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Table of contents The Basics of Insurance in DeFi Introduction to Nexus Mutual Key Terms Relating to Insurance in DeFi How to Buy Crypto Insurance How to Make a Claim on your Crypto Insurance Policy The Basics of Insurance in DeFiBlockchain increases efficiency by reducing the high costs and long processing times associated with traditional insurance companies。Backing up your Wallet just means you're creating a backup key and storing it outside of your phone。com ecosystem, VERSE supercharges Bitcoin。com Wallet app and on Bitcoin。You also have the option to manually customize the network fee, choosing exactly the satoshi/byte rate you prefer。com Wallet, please see this guide。com Wallet app to use for business transactions。Searching by wallet addressYou can also enter any Bitcoin, Bitcoin Cash, Ethereum, wallet address into our block explorer。" Send us a message, and we’ll be happy to assist you。com Wallet - Connect to a DApp: Discover how to unlock access to thousands of decentralized applications from the Bitcoin。Find a list of the top Bitcoin transaction accelerators here。The following table outlines maximum amounts for the most popular cryptocurrencies。com's decentralized exchange Verse DEXConnect。com) (see above for how to connect)。When your transaction is pending, you have three options: Wait longer。How to protect yourself from slippageCheck market depth to ensure there’s enough liquidity for your tradeIn the Analytics section, check the liquidity for the pool you’d like to trade。For a simple example of a DApp, imagine a dice game。What happens if I don’t upgrade? You will continue to have access to the Bitcoin。Note that connections to hardware wallets are currently only supported in the browser extension version of Metamask (ie。In this article, you will learn about wallets and be guided through the process of creating new wallets or importing wallets。com Wallet maintains the highest level of security possible。com's ETH staking pool。”Locate, “Bitcoin。Please see this article for more details。Enter the asset type (BTC or BCH)。Follow the on-screen instructions to complete the transaction。Receive ETH, Receive MATIC)。" You’re done!How can you use Polygon?Anyone can buy, sell, send, receive, and hold $MATIC in the Bitcoin。com Wallet, you can customize the fee you pay to the Ethereum network。And that's it! Now you can send and receive crypto via any messaging app。Press the “Swap” icon: This will open up a Swap view。Connect your Bitcoin。"View the Updated IconClose the app and reopen it to see the updated icon on your device。This immutability is one of the fundamental features of Bitcoin and many other cryptocurrencies。Complete the Know-your Customer (KYC) process by providing the requested identity document and performing a liveness check。Start trading derivatives with Bitcoin。Both of these fees are influenced by market forces, meaning the cost goes up when the network is congested。How to check Bitcoin's current priceYou can monitor Bitcoin's real-time price and other cryptocurrencies on our Markets page here。Protocol: DeFi protocols are DApps that enable some kind of financial activity, such as swapping, lending, trading derivatives, and buying NFTs。Never Share: Do not share your 12-word recovery phrase or any QR code containing it with anyone, to protect your funds。Read more: Why is my Ethereum transaction pending and what can I do about it? Ethereum fees in detailThe cost you pay for a transaction on the Ethereum network is two-fold。com Wallet app。Above the blue button at the bottom of the screen you can choose to let dYdX remember you by tapping a toggle button。com Wallet app to confirm the connection。Common bank transfer related transaction failed reasons“Transaction Limit Exceeded: We're sorry, but this transaction exceeds your remaining daily limit of $0。” Then tap the “Connect,” button at the bottom。Be sure to set your new gas price so that, given the current market rate, your transaction will confirm within a reasonable amount of time。com Wallet appYou cannot transfer local currencies like dollars or euros from your bank into the Bitcoin。" For example, sending ETH from one wallet to another (one of the simplest transactions you can make), may consume up to 21,000 units of gas。You may need to restore your BTC, BCH, ETH, AVAX-C, POLY, and BSC wallets individually unless they were created from the same backup phrase How to Restore Your Wallet Using iCloud BackupIf you previously backed up your wallets using the automated "Cloud Backup" via iCloud Backup, you just need to enter the master password you created when you backed up your wallets。Tap the “Buy” or “Sell” button at the bottom of the screen。We have reports that Samsung has now released an update patch to correct this issue。