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Author Topic: Some questions about Cryptocurrency.  (Read 418 times)
hack3rcon (OP)
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April 13, 2021, 06:23:10 PM
 #21

I'm really thankful for all advices.
I found https://www.guru99.com/best-bitcoin-cryptocurrency-wallets.html and https://www.bitdegree.org/crypto/best-cryptocurrency-wallet.
I asked about Guarda wallet because of its staking feature.
1- Can I trust to https://cointobuy.io/ and https://walletinvestor.com/ websites?
2- Can anyone show me a group or channel that offer crypto investing? For example, tell which coins want to pump.
Freewallet
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April 14, 2021, 02:57:46 PM
 #22

You don't have to worry with those coins, if they don't have their own supporting wallet, most of them are ERC20 tokens which you only need to have an Ethereum address/wallet for you to keep those tokens. There's a newer one which is called BSC, a few are made from those but there's a likely that many projects will also start working with it. Just make your own Ethereum wallet if the token you want is an ERC20 token. Well, if a dev creates a wallet that supports all the cryptos in the market it will be a total waste I guess. But that's a good idea, maybe a dev will develop a wallet that supports all of it.
What do you mean by "Just make your own Ethereum wallet if the token you want is an ERC20 token."? I have a Freewallet account and it generated an Ethereum address for me. Thus, if a token is based on Ethereum, then I can use my Ethereum address to receive it?

Hello hack3rcon,

Please deposit tokens only to the relevant deposit address of a token. For example, if you trade with Vechain, it shall be a Vechain address rather than an Ethereum one.
We tried to elucidate these aspects in our Support Section (freewallet org website) - Solutions - Tokens & Currencies - tokens and coins article. You can also contact our support team.

Freewallet, The Mobile-First Cryptowallet Developer
Learn more about Freewallet and our apps: freewallet.org
Freewallet 24/7 assistance: https://bit.ly/2rgGdRw or reach out to us directly on Facebook or by PM.
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April 14, 2021, 03:24:54 PM
 #23

Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU?
Any website exist that provide reliable forecast service?
Only 9,193? Probably you checked with old data Grin. Inactive coins are no more useful. You cannot move them but tokens on ethereum network are always moveable but what is the point of moving when such tokens are available on none of exchanges. Moreover, these days gas required to move is really ridiculous and due to that reason I have abandoned lots of ETH tokens.

If you are beginner and not into developments then you never need to worry on protocols/algorithms of coins. Just check with corresponding websites and download the wallet and check for right downloads by verifying the checksum and then start transacting those coins. I have few coins but their website itself down for long time.

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Dewi Aries
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April 14, 2021, 04:21:15 PM
Merited by Noruka (3)
 #24

If i want to look information about a coin, first thing that i do is search in a google with keyword (coin) bitcointalk. Usually there are information in this forum about coin which is new or old and usually in their ANN, it is already describe what else is information that we want to look up for example, wallet,website, etc. And in this forum also we can know how people react or maybe respond about thread of the coin so we can see how bad or good the coin is.

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April 14, 2021, 04:36:46 PM
 #25

If i want to look information about a coin, first thing that i do is search in a google with keyword (coin) bitcointalk. Usually there are information in this forum about coin which is new or old and usually in their ANN, it is already describe what else is information that we want to look up for example, wallet,website, etc. And in this forum also we can know how people react or maybe respond about thread of the coin so we can see how bad or good the coin is.

Right but if you are looking for a wallet, it is not only about finding any wallet that works, but also about finding a RELIABLE wallet source!
hack3rcon (OP)
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April 14, 2021, 06:02:15 PM
 #26

You don't have to worry with those coins, if they don't have their own supporting wallet, most of them are ERC20 tokens which you only need to have an Ethereum address/wallet for you to keep those tokens. There's a newer one which is called BSC, a few are made from those but there's a likely that many projects will also start working with it. Just make your own Ethereum wallet if the token you want is an ERC20 token. Well, if a dev creates a wallet that supports all the cryptos in the market it will be a total waste I guess. But that's a good idea, maybe a dev will develop a wallet that supports all of it.
What do you mean by "Just make your own Ethereum wallet if the token you want is an ERC20 token."? I have a Freewallet account and it generated an Ethereum address for me. Thus, if a token is based on Ethereum, then I can use my Ethereum address to receive it?

