Right okay so if im understanding tho the exchanges will

Question

Right okay so if im understanding tho the exchanges will

be l1? So to transfer out ud need to bridge and transfer. But at some point will this not involve the normal ethereum fees?

#cryptocurrency #ecomi #english

0

02.02.2022

17 ответов

15 просмотров

Thomas 'Coyote' Baxter Автор вопроса

Cynthia AmaZix
Exchanges are on L1 you can transfer to your walle...

Yeh ok im gonna go off and read this just my understanding is that if u want to turn omi into fiat ull need to sell on an exchange which is l1. When we bridge to l1 we need to send for normal ethereum fees. Im gonna go read more tbh.

0

02.02.2022

Cynthia AmaZix

Thomas 'Coyote' Baxter
Yeh ok im gonna go off and read this just my under...

Correct on all points. OMI was on GoChain which has faster and cheaper transactions. Eth has a bigger blockchain community Easier to integrate with other platforms Immutable x has no fees, Etc

0

02.02.2022

Thomas 'Coyote' Baxter Автор вопроса

Cynthia AmaZix
Correct on all points. OMI was on GoChain which ha...

Immutable x is only l2 tho? And we need l1 to send to exchange. L1 has the horrible fees?

0

02.02.2022

Cynthia AmaZix

Thomas 'Coyote' Baxter
Immutable x is only l2 tho? And we need l1 to send...

Yes, imx is L2 which is in the veve app

0

02.02.2022

Thomas 'Coyote' Baxter Автор вопроса

Cynthia AmaZix
Yes, imx is L2 which is in the veve app

Yeh but my point is that u need to send L1 to an exchange. Sending L1 to an exchange = huge fees. if we have to send L1 to sell for fiat, u cant escape the huge fees

0

02.02.2022

Ben

Thomas 'Coyote' Baxter
Immutable x is only l2 tho? And we need l1 to send...

They always cared about the NFT and GEM from FIAT and a traditional app business. OMI is just extra free money for them.

0

02.02.2022

Cynthia AmaZix

You’ll be able to buy nft with OMI.

0

02.02.2022

Ben

Cynthia AmaZix
You’ll be able to buy nft with OMI.

I wanted to do that when i first invested in 20M tokens. Still waiting and starting to have my own theory.Not really happy untill now..

0

02.02.2022

Cynthia AmaZix

Ben
I wanted to do that when i first invested in 20M t...

That will be possible soon.

0

02.02.2022

Essa AmaZix

Ben
I wanted to do that when i first invested in 20M t...

Migration has done. Please remain patient as the team works on this plan.

0

02.02.2022

Essa AmaZix

Cynthia AmaZix
That will be possible soon.

+1 Migration has done. Please remain patient as the team works on this plan.

0

02.02.2022

Isaac AmaZix

Cynthia AmaZix
Exchanges are on L1 you can transfer to your walle...

Veve is layer 2 you can only send to L2 wallets. Exchange are layer 1. There’ll be a bridge to switch between both layers.

0

04.02.2022

AidiVerse Nusantara

Isaac AmaZix
Veve is layer 2 you can only send to L2 wallets. E...

If I just hold in metamask, i don't need to do anything?

0

04.02.2022

Isaac AmaZix

AidiVerse Nusantara
If I just hold in metamask, i don't need to do any...

You will have to do a manual swap.

0

04.02.2022

AidiVerse Nusantara

Isaac AmaZix
You will have to do a manual swap.

to be OMI ERC20. Its Correct?

0

04.02.2022

Isaac AmaZix

AidiVerse Nusantara
to be OMI ERC20. Its Correct?

Yes correct

0

04.02.2022

Cynthia AmaZix · Accepted Answer

Cynthia AmaZix

Exchanges are on L1 you can transfer to your wallet directly. Veve is layer 2 you can only send to L2 wallets. There’ll be a bridge to switch between both layers.

0

02.02.2022

209 похожих чатов

Right okay so if im understanding tho the exchanges will

17 ответов

Похожие вопросы