crypto for idiots (aka me) lol

[Calm Logic]

That works in reverse, too, such as for sending PYUSD to PayPal for conversion to a PayPal balance.

Personally, for sending something like USDC-Sol to a vendor, I just purchase PYUSD-Sol in Exodus and then convert in Exodus to USDC-Sol (since cheaper that way). You also need to have a small amount of Sol for sending the USDC-Sol.

 

[joseblo]

Note that the built-in conversions in Exodus have significant fees ~1% so if you're converting a lot, it may be worth using a web3 market / dex like jupiter on /sol where fees will be <0.1%. Like everything here, there's another rabbit warren full of holes to go down. I personally know only 1 or 2.

(edit: oops Cdub100 already gave this advice)
There's probably a good dex for /eth chain conversions too, but I haven't crossed that fetid swamp yet.

 

[Rolltide61]

View: https://youtu.be/R62nLV0N1x0?si=rTTELypqbrZG92hc


Buy USDT and when you send it that's when you will pick what network you want to use.

It's recommend you send it to a warm wallet like phantom or Exodus after you buy it. Major exchanges have blocked funds going to know peptide address.

How do you send it to Exodus though?

 

[Cdub100]

How do you send it to Exodus though?

Open Exodus
Pick your coin e.g. USDC
Click Receive.
Copy the long address it gives you / You can also scan it with the crypto.com app.

Open Crypto.com
go to your coin USDC and click send.
Paste the address you copied from Exodus. Check first 4 and last 4 digits.
Send...

 

[Rolltide61]

Open Exodus
Pick your coin e.g. USDC
Click Receive.
Copy the long address it gives you / You can also scan it with the crypto.com app.

Open Crypto.com
go to your coin USDC and click send.
Paste the address you copied from Exodus. Check first 4 and last 4 digits.
Send...

I almost got it w/ your directions. Crypto.com would not let me send a test amount of USDT. Like $3. All or nothing. Also wanted to know my wallet name in Exodus. WTF? It ain't got no name.

Gonna try again tonight but thanks. You got me fairly far along.

 

[Cdub100]

I almost got it w/ your directions. Crypto.com would not let me send a test amount of USDT. Like $3. All or nothing. Also wanted to know my wallet name in Exodus. WTF? It ain't got no name.

Gonna try again tonight but thanks. You got me fairly far along.

Make sure you're sending on the correct crypto.

Think of crypto like different operating systems.

Windows, Apple, Android, Linux etc...

Solana, Etherum, Cardano, Sui etc...

You can't download a windows app on an apple phone. It has to be coded to operate on apple.

Same goes for crypto. You can't send Bitcoin to a Solana address; it will not work, and you'll lose it forever. So make sure you are sending Solana USDC to a Solana address or ETH USDT to a ETH address.

 

[Rolltide61]

Make sure you're sending on the correct crypto.

Think of crypto like different operating systems.

Windows, Apple, Android, Linux etc...

Solana, Etherum, Cardano, Sui etc...

You can't download a windows app on an apple phone. It has to be coded to operate on apple.

Same goes for crypto. You can't send Bitcoin to a Solana address; it will not work, and you'll lose it forever. So make sure you are sending Solana USDC to a Solana address or ETH USDT to a ETH address.

Yeah I tried to send USDT to my Exodus wallet via Solana.

I got that crazy idea due to the fact a supplier said he only took USDT and wrote it as USDT(SOL). I "assumed" the SOL meant Solana. I guess it means Shit OUTA Luck.

 

[Cdub100]

Yeah I tried to send USDT to my Exodus wallet via Solana.

I got that crazy idea due to the fact a supplier said he only took USDT and wrote it as USDT(SOL). I "assumed" the SOL meant Solana. I guess it means Shit OUTA Luck.

USDT can be sent on the solana block chain. You might not be SOL

 

[Rolltide61]

USDT can be sent on the solana block chain. You might not be SOL

Oh ok. What do you mean "I might not be SOL"? I thought I could only send USDT on Eth or is that only transferring from Crypto.com to Exodus.