Read more about Verse Explorer here。What are the rewards for Verse Staking?At the time of writing, Verse Staking rewards were ~30% APY paid in tBTC。Swapping tokens on Avalanche and PolygonYou can easily swap into tokens that are supported on the Avalanche and Polygon blockchains。Step-by-step instructionsFrom the home screen of the Bitcoin。" Send us a message, and we’ll be happy to assist you。Your name, issue date, and all document information must be clearly visible。com Wallet app。You’ll be asked to review and confirm。For multichain swaps, you are able to designate a receiving wallet if you wish。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。Buy cover Go to Nexus Mutual (https://app。Currently, there’s no fee to top up or withdraw。Borrowing use cases The current primary use case for borrowing in DeFi is to increase exposure to cryptoassets。Where do the Verse Farm rewards come from?Verse Farm rewards come from the Verse Ecosystem Incentives program。Trade derivatives: Trade derivatives such as perpetual futures to express your belief that available crypto assets will go up or down。com Wallet or other web3 self-custody cryptocurrency wallet (eg。com Wallet app, choose WalletConnect as the connection method, then tap the "scan" icon at the top-right corner of the Bitcoin。com Wallet maintains the highest level of security possible。" You'll then be prompted to enter the max base fee and the priority fee, both priced in Gwei, for your transaction。com Verse ecosystem that are released in the future。Gas price is measured in nAVAX, which itself is a denomination of AVAX。Enter the email address you used to restore your wallet。How To Restore Your Wallet Manually on AndroidIf you backed up your wallets using a 12-word passphrase, simply use that passphrase and follow these steps。Next select “App preferences” from the list of options。Step-by-step instructions for withdrawing your staked ETHFrom the app’s home screen, scroll down and select “Earn。Tap Import WalletEnter your 12 word recovery phraseTap “show advanced settings”Input the password you used when you created that walletTap ImportYour funds are now accessible。Follow the on-screen instructions, which will add the RPC details to your MetaMask wallet automatically。If your transaction status is listed as pending for significantly longer than a couple of minutes, the most likely explanation is that the market rate for gas increased suddenly at the moment you submitted the transaction。You entered the wrong bank statement code。Type “VERSE” in the search bar, then tap Verse in the search results: Let’s add VERSE to our favorites by tapping the star icon in the top right corner: Next, under “Supported,” scroll down to “Polygon,” tap it to open up the Asset view and add it to Favorites too。Polygon, or MATIC as the token is also called, is the network token for a layer-2 solution that makes transactions faster and cheaper。Summary Transactions on Ethereum incur fees that are paid to the network in ETH。Here’s how easy it is to restore your wallets from cloud backup: Manual BackupsFor manual backups, you'll be assigned a random set of 12 words (a "recovery phrase") for each of the crypto-wallets within your Bitcoin。Here’s an example of how to send Bitcoin: ReceiveTo receive a cryptoasset, simply provide the sender with the appropriate cryptoasset address, which you can easily find in your Bitcoin。"Method 2:Tap the settings icon at the bottom left。com Wallet by pressing on the profile icon in the top right corner and then choosing the “WalletConnect” button。You can read about this in more detail here。Please note that you can swap cryptocurrencies permissionlessly using a decentralized exchange like Bitcoin。Learn more about how to use a blockchain explorer here。com Learning CenterBitcoin。Transferring funds from a shared wallet will take more time than a basic wallet because, as described above, you have to wait for other participants to approve。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。What happened: Customer exceeded daily transaction limit。If you have any further questions at all, please feel free to contact our support team via the chat widget on the bottom corner of your screen or by emailing [email protected]。Download the app Table of ContentsSwapping between cryptocurrenciesHow do I know when my swap has been completed?Why swap between cryptocurrencies? Swapping between cryptocurrenciesFrom the app’s home screen, tap the “Swap” button (it’s in the toolbar at the top of the screen)。fxVERSE is required to purchase the Verse Voyager NFTs。Please note that the address must be sent as text, not as a screenshot, otherwise we will not be able to copy it。com Wallet appHow do fees work on the Avalanche network Customizing fees when using the Avalanche network in the Bitcoin