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Crypto Taxes: Everything You Need to Know (2025 Edition)

Cryptocurrency has gone mainstream—whether you’re trading Bitcoin, minting NFTs, or yield farming on DeFi platforms, digital assets are no longer flying under the radar. But with greater adoption comes tighter regulation. In 2025, crypto taxes are unavoidable in most countries, and understanding how they work is critical for staying compliant—and keeping more of your gains. This comprehensive guide explains how crypto taxes work, what’s changed in 2025, and how to make your crypto tax reporting. Do You Have to Pay Taxes on Crypto? In most countries, yes. Even though crypto isn’t considered legal tender in most jurisdictions, it is usually treated as property, assets, or digital commodities—and that means it’s taxable. Simply buying and holding crypto isn’t taxable. But when you sell, swap, spend, or earn crypto, you may have to pay taxes. Crypto Tax Laws by Country Crypto taxation varies significantly from one country to another. Some treat digital assets like stocks. Others like property. A few don’t tax them at all. Here’s how some of the world’s major economies—and tax havens—approach crypto in 2025. United States The IRS treats cryptocurrency as property. Selling, swapping, or spending crypto triggers capital gains tax, while earning crypto through mining, staking, or airdrops is taxed as income. Capital Gains Tax Rates: Short-term (held ≤ 1 year): taxed as ordinary income (10%–37%) Long-term (held > 1 year): taxed at 0%, 15%, or 20%, based on income Income Tax: Mining, staking, airdrops, or payments in crypto are taxed as ordinary income when received. What’s New: Crypto exchanges must issue Form 1099-DA, reporting sales to the IRS and users. Cost basis reporting will become mandatory in 2026. DeFi platforms and self-custody wallets are currently not required to report, but users remain responsible for compliance. The IRS is increasing enforcement, and crypto tax non-compliance may result in audits, penalties, or criminal charges. United Kingdom The UK classifies crypto as property and applies Capital Gains Tax (CGT) to disposals, while income from crypto (e.g., mining, staking, or getting paid) is subject to Income Tax. Capital Gains Tax: 18% for basic-rate taxpayers 24% for higher/additional-rate taxpayers Annual CGT exemption is now just £3,000 Income Tax: Crypto earned from work, services, mining, or staking is taxed as income at 20%, 40%, or 45%. HMRC also uses share pooling rules and the 30-day rule to calculate gains. DeFi tax guidance is currently under review, with new legislation expected soon. European Union There is no unified EU crypto tax law—each country sets its own rules: France: 30% flat tax on crypto-to-fiat gains. Crypto-to-crypto is not taxed. Germany: Crypto held over one year is completely tax-free. Short-term gains are taxed as income. Italy: 26% flat tax on gains above €2,000. A proposed law may raise this to 42%. Portugal: Crypto gains are tax-free if the assets are held for over a year. Short-term gains are taxed at 28%. What’s Coming: By 2026, DAC8 will require all EU crypto platforms to report user transactions to tax authorities—similar to the U.S. 1099-DA. Canada Canada treats cryptocurrency as a commodity, not legal tender or foreign currency. Crypto is taxed under Capital Gains Tax or Income Tax, depending on use. Investors: Capital gains apply when you sell or trade crypto. Only 50% of the gain is taxable at your marginal income rate. Traders and Miners: If you trade frequently or operate a crypto-related business, profits may be taxed as business income (100% taxable). Crypto Income: Earnings from mining, staking, or receiving crypto for goods/services are taxed as income at the full marginal rate. Canada Revenue Agency (CRA) requires clear records of every transaction, including fiat values and wallet details. Crypto-to-crypto trades are also taxable. Japan Japan taxes cryptocurrency as miscellaneous income for individuals, not capital gains. This places crypto under higher progressive tax rates. Income Tax: Profits from trading, mining, or earning crypto are taxed up to 55% (national + local) depending on total income. No distinction between long-term and short-term gains. Crypto-to-crypto transactions are also taxable events. Crypto Tax Havens: Where Crypto Gains Aren’t Taxed Some countries offer zero or minimal tax on crypto gains, especially for long-term holders or qualified residents. Note: Tax residency, minimum stay requirements, and compliance with local laws are essential to benefit from these regimes legally. What’s Next for Crypto Taxes? Crypto taxation is evolving fast, and 2025 is just the beginning. Here’s what to expect going forward: 1. Global Reporting Standards: Governments are tightening oversight. The U.S. has introduced Form 1099-DA, and the EU’s DAC8 directive will require platforms to report user data across borders by 2026. International frameworks like the OECD’s CARF are also gaining traction. 2. DeFi and NFTs Under Review: Expect clearer tax rules on staking, lending, liquidity pools, and NFTs. Many jurisdictions are drafting legislation to close current gaps in DeFi taxation. 3. Smarter Tech, Less Anonymity: Blockchain analytics and AI-powered tax tools are making it easier for tax agencies to trace and audit crypto activity—especially across centralized and decentralized platforms. 4. Rise of Crypto-Friendly Jurisdictions: More countries are offering tax incentives, digital nomad visas, and crypto hubs to attract talent and capital—while others may introduce stricter exit or wealth taxes. 5. From Avoidance to Optimization: As rules become clearer, the focus will shift to legal tax strategies: long-term holding, loss harvesting, and smart residency planning. Make Tax Reporting Easier with Bitget Tax API For crypto investors, one of the biggest challenges isn’t knowing that crypto is taxable—it’s tracking and organizing all the transactions needed for accurate reporting. With growing tax obligations and stricter enforcement globally, keeping clean records has become essential. To simplify this process, Bitget has introduced a dedicated Tax API that helps users retrieve and organize their trading history across the platform for tax reporting. What the Bitget Tax API Offers Secure Access to Transaction Data: Once users enable Google 2FA and create an API key, they can automatically retrieve their full transaction history—no more manual exports. Seamless Partner Integration: Bitget integrates with trusted crypto tax tools like KoinX, allowing users to sync data directly and generate detailed, compliant tax reports. Faster, Error-Free Filing: With all trading records formatted and imported into tax software, users can reduce reporting errors and avoid potential audits or penalties. How to Use It Log in to Bitget and navigate to the Tax API section. Enable Google 2FA and generate a new API key. Connect to a tax partner (e.g., KoinX) and begin syncing your data. Generate reports based on your location’s tax rules and submit accordingly. As crypto tax rules become more rigorous, tools like Bitget’s Tax API are essential for staying compliant while minimizing administrative burden. Final Thoughts Crypto taxation may feel complex, but it’s a sign of the industry’s growth and permanence. As governments refine their policies, investors and builders alike are gaining the clarity they need to operate responsibly and strategically. Staying informed is no longer optional — it’s part of being a modern crypto participant. Understanding how, when, and where your crypto is taxed is now just as important as knowing when to buy or sell. Fortunately, the tools and guidance available are improving. With more standardized rules, automated reporting solutions, and growing support from exchanges like Bitget, crypto users have what they need to stay compliant without getting overwhelmed. In this next chapter of digital finance, those who plan ahead — and treat taxes as part of their long-term strategy — will be best positioned to thrive. 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.