By the way thanks for your help. I'm learning a lot from you. I'm 64 and retired and all of this is very new to me. I feel like I'm entering the 21st century for the first time. I've spent the last 9 years hunting, fishing and growing my vegetable garden.

 

[Gr33dyOctopus]

Why the fuck does this all.seem so complicated? Ive spent thousands now through PayPal. But I want to pay in crypto to expand my horizons.

I use chase bank, have a debit and credit card and get shut down at every turn for crypto. My head spins when I read all this shit. Can someone help me with how to submit money to buy crypto? I have a privacy.com account, has anyone used that? I dont really mind some fees. Just want to be able to move money around and actually make crypto work. But it feels.like chase bank has me shut down before I even get started

 

[Cdub100]

Oh ok. What do you mean "I might not be SOL"? I thought I could only send USDT on Eth or is that only transferring from Crypto.com to Exodus.

By the way thanks for your help. I'm learning a lot from you. I'm 64 and retired and all of this is very new to me. I feel like I'm entering the 21st century for the first time. I've spent the last 9 years hunting, fishing and growing my vegetable garden.

Usdt is on lots of platforms. Including Solana. If you sent usdt from crypto.com to Exodus on the Solana block chain you are probably fine. What does Exofus say

 

[Cdub100]

Why the fuck does this all.seem so complicated? Ive spent thousands now through PayPal. But I want to pay in crypto to expand my horizons.

I use chase bank, have a debit and credit card and get shut down at every turn for crypto. My head spins when I read all this shit. Can someone help me with how to submit money to buy crypto? I have a privacy.com account, has anyone used that? I dont really mind some fees. Just want to be able to move money around and actually make crypto work. But it feels.like chase bank has me shut down before I even get started

Chase bank specifically their CEO Jamie Diamond hates crypto. So they will block anything they might see as using crypto.

It's not crypto it's your bank.

Try and deposit some cash on PayPal. Once the cash settles use that to buy the crypto you want.

You can also buy in Robinhood which is probably a good way to get around chases security.

 

[MaineUser]

I guess it provides an isolation step and is a "method" to ensure anonymity for transactions.

Each to their own as to why they may choose to enhance their anonymity.

Hi, tried using PayPal but the hold time is wacky! I transfer from debit card to PP, buy crypto, then sell, and want to transfer to vendor. Even though bank removed cash and I can trade with it, they block a transfer for up to 2 weeks. I spoke with them and they won't provide actual length for security reasons.

Using cash app avoids this issue.

 

[Gr33dyOctopus]

Chase bank specifically their CEO Jamie Diamond hates crypto. So they will block anything they might see as using crypto.

It's not crypto it's your bank.

Try and deposit some cash on PayPal. Once the cash settles use that to buy the crypto you want.

You can also buy in Robinhood which is probably a good way to get around chases security.

I didnt even think about that, i have a robin hood account, havent used it in years. Sweet ty!

 

[Gr33dyOctopus]

Chase bank specifically their CEO Jamie Diamond hates crypto. So they will block anything they might see as using crypto.

It's not crypto it's your bank.

Try and deposit some cash on PayPal. Once the cash settles use that to buy the crypto you want.

You can also buy in Robinhood which is probably a good way to get around chases security.

Which one of those would be tour suggestion for the easiest start? Deposit in RH or PP. Ty btw!!!

 

[Sasquatch]

I tried adding PYUSD (PayPal cryto) to my PayPal account with a cc. Nope.
I'll bet I can added cash to my PP account with a cc. Then convert to PYUSD. (then PYUSD to USDT or whatever) Knowing what I know now, I'd have to move it to Exodus at some point.
I don't know yet?

 

[Gr33dyOctopus]

I tried adding PYUSD (PayPal cryto) to my PayPal account with a cc. Nope.
I'll bet I can added cash to my PP account with a cc. Then convert to PYUSD. (then PYUSD to USDT or whatever) Knowing what I know now, I'd have to move it to Exodus at some point.
I don't know yet?

Mptherfucking Squatch! Lets team up on this shit buddy! If one of us doesnt learn to do this in the next month or so, the dumb one gets slapped across the mouth with a 3 day old trout.

