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Crypto Kings and Queens, answer me some questions please!

 
Keilani

User ID: 77232079
United States
04/17/2021 06:39 PM

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Crypto Kings and Queens, answer me some questions please!
I just want to buy some Safemoon, so I bought a very small amount of Eth on Coinbase just to test, transferred it to Trust Wallet, and literally I went from $20 to $17.75 (after purchase of Eth) and then to $7.75 after transferring to Trust Wallet, a $10 transfer fees seems crazy.

So question is did I do something wrong when transferring from Coinbase to Trust Wallet for it to cost that much? I mean literally that's more than a 50% charge to move.

Question two, can I buy Safemoon swapping Eth to Smartchain and then go to Pancake and Swap for Safemoon?

Or, do I need to use the BNB20 to swap to Smartchain then to Pancake to Safemoon?

I know it's a super small amount, but as I said, this is just a test for now.
Anonymous Coward
User ID: 72006670
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04/17/2021 06:41 PM
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Re: Crypto Kings and Queens, answer me some questions please!
is safemoon on binance smart chain?
Keilani  (OP)

User ID: 77232079
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04/17/2021 06:45 PM

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Re: Crypto Kings and Queens, answer me some questions please!
is safemoon on binance smart chain?
 Quoting: Anonymous Coward 72006670


I'm not sure, maybe. Is Smart Chain owned by Binance?

I signed up for Binance and now it's in verify stage, which could take weeks, so that's why I just went to Coinbase instead. I should have just bought BNB on Coinbase instead if they'll let me buy small amount to test.
Anonymous Coward
User ID: 79263821
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04/17/2021 06:53 PM
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Re: Crypto Kings and Queens, answer me some questions please!
eth is not efficient (cheap) to move in small amounts. on cb, there is also the option to expedite the transaction, which would increase gas fees. don't know about trust wallet, but probably the same. move the slowest way next time with lowest amount of gas.
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 06:56 PM

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Re: Crypto Kings and Queens, answer me some questions please!
eth is not efficient (cheap) to move in small amounts. on cb, there is also the option to expedite the transaction, which would increase gas fees. don't know about trust wallet, but probably the same. move the slowest way next time with lowest amount of gas.
 Quoting: Anonymous Coward 79263821


Okay, thanks, I didn't know different coins cost different amounts to move. I don't remember seeing an expedite button on Coinbase, I'll have to look for that.
Anonymous Coward
User ID: 76999628
04/17/2021 06:56 PM
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Re: Crypto Kings and Queens, answer me some questions please!
DOGE is going to $10..mark my words!

$1 this coming week!
Anonymous Coward
User ID: 78892049
Japan
04/17/2021 06:59 PM
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Re: Crypto Kings and Queens, answer me some questions please!
Better off buying BNB. Ether feees are killing people
Keilani  (OP)

User ID: 77232079
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04/17/2021 06:59 PM

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Re: Crypto Kings and Queens, answer me some questions please!
DOGE is going to $10..mark my words!

$1 this coming week!
 Quoting: Anonymous Coward 76999628


Thanks for the info, but I want to figure this out first without getting ripped off on all the fees before I buy anything else.
Anonymous Coward
User ID: 78892049
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04/17/2021 06:59 PM
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Re: Crypto Kings and Queens, answer me some questions please!
DOGE is going to $10..mark my words!

$1 this coming week!
 Quoting: Anonymous Coward 76999628


fuck off u retard
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 07:00 PM

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Re: Crypto Kings and Queens, answer me some questions please!
Better off buying BNB. Ether feees are killing people
 Quoting: Anonymous Coward 78892049


Yeah, thanks for tip, I won't be buying Eth again.
Anonymous Coward
User ID: 78892049
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04/17/2021 07:03 PM
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Re: Crypto Kings and Queens, answer me some questions please!
[link to exchange.pancakeswap.finance (secure)]
Anonymous Coward
User ID: 48460116
United Kingdom
04/17/2021 07:03 PM
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Re: Crypto Kings and Queens, answer me some questions please!
DOGE is going to $10..mark my words!

