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The Pi Network Value Lie: Cutting Through the IOU Hype
Pi Network Price: The Shocking Truth About Your Pi Coin Value Today
You’ve built a mining team, you’ve watched your Pi balance grow, and now the big, burning question is staring you in the face: "How much is my Pi coin worth?
If you’ve frantically Googled pi coin price, pi network value, or how much is pi today, only to find a confusing mix of zeroes, promises, and speculative numbers, you are not alone. Millions of Pioneers around the globe, from the USA to India, the Philippines to Nigeria, are asking the exact same thing.
The short, direct answer is: The official, tradable Pi coin price is $0.00.
Wait, don’t close this tab! That "zero" is the most important and misunderstood part of the entire Pi Network story. It’s not a sign of failure; it’s a feature of the design. In this deep dive, we’re going to peel back the layers, cut through the hype, and give you the unvarnished truth about your Pi crypto value today, and what it could be tomorrow.
Why There is NO Official Pi Coin Price Today
Let’s get this fundamental truth out of the way first. You cannot officially buy or sell Pi on exchanges like Binance, AND BYDFi. Why? Because the Pi Network is currently operating in its Enclosed Mainnet phase.
Think of this like a car being built inside a secured factory. The engineers (the Core Team) are still installing the engine, testing the brakes, and making sure everything is safe and functional. The car isn't ready to be driven on public roads (the open market) yet.
In blockchain terms:
1- No External Connections: The Pi blockchain is live, but it's a closed system. It cannot yet interact with other blockchains or major exchanges.
2- KYC is King: The Core Team is prioritizing the "Know Your Customer" (KYC) process. This is crucial for preventing bots, creating a genuine network, and complying with future regulations. Until a significant portion of the network is verified, the mainnet will remain enclosed.
3- Focus on Utility: During this phase, the focus is on building real-world applications and utilities within the Pi ecosystem. The goal is to create value through use, not just speculation.
So, when you search for "pi price today" and see a value of zero, it’s not that Pi is worthless. It’s that its official market value has not yet been established.
The Wild West of Pi IOUs: What You're Really Seeing Online
Now, you might be shouting at your screen, "But I've seen a Pi coin price on some websites! I've seen charts! People are talking about it being $30, $100, or even $300!
You're right. And this is where it gets tricky. What you’re seeing on platforms like Huobi Global and various price-tracking sites are IOUs (I Owe You).
What are Pi IOUs?
Some exchanges, anticipating the future launch of Pi, have created a derivative token that represents a claim on a future Pi coin. It’s like a betting slip for a horse that hasn't even left the starting gate. The price of these IOUs is determined by a tiny fraction of users on those specific platforms who are betting on Pi's future success.A Word of Extreme Caution:
1- Not the Real Coin: These IOU tokens are not the Pi coins you are mining in your app. They exist only on those exchanges.
2- Highly Speculative & Volatile: The prices are driven purely by speculation and hope, not by the fundamentals of the Pi Network. They can pump and dump dramatically.
3- The Core Team Does Not Endorse This: The Pi Core Team has repeatedly distanced itself from these IOU listings, stating they are not affiliated and that the true value will only be set at the Open Mainnet launch.
So, while it's exciting to see a number like "$40" next to Pi, treat it as a speculative fantasy, not a guarantee of your future wealth.
How Much is Pi Coin Worth? The Factors That WILL Determine Its Real Value
The multi-billion dollar question is: what will happen when the Enclosed Mainnet gates finally open? The real Pi crypto value will be determined by classic economic principles: supply, demand, and utility.
1. The Massive Supply Question
Pi has a unique mining model that has resulted in a vast, decentralized user base. Estimates suggest there could be tens of billions of Pi already mined. However, the circulating supply will be dramatically impacted by:
1- KYC Verification: Only KYC'd accounts will have their Pi migrated to the mainnet. Millions of coins from unverified or fake accounts will be burned.
2- Lockup Configurations: At Mainnet, you will be given the option to lock up your Pi for a set period. This voluntary locking reduces the immediate selling pressure and signals long-term belief in the project, which can positively impact the price. The more people who choose to lock up their coins, the lower the initial sell-off.
2. Demand: Will People Actually Want to Buy Pi?
Supply is one thing, but without demand, the price is zero. Demand will be driven by one thing above all else: UTILITY.
1- The Pi Ecosystem: Can you buy a coffee with Pi? Pay for a subscription? Send remittances to family abroad with low fees? The success of the apps being built on the Pi platform is the single most important factor for creating lasting demand.
2- The 35 Million-Pioneer Community: This is Pi's secret weapon. If even a small percentage of this massive community decides to use Pi for real transactions, it creates a powerful internal economy.
3- Exchange Listings: Once the Open Mainnet arrives, listings on top-tier exchanges like BYDFi. will bring in massive liquidity and new buyers, further driving demand.
