This should be a short lived topic…
So I have a KD box pro… Do I need a Kadena wallet to withdraw the profit to…? Maybe my NH or coinbase accounts…??
This should be a short lived topic…
So I have a KD box pro… Do I need a Kadena wallet to withdraw the profit to…? Maybe my NH or coinbase accounts…??
IMO, if you plan to report your mining rewards and pay taxes and stuff, then CoinBase is a decent place.
If you plan to use a wallet of your own, get it from Kadena website. (plenty of reviews/topics of those here on the forum).
I would recommend TradeOgre exchange, if you want to use an exchange that is minimal KYC and easy.
There is a lot more to it. KDA use’s chains 0 - 19 and certain exchanges use certain chains.
Study https://kadena.io/ more specifically the Docs. section https://docs.kadena.io/ .
Those Docs are the ‘Go To’ answers for everything Kadena. Take time to get a good understanding of the network transfer Chains. Any KDA issues I ever see revolve around mis-chaining , meaning they sent on, for instance, Chain-1 to an exchange that receives only on Chain-2 .
I was mining to Binance until recently when I pulled everything off exchanges.
I’m mining to the Zelcore wallet now as I’m trying to avoid having a different wallet for everything. Everything else is in Exodus, but Exodus didn’t to KDA as far as I can see.
I tried setting up the Kadena wallet… but me or my PC didn’t know how to install that virtual windows software… and that was only half of the install… so I gave up as it shouldn’t be that difficult. haha… So I’ll just mine\hash away for 6 months or so and then send it all to my coinbase and figure out the taxes on it next year or if and\or when I sell it.
10-4 on the docs…
Binance is bad news these days… even though I thought I’d try their savings plan and added $50 to it… Then the market went south… and have lost a good $15 of it or more by now.
Gotta chalk it up to OH WELL…