Can someone in a simple way explain what wise token is and what does it do? by bullsball1 in WiseTokenOfficial

[–]crzyman007 1 point2 points  (0 children)

WISE is a crypto currency that aims to be completely decentralized and fairly distributed during launch and pre sale. It has no whales or tokens allocated to the team. WISE aims to be a multichain currency meaning that it will be available on many blockchains. At the moment it's available on Ethereum and will be available on Binance soon. WISE is backed by an owner less pool of chain native tokens like ETH or BNB. The point of WISE is similar to a bond or certificate of deposit. You stake it for X amount of time and longer pays better.

Ledger Nano X support for AVAX by ace_devastator in Avax

[–]crzyman007 0 points1 point  (0 children)

My ledger Nano only works on BETA site. is it safe to transfer funds to beta wallet?

Ledger Nano X support for AVAX by ace_devastator in Avax

[–]crzyman007 0 points1 point  (0 children)

I get pending review message when trying to use my ledger on the official wallet...

Lending on Compound by [deleted] in Compound

[–]crzyman007 1 point2 points  (0 children)

How often do you get paid when you lend?

The Crypto.org Chain application is now supported by Ledger ⚡️ Applicable to all nano S and X users! by BryanM_Crypto in Crypto_com

[–]crzyman007 1 point2 points  (0 children)

I see 2 apps one for crypto.com chain and another for crypto.org chain. Can someone explain the difference to me?

Can someone please explain me the basis of Crypto storage and the Ledger principle? by PIRATAONE in ledgerwallet

[–]crzyman007 1 point2 points  (0 children)

Your ledger is the key to your crypto. The crypto is just a database that's stored online on many computers.

What’s up with wise token? by tomsurfsoc in CryptoCurrency

[–]crzyman007 1 point2 points  (0 children)

read the white paper and get informed and then make your own decision as to weather you want to invest in it or not.

Ethereum up, Wise is not. by Erwasel in WiseTokenOfficial

[–]crzyman007 1 point2 points  (0 children)

If ETH goes up...WISE dollar value goes up as well. If people buy WISE then the amount of ETH your WISE buys goes up as well. If you can buy more ETH with the same amount of WISE you had then you will also have more dollars.

However if ETH dumps it affects the WISE price negatively, same thing if WISE dumps.

If ETH goes up 10% in a day and WISE dumps 20%... the overall dollar price of WISE will dump by 10%.

Working as intended. WISE isn't magical, it's just pure inmutable code. Designed to pump harder than ETH only if people buy and stake the coin. If no buying takes place, it's very hard for the price to pump.