Category FAQ: Wallets & Payments

How to get paid in Crypto?

How to get paid in Crypto?

If you have not done so already, download Metamask here.

CNAME_Metamask

How to add BSC Network

Once you have downloaded and set up Metamask as instructed, add the BSC network. To do so, open Metamask and click on your Profile Image at the top right corner of the page.

Then, click on settings.

CNAME_network

On the Settings page, we want to locate the Networks menu.

Marketplace_settings

We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one – it doesn’t come packaged with MetaMask. Below are the parameters to fill in.

BSC network 

Network Name: Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

ChainID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com


Once you Save the Network and return to the main view, you’ll notice two things: the network has automatically been set to the one you just entered, and the units are no longer denominated in ETH, but in BNB.

cname_smart_chain

How to Import tokens (and get paid in cryptocurrencies)

The BSC network allows you to view the tokens that are transferred to you: once entered, they will automatically appear on your wallet.

The process when adding a token is the same for everyone, only some basic information changes. So:

  1. Choose the token you prefer (USDT, WETH, WBNB, BUSD, CNAME);
  2. Enter the corresponding information into your wallet;
  3. That’ s it!


Specifically, make sure you are on the BSC network. If you are not, click on the BSC network and scroll down the wallet until you find the link ‘Import tokens’ and click on it.

import_tokens

Now all you have to do is copy and paste the informations about the token you want to import into your wallet and then, click ‘Add custom token’.

import_cryptocurrencies

Below you will find the information to be copied and pasted into the fields of the  ‘Import token’ function:

 
  • USDT
  • 0x55d398326f99059fF775485246999027B3197955
  • USDT
  • 18
 
  • WETH
  • 0x4DB5a66E937A9F4473fA95b1cAF1d1E1D62E29EA
  • WETH
  • 18
 
  • WBNB
  • 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
  • WBNB
  • 18
 
  • BUSD
  • 0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56
  • BUSD
  • 18
 
  • CNAME
  • 0xfc3514474306e2d4aa8350fd8fa9c46c165fe8cd
  • CNAME
  • 18

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Sending Crypto Using Your NFT Domain

Sending Crypto Using Your NFT Domain

Sending and receiving crypto has been relatively easy for those with an interest and understanding of crypto technology. With over 250,000 transactions every day, we can also easily see where the future of finance is going. But what if we told you there was an even easier way to process crypto transactions?

NFT domains are currently playing a significant role in the market and allowing users to change their crypto addresses, making them much more user-friendly and accessible to the general public.

Whether it’s receiving or sending crypto, we’ll tell you everything in this ultimate guide.

What are NFT Domains?

NFT domains (also called blockchain domains) are the future of the traditional domain system, as we can find online right now. NFT domains are decentralized, which means that the owner wholly owns it is once he purchases it.

Standard domains normally end in .com, .media, .net, and so on. But on the other hand, blockchain domains can end in .x, .wallet, .888, and .coin, among other extensions.

They have become an essential part of the crypto world as they are a way to personalize a crypto address, making it simple to send and receive crypto.

How are NFT Domains Beneficial to the Crypto World?

NFTs have been popular for several years for their technology and for artists and investors to make money out of the system. Naturally, there are other benefits to enjoy and facilitating crypto transactions, is one of the most notable.

When you buy an NFT domain, you receive a smart contract to verify you fully own it and, therefore, eliminate intermediaries. Blockchain domains are beneficial to the crypto world since users can send and receive crypto much easier and quicker than ever before.

So, to the question, are NFT domains worth it? the answer is a clear yes!

How to Send and Receive Crypto Using Your NFT Domain

Since the launch of NFT domains and their compatibility with the crypto platforms, sending and receiving cryptocurrencies has become effortless. Let’s go into the details step-by-step.

Open a Crypto Wallet

The first thing you should do to buy, sell, send, and receive crypto is open a wallet. If you happen to already have a crypto wallet, move on to the next point; if not, keep reading.

Opening a crypto wallet is very easy, and there are numerous ones on the market to choose from. The most popular ones are:

  • Coinbase
  • MetaMask
  • Binance
  • KuCoin
  • Electrum

We recommend starting with Coinbase or MetaMask since they are the easiest to use. You will need a crypto wallet to buy your NFT domain, as it can only be purchased using Ethereum or Bitcoin.

Once you’ve opened your crypto wallet, you’re ready to buy your NFT domain on Cloudname. After carefully choosing your domain name and paying the gas fees, proceed to the next point.

Mint and Move Your NFT Domain to Your Crypto Wallet

In order to get full ownership of your NFT domain and to keep it safe, you’ll have to mint it and transfer it to your crypto wallet. To mint your domain on Polygon, head over to your profile on Cloudname and click on “Mint Your Domain on Polygon”.

After that, click on “add wallet” and insert your crypto address – you’ll be able to choose between different crypto wallets. Choose yours, sign in, and click on “Transfer Domain to Crypto Wallet”.

Once you’re done, you will be able to see your NFT domain in your wallet.

Sending Crypto to Your NFT Domain

You’re nearly ready to start receiving crypto with your NFT domain. Once you log into your crypto wallet, select “Receive Crypto” and choose your NFT domain. You can give that address to the recipients or send the QR code.

With Cloudname, you’ll have the option to receive numerous cryptocurrencies from Bitcoin to Ethereum and many others, and that is a much easier way to deal with these transactions.

The Takeaway

Now that you’ve successfully set up your NFT domain and stored it in your crypto wallet, making transactions will be extremely simple. As mentioned above, when using Cloudname, you’ll be able to receive numerous different cryptocurrencies.

How does it work?

On 28/01/2023 a whitelist of eligible wallets will be published (any wallet holding $CNAME since before 27/01/2023 – NOTE: the tokens needs to be in a WALLET and not for example in an exchange)

Whitelisted users will be able to Redeem $CNAME directly on the Cloudname website.
The application page will allow users to connect their wallet and choose how many $CNAME to redeem.

Once the $CNAME are sent, users will immediately receive an email with a Freename promo code. Every promo code will be $100 max, and is not cumulative  (e.g. if you redeem $1,000 in $CNAME, you will receive 10x $100 promo-codes)

Happy Web3 TLDs and Domains Shopping!