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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。Approve the connection request and you’re done!Using DApps with the Bitcoin。For example, if a major government announces a crackdown on cryptocurrencies, it may lead to a sell-off。Recommended actions: Enable payment via online banking app or by entering the SMS code sent to you。There's also a small possibility that your transaction will stay pending indefinitely。If you update the settings, restart the browser。com Wallet appWhen you create a transaction on the Avalanche (C-Chain) network using the Bitcoin。Notice that each available asset has a different APY。Why is the BCH network fee so low?The Bitcoin Cash network has a bigger block size than the Bitcoin network。Verse Staking, which is designed to reward long-term holders of VERSE, requires depositing only a single asset, VERSE, meaning there is no risk of impermanent loss。This article covers frequently asked questions for Verse Farms on Bitcoin。How do fees work on the Avalanche network?In order to prevent spam, transactions on Avalanche require the payment of a transaction fee。A seller specifies a price and time limit。The recipient's balance will be updated immediately, and they'll be able to use the bitcoin cash as normal。Important: When buying any cryptocurrency, ensure you only purchase coins that are supported by your wallet app, as if the cryptocurrency or blockchain is not supported, you will not be able to see it in your wallet。And that’s it! By staking VERSE, you’ll automatically start earning Bitcoin rewards。For email support, please reach out to [email protected]。These include: App lockYou can turn on App lock in Settings > App preferences。com/onramper/。Step 1: Manual backupWrite down your 12-word recovery phrase for the wallet your tokens were accidentally sent to。​Step-by-step instructionsStep 1: Go to your wallet and tap the "Settings cog in the top right corner: ​Step 2: Navigate to "More options": ​Step 3: Go to "Wallet service URL": ​Step 4: Update the wallet service URL to https://bwscash。Best regards,The Bitcoin。com Wallet appFrom the home screen, scroll down and hit "Earn"If you have more than one wallet with VERSE in it, from the drop-down menu select the wallet you'd like to claim your staked VERSE rewards from。com/farms and click view on the Farm you’d like to withdraw from (eg。com Wallet app or via our website, there are other options! Please refer to this article, which guides you through the different ways to buy digital assets, including each method's pros and cons。Looking for more information about Bitcoin and other cryptocurrencies? Check our Learning Center。How to recover BCH tokens with Electron Cash:1。If you change it to "Fastest," you'll pay a higher fee and likely have your transaction confirmed in the next two blocks (so less than 20 minutes)。It's accessible on web or from within the Bitcoin。Farms are a form of yield farming where users can deposit their LP tokens to earn additional rewards, typically in the form of the platform's native token。Once you've installed the app, navigate to the "Sign in to Bitcoin。com Wallet app, you can customize the fee you pay to the Polygon network。com Wallet and click on update。For more details on deBridge points and what they can be used for, please check out deBridge’s announcement here。The Bitcoin。NXM is used to purchase insurance coverage and participate in governance。Compare the last 4 digits to verify xpub6BzXHPSGHvw9i2ZwWHaHoVzF9ufHrDoYD7y7EjfuA4ic1Zb2uYC6i4nMePmE3f8rPoxArNhpYCsTzfHnGPM9z6CKfam3B2vr6anBXqmnfRH12。In the top-right corner, next to the connect button, select the Polygon network。Is there a fee associated with participating in token burns?You will need gas to pay for transaction fees on the Ethereum network。This means that you must have a balance of MATIC in your wallet in order to execute any type of transaction on the Polygon network。You'll be sent an email to the email address you registered with MoonPay。* Fast → strikes the optimal balance between cost and speed。Leveraged long: This allows you to hold more of a cryptoasset than you could otherwise。🔍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。This means you can create and own, for example, brad。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: Under "Custom fee options"you can enter the precise gas price in gwei for your transaction: Read more: Why is my BNB Smart Chain transaction pending and what can I do about it? How do fees work on the BNB Smart Chain network?The majority of transaction fees generated on BNB Smart Chain are paid to BNB Smart Chain validators。com Wallet app。Give your wallet a name4。MATIC is the native cryptocurrency of the Polygon blockchain。Summary It is always possible to check your ETH transactions using a block explorer, which will show you many useful details about the transaction。From the app’s home screen, tap on Bitcoin then select the wallet that has the pending transaction。Note that for manual backups, anyone with the passphrase can gain access to your wallet (and steal the assets in it) while for the Cloud Backup Service, you have an extra layer of protection because an attacker will need to first get into your Google or Apple account。