I did the dame with cc, no go.didnt even consider adding it to paypal and then converting. Would someone smarter than me help us with a quick reminder of our jext steps. Stay Squatchy!

 

[Peptidesearch]

Is it safe to use bank debit card to fund Exodus wallet so I can skip the PP part?

 

[Gr33dyOctopus]

Ima read this while thread one more time and see if I can do better. 🤪

 

[Gr33dyOctopus]

So i start here and buy bitcoin on cashapp? Then ???? Profit?

 

[Cdub100]

Which one of those would be tour suggestion for the easiest start? Deposit in RH or PP. Ty btw!!!

Whichever you're already signed up for

 

[Gr33dyOctopus]

Whichever you're already signed up for

Alright, ima drop a few hundred into paypal, and will report back to this thread 🫡

 

[Gr33dyOctopus]

Ok, i have 375 in a PayPal wallet, and can now buy crypto, which one should i get an why?!?!

 

[foxgirl]

Ok, i have 375 in a PayPal wallet, and can now buy crypto, which one should i get a why?!?!

Man on a mission if I’ve ever seen one

 

[Cdub100]

Ok, i have 375 in a PayPal wallet, and can now buy crypto, which one should i get an why?!?!

Buy Solana you will get the best rate when you convert to usdc on exodus

 

[Gr33dyOctopus]

Man on a mission if I’ve ever seen one

I am! I want KLOW, among other things, and the HPT price is around 240, plus 5% ,PAYPAL plus at least 50 shipping if thats all i want. The klow would cost me around $300, ill save ( five or take around a hundred i can get it thru one of the current crypto vendors. Plus, i havent had success haggling with the few vendors that accept PayPal, and i wanna try to see if I can get even better deals. Damn right girl, im on a mission!

 

[Gr33dyOctopus]

Buy Solana you will get the best rate when you convert to usdc on exodus

Thank you!!!

 

[foxgirl]

I am! I want KLOW, among other things, and the HPT price is around 240, plus 5% ,PAYPAL plus at least 50 shipping if thats all i want. The klow would cost me around $300, I’ll save ( five or take around a hundred i can get it thru one of the current crypto vendors. Plus, i havent had success haggling with the few vendors that accept PayPal, and i wanna try to see if I can get even better deals. Damn right girl, im on a mission!

You know what, I'm gonna learn that way right now with you. GLOW is on my list. Might as well before I place my first grey order

 

[Gr33dyOctopus]

You know what, I'm gonna learn that way right now with you. GLOW is on my list. Might as well before I place my first grey order

Right?! Lets figure this out together, i think we got Sasquatch and a few others i chat with on board. Its time to LEARN! Haven't got a chance to read this entire thread but I'm going to do it again when I get home tonight or just been driving and driving and driving today to an errands and I'm going to do it I'm going to learn how to use crypto to buy s*** so I don't have to f*** around with PayPal anymore. Boom mother f*****! And you should too Foxgirl!!!! If an idiot like me can eventually figure this out, you can too! Even tho, lol im a ways away from that 😅🤣😂

 

[foxgirl]

Right?! Lets figure this out together, i think we got Sasquatch and a few others i chat with on board. Its time to LEARN! Haven't got a chance to read this entire thread but I'm going to do it again when I get home tonight or just been driving and driving and driving today to an errands and I'm going to do it I'm going to learn how to use crypto to buy s*** so I don't have to f*** around with PayPal anymore. Boom mother f*****! And you should too Foxgirl!!!! If an idiot like me can eventually figure this out, you can too! Even tho, lol im a ways away from that 😅🤣😂

🙂‍↕️🙂‍↕️ What I put together from skimming your last few messages with others is basically:

• Attach fund source to crypto wallet (Exodus)
• Purchase Solana
• Convert Solana to USDC

Editing as I play with Exodus app:
And then depending on rate changes, you watch for what cryptocurrency to use instead of Solana etc. XO Pay network (best conversion rate) on Exodus funds your account from USD so don’t need a middle man like PayPal really. For funds, there’s Apple Pay, debit, and Venmo for fast transfers and bank for within 48 hours. No fees to use XO Pay, at least up to $500.