Coinbase for example what it is is just an iou it’s an iou up until you Youtube How Do Blockchain Domains 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’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 therefore i just wish to briefly mention at the time of this video that there are a few ways to claim your domain the first method is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s spends for the gas costs you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off through gas fees second is you can pay the gas fees straight 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 till august so then they’ll have a scaling service that makes it simple to claim however anyways to get going is extremely easy so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by email so click that and so right over here we’ll leap 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 right click copy paste there we go boom put that in okay excellent now you resemble whoa what do i do choose 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 actually 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 nevertheless payment entrance you want to use all right 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the process 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 all right so simply 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 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 know this is you you have not claimed 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 few methods to claim your domain name the first way is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number two is you can pay the gas fees directly 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 simply wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is very easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started 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 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 simply highlight that best click copy paste there we go boom put that in fine great 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 particularly 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 utilizing 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 easy meta mask there we go okay 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 add extension and there we go all right so now the metamask app is installed on our internet browser so we simply click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Youtube How Do Blockchain Domains Work