Hello hack3rcon,

Please deposit tokens only to the relevant deposit address of a token. For example, if you trade with Vechain, it shall be a Vechain address rather than an Ethereum one.
We tried to elucidate these aspects in our Support Section (freewallet org website) - Solutions - Tokens & Currencies - tokens and coins article. You can also contact our support team.
Thank you Freewallet.
Why Freewallet doesn't support many tokens like Shiba token?
Why I can't convert Tron to Vechain or vice versa?
How about staking feature?
hack3rcon (OP)
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April 14, 2021, 06:11:12 PM
 #27

If i want to look information about a coin, first thing that i do is search in a google with keyword (coin) bitcointalk. Usually there are information in this forum about coin which is new or old and usually in their ANN, it is already describe what else is information that we want to look up for example, wallet,website, etc. And in this forum also we can know how people react or maybe respond about thread of the coin so we can see how bad or good the coin is.

Right but if you are looking for a wallet, it is not only about finding any wallet that works, but also about finding a RELIABLE wallet source!
Can I find any section in https://bitcointalk.org/ that introduce multi cryptocurrency wallet? I googled and find something like Freewallet, Guarda, Atomic Wallet and...
A wallet like Electrum is best, but it's just for the Bitcoin Sad
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April 14, 2021, 07:17:11 PM
 #28

You don't have to worry with those coins, if they don't have their own supporting wallet, most of them are ERC20 tokens which you only need to have an Ethereum address/wallet for you to keep those tokens. There's a newer one which is called BSC, a few are made from those but there's a likely that many projects will also start working with it. Just make your own Ethereum wallet if the token you want is an ERC20 token. Well, if a dev creates a wallet that supports all the cryptos in the market it will be a total waste I guess. But that's a good idea, maybe a dev will develop a wallet that supports all of it.
What do you mean by "Just make your own Ethereum wallet if the token you want is an ERC20 token."? I have a Freewallet account and it generated an Ethereum address for me.
You can use Myetherwallet.com for your ethereum wallet address. There's a lot of bad feedback on free wallet.

Thus, if a token is based on Ethereum, then I can use my Ethereum address to receive it?
This is right. Once you already have an Ethereum address, you can receive tokens from it. Avoid using of Ethereum wallet from an exchange because they might not give you the token that has been sent to that Ethereum address. That's why it's better to use MEW, Mycrypto or any other of the same that has reputation.


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April 15, 2021, 08:08:27 PM
 #29

You don't have to worry with those coins, if they don't have their own supporting wallet, most of them are ERC20 tokens which you only need to have an Ethereum address/wallet for you to keep those tokens. There's a newer one which is called BSC, a few are made from those but there's a likely that many projects will also start working with it. Just make your own Ethereum wallet if the token you want is an ERC20 token. Well, if a dev creates a wallet that supports all the cryptos in the market it will be a total waste I guess. But that's a good idea, maybe a dev will develop a wallet that supports all of it.
What do you mean by "Just make your own Ethereum wallet if the token you want is an ERC20 token."? I have a Freewallet account and it generated an Ethereum address for me.
You can use Myetherwallet.com for your ethereum wallet address. There's a lot of bad feedback on free wallet.

Thus, if a token is based on Ethereum, then I can use my Ethereum address to receive it?
This is right. Once you already have an Ethereum address, you can receive tokens from it. Avoid using of Ethereum wallet from an exchange because they might not give you the token that has been sent to that Ethereum address. That's why it's better to use MEW, Mycrypto or any other of the same that has reputation.
For example, Freewallet doesn't support SHIBA INU and this token is based on Ethereum. Can I use my Ethereum address to receive SHIBA INU?
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April 15, 2021, 09:05:07 PM
 #30

Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
What you're going to do with inactive coins/projects? No activity means such projects are already dead.
So, there will be no point of worrying about them because such coins are already abandoned by its devs.

Do you know? Even dogecoin's core wallet is is not connecting to its nodes. I have been trying to sync my wallet for more than one month of time still I am unable to finish it up which blocks me to know from how much balance I'm having right now. Really annoying but what we could do except facing such situations.

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April 16, 2021, 02:05:07 AM
 #31

Hello,
Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU?
Any website exist that provide reliable forecast service?

Thank you.

