Coinbase for instance what it is is simply an iou it’s an iou until you Unstoppable Domains Vs Namecoin… really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of methods to declare your domain the very first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s spends for the gas costs 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 via gas fees second is you can pay the gas fees 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 simply wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to start is very basic so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send the code by e-mail so click that and so right over here we’ll leap over here and await 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 okay fantastic now you resemble 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 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 truly like i like that it’s flexible i like it’s that it’s not one of those strange 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 gateway you desire to utilize alright 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 factor why you ‘d want to go through the process and in fact claim uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that all right so just 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 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 guess you know 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 mention at the time of this video that there are a couple of methods to claim your domain name the very first method is that you have to purchase a claim with credits cost 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 fees look this the ethereum network you actually have to pay uh to move things on and off via gas charges number two is you can pay the gas costs 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 until august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is extremely simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send the code by email 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 best click copy paste there we go boom put that in alright 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 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}
use 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 use metamask so to get going 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 all right and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our web browser so we just click 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 Unstoppable Domains Vs Namecoin