Welcome to /EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. Tags: ETH, BTC, Bitcoin, Augur, REP, DGD, ICN, MRK, MKR, GNT, DApp, Turing Complete, java script, how much money, time and money, new virtual currency, contractual dispute resolution, current market cap, core value proposition, CASPER, PoS, PoW, blockchain, Poloniex, GDAX, Coinbase, Vitalik Buterin, gas, fork
You will see that this exchange has three sections. The first allows us to exchange MOONS (on the Rinkeby blockchain) to XMOONS (on the XDai blockchain, where Gas fees are paid in XDai rather than Eth). The second section allows us to exchange XMOONS for XDai. The third section allows us to exchange XDai for good old fashioned Ethereum (on the actual Ethereum blockchain).
Before we get started with any exchanging, we need to configure metamask a bit.
First up we are going to make Metamask show the MOONS that we have. To do this, change the network from 'Main Ethereum Network' to 'Rinkeby Test Network' at the top dropdown menu. Now click 'Add Token' and custom token. Now input the following:
Next we want to convert these xMoon's into xDai, however, we have to have some xDai in there in the first place to pay for the gas (remember that this xDai blockchain uses xDai to pay for gas not Eth!). To do this, buy some Dai (20 USD should do) in your favourite way (normal exchange, DeFi, etc.) and transfer it to your Metamask account Eth account (ON THE MAIN ETHEREUM BLOCKCHAIN, DON'T USE RINKEBY!). Also transfer around 10 USD worth of Eth to your metamask to cover any gas fees on the Main Ethereum Blockchain side of things.
Great, now while keeping Metamask on the Main Ethereum Blockchain, click DAI to xDAI and convert around10-20 USD.
Once this xDai has shown up (again could take a while), switch metamask back over to xDai blockchain and click xMOON to xDai (this should be fairly quick)
Now click xDai to Dai (might take a while again, don't panic like I did!)
You should now have Dai on the Ethereum blockchain held in your metamask (which you can see once you switch metamask back over to Main Ethereum)
Feel free now to do with the Dai whatever you wish! Send to an exchange and swap to BTC or Eth, keep a hold of in metamask etc etc
Please feel free to offer comments and corrections in the comments :) Edit 1: Typo fix!
HandleKrypto.com tilbyr nå kjøp og salg av Bitcoin, Ethereum, Bitcoin Cash og Litecoin gjennom sikker innlogging med Bank ID og trygg bankbetaling på 1-2-3. Kjøp, selg og konverter kryptovaluta hos oss på handlekrypto.com.
Prior to ETH, Buterin co-founded and wrote for the Bitcoin Magazine news website. British programmer Gavin Wood is arguably the second most important co-founder of ETH, as he coded the first technical implementation of Ethereum in the C++ programming language, proposed Ethereum’s native programming language Solidity and was the first chief ... Unlike bitcoin, ethereum's creator has always been in the open. A Canadian citizen born in Russia, Buterin published his idea for the digital currency in 2013 when he was 19, and went on to set it ... Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of ... Bitcoin vs. Ethereum: An Overview Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Indeed, as the second-largest ... If so, then bitcoin could begin to benefit from the same feedback loop as Ethereum, thus an additional boost to price beyond its current store of value utilization.
Bitcoin fans of INX show that Ethereum is NOT a scam! DeFi ...
In this bonus episode, I am joined by Samson Mow the CSO at Blockstream and creator of Ethereum Vitalik Buterin. With the ongoing battle between Bitcoiners a... 🎥: Ethereum 2.0 Is Coming - Here Is Vatalik Buterin Explaining It! 🚩: Best Products In Crypto Here 👉 https://www.maxdapp.io/ 💰: Earn Free Bitcoin Here ... Bitcoin or Ethereum - which is the better investment over the next few months and years? With the help of DCInvestor and his post on r/ethfinance, we'll be t... Bitcoin and Ethereum are pumping hard right now, is this the start of the bull run? 👑 PRIMEXBT https://cryptolark.co/PRIMEXBT 🔥 WEALTH MASTERY https://... Asheville, NC- Welcome to the 1 Bitcoin Show. So crypto yentas are going wild over the guys behind INX. I will break down the controversy and the old boys cr...