Plan B
@ShaneTrammel No, as you know I always warn against leverage. As I said in the tweet above, I use Bybit for (algo) trading and passive income strategies (like cash & carry and covered call writing, which in fact takes the complete opposite trade from leverage). I am writing an article on this.
FAQ: what is the next step after signup?
Deposit!
BTC deposits are fast and easy (as are withdraws). You can also deposit altcoins, in fact a perfect way to get rid of altcoins and transfer them into bitcoin!
@AverageWill18 No worries. Just answering a frequently asked question ("what exchange do you use for trading and passive income?").
@NoKYC4Me Yes this is more suitable for people who already have bitcoin, deposit bitcoin, and want to trade or do passive income strategies (like cash & carry and covered call writing).
Btw Bybit is also ideal to get rid of altcoins (deposit altcoins like Eth and transfer to bitcoin).
@Rob1Ham Yes I shared a referral link, it gets you free stuff compared to no referral, and you help me🙏
@CryptoCoinShow 🙏
@LetMyPplGoo Americans can use Bybit, but you have to use vpn. Btw I would always use vpn, also for non Americans. Proton has great freevpn
https://protonvpn.com/
@Gandafalik For larger amounts I use my bitcoin core node to generate private keys and addresses. For smaller amounts I use Blockstream green wallet.
@caserob That is possible soon! One of the reasons I trade on Bybit is that they have great cooy trade functionality. When I publish the article(s) on trading and passive income strategies (futures cash & carry and options covered call writing), I will also implement and allow copy trade.
@TalkWithTraders For some countries vpn is required. Btw I would always use vpn, for everything online! Proton has great free vpn:
https://protonvpn.com/