Where to Store BITCOIN in CANADA... & Earn 6% Interest

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  • Опубликовано: 9 июл 2024
  • Bitcoin is all about self ownership. This means there is no right or wrong place to store it. But, you need to know what all the risks are with each Bitcoin storage solution.
    Time Stamps:
    1:07 Getting Started
    1:57 Types of Wallets
    2:13 Types of Custody
    3:00 Cold Storage Wallets
    3:53 Hot Wallets
    4:16 Wallet Recommendations
    5:48 Custodial Recommendations
    6:19 How to get 6.2% interest per year on your Bitcoin
    Wallet links:
    Paper Wallet walletgenerator.net/
    Trezor trezor.io/
    Atomic Wallet atomicwallet.io/
    Casa keys.casa/
    Gemini Custody www.gemini.com/custody
    Ledn.io www.ledn.io/en/
    Looking for a top Bitcoin Exchange in Canada?
    Shakepay is giving away $30 CAD when you purchase $100 CAD for first time users.
    Use this link to get $30 from Shakepay shakepay.me/r/ITM0DNH
    Reasons why Shakepay is #1:
    1. Free Deposits (Bitcoin & CAD)
    2. Free Withdrawals (Bitcoin & CAD)
    3. Instant access to your funds
    4. Easy to use
    📹 More of My Videos:
    🐺 Debating The Wolf of Wall Street on Bitcoin: • Debating The Wolf Of W...
    🏁 Best Place to Buy BITCOIN in CANADA.. and the WORST
    • 2020 is the Best Time ...
    🍁 How to Invest in Bitcoin with your TFSA
    • Converting My ENTIRE S...
    ⚡ Tip me in BTC
    dhoneysett@getalby.com
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    *Disclaimer: My content is not financial advice, I am simply discussing cryptocurrency, finance, stocks, investing. I am not a financial advisor. If you want to invest in cryptocurrency do your own research. Invest at your own risk. ⁠

Комментарии • 378

  • @dhoneysett
    @dhoneysett  3 года назад +4

    Looking to start with Ledn.io? Sign up with this link to start receiving 6.2% interest on your Bitcoin and 12.5% on your USDC.
    platform.ledn.io/join/2f2bb30e520482e22b2119b8ade51652
    First time users will receive $25 in USDC! When a loan is taken out.

    • @margaretdiaz3207
      @margaretdiaz3207 3 года назад

      Ur amazing

    • @BlakeJacques
      @BlakeJacques 3 года назад

      for canadians, should i use binace us or binance? my funds are on binace but should i trasnfer them to binance us?

    • @dhoneysett
      @dhoneysett  3 года назад

      @@BlakeJacques not sure. I have just used binance but not for a while. Can you load CAD?

    • @roddyrodrodrod
      @roddyrodrodrod 3 года назад +2

      @@BlakeJacques Binance. No need for Canadians to use Binance US as it's very restricted in its offerings.

    • @dariomilkovic4848
      @dariomilkovic4848 3 года назад

      great video Darren. IS Ledn just for bitcon storage or do they store ether as well? And, have they ever been hacked?

  • @phourtwenteephorlife
    @phourtwenteephorlife 3 года назад +22

    not sure if it is because we are Canadians but honestly after wasted hours learning bits and pieces from "personalities" and wading thru "fluff" I stumbled onto your videos and learnt more in 17 min than I did in the last three days since I decided to get into crypto. Thank you the time you've put into these and for the straight forward no bs no fluff, easy to understand videos.

  • @sjay4673
    @sjay4673 3 года назад +2

    Great useful content, Darren. Subscribed! Looking forward to more.

  • @hmltn6770
    @hmltn6770 3 года назад +11

    Your videos are great. Thank you for keeping them to the point. No BS. No click bait 👌

    • @dhoneysett
      @dhoneysett  3 года назад +2

      Thanks man! More to come. There is a lot.of bullshit in the industry to sort through. Trying to make it easy!

  • @JoseSetien
    @JoseSetien 2 года назад +2

    Love the channel boss! I was watching all the U.S. videos like a noob. I appreciate you.

    • @whatsup6264
      @whatsup6264 2 года назад

      Thanks for watchingⓇ🖕
      Send a direct msg right Away
      I recommend you to start making million you can contact him on how to start

  • @mindenhillshomesteadyukefa8091
    @mindenhillshomesteadyukefa8091 3 года назад +3

    Thanks for the info. I made the mistake of using Binance. It’s decent but trying to figure out how to get my out direct with interact.
    Cheers.

  • @integra8502
    @integra8502 3 года назад +1

    Do you know when the "Voyager" crypto platform will come to Canada and can you buy and store ADA from there ?

  • @jeffstapley6188
    @jeffstapley6188 3 года назад +2

    You are so relaxed making your videos great I'm just trying to figure out how to transfer to another wallet, keep the vids coming

    • @dhoneysett
      @dhoneysett  3 года назад

      Hahah thanks Jeff far from relaxed lots of takes lol. Wallets re pretty easy to use just always copy and paste!

