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For example, many platforms offer some form of protocol protection, but one platform might not cover a specific DApp you use。Why do we use pre-authorizations?A pre-authorization confirms your payment method is valid, operational, and that there are enough funds to cover the cost of the transaction。There are two situations where you will need MATIC to pay for gas fees when using Verse Scratcher: When purchasing a Verse Scratcher Ticket。However, by topping up your MoonPay Balance, you aren’t actually purchasing cryptocurrency。com’s rewards and utility token。For this, we recommend interacting with the Verse DEX via MetaMask。": - Enter a wallet name or use the default。Utility Tokens: These tokens provide access to a product or service within a dApp。Select "View transaction on block explorer。On the card, the first six and last four digits of the card number should be visible, while the middle digits should be hidden。We’ll walk you through them below。Can I still be verified? Why do I need to verify my identity?Identity verification is required in order to remain compliant with Anti-Money Laundering (AML), countering the financing of terrorism (CFT) and Know Your Customer (KYC) regulations internationally。If you lose access to your device, you can reinstall the Wallet app on a new device, enter your password, and you'll again have access to all of your cryptoassets。Enter your 12-word recovery phrase and press “Import wallet”。How does Verse Scratch work technically?Verse Scratcher uses Chainlink VRF (Verifiable Random Function) technology to ensure that the results are provably fair and transparent。Here's what a typical Ethereum address looks like:0xab41b92c6d43f4b7a670b65479f5bb809646602e You can copy your address to your clipboard and provide it to the sender by email, messaging app, SMS, etc。Tap on a wallet to see its contents。What’s a DApp?A growing number of applications are being created using smart contracts deployed on the Ethereum network。You will also need to complete a one-time identity-verification check。Table of ContentsHow do I earn and claim rewards?How do I link my rewards wallet?When can rewards be claimed?What is VERSE?What can VERSE be used for? How do I earn and claim rewards?Start by accessing Verse Rewards Center from Home > Rewards。If the user doesn’t remember their password they may be able to recover their funds using the local xpriv。Scroll down and tap ADD/IMPORT, the select +IMPORT WALLETSelect Bitcoin Cash (BCH) as the wallet type to import, then enter your Bitcoin (BTC) wallet's 12-word recovery phrase and press “IMPORT BTC WALLET”。This makes them a great way to introduce cryptocurrency to friends a family。The wallet address you provide will be used as the return address in the (very unlikely) event the transaction doesn't go through。Bitcoin operates on a peer-to-peer (P2P) network, meaning transactions happen directly between you and the recipient without any third-party involvement。In the Bitcoin。If the transaction has been sent then please read below。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。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。🔍Note that if you choose the 'Eco' option or manually customize the network fee to a level that is too low, there's a small chance your transaction will be canceled due to network congestion。If relevant, select the Wallet type (Personal wallet or Shared Wallet。Select the asset you wish to receive from the list of available assets。Tokens purchased in Sale B (which includes the public sale) unlock linearly over 18 months starting from the token generation event。In those cases, you may want to swap into a USD “stablecoin” like USDC or USDT。Verse DEX charges 0。Here are some things you can do within DeFi that might be worth getting insurance for: Trade derivatives: Read our guide on how to use derivatives in DeFi。Tap the up/down arrows next to the amount to toggle between modes。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。What is the APY for my Bitcoin rewards?The Bitcoin rewards rate is variable, and will fluctuate depending on the amount of VERSE deposited in the pool。Enter BTC/BCH wallet address 3。Web3 use casesSome cryptocurrencies have utility in web3, which is the fast-growing next iteration of the internet that puts users in control。Deposit those LP tokens into a farm on Verse DEX。You can also directly interact with Decentralized Apps(DApps) on the Polygon network using the Bitcoin。Whenever you wish, you can bridge back over to the Ethereum mainnet。Scroll down and tap Safari, then tap on AdvancedTap on Website Data, then tap on the Edit option in the top right corner。