Buy Bitcoin with a Credit Card Instantly—But Read This First!

As Bitcoin continues to gain global traction in 2025, more individuals and institutions are seeking convenient ways to purchase the cryptocurrency. Among the fastest methods available today is the option to buy Bitcoin with a credit card instantly. While this approach offers speed and simplicity, prospective buyers should be aware of essential considerations to ensure safe and efficient transactions. This comprehensive guide examines how users can purchase Bitcoin instantly using a credit card, why this method has gained popularity, and step by step to buy BTC on Bitget with credit card. The Growing Popularity of Buying Bitcoin with a Credit Card In the past, buying Bitcoin often required complex procedures and lengthy waiting periods. Today, credit cards have revolutionized the process, allowing users to purchase Bitcoin almost instantly. As of 2025, buying Bitcoin with a credit card has become a mainstream method for both new investors and experienced traders. The appeal lies in its immediacy. Credit cards give users direct access to Bitcoin, enabling them to react swiftly to market fluctuations. In a highly volatile environment, the ability to buy Bitcoin with a credit card instantly offers a strategic advantage. Why Investors Are Choosing Credit Cards for Bitcoin Purchases Instant Transactions The speed of credit card transactions is unmatched. While traditional bank transfers can take days, Bitget allows users to complete their Bitcoin purchase within minutes. This is critical for capitalizing on rapid price changes in the market. Familiarity and Accessibility Most users are already familiar with credit card payments. This makes the process of purchasing Bitcoin less intimidating, particularly for first-time investors. Additionally, credit cards are globally accessible, allowing millions of users to participate in the crypto economy. User-Friendly Platforms Bitget simplifies the process of buying Bitcoin with a credit card. With a streamlined interface, clear instructions, and responsive customer support, the platform ensures a smooth experience for both beginners and seasoned investors. How to Buy Bitcoin with a Credit Card Instantly on Bitget: A Step-by-Step Guide For Web Users Step 1: Access the Buy Crypto Page Navigate to “Buy Crypto” and select your preferred fiat currency. Then, proceed to the Credit/Debit Card page. Step 2: Enter the Amount Specify the amount of fiat currency you want to spend. The estimated Bitcoin amount will automatically display. Step 3: Add a New Card If no card is linked before, you will be prompted to add a credit or debit card. Step 4: Enter Card Details Provide your card number, expiry date, and CVV (ensure you have the physical card with you). Step 5: Confirm Purchase Review the transaction details, including fees and the exchange rate, before confirming the purchase. Step 6: Complete 3D Secure (3DS) Authentication Follow the 3DS authentication process. Note that you have three attempts to complete this verification. Step 7: Payment Processing After successful authentication, a "Payment Pending" notification will appear. Wait a few minutes for confirmation and avoid refreshing or exiting the page. For App Users Step 1: Open the Bitget App Log in and select “Add Funds,” then choose “Credit/Debit Card” as the payment method. Step 2: Select Fiat Currency and Crypto Input the amount to spend and the system will display the corresponding Bitcoin amount. Step 3: Add a New Card If you haven’t linked a card yet, tap “Add New Card” and enter your card details. Step 4: Confirm the Transaction Review the purchase details and confirm the transaction. Step 5: Complete 3D Secure (3DS) Authentication Authorize the transaction through the 3DS verification process. Step 6: Payment Processing A “Payment Pending” message will display. Wait a few minutes for the transaction to be finalized. Benefits of Buying Bitcoin with a Credit Card on Bitget Fast Processing and Instant Access Bitget’s infrastructure enables rapid transaction processing, allowing users to buy Bitcoin with a credit card instantly. This feature is especially valuable for traders responding to time-sensitive market events. Transparent Fees Unlike some platforms that include hidden charges, Bitget provides full transparency regarding transaction fees. Users can review all costs before confirming their purchase. Security and Compliance Bitget employs industry-leading security measures, including encryption, two-factor authentication (2FA), and cold wallet storage. The exchange is also compliant with international regulatory standards, reinforcing its credibility and reliability. Best Practices for Buying Bitcoin with a Credit Card ● Review All Fees: Always review the transaction fees and conversion rates before proceeding. ● Use Strong Security Measures: Activate two-factor authentication and ensure your account is secured with a complex password. ● Stay Informed About Local Regulations: Regulatory frameworks for cryptocurrency differ by country. Users should ensure compliance with local laws. ● Invest Responsibly: Due to Bitcoin’s price volatility, users should avoid investing more than they can afford to lose. Frequently Asked Questions (FAQs) 1. Can I really buy Bitcoin with a credit card instantly? Yes. Once your Bitget account is verified and your payment is authorized, Bitcoin is typically credited to your account within minutes. 2. Is it safe to buy Bitcoin with a credit card? Buying Bitcoin with a credit card is safe when using a reputable and secure platform like Bitget. Bitget employs advanced encryption, two-factor authentication (2FA), and other security measures to protect users' funds and personal data. 3. Why did my credit card payment get declined? Some banks restrict crypto-related transactions. Contact your bank or try a different card that supports crypto purchases. 4. What types of credit cards does Bitget accept? Bitget accepts major credit cards, including Visa and Mastercard. Make sure your card issuer permits cryptocurrency purchases to avoid any issues. 5. Is buying Bitcoin with a credit card better than other methods? It depends on your priorities. If speed and convenience are important, buying with a credit card is ideal. However, if you prefer lower fees, bank transfers or P2P platforms may be more cost-effective. Bitget offers multiple payment options to fit different needs. 6. How much does it cost to buy Bitcoin with a credit card on Bitget? You can buy Bitcoin without any fees on Bitget. During the Flash Monday promotion, users can buy Bitcoin with zero fees every Monday from 8:00 PM to Tuesday 8:00 PM (UTC+8) when using Visa, Mastercard, Google Pay, or Apple Pay. Conclusion The ability to buy Bitcoin with a credit card instantly offers unmatched convenience and speed, enabling users to capitalize on market opportunities as they arise. However, it is crucial to approach this option with an understanding of the associated fees, security risks, and best practices. Bitget provides a secure, transparent, and efficient solution for those looking to purchase Bitcoin quickly with a credit card. By following the outlined steps and taking necessary precautions, users can enjoy a seamless and rewarding experience. Sign up on Bitget and buy Bitcoin instantly with no extra costs! 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.