Your Final Verdict: What Should You Do Now?
The journey of the Pi Network is a grand experiment in mobile-first, user-friendly cryptocurrency. The pi network price today is a placeholder, a question mark with immense potential.
Here’s your action plan while we wait for the Open Mainnet:
1- Keep Calm and Keep Mining (Responsibly): Continue your daily mining, but focus on building a genuine, verified security circle.
2- Complete Your KYC: This is your ticket to the mainnet. Don't let this slide.
3- Ignore the IOU Noise: The speculative prices are a distraction. They set unrealistic expectations and can lead to poor decisions.
4- Engage with the Ecosystem: Explore the Pi Browser and the apps being built. Understand what you might actually do with your Pi in the future.
5- Think About Your Lockup Strategy: Start considering how much of your Pi you’d be willing to lock up to support the network's stability and potentially earn a higher mining rate.
2026-01-16 · 20 days ago0 0209Market Makers vs. Market Takers: Understanding Crypto Trading Fees
When you look at a trading screen, it looks like a chaotic wall of flashing numbers. But behind the scenes, every trade falls into one of two categories: Makers or Takers.
Understanding this distinction isn't just academic; it directly impacts your wallet. Exchanges use a "Maker-Taker" fee model, meaning the price you pay for a trade depends on whether you are providing liquidity to the market or taking it away.
The Engine of the Market: Liquidity
To understand the difference, you first need to understand the Order Book. This is the list of all buy and sell orders waiting to be filled.
- Liquidity: This represents how easy it is to buy or sell an asset without moving the price.
- The Ecosystem: A healthy market needs both makers (who put orders on the book) and takers (who fill those orders).
Who is the Market Maker?
A Market Maker is a trader who provides liquidity. They place "Limit Orders" that do not execute immediately. For example, if Bitcoin is at $95,000, a Maker might place a buy order at $94,500.
That order sits in the order book, adding depth to the market. Because Makers help the exchange by ensuring there is always liquidity available, they are often rewarded with lower trading fees (or sometimes even rebates).
If you are a patient trader looking to optimize your entry points on the BYDFi Spot market, acting as a Maker is the most cost-effective strategy.
Who is the Market Taker?
A Market Taker is a trader who demands immediate execution. They place "Market Orders" that buy or sell instantly at the current best available price.
Takers "take" liquidity off the order book. Because they reduce the available supply of orders, exchanges typically charge them a slightly higher fee. Takers prioritize speed over price precision. If you see a breakout and use the Quick Buy feature to catch the rally immediately, you are acting as a Taker.
Why the Distinction Matters
For high-volume traders, the difference between Maker fees and Taker fees can add up to thousands of dollars a year.
- Limit Orders (Maker): Use these when you have a specific price target and are willing to wait.
- Market Orders (Taker): Use these when getting into the trade now is more important than the specific price (e.g., during a news event).
Conclusion
Whether you are "making" the market or "taking" from it, the most important thing is having a platform that executes your strategy flawlessly.
To experience deep liquidity and competitive fee structures, Register at BYDFi today and start trading on a professional-grade order book.
Q&A: Frequently Asked Questions
Q: Is it better to be a Maker or a Taker?
A: Financially, being a Maker is cheaper due to lower fees. However, being a Taker is better if you need to enter or exit a position instantly during high volatility.
Q: Can I be both a Maker and a Taker?
A: Yes. Most traders switch between the two strategies depending on market conditions and urgency.
Q: Do all exchanges use this fee model?
A: Most professional centralized exchanges utilize the Maker-Taker model to incentivize deep liquidity.
2026-01-16 · 20 days ago0 0208The Myth of 21 Million: Bitcoin's True Scarcity Revealed
The Illusion of 21 Million: Unmasking Bitcoin's True Scarcity
The number 21 million is etched into the collective consciousness of the crypto world, a sacred cap that defines Bitcoin’s core promise of digital scarcity. Yet, this iconic figure is not what it seems. It is a mathematical mirage, a distant horizon that obscures a far more compelling reality: Bitcoin's truly spendable, liquid supply is dramatically, and permanently, lower.
This isn’t a story of theoretical adjustments, but of cold, hard cryptographic and human realities that permanently remove coins from economic circulation. To understand Bitcoin’s value, one must look beyond the headline cap and into the abyss of lost keys, provable burns, and the unyielding march of its issuance schedule.
The Asymptotic Ceiling: A Number Never to Be Reached
Let’s start with the 21 million myth itself. This cap is not a final tally waiting to be filled. It is the asymptotic end point of Bitcoin’s precise, pre-programmed issuance curve. New Bitcoin is minted only as a reward for miners who secure the network, with this block subsidy halving roughly every four years.
Due to the unyielding rules of integer math within the code, the final satoshi will never be mined. The actual total issuance will forever freeze just shy of the perfect 21 million—closer to 20,999,999.9769 BTC. Even before we consider loss, the perfect cap is technically unreachable.
