, for it brings about both opportunities and risks. While Bitget Copy Trade allows copiers to benefit from expert strategies, volatility can amplify the impact of leverage, making risk management essential. With Bitget offering up to 50x leverage, both Elite Traders and copiers have greater control over capital allocation—but leverage must be used strategically. We recommend copiers to take an active approach to managing leverage and adjusting risk settings during volatile periods. How Market Volatility Impacts Leverage Volatility refers to rapid and unpredictable price movements. Whilst this can create profit opportunities, it also increases risk, especially when leverage is involved. A small price movement in a highly leveraged trade can trigger liquidation before the market has a chance to reverse. Whipsaw movements, where price swings violently in both directions before stabilising, can stop out positions prematurely, leading to unnecessary losses. Additionally, cascading liquidations occur when large positions are liquidated, intensifying volatility and worsening price declines. Volatility is particularly dangerous for traders using high leverage without proper risk controls. A trade that might have survived a normal market fluctuation at 3x leverage could face complete liquidation at 50x or 100x leverage. This is why risk-adjusted strategies are critical; leverage should be aligned with market conditions and individual risk tolerance. Another crucial factor is market liquidity. In highly volatile markets, liquidity can thin out, leading to slippage, where trades execute at worse prices than expected. This risk is amplified for highly leveraged positions, where even small execution differences can magnify losses. How To Navigate Market Volatility In Copy Trading 1. Select Elite Traders who adapt to market conditions to follow: Not all traders handle volatility the same way. Some excel in stable markets yet struggle in fast-moving conditions. Copiers should prioritise Elite Traders who: ● Use moderate, adaptable leverage instead of overcommitting to extreme positions ● Have low drawdowns and consistent risk management across different market cycles ● Adjust their strategies based on market sentiment rather than over-leveraging during uncertainty Bitget's Elite Trader analytics provide insights into past drawdowns, risk exposure, and strategy shifts. Copiers should definitely utilise these tools before copying a trader. A good indicator of an Elite Trader's adaptability is how they performed during past market crashes or extreme volatility events. Elite Traders with a track record of surviving market shocks are often more reliable than those with only short-term success in stable conditions. You can also compare targeted Elite Traders with our Elite Traders Comparison tool here . 2. Understand and adjust leverage settings based on market conditions: Copiers should proactively adjust their leverage levels instead of passively accepting any Elite Trader's default settings. Bitget allows copiers to: ● Customise leverage levels to match their personal risk tolerance ● Reduce leverage during high-volatility periods to prevent unnecessary liquidation ● Increase leverage cautiously in stable market conditions if they have a clear strategy A practical approach is to apply dynamic leverage adjustment, i.e. reducing exposure when uncertainty is high and optimising leverage when market conditions are favourable. For example, check Crypto Fear & Greed Index frequently to get an overview of the latest market sentiment. Stop-loss and take-profit levels should also be set based on market volatility. During periods of uncertainty, using tighter stop-losses prevents excessive losses, and vice versa, wider stop-losses allow trades more room to recover in trending conditions. 3. Use cross-margin and isolated margin effectively: Bitget Copy Trade gives copiers additional control over risk management with cross-margin and isolated margin modes. ● Cross-Margin Mode shares available balance across positions. This helps prevent immediate liquidations, as profits from one trade can offset losses in another. However, if risk is not managed properly, a losing trade can impact an entire portfolio. ● Isolated Margin Mode limits risk to a specific position. If a trade is liquidated, the loss is restricted to the margin allocated for that position, hence the rest of the portfolio is protected. For copiers, using isolated margin for high-leverage trades can help contain risks. Meanwhile, cross-margin can be useful for diversified strategies where positions hedge each other. 4. Diversify Elite Traders to reduce risk: Copying multiple Elite Traders with different leverage strategies can help reduce concentration risk. For instance: ● A low-leverage trader may provide consistent, stable returns. ● A medium-leverage trader could capitalise on market swings without compromising risk control. ● A high-leverage trader may focus on short-term opportunities. However, their trades should be balanced with lower-risk positions. Although this diversification approach may enhance resilience, it's worth noting that mixing different trading styles doesn't always guarantee smoother results. Elite Traders may react differently to the same market event—some cutting losses early, and others ride out volatility—leading to conflicting outcomes within a portfolio. This is why active monitoring and adjusting allocations based on trader behaviour remain crucial. Bitget provides detailed analytics to help copiers assess how different Elite Traders navigate various conditions rather than relying solely on past returns. 