Wednesday, February 7, 2018

How to get MyEtherWallet for ICO, airdrops, bounty free tokens

To participate in ICOs, to get free airdrops or bounty of ICO coins, you need ETH (which can be bought with USD) and an exchange wallet for them to deposit the coins.
You would need a ERC-20 token friendly exchange wallet - MyEtherWallet

What is MyEtherWallet ERC20?


Think of MyEtherWallet or MEW as a digital wallet on the blockchain where you holding the private key is the only one able to peer into your digital wallet and take coins away.
The public address is the address given to other people to deposit coins for you.
In other ways, the Private Key is like an ATM Card. The Public Address is like a bank account number.

Create a ERC20 MyEtherWallet for ICO and airdrops


Step 1 Create a password for MEW


Please visit https://www.myetherwallet.com/
Please check the URL on your browser, make sure it is https:// and that at the address bar you see a LOCK symbol and the name MYETHERWALLET LLC [US]
This is to prevent malicious hackers bringing you to phishing scam site to steal your Private Key to steal your wallet.

 You will see this screen, create your password and continue



Step 2 - Download a keystore file, it is like a key to your safe


Once your password is set, it will ask you download a KEYSTORE file.
Keep the file safely.



As noted, the keystore CANNOT be recovered if you lose it. Secure it like a million bucks.
Save it, you do not need to open it for now (unless in Step 5, you using this to access your wallet public address)

Once you press "I understand. Continue." you will be lead to a next screen where your private key is shown.

Step 3 - Generate and Save your Private key to MEW

SAVE YOUR PRIVATE KEY. It is your key to the safe, without it, all your wealth in there would be gone.




For obvious reasons, my private key is censored with a blue bar. Remember to use COPY and paste function rather than typing it out. Copy and Paste has lesser chance of error than manually writing / typing it out.
You may want to click Print Paper Wallet out. I will print it out via PDF and keep a copy for reference.
Once done, Go ahead and "Save Your Address"

Step 4 - Unlock your MEW to get a Public Address for others to deposit





This is the most important part. To access your wallet, you would need a key to unlock.
To be safe, you can use a ledger wallet (2nd option), buy a ledger wallet (which is a hardware token) from a reputable seller (such as Ledger Wallet PennyWise.sg)
This is one of the best secured method.

Use the instructions they lay out to use only your hardware to unlock your wallet.

If you currently do not have a hardware ledger wallet, you can choose "Private Key"
Private key is the least safe method, as someone can look at your laptop, or hack your laptop or phish you with a fake website, but it is the most convenient if you are careful enough to check and ensure your computer is secured.

Step 5 for using Private Key to unlock wallet




As you can see, MyEtherWallet will asked you to be safe and ensure the url is correct, and do not click on any website link sent via email or programs. Stick to manually typing or bookmarked sites. Do remember to check https:// and MYETHERWALLET LLC in ur.
Do note for spelling as hackers may trick with a similar spelling with 1 or 2 wrong character registered domains or LLC.

In the box there, enter your private key that was generated for you in STEP 3.
When you enter your private key, and press the UNLOCK button, your public address would be displayed.
Scroll down for the whole public address and information.



This PUBLIC ADDRESS is the one you give to ICO companies and airdrops etc for them to deposit coins to you. This is public, you give to people for them to deposit.
For this wallet, I have done a 0.1 ETH deposit so you can see it in the example.
Do note, do NOT give out your private key! Private Key access allows the user to transfer away all the coins inside! Private key provides full access to the safe of your wealth.

And there you go, you would be able to access your wallet, which should have has 0 ETH and 0 everything.
For all airdrops, ICO bounty, deposits of ETH or coins, please give them the PUBLIC ADDRESS and keep the Private Key to yourself.

0xdb8826f6dF14d8AAc97f29598502F4e9e805128C is my wallet public address, this is where people and companies deposit coins for me on the blockchain.

Feel free to donate some ETH or other coins to me if you find this useful! =)





Tuesday, November 21, 2017

How to buy bitcoins or ether in Singapore

Many people are interested in buying bitcoins (BTC), ethereum (ETH), or other altcoins in Singapore. Fortunately buying bitcoins, ethereum and other altcoins can be very simple with USD (US dollars) or SGD (Singapore dollars).

(NOTE: Screenshots and graphic will be posted in the next week, give me some time to take proper screenshots)

There are many exchanges in the world where you can use your currency to buy bitcoins. Some established exchanges are

1) Bittrex
2) Binance
3) Kucoin
4) CoinHako
5) CoinBase
6) Gemini

The list is not exhaustive, there are many exchanges out there. You can choose which exchanges you may be more familiar and feel safe with.

Buy bitcoins and ether on Gemini

I use my Singapore bank to change my SGD to send USD to Gemini Exchange, buy bitcoins and ether. Instructions on how to do so is below, so that it is easy for you to follow and buy your bitcoin.

