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You may have already heard, but the website localcryptos has added Bitcoin Cash https://localcryptos.com/Bitcoin_Cash/ Now you can buy and sell BTC, ETH, LTC, DASH and BCH on the website. This is a completely decentralised exchange, which is why they are not dependent on any intermediary. The exchange takes place directly between the buyer and seller. The inclusion of BCH in this website is positive because it is another step in raising the profile of Bitcoin Cash. Hopefully more and more people will post buy and sell offers there. #BitcoinCash #BCH #Adoption #Exchange
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What is the blockchains purpose? I am using bitcoin.com and then send it to my local crypto wallet, it takes some time before it appears on my local bch. What is the google extension on the bitcoin.com transaction. Thanks.
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Another thing, is it safe to put my seed phrase on the website? Thanks.
This website is trustworthy, but there is always some risk when using an online wallet, like here. If the website were to be hacked, your funds would be at risk. I generally don't recommend holding large amounts in online wallets.
But before the apps, website was working fine so I dont have to worry that much. I need to know if I can change my imported wallet on the website so I can teach my friends too, here in our place, our local crypto wallet has no seed phrase so its impossible for me to change it on the app, I really have to tried it on the website. But those who use that local crypto before the wallet update I guess has system auto set up, because they saw that their noise wallet is fine, without inputting seed phrase, however they saw their address have changed. I explained to them, its normal,thats the embedded new add of the imported local crypto, unless they are hacked. Thank you.
I assume you are using coins.ph. Coins.ph is an exchange. They hold your BCH like a bank, so you have no seed. The coins.ph exchange requires a lot of confirmations (I think 8) to credit your BCH, that's why it takes so long to see your BCH on coins.ph. If you send your BCH to an address in a wallet, like bitcoin.com Wallet, you will see your BCH immediately. Only if you have a wallet with a seed, your BCH is really yours. If you know your seed, you can ALWAYS access your BCH. If an exchange goes bankrupt or gets hacked, your BCH may be gone.
What do I need to do now? Keep it in bitcoin.com? And then if I need to withdraw it transfer it to coins.ph? Better for me to keep it in bitcoin.com then?
It depends on what you want to do with it. If you want to save it or use it somewhere on the internet (for farming on SmartBCH, for example), then you should keep it on bitcoin.com Wallet (or another offline wallet). If you want to convert it all to pesos immediately, you can send it to coins.ph.
Coins is a custodial wallet, our noise is not. I understand a little about it now. Someone send me a paid smartbch node thing with steps, but I dont know how that works, asking me to open the nodes or enter this and that code. I dunno, I use my phone.