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Cryptoverse Hub FAQ

Cryptoverse Hub FAQ

Cryptoverse Hub FAQ

What is Web3?

Web3 has become a catch-all term for the vision of a new, better internet. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership.

What is Cryptocurrency?

At its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in 2008, was the first cryptocurrency, and it remains by far the biggest, most influential, and best-known. In the decade since, Bitcoin and other cryptocurrencies like Ethereum have grown as digital alternatives to money issued by governments.

How could i access Web3 applications?

The only way to connect to DApps on Web3 is with a crypto wallet. And it’s up to you to decide whether that crypto wallet is an extension on a browser like Chrome, or a built-in wallet.

What Crypto wallet Cryptoverse Hub use?

We recommend our users to get a MetaMask wallet to access our cryptoverse Staking and other DApps. However, users are always free to use other wallets.

What is Cryptoverse Token (Quid)?

Cryptoverse Token (Quid) is a reward token that operates on the Polygon blockchain network. Cryptoverse Token (Quid) is an ERC-20 compliant token that can be earned by utilising the freely available tools on Cryptoversehub.xyz and Greenquid.net. Cryptoverse Token provides a straightforward way for users to access decentralised applications and take advantage of the opportunities in the Web3 sector. 

How to withdraw earned Crypto?

Just go to our withdraw earnings section and choose to withdraw earnings in crypto.

Please don’t hesitate to get in touch if you have any other questions!!

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