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Table of contents The Basics of Insurance in DeFi Introduction to Nexus Mutual Key Terms Relating to Insurance in DeFi How to Buy Crypto Insurance How to Make a Claim on your Crypto Insurance Policy The Basics of Insurance in DeFiBlockchain increases efficiency by reducing the high costs and long processing times associated with traditional insurance companies。Tap the “Submit Claim” button。Access App PreferencesIn the Settings menu, select App Preferences。com Wallet app's home screen, tap on the wallet for the transaction you want to resubmit (eg。For example, if you buy the domain name brad。Contributors to liquidity pools must deposit equal amounts of two assets, exposing these market participants to the risk of impermanent loss。Where is my cryptocurrency?When initiating a bank transfer, you will see the funds pulled from your account immediately upon authorization。EIP-681 is a standardized way of representing various transactions, especially payment requests, in ETH and ERC-20 tokens as URLs (in this case, a URL embedded in a QR code)。For assets that the wallet doesn’t support, please use the “Request Asset” button in the Asset View: That completes the overview of "Markets。A gift cards space where you can browse through a huge list of retailers。ETH and VERSE are deposited into the liquidity pool at a 50-50 ratio。00"When attempting to buy cryptocurrencies, if you receive the "The maximum transaction amount is $0。com's ETH staking pool。com Wallet 6。com Wallet app。Recommended actions: Enable payment via online banking app or by entering the SMS code sent to you。” What happened: You need to transfer funds to the dedicated account to complete your transactions。com/onramper/。If there's a name on the card, please ensure it's fully visible。Read the next article in the series: Bitcoin。An “Open with” menu will pop up, tap the Bitcoin。How can I verify my Samsung Pay card?When you attempt to make a purchase, you may be asked to verify your Samsung Pay card。​ Step-by-step instructions to turn on/off news notifications on AndroidFrom the app’s home screen, tap the Settings icon。Ask them to scan the shared wallet’s QR code。Please try again with a different card"Your options for resolving this issue are:Ensure your payment method is registered。The continuous growth of the crypto industry has prompted banks to integrate blockchain and cryptocurrencies into their core services, expanding their offerings to include these assets。Contributing to the Burn EngineVisit the Verse Burn Engine。Will my bank charge me to receive the funds?Please check with your bank to see if they charge any additional fees for inbound bank transfers。Every time you make a cryptocurrency transaction, it's sent out to the network。What is the maximum amount I can sell?The maximum you can sell varies by cryptocurrency and may also be subject to your individual account limits。Here's how to deposit into a liquidity pool on Verse DEX: In the “Pools” tab, select the pool you’d like to add liquidity to and hit “Deposit。What are liquidity pools and liquidity pool tokens?A liquidity pool is a smart contract-based reserve of two tokens, allowing for automatic, decentralized trading and earning of fees for those who provided the tokens。Which Avalanche and Polygon tokens are supported?To see a list of the Avalanche and Polygon tokens supported in the Bitcoin。Rest assured, you will never be charged for failed transactions and funds will never leave your account。" Send us a message, and we’ll be happy to assist you。How does a shared wallet work?Recall that crypto wallets do not actually contain cryptocurrency。How to set up your Unstoppable Domain as a payment gatewayOnce you've claimed your Unstoppable Domain, you'll have the option to associate your cryptocurrency addresses to it。At a minimum, you should plan to contribute enough cryptocurrency to your pool and keep it there for long enough to cover your deposit and withdrawal costs。After you have purchased a ticket, you can either gift it to a friend or scratch the numbers yourself to reveal your prize。Select the asset you wish to receive from the list of available assets。Other bank-related transaction failure reasons Recommended actions: Contact your bank to find out your transfer limits。What happened: Customer exceeded daily transaction limit。Key termsPool: Every DEX trading pair has its own pool of liquidity。Get liquidity pool (LP) tokens。com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, and manage the most popular cryptocurrencies。What can I do if my Bitcoin transaction is stuck?If the network is very congested or if you've set a fee that is too low, there's a small chance your transaction will be stuck。Note that your Bitcoin。