5. Stay aware of market conditions and economic events: Market volatility is often driven by macro events, liquidity shifts, and news-driven price reactions. Being informed about major financial events can help copiers anticipate potential risks and adjust their copy trading strategy accordingly. For example: ● During high-impact news events (e.g., US inflation reports, interest rate decisions): Leverage should be reduced, and stop-loss levels adjusted ● During strong trending markets: Using moderate leverage under continuous review can optimise capital efficiency and minimise risks ● When market uncertainty is high (e.g., regulatory crackdowns, exchange liquidations): Copying lower-risk Elite Traders or reducing exposure to highly leveraged trades can help safeguard capital In any case, Bitget's real-time market updates and trader performance insights have proved themselves to be extremely beneficial in the management of copy trading strategies. 6. The role of emotions in market volatility and copy trading: One overlooked aspect of risk management is emotional trading. Many copiers feel secure in following a profitable trader, whereas during extreme volatility, emotions like panic, greed, and fear of missing out (FOMO) can lead to poor decision-making: ● Overconfidence during bull runs: Elite Traders may increase leverage and take on excessive risk under the assumption the trend will continue ● Panic selling during crashes: Copiers might manually stop copying a trader during temporary drawdowns, thus locking in losses unnecessarily ● Chasing high-risk Elite Traders after seeing big profits: FOMO-driven decisions often lead copiers to copy aggressive Elite Traders at market peaks, which expose them to significant downsides To counteract emotional trading, copiers should: ● Set predefined risk parameters and stick to them rather than making decisions based on emotions ● Follow Elite Traders with stable, risk-managed approaches instead of those solely focusing on chasing extreme profits ● Maintain a long-term mindset, recognising that volatility is part of the market cycle Don't forget to check out some of our articles on trading psychology for more explanations: The Trap Of Trading Temptations Dealing With Temptations Stick to Your Personal Ideal Prices to Maximize Profit and Minimize Loss Navigate Loss and Profit Final Words Bitget Copy Trade offers powerful tools for managing leverage and risk in that copiers have full autonomy to customise their strategies for volatile markets. By selecting the right Elite Traders, using margin modes effectively, and adjusting leverage based on market conditions, copiers can aim for optimised profits while safeguarding their capital from unnecessary exposure. A well-balanced approach that combines trader selection, leverage discipline, diversification, and awareness of market conditions is the key to long-term success in copy trading. Please remember that: leverage is a versatile tool—but it must be wielded wisely.

Master Bitget Shark Fin, Bitget Dual Investment & Bitget Savings: The Secret To Growing Your Crypto Like A Pro

Bitget Earn is changing the game for crypto investors, and those in the know are already multiplying their assets like pros. If you're still letting your crypto sit idle, you're missing out on serious profit potential. The secret? Leveraging the right mix of Bitget Shark Fin, Bitget Dual Investment, and Bitget Savings. Whether you're after stable, risk-free returns, high-reward market strategies, or passive income, Bitget Earn has the perfect tool to supercharge your earnings. Bitget Shark Fin: Secure Profits like An Industry Expert with Structured Investments You're playing it safe but want better returns regardless: Bitget Shark Fin is your go-to strategy. This principal-guaranteed structured investment product secures your initial investment, whilst offering juicy APRs when market conditions align with the set range. Why Choose Bitget Shark Fin? Bitget Shark Fin gives you the best of both worlds—the security of principal protection combined with the potential for optimised returns. Your funds remain safeguarded; meanwhile, the structured investment model allows you to earn above-market APRs if the asset price stays within a defined range. It's an ideal choice for investors who want predictability with a touch of extra profit potential. That way, you don't miss out on better earnings even with your risk close to zero. How It Works ● If the asset's price stays within the defined range, you receive an enhanced APR. ● If the asset's price moves outside the range, you nonetheless receive a base APR of 6%. ● Returns are determined based on the price range movement, allowing for potentially higher yields than regular savings accounts. Who's It For? ● Investors who want stability but higher returns than traditional savings ● Those who don't want to stress over market movements ● Anyone looking for a low-risk way to compound crypto earnings Bitget Dual Investment: Turn Market Moves into Profit-Generating Opportunities The market moves every second, and if you're not taking advantage of it, you're leaving money on the table. Bitget Dual Investment lets you capitalise on price changes, no matter if you're aiming to acquire crypto at a set price or convert holdings into stablecoins at a predetermined value. The best part? You earn high interest all throughout