Coinbase for example what it is is simply an iou it’s an iou till you Namecoin Facts… actually 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 know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a couple of ways to claim your domain name the first method is that you need 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 charges you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off via gas costs number two is you can pay the gas charges 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 however anyways to start is very simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and wait on 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 all right terrific 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 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 really like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites 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 gateway you desire to utilize fine 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 claim your crypto domain address now the factor why you ‘d want to go through the process and actually declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that all right 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 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 know it’s like a hot wallet i guess you know this is you you have not claimed 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 couple of methods to claim your domain name the very first way is that you have to purchase a claim with credits charge so that costs 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 in fact have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas fees 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 just wait till august so then they’ll have a scaling option that makes it easy to claim but anyways to get begun is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process began 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 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 all right terrific 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 couple of various 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we just click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Facts