How to Buy Bitcoin with PayPal: A Complete Guide for 2025

In recent years, Bitcoin has solidified its position as a leading digital asset, drawing in both seasoned investors and first-time crypto enthusiasts. As adoption increases, so does the demand for more accessible purchasing options. One such method that's gaining popularity is the ability to buy Bitcoin with PayPal. This article serves as a comprehensive guide on how to buy Bitcoin with PayPal, breaking down the background, key methods, common user issues, and real-world strategies to ensure your transactions are secure, efficient, and cost-effective. Why Buying Bitcoin with PayPal Matters As cryptocurrencies become more mainstream, the importance of seamless integration with traditional financial systems becomes clear. PayPal, with over 400 million users globally, offers a bridge between fiat and crypto for millions of people. Accessibility for First-Time Buyers One of the main appeals of using PayPal to purchase Bitcoin is its user-friendly interface and established trust with consumers. Traditional exchanges may seem intimidating to new users, but PayPal provides a familiar platform. This ease of use helps onboard the next wave of crypto users. Speed and Convenience With PayPal, transactions can be completed within minutes, especially when compared to traditional bank transfers that might take days. The ability to quickly convert funds into Bitcoin is essential in a market where prices can change rapidly. Enhanced Security and Buyer Protection PayPal has long been recognized for its security protocols and buyer protection policies. While these features are traditionally associated with e-commerce, they add a layer of perceived safety when dealing with cryptocurrency, which is often seen as risky or volatile. Integration with Global Platforms As more global e-commerce and fintech platforms integrate Bitcoin payments, PayPal's role becomes even more crucial. Being able to buy Bitcoin with PayPal directly empowers users to engage in the broader digital economy seamlessly. How to Buy Bitcoin with PayPal While not every exchange supports PayPal as a payment method, there are still secure and reliable ways to buy Bitcoin with PayPal. These include direct PayPal purchases, peer-to-peer (P2P) platforms, and crypto on-ramps. Option 1: Buy Bitcoin Directly Through PayPal In select countries, PayPal users can buy Bitcoin directly through their PayPal accounts. Steps: Log in to your PayPal account. Navigate to the "Crypto" section. Choose Bitcoin and click "Buy." Enter the purchase amount and confirm the transaction. Note: Bitcoin purchased through PayPal cannot be withdrawn to external wallets. This option is ideal for holding or selling within PayPal's ecosystem. Option 2: Use a P2P Platform That Accepts PayPal P2P platforms connect you with individual sellers who accept PayPal. Steps: Register and verify your account on a trusted P2P platform. Filter sellers who accept PayPal. Review seller ratings and terms. Initiate the trade and send the PayPal payment. Receive Bitcoin once the seller confirms payment. Safety Tip: Always use platforms with escrow services to protect both parties. Option 3: Buy Gift Cards with PayPal and Redeem for Bitcoin Some users purchase gift cards with PayPal and redeem them on platforms that allow buying Bitcoin with gift cards. This is a workaround that requires extra steps but is viable in limited scenarios. Common Issues When Trying to Buy Bitcoin with PayPal 1. Limited Transferability Bitcoin bought directly through PayPal cannot be transferred to an external wallet. Solution: Use this method only if you intend to hold or sell Bitcoin within PayPal. Otherwise, opt for P2P purchases. 2. High Transaction Fees PayPal transactions may carry higher fees compared to bank transfers or crypto-specific platforms. Solution: Compare seller offers, account for spread rates, and consider transaction fees when calculating your cost basis. 3. Scam Risks on P2P Platforms P2P markets are convenient but may attract fraudulent sellers. Solution: Only trade with verified users. Read seller reviews and ratings. Use platforms with an escrow service. 4. Account Limitations Frequent or large-value crypto purchases through PayPal might trigger account limitations. Solution: Stay within reasonable transaction limits and avoid suspicious patterns that might flag your account. Real-World Use Cases for Buying Bitcoin with PayPal Case 1: Quick Entry into Crypto Markets James, a freelance developer, wanted to enter the Bitcoin market without using his bank account. Using PayPal, he purchased $200 in BTC on a P2P platform and held it in his private wallet within an hour. Case 2: Diversifying Payment Methods Amira, a remote worker from Southeast Asia, preferred PayPal due to local banking restrictions. She used PayPal to purchase Bitcoin from a trusted seller, diversifying her income and creating an alternative investment stream. Case 3: Leveraging Familiar Platforms Michael, an e-commerce entrepreneur, trusted PayPal due to years of using it for business. By buying Bitcoin directly through PayPal, he began exploring crypto investing without needing a new platform. Best Practices for Safe Bitcoin Purchases with PayPal To ensure a smooth and secure experience when you buy Bitcoin with PayPal, follow these best practices: Enable Two-Factor Authentication (2FA): Use 2FA on both your PayPal and crypto-related accounts. Keep Records: Document all transactions, especially when using P2P platforms. Start Small: Test the waters with a small purchase before committing larger funds. Monitor Prices: Track Bitcoin’s market value to make more informed decisions. Secure Your Assets: If possible, transfer Bitcoin to a hardware or private wallet after purchase for enhanced security. Final Thoughts In 2025, the ability to buy Bitcoin with PayPal blends the convenience of traditional fintech with the revolutionary potential of decentralized digital assets. Whether you are looking to diversify your portfolio, access crypto in underserved regions, or simply prefer using a familiar payment method, PayPal can be a bridge into the world of Bitcoin. Just remember: while PayPal offers speed and accessibility, not all methods allow full control of your Bitcoin. Choose the approach that aligns with your goals—whether that’s direct investment, wallet control, or simply getting started in crypto. Stay informed, stay secure, and let Bitcoin be a tool for financial freedom. Frequently Asked Questions (FAQs) 1. Can I buy Bitcoin directly with PayPal? Yes, PayPal offers a crypto feature that allows users in select countries to buy Bitcoin directly through their account. However, this Bitcoin cannot be transferred out of PayPal's ecosystem. 2. Can I transfer Bitcoin bought via PayPal to another wallet? Currently, Bitcoin bought directly on PayPal cannot be moved to an external wallet. To gain full custody, consider using P2P platforms that support PayPal transactions. 3. Is buying Bitcoin with PayPal legal? In most countries, yes. However, always check your local laws and regulations before making any crypto purchase. 4. Are there limits to how much Bitcoin I can buy with PayPal? Yes, PayPal and platforms that support it often have purchase limits, especially for unverified accounts. Verify your identity to increase limits. 5. Is it worth buying Bitcoin with PayPal in 2025?If you value convenience and speed, yes. Just be aware of the limitations and consider your long-term storage and trading plans. 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.