the waiting time. Why Choose Bitget Dual Investment? This product is all about strategic positioning. You set a target price, and if the market reaches it, your funds are converted with added interest. If it doesn't, you keep your original asset and still get paid interest. It's a win-win for those looking to increase their holdings or lock in favourable exit points, all while generating passive returns. For investors who like to stay ahead of the curve and make every market movement count, this is unequivocally the tool of choice. How It Works ● Target a conversion price: Set a price at which you want your assets to be converted. ● Accumulate gains as your strategy unfolds: If the market reaches your chosen price, your funds are converted plus extra interest. If not, you retain your original assets and get paid interest. ● Flexible timeframes: Investment periods range from 6 hours to 295 days to give you full control over your strategy. Who's It For? ● Investors who want to profit from price movements instead of just watching the charts ● Those who don't mind waiting for the right price but want to earn in the meantime ● Anyone who wants to actively grow their holdings at reduced risk levels Bitget Savings: A Safe and Reliable Way to Put Your Crypto to Work Want effortless returns without market risks? Bitget Savings is the answer. It's the perfect way to earn guaranteed interest and, simultaneously, keep your funds accessible anytime via Bitget Flexible Savings or lock them in for higher returns with Bitget Fixed Savings. Why Choose Bitget Savings? Sometimes, the best strategy is simplicity. Bitget Savings allows you to earn predictable, secure, and effortless returns without committing to complex strategies. Do you want quick access to funds? Or do you want some higher interest? Bitget Savings makes sure your crypto is working for you without requiring constant management. It's a stress-free way to earn with enormous financial flexibility. How It Works ● Bitget Flexible Savings: Interest starts accruing hourly or daily after deposit, and funds can be redeemed at any time. ● Bitget Fixed Savings: Users lock funds for a specified period (30 or 60 days) for higher returns. Some fixed-term products allow early redemption, but this may result in lower earnings. Who's It For? ● Investors who want a hands-off way to earn crypto interest ● Those who need instant access to funds in parallel with earning returns over time ● Anyone looking for a simple, low-risk way to build crypto wealth Optimising Your Crypto Portfolio with Bitget Earn A well-structured crypto portfolio blends stability, risk-adjusted growth, and strategic positioning. Here's how you can maximise your earnings by combining all three Bitget Earn products. Bitget Savings serves as the foundation of a stable portfolio. By allocating funds to Bitget Flexible Savings, investors maintain both liquidity and a steady passive income. For those willing to commit for better returns, Bitget Fixed Savings provides a higher yet predictable yield. For enhanced yet controlled growth, Bitget Shark Fin offers an ideal solution. It protects principal investments as well as maximising returns through structured pricing models. This ensures stability coupled with APR increases under favourable conditions. Investors looking to actively engage with market dynamics can incorporate Bitget Dual Investment. This product enables capitalising on strategic asset conversions for earnings regardless of whether target prices are met. By integrating these strategies, investors can optimise returns and manage risk effectively. As a result, they can expect their crypto holdings to work efficiently across different market conditions. Below are some possible portfolio scenarios for different investor types: ● A well-balanced portfolio may allocate 40% to Bitget Savings for liquidity, 30% to Bitget Shark Fin for stability, and 30% to Bitget Dual Investment for market-driven opportunities. ● For those focused on maximising returns, a high-yield tactical strategy might allocate 20% to Bitget Savings, 40% to Bitget Shark Fin, and 40% to Bitget Dual Investment for an aggressive yet structured investment mix. ● Conversely, a conservative portfolio may favour 50% in Bitget Savings, 40% in Bitget Shark Fin, and 10% in Bitget Dual Investment for minimal exposure to market fluctuations, yet growth potential is maintained. ● For investors seeking trend-driven growth with capital security, integrating Bitget Smart Trend adds a new dimension to portfolio optimisation. A strategy with 30% in Bitget Savings, 25% in Bitget Shark Fin, and 25% in Bitget Dual Investment can guarantee liquidity, structured stability, and market-driven gains. Investors can also subscribe to Bitget Smart Trend using BGB equal to the remaining 20% of the portfolio, thereby leveraging Bitget's native token to unlock exclusive opportunities and potential benefits. ● More comparisons between Bitget Dual Investment, Bitget Shark Fin, and Bitget Smart Trend can be found here: Bitget Dual Investment: Your Master Key To Smarter Crypto Growth With Bitget Stop Wasting Your Crypto's Potential a.k.a. Start Earning Today! The biggest mistake in crypto investing? Letting your assets sit idle. The smart money is already leveraging Bitget Earn to compound profits, hedge risk, and accelerate growth. Now you know that there's always a Bitget Earn product waiting for you, don't get left behind. Subscribe to Bitget Earn today and be the financial powerhouse of Web3!

