I'm still learning about crypto as are many newbies I'm sure. One thing I don't understand is how to exchange for some private coins specifically monero or pirate on the blockchain exchanges. I can't see them on the market in ionomy. Am I being obtuse? I know they use 3 letters on the list of coins but how does one know which coins are what? I sold all my hive and POB on there so am sitting on some bitcoin which I don't want to keep. I managed to buy some monero on Kraken using my debit card (now that's simplicity).
Can we please have some tutorials for us non-geeks.
RE: Blurt Economic Indicators - 27 February 2022
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Blurt Economic Indicators - 27 February 2022
The quickest way to find the markets for any coin is to look at an aggregator like coingecko or coinmarketcap and they will list every market that they monitor.
It may be the quickest but is it the simplest? Frankly that sounds like another geeky suggestion to me. I'm talking a crypto guide for iodiots. I'm also trying to fiind out how to trade whatever I have on ionomy and hive with other markets, am not sure but it seems like it might be a clique type thing. It just seems to be trading coins to do with steem, hive and blurt etc. Is that right?
You seem perfectly able to do complex research; sounds like a block.
Look, Monero = https://www.getmonero.org/
Instead, you'd like a long post with pictures that will be out of date in 2 months instead of the one simple line I gave you!? lmao
And I'm sure everyone has gone through the boredom and grief of signing up to exchanges for one coin and then finding the exchange sucks and try another one.
Ionomy I think started as a private exchange for their own ION gaming coin, but I dunno if their expansion into steem/hive/blurt was due to personal contacts. I recall Steem joining but I wasn't involved in the process.
Maybe it is a block. Maybe I'm a one hit wonder. I'm just not a crypto wizz, would like to play but I find the market makes it hard for us to play. Why can't they make it easy. I wonder if it's deliberate.
In the 19th C the UK had about 20 different stock exchanges across the country, coz many complained that London only cared about international corps! Imagine the grief of having to actually travel across country just to buy some shares. lol.
I'm not sure I understand what you think they are making hard. Also, steem/hive/blurt are all quite minor coins, so not on many exchanges. I even had trouble buying Cosmos coins, as only ATOM is widely traded - I had to signup to Ascendex to buy some - now is easier. But we are in crypto 19th Century. lmao.
The specific difficulty I'm having is trading a few bitcoin which are on ionomy for some monero of which I have some on Kraken. How do I do that. I don't have a wallet of my own yet only exchanges and Blurt. Can't seem to work out how to send crypto from ionomy to Kraken. Or do I cut out Kraken and do what I've been procrastinating for ages and get a personal wallet (whatever that is).
I think if you are genuinely interested in holding Monero then best get their own wallet.
being a privacy-coin also means it is missing from some exchanges.
One possible solution is to have a general wallet, such as Exodus - basically a digital handbag with coin wallets inside it. lol.
https://www.exodus.com/monero-wallet-xmr
Exodus works well - you can even go the extra step and use it with Ledger.
The internal token swaps are a bit expensive in fees but transfers in and out with exchanges has normal fees and works well that way.
However, check which coins they have, coz is certainly not all of them.
Also, make sure to keep everything written - password and the mnemonic key.
I heard you can have a completely owned wallet and keep it on a dongle? Wouldn't that be the safest option? If I'm registered with Kraken don't I have a wallet with them? I couldn't seem to find details.
Thanx for the help, I'd like to keep my exchanges to a minimum or it could get confusing?