Connect crypto.com Defi wallet to Metamask through your recovery phrase. Crypto.com Defi wallet and Metamask are two of the most used cryptocurrency wallets in the world. Learning how to connect them through importing one to another can help you throughout your crypto experience.
How to connect crypto.com Defi wallet to Metamask?
1. Open your crypto.com Defi wallet and copy the recovery phrase.
2. Download the Metamask wallet app or extension from metamask.io. Open the wallet and click on “import using secret recovery phrase.”
Set Metamask wallet app
3. Paste the recovery phrase and set a strong password for your wallet.
Connect crypto.com Defi wallet to Metamask
Now you have learned how to connect crypto.com Defi wallet to Metamask. Remember that your recovery phrase is important, and losing it or showing it to someone else can lead to scams and losing all your assets.
Here, we tried to teach you how to connect crypto.com Defi wallet to Metamask. Just follow these three steps, and you will see your wallet connected to Metamask in no time.
Dow futures opening time on Monday in US and UK is the common discussion of our article today. Founded in 1896, the Dowjones Industrial Average (DJIA) is one of the oldest stock indices. Its performance is widely regarded as a useful indicator of the overall health of the US stock market.
Here, you can find all the information about the dowjones trading hours in the New York stock market and Dow futures opening and closing hours.
Dow Jones trades from Monday to Friday from 9:30 am EST to 4:00 pm EST. In this market, transactions are done in the form of a continuous action, and traders trade face-to-face with investors and gather around a trusted trader and a market supervisor, which is determined by the stock exchange.
By charging a commission corresponding to 10%, Observers in the New York market transfer the information desired by the buyers to the sellers and vice versa. Go to How the New York Stock Exchange Works to learn more about the New York stock market. In this section, we talked about dowjones trading hours. Now, let’s learn about Dow futures hours.
What time does Dow futures start?
What time does Dow futures start?
Dow Futures starts on Sunday at 5 p.m. EST and closes at 4:15 p.m. EST on Friday. During these hours, reporters and professionals can get an idea of the attitude of investors toward prices and market potential.
When the stock markets are closed, the value of the Dowjones futures changes based on where traders think the index will open on the next day.
Overnight news and financial events from around the world affect futures prices.
Trading futures uses financial instruments to predict market price changes. The Dowjones index is a clear example, and investing is the direct ownership of capital, such as the shares of companies that make up the Dowjones financial index. Therefore, this index can be used to monitor the overall market and reduce investment risk.
What time does Dowjones open UK time?
Dow’s futures opening time on Monday in the UK is 1:20 pm, and Dowjones start trading at 2:30 pm.
Is Dow futures 24 hours?
Is Dow futures 24 hours?
While the stock market is only active 6.5 hours a day, Dow futures are traded nearly 24 hours daily from Sunday to Friday. The trading hours of Dow futures are explained in the previous section. The futures market is closed on Saturdays.
Conclusion
It is necessary for every trader of financial markets to know the Dow futures opening time on Monday and trade and invest based on the Dowjones index. The DowJones Industrial Average is a stock index that reports the performance of 30 of the largest companies in the United States.
The Dow futures trades nearly 24 hours a day, six days a week, but the stock market is only open from 9 a.m. to 4 p.m.
Is sending crypto to another wallet taxable, and should we be worried about the tax price for transferring crypto? Crypto users transfer assets from an exchange to a wallet because of security and availability. Since these are common in the crypto community,
users are wondering if there’s a crypto transfer tax when transferring crypto between wallets. In this topic, We’re answering that question without being specific to the crypto tax laws in any country
Generally, no. Some authorities require crypto users to declare all profit, whether done through trading or converting their cryptocurrencies for another asset. However, in most cases, when transferring crypto from one wallet to another, you still hold your assets and haven’t made gains, so taxes won’t apply.