Buy all other coins on Binance and Kucoins

For other alternative coins that are less mainstream, I will transfer bitcoins from my Gemini Exchange account to Binance and Kucoin to buy alt coins. I have a range of altcoins such as NEO, SYS, etc. Do your own due diligence.
Scroll on the way down to see the advantages and problems with Binance and Kucoins.

Singaporeans' preferred bitcoin exchange


For convenience, Singaporeans may look to CoinHako and CoinBase for ease of transfer for SGD to buy their bitcoin or ether. They are easy to use.
For savings, I prefer to use Gemini exchanges, it is easy and has one of the better exchange rates for bitcoins.

How to buy btc /eth on Gemini Exchange with SGD


First, visit https://gemini.com to open a "Personal Account".

Account opening and verification takes 1-2 working days. They would require you to send in a recent photo of your passport, and a photo of you holding your passport, with your face visible, and holding a piece of paper with the date on it.
It may sounds tedious but it takes me only 4 minutes or so with a camera phone.

Verification of your email, your passport and photo may seems overwhelming but it is fast and offers you much better security on your account. Bitcoins are on the internet, and all solid exchanges need to have high security against cyberfrauds and cyberhacking, as well as traditional crimes. Those photos, verification and passport copies go a long way to protect your bitcoin.

Add a bank account


Click "TRANSFER FUNDS" then "Deposit Into Exchange" then "USD (Wire Transfer)".

For first timers, they will ask you to enter your bank account.

Fill in your details as requested
1) Name
2) Checking or Savings Account (In Singapore terms, a checking account is a Current Account)
3) Bank Account number
4) Swift Number
5) Deposit number (in USD)

You will receive an email with instructions. Follow the instructions on depositing USD into Gemini exchange.


Each transaction, you need to click TRANSFER FUNDS -> DEPOSIT INTO EXCHANGES to get a personalised individual memo code for you to paste into the bank remit instructions so that Gemini will credit your account with it.

Depositing USD into Gemini to buy bitcoin


You can remit money to Gemini's bank account via many ways

1) Remittance Agencies
2) Banks

Remittance agencies to transfer USD


Remittance agencies charge a small fees, but it is worthwhile as their exchange rates are some of the best, so you get more value for larger sum transfer. However they are more worthwhile when it comes to regional currencies like China Reminibi, Peso, Rupiah etc and not as low fees for USD to US banks. Remittance foreign exchange rates are the best. Remittance agencies are common at places with lots of foreign workers, such as Chinatown, Aljunied, Golden Miles etc.
You have to physically visit these branches and pay cash or via NETS payment.

Banks Transfer / Wire Transfer

Banks offer an easier solution online for those with internet banking. All Singapore banks and many foreign banks (I have done DBS, UOB, OCBC, SCB and MAYBANK) allow you to remit USD to an USA bank, so no issue at all. You just login to personal internet banking at all major bank portal and look for options to remit or transfer.

Personally I have used DBS Remit - there are no fees and the foreign exchange rates are reasonable. The transfer is same day and quite fast.

To transfer to Gemini, you need to fill in this at the remittance forms or the bank online form
These details are correct as of 06 Feb 2018.
Please double check what is shown in Gemini Exchange before making your transfer.



Recipient Name:
Gemini Trust Company LLC

Address
600 Third Avenue, 2nd Fl
New York, NY 10016
United States of America

Recipent bank- Choose "Other banks in United States"

SWIFT Code:
PCBBUS66

Recipent Bank Account Number:
1000808012

Clearing Code:
322286803
Please do write out your account information and unique letters assigned to your account in the "Remarks", "Memo" or "Instructions"

How long would it take to receive money in Gemini?

It will take roughly half a day to 2 working days. Do take into consideration any USA banking holidays. For example they may be celebrating Thanksgiving which is a normal working day in Singapore.

Other Coin Exchanges 

Binance 

Binance is quite a relative new exchange and has the capacity to match buyers and sellers rapidly. They are based in Hong Kong, a financial and law abiding centre of Asia.

The fees is reasonable at 0.1% (if you use BNB to pay, you only fork 0.05%)
The customer service is prompt and helpful, use Telegram app to speak to them.
New alternate coins get listed on Binance fast, so you will can buy and sell the alt coins that caught your fancy.

The disadvantages is that they are relatively new, so their trading pairs of coins are limited. It will take a few months for them to have more trading pairs with different currencies and coins.
Open your Binance btc eth trading account here.


Kucoin

Kucoin is also based in Hong Kong (Looks like Singapore and Hongkong are vying to be the new financial center of cryptocurrencies in Asia), and is more new than Binance.

