It seems Kraken won't offer Monero and after some reading it seems like its on a fast path toward exclusion by our government overlords due to the strength of the privacy elements. Washington state in US seems to have unique hurdles to overcome with coins in general. Any advice on how to buy with USD (hopefully via debit card) is helpful. New to coins to be kind : )
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Hello to all,
First, I want to start this discussion by specifying that I have nothing against CakeWallet, I only want to talk about their marketing on this sub-reddit nothing else.
For the past few months, I've been following this sub-reddit on a regular basis as I'm a big Monero user. I look at a lot of questions and hesitate very regularly to create an account to answer them. In doing so, I often notice new users asking how to switch from Bitcoin to Monero or others asking for a wallet where to store them. I have nothing against CakeWallet "ads" when the person themselves are looking for a place to store them (when it's not excessive) but on the other hand, I find it goes too far when a user asks how to get Monero. This is where I think the dilemma begins.
I see far too many "Use CakeWallet it offers exchange!" messages on this kind of request, if this wallet offered an internal exchange solution where no other third party is involved I would agree with it, but in this case it's not. The 2 exchangers are available online and the exchange can be done WITHOUT the need to download the application and make the exchange on it. In this case, many will say to me "But they need a wallet" or "It's more safe!" but in most cases, these users already use a wallet and don't expect to be given another one just to make an exchange, regarding the fact that it's more "secure", giving a link directly or giving the list of possible exchanges from the official website seems more suitable to me.
Here are some examples of what I am talking about: 1- https://www.reddit.com/r/Monero/comments/iirl1m/should_i_trust_bitni/g38xq9x/ 2- https://www.reddit.com/r/Monero/comments/ihl3z2/dumb_question_but/g3296x1/ 3- https://www.reddit.com/r/Monero/comments/igh5sd/watch_out_fake_morphtoken_website/g2vjb0u/ 4- https://www.reddit.com/r/Monero/comments/id105b/reverse_xmrto/g265wiy/ | https://www.reddit.com/r/Monero/comments/id105b/reverse_xmrto/g26zb80/
I agree with advertising in general, especially when it affects Monero, but isn't that a bit too much? Shouldn't Rule 6 come into play in such cases? Knowing that CakeWallet is a company that delivers a product, it should fall under this rule and should be limited, I find that this kind of post is just a loophole to propagate the idea of this wallet. As time goes by, I hardly see "Use the official wallet" or any other such option. Wouldn't it be a good idea to share official documentation about wallets and exchanges in general, which would allow the user to make an unbiased choice? (https://web.getmonero.org/ - Get Started "Choose a Wallet" and "Get Some Coins")
Again, I underline the fact that I have nothing against CakeWallet, I use it myself when I can't access my computer, I just find their way to advertise really excessive and would have liked to talk about it with all of you.
Constructive answers are welcome!
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Im sure this has been asked but I am finding it difficult to find the answers I am looking for on how to buy monero properly.
I have a kraken account set up. I have cake wallet set up. I have coinbase set up. I also have cash app set up and I have used it to buy btc to put in my electrum wallet. I just want to know what the easiest way to buy monero is with the options I have listed. Should I buy btc and exchange it for monero on cake? If so where should I send my monero once I have it purchased? Or should I transfer btc to kraken and buy monero with it? If so where do I put the monero? I am very new to this currency so please don’t roast me. I just need some help. Thanks!
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After going through the pain in the butt of downloading and checking hashes etc. my laptop won’t recognize my ledger. It does for about 5 seconds then it acts like I remove it and it doesn’t show up any longer. Same on all 3 usb outlets. So I want to download the GUI on a newer (not new enough to have an SSD tho) laptop. Can I copy my wallet folder onto a flash Drive and paste it into the same location on the new laptop? I would just create a new wallet and send it to myself but unless I’m missing something, I can’t do that in this situation.
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If someone would steal your Ledger with it's PIN I guess they would be able to enter ledger live and check which cryptos you've got, however, without opening the Monero GUI, would they be able to guess you've got xmr?
Edit: pin + seed
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Suppose I downloaded the blockchain to run a node on a certain computer then I copy that blockchain to another computer on a totally different IP. At this point will there be any evidence of having run that node on the first computer?
So, I'm curious about setting up my own node so that I can access it on iOS using an app like cakewallet. Is there a guide or something to set this up? I'm mainly looking for something that I can access while on the same network on iOS as the computer will be, or if not too hard, setting it up where I can access it outside the network by adding a password. Not looking to allow others to use the node at the moment.
I already have the blockchain on my Mac computer fully downloaded and running the majority of the time. How do I set it up to be able to access it in an app like Cakewallet?
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Im trying to download the gui wallet (windows 64 bit) from https://www.getmonero.org/downloads/ but i keep getting the hash 18c62b247b181d768f66c4200ef7e245ba64ecc2 when the hash should be 50fe1d2dae31deb1ee542a5c2165fc6d6c04b9a13bcafde8a75f23f23671d484. i've tried the cli wallet but it won't verify either. am i doing something wrong? any help is appreciated.
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Hello everyone -
I’ve been using ChangeNOW for ages to make exchanges from Bitcoin to Monero. However my most recent exchange isn’t appearing in my wallet.
I don’t understand; can anyone help me?
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There are 17 Bitcoin ASIC manufacturers yet there are only 2 GPU manufacturers. Hardforking doesn't fix centralization it shifts authority towards the developers making these changes.
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I am trying to import a wallet to MyMonero with transactions from 2017. I paid the .1XMR fee to the address it said to almost a week ago. I still haven't had funds show up in my wallet. Customer support told me it can take "some time" depending on how long ago the transactions were, but I didn't think it would take a week and I'm worried I've done something incorrectly.
Has anyone else had a long wait for a wallet import?
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