Is nobody concerned about putting your SS# out there in the crypto exchange world? People sell your SS# on the black markets paid for with ..... crypto! Seriously though. SS# was supposed to be the never tell anyone number.
crypto for idiots (aka me) lol
- Thread starter skbioglow
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Not to be daft but does this include using a debit card in say AppleXO or Moonpay?ZippityDooDah said:
How do I find out what the fees/charges are for an exchange? Do people usually put more in the wallet than what their planning to pay for the peptides+shipping to cover those costs?
One of the most established websites you can use is Coinbase. You can buy a multitude of coins there and send them wherever you please.skbioglow said:
I'm new to the peptide scene but I've been into crypto since 2015. Fortunately I had a leg up in that regard when coming into this space.
I was seriously struggling, I tried coinbase. Love it, made it crazy simple
You got a vendor to accept that?Wardor said:
I remember seeing someone say don’t do BASE bc no one uses it.
Little late on this Wally but over the last decade just about every single persons Social Security number has been exposed in every major data breach. So unless you've never entered it on any website ever (loans,cellphones, etc.) it is out there.Wallydog said:
Social Security numbers are now just like any former address. Public information at this point. Lock your credit at every agency.
After reading a few "how to use crypto" guides and posts and consulting with Gemini Pro, I got Coinbase on my phone and bought BTC. Then, after downloading Exodus, I transferred my BTC to my Exodus account and from there, will pay the vendor. Something about Exodus being 'the man in the middle' seems slightly less terrifying. I sure as hell hope I got it all right.
What’s everyone’s opinion about reporting these transactions? There’s no question you are legally required to report this to the IRS, even if buying and immediately transferring to a vendor, but is the IRS going to know? If they audit you they would, but that doesn’t seem very likely. Maybe it depends on how much you buy and sell in the year? I get it if peptides are your business and you’re spending $50K-$100K, but for those of us in the $2K-$3K range? Important?
I just figured out how to make a purchase with crypto and hit some roadblocks along the way.Gr33dyOctopus said:
You're going to need:
A funding source (Bank, debit or credit card, PayPal)
A wallet
Do you have an Exodus wallet? If not, go and download it.
I also downloaded Kraken to move money from my source to Exodus without doing so directly. Don't bother. Exodus has within it connections to tools you can use to take the money from your funding source to your wallet.
Exodus is like the ATM at some random store. You can get your money out of it and you pay the owner of the machine a fee. Same thing here.
I recommend making sure to conceptually understand the process and the connection points before touching your money. It's easy to make a mistake as a new user and there's no recourse if we do. We also don't need to do all steps in one sitting if it suddenly gets confusing or something isn't working as intended or expected. It took me several days to get through my first purchase. When I finally placed my order, it went through exactly as expected with zero need to send a ticket to PGB.
You can do this, @Gr33dyOctopus !!
I love this!!Sasquatch said:
I think I posted this in the wrong thread. If you have read it before, I apologize in advance.
After reading many posts, I have decided to enter the world of crypto for the first time. What are the pros and cons of paying a vendor in USDT via the TRON (TRC-20) network in the following way:
1) Open a Kraken account
2) Link a credit union account and do an ACH transfer of the desired amount to Kraken
3) Buy USDT in Kraken
4) Withdraw USDT from Kraken and send to a TronLink wallet address using TRC-20
5) Send vendor payment from TronLink wallet
TIA for any and all advice and comments.
After reading many posts, I have decided to enter the world of crypto for the first time. What are the pros and cons of paying a vendor in USDT via the TRON (TRC-20) network in the following way:
1) Open a Kraken account
2) Link a credit union account and do an ACH transfer of the desired amount to Kraken
3) Buy USDT in Kraken
4) Withdraw USDT from Kraken and send to a TronLink wallet address using TRC-20
5) Send vendor payment from TronLink wallet
TIA for any and all advice and comments.
Kraken has a 7 day hold on funds from bank account.
I think Tron is the more expensive way to go as opposed to sol or eth. But check that with others, I could easily be wrong.
I think Tron is the more expensive way to go as opposed to sol or eth. But check that with others, I could easily be wrong.
I feel like I must be doing something wrong it was so simple. I installed MoonPay on my phone, I bought USDC with my CC and then I paid the vendor with the USDC. Done it twice now.
I feel like I am doing less steps then many are describing here. Please let me know if I am missing something?
I feel like I am doing less steps then many are describing here. Please let me know if I am missing something?
| Kraken has a 7 day hold on funds from back account.
Forgive my ignorance, but what do you mean by "back account"? Or is that ba n k account? I am so new to crypto, to me it could be either.
Forgive my ignorance, but what do you mean by "back account"? Or is that ba n k account? I am so new to crypto, to me it could be either.
I was told to buy then hold in a 3rd party app (wallet) so there isn't a direct connection between the funding source and the recipient of the crypto. Apparently, buying research products is not white hat.AcadiaPeptides said:
Typo on my part. BANK not back. My apologies.attcbf said:| Kraken has a 7 day hold on funds from back account.
Forgive my ignorance, but what do you mean by "back account"? Or is that ba n k account? I am so new to crypto, to me it could be either.
I'm usually the new kid trying to figure out if I just don't understand or if someone is saying something completely nonsensical.
I went back and fixed it. Thanks for the catch!
Seconding @attcbf ‘s question. How long ago did you do this, and did your CC charge you extra? I was seeing that it would’ve been considered a cash advance, which has much higher interest rates that apply IMMEDIATELYAcadiaPeptides said:
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