Hi,
I want to make funds available for trading altcoins on Binance exchange.
I just want to know, shall I make funds available in BTC or USD?
Would be grateful if you just give a reason for your answer in a line or two i.e. what are the pros and cons for choosing one against other.
Thank you in advance.
Kind regards,
Rizwan
its depend on your purpose my friend, if you want to collect more bitcoin you can make your funds available in bitcoin but if you want to make a stable profit your funds should available on USD regards Thanks, Republicrypto. Is your statement applicable for the people living outside USA and do not use USD as currency? |
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That depends on what will be your aim in your trade
If you are wanna getting a stable profit and then you must use USD as your trading pair to the coins and when you are getting bitcoin as your return and you must make your fund available in bitcoin form.
I personally will try to choose the USD over BTC caused by when you can get the stable income from your trade and that will be very good to see that it will be stable and not getting affected by the volatility.
It's better to choose USD. When you are choosing bitcoin in a bearish situation and that would be a very bad thing.
Hello Jeff, Thank you for your detailed reply. One question: Is your reply for people living in USA? Will BTC be beneficial for who are outside US and do not use USD as currency? This question is after watching a video on YouTube: https://bit.ly/3bP4BQvWould be thankful if you give your feedback on this video. Kind regards, Rizwan |
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Hi,
I want to make funds available for trading altcoins on Binance exchange.
I just want to know, shall I make funds available in BTC or USD?
Would be grateful if you just give a reason for your answer in a line or two i.e. what are the pros and cons for choosing one against other.
Thank you in advance.
Kind regards,
Rizwan
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Nopes, your assumption is not correct. I was out of touch from cryptos for almost three years. It's cool, it's my account...  Just relax when there are people who assume wrongly against you, because sometimes there are people who judge everything the same so that they assume incorrectly, even though he himself is sleeping  Hi rahmathidayat93, Well right. Err is human, and stupidity too. I accept I err much, and, act stupid too  |
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Hi Francis, Yes right. I can trade and move into wallet. Thing is I got out of touch and these things are very risky. One small mistake and you are out of your assets. Thank you and all. Kind regards, Rizwan Hi,
I had been out of touch from cryptos for some time.
I exchanged ZIL from ETH on Binance.
I also don't remember that if I made any wallet, private key or passphrase for ZIL. My ZIL are still on Binance.
Please let me know will I be able to trade ZIL on Binance without knowing the private key or passphrase.
Thank you in advance.
Kind regards,
Rizwan
You dont own any coins when they are in centralized exchanges . They are all from a ledger. So you just need the exchange login details to withdraw them. If you are using a DEX then you definitely need to know the passphrase |
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Hi Jawhead999,
I have account on Binance.
What I remember is that I sold some of my ETH for ZIL.
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Hi,
I had been out of touch from cryptos for some time.
I exchanged ZIL from ETH on Binance.
I also don't remember that if I made any wallet, private key or passphrase for ZIL. My ZIL are still on Binance.
Please let me know will I be able to trade ZIL on Binance without knowing the private key or passphrase.
Thank you in advance.
Kind regards,
Rizwan
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Hi,
Is there any website to have coin airdrops/bounty/giveaways info?
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Hi,
I understand that EtherScan shows balance for the information purpose only.
I want to transfer my Ethers to Binance exchange.
I would be thankful if you please guide me how I would be able to do that.
Kind regards,
Rizwan
Do you buy this account you are using from someone? Cos I'm wondering how a full member don't know how transfer Ethereum to binance exchange, it shows you aren't the real owner of the account, this is a question can newbies can ask not a full member Nopes, your assumption is not correct. I was out of touch from cryptos for almost three years. It's cool, it's my account... |
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OK got your point.
What's your opinion on MyCrypto (Desktop) wallet?
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Hi,
I have my ZIL and ETH in Binance exchange.
Read somewhere that I should never keep my crypto solely on exchange.
Do I need (should) keep the cryptos in other wallet like MTW or MyCrypto? Will my balance on exchange become zero if I move? I am not sure about the procedure of that.
Would be thankful if someone guides on this.
Kind regards,
Rizwan
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Hi,
I am thankful to everyone here who took important time from their schedule for responding to this.
That was all my ignorance, forgetfulness and stupidity. I did not know that the passphrase is actually the password of my keystore. I tried many passwords but it didn't work until as a last option I entered passphrase in password field and it worked.
Thank you, all. You are great community!
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Hi,
I have ETH from mining.
Can I transfer ETH from geth to MyEtherWalltet or MyCrypto wallet?
If yes then, I would be thankful if someone guide me how to do that.
Thanking you in advance.
Kind regards,
Rizwan
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Hi I think I have failed to state my issue clearly.
I will try again:
1) I mined ETH from my rig. I have ETHs in geth. The 0x address I have that I got from geth gives me balance on EtherScan. I also have keystore and passphrase (but no private key). I hope this is clear to all.
2) I have just created a wallet in MyCrypto (Desktop) app. That gave me a private key, 0x address, and keystore file.
3) Now what should I to do bring (geth) (mining) balance to MyCrypto? (This is a missing link). I hope I stated my requirement clearly and you are also clear on this. If not then please ask.
(Note: I was out from cryptos for two whole years)
Thank you in advance.
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you are a full member and have registered since 2016, and don't know how to deposit to the exchange?
okay we start from entering a private key or keystore.
After logging in, please open your Binance account then deposit menu, look for ETH and copy the address then send it from mew or whatever app you use to do this.
then send, done.
Hi the thing is that I only mined and my balance is still in miner (geth). I do have 0x, keystore and passpharase but dont have a private key. |
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I think I am lost:
I will present whole thing here that what did I do (its 2 years old thing but I written down the things in my diary):
- I built mining rig and mined only ETH using Claymore miner
- I generated wallet address using geth
- I did "geth account new"
- I specified passpharase
- I made a copy of keystore file
- I have (a) 0x address (b) keystore file and (c) passphrase
- I DO NOT have private key.
I do have ETH because I get my balance when I enter my 0x address in EtherScan
Please help me in this. What should I do.
Thank you in advance.
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So, what I gathered that basically this is what I have to do the following:
1) Create wallet in MEW, Coinbase etc.
2) Deposit ETH in MEW from 0x address (the one I am checking balance in EtherScan)
3) Deposit ETH in Binance from MEW
Would be thankful if someone validate the above steps.
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Hi Xardasim,
Thank you for your reply. I remember didn't make account in MyEtherWallet. The Ethers I made are through mining.
Can I use my 0x address directly in Binance?
If the ether you earned are through mining aren't you supposed to drop a wallet address to receive your Ethereum in the first place? I hope you aren't trying to mine ether directly into binance Ethereum address? If that's it then don't do it, it's better to get separate Ethereum wallet address for the mining rewards and move the ether from the wallet to binance for selling, I recommend trust wallet Isn't 0x address that I am entering in EtherScan to fetch my balance is my ETH wallet address? |
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Thank you, Almasani.
Your post clears the path.
What doubts do you have?
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Hi JeotQ,
I have the following:
- 0x address
- Keystore file
- Passphrase
Please let me know the three items that I have are enough?
I don't have the private key or the password.
I forgot from where I got the private key or how to get the private key (if there a need for a private key).
Would be very thankful for your help.
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