Is Domain Flipping Legal – Starting at $5+

discuss topics of the cryptocurrency world…Is Domain Flipping Legal. utilizing examples stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for individuals entering the complex crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is an expensive way of stating that it is a handy service which allows us human beings to type in human legible addresses into the search bar and after that it will instantly turn them into maker readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer system elsewhere and not just yell it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that gets a package back to send to you now the package is then unpacked by your computer to show you the totality of the google.com home page using complex math and software application all of this

communication happens behind the scenes but to you it’s basic and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter the guide area of the video where i want to show you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly understand how to properly use unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really simple you simply come here and then you type in the domain name that you want right here and then click on search now i desire simply want to mention that they do have specific price points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just add this to haul for demonstration purposes we’ll go to the carts and that’s it alright and

then you click on here checkout which’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s flexible i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use alright and that’s it therefore when you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you wish to go offer it on some kind of like nft market you can go ahead and do that fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you need to acquire a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two is you can pay the gas fees directly from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling service that makes it easy to claim however anyways to begin is really easy so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by email so click that and so right over here we’ll jump over here and await the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that right click copy paste there we go boom put that in fine terrific now you resemble whoa what do i do choose wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of various wallets that they recommend so for desktop there’s meta mask for mobile you can

utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to get going with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click on that set up metamask for chrome all right and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we just click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Is Domain Flipping Legal