<h2 style="line-height: 1.5;">How to Protect Yourself and Find Credible Crypto Investments</h2>The cryptocurrency market is often described as the &nbsp;Wild West &nbsp;of finance—an exciting and sometimes dangerous frontier where fortunes are made and lost overnight. For every story of early investors striking gold with Bitcoin or Ethereum, there are countless others who have been lured into scams, trapped in fraudulent projects, or left holding worthless tokens after a sudden crash. If you are entering this space for the first time, you’ve probably encountered strange terms like honeypot pads, rug pulls, or project social. You might even find yourself asking broader questions, such as &nbsp;Which investment has the least liquidity? &nbsp;or &nbsp;What exactly is Bitcoin, and how does it work? &nbsp;These questions aren’t trivial—they are the foundation of building a safe and credible crypto investment journey.Understanding these concepts can mean the difference between protecting your wallet and watching your hard-earned money vanish. The crypto world is filled with opportunities, but it is also full of traps carefully designed to exploit the uninformed. This guide unpacks the most notorious scams, explains the fundamentals of trusted digital assets, and offers a roadmap for distinguishing between illusion and reality in the crypto market. <h2 style="line-height: 1.5;">The Illusion of Honeypot Pads</h2>One of the most deceptive tricks in the crypto world comes in the form of what are called honeypot pads. These projects are not created with innovation or utility in mind. Instead, they are built as digital traps. The developers design smart contracts that look legitimate on the surface but secretly prevent investors from selling their tokens. At first, everything appears normal. You might see rapid price growth, exciting posts on social media, and a community of enthusiastic supporters claiming the project is &nbsp;the next big thing. &nbsp;But when you attempt to withdraw your investment or sell your tokens, you discover the trap: the contract has hidden restrictions that lock your funds in place.It’s like walking into a beautiful store filled with glittering products, handing over your money at the counter, and then realizing the exit doors have been welded shut. You can’t leave, and your money is gone.The infamous Squid Game token scam in 2021 is perhaps the most famous example. The token skyrocketed in value, drawing global attention, but when investors tried to sell, they found they couldn’t. Developers vanished, leaving behind worthless tokens and a community of devastated investors. More than $3 million disappeared overnight.Whether you are investing from the USA, the UK, or anywhere else in the world, understanding the mechanics of honeypot pads is essential. They prey on one of the most powerful emotions in investing: the fear of missing out, better known as FOMO. By learning to recognize these traps, you can avoid being seduced by the glitter of fake opportunity. <h2 style="line-height: 1.5;">Rug Pulls: When the Floor Disappears Beneath You</h2>Closely related to honeypot pads are rug pulls, another devastating scam that has plagued the crypto market. The term is as graphic as it sounds—imagine standing on a rug only to have it yanked from under your feet, sending you crashing to the ground. That is exactly what happens to investors when developers orchestrate a rug pull.The scheme usually begins with an elaborate marketing campaign. Developers set up sleek websites, release ambitious whitepapers, and flood Twitter, Telegram, and Reddit with promises of revolutionary technology. Paid influencers may jump on board, further fueling excitement. At first, everything seems legitimate. The token is added to a liquidity pool, and early investors rush in, watching the price climb as others join.Then comes the exit. Once the pool is full and the hype has reached its peak, the developers drain the liquidity or dump their massive holdings onto the market. In an instant, the token’s value collapses to near zero, leaving regular investors with nothing but empty wallets.In 2024, the OrdiZK project demonstrated how destructive rug pulls can be. Investors poured in millions, trusting the promises and community engagement, only to watch $1.4 million vanish when the developers dumped tokens and abused their privileged control of the project.Rug pulls are not limited to naïve newcomers; even seasoned traders can fall victim if they let hype replace due diligence. The lesson here is sobering: no matter how confident a project appears, transparency and accountability are non-negotiable when choosing where to invest. <h2 style="line-height: 1.5;">Bitcoin: The Original and Still the Standard</h2>In the midst of all this deception, many newcomers ask: &nbsp;What is Bitcoin, and why is it considered different? &nbsp;Bitcoin remains the foundation of the cryptocurrency market and the standard against which all others are measured. Unlike obscure tokens with questionable development teams, Bitcoin has a proven history, a transparent blockchain, and one of the most decentralized networks in existence.At its core, <a href="https://bitcoin.org/en/" target="_blank">Bitcoin</a> is a digital currency that operates on a blockchain, which functions as a secure and transparent public ledger. Every transaction is recorded and verified by a global network of computers, known as nodes. There is no central authority—no government, no bank, no single company—controlling Bitcoin. This decentralization makes it resistant to manipulation and censorship.New Bitcoins are created through a process called mining, where powerful computers solve mathematical problems to validate transactions. The miners are rewarded with Bitcoin for their work, which keeps the system secure and incentivized. Investors store Bitcoin in digital wallets, which may be software-based and connected to the internet (hot wallets) or hardware devices kept offline for maximum security (cold wallets).Bitcoin is considered a credible investment because of its liquidity and adoption. Unlike small tokens that may only trade on obscure exchanges, Bitcoin is listed everywhere and can be bought or sold in seconds without slippage. Its credibility doesn’t mean it is risk-free—it remains volatile—but it is worlds apart from the scams that plague the market. <h2 style="line-height: 1.5;">Liquidity: The Hidden Risk Few Consider</h2>When evaluating investments, liquidity is often overlooked. Liquidity simply refers to how easily you can buy or sell an asset without causing drastic price changes. In the world of crypto, low liquidity often translates to high risk.New and unverified tokens typically suffer from low liquidity. They might only be listed on one or two exchanges, and trading volumes can be minimal. This means even if the token’s price appears to rise, selling your holdings can be nearly impossible without driving the price down dramatically. Honeypot pads take this a step further by intentionally restricting liquidity, making your investment impossible to withdraw.NFTs also fall into this category. While some NFTs command high prices and active markets, many are issued by obscure projects with little demand. Owning such an NFT can be like owning an artwork no one wants—you may treasure it, but selling it at a fair price becomes nearly impossible.Even among cryptocurrencies, small-cap altcoins often struggle with liquidity. Unlike Bitcoin or<a href="https://ethereum.org/en/" target="_blank"> Ethereum</a>, which have deep markets and constant trading activity, these lesser-known tokens can trap investors in positions they cannot exit. For anyone considering such assets, examining liquidity pools and trading volumes is not optional; it is survival. <h2 style="line-height: 1.5;">Navigating Toward Credible Investments</h2>Avoiding scams and finding credible projects requires more than luck—it requires discipline, skepticism, and research. The difference between success and disaster in crypto often comes down to how thoroughly you investigate before committing funds. Ask yourself: Does this project have a real team with verifiable identities? Is its whitepaper a genuine technical roadmap or a vague collection of promises? Is the community authentic, or does it look inflated with bots and exaggerated hype?Smart contracts should always be scrutinized, preferably with the help of auditing firms like CertiK. Reputable projects usually welcome audits because they prove the code has no hidden traps. Equally important is understanding liquidity mechanics. A project with locked liquidity is far safer than one where developers maintain full control over the funds.Above all, investors should resist the seduction of guaranteed returns. Nothing in crypto—or any financial market—is risk-free. When you see slogans promising effortless riches, remember the golden rule: if it sounds too good to be true, it almost certainly is. <h2 style="line-height: 1.5;">Building a Safe and Balanced Portfolio</h2>Despite the dangers, the crypto market remains filled with opportunity. The key lies in focusing on assets with proven credibility. Bitcoin and Ethereum continue to stand at the top, not because they promise the fastest gains, but because they have survived the test of time and built global trust. Beyond these, blue-chip altcoins such as <a href="https://solana.com/" target="_blank">Solana</a> or <a href="https://cardano.org/" target="_blank">Cardano</a> represent projects with strong development teams and real-world use cases. Stablecoins like USDT or USDC also play a role, offering relative stability in a volatile market.Investors today also have access to powerful tools for research and security. Platforms like <a href="https://coinmarketcap.com/" target="_blank">CoinMarketCap</a> and CoinGecko provide detailed information on market activity, while explorers like Etherscan reveal the transparency of blockchain data. Even wallets such as Trust Wallet now integrate security scanners to alert users about potential risks.For those trading in regions like the USA or UK, regulation is another factor to consider. Agencies such as the SEC keep a close eye on crypto projects, and while regulation can feel restrictive, it also helps protect investors from outright fraud. Choosing compliant platforms ensures your investments remain on safer ground. <h2 style="line-height: 1.5;">Final Thoughts: Knowledge as Your First Line of Defense</h2>The cryptocurrency market is a place of immense opportunity, but also one of profound risk. Honeypot pads and rug pulls thrive on ignorance and emotion, preying on investors who rush in without asking the right questions. By understanding how these scams operate, recognizing the importance of liquidity, and grounding yourself in the fundamentals of credible projects like Bitcoin, you put yourself miles ahead of the average investor.Crypto will always be volatile. Prices will rise and fall, trends will come and go, and new projects will emerge every day. But scams only succeed when people abandon caution in the heat of the moment. Don’t let FOMO cloud your judgment. Equip yourself with knowledge, remain skeptical of hype, and rely on transparency as your compass.The frontier of digital finance is expanding, and with the right mindset, you can explore it confidently. The traps are real, but so are the opportunities. Choose wisely, and your crypto journey can be one of growth, learning, and long-term success. Start Your Crypto Journey with <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>– Buy Bitcoin, Ethereum, and more in minutes!

Honeypot Pads and Rug Pulls: Protect Your Crypto Investments

Honeypot & Rug Pulls: Protect Your Crypto

Cointalk

Step into any crypto discussion on X (Twitter), Discord, or Reddit, and you’ll be hit with a barrage of unfamiliar acronyms. It can feel like an exclusive club with its own secret language. Of all the slang, two terms reign supreme in capturing the emotional rollercoaster of the market: WAGMI and NGMI. Understanding the WAGMI meaning and the brutal honesty of NGMI is more than just learning vocabulary—it’s about understanding the psychology of the crypto community. At BYDFi, we believe that informed traders are the most successful traders, and that starts with speaking the language. <h3 style="line-height: 2.5;">WAGMI: The Battle Cry of Optimism</h3>WAGMI stands for "We're All Gonna Make It."This is the ultimate expression of hope and community in the crypto space. It’s a rally cry that signifies a shared belief in a project's success and the conviction that everyone in the community, from the largest whale to the smallest retail investor, will benefit. You'll typically see WAGMI used when:A project announces positive news or a new partnership.The market is experiencing a strong bull run.Community members are encouraging each other to "HODL" (hold on for dear life) during a price dip. WAGMI is about collective conviction. It’s a powerful sentiment that can fuel momentum and build a loyal following around a token or NFT project. <h2 style="line-height: 2.5;">NGMI: The Harsh Verdict of Crypto Darwinism</h2>On the opposite end of the spectrum, NGMI stands for "Not Gonna Make It." This is a blunt, often critical judgment passed on a person, project, or decision. The NGMI full form is a declaration that someone has made a fatal error in their strategy or that a project is fundamentally flawed and doomed to fail. NGMI is frequently used to describe someone who:Panic-sells their holdings at the bottom of a market dip.Falls for an obvious scam or phishing attack ([Learn how to spot and avoid crypto scams]).Invests in a project with clear red flags without doing their own research.Fails to understand a basic concept of the crypto space. To be labeled NGMI is to be told you don't have what it takes to succeed in this demanding and fast-paced environment. <h2 style="line-height: 2.5;">How Traders Can Use This as a Sentiment Indicator</h2>While seemingly simple slang, the prevalence of WAGMI vs. NGMI can be a powerful, if informal, market sentiment indicator. A chorus of "WAGMI" across social media can signal that market sentiment is highly optimistic or "greedy." This can indicate strong momentum, but it can also be a warning sign of excessive FOMO (Fear Of Missing Out) that may precede a market correction.An increase in "NGMI" can show that sentiment is turning fearful or critical. It might highlight growing FUD (Fear, Uncertainty, and Doubt) around a specific project or the market as a whole. While you should never trade on slang alone, paying attention to the language of the community can provide valuable context to your technical and fundamental analysis. <h2 style="line-height: 2.5;">From Outsider to Insider</h2>Understanding terms like WAGMI and NGMI is your first step to becoming a more informed market participant. It allows you to decode the sentiment of the community and see beyond the charts. Speaking the language is the start. Having the right platform to act on that knowledge is the next step. Join the community of savvy traders on <a href="https://www.bydfi.com/ar" target="_blank">BYDFi </a>today!

