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2. The importance of a comprehensive explanation
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How does BNB Smart Chain work?BNB Smart Chain operates on a Proof of Staked Authority (PoSA) consensus mechanism that combines features from Delegated Proof of Stake (DPoS) and Proof of Authority (PoA)。This generally falls into two categories: spending and web3 use cases。Here’s a complete guide for getting set up with Metamask, and here’s how the DEX looks on desktop with MetaMask: How to swap on EthereumOn mobile Make sure your wallet is connected to the Verse DEX (verse。Just tap on the Options button on the top right of the page inside the wallet you just imported, then set the name for your wallet。SummaryLike a vault protects physical assets, the Bitcoin。Here are some examples of how people often use their loans: Increase exposure to markets: This allows you to hold a cryptoasset you have strong convictions about and use it as collateral to further participate in markets。” Scroll down to see the NFTs in your wallet。Quite often the recipient address and the amount to send are embedded in a QR code, so you can just scan the code with your camera and confirm the transaction。Ether (ETH) is the native cryptocurrency of the platform and the second-largest by market capitalization after Bitcoin。Upload a photo of yourself holding your ID card or passport as proof of identity。Lenders can also use their deposited assets as collateral for a loan。Here’s a list of the banks that have, in the past, been considered crypto friendly: Crypto-friendly bank list。SummaryTo receive a cryptocurrency, simply provide the sender with your address or QR code。Note: Only applicable to certain US, EU, AU, and CA customers。Please find the audit report here: https://verse。com’s ecosystem token VERSE and the Verse DEX。Although fees are generally very small, you must have a balance of AVAX in your wallet in order to execute any type of transaction on the Avalanche (C-Chain) network。Discover more about sidechains Explore the concept of layer 2 on Ethereum How does Polygon work?Polygon's primary objective is to offer a diverse array of software tools to enhance Ethereum's scalability。With tokens on Avalanche and Polygon supported in the app, you’ll be able to see and manage supported tokens that you interact with via dApps。Note that for manual backups, anyone with the passphrase can gain access to your wallet (and steal the assets in it) while for the Cloud Backup Service, you have an extra layer of protection because an attacker will need to first get into your Google or Apple account。Shared Access: Shared wallets can be used when multiple people need access to the same wallet。At the bottom under “Receiving wallet,” choose which wallet you want to receive the asset into。Try bank transfer or alternative payment methods。A prompt will ask to make sure you are ok with using your external wallet。This can be useful not only to enjoy your collection, but to sell NFTs。This is done using a payment gateway which you’ll add to your website。Your address will display in QR form and in alphanumeric form, which you can copy to your clipboard。How do I deactivate my lost or stolen card?1。Imagine you contribute to the VERSE/ETH pool and the rewards on the pool remain constant at 5% APY。Choose from one of the three following options:'Eco' means you'll pay a lower fee, but your transaction will take longer* 'Fast' strikes the optimal balance between cost and speed 'Fastest' optimizes for speed over cost Here’s how to customize the transaction fee for Ethereum and Ethereum Virtual Machine (EVM) chains including Avalanche and Polygon: Manually customizing fees when using the Ethereum network in the Bitcoin。Tap the up/down arrows to toggle between the two modes。com Wallet app。For example, Bitcoin。On Aave, you can choose amongst an available list of assets to borrow。com Wallet is 'non-custodial,' no third party (neither Bitcoin。For example, tapping on “VERSE-WETH” reveals information such as fees generated, number of transactions, and average trade size in the last 24 hours。The final screen will display the transaction details。The second will have nonce of 1, and so on。These are: BTC, BCH, ETH, USDC, USDT, and VERSE。Table of contents What is HAPI? Why is HAPI useful? What should I do if I have received a warning? Does this mean I am being tracked? What is HAPI?Bitcoin。Long Going long means you believe the price of Bitcoin will appreciate in the future。Check that you’re happy with the details and then Slide the arrow to send。⚠️ Be sure to keep this password safe, as it is non-recoverable ⚠️ Once you’ve chosen and entered your master password, check the confirmation boxes then tap ENABLE AUTOMATIC BACKUP。Ensure that you are sending the right token eg。In this article we briefly describe what cloud backup is, its benefits, some reasons you might need to cease using it, and how to delete cloud backup from your cloud storage provider。