If you want to find out about the token or coin specification, you should go to coinmarketcap first, there are links to their project there.
But if the coin haven't listed yet on coinmarketcap, then you can find their announcement thread in this forum.
There are multiple ways to find the wallet that support the coin, but usually new coin doesn't have any other mobile wallet and only cli wallet or gui  desktop wallet.

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April 16, 2021, 03:25:18 AM
 #32

Hello,
Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU?
Any website exist that provide reliable forecast service?

Thank you.

Most of those cryptos are Ethereum tokens which are compatible with most Ethereum wallets, like Trust mobile and Metamask.
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April 16, 2021, 05:48:23 AM
 #33

Hello,
Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU?
Any website exist that provide reliable forecast service?

Thank you.
usually you can save in advance in the wallet by entering a smart contract. This is useful for you to be able to find your token even though it is not registered in the wallet or exchange.
or maybe you can look for references from their community group, they will definitely have a solution

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April 16, 2021, 07:15:19 AM
 #34

For example, Freewallet doesn't support SHIBA INU and this token is based on Ethereum. Can I use my Ethereum address to receive SHIBA INU?

As far as I know Shiba Inu is an ERC20 token, so receiving it using your ETH address(assuming this is not from an exchange) is ok.  But in order to access this token, you must use an ERC20 compatible wallet such as myetherwallet.com, metamask or any wallet app that is erc20 compatible. 
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April 16, 2021, 08:02:37 AM
 #35

Hello,
Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
How can I find a Token or Coin protocol? For example, what is the protocol of the SHIBA INU?
Any website exist that provide reliable forecast service?

Thank you.
All of these coins will never supported in any specific wallet. Even those aren’t created in a smart chain, like myetherwallet is supported specially ERC-20 tokens and trustwallet supported many varieties of tokens. You can find easily for searching in cmc or coingecko Shiba INU found in coingecko & CMC this coin listed in 4 exchanges, it’s erc20 token and you can check in details.

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April 16, 2021, 08:46:43 AM
 #36

For example, Freewallet doesn't support SHIBA INU and this token is based on Ethereum. Can I use my Ethereum address to receive SHIBA INU?

As far as I know Shiba Inu is an ERC20 token, so receiving it using your ETH address(assuming this is not from an exchange) is ok.  But in order to access this token, you must use an ERC20 compatible wallet such as myetherwallet.com, metamask or any wallet app that is erc20 compatible. 
If in my Ethereum wallet, I have some Ethereum and use my Ethereum address to receive SHIBA INU, then these coins do not combine?
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April 16, 2021, 09:16:26 AM
 #37

Currently, 9,193 cryptocurrencies exist and a wallet couldn't support all of them. Some of that coins are inactive, but if a coin is active, but don't support by a wallet, then how can I have it?
What you're going to do with inactive coins/projects? No activity means such projects are already dead.
So, there will be no point of worrying about them because such coins are already abandoned by its devs.

Do you know? Even dogecoin's core wallet is is not connecting to its nodes. I have been trying to sync my wallet for more than one month of time still I am unable to finish it up which blocks me to know from how much balance I'm having right now. Really annoying but what we could do except facing such situations.

Very rarely a dead cat bounce happens but that is not worth the risk. Most end up as bag holders if they buy in hopes of some mysterious price explosion.
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April 16, 2021, 10:37:20 AM
 #38

That coin is being traded at Uniswap (v2) and 1inch in SHIB -> ETH
It is being traded also as well in Hotbit and MXC to USDT equivalence though.

My resource: https://www.coingecko.com/en/coins/shiba-inu
Coingecko is one of your friends to look up for where the coins are being traded.
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April 16, 2021, 10:51:34 AM
Last edit: April 16, 2021, 11:17:18 AM by meldrio1
 #39

If the token is a ERC20 then do not worry you can have it in myetherwallet but if the token or a coin has own blockchain then you can check their website I'm sure there is web wallet or a software wallet for PC or android. About Shiba Inu, it is a ERC20 token and it's listed in some exchanges like hotbit, uniswap just check that coin in coingecko.

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April 16, 2021, 02:18:27 PM
 #40

different service from wallet provider or exchanger that users of traders and investors might wants to work with the offers of feature as available with their service to helps as transmitting token for exchange and trade with the broker that there might be differences among preparedness of developer.

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