crypto for idiots (aka me) lol

Gr33dyOctopus said:
Alright. Ive transferred money to a PayPal wallet, have downloaded an exodus wallet. Now im going to convert 100 paypal wallet bucks to solana and try to transfer it to the exodus wallet.

Ok, i got 69 solanas for 102bucks. Lol its already down a dollar
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Kinda another reason I was thinking skipping PayPal was the move 😅
 
foxgirl said:
Kinda another reason I was thinking skipping PayPal was the move 😅
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Well i just want to see it work at this point! I will take a couple of L's just to figure this out. Besides, its a hundred bucks, im willing to take the gamble!
 
foxgirl said:
🙂‍↕️🙂‍↕️ 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.
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Ohhhhh, so I can cash everything out of paypal and just use venmo or debit? If i was smart wouldnt be chewing up rhis thread and would be using crypto to buy peptides right now 😅🤣😂
 
foxgirl said:
🙂‍↕️🙂‍↕️ 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.
Click to expand...
Sir… @Gr33dyOctopus

Where did you buy the Solana? Not on Exodus?
 
Gr33dyOctopus said:
Ohhhhh, so I can cash everything out of paypal and just use venmo or debit? If i was smart wouldnt be chewing up rhis thread and would be using crypto to buy peptides right now 😅🤣😂
Click to expand...
Yeah I removed PayPal from the equation. Venmo or debit yes but at the bottom when you add funds, on the left is a card and the right is a.. coin? I suggest using XO Pay from what I can tell then using your card through that

And then if you and I did a transaction, it looks like you could send me Solana, or, if you wanted to send USDC, you’d have to pick a network and my understanding is Solana is best
 

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Holy crap this last september solan was worth more than 250, now its trading at 140 and change, jesus, thats a huge loss. Hmmm
 
Gr33dyOctopus said:
Me too, I now have about 100 bucks of Solana on Exodus, what now? 😃
Click to expand...
Do you wanna each send another a dollar so we can verify our accomplishments 💀😂

It looks like when you’re ready to pay a vendor, they will give you the “address” to send it to. It has a QR code and long string of numbers and letters
 
foxgirl said:
Sir… @Gr33dyOctopus

Where did you buy the Solana? Not on Exodus?
Click to expand...
O im an idiot i bought it on paypal and then transferred to exodus. If all i have to do is use a debit card to buy crypto on exodus, that doesnt seem hard? Less hard than what ive done, for the record: which is tossing money into paypal, converting it to Solana, and then transferring that to Exodus.
 
foxgirl said:
Do you wanna each send another a dollar so we can verify our accomplishments 💀😂

It looks like when you’re ready to pay a vendor, they will give you the “address” to send it to. It has a QR code and long string of numbers and letters
Click to expand...
Hell yea! Ill.send you a dollar! DM me!
 
foxgirl said:
🙂‍↕️🙂‍↕️ 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.
Click to expand...
If you can buy directly on Exodus Just buy USDC. You do not need to buy Solana and then convert to USDC that will waste money.
 
When you are in Exodus and looking at USDC (USD Coin) The first attachment EX1 shows you USDC. WARNING!!!! Take a closer look under the coin logo.

See where it says Ethereum?

That's USDC on the eth network, you're going to want to change it to Solana. See Attachment 2 (EX2) You should get a drop down menu where you see all the different networks USDC is on.

Change it to Solana. Finally, your screen should look like attachment 3 (EX3) USDC logo Solana network underneath

Click send paste the vendors address and how much you want to send. IT IS ALWAYS GOOD TO SEND A TEST TRANSACTION OF $1 AND VERIFY THE SENDER GOT IT. Once verified send the rest.

Click Receive and that is YOUR address. If you're sending USDC on Solana from an exchange that is the address you want to send to. AGAIN IT IS ALWAYS GOOD TO SEND A TEST TRANSACTION.
 