The Hidden Risks Of Leverage In Copy Trading: Why Careful Selection Is Key

Bitget Copy Trade has made crypto trading way more accessible by enabling users to follow expert traders, who are known as Bitget Elite Traders, while maintaining control over their own risk exposure. With Bitget offering up to 50x leverage for copy trading, both Elite Traders and copiers gain greater flexibility in capital allocation, which, in turn, allows for dynamic position management. Even though leverage can enhance profitability, it also introduces risks that require careful trader selection and strategic risk management. Copiers must actively evaluate the Elite Traders they copy, adjust their leverage settings, and understand how Bitget Copy Trade Elite verification and monitoring mechanisms work to safeguard their capital. Leverage: A Tool Of Flexibility, Not A Shortcut To Profit Leverage lets Elite Traders amplify their market exposure albeit with less capital upfront. For example, with 10x leverage, a trader can open a $10,000 position with just $1,000. With 50x leverage, the same trader can control $50,000 with the same capital. This provides Bitget Elite Traders with capital efficiency and strategic flexibility. They can now hedge risks and optimise their trading strategies. Copiers also benefit from this adaptability, because they are encouraged to adjust the leverage level they accept and not forced into the same risk exposure as the Elite Trader they follow. However, leverage does not guarantee profitability. It magnifies both potential gains and potential losses. If a highly leveraged trade moves against the trader, losses accumulate much faster, potentially leading to liquidation. Without proper risk management, copiers can inherit these risks unknowingly. How Leverage Works In Copy Trading When copiers copy an Elite Trader on Bitget Copy Trade, they automatically accept the trader's leverage settings unless they change the leverage settings manually. This means that if a trader opens a position using 50x leverage, copiers who have not set a custom leverage limit will experience the same level of exposure. This highlights the importance of understanding a trader's leverage habits and overall risk profile. A trader who frequently pushes extreme leverage limits (e.g., 50x) may expose copiers to unnecessary liquidation risks, whereas a trader using moderate, strategic leverage (e.g., 5x–10x) may provide a more stable experience. Bitget helps mitigate this risk by allowing copiers to: ● Manually adjust their leverage settings to align with their personal risk tolerance ● Monitor Elite Traders' behaviour in real-time to ensure they are comfortable with ongoing risk exposure ● Choose from the list of Elite Traders that are verified and monitored by Bitget to reduce the likelihood of reckless strategies Understanding how leverage is transferred in copy trading is crucial to making informed decisions. Why Blindly Chasing High Returns Is A Pitfall In Copy Trading A common mistake among copiers is selecting Elite Traders based solely on past profits without analysing the risk profile behind those returns. A risk profile refers to the level of risk a trader typically takes in their strategy, including factors such as leverage usage, drawdowns, and position sizing. Some Elite Traders achieve high profits by taking excessive leverage, but these strategies are not always sustainable. Consider two Elite Traders on Bitget Copy Trade. One consistently earns 20% monthly returns, with moderate leverage (3x–10x) and low drawdowns, while the other achieves 70% returns but frequently uses 50x leverage, experiencing large drawdowns. The latter might seem more attractive in the short term; however, their strategy exposes copiers to significantly higher risk. Rather than chasing high returns only, copiers should assess a trader's leverage habits, risk control, and adaptability to market fluctuations. Bitget's Elite Copy Trader verification and monitoring system helps reduce reckless risk-taking among experts, yet copiers must still take an active role in evaluating who they copy. You can always look for verified Elite Traders by ticking the box as marked. The Leverage-Liquidation Cascade: Understanding Systemic Risk In Copy Trading One of the hidden risks in copy trading is the cascade effect of liquidations, particularly when a high-risk trader has thousands of copiers using leverage. If a highly leveraged trader faces liquidation, their forced position closure can trigger a chain reaction of liquidation among copiers, which intensifies the already high selling pressure and further increases volatility. Although Bitget's monitoring of Elite Traders is intended to minimise reckless trading, copiers must proactively manage their leverage exposure to prevent being caught in these cascades. To protect against excessive leverage risks, copiers should: ● Customise their leverage settings based on your risk tolerance: ● Monitor Elite