WAGMI vs. NGMI: Understanding the Language of the Crypto Market

<h2 style="line-height: 1.5;">Why This Hidden Gem Could 10x Your Portfolio in 2025: A Deep Dive into Osmosis Crypto</h2>Hey there, fellow crypto explorer! If you've ever wondered, &nbsp;what is Osmosis crypto? &nbsp;or been curious about the potential of the OSMO token, you’re in the right place. Over the years, I’ve navigated the wild world of decentralized finance, starting with basic Bitcoin trades back in my college dorm, gradually building a diversified portfolio across multiple blockchains. Through the ups and downs, one project that has consistently caught my eye is Osmosis. Launched in 2021, Osmosis has steadily grown into a unique player in the Cosmos ecosystem. And with Bitcoin dominance at record highs, cross-chain trading becoming mainstream, and decentralized finance evolving faster than ever, 2025 might just be the year this token surprises everyone. Whether you’re a beginner frustrated with high fees on centralized exchanges or an experienced trader seeking better yields and more control, this guide will break everything down in a clear, human way. <h2 style="line-height: 1.5;">What Is Osmosis Crypto? The DeFi Hub Powering Cross-Chain Innovation</h2>Imagine a world where trading tokens across blockchains feels as effortless as sending a message. No bridges, no wrapped assets, no unnecessary complications—just seamless interoperability. That’s Osmosis crypto.Created by Osmosis Labs, a team of Cosmos veterans including Sunny Aggarwal, Josh Lee, and Dev Ojha, Osmosis launched as a Layer-1 blockchain built on the Cosmos SDK. But it’s more than just a blockchain. It’s a full-fledged decentralized finance hub that connects over 140 independent blockchains through the Inter-Blockchain Communication (IBC) protocol, enabling users to trade, stake, lend, and build without depending on centralized intermediaries like Binance or &nbsp;<a href="https://www.bydfi.com/en" target="_blank">BYDFi</a> Think of Osmosis like the app store for the Internet of Blockchains. Unlike Ethereum-based decentralized exchanges like Uniswap, which often face congestion and high gas fees, Osmosis thrives on low-cost, high-speed transactions, often just $0.01–$0.05 per trade. That makes it ideal for everyday traders across the US, Europe, India, and beyond.The network uses Proof-of-Stake (PoS) with more than 150 active validators, ensuring security, decentralization, and resistance against attacks. What makes Osmosis stand out, though, is its customization. Users can create personalized automated market makers (AMMs), adjusting swap fees, slippage tolerance, and even creating multi-token pools. Beginners enjoy a clean, user-friendly interface, while advanced traders benefit from on-chain order books and MEV protection to reduce front-running risks. <h2 style="line-height: 1.5;">The Osmo Token: The Heartbeat of the Ecosystem</h2>The OSMO token is more than a tradeable asset. It’s the governance and utility engine of Osmosis. With a total supply capped at 1 billion tokens and roughly 740 million currently circulating, OSMO uses a unique thirdening &nbsp;schedule, reducing inflation by one-third every two years (currently around 6% as of July 2025). This deflationary mechanism creates scarcity, rewarding holders over time as adoption grows.1- Governance Power: Stake OSMO to vote on network proposals, from listing new tokens to upgrading liquidity pools. Every holder can influence the ecosystem.2- Staking Rewards: Earn up to 10–15% APY by staking OSMO. A unique feature called superfluid staking allows you to earn rewards while providing liquidity to pools, effectively doubling yields without locking funds.3- Liquidity Incentives: Bootstrap liquidity pools on Osmosis Exchange and earn swap fees (up to 0.3%) along with additional token emissions.4- Fee Payments: Use OSMO or 140+ other tokens to pay gas fees, with 30% redistributed to stakers and 70% burned, adding deflationary pressure. As of September 10, 2025, the token trades around $0.17 USD, up 2.63% in the last 24 hours, with a market cap of $125.9 million. While that’s down from its all-time high of $11.25 in March 2022, recent developments like Bitcoin bridging indicate a potential rebound. Daily trading volume remains strong at $8.35 million, showing real liquidity without the manipulations common on some platforms. <h2 style="line-height: 1.5;">How the Osmosis Exchange Works</h2>Osmosis Exchange is not just a DEX—it’s a full DeFi ecosystem. Powered by advanced AMMs, it supports:1- Standard and Concentrated Liquidity Pools: Whether you prefer broad exposure or capital-efficient concentrated pools, Osmosis offers flexibility far beyond standard DEXs.2- Cross-Chain Swaps: Trade assets from Cosmos Hub, dYdX, Injective, and even Bitcoin or Ethereum via bridges—no more wrapping ATOM into wATOM.3- Advanced Tools: Limit orders, TWAPs (time-weighted average price), perps up to 30x leverage, and lending via Mars Protocol. Low fees maximize trader profits.For beginners, the platform integrates seamlessly with wallets like <a href="https://www.keplr.app/" target="_blank">Keplr </a>and Ledger, offering secure, gasless trades. Yield farmers can use vaults to automate strategies, minimizing impermanent loss. The ecosystem itself has processed over $42 billion in all-time volume, including apps for NFTs, stablecoins, and fiat on-ramps. Recent upgrades like ProtoRev allow on-chain arbitrage, capturing MEV revenue and rewarding OSMO stakers directly. <h2 style="line-height: 1.5;">Osmosis Token Price Analysis: Is It the Right Time to Buy?</h2>Currently, OSMO trades at $0.1694, with a daily volume of $8.35 million. It has outperformed the broader crypto market recently, thanks to Cosmos’ IBC growth and Bitcoin bridge integration.Bullish indicators include:1- Active developer community (one of the busiest in Cosmos)2- Monthly governance votes3- New integrations like XRP liquidity potentially boosting volumeRisks exist too: high circulating supply (996M tokens) and competition from Solana DEXs. Yet for long-term holders, OSMO is undervalued. For example, staking $1,000 could yield ~12% APY, with potential appreciation to $0.50 by the end of 2025 if cross-chain adoption expands. <h2 style="line-height: 1.5;">How to Buy Osmosis Token: Step-by-Step</h2>Even if you’re new or trading in non-USD currencies, buying OSMO is simple:1- Choose a Wallet: Keplr for Cosmos-native access or Ledger for hardware security. Trust Wallet works for mobile.2- Fund with Fiat or Crypto: Buy USDT/BTC on a CEX like Binance or &nbsp;<a href="https://www.bydfi.com/en" target="_blank">BYDFi</a>, then transfer via IBC to your wallet.3- Use Osmosis Exchange: Connect your wallet at app.osmosis.zone and swap USDT for OSMO—no KYC required.4- Alternative via CEX: Buy OSMO on Binance, <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>, or Gate.io, then withdraw to your wallet for staking.5- Stake Immediately: Delegate OSMO to validators via the dashboard to start earning rewards.Pro tips: Always double-check chain addresses, avoid sending tokens to the wrong network, and keep trade amounts small while you get familiar. Total fees? Often under $1 for a $100 trade. <h2 style="line-height: 1.5;">Why Invest in Osmosis Crypto?</h2>Osmosis addresses real pain points in the crypto world. High CEX fees, risky bridges, and fragmented ecosystems make trading cumbersome. Osmosis solves this with trustless IBC swaps, superfluid staking, and a growing ecosystem that includes lending, margin trading, and NFT applications.For US traders, it’s USD-stablecoin friendly. For global users, low fees beat currency volatility. With over $307 million in assets locked and more than 50 connected chains, Osmosis is well-positioned for long-term growth. Even starting with a small $50 stake, you can participate in the network and earn meaningful returns. <h2 style="line-height: 1.5;">Final Thoughts</h2>Osmosis crypto is not just another token—it’s a gateway to interchain DeFi, combining innovation, usability, and real earning potential. From understanding what Osmosis is to buying OSMO and staking for rewards, the tools are all there.If you’re tired of fragmented trading experiences or looking for yields higher than traditional savings accounts, Osmosis is worth exploring. Remember, crypto is volatile, so only invest what you can afford to lose. Whether you use the Osmosis exchange directly or platforms like &nbsp;<a href="https://www.bydfi.com/en" target="_blank">BYDFi</a>, now is the time to study, explore, and position yourself for potential gains in 2025.