Bitget Card: An Ultimate Tutorial

The world of crypto has seen no shortage of ups and downs. With each down, the public learns something new about this groundbreaking innovation, and with each up, blockchain technology seeps deeper into our lives. Bitget Card is one such product in this process, bridging the gap between crypto and fiat currencies and offering an array of exclusive perks and benefits that cater to the needs of modern crypto users. Bitget Card Eligibility Eligibility For now, the Bitget Card is made for VIP customers and by invitation only. You may check the Bitget VIP program here. Currently, a single Bitget user ID can only order one Bitget Card. No additional cards are supported. Supported Countries/Regions Please check the list of eligible countries/regions here. Bitget Card Application Process Currently, the Bitget Card is open only to selected VIP traders. Bitget Card is available in two versions: Premium and Black. The Black card is exclusive to VIP 4, 5, 6, and 7 traders. Applicants must complete KYC Level 1 and submit a valid proof of address to complete KYC Level 2. To maximise users' convenience, we have streamlined the process to provide an estimated application time for the Bitget Card at around 2 minutes. Complete KYC Level 1 You'll need to verify your identity information. Please refer to our guides on how to KYC on Bitget: How to Complete KYC on Bitget Complete KYC Level 2 Now you will upload a Proof of Address (PoA) document dated within the last 3 months. Examples of acceptable proof of address documents can be found here. Please note that the name in the applicant's PoA document needs to be completely consistent with the name of the identity information. Here's the How-To: Step 1: Log in and access your white-listed Bitget account. Step 2: Navigate to the card application page . Step 3: Click [Apply] and you'll see a pop-up requirement to configure your account security. Step 4: Click on [Upgrade], verify the information and upload your PoA as required. Step 5: After you have submitted your PoA, the verification status will be changed to [Under Review]. Submit Card Application Step 1: Log in and access your white-listed Bitget account. Step 2: Navigate to the card application page and click [Apply]. Step 3: Choose any preferred name for embossment on your Bitget Card. It will be printed on the back of your Bitget Card. Step 4: Enter your shipping address. It does not necessarily have to be consistent with the address on your PoA document, but you need to make sure that you yourself can receive the card delivery. Step 5: Set your card PIN. Step 6: Review and confirm your details. Step 7: You'll see this message after successful application. Making the Most of Your Bitget Card Instant Virtual Card Access after Successful Application Upon successful application, your virtual card will be immediately available on your [Funding Account] page. Click on [More] as shown in the image to view your card number, expiry date, and CVV code, and configure your spending limit, freeze your card, reset your PIN, replace your card, and contact customer service. This is also where you can track your spending and card activity and lock your card in case of emergency. The virtual card can be used immediately through supported wallets like Apple Pay, Google Pay, and Alipay, Meituan, DDT, and other mainstream wallets and is perfect for online shopping, in-app purchases, and paying utility bills. Please use this guide to learn how to add your Bitget Card to your preferred online payment services . Your Physical Card Is Accepted in 180+ Countries and Regions Your physical Bitget Card should arrive at the address of your choosing within 45 business days. If you do not receive it within the given time frame, please contact us immediately at card@bitget.com. The physical Bitget Card will come with a 6-digit activation code; you'll use this code to activate your physical Bitget Card in the Bitget Card Dashboard. Bitget Card enables real-time conversion of your funding account balance to U.S. dollars when you make a purchase. As a multicurrency Visa card, Bitget Card offers significant spending limits and is accepted in over 180 countries and regions. Visa will automatically convert your currency for non-USD spending, with all payments deducted from your Funding Account's USDT balance. The physical Bitget Card can be used for various types of transactions: POS Machines: Use the physical Bitget Card for in-person payments at any POS machine that accepts Visa. The card supports various payment methods, including contactless payment, chip card reading, and side-swiping. ATM Withdrawals: Withdraw cash from any ATM with a Visa logo using your physical Bitget Card. Be aware that applicable fees and withdrawal limits may apply. Foreign Currencies: The Bitget Card allows you to pay in foreign currencies such as GBP, EUR, HKD, TWD, VND, AUD, and more. Note that a foreign transaction fee will apply for these transactions. Account Balance Management, Spending Limits, and Fee Schedule Account Balance and Spending Power To determine how much you can spend with your Bitget Card, follow these steps: Step 1: Check Your Available Balance: Ensure you have sufficient funds in your Bitget USDT funding account. The available balance is the amount you can use for transactions. Step 2: Consider the Temporary Frozen Amount: When you authorize a transaction, Bitget temporarily freezes 120% of the transaction amount. This extra 20% acts as a security measure to cover any potential fees or charges. The unfreezing process usually occurs as soon as the transaction is cleared, but it may take some time to be reflected in your Bitget Card balance due to Visa and/or bank processing. Step 3: Calculate Your Spending Power: Your effective spending power is the amount in your funding account divided by 1.2. This ensures you have enough to cover both the transaction and the temporary freeze. Example Calculation Available Balance: $1,200 Effective Spending Power: $1,200 / 1.2 = $1,000 In this example, with an available balance of $1,200, you can spend up to $1,000. The additional $200 will be temporarily held and released once the transaction is cleared. Spending Limits Monthly Spending Limit Spending Limit per Transaction Card Level 1 $300,000 $10,000 Card Level 2 $500,000 $100,000 Card Level 3 $1,500,000 $500,000 Card Level 4 $3,000,000 N/A Fee Schedule Fee Type Rate Annual fee none Virtual card & first physical card issuance fee none Physical card re-issuance/replacement fee Virtual card: $10 | Premium card: $59 | Black card: $199 Inactivity fee $1 per month after 12 months of inactivity Card cancellation fee none Crypto conversion fee 0.90% ATM withdrawal fee $0.65 + 2% of transaction volume Chargeback investigation fee 50 USDT ATM Withdrawal Limits and Frequency Limit/Frequency Value Daily withdrawal limit $2,000 Monthly withdrawal limit $10,000 Daily withdrawal frequency 3 times Monthly withdrawal frequency 30 times Important Notes Temporary Frozen Amount: An additional 20% is temporarily held to ensure coverage of potential fees/charges, which is released back after transaction clearance. ATM Withdrawals: Not available in North Korea, Iran, and Myanmar. Complaints and Disputes: Must be sent to card@bitget.com. More information and FAQs can be found here: FAQ — Bitget Card General Inquiries | FAQ — Bitget Card Management Final Words Whether you're shopping online, making in-person purchases, or withdrawing cash from ATMs, the Bitget Card provides a convenient and secure solution for all your financial needs. With robust security measures, significant spending limits, and extensive international usability, it bridges the gap between the digital and physical worlds. Stay tuned for updates as Bitget continues to expand its services and offerings to make it easier than ever to manage and spend your crypto assets!

