Ok, I got some Glide here on c-cex. How do I transfer them to "SAE"? Or am I missing something?
What do I need to do?
I'm trying to understand this but there's a huge chunk of information. What can I do with this coin/asset? Is there dividends I can earn from it?
Can someone explain this to me in a simple way?
Thanks a lot!
Running your own NXT node is the best-case scenario, but having an NXT wallet on the SAE works too if you don't want to spend hours downloading the blockchain. Head over to
https://trade.secureae.com/ and click Sign Up to create an account. Pay attention to the signup steps because there is a wallet address, a wallet identifier, and a password that all need to be saved. Keep in mind you will need NXT to send anything out of an NXT-based wallet (GlideSEC is an NXT asset). The tx fee is generally 1 NXT per tx whenever NXT or NXT assets are sent from SAE or C-CEX.
The address you get when signing up at SAE will hold NXT as well as any NXT based assets such as GlideSEC.
GlideSEC pays weekly dividends in the form of NXT to the NXT address where the GlideSEC is held. Many assets pay some form of dividend. Also, on Saturday, GlideCOIN is going to be distributed to holders of GlideSEC in the form of a bearer-asset that will be redeemable for actual GlideCOIN when the wallets become available as per ActualUpsurge (who is the GlideSEC manager).
I hope that helps.
This is all very confusing to be honest... -___-
I don't understand much about that NXT that need to be sent as well and how exactly do I move my Glide (which I think is Glidesec) from c-cex to SAE.