BYDFi + Osmosis: The Perfect Combo for DeFi Traders

BYDFi x Osmosis: The Future of Cross-Chain Trading

<h2 style="line-height: 1.5;">Shocking Chart Patterns Secrets That Could Skyrocket Your Trading Profits in 2025!</h2>Are you tired of staring at stock charts, feeling overwhelmed by the endless lines and shapes? Do you wonder how to read stock chart patterns or how to trade chart patterns to boost your trading success? Whether you're a beginner in the U.S. trading on a tight budget or an experienced investor in the UK looking to refine your strategies, mastering chart patterns is the key to unlocking profitable trades. In this ultimate guide, we’ll reveal the secrets of stock chart patterns, provide a chart patterns cheat sheet, and show you how to use trading chart patterns like a pro to make smarter, data-driven decisions. Buckle up—this is your ticket to transforming confusion into confidence! <h2 style="line-height: 1.5;">What Are Chart Patterns? </h2>Chart patterns are visual formations created by a stock’s price movements on a chart, offering clues about future price behavior. These patterns are the backbone of technical analysis, helping traders predict whether a stock’s price will rise, fall, or consolidate. By learning how to read chart patterns, you can spot opportunities to buy low, sell high, or avoid losses.For traders in any country , whether you’re dealing in USD, GBP, or EUR—these patterns are universal. They reflect human psychology and market sentiment, making them essential for anyone asking, “What are chart patterns?” or “How to trade chart patterns? <h2 style="line-height: 1.5;">Types of Chart Patterns</h2>1- Continuation Patterns: Signal that the current trend (up or down) will likely continue. Examples include triangles, flags, and pennants. 2- Reversal Patterns: &nbsp;Indicate a potential change in trend direction, such as head and shoulders, double tops, or double bottoms.Understanding these patterns can help you time your trades, whether you’re a day trader in New York or a swing trader in London. <h2 style="line-height: 1.5;">Why Chart Patterns Matter for Traders</h2>Identify Trends: Know whether to buy, sell, or hold , manage Risk: Set stop-loss levels based on pattern breakouts and Boost Confidence: Make informed decisions backed by data, not emotions.For beginners wondering how to read stock chart patterns, this guide will break it down step-by-step. For seasoned traders, we’ll uncover advanced tips to refine your trading chart patterns strategy. <h2 style="line-height: 1.5;">Top 5 Chart Patterns Every Trader Must Know</h2><h2 style="line-height: 1.5;">1- Head and Shoulders (Reversal Pattern)</h2>This pattern signals a trend reversal, often appearing after a prolonged uptrend or downtrend. It looks like three peaks: two smaller &nbsp;shoulders &nbsp;and a higher &nbsp;head &nbsp;in the middle. <ul><li style="line-height: 1.5;">How to Spot It: Look for a peak (head) flanked by two lower peaks (shoulders) on a stock chart. </li><li style="line-height: 1.5;">How to Trade It: Enter a short position when the price breaks below the &nbsp;neckline &nbsp;(the line connecting the shoulders’ lows). For example, if trading Apple (AAPL) in USD, set a stop-loss above the right shoulder. </li><li style="line-height: 1.5;">Pro Tip: Confirm with volume—higher volume on the breakout increases reliability.</li></ul>Image Suggestion: A stock chart highlighting a head and shoulders pattern with annotations for the head, shoulders, and neckline. <h2 style="line-height: 1.5;">2- Double Top and Double Bottom (Reversal Patterns)</h2>These patterns signal a potential trend reversal after a stock hits a resistance (double top) or support (double bottom) level twice. <ul><li style="line-height: 1.5;">How to Spot It: A double top looks like an “M,” while a double bottom resembles a “W.” </li><li style="line-height: 1.5;">How to Trade It: For a double top, sell when the price breaks below the support level. For a double bottom, buy when the price breaks above resistance. </li><li style="line-height: 1.5;">Example: A trader in the UK might spot a double bottom on BP (BP.L) in GBP and buy on the breakout, targeting a 10% price increase.</li></ul> <h2 style="line-height: 1.5;">3. Triangles (Continuation Patterns)</h2>Triangles , ascending, descending, or symmetrical—form when price consolidates, signaling a continuation of the existing trend. <ul><li style="line-height: 1.5;">How to Spot It: Look for converging trendlines as the price forms higher lows (ascending) or lower highs (descending). </li><li style="line-height: 1.5;">How to Trade It: Enter a trade when the price breaks out of the triangle, ideally with high volume. For instance, a breakout in <a href="https://www.tesla.com/" target="_blank">Tesla</a> (TSLA) could signal a $50 move in USD. </li><li style="line-height: 1.5;">Pro Tip: Ascending triangles are bullish, while descending triangles are bearish.</li></ul> <h2 style="line-height: 1.5;">4. Flags and Pennants (Continuation Patterns)</h2><ul><li style="line-height: 1.5;">How to Spot It: A flag looks like a rectangular consolidation, while a pennant is a small triangle after a strong trend. </li><li style="line-height: 1.5;">How to Trade It: Buy on a bullish flag breakout or sell on a bearish one. For example, a Canadian trader might trade a flag pattern on Shopify (SHOP) in CAD.</li></ul> <h2 style="line-height: 1.5;">5. Candlestick Chart Patterns</h2>Candlestick chart patterns add another layer of insight, revealing market sentiment through individual candlesticks or combinations like doji, hammer, or engulfing patterns. <ul><li style="line-height: 1.5;">How to Spot It: A bullish engulfing pattern shows a small red candle followed by a larger green one, signaling buying pressure. </li><li style="line-height: 1.5;">How to Trade It: Use candlestick patterns to confirm other chart patterns. For instance, a bullish engulfing candle at the bottom of a double bottom adds confidence to a buy signal.</li></ul> <h2 style="line-height: 1.5;">How to Read Stock Chart Patterns Like a Pro</h2>Reading stock chart patterns isn’t just about spotting shapes, it’s about understanding context. Here’s a step-by-step guide to answer how to read chart patterns: Choose the Right Chart Type use candlestick charts for detailed insights or line charts for simplicity , identify the Trend: Is the stock in an uptrend, downtrend, or consolidation? Patterns behave differently in each context. Spot Key Levels &nbsp;mark support and resistance levels to confirm pattern validity , check Volume &nbsp;Breakouts with high volume are more reliable. For example, a U.S. trader analyzing NVIDIA (NVDA) should look for volume spikes. Use Timeframes: Day traders might use 5-minute charts, while swing traders prefer daily or weekly charts. <h2 style="line-height: 1.5;">How to Trade Chart Patterns for Maximum Profit</h2>Set Clear Entry and Exit Points: Enter trades on confirmed breakouts and set stop-losses below support levels , use Risk Management Never risk more than 1-2% of your account on a single trade. For a $10,000 USD account, that’s $100-$200 per trade. Combine with Indicators: Use tools like moving averages or RSI to confirm patterns. For example, a 50-day moving average can validate a double bottom breakout , track Performance: Keep a trading journal to analyze which patterns work best for you.Example: A trader in Australia spots a symmetrical triangle on BHP Group (BHP.AX) in AUD. They buy on the breakout, set a stop-loss 5% below, and aim for a 10% profit target. <h2 style="line-height: 1.5;">Common Mistakes to Avoid When Trading Chart Patterns</h2>Ignoring Volume: Low-volume breakouts often fail , overtrading: Stick to high-probability setups instead of forcing trades. neglecting Context: A pattern in a strong uptrend is more reliable than one in a choppy market. <h2 style="line-height: 1.5;">Your Next Steps to Master Chart Patterns</h2><ol><li style="line-height: 1.5;">Download a Chart Patterns Cheat Sheet: Create a quick-reference guide for the patterns above. </li><li style="line-height: 1.5;">Practice on a Demo Account: Test your skills without risking real money. </li><li style="line-height: 1.5;">Join a Trading Community: Connect with traders in the U.S., UK, or beyond to share tips and strategies. </li><li style="line-height: 1.5;">Explore Advanced Tools: Use platforms like <a href="https://cn.tradingview.com/" target="_blank">TradingView </a>or MetaTrader to analyze stock chart patterns in real-time.</li></ol> Thousands of traders use <a href="https://www.bydfi.com/en" target="_blank">BYDFi</a> to profit from chart patterns , You’ve got the knowledge—now get the platform.

From Beginner to Pro: How to Use Chart Patterns to Boost Profits

<h3>What Is a Joint Checking Account and Is It Right for You?</h3>Managing money with another person can be complex, but a joint checking account is a common tool designed to simplify the process. Whether for a spouse, a parent, or a business partner, sharing an account can offer convenience and transparency. However, it also comes with risks and responsibilities that require careful consideration. This guide breaks down exactly what a joint checking account is, how it works, its key advantages and disadvantages, and who should consider opening one.<h2 style="line-height: 2.5;">What Is a Joint Checking Account?</h2>A joint checking account is a bank account owned by two or more people. All owners have equal rights and access to the funds in the account, regardless of who deposited the money. This means any account holder can make deposits, withdraw cash, write checks, and pay bills without needing permission from the others. Most joint accounts provide debit cards for each co-owner, allowing for direct purchases and ATM access.<h2 style="line-height: 2.5;">The Core Pros and Cons</h2>Deciding whether to open a joint account requires weighing the benefits against the potential drawbacks.<h4 style="line-height: 1.5;">Key Advantages:</h4><ul><li style="line-height: 1.5;">Simplifies Shared Finances: For couples or roommates, a joint account streamlines the process of paying for shared expenses like rent, utilities, and groceries. It eliminates the need to constantly transfer money back and forth. </li><li style="line-height: 1.5;">Increases Transparency: Since all transactions are visible to every account holder, it fosters open communication about spending habits and financial health. This shared view helps with budgeting and accountability. </li><li style="line-height: 1.5;">Helps Achieve Shared Goals: Saving for a big purchase, like a vacation or a down payment, is often easier when both parties can contribute to and track progress in a single account.</li><li style="line-height: 1.5;">Provides Access in Emergencies: A joint account can be crucial for aging parents and their adult children. It allows a caregiver to easily manage a parent's finances and pay bills. If one account holder passes away, the surviving owner typically retains immediate access to the funds, avoiding potential legal delays.</li></ul> <h4 style="line-height: 1.5;">Key Disadvantages:</h4><ul><li style="line-height: 1.5;">Equal Liability: Every co-owner is fully responsible for all activity on the account. If one person overdraws the account or racks up fees, all owners are legally liable for the debt.</li><li style="line-height: 1.5;">Loss of Financial Autonomy: Because all owners have equal access, one person can withdraw a large sum or even empty the account without the other's consent. This requires a significant level of trust.</li><li style="line-height: 1.5;">Reduced Privacy: All spending is visible to your co-owner, which may feel intrusive for those who prefer to keep some purchases private.</li><li style="line-height: 1.5;">Complications During Separations: If a relationship ends, untangling and closing a joint account can be a difficult and contentious process.</li></ul> <h2 style="line-height: 2.5;">Who Is a Joint Account Good For?</h2>Joint accounts are not just for married couples. They can be a practical tool for various relationships:<ul><li style="line-height: 1.5;">Married or Unmarried Couples: Ideal for managing shared household expenses and savings goals. &nbsp;Some couples use a joint account for shared bills while keeping separate personal accounts for individual spending. </li><li style="line-height: 1.5;">Parents and Teenagers: A joint account is an excellent way for parents to teach their children money management skills while being able to monitor their spending and easily transfer funds.</li><li style="line-height: 1.5;">Adult Children and Aging Parents: They allow a trusted child to help an elderly parent manage their finances, pay bills, and monitor for fraudulent activity. </li><li style="line-height: 1.5;">Business Partners: Useful for managing shared business expenses and revenues, though a formal business account is often a better long-term solution.</li></ul> Before opening a joint account, it is critical that all parties have an honest conversation about financial habits, goals, and expectations to ensure a smooth and trusting partnership.

