Can anyone answer my question on just converting everything to BUSD instead and withdrawing it to nano ledger?


Would i save money on withdraw fees?  It seem yes but isn't the issue of when i want to send BUSD to an exchange, i have to pay ETH fees like the current altcoin I own because I read BUSD is an ETH coin? 



Or it isn't?

Im a us citizen but the thing is im abroad pretty much all year.  I never logged into my binance.com account once while i was in the US.  I only logged in it while outside the US which is why i could always log into binance etc.

Can anyone answer my question on just converting everything to BUSD instead and withdrawing it to nano ledger?


Would i save money on withdraw fees?  It seem yes but isn't the issue of when i want to send BUSD to an exchange, i have to pay ETH fees like the current altcoin I own because I read BUSD is an ETH coin? 



Or it isn't?

Yea i know just converting the coins in the exchange to btc and withdrawing it to the nano ledger would be most simple but you pay that hefty fee.


But if i withdraw usdt/usdc via Binance Smart Chain or Tron Chain... i know the fee would be little.  But I should have no issue selling that usdt/usdc in the future though if my only option to trade is coinbase/gemini due to my citizenship and country location?  Some people in another thread mention you could use peer to peer.  So that would work but they charge much higher?


Example if wanting to convert 2000 usdt/usdc that is on the Binance Smart Chain etc to btc or fiat?


Also could you store BUSD in nano ledger?


Someone said i could withdraw from exchange with that... and pay lesser fees and there wouldn't be fluctuations like with BNB

Did anyone else get another binance email where the date to submit all verification is now October 4 instead?  I got this email and even saw someone mention this on reddit?


But i also had that email about it being October 19 not long ago.


So some people have to do verification even faster?

I just thought about something else.


If I trade the altcoin for BUSD.  Then trade the tiny amount of bnb and btc i have for BUSD... then withdraw that BUSD to my nano ledger... would that work?  Would that be like the cheapest way since by doing that... you pay 0.8 BUSD only?  But not only that... you don't have to be concerned about price fluctations since its a flat dollar?  But compared to usdt/usdc... you dont have to pay that higher fee if its on that ETH Network?
Thus even if i traded it all for BNB, well im still subject to price fluctuations right?  So BUSD makes the most sense?  Or second option is just convert everything to btc and withdraw that way and pay the fee?


But my situation though is i would only be able to use coinbase/gemini due to my citizenship and country location though.  And I notice BNB and BUSD... the only exchanges you could buy/sell it is binance and binance.US which i cannot use.  So would this pose a problem for me in the future?  But people say there are peer to peer exchanges where you can trade with others in situations like this?  But how much more percentage would one have to pay?  Example imagine having around 2000 BUSD and wanting to convert that to btc or fiat or usdt/usdc.  How much percentage around would that be?



Also to the person that said


The minimum trading with fiat pairs is $10...


You are telling me i can't sell 5 dollar worth of BNB for btc or BUSD or usdc/usdt?


I thought only USD is fiat?  Isn't BUSD, usdc/usdt not fiat?

I just thought about something else.


If I trade the altcoin for BUSD.  Then trade the tiny amount of bnb and btc i have for BUSD... then withdraw that BUSD to my nano ledger... would that work?  Would that be like the cheapest way since by doing that... you pay 0.8 BUSD only?  But not only that... you don't have to be concerned about price fluctations since its a flat dollar?  But compared to usdt/usdc... you dont have to pay that higher fee if its on that ETH Network?
Thus even if i traded it all for BNB, well im still subject to price fluctuations right?  So BUSD makes the most sense?  Or second option is just convert everything to btc and withdraw that way and pay the fee?


But my situation though is i would only be able to use coinbase/gemini due to my citizenship and country location though.  And I notice BNB and BUSD... the only exchanges you could buy/sell it is binance and binance.US which i cannot use.  So would this pose a problem for me in the future?  But people say there are peer to peer exchanges where you can trade with others in situations like this?  But how much more percentage would one have to pay?  Example imagine having around 2000 BUSD and wanting to convert that to btc or fiat or usdt/usdc.  How much percentage around would that be?

Okay so to make it simple. 



Let say the altcoin you have... let say its an altcoin that only binance and binance.US has and no other exchange has this.  Thus imagine coinbase/gemini and every other exchange doesn't trade it.


Example let say the coin is BNB or BUSD.


Are you telling me those peer to peer networks... you could find someone to trade bnb or busd for btc or usdt/usdc etc?


