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Table of contents The Basics of Insurance in DeFi Introduction to Nexus Mutual Key Terms Relating to Insurance in DeFi How to Buy Crypto Insurance How to Make a Claim on your Crypto Insurance Policy The Basics of Insurance in DeFiBlockchain increases efficiency by reducing the high costs and long processing times associated with traditional insurance companies。A pending transaction is not yet immutable and could potentially be reversed or double-spent, depending on the network’s security。crypto, Vitalik。Why we require identity verificationAt Bitcoin。Tap on "Import。Transactions without the RBF flag are treated as final once broadcasted。com WalletThe Bitcoin。com/Choose WalletConnect as the connection method, and select Bitcoin。How to Claim Airdropped VERSEVisit the Verse Airdrop dApp on web or in the app: Check your eligibility and follow the instructions to claim your VERSE tokens。If there's a name on the card, please ensure it's fully visible。Open your device's Settings app。Deposit $1000 in ETH → borrow $500 in ABC (Paying 2% on the loan means you will earn 5% overall) → deposit $500 ABC (earn 15%)。However, it can take up to 3 business days to be reflected in your bank account。Send the relevant cryptocurrency in the correct amount (see above step) from your wallet to the deposit wallet address。Select one of the new blockchains。You’re done! Using your 12-word recovery phrase, you can now import your wallet to a new client。com does not control Bitcoin in any way。com Wallet and website, but more regions are coming soon! To be notified when selling is available in your region, you can join the waitlist here。The bonus = √prize * 100 * production rate。Newly Minted ETH: Validators are rewarded with newly created ETH for their role in securing the network。com WalletWhen you create a transaction on the BNB Smart Chain network using the Bitcoin。When you back up your Ethereum wallet, you're backing up access to all the cryptoassets associated with that wallet。This happens if your wallet has a ton of small transactions or UXTOs (Unspent Transaction Output)。"Be sure you have cloud backup enabled。If the fee you attached to your submitted transaction is too low and network congestion remains high, there's a chance your transaction will stay pending for hours or even days。Please review the rates and fees before confirming the swap。com’s VERSE token can be used to earn rewards, purchase scratch & win tickets for a chance to win big, and get bonuses in games like Verse Clicker。This means that once a transaction is recorded in a block and this block is added to the blockchain, it cannot be changed or reversed。If you have followed all the steps correctly, your wallet will now display the correct assets and balance。If you have further questions or need additional support, please reach out to our support team at [email protected], or by tapping on the green chat icon in the bottom-right corner。For example: 3。Where do the rewards come from?Rewards for VERSE Staking may be sponsored by partners, Bitcoin。Members' funds are held in a risk sharing pool and used to pay out claims。Your card-issuing bank might not support cryptocurrency related transactions。com Wallet app with WalletConnect or, separately, choose to connect to your Ethereum wallets via MetaMask。com Wallet app supports DApps on multiple chains including the Ethereum blockchain through WalletConnect。If you don’t have any ETH yet, check out these videos on how to buy or swap crypto to get Ethereum using the Bitcoin。Let’s add an Ethereum Wallet we can use for long-term holdings。⚠️ 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。How often you decide to claim your VERSE tokens will depend on several factors, including: How many tokens you are claiming。In Aave, it’s important to watch the Health factor of your loans。If you have any questions, you can contact our support team by clicking the "Help & Support" button in the settings or the Chat Icon widget on your PC。The Bitcoin。com/Verse ecosystem, providing anyone in the world with a secure way to permissionlessly swap cryptocurrencies without having to rely on third-party custodians。What are the supported documents for KYC?In European EEA countries, both identity cards and passports are supported。com Web3 Services, select VERSE Scratcher。Please note that you can swap cryptocurrencies permissionlessly using a decentralized exchange like Bitcoin。​Please accept our apologies for the inconvenience。Thank you for your understanding and continued trust in Bitcoin。Please see our tutorials on:BuyingSellingSendingReceivingAdvanced users also have the option to directly interact with Decentralized Apps(DApps) on the Avalanche network (via WalletConnect)。Liquidity providers on Verse DEX are currently eligible for Verse Farms rewards。How long does it take to receive my crypto after buying?Cryptocurrency is released once verification checks have been completed。Near-perfect approval rates: We know that it’s not always easy to pay by card, or with a bank。Summary As of Version 8。This will open up the network fee settings menu。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。How to Access the Crypto Markets in the Bitcoin。Copy this by tapping the QR code。You can read about this in more detail here。What are Liquidity Pool (LP) tokens?To understand LP tokens better, let's use the VERSE-ETH pool on Verse DEX as an example。For multichain swaps, you are able to designate a receiving wallet if you wish。Read more: Here's a list of ways shared wallets can be used。Imagine you decide to buy a new car with some of the bitcoin from your shared wallet。Read the next article in the series: Bitcoin。How to buy an Unstoppable Domain using the Bitcoin。com toggle then confirm by selecting “Turn Off & Delete。Summary It is always possible to check your ETH transactions using a block explorer, which will show you many useful details about the transaction。Behind the scenes, Verse DEX will automatically convert half of that token to the other token in the pair, then deposit both into the pool。BTC-USD has a max leverage of 20x, while AVAX-USD is 10x。How to protect yourself from slippageCheck market depth to ensure there’s enough liquidity for your tradeIn the Analytics section, check the liquidity for the pool you’d like to trade。These LP tokens are like a receipt for your deposit; they represent your proportional ownership of the liquidity pool。” ​ Tap “Settings。com Wallet app's home screen, tap on the wallet for the transaction you want to resubmit (eg。com Wallet with your local currency。However, if you import your wallet into Electron Cash SLP 3。My Wallets: Choose a wallet from the list。This can be useful not only to enjoy your collection, but to sell NFTs。com Wallet — Wallets, Add/Import: Learn about wallets and how to add or import new wallets in the app。Discover how you can use your crypto as collateral to borrow additional cryptoassets。To access MoonPay Balance top ups, you need to initiate a cryptocurrency purchase (ie。com WalletWhen you create a transaction on the Ethereum network using the Bitcoin。Copy and save your master pub key。This means that you must have a balance of MATIC in your wallet in order to execute any type of transaction on the Polygon network。https://verse。Imagine you have ETH, but not VERSE。Imagine the cost of gas is 3 gwei and the gas consumed is 21,000 units。Be sure to connect the Polygon wallet that holds your VERSE。Tap continue。Here's the process for overriding and/or canceling pending MATIC transactions: From the Bitcoin。com’s decentralized exchange, Verse DEX。For first-time transactions, this can take between a few minutes and a few hours, depending on additional verification that may be required。Option 2: Staking VERSE using Verse DEX via WalletConnect。com/get-started/ Getting Started FAQ - https://www。How to buy an NFTWe are going to cover how to buy an NFT using the “Buy now” option, arguably the most popular way to buy an NFT。Finally, tap on "RESTORE BACKUP"。Use another card。No MoonPay fee, so it’s more cost-effective。Error: "You can't upload new documents while we're checking your identity。Download the latest version of the web browser you're using and enter the information again。You'll use this password to recover all your wallets if you lose or damage your device