Joint Checking Account: Is It a Trap or a Smart Move

Sending money across borders or even domestically can feel like a breeze, until you see the wire transfer fees eating into your hard-earned cash. Whether you're paying for an overseas supplier, supporting family abroad, or transferring funds to a new account, those pesky bank wire fees can add up fast. If you’ve ever Googled “how much does it cost to wire money?” or “how much does a wire transfer cost?”, you’re not alone. Millions of people are shocked by hidden charges and unclear pricing.In this article, we’ll break down 10 critical facts about wire transfer fees that every sender needs to know. From international wire transfer fees to tips for finding free wire transfers, this listicle will help you save money and make informed decisions. Let’s dive in and uncover the truth about how much to wire money in 2025! <h2 style="line-height: 1.5;">10 Must-Know Facts About Wire Transfer Fees</h2>1. Domestic Wire Transfers Aren’t Always CheapYou might assume wiring money within the same country is inexpensive, but bank wire fees for domestic transfers can range from $15 to $35 per transaction in the U.S. For example:<ul><li style="line-height: 1.5;">Big banks like Chase or Bank of America often charge $25–$35 for outgoing domestic wires.</li><li style="line-height: 1.5;">Credit unions or smaller banks may offer lower fees, sometimes as low as $10.</li><li style="line-height: 1.5;">Tip: Check if your bank offers free domestic wires for premium account holders or high-balance customers.</li></ul>2. International Wire Transfer Fees Can Be Outrageous<ul><li style="line-height: 1.5;">Sending money abroad? Brace yourself for international wire transfer fees that can hit $45 or more per transfer. Additional costs may include:</li><li style="line-height: 1.5;">Intermediary bank fees: Third-party banks may take a cut, adding $10–$20.</li><li style="line-height: 1.5;">Currency conversion fees: Banks often use unfavorable exchange rates, costing you 1–3% extra.</li><li style="line-height: 1.5;">Example: Wiring $5,000 from the U.S. to Europe could cost $70+ in total fees.</li><li style="line-height: 1.5;">Tip: Compare rates on platforms like <a href="https://wise.com/" target="_blank">Wise</a> or <a href="https://www.revolut.com/" target="_blank">Revolut</a> for cheaper international transfers.</li></ul>3. Receiving Wires Isn’t Always Free<ul><li style="line-height: 1.5;">Think you’re off the hook if you’re receiving money? Not so fast. Many banks charge incoming wire transfer fees, typically $10–$20 for domestic wires and up to $30 for international ones. </li><li style="line-height: 1.5;">Pain point: These fees can surprise freelancers or small business owners receiving payments.</li><li style="line-height: 1.5;">Solution: Ask the sender to use a service with free wire transfers or negotiate to split fees.</li></ul>4. Some Banks Offer Free Wire Transfers (But There’s a Catch)<ul><li style="line-height: 1.5;">Yes, free wire transfers exist, but they often come with conditions:</li><li style="line-height: 1.5;">Premium accounts: Banks like Ally or Capital One 360 may waive fees for high-tier accounts.</li><li style="line-height: 1.5;">Promotions: New customers might get free wires during a limited-time offer.</li><li style="line-height: 1.5;">Online banks: Digital-first banks often have lower or no fees compared to traditional banks.</li><li style="line-height: 1.5;">Catch: You may need to maintain a minimum balance or meet other requirements.</li></ul>5. SWIFT vs. SEPA: Know the Difference<ul><li style="line-height: 1.5;">If you’re wiring money internationally, the transfer method matters. </li><li style="line-height: 1.5;">SWIFT: Used globally, but slower (1–5 days) and pricier due to intermediary fees.</li><li style="line-height: 1.5;">SEPA: For Eurozone countries, SEPA transfers are faster and often cheaper (sometimes free).</li><li style="line-height: 1.5;">Context: If you’re in the EU sending Euros, always choose SEPA to avoid high international wire transfer fees.</li></ul>6. Hidden Fees Can Sneak Up on You<ul><li style="line-height: 1.5;">Banks aren’t always upfront about wire transfer fees. Watch out for:</li><li style="line-height: 1.5;">Correspondent bank fees: Charged by banks that process the transfer.</li><li style="line-height: 1.5;">Cancellation fees: Some banks charge $20–$50 to cancel a wire.</li><li style="line-height: 1.5;">Tracer fees: If a wire goes missing, tracking it could cost extra.</li><li style="line-height: 1.5;">Tip: Always ask for a full fee breakdown before initiating a transfer.</li></ul>7. Transfer Speed Impacts Costs<ul><li style="line-height: 1.5;">Need money sent urgently? Faster wires often come with higher bank wire fees. </li><li style="line-height: 1.5;">Same-day wires: Can cost $10–$20 more than standard transfers.</li><li style="line-height: 1.5;">Standard wires: Take 1–3 days domestically or 3–7 days internationally but are cheaper.</li><li style="line-height: 1.5;">Solution: Plan ahead to avoid paying extra for rush transfers.</li></ul>8. Alternatives to Wire Transfers Can Save You Money<ul><li style="line-height: 1.5;">Wire transfers aren’t your only option. Consider these alternatives:</li><li style="line-height: 1.5;">ACH transfers: Often free or low-cost ($1–$3) but slower (1–3 days).</li><li style="line-height: 1.5;">Peer-to-peer apps: PayPal, Venmo, or Cash App may offer free transfers for personal use.</li><li style="line-height: 1.5;">Fintech platforms: Wise, Remitly, or <a href="https://www.ofx.com/en-hk/" target="_blank">OFX </a>often beat banks on international wire transfer fees.</li><li style="line-height: 1.5;">Example: Sending $1,000 to Canada via Wise might cost $7 vs. $45 through a bank.</li></ul>9. Fees Vary by Country and Currency<ul><li style="line-height: 1.5;">How much does it cost to wire money depends on where you’re sending it. For instance:</li><li style="line-height: 1.5;">U.S. to Mexico: Fees are often lower due to high transfer volumes ($10–$30).</li><li style="line-height: 1.5;">U.S. to India: Expect higher fees ($20–$50) plus currency conversion costs.</li><li style="line-height: 1.5;">Tip: Research country-specific fees and use comparison tools like Monito to find the best deal.</li></ul>10. You Can Negotiate or Shop Around<ul><li style="line-height: 1.5;">Don’t settle for high wire transfer fees! Many banks are willing to waive or reduce fees, especially for loyal customers. Alternatively:</li><li style="line-height: 1.5;">Compare banks: Online banks and credit unions often have lower fees.</li><li style="line-height: 1.5;">Use fintech: Platforms like TransferWise or <a href="https://www.xoom.com/?locale=en-US" target="_blank">Xoom </a>specialize in low-cost transfers.</li><li style="line-height: 1.5;">Ask for discounts: If you’re a small business or frequent sender, negotiate with your bank.</li></ul> <h2 style="line-height: 1.5;">Conclusion: Take Control of Your Wire Transfer Costs</h2>Wire transfer fees don’t have to be a mystery—or a budget-killer. By understanding how much a wire transfer costs and exploring options like free wire transfers or fintech alternatives, you can save big on domestic and international wire transfer fees. Whether you’re sending money to family in another country or paying an overseas vendor, these 10 tips empower you to make smarter financial decisions.Ready to save? Compare transfer options today, check your bank’s fee schedule, or try a low-cost platform like Wise. Your wallet will thank you! <h2 style="line-height: 1.5;">How Much to Wire Money Depends on the Banks — And It's Not Consistent</h2>Each bank sets its own pricing. Here’s a quick snapshot of what you might face:<table style="width: 100%;"><tbody><tr><th colSpan="1" rowSpan="1" width="auto">Bank</th><th colSpan="1" rowSpan="1" width="auto">Domestic Fee</th><th colSpan="1" rowSpan="1" width="auto">International Fee</th></tr><tr><td colSpan="1" rowSpan="1" width="auto">Bank of America</td><td colSpan="1" rowSpan="1" width="auto">$30</td><td colSpan="1" rowSpan="1" width="auto">$45–$50</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Wells Fargo</td><td colSpan="1" rowSpan="1" width="auto">$30</td><td colSpan="1" rowSpan="1" width="auto">$45</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Chase Bank</td><td colSpan="1" rowSpan="1" width="auto">$25</td><td colSpan="1" rowSpan="1" width="auto">$40–$50</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Citibank</td><td colSpan="1" rowSpan="1" width="auto">$25</td><td colSpan="1" rowSpan="1" width="auto">$35–$45</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Ally Bank</td><td colSpan="1" rowSpan="1" width="auto">$0 (ACH only)</td><td colSpan="1" rowSpan="1" width="auto">Not supported</td></tr></tbody></table> <h2 style="line-height: 1.5;">Final Thought: </h2>Before you hit “send” on your next wire transfer, take a moment to shop around and question those fees. Whether it’s a domestic or international wire transfer, every dollar saved counts. Use comparison tools, explore fintech options like Wise or Revolut, and always double-check your bank’s fine print. Armed with these 10 insights, you’re ready to make cost-effective choices and keep more money in your pocket. Start saving on wire transfer fees today! You can visit the <a href="https://www.bydfi.com/en" target="_blank">BYDFi</a> platform to learn more about investments and successful ways to live a successful life.

