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You can learn how to stake matic from this: How to stake Polygon (MATIC)
You can use Trustwallet too, or any other web3 wallet.
You can use Trustwallet too, or any other web3 wallet.
At least what the OP should know when choosing sometimes the Trust Wallet wallet on the Polygon network doesn't support MATIC staking directly. However, you have several other options available then Connect your wallet to the staking platform, there are several options available, such as Aave, QuickSwap or SushiSwap, just follow the order requested.
Thanks! I have moved my MATIC into my Trust Wallet on the Polygon network .... I have just found out about StaderLabs who offer liquid staking and accept MATIC on the Polygon Network.
Does anyone have any experience of using StaderLabs for staking purposes?
Is anyone using trailing stops when taking profit from a pump and if so what percentage do you trail??
For example I sold some $QNT today as it pumped off the back of positive news.
I had no idea how high it would go so trialled a 1% trailing stop.
Obviously I didn't get the peak breakout of £116 but did sell at £114ish as the pump stalled.
For example I sold some $QNT today as it pumped off the back of positive news.
I had no idea how high it would go so trialled a 1% trailing stop.
Obviously I didn't get the peak breakout of £116 but did sell at £114ish as the pump stalled.
Hi everyone, sorry life got busy and I didn't get back to you all.
I read a suggestion to log out and log back in, when I did the total displayed correctly and it says I can send the whole amount.
I don't if this was a coincidence of timing and the transaction was confirmed or an issue with the app!!
Thanks for the advice on wallet choice, I'm unfamiliar with Electrum but will look into it if it's open source and considered a better option.
My plan was to send Bitcoin to Coinbase (self custody) wallet and ALTs to Trustwallet to diversify risk.
I read a suggestion to log out and log back in, when I did the total displayed correctly and it says I can send the whole amount.
I don't if this was a coincidence of timing and the transaction was confirmed or an issue with the app!!
Thanks for the advice on wallet choice, I'm unfamiliar with Electrum but will look into it if it's open source and considered a better option.
My plan was to send Bitcoin to Coinbase (self custody) wallet and ALTs to Trustwallet to diversify risk.
I started using Coinbase Wallet and have sent two transfers of Bitcoin into it. They both show up under transactions but only one in the total amount. Therefore it says I can only send this amount from the wallet and not the total of the two transfers. Anyone got any ideas as struggling to get info. from support?
I'm really worried about my $BTC and why I can't access it all.
I'm really worried about my $BTC and why I can't access it all.
I don't think there is any way for such; moving your fund from a centralized exchange to a trust wallet is almost the same risk you share there; trust wallet is also owned by Binance, which is a centralized exchange; trust wallet is not an open source wallet; and it's also not completely decentralized since users data are now, at some point, backed up to Google Drive.
Have you tried checking out the Metamask desktop extension? I guess they have a few staking options; you just have to check them out for yourself, but you can't expect the rewards to be the same as those of the centralized exchanges, where you have a greater risk; the higher the risk, the higher the reward.
Have you tried checking out the Metamask desktop extension? I guess they have a few staking options; you just have to check them out for yourself, but you can't expect the rewards to be the same as those of the centralized exchanges, where you have a greater risk; the higher the risk, the higher the reward.
I was lead to believe that Trust Wallet is open source which is one of the reasons I chose it over for example Coinbase wallet!??!
With everything going on I'm making an effort to take coins off CEXs
I have set up a trust wallet but it's says to stake DOT I need a minimum of 270DOT
I am a small fish and only hold 100DOT
I can earn 15%+ on exchange staking it which I don't want to give up.
Is there any way I can self custody and stake or is on exchange my only option?
I have set up a trust wallet but it's says to stake DOT I need a minimum of 270DOT
I am a small fish and only hold 100DOT
I can earn 15%+ on exchange staking it which I don't want to give up.
Is there any way I can self custody and stake or is on exchange my only option?
I've now downloaded Koinly and have set up API's to my exchanges/wallets but have a couple of issues.
1. Any coins which are staked on exchanges aren't showing up, I don't believe this is affecting my tax calculation but shows a massive current loss in my unrealized gains.
2. I am getting a capital gain profit/loss associated with every USDT/USD swap and purchase of crypto using USDT which I wasn't expecting. Are these down to currency rate of exchange variations?