As the new player, they are more active in listing new coins and promoting them. Hence, there are 0% fee for listing of many new coins.
The fees to buy is only 0.1%
There is also a referral program where you can refer friends over and you get a little benefit.

The disadvantage is that being a new player, their trading pairs are small, and the servers are not sufficient, it tends to lag when traffic is high. Thankfully, they are increasing the servers and this problem will go away soon.
Open your Kucoin btc eth trading account here

Take bitcoin out of internet and put in your wallet

You can also add in security for your bitcoin by withdrawing bitcoin (or other digital coins) from the internet exchanges and keep it in a physical hardware wallet. This means that it is no longer available on the internet exchanges and the address is only available in a physical copy in your hardware wallet. This is the equivalent of withdrawing the cash from your bank account at the bank branch, and keeping it in your home safe.



For such physical hardware wallet for bitcoin, you can buy from Bitcoin hardware wallet Ledger Nano Shop

Passive income mining bitcoins


If you live in Singapore, Indonesia, Malaysia, Thailand, Vietnam, Laos or the Philippines (basically, south east asia) you may want to enjoy passive income by starting your own small mining farm.
Get your own rigs, set it up in your home / office and start mining bitcoins. In return for processing transactions of bitcoins, you will get rewarded by the bitcoin ecosystems with bitcoins.
You can do the same for ether, litecoin, neo, and other alternate coins.
You can refer to Bitcoin Ether mining Rigs in Singapore

Passive income from Loan Program

You can also earn passive income via a loan crowdsourcing program.
Earn 3% per month, with insurance backing for 100% capital protection. This program is in Singapore and do let me know if you are able to visit the corporate office at The Sail, Marina Bay, Singapore for the explanation.
There are 2 drawbacks to this loan program - at any time you want to exit the program, you need to have 4 weeks notice so that the money can be transferred to your local bank account.
Secondly, as this is for accredited personals, the minimum sum is $20,000 SGD, not as low as mining rigs.
For any details, please email me at cedricsoh@gmail.com



Saturday, November 4, 2017

Converting USA stocks to bitcoin, ether and cryptocurrencies

I have been making 5% per month off trading options, and making 3% per month passive income via a Singapore scheme.
I have been happy with my monthly returns, until recently where I learnt of the explosive returns in cryptocurrencies such as bitcoins, ETH, NEO and etc where growth is hundreds % growth per month.
I need to learn and master this.

I have decided to slowly shift my money from USA stocks to cryptocurrencies


This is at the start of Nov 2017. I still have a few weeks to end my Season playing, after which I will withdraw the bulk to focus in bitcoin and ether mining.

Meanwhile, here is some of my own mining at my warehouse.





Stay tuned as I update more on my bitcoin journey!

Tuesday, February 14, 2017

Renovation of HDB MG Jumbo flat - 5 bedrooms 147sqm Post 3

PhotoGrid_1451752175011

20151113_184553


PhotoGrid_1451751672535

20151204_184247

floor tiles are up. This is the lobby when you first enter our homes.

20151204_184337

Living hall of the sub unit.

20151204_184406

#1 Bedroom of the subunit
20151204_184415

#2 bedroom of the sub unit

20151204_184501

#2 bedroom of the sub unit


20151204_184559

Living hall of the main unit

20151210_082951

Kitchen of the sub unit

20151204_184538

Kitchen of the main unit



Tuesday, January 5, 2016

Renovation of HDB MG Jumbo flat - 5 bedrooms 147sqm Post 2

Renovation of HDB MG flat - 5 bedroom units 147sqm

Let the hacking begin!

20151110_173144

First we demolish the tiles....  The wall marked X are going to be demolished too...



20151111_193622

The place is full of debris...

20151111_193626

Feel guilty for creating so much construction waste.


20151112_190659

Most of the walls are demolished...

20151112_190719

The kitchen wall is finally demolished.

20151112_190623

After cleaning up the debris

20151113_184539

so much neater and cleaner with the debris removed.

20151113_184644

Kitchen looks bigger without the walls.

20151126_083424

And now, to build new walls and prepare for the tiling works....

20151126_083434

The new wall is up... and the tiling materials are coming in.....

PhotoGrid_1451750967105

Sunday, January 3, 2016

Renovation of HDB MG Jumbo flat - 5 bedrooms 147sqm Post 1

A Simple Summary of the Renovation beginnings...

img1447420268547
Day 1 - Let the demolition man begins!

img1447420445259

Day 2 - More than halfway done

img1447420651054
Walls are down, cleaning up begins....
img1447420904879

The debris are removed...

Sunday, October 18, 2015

Our wedding day videos



Wahahhaa my wedding video!
Good memories! =)


The solemnisation and the wedding dinner...

It is kinda fun getting married, just... damn expensive. lol

 

And this is the proposal video.
Wah.


Related Posts Plugin for WordPress, Blogger...