International Wire Transfer Fees Are Robbing You , Here’s How to Fight Back

<h3 style="line-height: 1.5;"> Why Free Crypto Matters in 2025</h3>In 2025, the digital economy is moving faster than ever, and one question is on everyone’s mind: how can I get free crypto? Whether you are a beginner just stepping into the blockchain world or an experienced trader looking for new opportunities, earning free crypto is one of the smartest ways to grow your portfolio without risking your hard-earned money. The crypto market is booming, and new projects are launching every day, creating more opportunities than ever to earn rewards while learning. Earning free crypto isn’t just about accumulating coins—it’s about understanding how blockchain works, exploring new technologies, and discovering ways to make your digital assets work for you. Platforms like <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>are making this easier than ever by providing beginner-friendly tools, secure wallets, and opportunities to earn crypto while learning, all accessible globally regardless of your experience level or location. <h3 style="line-height: 1.5;">What Is Free Crypto and Why Should You Care?</h3>Free crypto refers to earning cryptocurrency without buying it with your local currency. Instead of paying for Bitcoin, Ethereum, or other altcoins, you can earn them by engaging in activities such as completing educational tasks, joining airdrops, or participating in “learn and earn” programs. These methods are perfect for beginners who want to explore crypto safely, for budget-conscious users who don’t want to risk money upfront, and for global users who want access to crypto opportunities no matter where they live.The beauty of free crypto is that it allows you to enter the market without financial stress. Small rewards can gradually grow into valuable holdings, especially if you use platforms like BYDFi, which makes it easy to manage, stake, and trade your crypto securely. Over time, what starts as a few free tokens can evolve into a meaningful part of your digital wealth. <h3 style="line-height: 1.5;">Top Ways to Earn Free Crypto in 2025</h3>There are several legitimate ways to earn free crypto in 2025, each suited to different skills, time commitments, and interests. One of the most popular methods is through airdrops. Crypto airdrops are similar to free samples in a store, where new projects distribute tokens to attract early users. By registering, following project updates, or holding certain coins, you can receive free tokens directly in your wallet. Always make sure to verify the legitimacy of the projects and consider using a secure wallet like <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>to safely collect your rewards. Another exciting method is &nbsp;learn and earn &nbsp;programs. Leading exchanges like Coinbase, Binance, and Phemex offer programs where you watch educational videos or take quizzes about blockchain projects and receive tokens in return. This method allows you to gain valuable knowledge while earning crypto at the same time. Platforms like <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>also integrate educational tools that reward users for learning, making it easier to build both knowledge and a portfolio simultaneously. Staking is an excellent way to earn passive crypto rewards if you already hold some digital assets. By locking your tokens in a network or exchange to support blockchain operations, you receive interest-like rewards over time. Popular cryptocurrencies like Ethereum, <a href="https://cardano.org/" target="_blank">Cardano,</a> and Solana offer staking opportunities, and platforms like <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>allow users to stake their coins easily, providing clear APY rates and secure management. Referral programs are another way to earn free crypto. Many exchanges and wallets reward you for inviting friends. When your friends sign up and complete specific actions, you both receive crypto rewards. This can be an effective strategy if you have a network of friends interested in crypto. BYDFi also offers referral programs where users can earn rewards by inviting others, making it a great option for both beginners and experienced traders. Play-to-earn games have surged in popularity, letting users earn tokens by engaging in virtual worlds and blockchain-based games. Games like Axie Infinity or Decentraland allow players to earn crypto rewards that can later be traded or sold. Even if some games require initial investment, 2025 has seen a rise in free-to-play options that allow anyone to start earning without upfront costs. Crypto faucets are small platforms that reward tiny amounts of cryptocurrency for simple online tasks, such as solving captchas or watching ads. While individual rewards are small, consistent use can add up over time. BYDFi users can combine faucet rewards with staking or trading features on the platform to maximize potential gains, turning small earnings into larger assets. For tech-savvy users, bug bounties provide an opportunity to earn significant crypto by identifying vulnerabilities in blockchain projects. Platforms like HackenProof and Immunefi list bug bounty programs with payouts ranging from hundreds to thousands of dollars in crypto. Developers and cybersecurity enthusiasts can leverage these programs to earn while contributing to network security. <h2 style="line-height: 1.5;">How to Get Free Crypto Safely</h2>While earning free crypto is exciting, caution is essential. Scams are common, so always stick to well-known platforms such as BYDFi, Binance, Coinbase, or Kraken. Never share private keys or seed phrases, research airdrops carefully, and store your crypto in secure wallets. If you live in countries with strict crypto regulations, make sure your activities comply with local laws to avoid legal complications. <h2 style="line-height: 1.5;">Turning Free Crypto into Real Wealth</h2>Earning free crypto is just the beginning. To make the most of your rewards, consider holding high-potential tokens like Bitcoin or Ethereum for long-term growth, trading rewards for other coins, reinvesting in staking programs, or diversifying your portfolio across multiple assets. For example, a $10 airdrop in 2020 could now be worth hundreds if you held a high-growth token like Solana. Platforms like BYDFi make these strategies simple and secure, allowing users to track their earnings, stake coins, and trade efficiently. <h2 style="line-height: 1.5;">FAQs: Your Burning Questions Answered</h2>Many people ask how to earn free crypto without any investment. The answer is straightforward: airdrops, learn-and-earn programs, faucets, staking, and referral programs all provide legitimate opportunities without requiring upfront money. Another common question is whether free crypto is legitimate. Yes, it is, but always stick to trusted platforms like BYDFi to avoid scams or offers that promise unrealistic returns. Finally, users often wonder if these opportunities are available in their country. Most methods are accessible globally, though it’s important to check platform rules and regional restrictions. <h2 style="line-height: 1.5;">Conclusion: Start Earning Free Crypto Today</h2>Whether you are a student in Nigeria, a professional in the US, or a freelancer in India, free crypto opportunities are within your reach. By exploring airdrops, learn-and-earn programs, staking, and referral initiatives, you can start building a crypto portfolio without spending a dime. Platforms like<a href="https://www.bydfi.com/en" target="_blank"> BYDFi </a>make this journey smoother and safer, providing secure wallets, educational tools, and easy access to staking and trading options. The digital economy is evolving rapidly, and there has never been a better time to start earning, learning, and growing your crypto wealth.

What Is Free Crypto and Why It Matters

Hook: Ever seen a meme coin 10x overnight? The crypto market can feel like a rollercoaster—one day you’re riding high, the next you’re wondering, “Will crypto recover?” If you’re staring at red charts, panicking about your portfolio, you’re not alone. The crypto market is notorious for its wild swings, but history shows it’s also a space of incredible comebacks. Let’s unpack why the crypto market crashes, whether it will recover, and how you can position yourself to win.<h2 style="line-height: 2.5;">Why Is the Crypto Market Crashing?</h2>Crypto crashes aren’t new. From Bitcoin’s 2018 plunge to the 2022 bear market, volatility is part of the game. Recent dips might stem from global economic shifts, regulatory crackdowns, or even whale sell-offs. For instance, if you’re trading in the U.S., new SEC regulations might spook markets. In Europe, MiCA rules could shake things up. But here’s the thing: every crash has a story, and every story has a turning point.1. Economic Pressure: Rising interest rates or inflation can pull investors away from risky assets like crypto.2. Market Sentiment: FUD (fear, uncertainty, doubt) spreads fast, especially when a major exchange falters.3. Tech Hiccups: Blockchain upgrades or hacks can dent confidence.<h2 style="line-height: 2.5;">Will Crypto Recover? The Data Says Yes</h2>History screams resilience. Bitcoin dropped 80% in 2018 but soared to $69,000 by 2021. Ethereum followed a similar arc. The question isn’t if crypto will recover—it’s when will crypto recover? Analysts point to 2025 as a potential bull run, driven by:1. Adoption Growth: More companies accept crypto payments, from Tesla to small businesses.2. Institutional Money: Banks and hedge funds are dipping toes into Bitcoin ETFs.3. Tech Advancements: Ethereum’s scalability upgrades and layer-2 solutions boost efficiency. But here’s a warning: not every coin will survive. Meme coins with no utility? Risky. Stick to projects with strong fundamentals, like Bitcoin or Ethereum, and avoid unverified bots promising 100x returns.<h2 style="line-height: 2.5;">How to Prepare for the Crypto Market Recovery</h2>You don’t need to be a Wall Street pro to ride the recovery wave. Whether you’re in the U.S. trading USD or in India using INR, here’s actionable advice:1. Diversify: Spread your investments across top coins and stable projects.2. Stay Informed: Follow credible X accounts like @CoinDesk for real-time updates.3. Secure Your Assets: Use hardware wallets to protect your funds from hacks.The crypto market may look grim now, but every dip has led to a climb. The climax of this crash could be your chance to buy low and hold for the recovery. Crypto’s story is one of resilience. The market will recover—it always has. The question is, will you be ready? Check out <a href="https://www.bydfi.com/en/support" target="_blank">BYDFi’s </a>beginner guide to start investing smarter today!

Will Crypto Recover? Why the Market Crash Could Be Your Golden Opportunity

Will the Crypto Market Recover? Key Signs for Investors

Dreaming of a bigger paycheck? The idea of living in a state without income tax can seem like an instant raise. As of 2025, eight states fit this description: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, and Wyoming. An additional state, Washington, doesn't tax earned income but does levy a 7% tax on long-term capital gains over $270,000. But before you pack your bags, it's crucial to understand how these states keep the lights on and what it means for your wallet. <h2 style="line-height: 2.5;">How Do States Without Income Tax Make Money?</h2> if a state isn't collecting income tax, how does it fund schools, roads, and public services? The answer lies in a diversified approach to revenue generation. These states have become creative in how they finance their operations, ensuring they can still provide for their residents. <h2 style="line-height: 2.5;">The Power of Sales and Property Taxes</h2>One of the primary ways states without an income tax make up for the revenue is through higher sales and property taxes. For instance, Texas is known for having some of the highest property tax rates in the nation. Similarly, states like Florida and Tennessee rely heavily on sales tax to fund state services. So, while you might be saving on income tax, you could end up paying more when you buy a new home or go shopping. <h3 style="line-height: 2.5;">Tapping into Natural Resources and Tourism</h3>Some states have unique economic advantages that they leverage. Alaska, for example, funds a significant portion of its government through taxes on its vast oil and gas production. In fact, the state even provides an annual dividend to its residents from the Alaska Permanent Fund. &nbsp; &nbsp;Nevada, on the other hand, leans on its booming tourism and gaming industries to generate revenue. <h3 style="line-height: 2.5;">Other Revenue Streams to Consider</h3>Beyond sales and property taxes, states without an income tax utilize a variety of other fees and taxes to fill their coffers. These can include: Excise Taxes: These are taxes on specific goods like gasoline, alcohol, and tobacco. Corporate Taxes: While they may not tax personal income, some of these states, like Florida, do have a corporate income tax. Wyoming, however, has neither an individual nor a corporate income tax. Fees for Government Services: This can include everything from vehicle registration to fees for state parks. <h2 style="line-height: 2.5;">The Pros and Cons of Living in US States Without an Income Tax</h2>The most obvious benefit of living in a state without an income tax is that you keep more of your hard-earned money. This can be especially advantageous for high-income earners. &nbsp;Additionally, retirees can benefit as their retirement income, including pensions and Social Security, often isn't taxed at the state level. &nbsp; However, the lack of an income tax doesn't automatically translate to a lower cost of living. As mentioned, higher property and sales taxes can offset the savings. Furthermore, some of these states may have fewer public services or less funding for education and infrastructure due to revenue limitations. It’s also worth noting that the cost of home and auto insurance can be significantly higher in some of these states, such as Florida and Texas. <h2 style="line-height: 2.5;">Is a Move to a State Without an Income Tax Right for You?</h2>Ultimately, the decision to move to a state without an income tax depends on your individual financial situation and lifestyle. It's essential to look at the complete tax picture, not just the absence of an income tax. Consider your spending habits, whether you plan to own property, and the importance of public services in your decision-making process. For instance, a high-earner who rents may find significant savings, while a family with children might prioritize states with better-funded public schools. Before making a move, do your research and consider visiting the state to get a feel for the culture and cost of living. If you're looking to learn more about managing your finances, whether you live in a state with income tax or not, exploring educational resources can be a great first step.