  • @Stardust12397
    @Stardust12397 2 года назад

    Can you or anyone advise about bots including grid bots, here in Canada?

  • @grittygoat7581
    @grittygoat7581 3 года назад +2

    Could you please do a how to trade video on here and how to set a recurring trade and also how to put your gains back into your wallet and to your Trezor or ledger. So glad I found a Canadian that’s new into this crypto lol

  • @shivercanada
    @shivercanada 3 года назад +2

    Unless you own your coins on like a ledger nano they’re not your coins you give them to someone to earn interest they can easily takeoff with everything. It’s happened numerous times already so it can happen to you

  • @calvintien1974
    @calvintien1974 3 года назад

    Do you have any video talking about hot or cold wallet versus taxtion

    • @dhoneysett
      @dhoneysett  3 года назад

      Hi Calvin. There is no difference if there is no interest. If you earn interest these are taxed. The ultimate tax block is to find a private wallet! lookup wasabi or blue wallet.

  • @homann638
    @homann638 3 года назад +1

    awesome info. nicely arranged and informative. In the case of the custodial wallet like Ledn, do they issue tax forms for the interest gained? and is the 6% calculated from the market price? I think it makes sense to put a portion of holdings in a safe custodial wallet to gain some interest.6% of the current market price is a lot of money!!!

    • @dhoneysett
      @dhoneysett  3 года назад

      Thanks! Um not sure if they do or not, should look into it. But you receive 6% on the amount deposited. So if you have 1 BTC invested you will have 1.06 within the year. Price has nothing to do with it, just an added feature if it keeps going up!

  • @marrionalo2960
    @marrionalo2960 2 года назад +2

    What are the fees like sending btc to a cold wallet like ledger? Then the fees having to send it back to an exchange? Say on Newton for an example?

    • @dhoneysett
      @dhoneysett  2 года назад +1

      You can choose. Right now you can do it for under 1sat per bite ( 2 cents). But can go up to $10 depends on market demands and what speed you choose. Within the next 5 years expect it to be 1 cent - $40max i'd say.

  • @Davvv67
    @Davvv67 3 года назад +1

    I think this video would be a lot better if you explained what a secret key is and why we need to protect it. People I have spoken to have a hard time understanding what exactly a bitcoin wallet is. All it is is a place where your public address and secret key are stored. That's why a paper wallet is so simple yet effective. Write the two codes down and only you will have access to them. The bitcoin are not stored in the wallet. Your bitcoin are on the blockchain and the secret key is the access code to those bitcoin.

  • @maximedoucet-casgrain6179
    @maximedoucet-casgrain6179 2 года назад +1

    Does Celsius work for Canada? Ty very much

  • @claud1542
    @claud1542 3 года назад +2

    Hey Darren, great video thx. Was wondering if you know if atomic wallet is able to send cryptos to coinsquare or shakepay. Also if Ledger Nano S is able to transfer cryptos to and from Shakepay or Atomic Wallet? thanks for your time.

    • @dhoneysett
      @dhoneysett  3 года назад

      Yes absolutely. Bitcoin to Bitcoin address doesn't matter what device! That's the freedom Bitcoin provides!

    • @claud1542
      @claud1542 3 года назад

      @@dhoneysett awesome, thx for that. newbie here. Would that be the same for ETH? or other altcoins?

    • @dhoneysett
      @dhoneysett  3 года назад

      @@claud1542 yes same for other coins. If atomic supports it has an wallet address for each coin built into the app. Usually each coin is on a Separate Blockchain meaning you need a seperate Wallet. Atomic makes it easy to have them all in one place. However most alt coins are ERC 20 tokens (built on ETH) so they will work with ETH wallet.

  • @ngavilo
    @ngavilo 3 года назад +1

    Hi Darren, I'm one of your recent subscribers, first of all thanks for giving us informative videos. I have a question though, I have money in my TSFA that part of it I want to invest in BTC. Would it be possible and if so, is there any taxes to be paid later on? Thanks.

    • @dhoneysett
      @dhoneysett  3 года назад

      Hi NG,. Yes I made a whole video explaining how to do that! Check out my channel!

  • @Michael-hx2ft
    @Michael-hx2ft 3 года назад

    Hey thanks for the video. Have you withdrawn from Ledn? Are you able to set the withdrawal fee?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      No I have not. I'll need to look that up what fee you can choose

  • @RobbieStrike
    @RobbieStrike 3 года назад +1

    Thank you for your video's Darren! Very helpful for Canadians. Is there a online store that will trade in Crypto Like Amazon or Ebay?

    • @dhoneysett
      @dhoneysett  3 года назад

      Coincards.ca you can buy pretty much any gift cards. Yes there are lots not too big yet. Many online stores built on Shopify have pay with crypto features

    • @RobbieStrike
      @RobbieStrike 3 года назад +1

      @@dhoneysett Thank you kindly, Good video Idea for you to cover! hopefully they have a referal program!

  • @faimtv868
    @faimtv868 3 года назад +1

    This dude will be famous one day. Mark my words!