$1 this coming week!
 Quoting: Anonymous Coward 76999628


epiclol
Anonymous Coward
User ID: 78892049
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04/17/2021 07:04 PM
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Re: Crypto Kings and Queens, answer me some questions please!
use pancake swap for BNB to Safemoon
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 07:11 PM

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Re: Crypto Kings and Queens, answer me some questions please!
 Quoting: Anonymous Coward 78892049


I know about Pancake Swap, but do I have to swap my ETH to BNB to Smart Chain and then Pancake Swap to buy the Safemoon? That's what numerous videos are saying, seems like overkill.
Keilani  (OP)

User ID: 77232079
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04/17/2021 07:12 PM

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Re: Crypto Kings and Queens, answer me some questions please!
use pancake swap for BNB to Safemoon
 Quoting: Anonymous Coward 78892049


Okay, I'll give it a shot, LOL. Why does everyone keep saying to switch to Smart Chain first?
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 07:14 PM

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Re: Crypto Kings and Queens, answer me some questions please!
use pancake swap for BNB to Safemoon
 Quoting: Anonymous Coward 78892049


Okay, I'll give it a shot, LOL. Why does everyone keep saying to switch to Smart Chain first?
 Quoting: Keilani


Okay, so I connected to Pancake Swap, and told it to connect to my Trust Wallet, but the Eth coin is not showing. Does it have a minimum dollar amount or does it just take a while to populate?
Anonymous Coward
User ID: 79263821
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04/17/2021 07:14 PM
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Re: Crypto Kings and Queens, answer me some questions please!
be careful with those online swap wallets.
PeterWiggin

User ID: 80250619
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04/17/2021 07:15 PM
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Re: Crypto Kings and Queens, answer me some questions please!
I can't answer your questions, but do know this... Many businesses have minimums. My company has a $10 minimum just to open a project. If your project really is $1, we'll charge $11. If your project really is $1000, then $1010 isn't that much different.

So, your test may not reflect any significant investment and transfers.

Your $1000 purchase and transfer might still cost you $15 leaving you with $985 instead of $7

Testing is VERY SMART! but might not reflect actual fee percentages.

I tested too and wasn't concerned about fees to test
Anonymous Coward
User ID: 80021451
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04/17/2021 07:16 PM
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Re: Crypto Kings and Queens, answer me some questions please!
DOGE is going to $10..mark my words!

$1 this coming week!
 Quoting: Anonymous Coward 76999628


Ride the pump and dump wave, bitch!
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 07:17 PM

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Re: Crypto Kings and Queens, answer me some questions please!
be careful with those online swap wallets.
 Quoting: Anonymous Coward 79263821


That's why I'm doing a small amount to test first.
Keilani  (OP)

User ID: 77232079
United States
04/17/2021 07:19 PM

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Re: Crypto Kings and Queens, answer me some questions please!
I can't answer your questions, but do know this... Many businesses have minimums. My company has a $10 minimum just to open a project. If your project really is $1, we'll charge $11. If your project really is $1000, then $1010 isn't that much different.

So, your test may not reflect any significant investment and transfers.

Your $1000 purchase and transfer might still cost you $15 leaving you with $985 instead of $7

Testing is VERY SMART! but might not reflect actual fee percentages.

I tested too and wasn't concerned about fees to test
 Quoting: PeterWiggin


I realize there might be a minimum and that's why the percentage is much higher in my case, that's why I was wondering if anyone had Coinbase ETH experience, like many said ETH has higher fees though :(
Anonymous Coward
User ID: 78892049
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04/17/2021 07:22 PM
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Re: Crypto Kings and Queens, answer me some questions please!
be careful with those online swap wallets.
 Quoting: Anonymous Coward 79263821


That's why I'm doing a small amount to test first.
 Quoting: Keilani


AS long as you have the right contract you good to go. Safemoon is on Binance Chain
Anonymous Coward
User ID: 79263821
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04/17/2021 07:25 PM
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Re: Crypto Kings and Queens, answer me some questions please!
cb is particularly egregious. cb charges you their exorbitant fees for your eth transaction, and they pass along the gas fees (charged by the eth network) to you as well.

you would be better off buying almost ANYWHERE besides coinbase, but since it seems like you are trying to get in the game, make sure it is a reputable exchange. stay away from non-kyc exchanges unless you know what you are getting into.

you might look at computer wallets like exodus which allow purchasing crypto from the wallet (yes, there are still fees) and also allow exchanging crypto pairs - although not all coins are supported - exodus does not support cake, although they regularly do add new coin support.
Anonymous Coward
User ID: 80076607
Vietnam
04/17/2021 07:27 PM
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Re: Crypto Kings and Queens, answer me some questions please!
Avoid using ETH the fees are stupid big.