Bitcoin Dips 2% as Inflation Falls but Trade War Fears Rise

Bitcoin's price dropped by 2% despite lower-than-expected U.S. inflation data, as fears of an intensified trade war dampened investor confidence. The Producer Price Index (PPI) for February mirrored the previous day's Consumer Price Index (CPI) decline, signaling cooling inflation. However, instead of boosting risk assets like Bitcoin and stocks, the market remained sluggish. Analysts suggest that slowing inflation may push U.S. policymakers to strengthen trade war measures, creating uncertainty. Meanwhile, expectations for an imminent Federal Reserve rate cut remain low, with only a 1% chance of a cut in March and 28% in May. Bitcoin continues to face resistance at its 200-day simple moving average, preventing a price breakout. Analysts note that without major catalysts, Bitcoin’s price may remain within its current range, with significant resistance around the $85,000 level. Traders anticipate continued volatility as markets react to economic policies and geopolitical developments. Source: Cointelegraph Futures Market Updates Over the past 24 hours, BTC futures saw a slight decline in open interest (-0.55%), while ETH futures experienced a modest increase (+0.98%). Both assets had a significant drop in trading volume, with ETH (-28.20%) declining more sharply than BTC (-16.64%). BTC had higher total liquidations, especially on the long side ($53.31M vs. ETH’s $23.04M), suggesting more aggressive long positioning was wiped out. The long/short ratio for BTC (49.72%/50.28%) indicates a slight short bias, whereas ETH (50.28%/49.72%) leaned marginally long. Funding rates remain positive for both, with ETH (0.0042%) slightly higher than BTC (0.0038%). BTC Futures Updates Total BTC Open Interest: $47.32B (-0.55%) BTC Volume (24H): $76.44B (-16.64%) BTC Liquidations (24H): $53.31M (Long)/$22.48M (Short) Long/Short Ratio: 49.72%/50.28% Funding Rate: 0.0038% ETH Futures Updates Total ETH Open Interest: $17.82B (+0.98%) ETH Volume (24H): $34.06B (-28.20%) ETH Liquidations (24H): $23.04M (Long)/$12.97M (Short) Long/Short Ratio: 50.28%/49.72% Funding Rate: 0.0042% Top 3 OI Surges MDT: $1.73M (+307.09%) JELLY: $1.77M (+200.49%) LAI: $6.70M (+193.54%)

Bitcoin’s Price Movement In Q1 - 2025: From Record Highs to a Bearish Trend and Future Outlook

