As a newbie with crypto, I was bound to make mistakes.
First off, the crypto-exchange, XT.com, won't work with certain IP addresses, like mine, so I have to use Coinstore to trade OPT. When withdrawing from the Kyvo wallet to deposit into Coinstore, make sure the send and receive addresses are correct and use the memo code numbers. A wrong address for the sending wallet stops the transaction, but a wrong receiving address will make your deposit disappear entirely.
My first few Coinstore deposits went perfectly. But I didn't know they had a minimum deposit, and when I sent less, the transaction failed, and the 100 OPT I sent, worth about 36 cents, was lost forever. When I say an amount of crypto is equal to a money value, it is the market value at the time of the transaction. Looking at its value now, I lost 40 cents, so the token has a potential value based on the market and carries more value because of that.
They say send a little first to be sure it makes it. Lots of things to keep track of, but I'm getting it, and my balance is doing great at Coinbase where I do my trading. I easily added my PayPal account to Coinbase for transferring cash into my wallet or making cash deposits when I convert to USD.
Some things do go right. An altcoin I'm interested in, Jasmy, was predicted to go up for the next month, so I invested $10 (half crypto and half cash) last night and have earned 12 cents by this morning (Oh, now it's 18 cents). By keeping the trades at even dollar amounts, I can easily tell if I am gaining or losing.
https://coincodex.com/crypto/jasmy/price-prediction/
First off, the crypto-exchange, XT.com, won't work with certain IP addresses, like mine, so I have to use Coinstore to trade OPT. When withdrawing from the Kyvo wallet to deposit into Coinstore, make sure the send and receive addresses are correct and use the memo code numbers. A wrong address for the sending wallet stops the transaction, but a wrong receiving address will make your deposit disappear entirely.
My first few Coinstore deposits went perfectly. But I didn't know they had a minimum deposit, and when I sent less, the transaction failed, and the 100 OPT I sent, worth about 36 cents, was lost forever. When I say an amount of crypto is equal to a money value, it is the market value at the time of the transaction. Looking at its value now, I lost 40 cents, so the token has a potential value based on the market and carries more value because of that.
They say send a little first to be sure it makes it. Lots of things to keep track of, but I'm getting it, and my balance is doing great at Coinbase where I do my trading. I easily added my PayPal account to Coinbase for transferring cash into my wallet or making cash deposits when I convert to USD.
Some things do go right. An altcoin I'm interested in, Jasmy, was predicted to go up for the next month, so I invested $10 (half crypto and half cash) last night and have earned 12 cents by this morning (Oh, now it's 18 cents). By keeping the trades at even dollar amounts, I can easily tell if I am gaining or losing.
https://coincodex.com/crypto/jasmy/price-prediction/
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