So if you want to store all your crypto assets in a single place, that wouldn’t be possible. However, the wallet doesn’t have support for other coins. Also, the wallet allows you to connect with Blockchain apps and interact with the decentralized web.Īlong with that, it offers you extremely high security by locally storing your private keys, which are encrypted with your password. So managing your assets would be super easy. My Algo wallet also comes with an easy to use interface. All you have to do is hold your coin in your wallet, and earn passive income without you doing absolutely anything. For instance, ALGO’s stored in My Algo wallet will automatically earn staking rewards. The wallet also comes with some useful features. Instead, you can access the wallet through one of your internet browsers. It is a web-based wallet, which means it is a hot wallet, here there is no need for you to download any software or app on any of your devices. You can also organize and track all your Algorand wallet activities, manage your assets, and so on. Plus, it provides a simple yet secure way to send and receive ALGO and tokens. This one is an Algorand wallet that allows you to freely interact with the Algorand blockchain. For more information refer to the Knowledge Base and Bitfinex fees page.On our list, the first one is the My ALGO Wallet. Trading discounts are available for Digital Token-to-Digital Token pairs, Digital Token-to-stablecoin or/and Digital Token-to-Fiat from 15% to up to 25.000% + 6bps depending on the levels you are on. This means even holding at least an average of 1 Tether USDt LEO equivalent within the last 30 days, would qualify your account to a 15% discount off your taker trading fees for crypto-to-crypto and crypto-to-stable coins pairs. The levels will be based on the average amount of UNUS SED LEO tokens held in your account over the 30 days, along with the type of trade executed on the Bitfinex platform. Holding UNUS SED LEO tokens in your account can qualify you for one of three levels of taker fee discounts. Tips and Tricks for less fees on Bitfinex : If you have Algo or eGDL on your exchange, use that over LTC-If you find a better/cheaper method please tell me so I can update the guide! I picked LTC because it is known, fast and has far less fees then lets say ETH or BTC- Also because while Algo and eGLD would be ALOT cheaper, not all other exchanges have Algo and eGLD. Using fiat:please use the top method of how to buy planets easy and make sure you turn your fiat into crypto on a different exchange that you trust and has low fiat fees!!!! Just do that = deposit PLANETS from an Algo Wallet Just do that = withdraw PLANETS to an Algo Wallet (that has planets asset added) Where you can actually convert LTC ( or better Algo or eGLD) to fiat and withdraw Withdraw LTC ( or better Algo or eGLD) to your wallet or directly to an other exchange = Limit order trade USDT or anything else against LTC ( or better Algo or eGLD) Limit order trade LTC ( or better Algo or eGLD) against USDTĭeposit PLANETS from your Algo Wallet to BF Without Full KYC - Or to avoid insane fiat fees::: >important, ALWAYS add the asset planets first to an algo wallet before sending planets there!!!!<<<ĭeposit LTC ( or better Algo or eGLD) from your wallet or OTHER EXCHANGE to BitFinex => Bitfinex fees are 0% on crypto deposit - 0,2% on withdraw - 0,1% on limit order trade => all movements/transfer on Algorand Wallet only cost 0,001 Algo => tradingpairs on Bitfinex are USD an USDT => current coinvalue is easiest monitored via the Coingecko listing of PlanetWatch hence we gotta go a bit painfull routes to get what we want.Įven with full KYC the fiat deposit fees are from another world to be honest, last tiem I checked it was 5% on Creditcards, and while it is a lower % on sepa deposit, the minimum fees are like 50-60€ or something. Without full KYC lvl 4 ( which takes like 4-8 weeks ouch) you can't use fiat or stablecoins for withdraw or deposit. Mostly because the KYC on Bitfinex is overly complicated and takes ALOT of time. Alot might change especially if it hits a new exchange, I will try to keep it up to date!Last update on this guide was 19th September 2021Ĭurrently the only platform to trade is Bitfinex- and while it will work it is actually a bit inconveniant at this current time. This guide will focus on trading the PLANETS token, how to buy, how to sell and how to convert.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |