Tweebeenvis
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- Oct 8, 2010
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Anyone know what's going on? 

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Any information to what happened the other day? their chart indicated that some might have bought some very very cheap BTC...
Saw that...what's involved transferring to Luno? Just input your correct (after checking 5x) wallet address and then go? Pay some small transfer fee and it's done?Especially concerning as altcointrader website has not been running clockwork today. "checking your browser before accessing altcointrader.co.za" the whole morning!
Luno -> Wallets -> Receive -> Select Account -> Bitcoin.So if I want to make the move to Luno, how exactly do you do that? With a withdrawal on altcointrader?
If so, it seems like a fixed fee to do it? 0.0005 bitcoins? Which at he current rate is +-R375.00
Then I need to get my Luno address, which I have no idea where?

Luno -> Wallets -> Receive -> Select Account -> Bitcoin.
That gives you your BTC deposit address.
View attachment 1025390
What wallet software would you recommend?You don't need hardware, all you need is your primary key or seed phrase - preferably printed on paper and stored in more than one place. The real wallet is on the web, your seed phrase or primary key is how you access it with the many different software options out there.
If you're just hodling then that's always the safest as exchanges can be, and have been hacked in the past. Install any compatible wallet software for your coin, generate a new address, back up (print out) the seed phrase / key, transfer into your new address, uninstall the software.
When sending to your new address, double & triple check the address, especially if you copy and paste it - make sure the last three and first three characters are the same on both sides. There is malware out there that monitors your clipboard for a crypto address and replaces it with the attacker's own address after you copy it.
I have XRP/DOGE. Otherwise will have to look at Binance.Depending on the price of BTC, that fee has been around R300-R500 the past week. Even if you want to transfer R100
I can't find a better thread to ask this, so excuse me if this is the wrong place.
I use altcointrader and recently everywhere I go everybody advices that Luno should be the one that you use.
Now I don't have millions in bitcoin, but I surely don't want to see it disappear into air, so I would like it in the best possible place. I understand that a hardware copy off wallet is the safest, but that has it own risks right.
You can do the same on Altcointrader but I don't bother too.Anybody that cares to give an opinion please? As mentioned I am new in this, but it seems Altcoin is least preferred to the rest. Should I rather move my coins to Luno for HODL?
Secondly I see Luno has "savings" accounts for BTC and ETH as well where you earn interest. I presume they trade with your coins then, putting a risk on it? Not advisable?
Apart from a hickup a while back, I have not had issues with Altcoin either, it just seems that they are not preferred? Is it because they are a small company vs Luno? I just want my money to be in the safest one, not one that might fold down the line.You can do the same on Altcointrader but I don't bother too.
I use Altcointrader for some small transactions locally, and then Valr for 1 or 2 other altcoins overseas. Again not major spending.
I don't have an issue getting money into, or out of, Altcointrader. I guess it's preference.