What are the sites that does this... so i could take a look at it?


Also... how much more will you be paying for it?  Example in those places..are you playing like a few percentages more?

Can people here who still have not completed any verification yet such as not send any verification documents at all to binance can confirm... they can still trade at the moment?


Would like feedback from these people.

What happens if you have a coin and you can no longer trade it because the exchanges that offer the option to trade... you cannot use it due to country restriction or some other similar issue?  Such as you cannot get an account there for whatever reason it maybe?


For example, soon I will only be able to use only coinbase/gemini because im a US Citizen and because many other exchanges like kraken and binance.us ... i can't use due to the state where im from. 


So for example, when i look at a coin like BNB... which is a very popular coin on binance and binance.US, how in the world would i sell this coin if i can't use those exchanges?


I got to assume lot of people have been in this situation?


Of course if you know this situation will happen, best to sell the coin while you can so you don't have the issue.




So what are one's options?  Imagine you had BNB or another altcoin and the exchanges that you allow you to trade it... you cannot have an account there.  Are you screwed?  I assume you could always find someone online who would help you sell it so to speak for a fee?  Like imagine you give them BNB and they pay you via btc or stablecoin and you pay them extra to help you sell the coin since you cannot have an account at the exchanges which sell it?



Are there services like this?  What would be the fee for something like this?

What happens if you have a coin and you can no longer trade it because the exchanges that offer the option to trade... you cannot use it due to country restriction or some other similar issue?  Such as you cannot get an account there for whatever reason it maybe?


For example, soon I will only be able to use only coinbase/gemini because im a US Citizen and because many other exchanges like kraken and binance.us ... i can't use due to the state where im from. 


So for example, when i look at a coin like BNB... which is a very popular coin on binance and binance.US, how in the world would i sell this coin if i can't use those exchanges?


I got to assume lot of people have been in this situation?


Of course if you know this situation will happen, best to sell the coin while you can so you don't have the issue.




So what are one's options?  Imagine you had BNB or another altcoin and the exchanges that you allow you to trade it... you cannot have an account there.  Are you screwed?  I assume you could always find someone online who would help you sell it so to speak for a fee?  Like imagine you give them BNB and they pay you via btc or stablecoin and you pay them extra to help you sell the coin since you cannot have an account at the exchanges which sell it?



Are there services like this?  What would be the fee for something like this?



Obviously there is the use VPN thing but if an exchange requires KYC, then obviously you cannot do this.

Well the reason why i ask this is because im in a strange situation.  I have funds in binance that I need to withdraw.



I have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.



Okay so from the best option to worst option would it be like this in terms of withdrawing?





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention in another thread about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc?



Someone posted above to just withdraw usdt/usdc via Binance Chain/Tron Chain as oppose to ETH chain since you save a lot on withdraw costs.  But would I have issue selling the usdt/usdc in the future though since its Binance/Tron network and the only exchange I could use would be coinbase/gemini?

Okay so from the best option to worst option would it be like this


Again i have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc?

Okay so from the best option to worst option would it be like this


Again i have roughly 2000 dollars worth of altcoin and about 8 dollars worth of btc and 5 dollars worth of bnb.





Sell altcoin for btc.  Sell 5 dollar worth of bnb for btc.  Then just withdraw the entire btc to my nano ledger?  Pay the fee of 0.0005 btc = 22 dollars


Sell altcoin for usdt/usdc via Binance Chain/Tron Chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using Binance/Tron network?  Pay Fee of = 1 dollar max


Sell altcoin for btc.  Sell all the btc for bnb and withdraw Bnb.  Fee = < 1 dollar


Keep the altcoin and withdraw altcoin to nano ledger.  Sell the btc for bnb.  Then withdraw entire bnb to nano ledger?


Sell altcoin for usdt/usdc via ETH chain.  Sell the tiny amount of bnb and btc for usdt/usdc.  Then withdraw it to nano ledger using ETH Chain?  Pay the fee =25 dollars




The thing about my situation is I don't really want to sell the altcoin that i have.  Its an ETH coin.  But since people say if i keep it and send it to my nano ledger... well im going to pay around 25 dollars the next time i want to move it to an exchange.  Is that accurate?  But my other concern is many of the exchanges I could trade this altcoin... im country restricted.  So wouldn't this be another reason to not with this altcoin?