  • @bonnie4512
    @bonnie4512 3 года назад

    I ended up using Atomic wallet. Blue Wallet was to confusing for me. I also received $30.00 from Shakepay. I used you code/link. ShakePay was supper easy and a Canadian e-tranfer worked with no issues. Just sent everything over to Atomic Wallet and everything was seamless.
    I will be trying Ledn on your recommendation. Thank you for making this old girl comfortable enough to get into Crypto.

    • @bonnie4512
      @bonnie4512 3 года назад

      Thanks, I'm good. 😊

  • @beautyofthailand7393
    @beautyofthailand7393 3 года назад +1

    Shakepay app is not available outside Canada and needs a Canadian mobile phone # to open an account - not good for Canadians who travel or live in other countries

    • @l3bronthebeast
      @l3bronthebeast 3 года назад

      I’ve got my ethereum on shakepay and I’m trying to figure out which wallet to use

  • @chitramoontarot
    @chitramoontarot 2 года назад +2

    How do I see on the ledger wallet that I’ve made money?

    • @dhoneysett
      @dhoneysett  2 года назад

      Have you connected it to ledger live (the software for ledger). There it will show your balance. You could also connect it to another wallet of your choice

    • @chitramoontarot
      @chitramoontarot 2 года назад +2

      @@dhoneysett I’m just getting into all of this so no I haven’t received it yet. But all I want to know is will I be able to see my balance either go up or down in the wallet based on what Bitcoin is worth that day?

    • @dhoneysett
      @dhoneysett  2 года назад

      @@chitramoontarot yes that is what a wallet does. Look up a tutorial on ledger live. That will be what the interface looks like for you.

    • @prajasingh7352
      @prajasingh7352 2 года назад

      @@chitramoontarot I will strongly advice you against self
      trading, it's really dangerous and had
      brought so many investors down, you need
      some one with the knowledge and
      strategies, someone dedicated to the
      crypto currency market buisness, and I will
      strongly recommend expert Mrs Anna

  • @samsunpen15
    @samsunpen15 3 года назад

    where do you put your btc? does ledn take ethereum?

    • @dhoneysett
      @dhoneysett  3 года назад

      No Ledn only takes Bitcoin or USDC

  • @Vetral_LTD.
    @Vetral_LTD. 3 года назад +3

    LEDGER NANO NEVER FROM AMAZON --check google

  • @DelargeBeatss
    @DelargeBeatss 3 года назад

    Thank you for this great video. What do you think about Blockfi?

    • @dhoneysett
      @dhoneysett  3 года назад

      Id compare it to Ledn. Probably has more trust because they have more backing and users

    • @DelargeBeatss
      @DelargeBeatss 3 года назад +1

      @@dhoneysett Thank you Darren

    • @koolaidpuc
      @koolaidpuc 3 года назад

      @@dhoneysett would you recommend Blockfi over Ledn for canadians ?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@koolaidpuc I think they work the same. Whatever you feel best with Ledn.io is headquartered in Canada. And think has a little better return

  • @RipplesBeauty
    @RipplesBeauty 3 года назад

    Darren, do you have a Referred Code for Celsius Network? Also, can you do a video for them?

    • @dhoneysett
      @dhoneysett  3 года назад

      Hi Sheri, no I don't. I will be doing a video on compound. The decentralized version

  • @Coffewithsteve
    @Coffewithsteve 3 года назад +1

    If your coins are staking should I get cold wallet.

    • @taliashepard5537
      @taliashepard5537 3 года назад

      Everyday of my life I keep thanking God for directing me to your path you are a God-sent now I'm debt free @luna_kai_crypto_trade_ on Instagram?

    • @truetradinggroup6586
      @truetradinggroup6586 3 года назад

      +6>
      INBOX...now

  • @CatholicK5357
    @CatholicK5357 2 года назад +1

    That's really interesting. Do you know what the percentage is on Ledn is for the loan compared to the 6% interest on balance?

    • @dhoneysett
      @dhoneysett  2 года назад

      They are separate the interest account and the loans. Typically you pay about 11-12% on the loan

  • @rhettboon1372
    @rhettboon1372 2 года назад +2

    Are there any Canadian wallets you can wire transfer or etransfer out of?

    • @dhoneysett
      @dhoneysett  2 года назад

      Not unless you use a custodial exchange like shakepay or ledn.io

    • @prajasingh7352
      @prajasingh7352 2 года назад

      I will strongly advice you against self
      trading, it's really dangerous and had
      brought so many investors down, you need
      some one with the knowledge and
      strategies, someone dedicated to the
      crypto currency market buisness, and I will
      strongly recommend expert Mrs Anna

    • @prajasingh7352
      @prajasingh7352 2 года назад

      †𝟭7𝟭56𝟵𝟮7𝟭𝟮𝟬█ ▇ ▆ ▅

  • @omidmojo9033
    @omidmojo9033 3 года назад

    what are your thoughts on Bitbuy, they have 95% cold storage, so they say?