Crypto to another wallet tax
Cryptocurrencies may also be taxable when you declare them as your source of income. You may be charged crypto transfer fees, which the platform usually automatically deducts from the assets you transfer. To learn more about transfer fees and their taxes, go to koinly.io.
In this article, the question ‘Is sending crypto to another wallet taxable’ has been answered. Transferring crypto assets from one wallet to another is not taxable because you are not making any profit. Please note that this shouldn’t be considered financial advice. Reach out to a professional for personal tax questions.
Are crypto derivatives financial instruments, and is crypto itself a financial instrument? These questions are important because derivatives, such as futures, can benefit small companies if used correctly.
If these are inappropriately used, then these might cause the organization to suffer huge losses and bankruptcy. Stay with us through this article to learn about crypto derivatives and their financial status and examples.
Financial instruments are tradable contracts that can be created and modified. Stocks, bonds, cash, or derivatives are some examples of financial instruments. Cryptocurrency cannot be considered a financial instrument because it cannot be converted into other financial instruments.
Now you know the meaning of financial instruments and some of their examples, but what about crypto derivatives? Are they financial instruments? What is the Difference between Financial Services and Fintech? Let’s find out.
Are crypto derivatives financial instruments?
To answer the question” Are crypto derivatives financial instruments or not” first, let’s see what crypto derivatives are.
Are crypto derivatives financial instruments?
Crypto derivatives are financial contracts whose value comes from a primary asset. These derivatives’ primary assets are cryptocurrencies, such as Bitcoin or Ethereum. The main crypto derivatives are futures and perpetual contracts.to learn more about future contracts, go to Understanding Crypto Futures Contracts.
Now that we know the concept of crypto derivatives and their examples let’s answer the main question.
Crypto derivatives, like futures, are financial instruments. Derivatives are one of the main financial instruments, and this is simply because they derive their value from another contract or a main asset. The contract will be a crypto derivative if this main asset is a cryptocurrency.
Conclusion
crypto financial instrument
In this article, we focused on the subject of “Are crypto derivatives financial instruments” that can help traders to know the secondary contract and its primary asset. Cryptocurrency itself is not a financial instrument, but crypto derivatives are. This is because crypto can not be traded for another financial instrument. On the other hand, crypto derivatives derive their value from other assets, such as BTC or ETH.
How to swap BTC to smart chain on Trust Wallet is a matter that you may concern about while using Trust Wallet. It would seem wise to keep all your coins and digital assets in a Trust Wallet. Nevertheless, there may be certain restrictions if you wish to be able to utilize the Trust Wallet software for currency exchange.
Consider the scenario in which you wish to trade Bitcoin for BNB in your wallet. Can this be done? Let’s discuss it now. This article will show you how to swap BTC to smart chain on the Trust Wallet app and go over all the information you need to know.
Also, some other procedures for swapping BNB to the smart chain have been explained in detail, providing the related information about some errors you may face during the swapping process.
Do you want to know how to swap BTC to smart chain on Trust Wallet? If you want to swap your BTC for BNB, Trust Wallet is a fantastic choice; keep reading to learn how to swap BTC to smart chain on Trust Wallet. Trust Wallet is a safe, decentralized wallet that supports many cryptocurrencies.
Besides BTC, Trust Wallet also supports many other well-known cryptocurrencies, including ETH, BNB, ETC, and LTC. Since Trust Wallet is a non-custodial wallet, you have complete control over your private keys.
To answer the question “How to swap BTC to smart chain on Trust Wallet,” we should say that a direct swap of BTC to BNB on Trust Wallet is impossible. This is because swapping is network-specific. Although Trust Wallet permits multi-chain transactions, there are several fundamental restrictions on tailored swapping.
Your cryptocurrency assets can be stored, purchased, and sold. However, switching from BTC to BNB requires a distinct process. You have to use BTCB coin instead. BEP2 (BTCB) was introduced in June 2019 by the well-known cryptocurrency exchange Binance. BTCB is linked to the price of Bitcoin (BTC) and is backed by BTC reserves. Accordingly, you will be able to swap your BTCB to BNB. The process is as follows:
Swap BTCB to BNB
Tap on the “swap” option on the top right.