Traders' behaviour before and during the copying period to identify any excessive risk-taking by checking their stats, for example the ones marked below, though not limited to them: ● Diversify across multiple Elite Traders with different leverage profiles and strategies: A summary of each Elite Trader's activities is available for review before users have to take any action, including trading frequency, ROI, total profit, pairs available for copy trading, asset allocation, position duration, trading volume, their order history, their copiers' list (with trading volume and profit for each individual). Badges and profile descriptions are also different ways to evaluate their strategies. By using Bitget's built-in risk management tools, copiers can maintain better control over their exposure for a more sustainable approach to copy trading. Understanding Market Volatility: Navigating Uncertainty In Copy Trading Market volatility refers to the frequency and intensity of price movements. It is one of the most significant factors influencing leveraged trading outcomes. During high-volatility periods, all traders often experience rapid price swings, which can trigger stop-losses or liquidations before a trade has time to recover. The impact is even greater for highly leveraged positions, as small price fluctuations can result in full account losses. Volatility does not only affect individual trades—it shapes overall market sentiment. A sudden price surge or drop can trigger panic-driven liquidations, compounding losses across multiple positions and traders. Understanding these market dynamics is key to avoiding unnecessary risk exposure in copy trading. Risk Management Strategies For Copiers Successful copy trading requires active risk management rather than passive following. First, copiers should set realistic expectations. Copy trading is not a guaranteed profit generator, and losses are possible. Leverage should be used strategically, not emotionally. Regular monitoring is crucial. Even though Bitget Copy Trade provides real-time tracking and Elite Trader verification, market conditions change rapidly. Therefore, copiers should periodically: ● Review trader performance and strategy shifts ● Reassess their leverage settings based on market conditions ● Diversify their portfolio to reduce reliance on a single trader's approach Key takeaway: Leverage is a tool, not a guarantee of success. Granted that Bitget Copy Trade provides flexibility, expert verification, and monitoring, successful copy trading still requires active participation from copiers. By selecting Elite Traders wisely, adjusting leverage settings, and staying aware of risk dynamics, copiers can optimise their opportunities while maintaining long-term capital preservation.

New User Guide (2025): How To Withdraw Your Crypto Assets - Mobile Version

Welcome to Bitget, where your crypto journey is built for success and prosperity. As you navigate the world of digital assets, there comes a time to reap the rewards of your trading and investment strategies. Withdrawing your profits is a seamless process on Bitget that ensures you can securely access and manage your funds whenever needed. This guide will walk you through the steps to withdraw your assets efficiently on the Bitget App for mobile devices, including key considerations to guarantee a smooth experience. With us, you are empowered to take full control of your financial journey. On-chain Withdrawals For those looking to withdraw assets directly to an external wallet, Bitget supports on-chain withdrawals across multiple networks. Step 1: Open the Bitget app on your mobile device. Log in to your Bitget account and tap on the [Assets] symbol (the wallet symbol) on the right of the menu bar. Tap on [Withdraw] to proceed. Step 2: Select the coin/token to be withdrawn. For this example, we will refer to USDT as the coin to be withdrawn to the user's Web3 wallet. Once you have tapped on USDT, you'll be asked if you want to make an on-chain withdrawal or internal withdrawal (withdrawal to another Bitget account). Tap on [On-chain withdrawal]. Step 3: Choose the blockchain/network of the asset you want to withdraw. Now you need your Web 3 wallet address. For this example, we will use Bitget Wallet to show you how to copy your Web3 wallet address for the withdrawal process. Open your Web 3 wallet, click on [Receive] and choose the asset you want to withdraw, for example USDT on the BNB Chain Mainnet. You will receive a QR code and a receiving address as shown in the image below. Copy the address and paste it to your Bitget app. Bitget Wallet also has a built-in function that allows users to receive directly from Bitget. Step 4: Enter the amount to be withdrawn into your Web3 wallet. Note that you will need to pay for gas fees when you make on-chain transactions, therefore enter a slightly higher amount than your planned amount. A gas fee in a crypto transaction is the cost paid to blockchain