    • @dhoneysett
      @dhoneysett  3 года назад

      Ive tried. If you were to keep it on an exchange Its good. However they have high withdrawal and deposit fees. All I they take about 15%. But you should not store your bitcoin on any exchange. Look what happend with RobinHood. And anytime they could lock you out, stop you from, selling, or buying. So if buy Bitcoin make sure to send it to a secure wallet.

  • @orthodox9191
    @orthodox9191 2 года назад +2

    Hello. I have some Ethereum and Litecoin on paper wallets. Could you recommend how I can transfer these to an online wallet? Thanks!

    • @dhoneysett
      @dhoneysett  2 года назад

      Blockchain .com will let you import wallets for these coins. I don't recommend keeping them on the wallets you import to blockchain .com for long but will allow you to transfer them to a safer place.

    • @prajasingh7352
      @prajasingh7352 2 года назад

      I will strongly advice you against self
      trading, it's really dangerous and had
      brought so many investors down, you need
      some one with the knowledge and
      strategies, someone dedicated to the
      crypto currency market buisness, and I will
      strongly recommend expert Mrs Anna

    • @prajasingh7352
      @prajasingh7352 2 года назад

      †𝟭7𝟭56𝟵𝟮7𝟭𝟮𝟬█ ▇ ▆ ▅

  • @Coffewithsteve
    @Coffewithsteve 3 года назад

    What your favorite all coins to invest in.

  • @foresttrekker705
    @foresttrekker705 3 года назад +1

    Is it a bad idea to use multiple wallets or multiple exchanges? Thanks, super new to crypto! Kind of intimidating

    • @dhoneysett
      @dhoneysett  3 года назад +1

      Multiple wallets could be a good idea. You will pay more fees. But spreads your risk and helps with privacy. Multiple exchanges are not a good idea because your giving multiple companies trust of your information.

    • @foresttrekker705
      @foresttrekker705 3 года назад

      Awesome thanks

  • @lagloriaglorioso4985
    @lagloriaglorioso4985 2 года назад +1

    Great videos, can I store Ethereum in blue wallet? Or is it only for Bitcoin?

    • @dhoneysett
      @dhoneysett  2 года назад

      Thank you. It's a Bitcoin only wallet.

  • @Pepesilvia750
    @Pepesilvia750 3 года назад +2

    Any thoughts about using a vpn when opening an account and making transaction on any platform?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      I'm skeptical of VPNs. All our centralized companies that in theory could collect all your information for their own use. Looking for a smart contract VPN.

    • @nelfmo910
      @nelfmo910 3 года назад

      @@dhoneysett great video! so what do u suggest for users to have at home for added security when accessing sites/apps like ledn? what do u use yourself?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@nelfmo910 definitely Should have Brave browser. And set up 2 factor authentication for sign-in

    • @jimmycarjean3142
      @jimmycarjean3142 3 года назад

      @@dhoneysett Darren can I still add my ether in a wallet after I bought them or did I have to get a wallet before I bought them ?

    • @dhoneysett
      @dhoneysett  3 года назад

      @@jimmycarjean3142 you can get a wallet anytime and move them anytime you want! The power of decentralization!

  • @BlakeJacques
    @BlakeJacques 3 года назад

    for canadians, should i use binace us or binance? my funds are on binace but should i trasnfer them to binance us?

    • @harryedmunds2125
      @harryedmunds2125 3 года назад

      Expert Christopher is reliable and responsible to trade with, I was able to grow up my 0.59BTC to 2.2btc in four weeks 🙌🙌

    • @harryedmunds2125
      @harryedmunds2125 3 года назад

      @ whatsapp + 1 3 2 3 2 0 7 1 8 7 8

    • @roddyrodrodrod
      @roddyrodrodrod 3 года назад

      bINANCE OF COURSE.

  • @trevmart93
    @trevmart93 3 года назад +1

    So hypothetically you could buy Bitcoin from somewhere like Shakepay then transfer the Bitcoin to a Ledn wallet where it will likely grow in value in addition to earning 6% interest which is paid in Bitcoin?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      100%

    • @trevmart93
      @trevmart93 3 года назад +1

      It's starting to make sense! My other question would be about how tax (if any) word work. Would you have to claim earned interest/capital gains to the CRA? Or because it's a decentralized system do you avoid paying taxes on that?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@trevmart93 not sure specifically with earned BTC interest on ledn.io. From what I know it's as soon as you sell to another asset or currency you are taxed. They even say avoid paying capital gains buy taking our a loan on their app.

    • @dhoneysett
      @dhoneysett  3 года назад +2

      @@druidicnorse9 what is ARRR? The real middle finger to the government is to go on a Bitcoin standard. Never sell and use bitcoin for every purchase

  • @nicholasmcroberts6800
    @nicholasmcroberts6800 3 года назад +2

    So i have a question, im in ontario and my bank wont let me buy any btc on binance , any ways around this? I have tried buying crypto on coinbase and same thing happens really stuck here .. any help is greatly appreciated (:

    • @dhoneysett
      @dhoneysett  3 года назад

      Yeah man check my channel I made a Video best place to buy Bitcoin in Canada. Explains your exact problem!