In the first quarter of 2025, Bitcoin has seen sharp declines from its all-time high of $109,225 in January 2025 to recent lows near $76,700 in March 2025. This price movement has been driven by multiple factors, including macroeconomic uncertainty, institutional activity, geopolitical tensions, and market sentiment. This article will break down Bitcoin’s recent price trends, explain the causes of its decline, and analyze what the future may hold based on historical patterns and expert insights. Bitcoin’s Price Movement Timeline in Q1 2025 Bitcoin began 2025 on a high note, hitting an all-time high of $109,225 on January 20. This surge was fueled by optimism surrounding the second term of U.S. President Donald Trump, who was seen as crypto-friendly. However, within weeks, Bitcoin’s price began to show weakness. January 2025: Bitcoin Hits an All-Time High ($109,225) Amid Market Optimism Bitcoin began 2025 on an extremely bullish note, fueled by growing interest from institutional investors, expectations of pro-crypto policies from the Trump administration, and continued ETF adoption. On January 20, 2025, Bitcoin reached its all-time high of $109,225, driven by excitement over Trump’s second-term inauguration. The market was optimistic about potential U.S. regulatory clarity, as Trump had made multiple statements in support of crypto. Also, institutional investors like MicroStrategy, sovereign wealth funds, and hedge funds continued to accumulate Bitcoin, believing it to be a long-term store of value. However, Bitcoin’s rally was short-lived, as traders began taking profits and macroeconomic concerns started to weigh on risk assets. Early February 2025: The First Signs of Weakness – Bitcoin Drops to $92,500 By early February, Bitcoin faced its first major pullback as profit-taking kicked in. On February 5, 2025, Bitcoin briefly dropped to $92,500, marking a 15% decline from its peak. This decline was triggered by a mix of profit-taking from early investors and fears over U.S. trade policies, with Trump threatening new tariffs on various countries. Despite this dip, Bitcoin rebounded to $101,000, giving investors hope that the bull market was still intact. Late February 2025: Bitcoin Enters a Technical Bear Market ($86,000) The optimism was short-lived, as a series of market events pushed Bitcoin into bear market territory. On February 25, 2025, Bitcoin’s price plunged below $86,000, marking a 20% drop from its peak and officially entering a technical bear market. This drop was largely driven by mass liquidations in the crypto market, totaling $1.6 billion in 24 hours. Market sentiment turned extremely bearish, with investors moving away from risky assets due to fears of a global economic slowdown. Analysts at Cointelegraph and QCP Capital noted that institutional demand was starting to slow, raising concerns about Bitcoin’s long-term trajectory. End of February 2025: The CEX Hack Adds to Bitcoin’s Troubles ($83,500) Just when it seemed like the market was stabilizing, another major shock hit the crypto industry. On February 28, 2025, hackers stole $1.4 billion from one of the major CEXs. The incident shook investor confidence, leading to another wave of selling. Bitcoin’s price dropped to $83,500, with panic selling spreading across the market. Analysts warned that if the market couldn’t absorb the selling pressure from the hacked funds, Bitcoin could see further downside. March 2, 2025: A Temporary Rally as Trump Announces a U.S. Crypto Reserve ($93,000) On March 2, 2025, Bitcoin briefly surged to $93,000 following an announcement from President Trump regarding a potential U.S. crypto reserve. Trump hinted that the government would create a strategic reserve for Bitcoin and other digital assets, leading to a wave of buying. Some investors saw this as a major bullish catalyst, believing that government Bitcoin accumulation would push prices higher. However, analysts quickly warned that this rally might be short-lived, as details about the reserve were unclear. Their warnings proved correct, as the rally quickly faded, and Bitcoin resumed its downward trajectory. March 3-6, 2025: The Market Struggles to Hold $90,000 After the brief excitement over Trump’s crypto reserve announcement, Bitcoin struggled to maintain momentum. Over the first week of March, Bitcoin hovered around $88,000-$90,000, but failed to break past key resistance levels. Market uncertainty increased, with investors worried about U.S. trade conflicts, inflation, and Federal Reserve policies. ETF inflows declined significantly, with $1.1 billion in outflows from Bitcoin spot ETFs, signaling that institutional investors were reducing their exposure. March 7, 2025: The U.S. Crypto Reserve Announcement Disappoints Investors ($84,000) On March 7, 2025, Trump officially signed an executive order to create a Strategic Bitcoin Reserve. However, the details disappointed the market. Specifically, the reserve would not involve government Bitcoin purchases but instead consist of Bitcoin seized from criminal activities. This was far from the bullish catalyst investors had hoped for. As a result, Bitcoin’s price dropped 6% to $84,000, as traders sold the news. March 10-11, 2025: Bitcoin Plummets Below $80,000, Testing $76,700 By March 10, Bitcoin’s price collapsed further, breaking below key support levels. Bitcoin hit a four-month low of $79,170, as selling pressure intensified. By March 11, Bitcoin touched $76,700, marking its lowest level since November 2024. Analysts predicted that Bitcoin could retest support at $70,000, depending on institutional activity and macroeconomic conditions. March 12, 2025: A Conflict Suspension Arrangement Sparks Temporary Recovery ($83,000) On March 12, 2025, a breakthrough in conflict suspension agreement in a high-tension zone sent global markets into positive territory, helping Bitcoin recover to $83,000. Investors briefly turned optimistic, hoping that reduced geopolitical tensions would stabilize financial markets. However, analysts warned that this was not a sign of a full recovery, as major risks remained. For instance, retaliatory tariffs, U.S. trade conflicts, and inflation concerns continued to threaten Bitcoin’s stability. Some experts believe that Bitcoin could still correct to $75,000 if global trade tensions escalate further. The downward trend has left traders wondering: Is Bitcoin’s bull market over, or is this just a temporary correction? Factors Contributing to Bitcoin’s Price Decline Several key factors have contributed to Bitcoin’s sharp drop in 2025, ranging from macroeconomic events to regulatory pressures and investor sentiment shifts. While some declines were triggered by specific events, others were caused by broader financial trends. This section provides a detailed breakdown of the most important factors that have driven Bitcoin’s price downward in recent months. 1. U.S. Federal Reserve Policies One of the biggest influences on Bitcoin’s price in early 2025 has been the U.S. Federal Reserve’s monetary policy. The Federal Reserve’s decisions on interest rates significantly impact risk assets like Bitcoin. When interest rates are low, investors seek higher-yielding assets, such as stocks and cryptocurrencies. However, when rates are high—or expected to remain high—investors shift toward safer investments like U.S. Treasury bonds and gold. Many analysts and traders expected the Fed to cut interest rates in early 2025, which could have provided a boost for Bitcoin’s price. However, due to ongoing inflation concerns and economic uncertainty, the Federal Reserve announced in February 2025 that it would hold off on rate cuts for the foreseeable future. Following the Fed’s announcement, traditional financial markets experienced a pullback, with the S&P 500 and Nasdaq both declining. As a result, Bitcoin and other cryptocurrencies followed suit, as investors rotated their funds out of speculative assets. 