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Table of Contents How to use the Verse Burn Engine Triggering a Burn Contributing to the Burn Engine What is the Verse Burn Engine? What happens during a token burn? Is using the Burn Engine dangerous to my VERSE? Are there any rewards or incentives for participating in token burns? Where do the tokens come from that get burned? Can other projects contribute to the token burns on the Verse Burn Engine? Is there a minimum amount of VERSE tokens required to initiate a burn? Is there a fee associated with participating in token burns? How to use the Verse Burn EngineTriggering a BurnVisit the Verse Burn Engine。You can experiment with sending more than $5 per send, it all depends on how many UTXOS to make up the transaction。Select the method for sending the link。Read more: Here's a list of ways shared wallets can be used。Summary Backing up your Bitcoin。You can check gas rates using https://bscscan。You can also use the handy percent amounts in the bottom half of the screen to easily choose an amount to swap。🕐 After completing your purchase, it may take up to 2 hours for the transaction to be processed and the Bitcoin to be delivered to your wallet。' The nonce value denotes the position of this transaction in the sequential order of transactions submitted by your wallet。You can use the Discover section of the Bitcoin。com/onramper/。com websiteStep-by-step instructions for buying Bitcoin from Bitcoin。" Send us a message, and we’ll be happy to assist you。You can think of funding as a tax on the majority of position holders to the minority of positions holders。​Step 7:Select the "Asset Type", Bitcoin Cash (BCH) or Bitcoin (BTC) depending on what currency wallet you are importing。com Wallet AppTo get started using other blockchains the app supports, follow the steps below: Tap the “Funds” icon at the bottom of the screen:2。Please note Bitcoin。com Wallet can hold, sorted by market cap。com’s decentralized exchange Verse DEX here。The amount you set aside leaves your wallet as soon as you create the link, but it won't be received until someone claims the link。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。This will show you things such as the Exchange Path, Exchange Fee, and Slippage tolerance。You only need to do this once。After selecting “Swap Preview,” you’ll be presented with the swap confirmation screen below。After granting permission to use your crypto, the “Buy cover” button will become bright green indicating you can proceed to pay。com ecosystem and the world's gateway to DeFi。APY: APY stands for annual percentage yield。A wallet app that has NOT implemented EIP-681 would, after scanning the QR code for an address or payment generated by a wallet that has implemented EIP-681, show an error。Purchases can also be rejected if you do not provide the required documents。Here’s how: From the home screen, tap on the wallet you sent from。This can normally take up to 10 minutes depending on the congestion of the network。com Wallet app please follow the steps below: From the app's home screen, tap on the "Send" button in the toolbar at the top。There are two types of rewards: Instant Rewards and season-based rewards。" Send us a message, and we’ll be happy to assist you。com Maps is only accepting listings for merchants with a physical presence。If demand exceeds supply, the price goes up, and vice versa。com's decentralized exchange Verse DEXConnect。What is Verse DEX?Bitcoin。What is a confirmation in the context of cryptocurrencies and blockchain?A confirmation means a cryptocurrency transaction has been checked and added to the blockchain。For assets that the wallet doesn’t support, please use the “Request Asset” button in the Asset View: That completes the overview of "Markets。com Wallet app that you wish to access from your other devices。For most people, the best way to manually back up a wallet is to write down the wallet's recovery phrase (also known as a seed phrase) on a piece of paper and store that paper somewhere safe。Enter your 12-word recovery phrase, or click the QR button to scan the recovery QR code。Let’s use the search bar to find VERSE, the rewards and utility token of Bitcoin。You can check gas rates using a tool like https://bscscan。If you have any questions and are using the Bitcoin。If you are in a consensus trade, i。One unit of gas is equal to 0。You can use your VERSE to purchase Scratch & Win tickets here, re-spin traits on Verse Voyager NFTs, get exclusive access to the Verse Lounge Community VIP community, and more。Select the transaction。If you are filing a claim from another address, you can send 0 ETH from your other wallet to your whitelisted address。com Wallet app provides you with two ways to backup your wallet。This is primarily so the service provider can lock in your quoted price。However, you also have the option to manually customize your network fee settings for each transaction (see below for an explanation of how 'gas' relates to fees in Ethereum)。To buy a Verse Scratcher TicketEnsure that you have enough VERSE to purchase a ticket, and some MATIC/POL to pay for gas。From the left drop-down menu, select the asset you wish to swap from。Can I cancel a cross-chain swap once initiated?No, once a cross-chain swap is initiated, it cannot be canceled。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。You can create a new wallet with this button。Estimated confirmation time: 5-15 minutes。If you don't want people to see this information, you'll need to use a fresh crypto address。Use your deposited cryptoassets as collateral for a loan。To enable/disable, simply switch any notifications on or off based on your preferences。com Wallet app。Explore point-of-sale apps Note: cryptocurrencies with low transaction fees and high transaction speed like Bitcoin Cash are ideal for point-of-sale payments。You also have the option to manually customize the network fee, choosing exactly the satoshi/byte rate you prefer。Does every participant share a private and public key?Nope。Simply deposit your VERSE tokens on Verse DEX https://verse。Some fields are filled automatically based on the KYC document that you provided。Individual Contributions Anyone can contribute VERSE tokens to the Verse Burn Engine。Tap on 'Continue。com Wallet app, or another self-custody cryptocurrency wallet。The LTV can change over time, but let’s imagine it has an LTV=75%。You go long buy selling a perpetuals contract, for example selling an ETH perpetuals contract。For step-by-step instructions on how to use Verse Farms, please see this guide。Before you can deposit USDC or an available ERC-20 token, you must enable USDC。Thanks to the Single Asset LP Deposit feature, you can: Specify an amount of your ETH to use。To learn how to connect to DApps in the Bitcoin。com Wallet app, download it for free here。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。Depending on the blockchain, it may take between a few seconds to beyond an hour for a transaction to be confirmed。com Wallet — Wallets, Add/Import: Learn about wallets and how to add or import new wallets in the app。BNB Smart Chain doesn't have inflation (no new BNB is being minted), so validators don't receive a block reward; only the transaction fees。Connect your Bitcoin。If it's a shared wallet, you'll have the chance to review any transactions initiated before approving or declining。0021 MATIC is burned。First, there is the base fee, which is burned (destroyed)。spaceBitcoin Cash: Use Blockchair BCH ExplorerEthereum: Use EtherscanAvalanche: Use Avalanche ExplorerPolygon: Use Polygon ScanBNB (Binance Smart Chain): Use BSCScanThese explorers allow you to search for transactions using transaction hashes, wallet addresses, or block numbers on their respective networks。I don't have my bank card right now。If necessary, you can send the block explorer URL link to the recipient as "proof-of-payment"。Complete the Know-your Customer (KYC) process by providing the requested identity document and performing a liveness check。When MoonPay rejects a top up, they automatically return it to the sending bank account。Our Learning Center is a great place to start/continue your journey down the rabbit hole。As long as the transaction has at least one "confirmation" on the blockchain, you can rest assured that the transaction is valid and completed。com/farms and deposit your VERSE-X (VERSE/ETH) LP into the VERSE-ETH Farm。When selecting a cryptocurrency, ensure you choose the correct network and the appropriate sub-wallet for the funds, as transactions are non-refundable。Make sure that the "coin" is set to (BTC) tap to change if needed。Learn more about VERSE here。Every time you make a cryptocurrency transaction, it's sent out to the network。" Send us a message, and we’ll be happy to assist you