How to buy, store, and stake $TAO (Bittensor) - Clearly Explained

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  • ΠžΠΏΡƒΠ±Π»ΠΈΠΊΠΎΠ²Π°Π½ΠΎ: 2 Π°Π²Π³ 2024
  • The quickest, simplest path to buy, store, and stake $TAO, plus 3 additional decentralized options for more experienced crypto investors. #bittensor
    00:00. Intro.
    00:24. Installing Bittensor wallet
    01:28. Buying $TAO (centralized)
    03:37. Withdraw to wallet
    04:10. Whitelisting considerations
    06:29. Simple staking
    08:33. Unstaking
    09:00. Option #2: $WTAO
    10:08. Option #3: RocketXexchange
    12:11. Option #4: Bittensor Exchange
    14:07. Closing thoughts
    πŸ’Έ Save up to 30% on Trading fees, earn up to $9,100: bit.ly/MEXCSri
    πŸ“ˆ Trading & Investing courses: www.phoenixdesmond.com
    πŸ“š Smart Money’s Crypto Handbook: bit.ly/smartmoneycrypto
    πŸ” Get a Keystone hardware wallet - bit.ly/C3keystone
    🐦 Follow me on Twitter: / sri_phoenix
    Not financial advice. Invest at your own risk.
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ΠšΠΎΠΌΠΌΠ΅Π½Ρ‚Π°Ρ€ΠΈΠΈ • 23

  • @tacticalcombatfitnesstacti6366
    @tacticalcombatfitnesstacti6366 5 мСсяцСв Π½Π°Π·Π°Π΄

    thanks phoenix! I find myself more on X lately, I do still specifically come on youtube to also watch the content, I haven't been the discord lately, the rate of Alpha is at lightening speed.

    • @sriphoenix
      @sriphoenix  5 мСсяцСв Π½Π°Π·Π°Π΄ +2

      Awesome, yes all of my videos are posted there and get many multiples more engagement for some reason

  • @hugobarros647
    @hugobarros647 5 мСсяцСв Π½Π°Π·Π°Π΄

    Thank you Man

    • @sriphoenix
      @sriphoenix  5 мСсяцСв Π½Π°Π·Π°Π΄

      You're welcome! Thanks for watching.

  • @toilan89
    @toilan89 ΠœΠ΅ΡΡΡ† Π½Π°Π·Π°Π΄

    gud job

  • @tomisiderakis
    @tomisiderakis 5 мСсяцСв Π½Π°Π·Π°Π΄

    I would love a video with the risks involved in this proyect. For example, Bitcoin risk at the beginning was that if someone had the computational power to represent 51% of the hashrate, it could be corrupted. Then, after many years of good functioning, BTC now canΒ΄t be hacked. It is the most safe asset in the world. But TAO HAS to have risks or at least some bad scenarios. It would give you more credibility to show us that, than only saying good things about the proyect. By the way, I understand everything you are saying and It seems to be a POWERFUL proyect with no other similar thing until today, but I want to know what could go wrong and be able to take that risk because it's worth it. Just like I did with BTC in 2020. Thank you! keep the great work!

    • @sriphoenix
      @sriphoenix  4 мСсяца Π½Π°Π·Π°Π΄ +1

      yes planning on it

  • @knotsquare9846
    @knotsquare9846 3 мСсяца Π½Π°Π·Π°Π΄ +1

    Is this video still valid now that MEXC now requires KYC n the US?

  • @johnauston480
    @johnauston480 3 мСсяца Π½Π°Π·Π°Π΄ +1

    Is there a way, once you have an amount of TAO, to send to the hardware wallet keepKey, holding it there until someday am exchange like Coinbase will take it and it can be then cashed out for US dollars?

  • @Jul1oG
    @Jul1oG 4 мСсяца Π½Π°Π·Π°Π΄ +1

    I’m buying it in XPortal wallet

    • @simrans3675
      @simrans3675 4 мСсяца Π½Π°Π·Π°Π΄

      Still buying at these levels?

  • @hoopnewsdaily4111
    @hoopnewsdaily4111 4 мСсяца Π½Π°Π·Π°Π΄ +1

    how do i see how much apy does each validator offer?

  • @RealityTrailers
    @RealityTrailers 5 мСсяцСв Π½Π°Π·Π°Π΄

    Just traded all my TAO for XRP.
    ❀❀❀

  • @nelsonromano6654
    @nelsonromano6654 3 мСсяца Π½Π°Π·Π°Π΄

    Where can you see your staking rewards? Does it just auto deposit into your TAO Wallet?

  • @albertocoutinho5703
    @albertocoutinho5703 3 мСсяца Π½Π°Π·Π°Π΄

    hi, just dowload the wallet, but a did not fund how to use ledger hardwallet with the wallet, is possible?

  • @robham100
    @robham100 2 мСсяца Π½Π°Π·Π°Π΄

    Is there a problem with Bittensor wallet ?

  • @wiliamtt
    @wiliamtt 5 мСсяцСв Π½Π°Π·Π°Π΄

    Hi! Why not let the TAO on MEXC?

    • @sriphoenix
      @sriphoenix  4 мСсяца Π½Π°Π·Π°Π΄

      You could, just not as safe if exchange goes down for any reason

  • @anthonymarcone3865
    @anthonymarcone3865 4 мСсяца Π½Π°Π·Π°Π΄

    How risky is using a VPN to get around region restrictions?

    • @sriphoenix
      @sriphoenix  4 мСсяца Π½Π°Π·Π°Π΄

      On MEXC it is no problem

  • @thenext9537
    @thenext9537 5 мСсяцСв Π½Π°Π·Π°Π΄

    Time Wonderland remembers. I stay away from DAOs, and all this nonsense.

    • @sriphoenix
      @sriphoenix  5 мСсяцСв Π½Π°Π·Π°Π΄

      Someone isn't paying attention.

    • @thenext9537
      @thenext9537 5 мСсяцСв Π½Π°Π·Π°Π΄

      @@sriphoenix Kilma, Hector, Olympus. I've been with you since the beginning vids man. Be careful.