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2. The importance of a comprehensive explanation
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Table of contentsWhat are blockchain network fees? How to customize network fees when sending cryptocurrency Fees for sending Bitcoin (BTC) What is the Bitcoin network fee? How are BTC fees determined? Customizing fees when sending BTC What can I do if my Bitcoin transaction is stuck? Fees for sending Bitcoin Cash (BCH) Why is the BCH network fee so low? Fees for transacting on the Ethereum network Customizing fees for using the Ethereum network in the Bitcoin。You can type the amount, or choose one of five presets (10%, 25%, 50%, 75%, Max)。Amount bought in USDProfit1000100500502002010010You can play with this DYDX risk calculator to get a better understanding of how to size your trades appropriately。People using supported wallets (like the Bitcoin。Select "Shareable Link" as the sending method。You can read more about WalletConnect here。com)Look for the “Connect Wallet” section of the DApp and choose WalletConnect as the connection method。PrizesGrand prize: $4452nd place: $225Third place: $113Top ten: $15 eachTop 25: Free Verse Scratcher scratch & win ticketA snapshot of the leaderboard will be taken on Feb 20 at 0:00 UTC。Remember, transactions can only be processed in the order they were submitted, so if you have a pending transaction with a lower nonce, only when that transaction is confirmed will the network consider your next transaction。At the time of writing, rewards were at 20。Check the details and slide the button to confirm。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。Enter the amount you want to send and tap "CONTINUE"。How do I know what the right fee is for making a Polygon transaction?The Bitcoin。Individual Contributions Anyone can contribute VERSE tokens to the Verse Burn Engine。" **Simple transactions like sending from one wallet to another use less gas than more complicated transactions such as those that interact with one or more smart contracts。Macro Factors: Global economic indicators, such as changes in interest rates, inflation levels, and political stability, can also impact investor sentiment towards assets like Bitcoin。me/electroncashwallet。Minimum amount may vary。In order to prevent pending transactions and ensure transactions go through faster, we recommend that you set the gas fee to "high。com Wallet has implemented it, is to ensure that users don’t accidentally send a token to the wrong chain (eg。This means you can still receive payments to all previously generated addresses。And that’s it! The Bitcoin。What if I’m already staking VERSE? Rewards in the existing VERSE staking pool on Ethereum will be reduced gradually starting from November 2024。We understand the importance of addressing this promptly。Use the “Create Pools” self service feature on the Verse DEX to fund your liquidity pool。ACH bank transfers can take 3 - 10 business days to be credited to your account。Which Bank accounts are supported for ACH Withdrawals?MoonPay supports Euro bank accounts that can receive SEPA payments and UK bank accounts that can receive GBP payments。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。It's just you。com/gastracker and set customized fees based on the market rate for gas。For example, if you’re swapping into Ether, you may want to receive it in your “My ETH Savings” wallet。For example: 3。It is therefore highly recommended that you upgrade your iPhone’s iOS to version 16 or greater to ensure your Bitcoin。Please reach out via our support channels if you have any questions。For first time transactions, this can take between a few minutes and a few hours, depending on the additional verifications that may be required。This acts as the key to access the app, but what happens if you lose or break your device? If you haven't backed up your Wallet and/or don’t have the password/recovery phrases, you won’t be able to access your funds from your new device。You may connect different wallets to start a new game。Select "View transaction on block explorer。Other cryptocurrencies like ETH, AVAX, MATIC, and BNB are the fuel needed to execute functions on a public “smart contract” network。Trading is currently available on the Ethereum and SmartBCH blockchains, but more chains are in the process of being added。For email support, please reach out to [email protected]。Most subsequent transactions will be processed within about 20 minutes, but occasionally during periods where the service provider is receiving an unusually large amount of orders or when the service provider is running additional checks, it may take longer。For example, imagine you deposit ETH as collateral。Instead of simply leaving these LP tokens in your wallet, you can deposit them into Verse Farms to earn additional rewards, on top of trading fees that you are already earning as a liquidity provider。com does not store your password or secret phrases! If you lose access to your device, the only way to access your funds is with your password。