    • @roddyrodrodrod
      @roddyrodrodrod 3 года назад

      Move your funds to a different bank.

  • @grittygoat7581
    @grittygoat7581 3 года назад +1

    I use Exodus and Bitbuy and I love them both but I not once moved my crypto from either of them to trade and I just received a Cryto. Com Visa card. Still figuring all of this out.

    • @bitcointips8557
      @bitcointips8557 3 года назад

      Massage to start making profits in crypto

    • @bitcointips8557
      @bitcointips8557 3 года назад

      WhatsApp +1..6..1..8..2..2..1..4..3..9..6

  • @darkstar8138
    @darkstar8138 2 года назад +1

    I heard theres issues with getting btc off atomic wallet

    • @dhoneysett
      @dhoneysett  2 года назад

      Yeah I've actually had a problem with atomic once, I will be doing an update to this video. For Bitcoin is use Blue wallet or Muun. For Altcoins I'd use Exodus

  • @Bryan_Salvador
    @Bryan_Salvador 3 года назад +1

    Have u checked out Celsius? If so, what do you think of them?

    • @dhoneysett
      @dhoneysett  3 года назад

      Hi Bryan. From my research they are the best centralized lending platform. However they are not decentralized, If decentralization (no owners just verifiable code) is important to you. I would recommend compound. Less coins, less % APY but a little safer.

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @newleo3115
    @newleo3115 3 года назад

    what would happen of you sell below the market, like example put in an sell order but put your limit at $1 on your 1 Eth token thats worth $1500.... when you hit the Sell button would it just sell immediately to the first person in line and would they then get 1 full ETH token for a dollar and id be shit out of luck?

    • @bitcointips8557
      @bitcointips8557 3 года назад

      Massage to start making profits in crypto

    • @bitcointips8557
      @bitcointips8557 3 года назад

      WhatsApp +1..6..1..8..2..2..1..4..3..9..6

    • @roddyrodrodrod
      @roddyrodrodrod 3 года назад

      Yes, you'd instantly lose your ETH. Why would you do this?

    • @newleo3115
      @newleo3115 3 года назад

      @@roddyrodrodrod because fuck ETH that's why, I'm sick and tired of thier network fees and gas fees as far as I'm concerned they can leave the crypto space and be replaced fully by cardano 🔥🚀

  • @cascafdasca6379
    @cascafdasca6379 3 года назад +1

    Whats your opinion on blockfi compared to Ledn

    • @dhoneysett
      @dhoneysett  3 года назад +1

      I havn't tried so disclaimer, But I think it looks really good lots of good reviews, seems like all Bitcoiners accept them as a good company. They have more users so I would say its less risky than Ledn.io but that means less APY%. I'm happy with Ledn and they are Canadian so I thought id give them the love.

    • @roddyrodrodrod
      @roddyrodrodrod 3 года назад +2

      BlockFi are a good option. Been using them for over a year. Celsius too.

  • @JasonLorette
    @JasonLorette 3 года назад +1

    Great information dude, your audio is very low on your videos and I have to crank it way up, keep feeding the great information.

    • @dhoneysett
      @dhoneysett  3 года назад +1

      Thanks trying to figure out better mic setups.

    • @JasonLorette
      @JasonLorette 3 года назад +1

      @@dhoneysett - there are two great mic’s reviewed on my channel, both by Deity. One is a really inexpensive Lav mic that works really well. There’s links there for both, let me know if you have any questions. 😎

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@JasonLorette ok great thanks I'll check out. I've been filming with a DJI Osmo Pocket. Got the Mike dongle but doesn't match the video. So I have to use a separate recording device, using rode mini I think. So I'll need something that will work with a phone or recorder. Thanks.

    • @JasonLorette
      @JasonLorette 3 года назад +1

      @@dhoneysett - I record all my vids with my phone so both will work. Most are with my Deity D3 pro but in the Lav video I compare, iPhone to Lav, to shotgun.

  • @YouTubeGuyAllTheTime
    @YouTubeGuyAllTheTime 3 года назад

    I'm in Canada. I want to buy some Doge just for fun, but also to start to understand how the crypto market (world) works. What is the best way to start? Based on my limited research Atomic Wallet looks the best to buy, sell, on one platform. Am I correct? Thanks

    • @dhoneysett
      @dhoneysett  3 года назад

      Yes you need to transfer something in first to atomic wallet before making the swap

  • @Dunitanime
    @Dunitanime 3 года назад

    Can this be applied to eth?

  • @stando4680
    @stando4680 3 года назад

    Hi. How do they earn if they give out 12.5% on USDC? BTW, I have some BTC on LEDN too.