If you’ve chosen to convert your BCH into a local currency, in most cases the money will land in your business bank account by the next working day。Hold and use VERSE within the Verse ecosystem to get exclusive bonuses and dominate the leaderboard! Prizes are available during limited-time campaigns, which are offered from time to time。If not, please write it down now while you still have access to the Bitcoin。You can check gas rates using https://polygonscan。Note that this denomination of BNB is also known as a giga-wei, or gwei。com WalletWhen you create a transaction on the Ethereum network using the Bitcoin。In the below example, the transaction status is confirmed, meaning the BTC has been sent successfully。Tokens that have been unlocked (in line with the emission schedule) are available to be claimed。Introduction to liquidity pools (Verse Pools)You can provide liquidity to the Verse DEX by depositing assets into liquidity pools。com (purchases available from April 24th 2024 onward)。My ETH wallet if you're buying Ether)。The currently available trading pairs are VERSE/ETH and VERSE/DAI。6 of Electron Cash SLP from "Assets" tab 2。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。com Wallet can hold, sorted by market cap。Note that you will need some ETH in your wallet to cover the transaction fee。Tap continue。In the last article, we learned about the concept of wallets, how to create them in the app, and what you can do with them。Summary Trades on pairs with low or limited liquidity are subject to high slippage。Decide how much to supply by typing a number, or clicking the “MAX” button to supply all of the available asset。Read more about this here。Step-by-step instructions for withdrawing your staked USDCFrom the app’s home screen, scroll down and select “Earn。Enter the 12-word backup phrase from your BTC wallet。Specifically, 0。Press the “Swap” icon: This will open up a Swap view。Get boosts for joining Verse Lounge。You can withdraw your tBTC to Bitcoin main-net via Threshold's dashboard here。Online business contact us as at [email protected] for listing opportunities。Have more questions? Submit a request。How often are new tokens added to the Verse DEX platform for cross-chain swaps?New tokens are added automatically once they are funded with liquidity on any major DEXs, including the Verse DEX。Discover more about PoS and its benefits in this article on ETH 2, which highlights the importance of the shift from PoW to PoS。Just tap the "Swap" button on the home screen and follow the instructions。In all cases, estimates are for normal network congestion conditions。Tap on "Import。Verify the terms of the purchase, then press the “Proceed to payment” button。Crypto swapping allows people to easily trade one cryptoasset for another without needing to go through trusted third parties, like in traditional finance。Does every participant share a private and public key?Nope。USDC is the best since the other available assets are converted to USDC before being deposited。Get cover for DEXs。Summary:When you buy cryptocurrency, you’ll usually need to verify your identity。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。Here's a video demonstrating the process in the Bitcoin。You can choose from any of the apps on your phone。What should I do if my transaction is pending for too long?If your transaction status is listed as pending for significantly longer than the above-described estimates, the most likely explanation is that the market rate for gas increased suddenly at the moment you submitted the transaction。For new users it is encouraged to use little or no leverage。com, the Verse Ecosystem Fund or a combination of all three。When viewing your transaction on the block explorer, you will see information such as senders, recipients, amount transacted, and more。You are free to buy as many scratch tickets as you wish。Enter the 12-word recovery phrase or, if you've backed up your wallet in QR-code form, you can scan the code。" This will direct you to the MoonPay tracker, where you can check if any additional action is required from you to complete your transaction。For most people, derivatives are advantageous over simply owning the underlying asset for two main reasons: gain leverage, and express an opinion that the underlying asset will fall。Anyone who holds at least 1 million VERSE can join Verse Lounge。com Wallet app and provide the following information:Your registered email addressScreenshots related to KYC error What should I do if I am unable to pass the KYC process?If you fail after multiple attempts, please reach out to our customer service at [email protected] or in the support chat within the Bitcoin。Summary Anyone can borrow crypto by depositing collateral into DeFi lending protocols。Recommended actions: Use Apple Pay/Google Pay or bank transfer wherever possible depending on the region