Just bought 5 bitcoins on coinbase with some of my neetbux i have saved up. How do i go about buying bitbeans and pivx/posw now? Never bought cryptocoins before so i dont know what im doing.
>>1979262
Sign up for POSWallet. I'd appreciate it if you used my referral link: https://poswallet.com/login.php?referral=draquila
But you can just go to poswallet.com without the referral.
Go to dashboard, generate a BTC address.
Transfer BTC from Coinbase to POSW.
Wait. It will probably take at least an hour, but it could be a day. They're having a proble with slow BTC tranactions.
Then click on "wallet" and transfer your BTC from "staking" to "exchange."
Then go to the exchange buy POSW. Go to the BTC tab and select POSW/BTC, and buy it.
Then transfer from your exchange wallet to your staking wallet and sit on it.
You can buy some BITB the same way.
>>1979262
go to bittrex
buy bitbeans
go to poswallet.com transfer beans here and bitcoin as well
use bitcoin to buy posw on poswallet directly, also hoard beans and you can use their neat exchange to get YUGE gains if people hit your asks (trade secret, please delete when reading)
pls gib some satoshi I have literally .1 bitcoin
1Ex7UZYrHim5cPwzXde2QJCzN1NqaPYYP6
>>1979272
Do i generate the BTC address on POSWallet or on coinbase.
Also to get this all back to USD i just go in reverse all the way back to coinbase?
>>1979293
Generate the address on POSW.
Coinbase should already have given you an address.
>Also to get this all back to USD i just go in reverse all the way back to coinbase?
Yes, although POSW might add USD in the distant future.
>>1979293
>Do i generate the BTC address on POSWallet or on coinbase.
Your BTC address is 1NriwaGBm9o8uBa8RR2jb7Xox2K7xCjMhs
>>1979293
Oh, and you also have to generate addresses for POSW and BITB and whatever other coins you want.
These are all just one-click, though.
You can also go to "faucet" and get very small amounts of coins for free. Nothing much, but every little bit counts.
>>1979312
Thanks for the help. Hopefully i didnt fall for memecoins tho.
I want to do this too, but what is POSWallet exactly?
>>1979262
dont waste your money you fucking idiot
>>1979624
It's an exchange site that allows you to stake (generate new coins passively) your coins.
>>1980097
Just imagine the salt from nocoiners on here in a few months
I'll start a few posw beg threads for you guys, don't worry
>>1979262
fucking sell them. you're not cut out for this game dude.
>>1980103
Whats the catch? I do really want to get in this not trying to be too sceptical.
>>1981588
The catch is they take 2.5% of your staking reward.
So if you have a very large number of coins it's probably better to set up your own wallet on a server.
But if you are just holding PoS shitcoins like BITB for a few days or weeks, it's better to be able to leave them in the exchange instead of having to set up a wallet that you'll only need for a month or less. Most people don't even bother staking PoS coins; they just leave them on an exchange and get nothing, while the exchange absorbs the staking reward from those coins.