I am a new storage operator (started in April).
I used my Coinbase wallet address when I started the node.
But looking at the following documentation, now I am not sure if I can:
It say ERC-20 compatible wallet which Coinbase wallet is but the next part to which you hold the private key yourself. that confuses me.
It is very important to note that an exchange address is not a valid address unless it is of the type that enables you to hold the private key yourself (decentralized exchange).
I guess the above statement is very clear on that.
I have the following questions:
Can I use the Coinbase wallet to receive the payouts?
If not I can change the address but will it affect the payout and how would that be resolved?
Thank you for your help.
And now the next question
I have changed the address, I am not sure if storj tried to pay in the old address, would I be getting any notification via email or somewhere where it says the payment is done?
Yes you can, and you hold the private keys.(also make backup of them, )
Just make sure you use the right address for Storj tokens. Go to receive, and find the token, copy the addressā¦
I use coinbase wallet personally to hold my STORJ from SNO payouts. I think there is a bit of confusion between the Wallet application (https://wallet.coinbase.com/) and the Consumer trading application (https://www.coinbase.com/).
If you use the wallet, you can not buy and sell on coinbase
True but the more tech savvy people will understand the difference. So to avoid any further confusion for layman I would still recommend suggesting people to use MEW.
For most itās a question of whether to use Coinbase or not. Throwing the explanation of what those 2 links mean would need more effort.
Yes, finally - the app āCoinbase Walletā works just fine to receive STORJ.
Iāve seen various people in these forums instantly respond āNo, you canāt use Coinbase Wallet!ā, not understanding that āCoinbaseā & āCoinbase Walletā are two separate services.
Thank you all for your valuable inputs.
Still lot to learn for me
I see the difference and yes I did not use the Coinbase wallet, I had it but I used the address from the coinbase trading app when I configured the node.
Anyways I see that getting the storj from that app is a lost cause (as I do not know the private key and there have been many people asking Coinbase to support it but they havenāt).
[Just my novice opinion but somehow I did not like the way Coinbase operates - why create two modes and confuse people]
To avoid confusion I agree that its better to use MEW or other wallets that allow total control of your keys.
After lots of experimentation and several mistakes/wrong turns/lost time and funds, Iāve found that using Metamask and adding an account for my STORJ payments works out great. Metamask provides web3 injection to use various DEX platforms such as uniswap ā¦ So, all I need to do is have about $1.00 in ETH in the account address that receives my STORJ payment.
For long term tokenized funds, I have a cold wallet address.
@anon27637763, could you provide a step by step instruction on how to get Metamask to work. I have also lost payments due to something not working correctly with what I am doing. I have read about using MEW, Metamask, and Atomic wallet, all with no success, either not receiving Storj into my wallet, ot like Atomic (and also Nicehash) the fees are way too high to received Storj to the point the fees are greater than the amount received.
thereās no fee for receiving storj tokens on atomic wallet. exchanging them to something else of course has network fees, but thatās the case everywhere unless your wallet is directly linked to an exchange.
I would like to suggest you to check your addresses on the https://etherscan.io/ on the Tokens tab.
I think you have not lost anything. Especially if you have a private keys for those addresses
Yay, digging out an old thread I just played around with the coinbase wallet and transferred STORJ directly to it, works without a problem. My current plan is to just transfer it to ETH and then keep it stored safelyā¦
Is there a way to use coinbase wallet with uniswap to make it ETH from there? Or do I need to do that on my MEW, swap and then transfer? (I want to keep the wallet separated from where I get the STORJ and where I then hold my ETH).
Or and any experience with APR / interests and using it through the coinbase wallet app?
Thanks - I didnt realize I have to manually add the URLs. For me that 4 square button was showing a blank pageā¦ but added the URL now and it shows. Thanks!
Dear Community,
Iām not sure if it is possible to transfer directly to my coinbase/coinbase pro storj address? Last reply was 1 year ago, maybe something changed.
If it is not possible, is there any alternative to MEW? I found quite expensive to send from MEW to Coinbase.
Any suggestion is welcome
Gergo
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