More critically, over 1 million BTC are yet to be mined. These coins exist only in the future, locked behind decades of future halvings, extending towards the year 2140. The present-day supply is, and always will be, less than the maximum.
The Cryptographic Graveyard: Provably Unspendable Bitcoin
A portion of Bitcoin’s supply is not just lost; it is cryptographically dead. The protocol itself contains tombs for satoshis.
The very first Bitcoin, the 50 BTC created in the Genesis Block by Satoshi Nakamoto, is forever unspendable due to a unique quirk in its coding. It is a monument, not a currency.
Furthermore, the
OP_RETURNfunction allows users to intentionally create provably unspendable outputs. Any Bitcoin sent to such an address is burned—irretrievably and verifiably removed from the possible supply. Unlike losing a key, these burns are transparent and absolute, a voluntary sacrifice recorded immutably on the blockchain.The Silent Cataclysm: The Black Hole of Lost Coins
Here lies the most significant drain on Bitcoin’s real supply: catastrophic and permanent loss. Bitcoin’s sovereignty comes with an ironclad caveat: you are your own bank, and there is no recovery desk.
Private keys stored on failed hard drives, thrown-away paper wallets, or forgotten passphrases render Bitcoin forever inaccessible. Early adopters mining on laptops, experimental sends to wrong addresses, and holders taking their secrets to the grave—these events have collectively swallowed millions of Bitcoin.
While no one can pinpoint an exact number on-chain (inactivity isn’t proof of loss), major analyses paint a staggering picture:
1- Chainalysis estimated between 2.3 million and 3.7 million BTC were likely lost as of 2018.
2- River Financial suggested 3 million to 4 million BTC were "irreversibly lost" in a 2023 report.
3- CoinShares, using a more conservative methodology, still identified approximately 1.58 million BTC as likely lost by early 2025.
The consensus is inescapable: even under the most cautious assumptions, millions of Bitcoin are gone. They are not in cold storage; they are in a cryptographic void, exerting gravitational pull on the scarcity of what remains.
Reframing the Narrative: Economic Supply vs. Issued Supply
This forces a critical distinction that every investor must internalize:
1- Issued/Circulating Supply (~19.96M BTC): This is the technical count of Bitcoin mined and recorded on the blockchain. This is the number you see on data dashboards.
2- Economic/Liquid Supply (Significantly Less): This is the real, spendable, and tradeable stock of Bitcoin—the portion that can actually impact markets. It is the issued supply minus the unmined future coins, minus the provably burned coins, minus the likely lost coins.
The dashboards are not wrong; they are simply measuring something different. They track creation, not availability. The profound implication is that Bitcoin’s effective scarcity is tightening from two relentless directions: the scheduled slowdown of new issuance via halvings and the silent, continuous attrition of the existing stockpile.
The Investor and Miner Reality
For the Investor: This is the heart of Bitcoin’s value proposition. Scarcity isn't just programmed; it's compounded by human error and intent. The hard cap is merely the starting point. The ever-shrinking pool of truly accessible Bitcoin creates a foundational pressure that transcends market cycles. You are not buying into a theoretical 21-million-coins system; you are competing for a share of a much smaller, ever-dwindling liquid asset.
For the Miner: The mechanics remain unchanged. Miners follow the protocol's unwavering issuance schedule; lost coins do not create new rewards. However, their role becomes even more pivotal. They are the sole source of new, guaranteed-liquid Bitcoin entering the ecosystem. Every halving doesn't just reduce the flow of new coins; it increases the relative significance of the coins they do mint against a backdrop of a potentially shrinking total accessible supply.
Conclusion: A Scarcity Engine
Bitcoin is more than a capped asset. It is a sophisticated scarcity engine. The 21-million rule sets the stage, but the true drama unfolds in the interplay of immutable code, voluntary burns, and the fragility of human memory. The real supply isn't 21 million. It is that number, forever receding, perpetually eroded by the forces of time, technology, and fallibility. Understanding this is not a matter of semantics—it is the key to understanding the fundamental gravity at the core of Bitcoin's enduring value.
2026-01-16 · 20 days ago0 0208UK High Court rules crypto is property in landmark decision
For years, cryptocurrency existed in a legal gray area. If someone stole your Bitcoin, or if an exchange holding your funds went bankrupt, the legal system struggled to answer a basic question: Do you actually "own" these digital numbers?
In many jurisdictions, the law only recognized two types of property: "things in possession" (physical items like a car or gold) and "things in action" (legal rights like a debt owed to you). Crypto didn't fit neatly into either.
That ambiguity ended today. The United Kingdom has officially moved to recognize cryptocurrency and other digital assets as a distinct form of personal property. This isn't just a win for lawyers; it is a massive safety upgrade for every investor in the ecosystem.
