XWEALTHBOX Blog

Etherscan There are many ways to check the balance of your Ethereum wallet.  This guide will go over how to check it using Etherscan, which is an Ethereum block explorer.  If you want to check your balance using MyEtherWallet (MEW), check out my other post here . Block explorers are basically interfaces that allow you to view the activity on a blockchain.  Most provide effortless ways to look up your account balances, transactions, and other pertinent information.  You do not need to create an account to use these, just plug in your wallet address and you should be good to go! Steps to Check Your Balance Go to Etherscan, link is here Type in your wallet address in the search bar located at the top right and click “GO” If you only have ETH you are done. You should see a screen like the below screenshot, which shows your ETH balance. Go to the next step to see how you view non-ETH tokens. If you have more than ETH in your ...

This is a quick tutorial on how to add token to your wallet. You will need an Ethereum wallet that supports ERC-20 tokens in order to receive any  tokens purchased or earned through airdrop. In this tutorial, we’ll  assume the token name is SETH and show you how to add them to MyEtherWallet and MetaMask . Adding your tokens to MyEtherWallet . Step 1: Click ‘Send Ether & Tokens’ and unlock your wallet. Step 2: Under ‘Token Balances’ click ‘Add Custom Token’. Add these details and hit save: Our Address: 0x78B039921E84E726EB72E7b1212bb35504c645cA Token Symbol: SETH Decimals: 18 Step 3: You’ll see your SETH allocation under ‘Token Balances’. Adding your SETH Tokens to MetaMask : Step 1: Unlock your wallet. Enter your password and unlock your MetaMask account. Step 2: Under ‘Tokens’ click ‘Add Token’. Step 3: Add the following details and hit ‘Add’. Our Address: 0x78B039921E84E726EB72E7b1212bb35504c645cA Token Symbol: SETH...

How to trade This guide assumes you already have a working account and you have deposited to EtherDelta. This means you should have a balance in the "EtherDelta" column. You should also have some ETH in the "Wallet" column to pay for gas fees when you trade. Pick a token to trade. This guide will assume you have chosen PLU. Most tokens are listed in terms of ETH. For example, a price of 0.03 PLU/ETH means 1 PLU costs 0.03 ETH. In the order book, there are green orders and red orders stacked on top of each other. Green orders are people who want to buy PLU. Red orders are people who want to sell PLU. If you want to buy PLU, you can click a red order. If you want to sell PLU, you can click a green order. EtherDelta only allows you to match against one order per transaction. You can't do a "market buy" that trades against multiple orders at once. Partial fills are allowed. For example, if there is an order to sell 100 PLU, you can click...

👉 Crypto-Currency as a Medium of Exchange To understand what cryptocurrencies are, it is important to reflect on the meaning of money. We value money for what it can do for us, yet we do this as automatically as we breathe. For centuries, we have used various forms of currencies to trade and buy; currency is a medium of exchange, and usually, we refer to it as fiat money. Fiat money is simply the term we use for legal tender as declared by a government. In Latin, fiat means “it shall be.”  👇 However, money was not always a piece of paper with intricate designs like it is today. At one point following the evolution, it took the form of a feather, a stone and even a shell. Money’s value depended on its appearance or condition, and at times it was merely valued because of its beauty or practicality. However, the real value was ultimately based on its availability since the item was often difficult to acquire or produce. 👉 What is a 'Cryptocurrency'? According to inv...

** What Is an Airdrop? ** A crypto airdrop is when a CryptoCurrency project distributes free tokens/ coins as a reward to the people who perform certain tasks at these project's request. The tasks here could be following a particular social platform, sharing a particular content, or commenting, liking, or joining in a particular thread. These Cryptocurrency projects use an airdrop as a marketing campaign and people like you and me get benefit out of it. To be a recipient of an crypto airdrop often the only requirement is that you sign-up with few details and/or share a word about them on social media. That's all depending on the particular Airdrop campaign It seems that every day a company launches an Initial Coin Offering (ICO). It is much harder to stand out with how many are out there. Instead of ruthlessly promoting themselves all over the internet, the team behind the new ICO will look at the blockchain of an already established token and gather up every perso...

This glossary unpacks common terms you might encounter in the world of digital currency. aa Altcoin: A digital currency that is not Bitcoin. There are thousands of altcoins with varying values and use cases. Arbitrage: The simultaneous buying and selling of securities, currency, or commodities in different market regions to take advantage of differing prices for the same asset. Ask: A sell order. bb Bid: A buy order Bitcoin: The first digital currency built on a blockchain and capped at 21 million units. Created by Satoshi Nakamoto in 2009, Bitcoin is the original cryptocurrency. Bitcoin Cash: A digital currency, which hard-forked from Bitcoin on 1 August 2017, with bigger block size, intended to let miners process more transactions per block. Blockchain: A decentralised network that records transactions, much like a traditional ledger. These transactions can be any movement of currency, goods or secure data . Blocks: Contain transactional information. Blocks can ...

What is a cryptocurrency airdrop ? A crypto airdrop is a systematic process where a blockchain project distributes free tokens or coins to the crypto community. What are required for airdrops ? Airdrops require that anyone who wants to participate should have the following: 1. A ETHEREUM WALLET: A ERC20 wallet like https://myetherwallet.com which is your personal crypto (ethereum) wallet address where your tokens or cryptocurrency will be sent to you. 2. A Telegram account: Mandatory to stay abreast of the crypto airdrop that you have joined. Install Telegram in your phone by searching for it in Google Play Store. 3. A Bitcointalk account: This is optional but you must have it should in the case it is required in a particular crypto airdrop that you want to join. To create an bitcointalk account, follow, http://www.bitcointalks.org 4. A Facebook account: This is optional but you must have an active facebook account in order to participate in most crypto airdrop . 5. A ...