BTCB
The next step is to choose “BTCB” in the “You Pay” section, and “BNB” in the “You Get” one. In the end, you can select the amount of BTC that you want to swap through prepared amounts (written in percentages) or manually typing. Tap on the “swap” option on the page’s blue box.
Swap BNB to smart chain Trust Wallet not showing
After describing how to swap BTC to smart chain on Trust Wallet, it is time to address how to swap BNB to the smart chain. First, it should be said that the BNB is a centralized token that depends on the Binance platform. The firm encountered a surge of people trying to purchase BNB in 2021, which resulted in a complete halt of withdrawals.
One of the most practical options is to exchange BNB for the smart chain; to do this, you will require a Trust Wallet account. The techniques are rather straightforward, despite their difficulty. Accordingly, you can perform your swapping action as easily and clearly as possible. Therefore, the relevant procedure will be as follows:
Swap BNB to smart chain Trust Wallet not showing
Tap on the “swap” option on the top right. You will be provided with this page. Select “BNB beacon chain” on the “You Pay” part and “BNB Smart Chain” on the “You Get” one.
BNB beacon chain
Afterward, you must choose the amount you intend to swap (manually or using the prepared percentages). In the end, tap on the “Swap” button on the blue box.
Sometimes, the likelihood of some errors exists in your procedure. “Swap BNB to smart chain Trust Wallet not showing” has been among these errors. You have to operate accurately while swapping your tokens or coins in order not to face the relevant errors.
Trust Wallet swap BNB to smart chain insufficient balance
You got acquainted with how to swap BTC to the smart chain on Trust Wallet and swap BNB to the smart chain. Now, it is time to check another error that you would encounter throughout the process. Whenever you discover the “Trust Wallet swap BNB to smart chain insufficient balance” error, Trust Wallet wants to show that you do not have enough BNB to swap.
Trust Wallet swap BNB to smart chain insufficient balance
However, it is also an illustration of the BNB smart chain shortage. The reason behind this issue is that an amount of BNB smart chain is a prerequisite for swapping BNB to smart chain.
It is because the swapping fee has to be paid in the BNB smart chain. Thus, the error “Trust Wallet swap BNB to smart chain insufficient balance” can indicate the insufficiency of both the BNB beacon chain and BNB smart chain.
Investors in cryptocurrencies are secure using the Trust Wallet software itself. If you work in the cryptocurrency business frequently and want to switch these coins out and trade them as usual, swapping BTC for BNB is crucial.
Hence, it would help if you read the guidelines on how to swap BTC to smart chain on Trust Wallet and the possible issues that will occur to be prepared to deal with every potential problem.
Trust Wallet provides you with the simplest methods of swapping, making you able to conduct your desired actions.
Besides, to safeguard your BNB-to-smart-chain transactions, Trust Wallet has many security features. Swapping is possible since the procedure is anonymous and safe and works with whatever device you may have. It can include your phone and your private computers and systems. At last, we hope that this article is useful for you.
Web3 games market size is gaining growth day by day. Web3 is transforming the gaming industry through cutting-edge game features that utilize blockchain technology, cryptocurrencies, and non-fungible tokens (NFTs). In several respects, it democratizes gaming and gives players greater chances to thrive.
This model is the first model that provides the players with this much power over a game. They may distribute that power over the entire ecosystem, as opposed to focusing it on just one game. Web3 gaming invents a brand-new game genre and permits the incorporation of our past.
Web3 is poised to defy convention, open up a whole new world of decentralization, and present new commercial prospects, expanding the market for web3 technology.
The web3 games market size is anticipated to increase by around $23.3 billion by 2028.
Thus, the extent of Web3 games market size arises as a question in users’ minds. To find out the information you need, read this article.
