October 23, 2024
<aside> 🚦 This guide is for people new to crypto. If you know what you’re doing or have experience with crypto, this is all you need to know: Have USDT SOL in your own wallet (we recommend and help with Exodus but you can use any wallet if you know what you're doing) and send USDT SOL to the GB address.
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<aside> đź“Ś We suggest always sending payment to a wallet like Exodus first, which protects both you and the server more than sending directly from an exchange. Using a wallet like Exodus is more secure and gives you full control over your funds.
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The USDT options (Tron and Solana network) have fast near instant transactions, less than $1 fees, and stable coins have no price fluctuations. Since each send with USDT SOL is less then $1 (about $0.01) $20 in SOL will last a LONG time!
We suggest buying all SOL (only the 1st time if you don't already have SOL) and then swapping most of it for USDT-SOL. If you already have SOL, you can buy USDT SOL directly.
If you already have USDT-TRC20 and TRX, great! You’re all set - when you no longer have USDT on TRON network, come back here for SOL.
1) Install Exodus wallet & set up a back up and recovery phrase 2) Buy SOL coin 3) Swap SOL for USDT SOL 4) send USDT SOL to GB wallet
<aside> 🚦 HOW MUCH CRYPTO SHOULD I BUY? The general idea is to leave wide margins and not try to cut things close and barely funded, that will only lead to frustration and extra fees.
For stable coins like USDT, you will spend the least on fees buying enough for a few gbs up front instead of just enough for a kit/bundle each time. This way, you will only pay fees once and be prepared for future buys.
For coins like BTC (or SOL, TRX) where the value fluctuates, we do not suggest buying a large amount and holding a balance in your wallet. BTC can be very volatile, so you don’t want to buy a large amount if you are not prepared for potential loss.
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https://www.notion.so/factorygirl202/Crypto-Basics-Glossary-90e938923d734033aa6043a592243674?pvs=4
<aside> ⚠️ UPDATE: We no longer recommend KRAKEN, due to recent member account closures. We advise members to send any balance to EXODUS. Kraken is not unsafe - but the unpredictability of account closures is why we no longer recommend. You can see how to send your Kraken balance to Exodus under the Kraken page.
If your account is closed, you WILL be able to withdraw all your funds! Funds are typically returned to your account within 2-3 days after speaking with customer support.
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