2. Global Trade Tensions and U.S. Tariffs Bitcoin’s decline has been closely linked to trade tensions initiated by the Trump administration. In February 2025, the U.S. imposed new tariffs on imports from various countries, sparking fears of a global trade war. Markets responded negatively, as investors became concerned about economic instability. Bitcoin, often considered a risk-on asset, tends to perform poorly in times of economic uncertainty. As tensions between the U.S. and its trading partners escalated, investors moved their money away from volatile assets like Bitcoin to safer assets. Investors, uncertain about the economic landscape, have sold off Bitcoin along with stocks, contributing to the price decline. Adding to this uncertainty, by March 2025, there were threats of retaliatory tariffs against the U.S. This led analysts to predict that Bitcoin could correct to $75,000, as continued trade conflicts could keep market sentiment weak. 3. Institutional Profit-Taking and Liquidations After Bitcoin hit its record high of $109,225 in January, many institutional investors locked in profits. This led to increased selling pressure, causing Bitcoin’s price to decline. The initial sell-off led to a chain reaction of liquidations in the derivatives market. On February 25, 2025, over $1.6 billion worth of leveraged positions were liquidated within 24 hours. When large liquidations occur, traders using leverage are forced to sell their Bitcoin, further driving down the price. 4. ETF Outflows and Institutional Demand Slowdown The approval of Bitcoin spot ETFs in late 2024 was a key catalyst for Bitcoin’s surge to $109,000. However, by February 2025, the trend reversed, with institutional investors withdrawing their funds. Bitcoin ETFs saw net outflows of $516 million on February 24 alone, a sign that institutional investors were pulling back. Over the next six consecutive days, ETFs recorded withdrawals totaling $2.1 billion. While Bitcoin had benefited from ETF inflows earlier, the reversal in sentiment led to a significant price drop. 5. Regulatory Uncertainty Regulatory developments continue to weigh on Bitcoin’s price. While the Trump administration has taken a more crypto-friendly stance, legal uncertainties remain. At first, many believed that Trump’s pro-crypto stance would boost Bitcoin prices, but his administration’s actual policies have been mixed. The U.S. government’s announcement of a Strategic Bitcoin Reserve initially sparked optimism but later disappointed investors when it clarified that no new Bitcoin would be purchased, rather the Reserve would include only Bitcoin already confiscated from criminal cases. This led to a 6% price drop on March 7, as traders had expected stronger government support. 6. Market Sentiment and the Fear & Greed Index Investor psychology plays a massive role in Bitcoin’s volatility. The Crypto Fear & Greed Index, which measures market sentiment, dropped into the “Extreme Fear” zone after Bitcoin fell below $80,000. Historically, extreme fear often signals buying opportunities, but it also indicates uncertainty and caution among investors. 7. The CEX Hack and Security Concerns On February 28, 2025, hackers stole $1.4 billion from the world’s second-largest crypto exchanges. This event shook investor confidence, raising concerns about the security of crypto assets. Bitcoin’s price fell below $80,000 as panic selling increased. As hackers liquidated stolen Bitcoin, further selling pressure was added. Security concerns have always been a challenge for Bitcoin, and major exchange hacks often trigger short-term market downturns. Is Bitcoin Poised for a Rebound? Despite the recent downturn, Bitcoin has shown resilience in past market cycles. Many analysts believe that Bitcoin remains in a long-term bull market, with corrections serving as healthy pullbacks before further gains. Here are some factors that could drive Bitcoin’s recovery: 1. Bitcoin’s Strong Historical Recovery Patterns Bitcoin has rebounded 157% in 2023 and 119% in 2024, showing its ability to recover after downturns. Previous cycles suggest that Bitcoin experiences sharp pullbacks before reaching new all-time highs. If the $70,000-$75,000 range holds as support, Bitcoin could start climbing back toward $100,000+ later in 2025. Bitcoin has a history of boom-and-bust cycles, typically following a pattern of sharp corrections before continuing its long-term upward trajectory. If history repeats itself, Bitcoin could regain momentum in the next 12 to 24 months. 2. Institutional Accumulation Many institutions, including MicroStrategy and sovereign wealth funds, have continued to acquire Bitcoin. Institutional investors looking for long-term value may view Bitcoin’s current price as a buying opportunity, which could stabilize the market and push prices higher. Moreover, the percentage of long-term Bitcoin holders remains high, indicating strong conviction in its future value. Historically, when long-term holders stop selling, Bitcoin tends to rebound within months. 3. The U.S. Crypto Reserve and Potential Policy Shifts If the U.S. government takes further steps toward officially recognizing Bitcoin as part of its financial strategy, it could drive new institutional adoption. Even though the initial reserve announcement fell short of expectations, future developments could reignite investor optimism. 4. Growing Mainstream and Government Adoption The U.S. Strategic Bitcoin Reserve, despite its disappointing start, could pave the way for larger government Bitcoin purchases in the future as more U.S. states and global institutions are considering adding Bitcoin to their reserves. If government adoption increases, Bitcoin’s market cap could rise by $460 billion, according to Sygnum Bank. 5. Federal Reserve Rate Cuts While the Fed has paused interest rate cuts for now, any future signs of easing monetary policy could make Bitcoin more attractive as an inflation hedge. Lower rates tend to increase liquidity in financial markets, benefiting riskier assets like Bitcoin. 6. Supply and Demand Dynamics With Bitcoin’s fixed supply of 21 million coins, long-term demand is expected to outpace supply. As more investors and institutions accumulate Bitcoin, scarcity could drive prices higher. The Road Ahead: Caution and Opportunity Bitcoin’s current market behavior suggests both risks and opportunities for investors. Bitcoin’s recent decline is not unusual and follows historical market cycles. While short-term risks remain, many experts believe this is a temporary correction, not the end of Bitcoin’s bull market. Factors such as institutional adoption, macroeconomic shifts, and regulatory clarity will play crucial roles in determining Bitcoin’s next move. For now, traders and investors should stay informed, manage risk carefully, and watch for key signals—such as institutional accumulation, ETF flows, and macroeconomic developments—that could indicate the next big move in Bitcoin’s price. Will Bitcoin drop further, or is it gearing up for another rally? Only time will tell. But one thing remains certain—Bitcoin’s journey is far from over. 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.