The Creation of a "Third Category"
The core of this development is the recognition that digital assets are unique. They aren't physical, but they are rivalrous—meaning if I have the Bitcoin, you cannot also have it.
By introducing this "third category" of property under the law, the UK provides the legal certainty that institutions have been begging for. It transforms crypto from a "risky digital experiment" into a recognized asset class with the same legal protections as your house or your stock portfolio.
Why This Legal Protection Matters to You
You might be thinking, "I don't care about British law." But this ruling sets a precedent that affects how global courts handle three critical scenarios:
- Bankruptcy Protection: In the past (like with FTX or Celsius), user funds were often treated as general unsecured debts. Now, if assets are legally "property," they are more likely to be ring-fenced and returned to the user rather than liquidated to pay off the exchange's other creditors.
- Fraud and Theft: It becomes significantly easier for courts to issue freezing orders or asset recovery mandates when the stolen item is clearly defined as property. It gives victims a stronger legal footing to chase hackers.
- Divorce and Inheritance: As unromantic as it sounds, clear property rights ensure that digital assets can be fairly divided in a separation or legally passed down to heirs without being lost in bureaucratic limbo.
The UK’s Bid for Global Crypto Dominance
This move is part of a calculated strategy. The UK is racing against jurisdictions like Singapore, Dubai, and the EU to become the global hub for the crypto economy.
By updating its 19th-century property laws to fit the 21st century, the UK is signaling to the world that it is "open for business." For institutional investors, legal clarity is more important than price. They cannot allocate billions of dollars to an asset class if they can't prove they own it in a court of law. This ruling removes that barrier.
The Ripple Effect
English Common Law is the basis for the legal systems in many of the world's financial centers, including Hong Kong, Australia, and Canada. When the UK updates its stance on property, these other nations typically follow suit.
We are watching the global legal infrastructure upgrade itself in real-time. This is the boring, unsexy work that lays the foundation for the next bull market—one driven not by hype, but by legal certainty.
Conclusion
The "Wild West" days of crypto are ending, and that is a good thing. With strong property rights now backing your digital assets, the risks of self-custody and investment are diminishing.
As the legal landscape matures, make sure you are trading on a platform that takes security just as seriously. Join BYDFi today to trade with confidence on a secure, world-class crypto exchange.
2026-01-16 · 20 days ago0 0208Is Crypto Margin Trading Genius or Financial Suicide?
Navigating the High-Stakes World of Crypto Margin Trading:
It’s three in the morning. The glow of your screen illuminates a sea of red charts, and your search history is filled with frantic queries: how to margin trade crypto, bitcoin leverage, how to not lose everything. We've all been there. The allure of turning a small stake into a life-changing sum is a powerful siren call in the cryptocurrency markets. But the stories you often hear—the ones about instant riches—are only half the story. The other half is far more sobering.
Let's have a real conversation. My name is Jax, and through Crypto EdgeBlog, I’ve made it my mission to cut through the hype and provide a no-nonsense look at the strategies that work and the pitfalls that destroy traders. Today, we're diving deep into the exhilarating and perilous world of crypto margin trading. This isn't a get-rich-quick scheme; it's a comprehensive guide to understanding a powerful financial tool that, when misused, acts like a financial chainsaw.
Demystifying the Engine: What Exactly Is Crypto Margin Trading?
At its heart, margin trading is about using borrowed funds to amplify your market position. Imagine you're convinced that Bitcoin is poised for a 10% surge. In a traditional spot market, if you invest $1,000 of your own money, that 10% gain nets you a respectable $100 profit.
Now, let's introduce leverage. You still have your $1,000, but you decide to use a 10x leveraged position. This means the exchange lends you $9,000, allowing you to control a total position of $10,000. That same 10% move in Bitcoin's price now translates into a $1,000 profit—you've just 10x your return on investment.
But here is the critical, often-overlooked flipside. If the market moves against you by that same 10%, your entire $1,000 initial investment is wiped out. This is known as liquidation. The exchange automatically closes your position to ensure they get their $9,000 loan back. This is the fundamental reality of the game: the potential for amplified gains is perfectly mirrored by the risk of amplified losses.
The 2025 Landscape: A Volatile Playground of Opportunity and Peril
This year has been a rollercoaster. With Bitcoin touching unprecedented heights near $78,000, the volatility has been both a trader's dream and nightmare. The air in crypto circles is thick with specific anxieties that every potential margin trader must understand.
Regulatory scrutiny is intensifying, particularly from bodies like the U.S. CFTC, which is increasingly focused on offshore exchanges that many traders use for high leverage. Then there's the phenomenon of liquidation cascades, where a sharp price move triggers a wave of automatic liquidations, exacerbating the move and wiping out hundreds of millions in a matter of hours, as we saw with $1.2 billion vanishing in a single day recently.
