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Table of contents The Basics of Insurance in DeFi Introduction to Nexus Mutual Key Terms Relating to Insurance in DeFi How to Buy Crypto Insurance How to Make a Claim on your Crypto Insurance Policy The Basics of Insurance in DeFiBlockchain increases efficiency by reducing the high costs and long processing times associated with traditional insurance companies。How to swap between cryptocurrencies in the Bitcoin。Let’s look at some different scenarios with various leverage: Amount bought in USDLeverageLiquidation price in USD100010x18,6005005x16,6002002x10,6001001x600How about returns? Imagine Bitcoin appreciates in price 10% to 22,000 USD。Note: To swap BCH (Bitcoin Cash) for BTC (Bitcoin) or other cryptocurrencies, use the Swap tool in the Bitcoin。The LTV can change over time, but let’s imagine it has an LTV=75%。com Wallet appAdvanced users may also choose to manually customize fees: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left In the network fee settings menu, select "Custom fee options。In addition to that bonus being applied to your Verse Clicker Lunar New Year Contest you will of course retain possession of your Lunar New Year Scratcher scratch & win prize。Next select the Custom token tab。Thanks to the Single Asset LP Deposit feature, you can: Specify an amount of your ETH to use。Select “Market Order。" Send us a message, and we’ll be happy to assist you。6)EEA Consumption Fee€0 Top-up / Recharge Fee:Top-up / Recharge Fee2%Minimum Top-up / Recharge Amount€5 Other Fees:ATM Balance Inquiry Fee€0。The complexity of the transaction。We are going to talk below about setting up the shared wallet, so let’s assume you and your parents have successfully created the shared wallet。Step-by-step instructions to receive Ethereum (ETH)To receive ETH, simply provide the sender with your Ethereum address。What can I do if my Bitcoin transaction is stuck?If the network is very congested or if you've set a fee that is too low, there's a small chance your transaction will be stuck。It is a way to calculate interest earned on an investment that includes the effects of compound interest。⚠️ WARNING ⚠️Bitcoin。Read the next article in the series: Bitcoin。Note the transaction status (eg。finance/ and selecting “my stats” in the menu at the top-right。Provide this address to the sending party, or if you’re in person, the sender can simply scan your wallet QR code with their device。Total fees are calculated as follows:Gas units consumed x Current Gas Price Let’s look at an example where Alice sends Bob 1 BNB。com/Choose WalletConnect as the connection method, and select Bitcoin。If you don’t meet the requirements, you can purchase or swap into VERSE in the Bitcoin。com/farms for the reward distribution rate。At the bottom of the page, tap the “ADD/IMPORT” button。When entering your phrase, all words must be lowercaseStep 4: Finish upOnce you have entered all 12 words correctly, tap import。SummaryIf you are in a supported region (see below for the list), you can sell Bitcoin and cryptocurrency for cash via MoonPay using the Bitcoin。This will autofill the send field for the sender。com/get-started/what-is-verse/ How to use the Bitcoin。​So why do people still provide liquidity to DEXs if they’re exposed to potential losses? It’s because the yield that is paid out to liquidity providers has the potential to more than offset the risks associated with IL。The Bitcoin。If the recipient already has the Bitcoin。Once we have configured our backend to retrieve prices for your token, we will notify you to perform the next step。Business and Personal Use: Similar to traditional bank accounts, some users might use separate wallets for their personal and business-related transactions。After you have read carefully, click the box indicating you have read the terms and conditions。This is done using a payment gateway which you’ll add to your website。com Wallet app, tap on the "Funds" icon at the bottom of the screen。Why is ETH in the Bitcoin。com Wallet app or via our website it typically takes between 30 minutes to 2 hours for the funds to arrive in your wallet。Under the “Quote details,” choose the period of time you want cover, and the amount of protection you need。You can check gas rates using a tool like https://ethgasstation。” After that you can also click, “Disconnect from Drive,” to make sure the Bitcoin。In the last article, we learned about the concept of wallets, how to create them in the app, and what you can do with them。Confirm the transaction and you're done! You will receive liquidity pool (LP) tokens (eg。You will be asked to slide the arrow to confirm:。Web3 applications are in the process of building up those protective services。You may be able to increase your daily/weekly limit。This will open up a list of all available markets。Scroll to find the website URL you wish to hard refresh and tap on it。com/Verse ecosystem, so it is imperative that Verse DEX offer a best-in-class decentralized trading experience。Keep an eye on official communications for updates。For smaller transactions, one or two confirmations might be enough。Most of the 0。These LP tokens are like a receipt for your deposit; they represent your proportional ownership of the liquidity pool。