States Without Income Tax: The Surprising Ways They Pay the Bills

Are you watching the crypto markets and wondering if Chia coin could be your next big move? Or maybe you’re just trying to figure out what’s driving the chia coin price and whether it’s a smart addition to your portfolio. With so much hype, confusion, and volatility in the world of cryptocurrency, it’s easy to feel overwhelmed. What if you miss out on the next breakout? Or worse—what if you buy in at the peak? Don’t worry. In this guide, you’ll get a clear, hype-free look at the price of chia coin, what moves it, and how to make sense of chia coin price prediction trends. Whether you’re a curious newcomer or a seasoned trader, you’ll find the actionable insights you need to make smarter decisions—without getting lost in the noise. <h2 style="text-align: start; line-height: 2.5;">Why Is Chia Coin Price So Different? The Secrets Behind XCH’s Moves</h2>Chia coin (XCH) isn’t your average meme coin. It was built with a unique “proof of space and time” protocol, which means its value isn’t just driven by hype or headlines. Instead, several key factors shape the chia coin price:<ul><li style="text-align: start; line-height: 1.5;">Supply and Demand: Like all cryptocurrencies, scarcity matters. As more people “farm” chia, the supply grows, but so does the competition to earn new coins.</li><li style="text-align: start; line-height: 1.5;">Tech Innovation: Chia’s eco-friendly approach (using hard drive space instead of energy-hungry mining) attracts a different crowd—think techies and green investors.</li><li style="text-align: start; line-height: 1.5;">Market Sentiment: News, social buzz, and even rumors can send prices swinging.</li><li style="text-align: start; line-height: 1.5;">Broader Crypto Trends: When <a href="https://bitcoin.org/en/" target="_blank">Bitcoin</a> and <a href="https://ethereum.org/en/" target="_blank">Ethereum</a> surge or dip, chia coin price often follows the mood of the market.</li></ul>But there’s a twist: Chia’s price can also be influenced by unexpected factors, like hardware shortages or changes in farming rewards. If you want to stay ahead, it pays to watch these signals closely. <h2 style="text-align: start; line-height: 2.5;">Chia Coin Price in USD: How to Track Real Value</h2>If you’re thinking in dollars, you’re not alone. Most investors want to know the chia coin price USD value before making a move. Here’s what you need to know:<ul><li style="text-align: start; line-height: 1.5;">Global Exchanges: XCH is traded on several major platforms, making it easy to check the price in USD.</li><li style="text-align: start; line-height: 1.5;">Volatility: Like most altcoins, chia coin can swing wildly in value. A sudden surge in interest or a negative headline can move the price fast.</li><li style="text-align: start; line-height: 1.5;">Comparisons Matter: Keep an eye on how XCH stacks up against other coins, especially those with similar tech or use cases.</li></ul>Want to see how other coins are performing? Check out this live <a href="https://www.bydfi.com/en/spot/doge_usdt" target="_blank">DOGE</a>/USDT chart for a quick comparison. <h2 style="text-align: start; line-height: 2.5;">Chia Coin Price Prediction: What Do the Experts Say?</h2>Everyone wants to know: Where is the price of chia coin headed next? While no one can predict the future with 100% accuracy, here’s what analysts and algorithms are watching:<ul><li style="text-align: start; line-height: 1.5;">Adoption Rates: If more people and businesses start using Chia’s blockchain for real-world applications, demand (and price) could rise.</li><li style="text-align: start; line-height: 1.5;">Ecosystem Growth: New partnerships, apps, or DeFi projects built on Chia can boost investor confidence.</li><li style="text-align: start; line-height: 1.5;">Market Cycles: Like all cryptos, XCH goes through boom and bust cycles. Watching these patterns can help you spot opportunities—or avoid pitfalls.</li></ul>Pro tip: Don’t just chase predictions. Instead, use them as one piece of your research puzzle. <h2 style="text-align: start; line-height: 2.5;">Should You Buy, Hold, or Sell Chia Coin?</h2>Here’s where things get personal. The right move depends on your goals, risk tolerance, and belief in Chia’s future. Ask yourself:<ul><li style="text-align: start; line-height: 1.5;">Do you believe in Chia’s tech and eco-friendly mission?</li><li style="text-align: start; line-height: 1.5;">Are you comfortable with price swings and uncertainty?</li><li style="text-align: start; line-height: 1.5;">Are you looking for a quick trade or a long-term hold?</li></ul>Remember: The best investors do their homework, stay patient, and never risk more than they can afford to lose. <h2 style="text-align: start; line-height: 2.5;">Final Thoughts: Your Next Steps in the Chia Coin Journey</h2>The chia coin price is unpredictable, but that’s what makes crypto exciting. By understanding what drives XCH, tracking its value in USD, and following expert chia coin price prediction trends, you’re already ahead of most investors. Now it’s your turn: keep researching, compare with other coins, and decide what role (if any) Chia should play in your portfolio.Ready to dive deeper? Set your alerts, stay curious, and remember—every smart move starts with solid information. Ready to learn more about trading strategies and crypto safety? Check out <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>for beginner tutorials, expert insights.

Chia Coin (XCH) Price Update: Should You Buy XCH ?

<h2 style="line-height: 1.5;">What Is Bilt? The Rent Rewards Revolution</h2><a href="https://www.biltrewards.com/" target="_blank">Bilt</a> Rewards is a loyalty program designed specifically for renters, allowing you to get points for paying rent without the pesky 2-3% transaction fees typically charged by landlords or payment platforms. Launched in 2021, Bilt made waves by offering a no-annual-fee Bilt World Elite Mastercard® that lets you earn 1 point per dollar on rent payments (up to 100,000 points per year) when you make at least five transactions per billing cycle. But here’s the kicker: &nbsp;you don’t even need the Bilt Mastercard to start earning. By joining the free Bilt Rewards program, you can pay rent through the Bilt app and earn a flat 250 points per month, though the real rewards come with the card. Whether your landlord accepts credit cards or prefers checks, Bilt’s innovative BillPay feature ensures you can pay rent and earn points seamlessly by generating a unique routing and account number or mailing a check on your behalf. Beyond rent, Bilt lets you earn points on dining (3x points), travel (2x points), and even Lyft rides (5x points when linked). These points are incredibly flexible, redeemable for travel with major airlines and hotels, Amazon purchases, fitness classes, or even toward a future home down payment. With partnerships like<a href="https://www.united.com/en/us/" target="_blank"> United Airlines</a>, Hyatt, and Southwest Rapid Rewards, Bilt points are valued at around 2.05 cents each, making them a powerful currency for savvy spenders. <h2 style="line-height: 1.5;">Why Bilt Stands Out for Renters</h2>Paying rent is often a financial dead-end—no rewards, no benefits, just a big chunk of your income gone. Bilt flips this on its head. Here’s why it’s a game-changer: 1- No Transaction Fees on Rent Payments: Unlike other credit cards that incur a 2-3% fee when paying rent, the Bilt Mastercard lets you earn rewards for paying rent without extra costs. This is huge for renters spending $1,500-$3,000 monthly, as it turns a fixed expense into a rewards-generating opportunity.2- Instant Approval Credit Cards: The Bilt Mastercard is issued by Wells Fargo and is accessible to many with decent credit. While it requires a credit check, the application process is straightforward, and approval can be quick for qualified applicants. No annual fee sweetens the deal.3- Build Credit While Paying Rent: Bilt reports on-time rent payments to all three major credit bureaus (Experian, Equifax, TransUnion) for free, helping you boost your credit score. This is especially valuable for renters in Bilt Rewards Alliance properties (over 4 million units across the U.S.).4- Flexible Redemption Options: From booking flights with American Airlines to redeeming points for SoulCycle classes or Amazon purchases, Bilt points offer unmatched flexibility. You can even use points to pay future rent or save for a home down payment (1.5 cents per point).5- Rent Day Bonuses: On the first of every month, Bilt’s “Rent Day” promotion doubles your points on non-rent purchases (6x on dining, 4x on travel), making it the perfect time to maximize rewards. <h2 style="line-height: 1.5;">Is Bilt Available in Canada?</h2>For our neighbors up north wondering, “Is Bilt available in Canada?”—the answer, unfortunately, is no, not yet. Bilt Rewards is currently limited to the United States, with its Bilt Rewards Alliance covering over 4 million rental properties across the country. There’s no official word on Canadian expansion, but given Bilt’s rapid growth—processing $50 billion in annual rent payments and aiming for $1 billion in annual recurring revenue by Q1 2026—it’s not far-fetched to hope for future international availability. For now, Canadian renters can explore similar rewards programs or check if their existing credit cards offer points on rent payments, though fees may apply. Stay tuned to Bilt’s official channels for updates on global expansion. <h2 style="line-height: 1.5;">How to Start Earning Rewards for Paying Rent</h2>Ready to get points for paying rent? Here’s a step-by-step guide to get started with Bilt: 1- Sign Up for Bilt Rewards: Download the Bilt app (available on iOS and Android) or visit biltrewards.com to create a free account. No credit card is required to join the loyalty program.2- Check for Bilt Rewards Alliance: In the app, enter your address to see if your property is part of the Bilt Rewards Alliance. If it is, you can pay rent directly through the app. If not, Bilt’s BillPay feature lets you pay via check, ACH, or even Venmo, earning points regardless of your landlord’s payment preferences.3- Apply for the Bilt Mastercard: For maximum rewards, apply for the no-annual-fee Bilt Mastercard. You’ll need to make at least five transactions per billing cycle to earn 1 point per dollar on rent (up to 100,000 points annually). Without the card, you’ll earn a flat 250 points per rent payment.4- Link Your Accounts: Connect your Bilt account to partners like Lyft or dining programs to stack rewards. You can also link non-Bilt credit cards (Visa, Mastercard, Discover) to earn 1 point per dollar on rent, though a 3% fee applies after July 21, 2025.5- Redeem Your Points: Use points for travel, dining, fitness, or even rent credits. For the best value, transfer points 1:1 to partners like <a href="https://www.hyatt.com/en-US/home" target="_blank">Hyatt</a> or United Airlines. <h2 style="line-height: 1.5;">Is Bilt Worth It? A Commercial Perspective</h2>For renters, the Bilt Rewards program is a no-brainer if you want to get points for paying rent without fees. The ability to earn up to 100,000 points annually with the Bilt Mastercard can translate to $2,000+ in value (based on 2.05 cents per point), especially if you redeem for travel. Even without the card, the free program offers 250 points per rent payment, which is better than nothing. However, there are a few caveats: <ul><li style="line-height: 1.5;">You must use the Bilt Mastercard at least five times per billing cycle to unlock full rewards. Otherwise, you’re capped at 250 points per rent payment.</li><li style="line-height: 1.5;">Non-Bilt credit cards incur a 3% fee for rent payments, which may outweigh the rewards unless you’re chasing a big sign-up bonus.</li><li style="line-height: 1.5;">If you don’t rent or your landlord doesn’t accept digital payments, the program’s value diminishes.</li><li style="line-height: 1.5;">For those who rent and want to maximize their spending, Bilt is a top contender among instant approval credit cards with unique benefits tailored to renters. Pair it with strategic spending on Rent Day, and you could be jetting off on a free vacation or slashing your next rent bill in no time. </li></ul> <h2 style="line-height: 1.5;">Final Thoughts: Should You Join Bilt Rewards?</h2>Bilt Rewards is a groundbreaking way to turn your rent—an expense you’re already paying—into a source of valuable rewards. With no transaction fees on rent payments, a no-annual-fee credit card, and a robust loyalty program, it’s a win for renters looking to earn rewards for paying rent. While it’s not yet available in Canada, U.S. renters can start earning points today and unlock a world of travel, dining, and financial perks. Ready to transform your rent into rewards? Sign up for Bilt Rewards at biltrewards.com or download the app to explore how you can get points for paying rent. Have questions or experiences with Bilt? Drop them in the comments below, and let’s keep the conversation going! You can visit the <a href="https://www.bydfi.com/en" target="_blank">BYDFi</a> platform to learn more about investments and successful ways to live a successful life.