1. Any coins which are staked on exchanges aren't showing up, I don't believe this is affecting my tax calculation but shows a massive current loss in my unrealized gains.
2. I am getting a capital gain profit/loss associated with every USDT/USD swap and purchase of crypto using USDT which I wasn't expecting. Are these down to currency rate of exchange variations?
99% of my holdings are Top100 coins but I decided for the first time to invest some of my profit into Rejuve.ai as a very long shot.
Since I bought it's dropped by 50% ...... so my question is when you buy a microcap moonshot do you place a stop loss to try and get it cheaper if the price drops significantly or do you simply buy and hold in the hope/belief it will make significant gains come the bull run.
Since I bought it's dropped by 50% ...... so my question is when you buy a microcap moonshot do you place a stop loss to try and get it cheaper if the price drops significantly or do you simply buy and hold in the hope/belief it will make significant gains come the bull run.
Thanks everyone for your replies, I've really enjoyed the various outlooks on choosing an entry point.
I didn't take the plunge on OP or IMX despite their significant downtrend, partially as I fear Bitcoin dropping to $25K and better buying opportunities may present there.
I've made the mistake of buying a few others HBAR, AGIX, AR as prices were dropping .... and then they dropped significantly further. Perhaps I should have waited until prices stabilized as suggested. Or DCA'ed in so I could potentially buy lower too.
I guess I'll keep my powder dry for now and watch for OP targets mentioned above of $1.2 to $0.9
I didn't take the plunge on OP or IMX despite their significant downtrend, partially as I fear Bitcoin dropping to $25K and better buying opportunities may present there.
I've made the mistake of buying a few others HBAR, AGIX, AR as prices were dropping .... and then they dropped significantly further. Perhaps I should have waited until prices stabilized as suggested. Or DCA'ed in so I could potentially buy lower too.
I guess I'll keep my powder dry for now and watch for OP targets mentioned above of $1.2 to $0.9
It looks like the Bitcoin network charges are almost getting back to normal, hoping KuCoin will reduce their charges back to 0.0005BTC again before I transfer out.
I have no idea if this is likely but hoping they won't "excessively" profiteer by keeping the charge at double it's previous amount when real costs reduce.
(Currently Bitcoin network charge is approx $5 and KuCoin withdrawal is $26.90!!!)
I have no idea if this is likely but hoping they won't "excessively" profiteer by keeping the charge at double it's previous amount when real costs reduce.
(Currently Bitcoin network charge is approx $5 and KuCoin withdrawal is $26.90!!!)
Thanks everyone for your replies, plenty of options to research and potentially use in the future. I think for now my best option may be to transfer into Trust Wallet using the lower cost Polygon Network and forgo the staking rewards.
Relatively speaking I have a small holding and the Eth gas fees will make a decent dent, adding to this staking is taxed at 40% as income so it's going to take time to break even!
Relatively speaking I have a small holding and the Eth gas fees will make a decent dent, adding to this staking is taxed at 40% as income so it's going to take time to break even!
Following up on this, I've been using CoinStats which I have found very user friendly and has the information I need at this stage.
I have been having one issue though, I use the alerts for price targets buy/sell on various coins but they seem to only be sporadically working.
Sometimes I get notified and sometimes I get nothing which seem to make no sense.
Also if numerous alerts get activated during the same time period I only get informed of the first one and when I login there is no way to see which others have activated without clicking through every coin individually.
I have been having one issue though, I use the alerts for price targets buy/sell on various coins but they seem to only be sporadically working.
Sometimes I get notified and sometimes I get nothing which seem to make no sense.
Also if numerous alerts get activated during the same time period I only get informed of the first one and when I login there is no way to see which others have activated without clicking through every coin individually.
I've been interested in adding Optimism and ImmutableX to my portfolio but their price has been inflated after big run ups.
Now they are both in freefall and I'm considering an entry point.
How do you decide where to take the plunge? A certain %drop from the top or a %above bottom?
Or do you just look at previous levels as the traders always mention, Optimism is getting close to some previous tops at $1.3 for example?
Or do you get buy targets from another source?
Now they are both in freefall and I'm considering an entry point.
How do you decide where to take the plunge? A certain %drop from the top or a %above bottom?