    • @dhoneysett
      @dhoneysett  3 года назад +1

      They put your USDC to work in a pool and lend it it to others they probably take a percentage between us and them. Guess rates for USDC are high

  • @carenlook7902
    @carenlook7902 3 года назад

    how long does the $30 take to show up in your shakepay account

    • @dhoneysett
      @dhoneysett  3 года назад +1

      Once you buy $100 worth should be pretty soon. I hear it's backed up 24hr because of record buying on the site.

    • @carenlook7902
      @carenlook7902 3 года назад

      @@dhoneysett thanks, you come off as so real and honest. keep up the great work.

  • @themickles
    @themickles 3 года назад +1

    my exchange says withdrawal fees are .001 BTC, so todays price would be like $50. I'm going to need a minimum 10k to make it even worth while to withdraw off the exchange to these wallets, right??

    • @dhoneysett
      @dhoneysett  3 года назад +1

      Go to another exchange, like Shakepay: 0 withdrawal fees. But if you are already on just exchange it. Id rather have $9950 than have $10,000 of my bitcoin just sit on an exchange.

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @victor_p16_62
    @victor_p16_62 3 года назад

    How does the taxes work in Canada when buying bitcoin?

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @groovygrover190
    @groovygrover190 3 года назад

    Am I confused? You keep saying shakepay is free withdrawals but it's not free because they do not offer you the full value of BC when you do. They take 1.5 % off the top of the price automatically..

    • @dhoneysett
      @dhoneysett  3 года назад

      Well others will charge you 1.5% and then charge you fees on top of that to take it off their platform. Shakepay does not. Checkout my shakepay review explain it all there

    • @groovygrover190
      @groovygrover190 3 года назад

      @@dhoneysett Thanks for your response. Basically I am trying to start day trading bitcoin, so I bought in at 44k and sold at 46k later that day and made nearly nothing. Any idea what option is best for this. I assume binance?

  • @Mrcool179
    @Mrcool179 3 года назад +1

    The Ledn app has no reviews on the play store.... kinda sketchy

    • @dhoneysett
      @dhoneysett  3 года назад

      I didn't even know they had an App. Must be brand new. Always just used their web app.

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @georgeboyer7245
    @georgeboyer7245 3 года назад

    Heard Axisoption wallet is the highest paying and most secure bitcoin interests wallet. How true is this?

    • @joeterry5770
      @joeterry5770 3 года назад

      I have been using this wallet for more than 6 months and I have been earning the 10% interests on my bitcoins.

    • @kelvinstones979
      @kelvinstones979 3 года назад

      I use this wallet too, I must say it has been very profitable to keep my bitcoins on Axisoption wallet

    • @kendrickmauricio9964
      @kendrickmauricio9964 3 года назад

      I’ve been using Axisoption since early November. So far so good. I’m in the US so there are a few limitations that I’m not happy about but that is not on Axisoption, that’s on the US government.
      Interest has been paid daily, on time, like clockwork. Transferring from my exchange wallet to my Axisoption wallet was seamless. I’ve withdrawn a few times to pay for things which went smoothly.
      I used changelly through the on site button to purchase BTC for the interest rate. That process was smooth as well.
      My only hiccup with them was when it came to advanced verification/KYC. I sent in my verification documents and didn’t hear back for about 4 days. I finally reached out to AxisOption support and my verification was processed 24 hours later.
      If you’re ok with the initial risk, I’d say hop aboard.

  • @homann638
    @homann638 3 года назад +1

    it's funny how much Robo adverts are attracted to your comments section.....lol

    • @dhoneysett
      @dhoneysett  3 года назад

      I know it's a Crypto thing. But maybe they help the algorithms lol. So I'll let em lurk

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @Dondon_s
    @Dondon_s 3 года назад

    I am very new to crypto i would like to know how you buy and sell and what is the best apps that we can use as beginners that is not complicated by means of learning a lot on how to deposit funds by buying crypto to buy a crypto?

    • @dhoneysett
      @dhoneysett  3 года назад

      Watch my best place to buy Bitcoin in Canada. If your in the USA use swan Bitcoin.

  • @takatastore6338
    @takatastore6338 3 года назад +3

    " Everybody knows their face, they are not going to scam you" ---> (coughing) Madoff....

  • @dariomilkovic4848
    @dariomilkovic4848 3 года назад

    how do you take money oout of atomic wallet and put it in your bank?

    • @dhoneysett
      @dhoneysett  3 года назад

      No atomic wallet is a storage device for sorting your keys to your crypto on the blockchain. No dollars will ever touch atomic wallet.

    • @dariomilkovic4848
      @dariomilkovic4848 3 года назад

      @@dhoneysett i don't get it though. is my crypto currency stored on atomic wallet or just my keys? what i want to know is how do i get crypto converted into dollars and how do i get those dollars into my bank account.

    • @dhoneysett
      @dhoneysett  3 года назад

      @@dariomilkovic4848 for beginners it is easy to.think that your crypto is stored in the wallet. In reality all wallets just store your keys and allow you to send or receive. In order to sell your crypto for money you need to find an exchange to trade it back to dollars.

    • @dariomilkovic4848
      @dariomilkovic4848 3 года назад

      @@dhoneysett oh ok, thanks darren. do you know any good exchange sites?