validators for processing and confirming transactions, with the amount varying based on network congestion and transaction complexity. Bitget does not charge this fee. You need to review the transaction fees and the amount to be received before clicking on [Withdraw] again to proceed. Afterwards, you will be asked to complete the verification steps for security reasons. Once done, kindly wait for a few minutes for the transaction to be completed. Transaction time varies based on the blockchain network's congestion and processing speed, not Bitget, as on-chain withdrawals rely on the chosen blockchain's validators to confirm and finalise the transaction. Internal Withdrawals This guide is for users wanting to withdraw their assets to another Bitget account. Step 1: Open the Bitget app on your mobile device. Log in to your Bitget account and tap on the [Assets] symbol (the wallet symbol) on the right of the menu bar. Tap on [Withdraw] to proceed. Step 2: Select the coin/token to be withdrawn. For this example, we will refer to USDT as the coin to be withdrawn to the user's Web3 wallet. Once you have tapped on USDT, you'll be asked if you want to make an on-chain withdrawal or internal withdrawal (withdrawal to another Bitget account). Tap on [Internal transfer]. Step 3: You can either enter the email address, phone number, or the UID (user ID) of the receiving Bitget account. Then enter the amount to be withdrawn to that Bitget account, review the transaction, and click [Withdraw]. Complete any required verification steps for security purposes, and the funds will be deposited to the receiving Bitget account instantly, at zero cost! To find the UID of the receiving Bitget account, simply ask the account holder to open their Bitget app, tap on the icon on the top left of the app, and copy the UID as marked in the image below. Fiat Withdrawals The Bitget app also supports fiat withdrawals via Bank Transfer. Please note that when you make fiat withdrawals, you are converting your crypto assets back into the fiat currency of your choice. Step 1: Open the Bitget app on your mobile device. Log in to your Bitget account and tap on the [Assets] symbol (the wallet symbol) on the right of the menu bar. Tap on [Withdraw] to proceed. Step 2: Tap on [Fiat] as marked in the image and select the fiat currency you want to withdraw. Step 3: Select the payment method before tapping [Next]. You will then be asked to enter the amount to be withdrawn and your bank account. Review your order carefully, especially your bank details and the transaction fees. This fee is collected by the processing banks and not by Bitget. Complete the security verification steps. Processing time may vary, depending on your selected fiat currency and the processing banks.

New User Guide (2025): How To Withdraw Your Crypto Assets - Web Version

Welcome to Bitget, where your crypto journey is built for success and prosperity. As you navigate the world of digital assets, there comes a time to reap the rewards of your trading and investment strategies. Withdrawing your profits is a seamless process on Bitget that ensures you can securely access and manage your funds whenever needed. This guide will walk you through the steps to withdraw your assets efficiently on the Bitget website, including key considerations to guarantee a smooth experience. With us, you are empowered to take full control of your financial journey. On-chain Withdrawals For those looking to withdraw assets directly to an external wallet, Bitget supports on-chain withdrawals across multiple networks. Step 1: Log in to your Bitget account and hover the pointer on the wallet icon on the top right of the navigation bar. Click on [Withdraw]. Step 2: Select the coin/token to be withdrawn and the corresponding blockchain/network by clicking on the arrow buttons as marked below. Now you need your Web 3 wallet address. For this example, we will use Bitget Wallet to show you how to copy your Web3 wallet address for the withdrawal process. Open your Web 3 wallet, click on [Receive] and choose the asset you want to withdraw, for example USDT on the BNB Chain Mainnet. You will receive a QR code and a receiving address as shown in the image below. Copy the address and paste it to your Bitget withdrawal site. Click [Withdraw]. Bitget Wallet also has a built-in function that allows users to receive directly from Bitget. Step 3: Enter the amount to be withdrawn into your Web3 wallet. Note that you will need to pay for gas fees when you make on-chain transactions, therefore enter a slightly higher amount than your planned amount. A gas fee in a crypto transaction is the cost paid to blockchain validators for processing and confirming transactions, with the amount varying based on network congestion and transaction complexity. Bitget does not charge this fee. You need to review the transaction fees and the amount to be received before clicking on [Withdraw] again to proceed. Afterwards, you