Furthermore, the hidden cost of holding positions—funding rates—can silently eat away at your capital. A seemingly small rate of 0.1% charged every eight hours can compound to an annualized rate of over 36%, making it incredibly expensive to maintain a long position during a prolonged bullish frenzy.
Yet, amidst this chaos, the opportunity is very real. Skilled and disciplined traders extracted over $400 million in profits from margin trading platforms just last quarter. The key is not to avoid the volatility, but to learn how to navigate it with a clear head and a solid strategy.
A Practical Walkthrough: Getting Started on a Margin Exchange
The first and most crucial step is choosing a platform you can trust. The landscape is filled with options, each with its own strengths and target audience.
For those prioritizing privacy and high leverage, BYDFi remains a popular choice with its optional KYC (Know Your Customer) checks and leverage up to 100x. Binance offers immense liquidity and even higher leverage, making it a powerhouse for experienced traders, though it requires full verification. For traders in the United States, Kraken provides a regulated, albeit lower-leverage, environment. Then there are platforms like MEXC, catering to those seeking the highest possible leverage with minimal barriers.
Once you've selected an exchange, the practical advice is to fund your account with a stablecoin like USDT. This avoids the added complexity of dealing with volatile fiat currencies directly on a margin platform. After transferring your capital, the next critical decision is to familiarize yourself with the margin modes. Always start with "isolated margin," which confines your potential losses strictly to the amount you've allocated to a specific trade, protecting the rest of your account from a single bad move.
Crafting a Strategy Beyond a Gambler's Hope
Success in margin trading doesn't come from blindly throwing leverage at the market. It comes from employing sophisticated, calculated strategies.
One advanced method is Funding Rate Arbitrage. This involves simultaneously taking a long position on an exchange where the funding rate is positive (meaning longs pay shorts) and a short position on another exchange where the rate is negative (shorts pay longs). When executed correctly, you can pocket the difference in funding rates with minimal exposure to Bitcoin's price movement, effectively creating a risk-free return.
Another tactic, often whispered about in trading circles, is Liquidation Hunting. By using tools like Coinglass's liquidation heatmap, you can identify price levels where a massive number of leveraged positions are set to be liquidated. Savvy traders will then place their orders to profit from the inevitable squeeze that occurs when the market moves to liquidate these crowded positions. A staggering 72% of major liquidations happen at psychologically significant, round-number price points like $70,000 or $80,000.
A third approach is the Cross-Exchange Delta Neutral strategy. This involves opening a long position on a Bitcoin perpetual swap on one exchange and a simultaneously short position of the same size on another. The goal here is to profit from the slight price discrepancies (the "basis") between the two platforms, again, while being largely neutral to the overall direction of the market.
The Unbreakable Rules of Risk Management
This is the section that separates the long-term survivors from the 97% who blow up their accounts. No strategy, no matter how brilliant, can survive without ironclad risk management.
The first commandment is to always use a stop-loss order. This is a pre-set order that automatically closes your trade at a specific price level to cap your losses. A common rule of thumb is to set your stop-loss at a level that represents 1.5 times the normal volatility buffer of the asset.
The second commandment is prudent position sizing. Never, ever risk more than you can afford to lose on a single trade. A disciplined approach is to never risk more than 1-2% of your total account value on any one idea. On a $10,000 account, this means your maximum loss per trade should be capped at $100 to $200.
The final commandment is to avoid the poison of FOMO—the Fear Of Missing Out. The data is brutal and clear: 87% of all liquidations occur when traders chase a pump, piling into a trade at its peak with excessive leverage, only to be caught in the slightest retracement. Discipline, not emotion, must be your guide.
The Final, Sobering Truth
Be wary of the online gurus with flashy thumbnails promising to turn $1 into $1 million. More often than not, they are selling a dream because their trading profits are nonexistent. Their income comes from course sales and affiliate commissions, not from successful market speculation.
The real path to success in margin trading is far less glamorous. It is a path built on education, relentless discipline, meticulous risk management, and the emotional fortitude to accept small losses. It's about consistently applying sound principles, not hitting a mythical lottery ticket.
The market is always moving. Bitcoin is once again testing crucial resistance levels. The question is, when the next big move comes, will you be prepared with a educated, strategic approach, or will you be another anonymous statistic in the long ledger of liquidated dreams? The choice, and the responsibility, is entirely yours.
2026-01-16 · 20 days ago0 0208How to Add Any EVM Chain to MetaMask: Your 2-Minute Guide
So, you've just had that "aha!" moment with EVM chains. You understand that your MetaMask wallet is a master key, but right now, it only seems to open one door: the Ethereum network. You're hearing about the low fees on Polygon or the fast speeds on Avalanche, and you want to try them out, but you're stuck. You open MetaMask, and there's no obvious button to switch networks.
Don't worry. This is a frustration every single person in crypto has faced. It feels like you're missing a secret step, but I'm here to show you just how easy it is. Learning this one skill is like giving your crypto wallet superpowers.