The Ultimate Bilt Rent Guide: Instant Approval Cards & Free Points

So, you've done your research. You understand the technology of MultiversX, you've explored its vision for the metaverse, and you've decided to become a long-term holder of EGLD. Now you're asking the most logical next question: "How can I put my assets to work?" The answer lies in staking. Staking your EGLD is the most direct way to participate in the network's security and, in return, earn a steady stream of passive income. This guide will walk you through the concepts and the process, showing you exactly how to get started. <h2 style="line-height: 2.5;">The Core Concept: Staking Through Delegation</h2>First, it's important to understand that you will not be running a complex validator node yourself. For the vast majority of users, staking EGLD is done through a process called "delegation." In this model, you entrust your EGLD to a professional, full-time validator—a company that runs the dedicated hardware required to process transactions and create new blocks. By delegating your stake to them, you are essentially voting for them with your assets and lending them your economic power. In return for your support, the validator does all the technical work and shares the network rewards with you, keeping a small fee for their service. <h2 style="line-height: 2.5;">The Step-by-Step Process to Staking EGLD</h2>The MultiversX ecosystem is designed to make this process as user-friendly as possible. Here are the exact steps to follow, primarily using the flagship [xPortal App].<ol><li style="line-height: 1.5;">Secure Your EGLD: Before you can do anything, you must hold your EGLD in a non-custodial wallet where you control the private keys. The xPortal app is the native wallet for this.</li><li style="line-height: 1.5;">Navigate to the Staking Section: Open your wallet and find the menu option labeled "Earn" or "Staking." This will take you to the staking dashboard.</li><li style="line-height: 1.5;">Research and Select a Provider: You will see a list of available staking providers (validators). This is your most important decision. Take time to compare them based on their commission fees, uptime history, and total amount staked as a sign of community trust.</li><li style="line-height: 1.5;">Specify the Amount to Delegate: Once you have chosen a reputable provider, select them and enter the amount of EGLD you wish to stake.</li><li style="line-height: 1.5;">Confirm the Transaction: Review the details of the delegation and confirm the transaction. You will need to sign it using your wallet to authorize the staking process. Once confirmed on the blockchain, your EGLD is officially staked and will begin accruing rewards.</li></ol> <h2 style="line-height: 2.5;">Understanding the Risks and Realities of Staking</h2>As a responsible investor, you must understand that staking is not entirely risk-free. The primary risk is "slashing." If the validator you choose acts maliciously or makes a critical error, the network can penalize them by confiscating, or "slashing," a portion of their total stake, which includes your delegated funds. This is why choosing a reputable and professional staking provider is paramount. Additionally, you must be aware of the "unbonding period." When you decide you want your EGLD back, you must go through an unstaking process, which includes a waiting period (currently 10 days) before your funds are liquid and available to be sold. During this time, your assets are locked and subject to market volatility. <h2 style="line-height: 2.5;">Your Role in the Network</h2>Staking is more than just a way to earn passive income; it is the fundamental act of participating in a decentralized network's security and consensus. It aligns your long-term interests with the health and success of the entire ecosystem. Before you begin, ensure you have a solid grasp of the project's core principles, as detailed in our main guide: [What Is Elrond (MultiversX)? A Guide to EGLD Crypto]. To start your staking journey, the first step is to acquire the asset. You can find a liquid and secure market for <a href="https://www.bydfi.com/en/spot/egld_usdt" target="_blank">EGLD</a> on the <a href="https://www.bydfi.com/en/spot/egld_usdt" target="_blank">BYDFi </a>spot exchange.

How to Stake EGLD: A Step-by-Step Guide to Earning Rewards

You've learned about the SUI blockchain and its innovative, object-centric design. You understand that it's built for massive scale and that the SUI coin is the key to securing its network. Now, it's time to move from understanding the technology to participating in it. Staking is the most direct way to support the SUI network while earning SUI staking rewards on your holdings. This guide will walk you through exactly how to stake SUI, from acquiring the coin to delegating it to a validator. <h3>A Quick Recap: Why Stake Your SUI?</h3>When you stake your SUI, you are delegating your coins to a validator—one of the powerful nodes that processes transactions and secures the network. This act is crucial for the health and decentralization of the SUI blockchain. In return for your contribution, the network rewards you with more SUI. It's a powerful way to generate passive income on your assets while supporting a project you believe in. <h3>The 4 Steps to Staking SUI</h3>The process is secure and straightforward. A key feature of staking on SUI is that it's "non-custodial," meaning your coins are never in the validator's possession; they are simply delegated and always remain under your control. Step 1: Acquire SUI (Your Starting Point)Before you can stake, you need the SUI coin. The best way to start is by purchasing SUI on a secure, high-liquidity centralized exchange. Using a platform like BYDFi ensures you get a fair market price and low fees, giving you a strong foundation for your staking position. Step 2: Set Up a SUI-Compatible WalletYou'll need a personal wallet to hold your SUI and interact with the network. These wallets give you full control over your assets. Some of the most popular and trusted wallets for the SUI ecosystem are:<ul><li>Sui Wallet: The official reference wallet developed by Mysten Labs.</li><li>Suiet Wallet: A user-friendly and feature-rich community wallet.</li><li>Ethos Wallet: A wallet known for its clean interface and human-readable transaction history.</li></ul> When setting up your wallet, write down your secret recovery phrase and store it offline in a safe place. This is the master key to your funds. Step 3: Transfer SUI from BYDFi to Your WalletOnce your wallet is active, copy your public SUI address. Go to your BYDFi account, navigate to "Withdraw," select SUI, and paste your wallet address as the destination. Confirm the transaction and wait for the SUI to appear in your personal wallet. Step 4: Choose a Validator and DelegateThis is the final step. Inside your SUI wallet, you will find a "Stake" or "Delegate" section.<ul><li>You will see a list of active validators</li><li>Review the list. Look for validators with high uptime and a reasonable commission rate (the small fee they take from your rewards for their service).</li><li>Select a validator and choose the amount of SUI you wish to stake.</li><li>Confirm the transaction.</li></ul> That's it! Your SUI is now staked and will begin earning rewards. You can monitor your earnings and manage your stake directly from your wallet.<a href="https://www.bydfi.com/en/cointalk/What_Is_SUI_Crypto%3F_A_High-Performance_Blockchain" target="_blank">[To refresh your memory on the core technology, read our full guide: What Is SUI Crypto?]</a> Ready to become a part of the SUI network? Your journey begins by acquiring the asset. Buy <a href="https://www.bydfi.com/en/spot/sui_usdt" target="_blank">SUI </a>securely on the <a href="https://www.bydfi.com/en/spot/sui_usdt" target="_blank">BYDFi </a>spot market today.