will be asked to complete the verification steps for security reasons. Once done, kindly wait for a few minutes for the transaction to be completed. Transaction time varies based on the blockchain network's congestion and processing speed, not Bitget, as on-chain withdrawals rely on the chosen blockchain's validators to confirm and finalise the transaction. Internal Withdrawals This guide is for users wanting to withdraw their assets to another Bitget account. Step 1: Log in to your Bitget account and hover the pointer on the wallet icon on the top right of the navigation bar. Click on [Withdraw]. Step 2: Select the coin/token to be withdrawn and click on [Internal transfer] as marked in the image below. You can either enter the email address, phone number, or the UID (user ID) of the receiving Bitget account. Then enter the amount to be withdrawn to that Bitget account, review the transaction, and click [Withdraw]. Complete any required verification steps for security purposes, and the funds will be deposited to the receiving Bitget account instantly, at zero cost! To find the UID of the receiving Bitget account, simply ask the account holder to hover their pointer to the avatar on the top right of the navigation bar and copy the UID as marked in the image below. Fiat Withdrawals Bitget also supports fiat withdrawals via Bank Transfer, Quick Sell, and P2P Trading. Please note that when you make fiat withdrawals, you are converting your crypto assets back into the fiat currency of your choice. Step 1: Log in to your Bitget account and hover the pointer on the wallet icon on the top right of the navigation bar. Click on [Withdraw]. Step 2: Click on [Withdraw fiat] on the left menu bar as marked in the image below. Step 3: You'll automatically be redirected to the Bank Transfer option for fiat withdrawals. Select the fiat currency you want to withdraw and the payment method before clicking [Next]. You will then be asked to enter the amount to be withdrawn and your bank account. Review your order carefully, especially your bank details and the transaction fees. This fee is collected by the processing banks and not by Bitget. Complete the security verification steps. Processing time may vary, depending on your selected fiat currency and the processing banks. Step 4: You may also go to Quick Buy then click [Sell] for faster processing time. An alternative way is to sell your crypto assets on our P2P marketplace. For detailed guides on these options, please check out the following articles: How To Make Fiat Deposits via OTC, Cash Conversion, Third-party Payments How To Make Fiat Deposits Via P2P Trading

SEC Takes Key Step Toward Approving Solana, Litecoin, and XRP ETFs

The U.S. Securities and Exchange Commission (SEC) acknowledged multiple crypto-related ETF applications, marking a potential shift in regulatory stance. The SEC formally recognized Grayscale’s applications for Solana (SOL) and Litecoin (LTC) ETFs and BlackRock’s proposal for in-kind creations and redemptions on its iShares Bitcoin ETF. Additionally, Cboe filed 19b-4 documents to list and trade XRP ETFs from Bitwise, 21Shares, Canary Capital, and WisdomTree. This move is significant because it signals that the SEC may be more open to approving ETFs beyond Bitcoin and Ethereum, particularly for assets previously classified as securities. Bloomberg ETF analyst Eric Balchunas called this a “notable” development, suggesting it reflects a leadership-driven shift at the SEC. While the acknowledgment does not guarantee approval, it ties the SEC to a strict timeline for decisions. Companies now appear more confident in launching ETFs for a broader range of cryptocurrencies under the agency’s current administration. The SEC has until October to approve or deny Grayscale’s Solana ETF, highlighting the evolving regulatory landscape for digital asset investment products Source: CoinDesk Futures Market Updates In the past 24 hours, BTC futures saw a slight decrease in open interest by 0.43%, while ETH futures experienced a more significant drop of 5.89%. BTC's trading volume rose by 13.86%, significantly outperforming ETH, which saw a decline of 12.40% in volume. Liquidations for both assets favored shorts, with BTC liquidating $29.27M in shorts compared to ETH's $29.90M. The long/short ratios were nearly even for BTC, while ETH saw a slightly higher short position at 51.36%. Additionally, BTC's funding rate was higher at 0.0054%, compared to ETH's 0.0006%. BTC Futures Updates Total BTC Open Interest: $59.00B (-0.43%) BTC Volume (24H): $73.32B (+13.86%) BTC Liquidations (24H): $5.42M (Long)/$29.27M (Short) Long/Short Ratio: 49.71%/50.29% Funding Rate: 0.0054% Ether Futures Updates Total ETH Open Interest: $23.42B (-5.89%) ETH Volume (24H): $40.85B (-12.40%) ETH Liquidations (24H): $1.97M (Long)/$29.90M (Short) Long/Short Ratio: 48.64%/51.36% Funding Rate: 0.0006% Top 3 OI Surges GEMS: $641.60K (+147.28%) FORTH: $5.47M (+124.64%) VR: $2.24M (+114.35%)