Well, now, things are getting more interesting in my "Adventures With Crypto".
Some people in the cryptocurrency scene have told me, "Do Your Own Research", AKA "DYOR". No one wants to give you the link to a helpful webpage, usually. So things can take a while to sink in. I must admit, my older brother warned me about scams, but as I didn't invest out of pocket, I wasn't concerned with his warnings.
I planned to earn rewards on Parler and cash them out somehow. A simple goal, but all the twists and turns involved got me playing around with crypto. All that is posted here for the most part, like a diary.
I decided to hold the crypto as stable coins until I felt like cashing out and to use for making trades. I wanted to spread it out and keep assets of $100 in my Parler issued wallet (Kyvo) and another $100 split between two exchanges where I could trade the stablecoins for other tokens. I also paid for $40 of PayPal's stablecoins to play with.
I was able to send and receive the Parler token Optio and I was able to deposit other coins in the Parler wallet. So I deposited $120 worth of stablecoins, that wasn't a problem, but I can't send them out to the exchanges or PayPal now. It gets better. I did my own research on complaints and criticisms of Parler's Optio token, and what I found is making the whole deal sound like a scam. In fact, I believe it is a house of cards ready to blow over.
It comes down to this. I have around $120 of stablecoin assets in Parler's wallet, with $20 out of pocket. I can't get those coins out of the wallet. The Parler Optio tokens I'm still earning as rewards will deposit in the wallet and will send to the three exchanges that take it, except they won't deposit them now, and haven't for about a month. If I try to send the Optio out when they won't deposit it, it will send it out, but it vanishes into the ether. Only one of these exchanges are legal to use in the U.S., and the other two are not.
It appears that I did all kinds of work peddling their crappy crypto and trading it into stablecoins just to have them keep it. I have support working on it and I told them I want it out of that damn wallet. Here is a good link that shows how shady Optio tokens are.
LINK
I'm lucky to keep around $50 worth of stablecoins I traded for Optio by keeping it in the exchanges. No one told me to use their wallet for other coins besides Optio, but it can be used for that. So I don't think that it was a scam, more like a glitch. Those are my coins and I'll keep trying to get them out, but I think I won't be getting anymore speedy replies from Tech Support now that I explained the problem in detail.
Some people in the cryptocurrency scene have told me, "Do Your Own Research", AKA "DYOR". No one wants to give you the link to a helpful webpage, usually. So things can take a while to sink in. I must admit, my older brother warned me about scams, but as I didn't invest out of pocket, I wasn't concerned with his warnings.
I planned to earn rewards on Parler and cash them out somehow. A simple goal, but all the twists and turns involved got me playing around with crypto. All that is posted here for the most part, like a diary.
I decided to hold the crypto as stable coins until I felt like cashing out and to use for making trades. I wanted to spread it out and keep assets of $100 in my Parler issued wallet (Kyvo) and another $100 split between two exchanges where I could trade the stablecoins for other tokens. I also paid for $40 of PayPal's stablecoins to play with.
I was able to send and receive the Parler token Optio and I was able to deposit other coins in the Parler wallet. So I deposited $120 worth of stablecoins, that wasn't a problem, but I can't send them out to the exchanges or PayPal now. It gets better. I did my own research on complaints and criticisms of Parler's Optio token, and what I found is making the whole deal sound like a scam. In fact, I believe it is a house of cards ready to blow over.
It comes down to this. I have around $120 of stablecoin assets in Parler's wallet, with $20 out of pocket. I can't get those coins out of the wallet. The Parler Optio tokens I'm still earning as rewards will deposit in the wallet and will send to the three exchanges that take it, except they won't deposit them now, and haven't for about a month. If I try to send the Optio out when they won't deposit it, it will send it out, but it vanishes into the ether. Only one of these exchanges are legal to use in the U.S., and the other two are not.
It appears that I did all kinds of work peddling their crappy crypto and trading it into stablecoins just to have them keep it. I have support working on it and I told them I want it out of that damn wallet. Here is a good link that shows how shady Optio tokens are.
LINK
I'm lucky to keep around $50 worth of stablecoins I traded for Optio by keeping it in the exchanges. No one told me to use their wallet for other coins besides Optio, but it can be used for that. So I don't think that it was a scam, more like a glitch. Those are my coins and I'll keep trying to get them out, but I think I won't be getting anymore speedy replies from Tech Support now that I explained the problem in detail.
A trail goes two ways and looks different in each direction - There is no such thing as a timid woodland creature - Whatever does not kill you leaves you a survivor - Jesus is NOT a bad word - MSB