How to Stake SUI: A Step-by-Step Guide to Earning Rewards

<h2>What Is the REPAYE Plan? Understanding the Basics</h2>The Revised Pay As You Earn (REPAYE) plan is a federal income-driven repayment (IDR) plan designed to make student loan payments more manageable for U.S. borrowers. Introduced in 2015, it’s one of several IDR plans that adjust your monthly payments based on your income and family size. But what makes REPAYE stand out, and how does REPAYE work? Here’s the gist:Payment Structure: &nbsp; Your monthly payment is capped at 10% of your discretionary income, calculated as your adjusted gross income (AGI) minus 150% of the federal poverty guideline for your family size and state.Loan Forgiveness: &nbsp;After 20 years of payments for undergraduate loans or 25 years for graduate loans, any remaining balance is forgiven (though forgiven amounts may be taxable).Interest Subsidy: If your monthly payment doesn’t cover the accruing interest, the government covers 100% of unpaid interest on subsidized loans for the first three years and 50% thereafter. For unsubsidized loans, it covers 50% of unpaid interest throughout the repayment term. Who Qualifies? REPAYE is open to most borrowers with Direct Loans (subsidized, unsubsidized, Grad PLUS, or consolidation loans not including Parent PLUS). Unlike other IDR plans, you don’t need to prove financial hardship, making it accessible to a broader range of borrowers.User Pain Point: If you’re a single borrower or have older federal loans (like<a href="https://www.perkins.com/en_GB.html" target="_blank"> Perkins</a> or FFEL), you might be wondering if REPAYE is your best bet. The good news? You can consolidate these loans at studentaid.gov to become eligible, but weigh the pros and cons, as consolidation may reset your repayment clock. <h2 style="line-height: 1.5;">The SAVE Plan: The Next Evolution or a Legal Limbo?</h2>The Saving on a Valuable Education (SAVE) plan is the Biden administration’s attempt to overhaul REPAYE, promising even lower payments and faster forgiveness. But here’s the kicker: legal challenges have thrown it into chaos. Let’s address your burning questions: Has the SAVE plan been approved? and When will the SAVE plan go into effect? SAVE Plan Approval StatusAs of July 2025, the SAVE plan is partially on hold due to federal court injunctions. Lawsuits from Republican-led states have blocked key features, including the ability to calculate payments using the SAVE formula and offer forgiveness after 10–25 years. Nearly 8 million borrowers enrolled in SAVE (or transitioned from REPAYE) are currently in an indefinite administrative forbearance, meaning no payments are due, but interest will resume accruing on August 1, 2025. <h2 style="line-height: 1.5;">When Will the SAVE Plan Go Into Effect?</h2>Parts of SAVE, like the increased income exemption (225% of the poverty line vs. REPAYE’s 150%), were implemented in August 2023. However, the full rollout—particularly the reduced payment rate of 5% for undergraduate loans—was slated for July 2024 but is now stalled. The U.S. Department of Education is urging borrowers to check studentaid.gov/SAVE action for updates, as the legal battles could drag on.What Does This Mean for You? If you’re enrolled in SAVE, you’re in a holding pattern. You can stay in forbearance (no payments, no forgiveness progress) or switch to another IDR plan like Income-Based Repayment (IBR), which remains unaffected by the lawsuits and offers forgiveness after 20–25 years. <h2 style="line-height: 1.5;">How Does REPAYE Work Compared to the SAVE Plan?</h2><table style="width: 100%;"><tbody><tr><th colSpan="1" rowSpan="1" width="auto">Feature</th><th colSpan="1" rowSpan="1" width="auto">REPAYE Plan</th><th colSpan="1" rowSpan="1" width="auto">SAVE Plan</th></tr><tr><td colSpan="1" rowSpan="1" width="auto">Monthly Payment</td><td colSpan="1" rowSpan="1" width="auto">10% of discretionary income</td><td colSpan="1" rowSpan="1" width="auto">5% for undergrad loans, 10% for grad loans, or a weighted average (5–10%)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Income Exemption</td><td colSpan="1" rowSpan="1" width="auto">150% of federal poverty guideline</td><td colSpan="1" rowSpan="1" width="auto">225% of federal poverty guideline (lower payments for low-income borrowers)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Forgiveness Timeline</td><td colSpan="1" rowSpan="1" width="auto">20 years (undergrad), 25 years (grad)</td><td colSpan="1" rowSpan="1" width="auto">10 years (loans ≤ $12,000), +1 year per $1,000 above, up to 20–25 years</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Interest Subsidy</td><td colSpan="1" rowSpan="1" width="auto">100% for subsidized loans (first 3 years), 50% thereafter; 50% for unsubsidized</td><td colSpan="1" rowSpan="1" width="auto">100% for both subsidized and unsubsidized loans (no balance growth)</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Spousal Income</td><td colSpan="1" rowSpan="1" width="auto">Included, even if filing separately</td><td colSpan="1" rowSpan="1" width="auto">Excluded if filing separately</td></tr></tbody></table>Example: A single borrower in California with an AGI of $40,000 and a family size of 1 would pay:REPAYE: ~$112/month (10% of discretionary income after subtracting 150% of poverty guideline).SAVE: ~$56/month (5% of discretionary income after subtracting 225% of poverty guideline, if undergrad loans).Pro Tip: Use the Loan Simulator at studentaid.gov to estimate your payments under different plans. This tool is a lifesaver for visualizing your options REPAYE Loan Forgiveness: Is It Worth It?The promise of REPAYE loan forgiveness is tempting, but is it too good to be true? After 20–25 years of payments, any remaining balance is forgiven, but there’s a catch: the forgiven amount is considered taxable income by the IRS. For example, if $50,000 is forgiven, you could owe taxes on that amount, potentially thousands of dollars depending on your tax bracket.Public Service Loan Forgiveness (PSLF): If you work for a government or nonprofit employer, you can qualify for PSLF after 10 years (120 qualifying payments) under REPAYE or SAVE, and the forgiven amount is tax-free. However, if you’re on SAVE during the current forbearance, those months don’t count toward PSLF unless you switch to IBR or make voluntary payments.User Concern: If you’re a teacher or public servant, you might be worried about losing PSLF progress due to the SAVE forbearance. Contact your loan servicer to switch to IBR or explore the PSLF Buy Back program to buy back forbearance months for credit. <h2 style="line-height: 1.5;">Should You Stick with REPAYE, Switch to SAVE, or Explore Other Options?</h2>Choosing the right repayment plan depends on your financial situation, career path, and goals. Here’s a breakdown to guide your decision:Stick with REPAYE If:<ul><li style="line-height: 1.5;">You’re not eligible for PAYE or IBR (e.g., older loans or no financial hardship).</li><li style="line-height: 1.5;">You’re single or don’t mind spousal income being included in payment calculations.</li><li style="line-height: 1.5;">You want the interest subsidy to keep your balance in check.</li></ul>Consider SAVE If:<ul><li style="line-height: 1.5;">You have a low income (below $32,800 for a single borrower or $67,500 for a family of four) for $0 payments.</li><li style="line-height: 1.5;">You have undergraduate loans and want lower payments (5% vs. 10%) or faster forgiveness (10–20 years).</li><li style="line-height: 1.5;">You file taxes separately from your spouse to exclude their income.</li></ul>Explore Other IDR Plans If:PAYE: Best for single borrowers or those with high earning potential, as payments are capped at the standard 10-year plan amount. Only available for loans after October 2007.IBR: Ideal for borrowers with FFEL loans or those nearing 20–25 years of payments.ICR: Suitable for Parent PLUS borrowers or those wanting a slight payment reduction. <h2 style="line-height: 1.5;">Final Thought</h2>Choosing the right student loan repayment plan can feel overwhelming, but understanding your options is key to managing your debt effectively. The REPAYE plan offers a solid, income-driven solution with generous interest subsidies and forgiveness after 20 to 25 years, making it a valuable choice for many borrowers. However, with the SAVE plan aiming to provide even lower payments and faster forgiveness, the landscape is evolving—though current legal challenges mean you should stay informed before making a switch.If you’re navigating repayment now, use tools like the Loan Simulator at studentaid.gov, weigh your financial situation, and consider factors like spousal income, loan types, and eligibility. Whether you stick with REPAYE, wait for SAVE’s resolution, or explore other IDR plans, the most important step is to stay proactive and engaged with your loan servicer to optimize your repayment journey.

What Is REPAYE? How This Income-Driven Plan Can Lower Your Student Loan Payments

REPAYE Explained: Pay Less on Student Loans

For any business, transaction fees are a significant cost. While credit cards can take 2-4% of every sale, crypto payment gateways offer a powerful alternative, often charging just 1% or less. But which gateway is the cheapest? This guide breaks down the fee structures of top processors to help you keep more of your hard-earned money. <h2 style="line-height: 2.5;">Understanding Fee Structures </h2>Before comparing, it's important to know what you're looking for:•Transaction Fee: A percentage or flat fee charged on every payment you receive.•Withdrawal Fee: A fee for moving your crypto out of the gateway's wallet or for converting it to fiat currency.•Setup/Monthly Fees: Most gateways don't have these, but it's always good to check. <h2 style="line-height: 2.5;">Low-Fee Crypto Gateway Comparison</h2><table style="width: auto;"><tbody><tr><td colSpan="1" rowSpan="1" width="auto">Gateway</td><td colSpan="1" rowSpan="1" width="auto">Transaction Fee</td><td colSpan="1" rowSpan="1" width="auto">Key Feature</td><td colSpan="1" rowSpan="1" width="auto">Best For</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">NOWPayments</td><td colSpan="1" rowSpan="1" width="auto">Starts at 0.5%</td><td colSpan="1" rowSpan="1" width="auto">Huge range of supported coins &amp; API flexibility.</td><td colSpan="1" rowSpan="1" width="auto">Businesses wanting low costs and maximum coin choice.</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">CoinPayments</td><td colSpan="1" rowSpan="1" width="auto">0.5%</td><td colSpan="1" rowSpan="1" width="auto">Supports thousands of altcoins.</td><td colSpan="1" rowSpan="1" width="auto">Merchants who want to accept virtually any crypto.</td></tr><tr><td colSpan="1" rowSpan="1" width="auto">Plisio</td><td colSpan="1" rowSpan="1" width="auto">0.5%</td><td colSpan="1" rowSpan="1" width="auto">Offers mass payouts and accounting tools.</td><td colSpan="1" rowSpan="1" width="auto">Businesses with high volume or complex accounting needs.</td></tr></tbody></table> <h2 style="line-height: 2.5;">Important Note: Cheapest Isn't Always Best </h2>While a 0.5% fee is attractive, don't forget to consider other factors. A gateway that is slightly more expensive but offers better security, 24/7 customer support, and seamless integration with your website might be a much better long-term choice. Always balance cost with reliability. <h2 style="line-height: 2.5;">Managing Your Funds After a Low-Cost Transaction </h2>Choosing a low-fee gateway is the first step to maximizing profit. The second is efficiently managing the crypto you receive. You'll need a reliable platform to hold your funds, exchange them for stablecoins to avoid volatility, or convert them into fiat currency to pay for business expenses. Once your low-cost crypto payments arrive, manage them like a professional. Open a <a href="https://www.bydfi.com/" target="_blank">BYDFi </a>account to access deep liquidity, advanced trading tools, and a secure environment for all your digital assets.

The Cheapest Crypto Payment Gateways: A Fee Comparison

Cheapest Crypto Payment Gateways | Fee Guide

If you have learned about Fetch.ai's ambitious vision for a decentralized AI economy, the next question on every investor's mind is a practical one: "What could the FET coin be worth in the future?" You'll find many articles and videos online promising specific, sensational price targets. But let's be honest: anyone promising a guaranteed future price is just guessing. I'm not going to give you a baseless prediction. Instead, I'm going to do something much more valuable: I'm going to teach you how to analyze the fundamental factors that will actually drive the long-term value of the FET token. This is how you move from speculation to strategic investing. <h2 style="line-height: 2.5;">The Foundation: Where Does FET's True Value Come From?</h2>Before we look to the future, we must understand the present. The value of the FET coin is not based on hype alone, but on its utility. It is the essential fuel for the Fetch.ai digital economy. Demand for the FET token is driven by its core functions:<ul><li style="line-height: 1.5;">Paying for AI agent services.</li><li style="line-height: 1.5;">Staking to register an agent on the network.</li><li style="line-height: 1.5;">Staking to help secure the blockchain.</li></ul> Simply put, the more economic activity that happens on Fetch.ai, the more demand there will be for FET. <h2 style="line-height: 2.5;">The 4 Key Drivers of FET's Future Price</h2>Instead of looking at a crystal ball, a smart investor looks at data and trends. Here are the four key areas you should be watching to form your investment thesis for Fetch.ai. 1. Ecosystem Adoption (The Most Important Factor)This is the ultimate measure of success. A project can have great technology, but without users, it's worthless.<ul><li style="line-height: 1.5;">What to watch: Look for growth in the number of active Autonomous Economic Agents (AEAs) on the network. Are real-world businesses and developers building and deploying agents that solve actual problems? A growing number of transactions and active wallets are the strongest signs of a healthy, growing ecosystem.</li></ul> 2. The Power of the AI NarrativeLet's be realistic: the price of FET is heavily influenced by the broader hype and investment trends in the Artificial Intelligence sector.<ul><li style="line-height: 1.5;">What to watch: Major breakthroughs in AI from giants like OpenAI, Google, or NVIDIA can create a positive "ripple effect" for all AI-related crypto projects, including Fetch.ai. The overall market sentiment for AI technology will be a major tailwind or headwind for the FET price.</li></ul> 3. Tokenomics and Staking DynamicsThe supply and demand of the token itself are crucial.<ul><li style="line-height: 1.5;">What to watch: Look at the percentage of the total FET supply that is currently being staked. A high and rising staking ratio is often a bullish sign, as it means fewer tokens are available on the open market to be sold, reducing the liquid supply. You can find this data on sites like Staking Rewards.</li></ul> 4. Roadmap Execution and PartnershipsAn ambitious vision is only as successful as the team's ability to execute it.<ul><li style="line-height: 1.5;">What to watch: Is the Fetch.ai team consistently delivering on the goals laid out in their official roadmap? Are they announcing new, meaningful partnerships that bring real users and economic activity to their platform? </li></ul> <h2 style="line-height: 2.5;">Price Prediction vs. Your Own Analysis</h2>A specific price prediction is a shortcut that rarely pays off. A smarter approach is to use the factors above to build your own educated opinion. Ask yourself:<ul><li style="line-height: 1.5;">Do I believe in the long-term vision of a decentralized AI economy? </li><li style="line-height: 1.5;">Do the adoption metrics I see show a positive trend?</li><li style="line-height: 1.5;">Does the team have a proven track record of delivering on their promises?</li></ul> If your research leads you to a bullish conclusion, the final step is to act on that conviction. You can build your position in the future of AI by acquiring the FET token securely and with deep liquidity on the <a href="https://www.bydfi.com/en" target="_blank">BYDFi </a>spot market.

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