Let's get you multi-chain ready. There are two main ways to do this: the automatic way (which is incredibly easy) and the manual way (which is good to understand).
The Super Simple Way: Using Chainlist
The easiest and safest method is to use a fantastic tool called Chainlist.org. Think of Chainlist as a public library for EVM chains. It has all the technical details for hundreds of networks stored and ready to go, so you don't have to find them yourself.
Here’s how you do it in three simple steps:
- Go to Chainlist.org and Connect Your Wallet: In the top right corner, you'll see a "Connect Wallet" button. Click it, and your MetaMask will pop up asking for permission to connect. Go ahead and approve it.
- Search for the Network You Want: Let's say you want to add the Polygon network. Simply type "Polygon" into the search bar. You'll see "Polygon Mainnet" appear in the results.
- Add to MetaMask: Next to the search result, there will be a button that says "Add to MetaMask." Click it. MetaMask will pop up again, this time showing you all the network details (the Network Name, RPC URL, Chain ID). It's asking you to confirm that you want to add this network. Click "Approve," and then it will ask if you want to switch to the network. Click "Switch network."
That's it! You're done. If you open your MetaMask wallet now and click the network dropdown at the top left, you'll see you are now connected to the Polygon network. You can repeat this process for Avalanche, BNB Smart Chain, or almost any other EVM chain in seconds.
The Manual Way: Understanding What's Happening
It's also useful to know how to add a network manually, so you understand what Chainlist is doing for you automatically.
- Open MetaMask and click the network dropdown at the top left.
- At the bottom of the list, click "Add network."
- A new screen will open asking for several pieces of information:
- Network Name: A recognizable name, like "Polygon Mainnet."
- New RPC URL: This is the specific address for a node that connects your wallet to the blockchain.
- Chain ID: A unique number that identifies the network.
- Currency Symbol: The native token symbol, like "MATIC."
- Block Explorer URL (Optional): The website for tracking transactions, like "Polygonscan."
You would then have to search for these details online from a trusted source and copy-paste them into the fields. This is why Chainlist is so great—it does all of that for you, preventing any risk of copy-pasting an incorrect or malicious RPC address.
You Are Now a Multi-Chain User
Congratulations! You've just learned one of the most essential skills in crypto. The feeling of being "stuck" on one network is gone. You now have the freedom to explore the entire EVM ecosystem, jumping from one chain to another to find the best opportunities, lowest fees, and most exciting applications.
Now that your wallet is multi-chain ready, it's time to explore. Discover top tokens from Polygon (MATIC), Avalanche (AVAX), and more on BYDFi. Your adventure into the wider world of crypto starts now.
2026-01-16 · 20 days ago0 0207Isolated vs. Cross Margin: A Critical Choice for Crypto Traders
You're setting up a leveraged trade. You've chosen your asset, decided on your entry price, and selected your leverage. Then, just before you execute, you see it: a small but critical choice between "Isolated Margin" and "Cross Margin." This is not a minor setting to be ignored. The choice you make here will fundamentally change how the platform manages your risk and could be the difference between a small, contained loss and a catastrophic account wipeout. As your guide, let's break down exactly what this choice means so you can make the right decision for your strategy.
The Poker Table Analogy
To understand the difference, imagine you are at a poker table with your entire wallet of cash in your pocket.
- Isolated Margin is like taking a specific amount of cash—say, $100—out of your wallet, putting it on the table, and declaring, "This is all I am willing to risk on this one hand."
- Cross Margin is like putting your entire wallet on the table and declaring, "I will use any and all of the money in this wallet to keep all of my hands in the game."
Isolated Margin: Containing Your Risk
When you select Isolated Margin, you are assigning a specific amount of your capital (your margin) to one single position. That margin is completely walled off from your other positions and the rest of your account balance. If the trade goes against you and gets liquidated, the maximum you can possibly lose is the specific margin you assigned to that one trade. The rest of your account balance remains untouched. This makes it an incredibly powerful tool for risk management.
Cross Margin: Sharing Your Risk
When you select Cross Margin, you are using your entire available account balance as a shared pool of margin for all of your open positions. If one position starts to lose money and nears its liquidation price, the system will automatically draw more margin from your available balance to prevent that liquidation. The advantage is that it gives your trades more breathing room and can help you survive larger price swings. However, the danger is immense. A single, disastrously bad trade can act like a black hole, draining your entire account balance as it tries to save itself, potentially leading to the liquidation of not just that one position but your whole portfolio.
Which One Should You Use? A Clear Recommendation
The choice depends entirely on your experience and strategy. For the vast majority of traders, especially those who are not yet seasoned professionals, the answer is clear: Isolated Margin should be your default choice. It provides a built-in safety net that forces you to define your risk on a per-trade basis, preventing one bad decision from destroying your entire account. Cross Margin is a tool for highly advanced traders, market makers, or those running sophisticated, multi-position strategies where different trades are designed to hedge one another. It requires constant monitoring and is far less forgiving. Before placing any leveraged trade, it is essential to understand all the core concepts and risks, as detailed in our main guide: [Leverage Trading in Crypto: A Guide to the Double--Edged Sword].