How to "sweet talk" clients in community operations — Encouraging new traders

Encouragement principle: Step-by-step guidance Demo trading > small-size spot/copy trading > independent trading Objectives Help new traders build confidence and experience the joy of trading. Provide professional knowledge and support without pressuring them into action. Script design logic 1. Instant feedback Principle Build trust Strategy Respond promptly with care and encouragement. Acknowledge each step taken, such as registering or placing the first order. 2. Bridging the knowledge gap Principle Reduce the fear of losing control that new traders experience due to uncertainty and complexity. Strategy Affiliates should explain trading concepts in the simplest terms. They can provide new traders with daily market insights compiled by Bitget to help them understand market trends and expand their knowledge. 3. Reducing decision-making pressure Principle Ease anxiety and avoid pushing for immediate trades. Strategy Emphasize a gradual approach (observe > learn > simulate > try small trades), ensuring new traders remain in control of their decisions. 4. Being transparent with risks Principle Address risks upfront and help new users manage their expectations regarding potential losses. Strategy Clearly communicate market volatility and the risks associated with leverage trading. Note: Promising profits is prohibited. Avoid exaggerated or overly persuasive language. Recognize and discourage a gambling mindset in new traders. Example 1: It's completely normal to feel uncertain when stepping into a new space. The crypto market offers high potential returns but also comes with significant risks. You might want to start with demo trading—just like legendary Wall Street trader Paul Tudor Jones did when he began. He once said that trading is a marathon, not a sprint. Think of demo trading as your 'practice field' where you can experiment freely without worrying about losses. Take your time, and you'll gradually get the hang of it! If you ever have questions, just reach out—I'm here to help. You're not in this alone! Example 2: Did you know that one of the most famous traders in history, Jesse Livermore, started by trading with small amounts, slowly learning market patterns? He once said, "The market is never wrong; only your ideas can be." That's why the goal is not to make big money overnight, but to understand market movements through small spot trades. Always set a stop-loss to manage risks. Trade within your comfort zone and focus on improving your decision-making skills. No need to worry—I will be here to support you every step of the way! Example 3: You've made great progress and can now place trades on your own! Even Warren Buffett started small when he first began investing, and he always stuck to his core principles, like "Never lose money" and "Think long term". He once said, "The most important thing in investing isn't how much you make but avoiding big mistakes." That's why planning each trade in advance and setting a stop-loss can help you manage risk more effectively. If you're ever unsure, feel free to reach out—we can analyze it together!

Don't Wait on the Trend. Earn the Trend - A Tutorial on Bitget Smart Trend

The crypto market can be a hazardous place. Traders all around the world buy and sell crypto 24/7 and one tiny oversight may translate into a costly mistake. To make things even more complicated, no one can tell which direction the market is going and by how much. Bitget Smart Trend to the rescue! With one subscription, you’ll be able to profit whichever way the market is going without having to keep an eye on the price all day long. What is Bitget Smart Trend? Leveraging fixed-income assets and options, Smart Trend is our innovation towards a new financial horizon. It is a structured product that balances profits and risks on a fine edge. You can make your predictions with your subscription and enjoy amplified interest when the price is moving in your favor. Even if you’ve made the wrong bet, you can still enjoy a basic APR at settlement. Subscribe to Bitget Smart Trend! How does Bitget Smart Trend work? It works both ways. You can either subscribe to our bullish product and enjoy benefits when the underlying’s price goes up, or bearish products for more returns from its depreciation. All Smart Trend products will settle 7 days after they start gaining interest, and each product comes with a unique price range and APR. Take our Bullish BTC Smart Trend product for example. Say it comes with a price range of $88,000 to $93,000 and an APR range of 4.00% to 15.26%. As a subscriber, at the time of settlement: if BTC drops below $88,000, you will earn our guaranteed 4.00% APR for the last 7 days; if BTC is trading between $88,000 and $93,000, you will be rewarded with an extra APR that scales proportionally to the difference between BTC’s settlement price and $88,000; if BTC goes above $93,000, you will always earn the highest APR 15.26% regardless of its actual price. Try out our Bearish products if you’re bearish on an asset. They work the same way, but the APR goes in the opposite direction to the underlying’s price change. Take our Bearish BTC Smart Trend product for example. Say it comes with a price range of $80,000 to $85,000 and an APR range of 4.00% to 15.29%. As a subscriber, at the time of settlement: if BTC goes above $85,000, you will earn our guaranteed 4.00% APR for the last 7 days; if BTC is trading between $80,000 and $85,000, you will be rewarded with an extra APR that scales proportionally to the difference between BTC’s settlement price and $85,000; if BTC drops below $80,000, you will always earn the highest APR 15.29% regardless of its actual price. Where do I start? Step 1: To subscribe to our Smart Trend products, sign up or log in to your Bitget account. From Bitget app, choose ‘Smart Trend’ under ‘Earn’. From Bitget website, choose ‘Smart Trend’ under ‘Earn’ from our top navigation bar or click on this link. Step 2: Browse through our hottest Smart Trend products and click on ‘Subscribe’ once you’ve made your decision. Peruse all details, including APR, price range, settlement time, repayment time before entering the amount of your subscription and clicking ‘Confirm’. Your assets will be locked up after confirmation. Step 3: You can check your ongoing and past subscriptions via this link, or under the ‘Smart Trend’ tab in your Earn account. Please note that Smart Trend is a lock-up structured product, which can't be unlocked in advance until the end of the subscription period. Upon maturity, your interest and principal will be automatically settled without requiring your manual actions. I still have some doubts… Is Smart Trend risky? As a structured financial product, Smart Trend is able to cap its risk to a very limited range. Subscribers will be guaranteed a base APR no matter what. It should be noted, however, that since your principal is in crypto, there are certain inherent risks, such as the depreciation of the underlying cryptocurrency’s value relative to fiat currency. Are price ranges and APR ranges fixed? In the case of violent market fluctuations, we may adjust the price range and APR range of each Smart Trend product for optimal returns before they start earning interest (Interest start time). Once everyone’s assets are locked and loaded, however, the price range and APR range will be determined. How is the product settled? If you subscribe to Smart Trend using BGB, your subscription will be settled in USDT at maturity. If you subscribe to Smart Trend using BTC, ETH or USDT, your settlement currency will be the same as your subscription currency at maturity. When will I get my interest? Upon maturity, your interest and principal will be automatically settled without requiring any manual actions from you. You can check the 'Est. repayment time' section for the estimated time. Closing thoughts Bitget Smart Trend is one of the favorites of our Earn products, with a similar APR pattern to Shark Fin product but a higher tolerance for the accuracy of your price prediction. With some simple strategies, it can become a reliable hedge against most fluctuations. Sign up now to start exploring our plentiful pool of financial products at Bitget!

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.