A big thank you to Tim Wagner for putting together some amazing crypto training for our GL members.
Please get educated and get onto crypto, so that you can gift and receive gifts with ease.
This is the BEST way forward especially when you reach the higher boards.
BINANCE (exchange) for outside South Africa:
ALTCOIN TRADER (exchange) for South Africans part 1:
ALTCOIN TRADER for South Africans part 2:
EXODUS WALLET
https://youtu.be/NNQN-1SWHyk
If you are going to send a USDT BEP20 make sure to ask his USDT BEP20 wallet address. Do not send bep20 to trc20 or else you will lose the money and no one can retrieve it. bep20 to bep20, trc20 to trc20.
For those using crypto alwys keep in mind, not to buy/send BITCOIN and ETHEREUM it requires a high gas fee and for those planning to buy/send USDT, do not buy USDT ERC20.
Chose between USDT Bep20 or USDT Trc20.
USDT Bep20 = $0.80 for gas fee
USDT Trc20 = $1.00 for gas fee
USDT Erc20 = $20~$25 for gas fee.
When you buy USDT it will give you option which USDT. Chose USDT (Trc20) = gas fee $1 or USDT (Bep20) = gas fee $0.80.
Do not choose USDT (Erc20) = gas fee $20
(Ripple (XRP) = gas fee $0.002)
And don’t forget there are many kinds of USDT. So be careful, sending the wrong kind of USDT will lead to totally losing it. It has to be the same USDT.
USDT KINDS ARE:
- Trc20
- Bep20
- Etc20
- Solana
Here are the correct networks to use when sending crypto from Binance to Luno.
COIN – CORRECT TRANSFER NETWORK
Bitcoin (BTC)
BTC
Bitcoin Cash (BCH)
BCH
Ethereum (ETH)
ERC20
Litecoin (LTC)
LTC
Ripple (XRP)
XRP
Chainlink (LINK)
ERC20
Uniswap (UNI)
ERC20
USD Coin (USDC)
ERC20
Note:
The crypto coins listed above are the only crypto coins Luno currently supports. Sending any other coins to Luno will result in the loss of your funds. Also, please make sure you’re sending the correct crypto coins to your Luno wallet, e.g. you can only send BTC to your Bitcoin wallet, ETH to your Ethereum wallet, LTC to your Litecoin wallet, etc.