Buy BnB & stay on binance smart chain to swap in pancakeswap, lowest fees on bsc.

The ETH coin won't show up on pancake because it is on ETH chain not binance chain.

Because you started with ETH & with fees eating into it, then you have to deal it to BnB adds more fees.

Buy BnB in binance - look at staking in acryptos or Venus, earn interest in your coins.

Safemoon is probably not going to the moon, but BnB will soon be overtaking ETH.

Safepal wallet is very good for BnB dapps like pancakeswap, you can import your trust wallet balances and address into safepal

Look at swipe - it's a crypto credit card that can do fiat money swaps, and it's backed by binance.

Probably a more solid foundation than safemoon.
Anonymous Coward
User ID: 79067957
United Kingdom
04/17/2021 07:30 PM
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Re: Crypto Kings and Queens, answer me some questions please!
LITECOIN.
PeterWiggin

User ID: 80250619
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04/17/2021 07:30 PM
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Re: Crypto Kings and Queens, answer me some questions please!
.

you would be better off buying almost ANYWHERE besides coinbase...
 Quoting: Anonymous Coward 79263821


Maybe. But for new people, like me, cb is a great place to start. I've found it to be the easiest and most intuitive interaction of all the exchanges I've explored.I

It wasn't easy, but the others are harder.
Anonymous Coward
User ID: 78892049
Japan
04/17/2021 07:31 PM
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Re: Crypto Kings and Queens, answer me some questions please!
Avoid using ETH the fees are stupid big.

Buy BnB & stay on binance smart chain to swap in pancakeswap, lowest fees on bsc.

The ETH coin won't show up on pancake because it is on ETH chain not binance chain.

Because you started with ETH & with fees eating into it, then you have to deal it to BnB adds more fees.

Buy BnB in binance - look at staking in acryptos or Venus, earn interest in your coins.

Safemoon is probably not going to the moon, but BnB will soon be overtaking ETH.

Safepal wallet is very good for BnB dapps like pancakeswap, you can import your trust wallet balances and address into safepal

Look at swipe - it's a crypto credit card that can do fiat money swaps, and it's backed by binance.

Probably a more solid foundation than safemoon.
 Quoting: Anonymous Coward 80076607


shes got Trust wallet. She went wrong by buying eth. Maybe someone can send her some BNB, if i had any i would. 30$-40- worth.
Anonymous Coward
User ID: 79263821
United States
04/17/2021 07:32 PM
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Re: Crypto Kings and Queens, answer me some questions please!
.

you would be better off buying almost ANYWHERE besides coinbase...
 Quoting: Anonymous Coward 79263821


Maybe. But for new people, like me, cb is a great place to start. I've found it to be the easiest and most intuitive interaction of all the exchanges I've explored.I

It wasn't easy, but the others are harder.
 Quoting: PeterWiggin


absolutely. cb is a good safe place to start, i agree. just understand, you pay a premium for that safety and learning experience, but yes, all good points.
Anonymous Coward
User ID: 75394950
United States
04/17/2021 07:33 PM
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Re: Crypto Kings and Queens, answer me some questions please!
How about a Bitpay Wallet with a Bitpay Mastercard: [link to bitpay.com (secure)]
Anonymous Coward
User ID: 78892049
Japan
04/17/2021 07:36 PM
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Re: Crypto Kings and Queens, answer me some questions please!
[link to etherscan.io (secure)] always check fees
PeterWiggin

User ID: 80250619
United States
04/17/2021 07:37 PM
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Re: Crypto Kings and Queens, answer me some questions please!
.

you would be better off buying almost ANYWHERE besides coinbase...
 Quoting: Anonymous Coward 79263821


Maybe. But for new people, like me, cb is a great place to start. I've found it to be the easiest and most intuitive interaction of all the exchanges I've explored.I

It wasn't easy, but the others are harder.
 Quoting: PeterWiggin


absolutely. cb is a good safe place to start, i agree. just understand, you pay a premium for that safety and learning experience, but yes, all good points.
 Quoting: Anonymous Coward 79263821

Thanks! I'm learning and hope to learn enough to grow.

I need to learn about cold storage





GLP