Coinbase for example what it is is just an iou it’s an iou until you Who Trades Namecoins… actually 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 understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply want 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 have to acquire a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas fees you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off through gas costs number two is you can pay the gas fees directly from your own wallet so if you currently 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 option that makes it simple to claim but anyways to begin is really simple so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send the code by e-mail so click that therefore 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 right click copy paste there we go boom put that in all right terrific 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 various wallets that they advise 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 weird 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 want 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 declare your crypto domain address now the reason why you ‘d desire to go through the procedure and really declare uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that alright so just like when you purchase 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 haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few ways to declare 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 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 through gas costs number 2 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 just wait till august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is extremely easy so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have 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 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 right click copy paste there we go boom put that in fine 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 couple of various wallets that they suggest 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 using 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 fine so we click on this link then we want to download it now click that set up metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we just click on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Who Trades Namecoins