Web3 gaming is a decentralized gaming process in which any central authority is removed from the operations of a gaming ecosystem or gaming platform, especially the ownership of gaming assets and decision-making in all game-related areas.
In order to create Web3 games, blockchain technology has been used to let the players decide on the time and manner of playing games. By providing asset trading, tradeable game tokens, and chances for players to earn in cryptocurrencies while playing, Web3 gaming provides the groundwork for play-to-earn for users and transforms the pay-to-play component.
Web3 Gaming Market
For the gaming business, Web3 gaming offers fair virtual marketplaces where gamers may access and completely control in-game digital assets. These particular resources are preserved as gaming NFTs. By connecting in-game assets and players across platforms, web3 gaming also offers extensive interoperability among multiple gaming environments.
The sort of blockchain platform used for creating a gaming ecosystem will affect interoperability. For example, the interoperability capability in cross-chain communication bridges is offered by Polka dot or Solana.
Over the past two years, web3 gaming has undoubtedly revolutionized the gaming industry. Its expansion is not expected to slow down anytime soon. Web3 gaming is particularly alluring because, in contrast to traditional gaming, it opens up game businesses and economic models that are advantageous to everyone.
Players, investors, developers, and game designers have the ability to participate in the value produced through their involvement, contributions, and roles in gaming ideas that frequently give incentives in the form of cryptocurrency and in-game awards.
A report claims that since August 1, 2022, projects for the Metaverse and Web3-based gaming have raised $748 million. Compared to July, this represented a 135% rise in Web3 games market size. This further demonstrates the increasing need for this specific industry.
Web3 Games Market Size
Additionally, money keeps flowing on this platform. Expectations for this year’s expanding industry’s overall investment volume increased by 20% to $10.2 billion, enhancing the Web3 games market size. One of the largest Web3 prospects in history, in our opinion, is gaming. The whole addressable market will be significantly larger than it is today, with in-game merchandise accounting for $100 billion of that total.
Gaming on blockchains might have an $8 trillion industry, according to Wall Street behemoth Morgan Stanley. Additionally, according to a report for May 2022, blockchain gaming activity is still increasing by 197% year over year. In all honesty, this makes the cryptocurrency gaming industry more robust.
In fact, the number of distinct active wallets (the equivalent of “users” in the crypto world), or those linked to wallets, in Q1 2022 was just 2% lower than the Q4 average in 2021. The industry drew around 900,000 distinct active wallets in June this year, making up 52% of all activity.
Web3 gaming’s transition is a logical development. The sector of gaming is expanding quickly and has the potential to drive technical advancements. Thanks to the new technologies that result from this move to web3, gaming will be at the forefront of technological breakthroughs.
Web3 games transfer
As it is evident, the Web3 gaming market size is also extending as time passes. Players and end users are also highly outspoken and obvious. To stay up with shifting situations, studios and developers must also be aware of their deliverables.
In fact, you can use the current time as a chance and a great time of playing web3 or blockchain games. The opportunities are vast and will only grow as more businesses switch to web3.
How much does it cost to mint nft is One of the most important questions that users ask. It is not possible to determine exactly how much the fee for making NFT is, but it can be roughly estimated by examining various factors.
You always hear about the latest popular NFT collection that just hit record sales, but how much does it cost to mint NFT and how much of the proceeds from the token sale is considered net income?
GameStop NFT Marketplace charges2.5 percent per transaction on the platform. The fee is assessed based on the selling price of the NFT. Creators on the marketplace can set NFT-making fees as they see suitable.
On binance Smart Chain (BSC), a fee of 0.005 BNB must be paid per NFT. The NFT Minting fee on Ethereum is 0.001 ETH. Please note that minting fees can be charged in BNB or ETH. You can read about the latest BSC gas prices here.
How much does it cost to mint NFT on Binance?
How much does it cost to mint NFT on opensea?