    • @dhoneysett
      @dhoneysett  3 года назад

      @@dariomilkovic4848 yeah use shakepay or Newton in Canada. I got a video on what's best

  • @jomash1357
    @jomash1357 3 года назад

    Hello Darren, I am your new subscriber. I like to watch your videos. I have a question regarding buy and sell crypto coins. Where can I buy and sell crypto coin? Any recommendations for online applications please. Thanks

    • @dhoneysett
      @dhoneysett  3 года назад

      I would say besides crypto.com maybe Binance?

  • @sahandkeshavarz371
    @sahandkeshavarz371 3 года назад

    with the new canadian regulations, where would you suggest keeping our crypto. I heard that the government is able to turn our crypto into CAD at any time they want

    • @dhoneysett
      @dhoneysett  3 года назад

      Hahah. No not if you hold it yourself. No chance they could break a wallet. Unless they knock on your door and force it out of your hands. Just don't hold it on exchanges and you will be fine.

    • @sahandkeshavarz371
      @sahandkeshavarz371 3 года назад +1

      @@dhoneysett so by exchanges, does that also mean the websites that give you interest as well? Or just Coinbase and Binance

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@sahandkeshavarz371 yes all places that give you interest also. Like Lend.io unless it is a decentralized platform or non custodial with Multi Sig.

  • @NaiveAgenda
    @NaiveAgenda 3 года назад +1

    Have you looked at Ember Fund?

    • @dhoneysett
      @dhoneysett  3 года назад

      Not too much all I know you get to keep your keys. Is this true?

    • @NaiveAgenda
      @NaiveAgenda 3 года назад

      @@dhoneysett no, my friend recommended so o downloaded but am hesitant cause it’s hard to find details.

    • @dhoneysett
      @dhoneysett  3 года назад

      @@NaiveAgenda true just a brief look seems like its hard to find a good review. I'd look into Melon Protocol maybe you can invest in funds with your ERC 20 wallet. If you want to do that.

    • @James-ez4ff
      @James-ez4ff 3 года назад

      Write my manager on what's app to make huge profits in BTC, currently he's trading my cryptos for me and making me huge gains in return

    • @James-ez4ff
      @James-ez4ff 3 года назад

      *+ 1( 9 0 8 ) 2 7 4 - 0 9 6 5*
      Do well to Tell him I referred you to him

  • @CM___617
    @CM___617 3 года назад

    Where do you hold your crypto? Cold or hot wallet?

    • @dhoneysett
      @dhoneysett  3 года назад

      Cold. You will move up for more security as your money grows. Helps you sleep at night. But have had funds in hot wallets for years. trust them.

    • @CM___617
      @CM___617 3 года назад

      @@dhoneysett thanks

  • @davidsuit4005
    @davidsuit4005 3 года назад

    Great stuff. I watch several youtube videos on how to trade in the stock market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

    • @crystalballou6603
      @crystalballou6603 3 года назад

      Have you considered consulting an investment advisor or using a portfolio manager?

    • @donnajackson8001
      @donnajackson8001 3 года назад +1

      I want to go into stock but i need a certified/registered professional who will guide and handle my account.

    • @jeffreybiden3577
      @jeffreybiden3577 3 года назад

      JOANNA MALIVA LEE search her on web, she is very popular

    • @jeffreybiden3577
      @jeffreybiden3577 3 года назад

      Joanna Maliva Lee is one of the trader I have ever worked with in the past few years, she knows how best to deal with whatever market situation.

    • @donnajackson8001
      @donnajackson8001 3 года назад

      Ok, just found her website, impressive, Thank you.

  • @karleystrongoli662
    @karleystrongoli662 3 года назад

    BlockFi?? 8.6% interest?

    • @dhoneysett
      @dhoneysett  3 года назад

      Yeah check blockfi out could be better

  • @countrylife_gift
    @countrylife_gift 2 года назад

    What a relief! This dude above has proven the extent he could go in getting a job done in order to maintain his integrity. The assistance he's offered in getting this issue resolved makes me wanna have an experience with him all over again. Keep up the great job!!

  • @stormkaos475
    @stormkaos475 3 года назад

    Do you think it's safe to keep large sum of cryptocurrency in Shakepay?

    • @dhoneysett
      @dhoneysett  3 года назад

      Try to keep money on Shakepay or any exchange to a minimum amount of time. But yes the app will be able to handle it.

    • @stormkaos475
      @stormkaos475 3 года назад

      @@dhoneysett Is it worth it to buy a hard wallet? When should I buy one?

    • @dhoneysett
      @dhoneysett  3 года назад +1

      @@stormkaos475 they are about $100-$180 so if you want to spend that money on storage it could be worth it. I'd say if you have over $1000 locked up in Bitcoin that's when you should consider

    • @Anomalyy666
      @Anomalyy666 2 года назад +1

      @@dhoneysett what about hot wallets? There was this guy who post 200m Bitcoin and no one was able to hack him. What's the best free one?

