Blockchain For Domains | HE

Coinbase for example what it is is simply an iou it’s an iou up until you Blockchain For Domains… really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i just want to briefly mention at the time of this video that there are a couple of ways to declare your domain the very first way is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s spends for the gas fees you resemble what are gas fees look this the ethereum network you actually have to pay uh to move things on and off through gas fees second is you can pay the gas charges straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling service that makes it simple to claim however anyways to get going is extremely simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we need to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for the code to hit my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that ideal click copy paste there we go boom put that in okay great now you’re like whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of different wallets that they recommend so for desktop there’s meta mask for mobile you can|You click on here checkout and that’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use okay and that’s it and so when you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the procedure and really claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that all right so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few methods to claim your domain name the very first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas costs number two is you can pay the gas charges straight from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to get begun is really easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by email so click that and so right over here we’ll leap over here and wait for the code to hit my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that right click copy paste there we go boom put that in fine great now you’re like whoa what do i do select wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few different wallets that they recommend so for desktop there’s meta mask for mobile you can}

utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to start with metamask is easy meta mask there we go okay so we click on this link then we wish to download it now click on that set up metamask for chrome alright and let’s go on and add to chrome add extension and there we go alright so now the metamask app is set up on our browser so we simply click on get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Blockchain For Domains