So How much does it cost to mint NFT on popular NFT marketplaces such as opensea? The cost of making NFT in opensea is free, and you can keep your NFT in your wallet for the rest of your life, but if you want to sell your NFT, you have to pay the price. The amount you pay varies depending on the NFT and can range from 70 dollars to 300 dollars.
Minting an NFT is free if you choose the Polygon network. You don’t need to pay anything upfront to mint NFTs on Polygon. The platform’s default use of the lazy minting option is essential when you mint an NFT on the Polygon.
However, after the NFT is sold, the platform assesses a 2.5 percent service fee that is deducted from the selling price. Despite the fact that you are using the Polygon network, the selling price will be in ETH. For more information about the highest-selling NFT prices, go to Top 100 NFT Sales of All Time.
Conclusion
According to the reviews that were done on How much does it cost to mint nft, you realized that the cost of making NFT is not so high. In fact, if you choose a popular platform like Opensea and finally check the Mint option, it can be completely free.
Transfer USDT from Ethereum mainnet to other networks needs using the cross-chain bridge. This method enables transferring assets between various blockchains. Cross-chain bridges are an essential part of NFTs and cryptocurrency swapping.
How to transfer usdt from Ethereum mainnet to binance smart chain
To transfer usdt from the Ethereum mainnet to the binance smart chain (Bep20 wallet address), you will need to bridge assets. Follow these steps and set up your cross-chain bridge:
1- Log in to your wallet and choose the Ethereum mainnet as your network, then on the browser section search cbridge.net.
In this section, we have chosen cbridge as the bridge network, but there are other bridges as well, which we will talk about in other sections of this article.
2- Click the connect wallet button on the website.
3- After connecting your wallet, choose Ethereum mainnet on the send section and choose binance smart chain on the receive section.
4- Enter the USDT amount
5- Go to your binance profile and copy the USDT address and paste it on the wallet address section
Transfer from Ethereum mainnet to binance smart chain Metamask
There are many bridge websites to choose from on the internet, but here, we have chosen anyswap and gathered a step-by-step guide for you to learn how to use it.
1- Open your Metamask app and on the browser section type any swap/bridges
2- Go to binance and copy the wallet’s address
3- Connect your Metamask wallet to anyswap. Keep in mind that you need to choose the Ethereum mainnet for this transaction
4- Select your desired token
5- In the first box select the Ethereum mainnet and in the second box choose the Binance smart chain
Learning how to transfer usdt from Ethereum mainnet to other networks is the solution for traders who want to spend, swap, or invest their assets on other blockchains.
Connect your wallet to a trusted cross-chain bridge website and transfer your tokens from the Ethereum network to other networks. Keep in mind that some of these bridges may cost more fees than others.
Transfer USDT from Metamask to Binance by learning these simple steps. Metamask is a wallet that can be used in the form of an extension in the Chrome browser and a user-friendly application on a mobile phone, with which you can easily transfer your cryptocurrencies and benefit from other features.
If you don’t know how to transfer USDT from Metamask to Binance and conversely, reading this page can help you.
How to send USDT from Metamask to the binance account?
1. Open binance, then go to [Wallet] > [Fiat and Spot].
2. Click on [Deposit].
3. Select USDT as the coin to be deposited.
4. Select “Ethereum (ERC20)” as the network.
5. Click the Copy icon to copy your Binance ERC20 USDT address.
6. Launch Metamask and switch to the Ethereum Mainnet.
7. Click on your USDT balance, then select [Send].
8. Paste your Binance USDT address and enter an amount.
9. Click on [Next].
10. Review the transaction details, then hit [Confirm].
In this section, we taught you how to transfer USDT from Metamask to Binance on the Ethereum network. Next, we will learn how to do the same thing on polygon networks.
How to transfer USDT from the Metamask polygon to Binance?
In this part, we are going to talk about how to transfer USDT from Metamask to Binance on polygon network.
Open Binance, then click on [Wallet] > [Fiat and Spot].
