QUOTE(zeroblaze @ Feb 16 2021, 11:56 PM)
Hi guys,
Newbie to cryto mining. I'm currently mining from Nicehash. Just started mining about a week ago. I tried googling around but it seems to be Coinbase is not supported in Malaysia (nearest is SG).
Questions:
1. How do you all transfer/manage your BTC earnings?
2. What's the easiest and cheapest way to cash out to MYR?
3. What wallet to use if I don't want to cash out and keep my mined BTC?
Thanks in advance!
Best way is to conver to xrp / ltc once you accumulated certain amount to either sell or position yourself back to stable coins or other alt coins of your choice.Newbie to cryto mining. I'm currently mining from Nicehash. Just started mining about a week ago. I tried googling around but it seems to be Coinbase is not supported in Malaysia (nearest is SG).
Questions:
1. How do you all transfer/manage your BTC earnings?
2. What's the easiest and cheapest way to cash out to MYR?
3. What wallet to use if I don't want to cash out and keep my mined BTC?
Thanks in advance!
since these 2 are the most common used and one of the cheapest in transaction fees.
2. most hassle free way is to directly sell at luno but will cost you 4% if not mistaken.
3. you can store in nicehash, other exchange or transfer to physical wallets.
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alternative way of playing is to keep your mining profits in nicehash, learn to mine on other software or pools and buy hash power to mine back the coins into your other wallet.
need to check from time to time. you will be able to get more coins than you initially mined or less depending on hash power rates.
This post has been edited by jett138: Feb 17 2021, 12:54 PM
Feb 17 2021, 12:52 PM

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