com Wallet Tutorials Series, which is designed to get you up to speed on the app and its features。com Wallet BNB Smart Chain network fees in detail What are blockchain network fees?Blockchain network fees, often referred to as transaction fees or gas fees, play a crucial role in the functioning and maintenance of decentralized networks like Bitcoin and Ethereum。Since the contracts that define the game are open source, we can verify, for instance, that the house has a 1% edge。Tap on "Wallet information," then tap "Scan for transactions and funds" at the top of the screen。VERSE-X (VERSE/ETH) in your wallet。If you are new to the idea of lending or borrowing, please read the following article: What is crypto lending? To borrow, you’ll first need to deposit funds into the protocol。Tap "View transaction on the block explorer。How long does it take to receive my crypto after buying?Cryptocurrency is released once verification checks have been completed。You can also directly interact with Decentralized Apps(DApps) on the Avalanche network using the Bitcoin。com Wallet appThe Bitcoin。Next select “App preferences” from the list of options。Please see the Verse DEX here for the most up-to-date rate。tBTC is a decentralized and secure way to bring Bitcoin to smart-contract enabled blockchains like Ethereum and Polygon。com Wallet app on MobileOn your mobile device’s browser, navigate to the DApp you’d like to use。Borrowing use cases The current primary use case for borrowing in DeFi is to increase exposure to cryptoassets。com's decentralized exchange Verse DEX via the Bitcoin。Here's how: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-leftSelect "Advanced fee options。More advanced users take advantage of yields offered on both the borrow and lend side during these limited windows。com Wallet app once the transaction has been processed。Step 3: Select “Backup。A transaction ID for each transaction associated with the wallet。com Wallet app is "self-custodial," no third party (neither Bitcoin。Hit the Stake VERSE button, enter the amount to stake, then press Confirm Deposit。The Bitcoin。Read more about finding and sharing your Bitcoin addresses here。Tap on "Hide Balances" (green is on/white is off)。Summary If you lose or damage your device, you can regain access to your cryptocurrency wallets by using your automatic backup master password or by inputting your manual backup recovery phrases (12-word seed phrases)。For step-by-step instructions on how to use Verse Farms, please see this guide。3D Secure authentication What happened: There is something wrong with the card issuer's security system or you need to an enable additional layer of cardholder authentication with your card issuer。What is the maximum amount I can sell?The maximum you can sell varies by cryptocurrency and may also be subject to your individual account limits。com Wallet app, they'll instantly receive the bitcoin cash the moment they open the link。From Avalanche Consensus, The Biggest Breakthrough since Nakamoto Since validators are doing this independently and using only a very small subset of other validators, the network achieves a higher maximum transactions per second, while also being more decentralized, and scalable。Tap the “GET QUOTE” button。Leverage Leverage exposes you to higher liquidations risks。Select the blockchain of the transaction ID you are looking for。3D Secure authentication What happened: There is something wrong with the card issuer's security system or you need to an enable additional layer of cardholder authentication with your card issuer。It allows users, as well as the broader network, to track and verify the status of transactions on the blockchain。You can later redeem these LP tokens for the underlying assets (eg。If you withdraw the full amount, you will automatically receive any unclaimed rewards。com/projects/bitcoin-com You may review our other security audits here: https://verse。Scroll down at the bottom part > Click the "Swap" button2️⃣ It will direct you to the swap page home screen > Select ETH ➡️type of ERC20 token that you wish to receive3️⃣ Enter the amount4️⃣ Tap on "GET QUOTE"5️⃣ Make sure details are correct then tap "Slide to Swap"6️⃣ You will be notified in the Wallet inbox 🔔 once the swap is finished Please see an instructional video here: If you have any questions and are using the Bitcoin。Your screenshot should look something like this: A photo of yourself holding the physical card that you registered with Google Pay。Select the "iCloud" login option and choose the account where you previously performed the "Cloud Backup"。How to resolve:Create a new wallet inside Bitcoin。com Wallet, approve the transaction。Optimistic rollups have a long time to finality, which means transferring cryptoassets from an optimistic rollup back to the main chain could take between 1 and 2 weeks。Eg: The Verse DEX (verse。com Wallet app! Which chains are supported for cross-chain swaps on Verse DEX?The Verse DEX currently supports cross-chain swaps on Ethereum, Polygon, Avalanche, and Binance Smart Chain