Guides
Plain guides to crypto words, wallets, seed phrases, gas fees, Robinhood Chain and giving crypto as a group.
- How to buy a Steam gift card with cryptoSteam stopped taking bitcoin in 2017, so you buy a Steam Wallet code from a gift card seller that takes crypto, then redeem the code on Steam.
- Crypto gas feesA gas fee is what you pay a blockchain to process your transaction. It is paid in the chain's own coin, ETH on Ethereum and on most layer 2s.
- What degen meansDegen is short for degenerate. In crypto it is somebody who takes wild risks on new or unknown coins.
- What diamond hands meansDiamond hands means holding on and not selling when a price falls. Paper hands means selling at the first scare.
- ENS domainsAn ENS domain is a readable name, such as alice.eth, that points to a wallet address. People can send to the name instead of a long 0x address.
- How to find your Coinbase wallet addressIn the Coinbase app, open Pay, pick the coin, tap Receive and pick the network. Your address and its QR code appear.
- What fren meansFren means friend. It is a soft, jokey spelling, and in crypto it means somebody in your corner.
- What FUD meansFUD stands for fear, uncertainty and doubt. In crypto it means bad news, or talk that makes people want to sell.
- What gm meansgm means good morning. In crypto it is hello, at any hour.
- What HODL meansHODL means to keep your crypto and not sell, even when the price drops. It began as a typo of hold.
- How to gift cryptoTo gift crypto, send it from your wallet or exchange to their wallet address on the same network. A payment cannot be taken back.
- How to send cryptoGet the person's address and the network it is on. In your app, choose Send, paste the address, pick the same network, then check and confirm.
- Is MetaMask safeMetaMask is safe to use if you keep your Secret Recovery Phrase to yourself and check what you sign. People who lose money with it are almost always tricked into one of those.
- Is Phantom wallet safePhantom is a legitimate self-custody wallet, and it warns you before you sign something risky. It cannot protect a recovery phrase you give away.
- What lfg meanslfg means let's fucking go. In games it means looking for group.
- How to add a token to MetaMaskTo add a token to MetaMask, open Manage tokens, choose Add custom token, pick the network and paste the token's contract address. The token must be on a network MetaMask already has.
- What rekt meansRekt is wrecked, spelt the way it sounds. In crypto it means you lost badly, usually on one trade or one hack.
- Robinhood Chain: the detailsRobinhood Chain is Robinhood's own blockchain, a layer 2 on Ethereum built with Arbitrum. Its explorer is robinhoodchain.blockscout.com and its chain ID is 4663.
- Robinhood WalletRobinhood Wallet is a self-custody crypto app from Robinhood. You hold the keys, not Robinhood, and it is separate from the Robinhood app.
- What a rug pull isA rug pull is when the people behind a crypto project take everybody's money and disappear. The coin drops to nearly nothing.
- Self-custody crypto walletsA self-custody wallet is one where you hold the keys, so nobody else can move or freeze your crypto. If you lose the keys, nobody can get them back for you.
- How to send crypto on CoinbaseIn the Coinbase app, choose Send, pick the coin, paste the address or a Coinbase user's email, pick the network, then preview and send.
- How to send crypto on RobinhoodYes, you can. Turn on crypto transfers, then open the coin, tap Send, paste the address, pick the network, and review and submit.
- What ser meansIn crypto, ser means sir, spelled wrong on purpose. It is polite and a little bit teasing.
- What wagmi and ngmi meanwagmi is we are all going to make it. ngmi is not going to make it.
- What wen meanswen means when. In crypto it is an impatient question about when something is coming.
- What a seed phrase isA seed phrase is a list of 12 or 24 words that can rebuild your crypto wallet on any device. Whoever has the words has the money.
- What a wallet address isA wallet address is the public string of letters and numbers that people send crypto to. Sharing it is safe. It cannot be used to take anything out.
- What USDG isUSDG is Global Dollar, a stablecoin issued by Paxos. One USDG is meant to be worth one US dollar and can be redeemed for one through Paxos.