What happens during a token burn?When you trigger a token burn, the VERSE token you have sent to trigger the burn — together with any tokens already in the Verse Burn Engine smart contract — are permanently removed from circulation, reducing the total supply of VERSE forever。If you use these assets as collateral and the value of those assets rapidly depreciates, you can be liquidated before you can add more collateral。Return to Aave and wait for the transaction to finalize。Step-by-step instructions for withdrawing your staked USDCFrom the app’s home screen, scroll down and select “Earn。If the funds have not been claimed you will be asked if you would like to reclaim the fundsFunds will be reclaimed after clicking the Reclaim buttonBy reclaiming your funds, the original recipient of the link will be notified that the funds have already been claimed。You can input the amount in local currency terms or digital asset terms。com Wallet app, your backup file will automatically sync。com is committed to providing safe and user-friendly access to the growing array of use cases and applications in the crypto world, and many of those are built and deployed on the Ethereum network。When you withdraw from the staking smart contact, which you can do instantly and without penalty at anytime, you will receive all of the VERSE you had deposited, plus your Bitcoin rewards。After it's fully synced, you can perform a send transaction16。How to close a position on dYdXPress the hamburger menu button in the bottom left corner。com Wallet appUse the multichain Bitcoin。On the other hand, if you are interested in staking your VERSE tokens for yield (when staking is live), it might make sense to claim more than once so you can start staking sooner。For most people, the best way to manually back up a wallet is to write down the wallet's recovery phrase (also known as a seed phrase) on a piece of paper and store that paper somewhere safe。When this block is added to the blockchain, the transaction gets its first confirmation。Select the Bitcoin wallet you'd like to receive your purchased Bitcoin in (eg。” Purchasing a protocol cover policy for a specific protocol protects against losing assets held on that platform。Keep in mind that this option varies depending on the cryptocurrency you are purchasing。How to list your ERC-20 token on Verse DEXThe listing process involves two steps: Submit a request to us to our Business Development team here。Cloud BackupIf you backed up your Wallet using the cloud option, you just need to sign in to your Google or Apple account and enter the master password you created when you backed up your Wallet:Reinstall the appFrom the home screen, tap on Settings in the bottom-right cornerSign in with Google or AppleEnter the master password you created when you backed up your WalletThis will restore access to all of your wallets and digital assets in the Bitcoin。When claiming your prize。If you're in person, select "Scan QR code" and scan it with your app。Both of these fees are influenced by market forces, meaning the cost goes up when the network is congested。We will initially provide a temporary workaround as follows。This setup puts you in complete control of your funds and transactions。How to cancel/reclaim a shared linkEither tap on the link in the chat you sent it in or navigate to the transaction in your wallet's transaction history and select "Check status" > "Reclaim funds。If you choose ‘Manual bank transfer’, we’ll show you how to make a bank transfer to MoonPay Balance。Please see “How to override or cancel a pending BNB Smart Chain transaction” below for instructions on how to do that。The fees are considered a form of compensation for the utility the liquidity pool provides, which is to enable users to trade between the assets in the pool。Select one of the new blockchains。You can paste the address into the field at the top, scan a QR code, or select from one of your own wallets。Tap or click the link。Custody crypto: While it isn’t recommended to keep cryptocurrency or digital assets on centralized exchanges due to insolvency risks, if you must do so, it is wise to get insurance protection。Accepting cryptocurrencies for e-commerceWhen your customers come to checkout on your e-commerce website, you can give them the option to pay with crypto。Do I need to pay for gas?Yes, users still need ETH in the wallet to pay for gas。Input the correct number of multi-sig copayers。com Wallet, then approve the transaction。Market Liquidity: In a market with low liquidity, even small trades can have a significant impact on the price。com or, for step-by-step instructions, including how to use the Verse DEX with the self-custodial Bitcoin。In the last article, we looked at the 4 default assets every Bitcoin。As part of our ongoing commitment to maintaining a safe and secure platform, we require users to complete a Know Your Customer (KYC) verification process。Bitcoin) and amount (eg。Summary Verse Staking is a mechanism to reward long-term holders of Bitcoin。The Importance of Waiting for ConfirmationWhen receiving cryptocurrency, it is crucial to wait until the transaction is no longer pending and has been confirmed on the blockchain