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Wanted to update for anyone still dealing with hold times, as I am lol. I've been testing a couple different strategies just to see what was fastest and easiest. The one that went through fastest for me just today requires a trusted friend, but it did work. I asked a friend of mine who has PayPal if I could Venmo him some $ and have him send it back to me in PayPal. He did, and that avoided any bank delays from me depositing directly to PayPal. My PayPal is linked to Coinbase and I used my PayPal balance to buy BTC in Coinbase, under my limit of $1000. I used my PayPal balance so this went through right away. From there I was able to transfer the BTC from Coinbase to TrustWallet, so while it's limited to $1000, doing this still got the $ from my bank account turned into crypto in my warm wallet within the same day.
 
Ok, here's where I'm at, set up Exodus wallet which was pretty easy.

When I tried to link my debit card through Apple Pay for purchases KYC crap kicked in so I stopped and decided to go through PP.
Deposited cash in PP account but to actually buy bitcoin I had to give them my SS# which super annoyed me but I said screw it.

Finally purchased bitcoin but when I went to transfer to my Exodus wallet I got stopped cold by PP who wanted me to verify my ID with Gov. ID and using facial recognition? This is such BS, I only purchased a small amount and was sending an even smaller amount as a test.
I figured this wouldn't happen as I had my PP account for way over 10 years.

How does jumping through all these ridiculous convoluted hoops make any sense just to use crypto for purchases?
 
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Did I have to give Exodus my SSN? I don't remember?
(I know I had to @ PP. )
Shit! They don't alow the Exodus spend card in the U.S.A.💩
Still trying to make it "simple."
 
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Peptidesearch said:
Ok, here's where I'm at, set up Exodus wallet which was pretty easy.

When I tried to link my debit card through Apple Pay for purchases KYC crap kicked in so I stopped and decided to go through PP.
Deposited cash in PP account but to actually buy bitcoin I had to give them my SS# which super annoyed me but I said screw it.

Finally purchased bitcoin but when I went to transfer to my Exodus wallet I got stopped cold by them wanted me to verify my ID with Gov. ID and using facial recognition? This is such BS, I only purchased a small amount and was sending an even smaller amount as a test.
I figured this wouldn't happen as I had my PP account for way over 10 years.

How does jumping through all these ridiculous convoluted hoops make any sense just to use crypto for purchases?
Click to expand...
I just used venmo to order through exodus. PayPal and debit both declined for some reason. But venmo linked to checking account was painless.
 
Sasquatch said:
Did I have to give Exodus my SSN? I don't remember?
(I know I had to @ PP. )
Shit! They don't alow the Exodus spend card in the U.S.A.💩
Still trying to make it "simple."
Click to expand...
This was on PP's end and payment processor Exodus uses.
 
Latest Update: Sucess Finally!

After not wanting in any way to give PP my Gov. ID and go through facial recognition, I decided to try the Apple Pay option using my debit card on Exodus Wallet's XO Pay. They only asked for my SS# nothing else besides normal name, address stuff etc.

The small test purchase was immediately approved and zero issues with my bank as well. So hopefully this is the way forward except for bitcoin dropping like a rock today so luckily it was only a small amount. Now the wait for China to wake up so I can finally place my order.

Thanks to this Forum and all the great advice which defiantly motivated me into getting this accomplished.
 
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Cdub100 said:
BTC is a good way too and you don't need to convert or be scared of using the wrong network. The only issue with BTC is it takes longer to send and is more expensive depending on network congestion.
Click to expand...

And it's volatility as I noticed buying some yesterday and today for testing my new wallet.
 
Peptidesearch said:
Latest Update: Sucess Finally!

After not wanting in any way to give PP my Gov. ID and go through facial recognition, I decided to try the Apple Pay option using my debit card on Exodus Wallet's XO Pay. They only asked for my SS# nothing else besides normal name, address stuff etc.
Click to expand...
So, this Exodus XO pay must be an Apple thing?
Nothing like that on my Android.
I do have a thing call Exodus Spend card, that I can't use in the U.S.
 
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