Exodus that simple?

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PackmanJohnny said:
Ive seen a lot of warnings against sending payments from the same wallet you acquire the crypto from. dont believe you have to report payments as much as you do acquisitions, could be wrong.
Not with exodus.... Google it. You skip the 2 and 3 hops to different wallets. Ur not.followed cuz it's urs. Coinbase and others have no say it wasn't purchased through them.
 
nonyabizznez said:
Gains/Losses (more like gambling or eBay sales. Personal use peptides aren't gonna get you there)

Sounds like you created some Crypto "Dust"!

If you have PayPal linked to your bank account buying and transferring PYUsd to your Exodus wallet is almost instant. Coinbase will speed up with time and familiarity (whitelisting) but steer clear of their proprietary "Base" network! It's like peeling a "Chiquita' sticker off a banana and trying to reuse it as a postage stamp. No Bueno!
THANKS!
 
Airborne Daddy said:
I'll DM you my crypto addresses and you can send various mystery amounts to my wallet. I'll report those amounts to you and you can match them against what you sent to insure you're doing it correctly. Unlike banking ACH verification done in cents let's use whole dollars in the hundreds. Lemme know when you're ready... Practice makes perfect!
 
m100568 said:
If you are in the US are you reporting details of every transaction on your tax return? You are supposed to. That is what is deterring me.
Sure, along with never speeding, swearing, ordering peptides from overseas, lol
 
nonyabizznez said:
I'll DM you my crypto addresses and you can send various mystery amounts to my wallet. I'll report those amounts to you and you can match them against what you sent to insure you're doing it correctly. Unlike banking ACH verification done in cents let's use whole dollars in the hundreds. Lemme know when you're ready... Practice makes perfect!
Best I can do is two 3dollar transactions.... btc and usdt....
 
Airborne Daddy said:
I downloaded the exodus app, verified my ID, added a card and bought 25.00 of BTC.... let's assume it was 400.00.... I can literally now send this to a vendor through send option? Still have to learn about payment addresses but is this the basic idea? This was easier than PayPal or Wise transfer....

GLP1Pharmacist said:
Sure, along with never speeding, swearing, ordering peptides from overseas, lol
Don't forget the 600 a year you spend at IndiaMart.... I report that as feed the children expense.
 
Airborne Daddy said:
Thanks brother! I fuckin knew it wasn't as simple as I thought. I'll keep studying.
You're welcome bro! 😊

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Garbo said:
🤯 These two posts are making me feel like one of those people who've been in a long coma and then suddenly wake up and can speak fluent French
😂 me too!
 
To @peptideusername and everyone else:

With the Exodus wallet, I'm trying to send USDT using the Solana network, but the only network options available are Ethereum and Tron. Do you use a different wallet instead?
 
Calm Logic said:
Found the answer. I needed to change the settings in Assets :

View attachment 7669

So I enabled SOL as an asset/network for USDT. I disabled the other networks for USDT to make things more foolproof.
I have more stupid questions:

Is USDT on SOL different from USDT on ETH or TRON? am I just picking a network to move the coin on or do i need to pick a lane when purchasing and stick t it all the way through?
 
Yes. Choose the same lane/network when purchasing or you will have to swap.
 
PackmanJohnny said:
I have more stupid questions:

Is USDT on SOL different from USDT on ETH or TRON? am I just picking a network to move the coin on or do i need to pick a lane when purchasing and stick t it all the way through?
Not a stupid question! I was learning all of this in the last couple of weeks. Best to stick with one for now or else you will continue losing $ in fees every time you swap. I just kept googling until I was able to put it all together in my brain, LOL I wish it was as simple as gathering all of the change in my pockets together for a grand total!
 
PackmanJohnny said:
I have more stupid questions:

Is USDT on SOL different from USDT on ETH or TRON? am I just picking a network to move the coin on or do i need to pick a lane when purchasing and stick t it all the way through?
Adding to what others have said.

It's best to think of USDT-sol, USDT-erc20 (ETH), and USDT-trc20 (Tron) as completely different things.

For example, it's easier and cheaper to change USDT-sol into SOL than it is to change it into USDT-erc20.
 
Someone needs to create an app called COBOL Crypto to make crypto even more "interesting," with a text-only interface for COBOL commands. And you can only type in the wallet address, in binary, so it is even longer as just ones and zeros. I would order a lot less often and save money 😀

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zpped said:
Adding to what others have said.

It's best to think of USDT-sol, USDT-erc20 (ETH), and USDT-trc20 (Tron) as completely different things.

For example, it's easier and cheaper to change USDT-sol into SOL than it is to change it into USDT-erc20.
So it looks like the only Tether you buy on Coinbase is all ERC(ETH)

now all I gotta do is get Coinbase to let go of the hold they have on my $ SMH
 
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