1. Click on [Deposit].
2. Select Matic as the coin to be deposited.
3. Select “Matic (polygon)” as the network to be used.
4. Click on the Copy icon.
5. Launch Metamask and switch to the polygon Mainnet.
6. Click on swap and swap your usdt to matic.
7. Click on Matic and then send.
8. Paste your Binance Matic address and enter an amount.
9. Click on [Next].
10. Review the transaction details, then hit [Confirm]
11. After that, you can swap your Matic for USDT in binance.
So now you know how to send your USDT coins from Metamask to binance using the polygon network, now follow the next tutorial to learn how to send your coins from binance to metamask.
How to transfer USDT from binance to Metamask wallet?
1. Go to your Metamask wallet and choose the BSC mainnet.
2. Click on USDT
3. Receive
4. Copy the address
5. On binance go to your wallet and click on withdraw. Select USDT.
and
6. Copy the address from step 4.
7. Choose BEP20 in the network section.
8. Click on withdraw.
9. Confirm the transaction
With these step-by-step instructions, you are able to send USDT from Binance to Metamask and conversely on different networks such as polygon and Ethereum.
In this tutorial, we showed you how to transfer USDT from Metamask to Binance and conversely. By following these simple steps, you can send your USDT tokens to binance without any problem, and you can know How to add busd to Metamask from the link.
Just make sure to choose the right network for your transaction. There are three networks on the Binance exchange for you to transfer your USDT directly. But you can use other networks such as polygon too to swap your coins and then send them.
Metamask cancel transaction and replacing transactions are two of the most requested tutorials in today’s online community. Normally, transactions are confirmed in a short period.
But sometimes, due to various reasons such as the high volume of network transactions or selecting inappropriate fees, the verification of transactions takes more time. Remember that as long as the transaction is in the “pending” state, it is possible to replace or stop it.
On “Metamask cancel transaction”, we will discuss how to cancel a pending or failed transaction or replace it with a new one. In the blockchain, once a transaction is confirmed and finalized, it can never be canceled, replaced, or reversed. One of the unique features of blockchain is the irreversibility of transactions after registration.
The easiest way to cancel the transaction is to select ‘’Cancel’’ instead of Speed Up in the transaction window above. But this method only works on pending and failed transactions. The other way to cancel a transaction is to use the custom nonce, which we will describe below.
How to cancel the Metamask transaction?
How do I cancel a pending transaction on Metamask?
1. Open your Metamask page. Add the Metamask extension from the Metamask extension.
2. Click on your profile picture and then click on settings.
Click on your profile picture and then click on settings
3. Select advanced.
4. Toggle the advanced gas controls on.
5. Scroll down and toggle customize transaction nonce on.
6. Go to the Metamask top page and click on assets. Find the token type of your transaction.
7. Find your pending transaction in the Queue area. Click on your transaction for more details.
8. Take note of the nonce entry.
9. Create a new transaction to replace the last one and increase the transaction fee.
10. Change the nonce to the number you wrote down in step 8.
11. Click confirm now you have canceled a pending transaction and replaced it with a new one.
If you have already gone through canceling your Metamask transaction and changing the custom nonce and the Metamask cancel transaction doesn’t work, you can just reset your Metamask. To reset the Metamask Follow these steps:
1. Open the Metamask settings.
2. On the advanced section, click on reset account.
3. Click on reset.
This method will delete your transaction history and won’t change your balances.
In this step-by-step guide, We talked about how to reset your account in order to cancel your transaction and how to replace your transaction with a new one so that Metamask stops showing you the “pending” sign.
Learning how to Metamask cancel transactions is one of the essential things you must learn. Also learning How to add busd to Metamask. If for any reason, including insufficient fees, your transaction remains suspended for too long, you should be able to cancel it or replace it with a new transaction. The purpose of this substitution is to choose the appropriate fee so that it can be given a higher priority than other transactions.
