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Table of Contents How to use the Verse Burn Engine Triggering a Burn Contributing to the Burn Engine What is the Verse Burn Engine? What happens during a token burn? Is using the Burn Engine dangerous to my VERSE? Are there any rewards or incentives for participating in token burns? Where do the tokens come from that get burned? Can other projects contribute to the token burns on the Verse Burn Engine? Is there a minimum amount of VERSE tokens required to initiate a burn? Is there a fee associated with participating in token burns? How to use the Verse Burn EngineTriggering a BurnVisit the Verse Burn Engine。com Wallet app What are ERC20 tokens?ERC20 tokens are a specific type of cryptocurrency token that exists on the Ethereum blockchain。If the original transaction gets confirmed first, the replacement transaction will automatically be invalidated, and any additional funds allocated for the replacement's fee will be returned to your wallet。Tap "View transaction on the block explorer。Note that you will need some ETH in your wallet to cover the transaction fee。For email support, please reach out to [email protected]。Decide how much to supply by typing a number, or clicking the “MAX” button to supply all of the available asset。This means that we will be deprecating the old legacy Cordova app and it will officially no longer be supported。Discover how you can use your crypto as collateral to borrow additional cryptoassets。” If you are unfamiliar with those terms, you can read about it by tapping, “Reading more” beneath each category。The Bitcoin。If it's a shared wallet, you'll have the chance to review any transactions initiated before approving or declining。Cryptocurrency tradingA ledger of cryptocurrencies bought and sold, as well as a bank statement showing the profit made。com's website, you may have also have gone through a KYC process。iPhone: Open the menu > Settings > Bitcoin。Summary Using the automated cloud backup is the best choice for the vast majority of users, but there are reasons to stop using it。This address can be used to send/receive SBCH。However, Bitcoin。Remember though, when buying or selling crypto, network fees are a fact of life。If they can confirm that, please ask for a proof of payment — usually that’s a PDF and forward it to our Customer Support team。Are there any rewards or incentives for participating in token burns?You may be eligible for future rewards such as NFTs for initiating token burns。The Bitcoin。com’s ecosystem token VERSE and the Verse DEX。Step 8Select "Wallet type" Step 9Under "Recovery Phrase" enter your shared wallets 12 word recovery phrases and tap "IMPORT BCH WALLET"。Web3 use casesSome cryptocurrencies have utility in web3, which is the fast-growing next iteration of the internet that puts users in control。Where do the tokens come from that get burned?The Verse Burn Engine is gradually filled with VERSE tokens via the following supply reduction strategies: Buyback and Burn This source uses Bitcoin。How to find a cryptocurrency transactionSearching by the transaction listFrom the Bitcoin。Own your identity on Web3With NFT domains, your username is no longer tied to a single website or app, it’s yours to use everywhere you go。If enabled, this function protects your wallet by requesting your password, fingerprint, or facial ID each time you try to:Initiate or sign a transactionExport the walletAccess the backup phrase How to enable spending authenticationSpending authentication must be activated for each wallet separately。Pending transactions on EthereumPending transactions are those that haven’t yet been processed by the Ethereum network。com Wallet supported adding an additional password on your 12 word mnemonic。US dollars) and cryptocurrencies。com Wallet app), then selecting MoonPay balance as the payment option。On desktop Make sure your wallet is connected to the Verse DEX (verse。com Wallet app by tapping "CONNECT" in the Bitcoin。com Wallet app will attempt to broadcast the replacement transaction with the higher fee, effectively speeding up your transaction。com, the Verse Ecosystem Fund or a combination of all three。When you display your Bitcoin Cash (BCH) address in the Bitcoin。How does Verse Explorer work?Tap on “Verse Explorer” from the top-right corner of the app’s home screenExplore the Verse EcosystemSelect a web3 feature and connect your wallet by tapping “Connect Wallet”Follow the on-screen instructions to connect your walletWhat are the web3 features available in Verse Explorer?You will have access to the standard Verse DEX features such as Swaps, Farms, and Staking, as well as any web3 features in the Bitcoin。tablets, smartphones)。BNB Smart Chain doesn't have inflation (no new BNB is being minted), so validators don't receive a block reward; only the transaction fees。com Wallet app and tap the camera icon in the top-right corner of the home screen。Fees for transacting on the Polygon networkSummary Transactions on Polygon incur fees that are paid to the network in MATIC。com Wallet app here, or on the web here。Please keep trying all the passwords you have available to you, as password recovery is impossible on our end。I participated in the Verse token sale。If you're in a rush, or if after a day, your transaction still hasn't confirmed, you can:Resubmit the same transaction with a higher fee, or:Cancel the current transaction。