People also mention about just trading it all for BNB.  Well the first thing is BNB isn't stable like btc.  I mean... i rather have btc than bnb.  The other thing is where can I even sell bnb if im a us citizen but in a restricted state?  I cannot use Binance.com... nor binance.us due to the state where im from.  So would this be another reason to not hold BNB?   Or is this not an issue for people?  Like imagine you cannot sell a coin because the exchanges that allow you to trade it... you are country restricted.  What do you do then?



I mean i rather have usdt/usdc but then i read you pay high fees if you use ETH chain which is the most popular chain.  But if i use binance chain or tron chain... isn't my issue... well how can i sell it in the future if im limited to coinbase and gemini only?  And those exchanges... they have usdt/usdc but its only on the ETH chain.



So based on that... best to just convert altcoin and tiny amount of bnb to btc? 

I just downloaded ledger live from ledger site.


One thing i noticed was when i looked at it file without opening it... i right click it and properties.  I notice in the general tab which it opens up...


The bottom shows


Security  This file came from another computer and might be blocked to help protect this computer.



Did any of you also have this message in the ledger live 2.33.1 download?  I took a look at the old ledger live desktop i downloaded which was 2.26.1 and when I right click it and properties, I don't notice that message.




I am going to do HCP method of verifying the signature and could appreciate if someone could clear everything up.



Do I just click on the start menu and type in powershell and then click on windows powershell or right click and run as admin on windows power shell?



Then once I do that


I see a blue screen that shows


Windows Powershell
Copyright (C) Microsoft Corporation.  All rights reserved.

Try the new cross-platform powershell  https://aka.ms/pscore6


PS C:Users/jerry0>


Then press spacebar once... and then type this and enter?


Get-FileHash ledger-live-desktop-2.33.1-win.exe -Algorithm SHA512 | Format-Table -AutoSize -Wrap





I just want to make sure of this before I continue as that security message file came from another computer... i never seen before.  Can you guys confirm this is the correct way to do it without downloading the hashbit etc?


Thing that has me confused is HCP says


You just need to make sure you're in the folder where the .exe is located... if you use Explorer... goto the folder where you downloaded the .exe and then hold down the SHIFT key and right click in an empty space (not on a file or folder) in the window... you should see an option that says "Open PowerShell window here":

So people who say withdraw it into bnb since fee is less for that... i know i could store bnb in ledger.


But one issue is... what if i cant sell bnb though?  Thing is i wouldnt be able to use binance.. binance.us etc due to my country/citizenship.


Is there always a way to sell bnb coin since that is the situation im in?

Is there a concern if I cannot trade the usdt/usdc though in the future if i only have access to two exchanges which is coinbase/gemini though?


I also heard if you withdraw usdt/usdc on binance via tron network to nano ledger... you need to make sure you have tron in your ledger... otherwise that usdt/usdc wont show up?  I do not have any eth/tron etc.



But most ppl agree best thing is just convert everything to btc and withdraw that?  Thing is i dont want to really sell that altcoin though... but thing is im not sure i could sell it in future because i cant use most exchanges.  Would that be an issue?

Can you tell me the steps to do the first part on binance?  Any trade i ever did with binance... i had traded with what is available so it immediately went through.


So what you want me to to is a limit order as oppose to market order?

Okay yes so the fee to withdraw usdt/usdc is very high if using the ETH chain on binance.


The thing is I don't have any ETH or Tron though.  So would you even suggest withdrawing usdt/usdc then to nano ledger then?  I am confused why usdt/usdc uses ETH or binance chain or smartchain or tron for fees.  Why not pay via usdt/usdc?



The other issue is this.  If i withdraw usdt/usdc via tron network... then i have it in my nano ledger.  Isn't a big issue me not being to trade that usdt/usdc if i only have access to two exchanges which is coinbase/gemini?  Reason i say this is because due to my location...  I could only use coinbase/gemini.  So wouldn't that mean i am stuck with a coin that i can't sell?  For example i have other altcoins that i cant sell due to being country restricted to a certain exchange.  What happens then?


So to make it simple, just withdraw it via ETH chain for usdt/usdc and pay the fee or just convert everything to btc and withdraw?


That way no issues later on? 

Here is the other thing.  If i have usdt/usdc on the tron network... what if i cant sell that in the future?


I only have access to coinbase/gemini and apparently these two exchanges which has usdt/usdc only is on ETH chain?  So i cant in the future sell the usdt/usdc that is on the tron chain?