Coinbase for example what it is is simply an iou it’s an iou up until you Coinbase Namecoin… in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this therefore i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first way is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you actually need to pay uh to move things on and off by means of gas charges second is you can pay the gas charges directly from your own wallet so if you already have a wallet established 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 service that makes it easy to claim but anyways to get started is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send out the code by email so click that therefore right over here we’ll jump 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 right click copy paste there we go boom put that in fine excellent 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 specifically for ethereum now there are a few various wallets that they suggest 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 actually like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use okay and that’s it and so once 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you actually 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 marketplace you can go ahead and do that okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few methods to claim your domain name the very first method 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 pays for the gas fees you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas fees directly 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is extremely basic so we go here say if i desire to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send out the code by e-mail so click that and so right over here we’ll jump 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 right click copy paste there we go boom put that in fine great now you’re like whoa what do i do choose 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 couple of different wallets that they advise 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is installed on our web browser so we just click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Coinbase Namecoin