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In today's video I attempt to explain all about cryptocurrency wallets, addresses and how to transfer your cryptocurrency between wallets and exchanges.
It may seem overwhelming at first, but after a few attempts you should find it a lot easier and more intuitive.Always make sure to send a SMALL test amount of any transfer before you send large amounts.
Cryptocurrency transfers are not reversable so if you make a mistake you stand the risk of losing all your cryptocurrency forever.
For more info on exchanges:https://www.youtube.com/watch?v=F55yGnZzgJM
For Info on Trezor hardware wallet:https://www.youtube.com/watch?v=nV_afsr9C4E
For Info on Ledger Nano S hardware wallet:https://www.youtube.com/watch?v=5-9tsPjk3Fg
For Info on My Ether Wallet:
For info on crypto safety:https://www.youtube.com/watch?v=hjLug7aEGuk
Disclaimer: This is NOT financial advice, purely for educational purposes and reflect my personal opinions only (which may or may not be correct). Cryptocurrency is highly volatile and a very high-risk investment. Please do your own research before investing into cryptocurrency and never invest more than you can afford to lose.
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this is very outrageous i got scammed in ICO investment ...two days ago i lost almost 30k to ico investment..i complained to Chris Dunn TV ( [email protected],com) now i investment with his network i make 4500 weekly straight to my wallet..reach him today he still needs more network
Make sure to take your time and triple check the code you are copying and pasting is for the correct coin. It can be easy to click the wrong one from the list if you're not paying attention and/or have a lot of coins on your exchange wallet list.
How do I get my assorted crypto out of exchange to wallet like out of binance, or cryptopia to a wallet? I do understand that the various types are paired with BTC, ETH, LIT, etc... I don't understand if you own other crypto how to get it into wallet(s)? Every wallet tutorial I have found has used BTC, ETH, or LTC but for those of us who are ignorant to all thing crypto we need more detailed information. Example I have a binance exchange account in which I put BTC, and ETH in then traded for various other coins. I have left it on the exchange for several days for the lack of knowing what to do to get it out of there. I know I can't leave it on there. I also want to know if there are fees for transferring the various alt coins in and out as I want to buy and sell from day to day. Please help
It takes up to 12hrs to transfer between some exchanges to some wallets. Is the value secured, the rate at time of transfer (say $14500) or is the rate at the time of completion of transfer? (say $9500) If the latter... why trade at all?
Umm....Phones these days are VERY secure. Where did you get your information from? I mean, seriously. Phones are pretty much all encrypted now, and all have remote wipe capabilities which will just wipe the phone. And if the phone's off or not connected to the internet, it'll wipe as soon as it gets a connection/turns on. Now, of course, the phone is only as secure as your phone's password/pattern/pin. But I mean, phones are actually SIGNIFICANTLY more secure than desktops..I don't...like...where in the world did you hear that? Please don't spread false information like that with such confidence. It would be one thing if you said something like this, "I don't think it's a very good idea to use a mobile wallet. I don't feel like phones are secure enough, but I really don't know, that's just how I feel"....but you said with strong confidence that phones are THE ABSOLUTE LEAST secure way to store your coins! Wtf? I mean, I KNOW that you don't know what you're talking about. You said that based on how you feel about it, NOT based on facts. Why would you do that? Smh...
Let me be clear, though. I don't think phones are as secure as a hardware wallet. I'm not 100% sure, but I think they would be less secure than a hardware wallet, it just seems to make sense. And a phone is probably less secure than a paper wallet. But a phone is much more secure than your wallet at an exchange and is at least on par with, if not more secure than a desktop. I mean...I feel like it could go either way. Phone's are entirely encrypted, but desktops typically aren't (although they can be) but a phone goes with you everywhere and can be lost or stolen much easier than your desktop....but I don't know.
Bottom line though; phones are not anywhere even remotely close to how insecure you say they are.
what happens if you drop your phone down the drain, or have it run over by a car, or left it somewhere you don't remember, or left it in your purse and had it robbed, or someone pour a cup of coffee on your phone and it's not water proof, or phone hardware malfunction out of the blue. There goes your millions of dollars. Never store your net worth in something you're carrying with you all the time.
Thanks! "Diggy your presentation on coinwallet is great we really enlighten on how to use it to avoid loosing my crypto currency"! Specification great lesson for beginners like me,we love you more power.
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.