Simply scan the private key QR code to import it to new devices。com Wallet app also has an automated cloud backup system (see below) which you can use to encrypt all of your recovery phrases。How do I create a transaction request?To create a transaction request, simply select your shared wallet, tap send, and follow the instructions。** You can find this in Settings > Wallet & Apple Pay > Card > Info。Both of these fees are influenced by market forces, meaning the cost goes up when the network is congested。In Metamask specifically: From the Assets tab, scroll down and select import tokens。Tap on the "Cancel" button in the yellow box:Review the additional fee required (displayed on the confirmation screen) and slide the arrow to confirm the cancel transaction request。com MapsList your business on Bitcoin。Improved anti-abuse monitoring Improvements to increase performance and reliability。Read more about LP tokens here。What if I can't buy bitcoin in the app?If you're unable to buy bitcoin within the Bitcoin。For multichain swaps, you are able to designate a receiving wallet if you wish。What are the fees for selling my crypto?A detailed fee breakdown for selling crypto is displayed on screen before confirmation。When you unstake your ETH, you'll be sending your vstETH back to contract。Set a Password (Optional): - You can add a password for additional security, though it is optional。Copy this by tapping the QR code。This is done from the pools page: If you don’t have one or both of the cryptocurrencies for the pool you're depositing into, you can buy or swap in seconds using the Bitcoin。com Wallet app and send the correct amount of cryptocurrency to the top up / recharge address。Protocol: DeFi protocols are DApps that enable some kind of financial activity, such as swapping, lending, trading derivatives, and buying NFTs。You’re done!Please see an instructional video here If you don’t already have the Bitcoin。What happens if the transaction gets rejected after a pre-authorization has been placed on my card?If for some reason your transaction fails or is cancelled, we will cancel the pre-authorization。Where do I find my Bitcoin address?You can find your Bitcoin address by tapping "Receive" from the Bitcoin。Let’s look at some different scenarios with various leverage: Amount bought in USDLeverageLiquidation price in USD100010x21,4005005x23,4002002x10,6001001x39,400How about returns? Imagine Bitcoin depreciates in price 10% to 18,000 USD。Metamask)Swap。Note that cancelling or speeding up a transaction does incur a fee to the Ethereum network。Options for Managing a Pending Bitcoin TransactionWhen a Bitcoin transaction is pending, you have three options: 1) speed it up, 2) cancel it, 3) wait。Liquidity is essential for enabling decentralized trading。This means you have a BTC wallet, a BCH wallet, and an ETH wallet。Read more here about why you need to verify your identity。com, we work with trusted third-party services to help you buy and sell cryptocurrency。comLog in with your registered email and verification codeTap “Activate my Physical Card” and follow the on-screen instructions How do I top up my card? Visit card。You can also connect to Verse DEX with any web3 wallet (eg。fountainhead。It does not share any user data。Try a different card from another issuer。Speculation is the main use case for borrowing in DeFi。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。Leverage can amplify your returns, but they also greatly increase the risk of being liquidated。In fixed-price NFTs, the seller must accept offers。Learn more about VERSE at getverse。⚠️ Make sure you provide the correct wallet type (eg。At the time of writing, staking yields are in the 3-4% APY range。Finally, tap on "RESTORE BACKUP"。If you have backed up your wallet on the cloud prior to the October security update, we have released a new function to repair the wallet。Please note that if you want the wallet to have the same name on all devices, then you will have to re-name the new wallet after importing。Repeat this process two or three times with any cryptoassets that catch your interest: Add cryptoassets to your Favorites to easily track their progress。Assuming the gas price for your new transaction is high enough (and assuming the transaction you're resubmitting is the first in line for your wallet) the transaction will get picked up by a validator and the transaction it replaces will disappear forever。com Wallet app。" Take note of the 'nonce。Here's how to set customized fees in your wallet: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left Select "Custom fee options。Our Learning Center may be a useful resource for understanding in more detail how the Bitcoin network works。nexusmutual。For smaller transactions, one or two confirmations might be enough