Hello everyone, I have followed this project since 2017, but only from the sidelines reading the weekly updates, and now at these current price levels I am ready to make an investment into the project, as I believe it will provide a large ROI if the project is successful, although I realize it is a high risk investment. The only previous crypto investments that I have made are in large cap coins, such as Bitcoin and ETH, where it is very easy to figure out how to buy and then store them.
First off, what exchanges can I even buy maidsafecoin currently at (I’m in Florida, USA), it seems none of the major exchanges have it available, or if they do its not allowed for US residents. Then once you buy the maidsafecoin, what do you do to safely store it off the exchange.
Try Uniswap, just need some ETH and you can use it to buy eMAID on the eMAID/USDC pair (automatically exchanges your ETH for USDC at best rate, ETH is needed for the transaction gas fee).
Those MAID the are the old original flavour and simpler to understand imho. Those coin sit on a BTC address and are simple to store because it’s just the BTC private key you need.
Perhaps boils down to whether you understand BTC or ETH…
Cex I read as centralised exchange… and certainly you don’t want to hold what you can’t afford to risk… send out to a BTC address you control the private key for, is basic.
Still I will continue to prefer BTC like option as MAID, over ETH, as despite going to the first ETH meetup I never was persuaded. BTC is simple to understand and not obvious ETH is quite the same… or what market exists now… if it’s evolved that would be good to make visible.
BTC I understand… it’s literally plain text and you keep the private key you control, private… so noone else can action a transaction.
ETH is a contract… or layers of complexity that smell like proprietary… probably completely wrong impression but its a hurdle…
I keep it simple then and stored safely without a worry of some contract hack or code slippage… again unfair probably.
On the upside and to their credit it seems ETH are most energy friendly now…
But back on topic … it perhaps matters too what markets there are… and unclear if selling ETH flavour is an option… is uniswap a buy only burn option from some pool or sell option now too?.. and is storing ETH anything like BTC??
New users have there initial couple of posts put into an approval queue for moderators to approve.
I had approved the post and the next post in the queue was spam.
That post was approved and posted then for some reason the system deleted it. I undeleted it and the system had taken ownership for some reason. Its never happened before and the mods will keep an eye out to see if it happens again.
Yea I just fully read it after your post @mav and it seems to be just crap pulled out of a generic crypto FAQ question and slightly modified for “MaidSafeCoin”.
After searching the logs the reason for the mishap was the other spam post in the approval queue was actually the same user and its all been deleted. Sorry for the mishap people I should have just left that post deleted in the first place. Tried to be fair and that was a mistake this time LOL
Everyone, feel free to flag any post like this in future and you can choose the option to provide an explanation for the flag.