See if there have been any announcements about recent hacks or other problems。How long will my transaction be listed as pending?In the vast majority of cases, the longest your transaction will remain listed as pending is about 10 minutes。The app will be downloaded to your device and, when customers are ready to pay, you’ll simply enter the amount owed (in your local currency) on the app。With the cloud backup, you create a single custom password that decrypts a file stored in your Google Drive or Apple iCloud。com Wallet app: Download the appStep-by-step instructions for sending cryptocurrencyFrom the app's home screen, tap the "Send" button in the toolbar at the top。Paste the recipient’s wallet address into the Bitcoin address field。Recommended action: Keep a balance of at least 20% more than the amount you are trying to purchase。com Wallet app FAQ pages useful。Within a category they offer different specific instances。How long does it take to receive my withdrawal?Our withdrawals are usually received within a few minutes。The latter will boost acquisition and retention by supporting and guiding users in their journey from Bitcoin newcomers to power users who can benefit from the full range of decentralized finance opportunities available。com's Verse DEX。Note that connections to hardware wallets are currently only supported in the browser extension version of Metamask (ie。Utility Tokens: These tokens provide access to a product or service within a dApp。Confirm everything looks good and that’s it。Speculation: Many people buy Bitcoin with the hope that its value will increase。There are two ways to invite participants: Ask them to scan the shared wallet’s QR code。You’re done! You’ll receive the swapped asset in your Bitcoin。In the last article, we learned how to swap between hundreds of cryptocurrencies in just a few taps。At the time of writing it was about 20 minutes。SummaryThe Bitcoin。Bitcoin (BTC) can usually be recovered from a Bitcoin Cash (BCH) address (or vice-versa) but this can only be done from the receiver's end。Select the asset you want to purchase; in this case Bitcoin (BTC)。com Wallet app are eligible。As a self-custodial DApp, Verse Scratcher is powered by specific smart contracts, which can be found here。com Wallet app constantly monitors the market rate for gas, as well as the current base fee cost, to arrive at the optimal price for each preset mode。Note that you will need some ETH remaining in your wallet to cover the transaction fee。The wallet address you provide will be used as the return address in the (very unlikely) event the transaction doesn't go through。Google the project with keywords such as, “scam” or “hack。Summary When you purchase Bitcoin or another cryptocurrency in the Bitcoin。Please always double check that the reference is included and correct before sending funds。Bitcoin (BTC) and Bitcoin Cash (BCH) are two entirely separate cryptocurrencies and they operate on two entirely separate blockchains。Transaction complexity is measured by computational effort, which is delineated in units of "gas。Here's how to set customized fees in your wallet: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left。Note that you should choose the wallet that holds the asset(s) you want to swap。Choose from one of the three following options:'Eco' means you'll pay a lower fee, but your transaction will take longer*'Fast' strikes the optimal balance between cost and speed'Fastest' optimizes for speed over costRead more about fees for sending cryptocurrencies here。” What to do if you are having trouble connecting to a DApp using WalletConnectThe WalletConnect protocol is in the process of transitioning from V1 to V2。Anyone who holds at least 1 million VERSE can join Verse Lounge。For example, with Bitcoin Cash (BCH), the money will be with you in a few seconds。If you’re using ETH as the starting token and you choose to deposit all of your ETH into the liquidity pool, Verse DEX will automatically leave enough ETH in your wallet to complete the transactions。Try a card from a different bank。* Fast → strikes the optimal balance between cost and speed。Assuming the gas limit and gas price you've set for your transaction is sufficient, it will eventually be added to the blockchain by a miner, at which point the screen will auto-refresh with your status updated to "Success" and show the number of block confirmations:。Type in the recovery phrase for the same wallet you used in the Verse token sale 6。It’s a 2-step process to yield farm on Verse DEX。com Wallet app! If you have any trouble at all, please feel free to send us a message by clicking the chat icon on the bottom right part corner or sending us an email at [email protected]。com's first airdrop of VERSE tokens went live on August 1, 2024。Lend or borrow: Learn how to lend your cryptoassets to earn yield or as collateral with this article。com Wallet, or select the Bitcoin。com Wallet App on your phone device。Notice that each available asset has a different APY。Step 4:Please take a note Wallet Configuration (m-n): 1-1 stands for a regular wallet。How long does it take to receive cash after selling my Bitcoin and cryptocurrency via MoonPay?MoonPay partners with local payment networks worldwide, so delivery times vary depending on the local currency you choose to receive