Coinbase for instance what it is is just an iou it’s an iou till you Does Namecoin Work?… in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles 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 reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you need to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you actually need to pay uh to move things on and off by means of gas fees number two is you can pay the gas costs 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 up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get going is very basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send out the code by e-mail so click that therefore right over here we’ll leap over here and await the code to strike 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 all right fantastic 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 few different 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 flexible i like it’s that it’s not one of those unusual crypto sites 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 entrance you desire to utilize all right and that’s it and so as soon as 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 factor why you ‘d desire to go through the procedure and in fact declare uh your domain addresses because one then you actually own it then two 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 okay so simply like when you purchase 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 very 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 and so i just desire to briefly reference at the time of this video that there are a few methods to claim your domain name the first method is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges 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 till august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is extremely basic so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by email so click that and so right over here we’ll leap over here and wait for the code to strike 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 ideal click copy paste there we go boom put that in fine fantastic 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 suggest 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 start with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that set up metamask for chrome fine and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we simply click on begin 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 Does Namecoin Work?