Grand Master Jedi
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Nice!
You don’t open an account, you just connect your Nano Ledger wallet to it. Im still new to it but yesterday I swapped 4 XRP for 5000 XRDOGE at .00075 just to test it and it scooped them up. The trading pair is XRP/XRDOGE. Not sure how my XRDOGE is on the Dex platform but its there. I disconnected my wallet and reconnected it a few times and every time I do so it shows the balance of my XRP on my Ledger and now shows the 5000 XRDOGE sitting there as well. It lets you swap your XRP for XRDOGE as you don’t use USD. Im still new to it but its a slick platform. Play around with it on your downtime. Google Chrome browser is needed when using Dex. You’ll need to connect your Nano Wallet to it like you would with the XRPTOOLKIT. Im figuring out also how to store XRDOGE on XUMM wallet as I want to take my XRDOGE off of Bitrue. You need the XUMM Tangem wallet to do so which I ordered last night. If XRDOGE pulls back again Ill be swapping more.
Sell them on an exchange or collect rewards/interest on them by wrapping and delegating them through the Bifrost Wallet. Bifrost providers pays out weekly Songbird as rewards every Saturday.
It works on Sologenic Dex. I just put in a test order to buy 5,000 XRDOGE with 4 XRP. It swaps it. Dex lets u connect your Nano Ledger to it and lets u swap XRP for XRDOGE. It says I have the 5,000 XRDOGE but Im just not sure where it resides as Im just learning this exchange. Is it on Dex? It can’t be on my Ledger unless Ledger holds XRDOGE? Nah. It must be on Dex. This platform is much slicker then Bitrue...thats for sure. Ill be locked n ready if this puppy pulls back again like it did the other day.
I connected my Nano Ledger to Dex and currently on the XRP/XRDOGE trading pair. I see my XRP from my Nano but not sure how to buy it. Im brand new to this platform. Learning the how to now. If I can buy it here Im going to figure out how to get my XRDOGE off of Bitrue.
Mine did the same thing! I could’ve doubled my flipping bag at .00045! I searched somewhere on my Bitrue account last night and read that I couldn’t trade it because I was in the US. I wanted to throw my lap top out the damn window! I was so pissed off because the price was so cheap. Last night I ended up sending my USDT from Bitrue to Coinbase and converted the $5k into XLM for now. I may send that XLM to Uphold and convert it back to XRP but haven’t decided yet. It added a nice amount of XLM to my bag so may just leave it. I was going to connect my Nano to Sologenic Dex and try and buy XRDOGE but when I saw the price it took the air out of me. Im going to try and connect to see if that pathway works, and if so, may just wait to pull the trigger.
BITRUE SUCKS FLIPPING MONKEY BALLS!!!!
Sologenic snapshot is on 12/24/21 and distribution is on 1/22/22. No taxes to worry about with SOLO until April 2023.
I believe Vagabond has a limited supply so try to sign up asap. The max you can get is 1000 coins and read that its a legit project with a pretty big team.
INSTRUCTIONS FOR $VGB (VAGABOND) XRPTOOLKIT:
Issuer Address: rhcyBrowwApgNonehKBj8Po5z4gTyRknaU
Token currency code: VGB
Limit: 100000000
HERE IS LINK TO REGISTER YOUR TRUST LINE WITH VAGABOND. It requires your Nano Ledger XRP Wallet Address. Only Vagabond requires this for the trust line. I only put in my XRP Nano Wallet Address and didn’t share my personal email. I left it blank. Theres one multiple choice question that asks “What would you like us to build next” I chose Loyalty Program: https://vagabondapp.io/airdrop
Thank you for link, I will check this out! I told my CPA why should I report anything if they can’t regulate accordingly. He said I understand your point but on your tax form it will ask if you’ve bought, sold or own crypto. If you want to say no because they haven’t got all their ducks in a row yet then thats on you. I of course will answer yes, but with that in mind it would just be a matter of time before Uncle Sam inquires of me and then what does one do? Avoiding the inevitable could end up costing more but regardless I need to know what kind of tax implications Im looking at. I need to gather together detailed information about Songbird, Vagabond and Sologenic drops so my CPA can give me an answer of what Im looking at.
Brutal! She’ll recover though. I regret not waiting till today to take position.
I wasn’t aware of this pathway of buying XRDOGE. Im going to look into it later this evening as I use the XRPTOOLKIT quite frequently. Thank you for the feedback.
Not sure as I didn’t try buying any other pair.
Yes it happened the other day for the first time when I tried to buying XRDOGE, which I already bought 4 times on Bitrue. I have the XRPTOOLKIT but haven’t ever connected it to Dex. I ordered a XUMM Tangem card to buy XRDOGE through XUMM wallet as it allows you to set up a trust line to convert XRP into XRDOGE. Its a new pathway and not fully abreast on it yet but I would like to buy another $5k of XRDOGE at these levels. I was trying to pull trigger at .00046 the other day when I was on Bitrue and was when I got that message. Its such dog sh** as I could of bought a 10M size block with the funds I had available.
Tell me about it!
Bittrue.
XUMM+Tangem card(s) https://xrpl-labs.com/tangem/pricing
Figuring out a new pathway to buy XRDOGE. Looks like one will need the XUMM wallet and a Tangem Card. It looks as if one can convert their XRP into XRDOGE through XUMM, in combination with a Tangem card, which can enable all XRPL features. I downloaded XUMM earlier today and now Im buying a Tangem card. We’ll see if the process works but these Tangem cards look sweet!