    • @dhoneysett
      @dhoneysett  2 года назад +1

      @@Anomalyy666 yes no hot wallet has been hacked to date. The problem is software that could screen record you, or your keystrokes to get you your password. I would use Exodus or Blue Wallet for a free hot wallet.

  • @angelajones5728
    @angelajones5728 3 года назад +3

    Excellent video. But you see trading cryptocurrency requires more than just a primary knowledge of crypto. It is advisable to trade with an expert to avoid unnecessary losses. Trading with Mrs Josephine has been really productive. In fact i would say she is the best broker.

    • @lucasmaria9105
      @lucasmaria9105 3 года назад

      Wow it’s nice seeing someone else talk about Mrs Josephine, I can boost of being financially buoyant because of the massive profits i made from trading with her.

    • @angelinagraham9974
      @angelinagraham9974 3 года назад

      I’m new to all this, how do I get in with your broker?

  • @raheelrahman7882
    @raheelrahman7882 3 года назад

    Hi Darren. Thank you so much for the information. Wondering if you can please provide your email to get in contact with. Currently with BitBuy at the moment.

  • @antoniojuan6620
    @antoniojuan6620 3 года назад

    Explore "Cryptobase store"

  • @judychamber4157
    @judychamber4157 3 года назад

    WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS. ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.. which is investing persistently a little to get more

  • @mohammedakhil10
    @mohammedakhil10 3 года назад

    I'm a forex trader. Which one will be the best bitcoin wallet for me to fund and withdraw my forex trading account?

  • @raheelrahman7882
    @raheelrahman7882 3 года назад

    Someone from the US who knows a lot about crypto suggested this. Wondering about your input. bitfi.com/ as it's decentralized which he states is better so there is not a risk of any loss overall.

    • @dhoneysett
      @dhoneysett  3 года назад

      Never heard of that. Wondering how there could be no private keys...

  • @titisarah552
    @titisarah552 2 года назад +5

    My greatest happiness is the $ 28,000 biweekly profit I get consistently..

    • @morris4620
      @morris4620 2 года назад

      I'm from Russia even when the war is still on and people found it defficult to feed, I didn't feel it because of Mrs Nora who helped me in earning profit on daily basis she is my savior

    • @sbxvnnvj
      @sbxvnnvj 2 года назад

      I've got up to 700K returns since I came across Mrs Nora trading platform, my financial life has completely changed all thanks to Mrs Nora

    • @o.jbenchimas5694
      @o.jbenchimas5694 2 года назад

      I have heard a lot about trading and Investments with Mrs Nora, how good she is and how she has helped people through investment.

    • @joeljoshua7575
      @joeljoshua7575 2 года назад

      wow😮i know her and i have also been trading with her, she's such an amazing woman with good skills keeps me happy all week knowing i earn 15thousand extra income trading with her.

    • @dorisjoshua9285
      @dorisjoshua9285 2 года назад

      Oh please, how can someone get to speak with mrs Nora!!?

  • @sophiedan1516
    @sophiedan1516 3 года назад +1

    Cryptocurrency investments is not magic. you're not going to be a million richer overnight, but it's a good background to raise your finances at a steady growth. You need a proper understanding on it's step by a superb broker to trade for you, Ms Gabriella West can help you.

    • @catalano4735
      @catalano4735 3 года назад

      Crypto investment holds several benefits and detriments so it's advisable for investors to be cautious with decisions. You should understand the basis of crypto currency investments and do research to acquire profitable trading results, that's why I let expertise Gabriella West handle my trading account.

    • @benkent4657
      @benkent4657 3 года назад

      Most people don't put in pre-work required for profitable trading results and that draws attention to the huge looses of investors.

  • @youngtimothy7708
    @youngtimothy7708 3 года назад

    I was told that every achievement begins with a decision to try. I never knew till I made 6btc from trading with Expert Brenda . Ignorance destroy so many opportunities,Am a greatful heart

  • @countrylife_gift
    @countrylife_gift 2 года назад

    What a relief! This dude above has proven the extent he could go in getting a job done in order to maintain his integrity. The assistance he's offered in getting this issue resolved makes me wanna have an experience with him all over again. Keep up the great job!!

  • @judychamber4157
    @judychamber4157 3 года назад

    WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS. ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.. which is investing persistently a little to get more

    • @debraevers9458
      @debraevers9458 3 года назад

      That's true.

    • @susanellenburg6555
      @susanellenburg6555 3 года назад

      Cryptocurrency is a gamble. But everyone should be investing on.

    • @sarabradford3241
      @sarabradford3241 3 года назад

      Cryptocurrency is a gamble. But everyone should be investing on.

    • @sarabradford3241
      @sarabradford3241 3 года назад

      Everyone knows cryptocurrency is not a gamble majorly for the extremely rich.. It's an invest'ment to compete with the rich and the government. Everyone can do it no restrictions.

    • @elenacondon8743
      @elenacondon8743 3 года назад

      But anyone who is not investlng now is missing a tremendous opportunity.