Trade with control and intention. Utilize the flexibility of both Isolated and Cross Margin modes on BYDFi to execute your strategy with the precise level of risk you are comfortable with.
2026-01-16 · 20 days ago0 0207Crypto Conferences: A Guide to the Industry's Most Important Events
If you've only experienced the crypto industry through a screen—watching charts, reading articles, and engaging on social media—you're only seeing half the picture. The real heartbeat of the industry, where major announcements are made, partnerships are formed, and the next big trends are born, happens in person at crypto conferences.
These events are far more than just a series of presentations. They are the temporary capitals of the crypto world, bringing together developers, investors, founders, and enthusiasts from around the globe. For anyone serious about this space, understanding the landscape of these events is crucial.
Why Should You Care About Crypto Conferences?
Before we get to a list of names, it's important to understand the real value these events provide. The "alpha," as traders call it, is rarely found in the official presentations; it's found in the conversations happening in the hallways. Attending or even just following the news from these conferences gives you a powerful sense of the industry's narrative. You get to gauge the collective mood, see which projects have genuine momentum, and hear directly from the founders building the future of this technology.
The "Who's Who" of Global Crypto Conferences
The conference circuit has grown massively, but a few key events stand out as the most important gatherings on the calendar.
The Global Titans: Consensus and Token2049
Think of these as the Super Bowls of crypto. They are massive, multi-day events that attract tens of thousands of attendees and cover every corner of the industry. Consensus, typically held in North America, is one of the oldest and most established conferences, known for attracting major financial institutions and regulators alongside crypto natives. Token2049, with major events in Dubai and Singapore, has a more international, builder-focused feel, making it a premier networking hub for the entire Web3 ecosystem.
The Ethereum Ecosystem Hubs: Devcon and ETHDenver
For those who want to go deep on the technical side of the industry's largest smart contract platform, these two events are essential. Devcon is the official Ethereum developer conference, organized by the Ethereum Foundation itself. It is a deeply technical and research-oriented event. ETHDenver is the largest and longest-running Ethereum event in the world, famous for its community-driven vibe and its major hackathon, where many new and innovative projects get their start.
The Bitcoin-Focused Gathering: Bitcoin Conference
As the original cryptocurrency, Bitcoin has its own dedicated major event. The Bitcoin Conference is a massive gathering focused exclusively on the Bitcoin network, its development, and its adoption as a store of value and a payment system. It's a place for maximalists and new believers alike to gather and celebrate the past, present, and future of the world's most decentralized currency.
A Word of Caution: Signal vs. Noise
It's important to be realistic. As the industry has grown, so has the hype. Many conferences can be filled with marketing noise and over-the-top project promotions. The key skill is to learn how to separate the signal—the genuine technological innovation and insightful conversations—from the noise of pure speculation and shilling. A true expert doesn't believe everything they hear on stage; they use the event as a data point in their own ongoing research.
The Takeaway for Investors
You don't need to attend every conference to be a successful investor. However, paying attention to the major announcements, the key themes, and the general sentiment coming out of these key events can provide you with an invaluable edge. It helps you understand the narratives that will be driving the market in the months to come.
Stay ahead of the trends discussed at these events. Get access to a professional trading platform where you can act on the industry's most important developments. Explore the markets on BYDFi.
2026-01-16 · 20 days ago0 0207MicroStrategy acquires additional 10,500 BTC for $1 Billion
Just when the market thinks the buying pressure might ease up, MicroStrategy proves them wrong. In a filing released today, the enterprise software company turned Bitcoin development firm announced it has acquired another $1 billion worth of Bitcoin.
This latest purchase brings their total holdings to staggering new heights, further solidifying their position as the largest corporate holder of Bitcoin in the world. But this isn't just about a company buying an asset; it is a masterclass in capital markets arbitrage that is rewriting the playbook for corporate treasuries.
The Infinite Money Glitch?
To understand why MicroStrategy keeps buying, you have to understand how they are buying. They aren't just using profit from selling software. They are utilizing a strategy that some analysts have jokingly dubbed the "Infinite Money Glitch."
MicroStrategy issues convertible notes (debt) to institutional investors. Because the demand for exposure to MicroStrategy is so high, they can borrow this money at incredibly low interest rates—sometimes near 0% or 1%. They then take that cheap cash and buy Bitcoin, an asset that has historically appreciated at a rate far higher than the interest on the debt.
- The Spread: They borrow at <1% and buy an asset growing at >20% annually.
- The result: The difference creates massive accretive value for their shareholders, boosting the stock price and allowing them to borrow more to buy more Bitcoin.