Check the final confirmation screen carefully The below is the swap preview for an ETH→VERSE trade。Only cards that integrate 3D Secure are accepted by our payment processor。Behind the scenes, it works like this: When a burn is triggered, all VERSE tokens in the Verse Burn Engine smart contract are sent to the “null” address (0x00。Find the transaction you're having issues with and tap it。Then press the “Connect wallet” button。com!Congratulations on taking the first step towards the financial freedom that Bitcoin, Ethereum, VERSE, Polygon, Avalanche, BNB (Binance Coin) and the world of cryptocurrency has to offer。The customer will send the correct amount of cryptocurrency to this address and the payment gateway service will either transfer the cryptocurrency directly to you (the merchant) or convert it to the currency of your choice。Scroll down at the bottom part > Click the "Swap" button2️⃣ It will direct you to the swap page home screen > Select ETH ➡️type of ERC20 token that you wish to receive3️⃣ Enter the amount4️⃣ Tap on "GET QUOTE"5️⃣ Make sure details are correct then tap "Slide to Swap"6️⃣ You will be notified in the Wallet inbox 🔔 once the swap is finished Please see an instructional video here: If you have any questions and are using the Bitcoin。Please check your email because in some cases additional checks may be required on your submitted identification documents or banking institution。Please note that Bitcoin。If you have any trouble at all, please feel free to send us a message by clicking the chat icon on the bottom right part corner or sending us an email at [email protected]。”Locate, “Bitcoin。If they don’t deposit the funds into their wallet, you can reclaim and regift it to a new friend。” 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 you’ve been waiting more than 3 business days for your top up, please check with your bank and make sure they made the transfer to MoonPay。With the Polygon software development kit (SDK), developers can create decentralized applications (DApps) on sidechains or L2s, all connected to the Ethereum mainnet。com Wallet app。Make sure to include the reference and use your own bank account。You'll also see the status of the transaction (pending or confirmed)。com Wallet constantly monitors the market rate for gas, as well as the current base fee cost, to arrive at the optimal price for each preset mode。com supports buying cryptocurrencies in most countries。com Wallet, you can customize the fee you pay to the network。com Wallet appPlease see this guide for step-by-step instructions。If you already have the app installed, 👉tap here👈 to go straight to Web3 Explorer Swap。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。Easily swap between cryptocurrenciesPlease visit this article 👇 for complete instructions。And that's it!Learn more about Bitcoin transaction accelerators。Reward Points or Loyalty Tokens: They can be used within a community or platform to reward users or provide incentives。000000001 BNB (10-9 BNB)。But don’t worry, fees are low on Avalanche and Polygon! That’s because Avalanche and Polygon are next-generation blockchains that leverage novel tech to increase speed and decrease costs。Error: "Your transaction has been declined"If you receive this error, we suggest taking the following steps:Ensure you've correctly completed the identity and document verification process。0015 on the Verse DEX。You can also directly interact with Decentralized Apps(DApps) on the Polygon network using the Bitcoin。You should then see the 12-word backup phrase displayed。Try using a different card (Visa or Mastercard) from another bank。Reduced risk of single point failure: Since shared wallets require multiple people for authorization, they eliminate the risk associated with having a single point of failure。Before you provide liquidity, you need to check which Pools Verse Farms supports。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。Enter the amount of VERSE to stake and press the "CONFIRM STAKE" button。On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left。com Wallet AppFrom the home screen, tap "SEND。com ecosystem and the world's gateway to DeFi。Key termsBefore entering any trade, it’s important to understand all of the terms below。Let’s go to the Discovery tab (by tapping on the globe icon at the bottom of the home screen)。com/gastracker。Regulatory News: Government regulations can have a significant impact on the price of Bitcoin。For this guide, we’ll assume you’ve topped up already (see “How do I top up my MoonPay Balance?” above for top-up instructions)。What can VERSE be used for?Use it to earn Bitcoin! Did you know you can stake VERSE to start earning Bitcoin, currently at over 30% APY? Check out this guide for step-by-step instructions。Just reinstall the app then enter your password to restore access to your funds。In that case, you'll need to resubmit the transaction。com Wallet app。No MoonPay fee, so it’s more cost-effective。BNB token is the fuel for BNB Smart Chain。'Fast' strikes the optimal balance between cost and speed