Such s***! I transferred 5k XRP to Bitrue and sold it for USDT last night and when I went to buy XRDOGE at .00046 it said I couldn’t because I reside in the United States. Unreal!! After work I need to either find another exchange to buy XRDOGE or transfer my USDT to Uphold and buy my XRP back. I bought 10M XRDOGE on Bitrue w no problem and now this happens. So damn frustrating!
I think your reading a little bit to much into. Perhaps the powers to be can screw us investors with heavy tax implications but don’t think the companies doing the drops are in cahoots with them to get our XRP. Ive spoken to my CPA but still need to gather Songbird, SOLO and EXFI info to him. Whatever info I get from him or how hes going to do the taxes Ill share it with you guys.
Wow its that cheap? Buying more later today! Im not sure as I got verified as high as I could. I tried getting to the highest verification but didn’t except my ID and gas bill. Im at the level where u can withdraw up to 2 BTC a day. After I buy today Im moving my XRDOGE to my XUMM wallet.
JP Morgan: "If Ripple wins SEC lawsuit, XRP is poised for significant adoption" - FinanceFeeds
https://financefeeds.com/jp-morgan-if-ripple-wins-sec-lawsuit-xrp-is-poised-for-significant-adoption/
Sorry wrong page. Please remove previous post. Thanx
JP Morgan: "If Ripple wins SEC lawsuit, XRP is poised for significant adoption" - FinanceFeeds: https://financefeeds.com/jp-morgan-if-ripple-wins-sec-lawsuit-xrp-is-poised-for-significant-adoption/
Good entry level today!
Good call with buying USDC at no cost and sending it to Bitrue. They’ll gorge you one way or the other but getting it done for $10 is good.
Yes, whenever I send XRP from my Nano to any exchange the fee is .000012. It’s basically free. Its the exchanges that scalp you.
The good news is that Coinbase did participate in the Flare/Spark (XFLR) airdrop. As of today Flare has been claimed but not yet distributed. I believe distribution was pushed back to 2Q 2022 so at this stage no one has received their Flare yet. You’ll start getting your Flare when distribution happens next year. The only downside to trusting an exchange is that your at their mercy and cant participate in the current test net that was launched with Songbird, EXFI, Solo and more. You needed your claimed Flare to get those Songbirds. It bogus that all the exchanges that participated in the Flare drop didn’t participate in Songbird and in the other airdrops that will follow. All they needed to do was open the door but what can u do other then make noise about it. A lot of coins are going to waste but you will be getting your Flare so no worries about that.
Interesting perspective. Took a snapshot of this post and will share it with my CPA. Curious of his response.
Spoke to my CPA and he said to get him all the information for the coins that were dropped. He said he needs that info to look into the tax implications. This year the drops that will end up counting for 2021 would be Songbird, EXFI and Solo but will have to find this info about these coins and the airdrops.
It will keep it frozen for a little while....by tomorrow you should be able to buy XRDOGE with your USDT.
Yes, buy XLM on Coinbase and send it to Bitrue. Thereafter use the XLM/USDT pair and sell your XLM for USDT and then use your USDT to buy XRDOGE with the XRDOGE/USDT pair.
Im not familiar with XUMM but going to set one up asap to put my XRDOGE on.
LOL!
Yes I do believe its 10 XRP now. Doing the XUMM wallet may be the easier option for u now.
Thats strange as I have a Nano S as well and have “Help” as one of the tabs that gives user options. I wouldn’t reset it as I would assume thats not the issue. I believe if u reset it you get a new passcode which is fine but that can’t be the issue as you already done other trust lines with the XRPTOOLKIT.
I remember that rule, which is ridiculous. I had some XRP sitting on Uphold for sometime and used that to do my transaction. The rest of the XRP I used I sent from my Nano to Bitrue.
Do u have a debit card or bank account connected on Uphold? If so you can buy XRP and then send that to Bitrue to sell it into USDT and buy XRDOGE with that USDT or buy XLM on Coinbase and do the same.
Yeah, I wouldn’t use a credit card to buy either. You need USDT to buy XRDOGE on Bitrue. I sold some of my SGB and XRP (SGB/USDT or XRP/USDT) to get USDT in my wallet to buy XRDOGE. Thats the pathway I used. The main reason I set up a Bitrue account was to have a pathway in selling my SGB rewards which Im aiming to do after the EXFI drop. Bitrue has SGB/XRP pair and can sell my SGB for XRP and then send that XRP to Uphold to sell.
You can use your Songbird or your XRP to buy XRDOGE. I used some of my SGB rewards and XRP to do so. I didn’t want to use to much SGB as the EXFI drop is coming up which is based on how much SGB bird you hold (235 SGB = 1 EXFI). Use the pair XRP/USDT or SGB/USDT to sell. Thereafter, buy XRDOGE/USDT. Its trading at .0007 right now. I still need to create a XUMM wallet and get my XRDOGE off the exchange. Im looking to add another 5M XRDOGE to my bag and .0007 is sick prices. I bought at .001 and .0008.
Yes, I second that!
I will certainly share what I find out. Thank you