Creating a Supply Shock
The impact of these purchases on the open market cannot be overstated. Bitcoin has a fixed supply cap of 21 million coins. By aggressively vacuuming up available coins from exchanges and OTC desks, MicroStrategy is actively creating a supply shock.
When you combine this corporate accumulation with the daily inflows from the Spot ETFs, the amount of Bitcoin available for sale is shrinking rapidly. This creates a "powder keg" dynamic where even a small increase in demand can lead to explosive price appreciation.
The Corporate FOMO Effect
MicroStrategy's success is becoming impossible to ignore. For years, other CEOs watched from the sidelines, calling the strategy risky. Now, as they watch MicroStrategy outperform the S&P 500 and major tech stocks, the narrative is shifting.
We are beginning to see the early signs of Corporate FOMO (Fear Of Missing Out). Companies like Microsoft are facing shareholder votes on whether to investigate Bitcoin investing. Smaller public companies are already copying the MicroStrategy playbook. If even a fraction of the S&P 500 decides to allocate just 1% of their treasury to Bitcoin, the buying pressure from MicroStrategy will look like a drop in the bucket.
Conclusion
Michael Saylor is not gambling; he is engineering a financial revolution. By converting depreciating fiat currency into appreciating digital scarcity, MicroStrategy is setting a standard that every CFO will eventually have to study.
The supply is drying up, and the institutions are hungry. To secure your position before the corporate rush intensifies, you need a reliable execution partner. Join BYDFi today to stack sats and manage your portfolio with professional-grade tools.
2026-01-16 · 20 days ago0 0206How to Land a Crypto Job With No Experience
So, you've seen the non-technical roles in crypto, and a lightbulb went off. You thought, "I can do that!" You found a job posting, got excited, and then you looked at your resume. Suddenly, that excitement turned into a knot in your stomach. Your resume is filled with great experience, but it lacks the keywords like "blockchain," "DeFi," or "DAO." You're worried a recruiter will instantly dismiss it. This feeling is the single biggest hurdle that keeps talented people like you from even applying.
Let's dismantle that hurdle right now. You don't need to invent experience; you need to translate it. Here’s how you can reframe your skills and build a resume that speaks the language of Web3.
Reframe Your Mindset, Not Just Your Resume
Before you change a single word, you need a mental shift. In the fast-moving crypto space, what you did is far more important than what you were called. Recruiters are looking for problem-solvers who are adaptable and can learn quickly. Your goal is to showcase these traits. Start with your professional summary at the top of your resume. Instead of just listing past titles, use it to signal your intent and passion for this new field.
For example, a traditional summary might say, "Results-driven marketing professional with 8+ years of experience." A Web3-ready summary would be, "Passionate marketing professional with 8+ years of experience building engaged online communities. Eager to apply my skills in brand growth and digital strategy to drive user adoption in the Web3 ecosystem." This immediately shows your interest and proves you're proactive about learning the space.
Translate Your Professional Experience
Now, go through your work history, bullet point by bullet point. For every accomplishment, ask yourself, "How does this skill apply to a crypto company?" Focus on highlighting experience that is relevant to a fast-paced, community-focused, and remote-first industry.
If you have a background in marketing, for instance, reframe "Managed the company's Facebook and Instagram accounts" to "Grew and engaged an online community of over 100,000 members across multiple digital platforms (X/Twitter, Discord)." If you were in project management, translate "Led a cross-functional team to launch a new software feature" into "Coordinated a remote, cross-functional team of engineers and marketers to successfully ship a new product feature on a tight deadline." You aren't changing the facts; you are simply highlighting the most relevant aspects of your proven skills.
Build Your "Proof of Knowledge" Portfolio
This is how you bridge the experience gap. You need to show tangible proof of your interest that goes beyond words on a resume. You can start building this portfolio in your spare time, demonstrating your initiative and passion.
- Become an Active User: You can't effectively market or manage a project for a product you don't understand. Create a "Projects" or "Web3 Experience" section on your resume and list your hands-on activities, such as "Actively use and analyze DeFi protocols on various networks" or "Familiar with the NFT minting process."
- Join a Community: Don't just lurk in a project's Discord or Telegram—participate. Answering questions and offering thoughtful feedback is a real, demonstrable contribution that shows your engagement and understanding.
- Start Writing: Publish short articles on a platform like Medium or create threads on X about what you're learning. This becomes a portfolio that proves your interest and your ability to communicate complex ideas to a public audience.
Your Resume Is Now Your Bridge to Web3
By reframing your proven skills and actively demonstrating your passion, you build a powerful bridge that connects your professional past to your Web3 future. The feeling of being underqualified is replaced by the confidence that you have real, applicable value to offer.
The best way to build your experience is to become a user. Dive in. Open your BYDFi account, make a few trades, explore different tokens, and start to understand the user journey. Your career research starts with a single click.
2026-01-16 · 20 days ago0 0206
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