Or do you just look at previous levels as the traders always mention, Optimism is getting close to some previous tops at $1.3 for example?
Or do you get buy targets from another source?
I'm going through the process of moving my crypto off Centralized exchanges and MATIC is next.
I was going to send it to my Trust Wallet but it looks like I can't stake it there.
I've been looking at options and my understanding is that to stake it on ETH mainnet or on LIDO I need to move it off the exchange on the Ethereum network rather than the Polygon network?? Is this correct, as obviously this will cost significantly more and take time to recover through staking.
Wondering whether sending it to Trust Wallet on Polygon and not staking is a sensible and simple option
I was going to send it to my Trust Wallet but it looks like I can't stake it there.
I've been looking at options and my understanding is that to stake it on ETH mainnet or on LIDO I need to move it off the exchange on the Ethereum network rather than the Polygon network?? Is this correct, as obviously this will cost significantly more and take time to recover through staking.
Wondering whether sending it to Trust Wallet on Polygon and not staking is a sensible and simple option
I'm really sorry, but I have no idea what the previous two comments are trying to say. Maybe we have a difference of language.
Very simply, the alerts don't all show for me when they trigger on CoinStats.
I am wondering if I have overlooked anything. I would also like to see which alerts have triggered rather than them just disappear.
Very simply, the alerts don't all show for me when they trigger on CoinStats.
I am wondering if I have overlooked anything. I would also like to see which alerts have triggered rather than them just disappear.
It's simply price alerts on various coins where I'd like to buy more or take potentially take profits.
A lot of the time they do work but some definitely haven't shown up and I know their price has been bypassed as they've disappeared from my list of alerts.
My main issue is when multiple alerts are triggered (as is often the case as the market moves as one) it only shows me one in my notifications and there is no record on the app that I can find to show what other alerts have been triggered.
A lot of the time they do work but some definitely haven't shown up and I know their price has been bypassed as they've disappeared from my list of alerts.
My main issue is when multiple alerts are triggered (as is often the case as the market moves as one) it only shows me one in my notifications and there is no record on the app that I can find to show what other alerts have been triggered.
I am having issues with alerts from Coin Stats on my android phone, some don't show up as an alert at all and it just disappears from my alert list.
Sometimes if numerous alerts happen concurrently I only receive one of them and have no idea which others have triggered.
There also appears to be no way to view which alerts have triggered?? Is this correct? They just disappear from the alert list with no record of them??
Same for anyone else??
Ideally I'd like to resolve the issues rather than use another app as I have my portfolio tracker set up successfully on Coin Stats app!!
Sometimes if numerous alerts happen concurrently I only receive one of them and have no idea which others have triggered.
There also appears to be no way to view which alerts have triggered?? Is this correct? They just disappear from the alert list with no record of them??
Same for anyone else??
Ideally I'd like to resolve the issues rather than use another app as I have my portfolio tracker set up successfully on Coin Stats app!!
Thanks for the info, I had never heard of Mempool until the previous post but have now seen it mentioned many times in videos as Bitcoin network fees have skyrocketed!
I definitely pre-empted something asking if it would be cheaper to send funds back to exchange than it is to withdraw them
I STILL haven't moved my Bitcoin off exchange, was hoping to for the price to drop ($25k ish) so I could buy more and move it all together so the fee wouldn't burn as large a %
That's if I can afford to move it back in a bull run with ordinals clogging up the network
I definitely pre-empted something asking if it would be cheaper to send funds back to exchange than it is to withdraw them
I STILL haven't moved my Bitcoin off exchange, was hoping to for the price to drop ($25k ish) so I could buy more and move it all together so the fee wouldn't burn as large a %
That's if I can afford to move it back in a bull run with ordinals clogging up the network
Hi everyone, I've got my Coinbase Wallet set up now. To transfer BTC from KuCoin into it has a 0.0005BTC fee which definitely makes a dent in my holdings.
My question is, say I want to move half of it back to KuCoin to sell in the future, will the charge again be 0.0005BTC? I can't seem to find this info for Coinbase Wallet.
My question is, say I want to move half of it back to KuCoin to sell in the future, will the charge again be 0.0005BTC? I can't seem to find this info for Coinbase Wallet.