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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。SummaryVerse Scratcher is a decentralized app (DApp) which enables anyone to purchase digital tickets and "scratch" them to reveal the numbers。com Wallet appWhen you create a transaction on the Ethereum network using the Bitcoin。"Go to "Manual backup。The next transaction submitted by this wallet will be given a nonce of 5, and so on。This will open up the network fee settings menu。Purchase MATIC: You can buy MATIC directly from our appSwap for MATIC: If you have other cryptocurrencies, you can swap them for MATIC directly in our app or on the Verse DEX if your wallet is already funded with other cryptocurrencies。In most cases, your transaction will confirm within a few hours at most。For example: 3。Give your wallet a name4。com Verse team plans to extend future airdrops to active users across various blockchain networks in the Bitcoin。This requires moving funds from Layer 1 to Layer 2。There are two ways to invite participants。” What to do if you are having trouble connecting to a DApp using WalletConnectThe WalletConnect protocol is in the process of transitioning from V1 to V2。If that happens, just enter your password to restore access to your funds。Change 145 to 0 in derivation。com Wallet app including Bitcoin, Bitcoin Cash, Avalanche, Polygon, and BNB Smart Chain。What is the Verse Burn Engine?The Verse Burn Engine is a decentralized application (DApp) that allows anyone to trigger “burns” of VERSE tokens。Then, miners (in proof-of-work systems like Bitcoin) or validators (in proof-of-stake systems like Ethereum, Avalanche, and Polygon) work to verify and include the transaction in a new block of transactions。Specifically, 35% of the Verse token supply is allocated to rewards distributed via yield farming, staking, airdrops, and other mechanisms。" Send us a message, and we’ll be happy to assist you。Here's how to set customized fees in your wallet: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。To stay legally compliant, we must ask for this information。Finally press the “Get started” button。Follow these steps to back up your wallets with our cloud service:From the home screen, tap on the Settings icon in the bottom-right cornerSelect "Security Center" If you haven't already, you'll need to sign in with Apple or GoogleCreate a master password**You'll use this password to recover your Wallet if you lose or damage your phone。For BTC wallets the required URL is https://bws。Total fees are calculated as follows:Gas units consumed x Current Gas Price Let’s look at an example where Alice sends Bob 1 BNB。Estimated confirmation time: less than 2 minutes。To open a short position, sell the perpetual contract。However, if you import your wallet into Electron Cash SLP 3。MoonPay Balance receives Easy Bank Transfer within a few minutes。com Wallet Tutorials Series, which is designed to get you up to speed on the app and its features。Polygon, or MATIC as the token is also called, is the network token for a layer-2 solution that makes transactions faster and cheaper。com Wallet appYou can remove the display of any wallets within your Bitcoin。Once you have completed the above steps, your staked USDC will be instantly withdrawn from the pool and deposited in your wallet。" This will bring up the Bitcoin block explorer。Now that I have crypto, what can I do?Swap: Once you have some crypto in your wallet, you can swap between hundreds of cryptoassets in the app。Please see our article on cryptoasset security for vital information on password management best practices。How does a shared wallet work?Recall that crypto wallets do not actually contain cryptocurrency。Select “Show QR code”Open your Bitcoin。Then, you submit the transaction request。The fee is paid in AVAX and subsequently burned (destroyed forever)。com Wallet app's home screen, tap on the "Funds" icon in the bottom toolbar。These bridged tokens will be available in your wallet。If you don’t meet the requirements, you can purchase or swap into VERSE in the Bitcoin。Scroll down and press the “Close position” button。Users who stake (deposit) their VERSE tokens in the staking smart contract are programmatically rewarded with VERSE tokens。Here's how: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left。com Wallet app (via WalletConnect)。Until a transaction is confirmed, there is no guarantee that it will be included in the blockchain。Please see step-by-step instructions for sending cryptocurrency。Liquidity is essential for enabling decentralized trading。com Wallet appAdvanced users may also choose to manually customize fees:On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left In the network fee settings menu, select "Custom fee options。How will I know when my funds arrive?If you purchased within the Bitcoin。Table of contents“Unable to purchase”Error: "Identity check timeout"Error: "Please re-enter your card details and try again"Error: "You can't upload new documents while we're checking your identity。Spend points to unlock upgrades。However, it can take up to 3 business days to be reflected in your bank account。For a thorough introduction to liquidity, read this article。Pick the cryptocurrency you want to sell。'Fast' strikes the optimal balance between cost and speed。Please only send funds from a bank account that is in your name。First: you complete further verification in the form of POI (proof of income) to increase the limit。Table of Contents How to find your Bitcoin (BTC) address How to share your Bitcoin address Is it safe to give out your Bitcoin address? Use the Bitcoin。If the user doesn’t remember their password they may be able to recover their funds using the local xpriv。Cloud BackupIf you backed up your Wallet using the cloud option, you just need to sign in to your Google or Apple account and enter the master password you created when you backed up your Wallet:Reinstall the appFrom the home screen, tap on Settings in the bottom-right cornerSign in with Google or AppleEnter the master password you created when you backed up your WalletThis will restore access to all of your wallets and digital assets in the Bitcoin。Read more: Get detailed instructions for backing up your wallets。Is there a penalty for withdrawing my staked ETH?There is no penalty for simply withdrawing your staked ETH。Try using a different card (Visa or Mastercard) from another bank。After starting a transaction, you may be sent to your bank's website to authorize the transfer (not applicable to US customers)。You can experiment with sending more than $5 per send, it all depends on how many UTXOS to make up the transaction。com Verse ecosystem, join the exclusive Verse Lounge, and much more! Explore Bitcoin。Important:Bitcoin。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。Tap continue。com Wallet appYou cannot transfer local currencies like dollars or euros from your bank into the Bitcoin。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。Input the amount you’d like to swap。The screenshot should look something like this: 2。When you create a transaction using the Bitcoin。00021 ETH and the base fee of 0。Choose from one of the three following options:'Eco' means you'll pay a lower fee, but your transaction will take longer。To see the current rewards: In the app, from the home screen, scroll down and tap on Earn。Follow these steps to back up your ETH wallet(s) manually:From the home screen, tap on the Settings icon in the bottom-right corner Select "Security Center" Go to "Manual backup" Choose the wallet you'd like to backup。com Wallet app, you toggle between displaying the CashAddr format, which is the default, and the legacy address。Secure Your 12-Word Recovery PhraseStore Securely: Keep your 12-word recovery phrase in a safe place alongside important documents like passports, birth certificates, or real estate titles。How to deposit on dYdXBefore trading, you must move cryptoassets from your Bitcoin。For multichain swaps, you are able to designate a different receiving wallet if you wish。com Wallet appTo delete the Bitcoin。You may also find our Bitcoin。No top up or withdrawal fees: Easily move funds in and out of your MoonPay Balance without worrying about extra charges。This process usually only takes a few minutes。This means that, as long as a previously submitted transaction remains pending (for whatever reason), even if you submit another transaction with a higher fee, that transaction can't go through until your previously submitted transaction is successfully processed。Please see this guide for step-by-step instructions on how to connect to and use dApps in the Bitcoin。In this article, we'll introduce shared wallets, also known as multisig (multiple signature) wallets。If relevant, select the Wallet type (Personal wallet or Shared Wallet。How do I activate my card?Visit card。Please read this guide for more details on backing up your wallets in the Bitcoin。In the top-right corner, next to the connect button, select the Polygon network。Bridging between BNB Smart Chain and EthereumYou can bridge select Ethereum cryptoassets to BNB Smart Chain using the officially recommended Celer cBridge