Estimated confirmation time: less than 30 seconds。Every new block added after your transaction gives another confirmation。You can choose from any of the apps on your phone。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。comLog in with your registered email and verification codeTap “Activate my Physical Card” and follow the on-screen instructions How do I top up my card? Visit card。An “Open with” menu will pop up, tap the Bitcoin。Select Verse DEX then follow the onscreen instructions to connect and use the DEX。How do I verify my identity?When you initiate a purchase of cryptocurrency, you'll be asked to verify your identity。One unit of gas is equal to 0。The second will have nonce of 1, and so on。This means that, as long as a previously submitted transaction remains pending (for whatever reason), even if you submit another transaction with a higher fee, that transaction can't go through until your previously submitted transaction is successfully processed。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 cost Manually customizing fees when using the Avalanche network in the Bitcoin。For an in-depth explanation of yield farming, please read the following article: What is yield farming? This article focuses on yield farming by providing liquidity through Verse Farms。Select the wallet address you’d like to receive your Bitcoin or cryptocurrency in。This will take you to your inbox, where you can see a list of recent transactions。Why is ETH in the Bitcoin。Before borrowing anything, please read the Loan-To-Value and Health factor sections below。Perpetual derivatives trading consists of either going long or short an underlying asset。You can either: Sign a message from the affected address and submit through the Nexus interface as your proof of loss。Select “Show QR code”Open your Bitcoin。com/onramper/。If you have any questions and are using the Bitcoin。If so, add the following RPC details in your wallet:Network Name: VERSE private RPC New RPC URL: https://eth。Royalty fee: These fees are paid to NFT creators for secondary sales。Asset Tokens: They can represent ownership in an underlying asset such as real estate or stocks。Fees: As a result, sending transactions from SegWit addresses usually incurs lower fees compared to Legacy addresses。* In all cases, estimates are for normal network congestion conditions。Approve the transactions and you are done!Option 2: Using Verse DEX via WalletConnectIn your mobile browser, head over to https://verse。Backing up your Wallet just means you're creating a backup key and storing it outside of your phone。Further, for each digital asset, you can create as many wallets as you want。Aave will calculate an estimate for your gas cost。Do I need a web3 wallet to perform cross-chain swaps?Yes, you need a web3 wallet to connect and initiate cross-chain swaps on Verse DEX。We want to give our spouse access to our crypto, so we want to make a “1 of 2” wallet。The final step is to slide the bar to complete the send。You can speed up pending transactions by replacing them with a new transaction with a higher fee。What are Crypto-Friendly Banks?AustraliaCanadaFranceGermanyItalyUKUSA What are Crypto-Friendly Banks?Crypto-friendly banks are progressive financial institutions that support cryptocurrency transactions。com’s decentralized exchange Verse DEX, your staking rewards compound automatically。Summary If you mistakenly sent an asset to the wrong Ethereum Virtual Machine (EVM)-compatible chain, your asset is not lost。If you have backed up your wallet on the cloud prior to the October security update, we have released a new function to repair the wallet。We can resolve this by sending smaller transactions to a secondary wallet。Verse DEX will automatically convert half of that token to the other token in the pair, then deposit both into the pool。Tap Sign to sign the transaction5。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。In the Bitcoin。com Wallet app。Reward Points or Loyalty Tokens: They can be used within a community or platform to reward users or provide incentives。com wallets you’d like to connect to the DEX with。Enter the amount you'd like to purchase。" Take note of the 'nonce。Gas fees vary depending on network traffic。Earning Bitcoin with VERSE on EthereumFollow the below instructions if you are holding VERSE on Ethereum。They are more transparent because assessments are done on-chain by members of the DeFi insurance protocol。Select the cryptocurrency you wish to buy and enter the amount you want to spend。Table of contentsBitcoin。Once your order has been processed, your purchased cryptocurrency will be sent to your self-custody wallet, where you will have full control of it