A Technical I.T./DevOps Blog
Problem scenario
You are trying to send Ripple coins to a Trezor wallet. You get a prompt like “Are you sure that this transaction doesn’t require a MEMO to be successful?” or “This transaction has no destination tag, are you sure it is not required to be successful?
Do you need to include a memo or “destination tag” when the Ripple coins or Stellar Lumens are going to a Trezor wallet or Ledger wallet?
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Problem scenario
You want to know if Binance has high fees with withdrawing cryptocurrency. It seems that withdrawing USDT (Tether) is going to cost a significant amount. But you want it in your wallet. What should you do?
Possible Solution #1
Trade the USDT for XRP or some other coin.
As of March 2024, it seems that you can buy XRP with USDT on Binance and the withdrawal fee for putting XRP into a wallet would be much lower (than a comparable amount of USDT).
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Continue reading “Does BinanceUS Have Costly Fees when Withdrawing Coins?”
Problem scenario
You do not see an option for USDT. You want your Trezor wallet to hold USDT. What do you do?
Solution
Use the Ethereum address on your Trezor wallet. You can also use Changelly if you need a platform to do the exchange.
Once the exchange is complete, in Trezor, you go to “Ethereum” and click on the “Tokens” tab to view your USDT.
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Continue reading “How Do You Transfer USDT to Your Trezor Wallet?”
Problem scenario
You do not see an option for NMC. You want your Trezor wallet to hold NMC. What do you do?
Solution
Use the Ethereum address on your Trezor wallet. You can also use Changelly if you need a platform to do the exchange.
Once the exchange is complete, in Trezor, you go to “Ethereum” and click on the “Tokens” tab to view your NMC.
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Continue reading “How Do You Transfer NMC to Your Trezor Wallet?”
Problem scenario
You do not see an option for AGIX. You want your Trezor wallet to hold AGIX. What do you do?
Solution
Use the Ethereum address on your Trezor wallet. You can also use Changelly if you need a platform to do the exchange.
Once the exchange is complete, in Trezor, you go to “Ethereum” and click on the “Tokens” tab to view your AGIX.
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Continue reading “How Do You Transfer AGIX to Your Trezor Wallet?”
Problem scenario
With your Trezor wallet, you want to send cryptocurrency. You copied and pasted an alphanumeric address (and all the letters in it were lowercase). You get the message “address is not valid” when you try to send the cryptocurrency from your device. What should you do?
Possible solution
Case sensitivity can be an issue. Can you click “Convert to checksum address”?
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Continue reading “How Do You Troubleshoot the Trezor Message “Address is not valid”?”
Problem scenario
You want to buy silver, gold or platinum, but you do not want to have to pay a sales tax.
Solution
Many states in the U.S. do not have a sales tax on precious metals. If you buy a certain amount, there is a good chance you will not have to pay a sales tax. To read more,
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Continue reading “How Can You Avoid a Sales Tax when Buying Silver, Gold or Platinum?”
Problem scenario
The toilet seat keeps falling down. You cannot clean the toilet with one hand. How do you keep the toilet seat up?
Possible Solution #1
Look at the back of the seat. There may be two plastic covers of bolts that attach the seat to the toilet. Lift the covers, and then look to see if they are parallel and securely fastened.
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Continue reading “How Do You Fix a Toilet Seat That Will Not Stay Up?”
John Howard Griffin, author of Black Like Me, Eric Hoffer, author of The True Believer, and Aldous Huxley, author of Island and Brave New World, have all influenced the world greatly.
Did you know that these three authors could initially see in childhood, then lost their vision for one or more years? When they regained their vision,
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Question
You have heard of smart contracts in cryptocurrency contexts. What is a smart contract?
Answer
It is a automated or self-executing bid to buy or sell cryptocurrency when a condition is met (e.g., a price point is reached). As with stock trading with limit orders based on price, a smart contract is the equivalent with cryptocurrency. Usually the contract will execute exactly with the parameters you set forth or more in your favor (e.g.,
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