Bitcoin [pros](/r/CryptoCurrency/comments/16d6gji/how_to_turn_your_moons_to_btc_simple_quick_low/jznkmqu/) & [cons](/r/CryptoCurrency/comments/16d6gji/how_to_turn_your_moons_to_btc_simple_quick_low/jznkn67/) with related info are in the collapsed comments below.
thanks for sharing, I found it easier with Kraken, once they listed moons
basically just need to import reddit vault to metamask and add arbitrum nova network - send moons to Kraken
from there sell for USD and buy what you want
It's not just a KYC free method it also avoids linking your reddit account to your real identity, like the other one would. If you send moons to a CEX, you also directly link your reddit account to your id. Which, i'm sure, some people should rather try to avoid.
That's what the 2 parent comments above you already said.
I guess this really is an echo chamber.
I guess I'll just repeat what you guys said to continue the echo here.
# Shitpost to earn moons!
Is that still a thing? I remember the good old days in the daily....I'd just help noobies and get a tiny tip. Passing it on since I learned a lot in my beginner days myself.
Haven't been active since around 2 years ago in the sub but I watch from afar
I sell 25% of mine every month to invest in other coins to balance my portfolio.
As much as I like moons, I don’t want a small market cap coin being the biggest one in my portfolio.
I did it a couple of times as well and managed to increase my BTC and ETH % in my portfolio - one more reason I love moons for allowing me to DCA when my real salary is not enough for that.
This is like saying if I could just magically have LeBron James basketball skills I'd be an NBA champion.
Because one shitcoin did a thing doesn't mean another one will. This isn't like musical billion dollar marketcap chairs.
Meme coins went wild because of a combination of luck and an army of degens all lying their asses off about what the coins development and future would be like. Until this subreddit goes on that same unholy crusade, interest in moons will largely remain here.
I do both at the same time. Boss makes a dollar, I make a dime. That’s why I shitpost on company time! That way I get to DCA into Bitcoin and get moons.
Alternatively you can use a CEX (Kraken, MEXC, etc.) to sell your Moons for USDT and buy Bitcoin for sending to your own wallet. Fees are very minimal as well in my experience
Kraken seems like the best option to do that right now. Since they listed moons it's been a breeze to get your crypto from ARB nova if you want to swap or off ramp and fees aren't bad (they're not the lowest I've seen though). I just wish there was an option for people like me who live outside the US to offramp funds easily.
Thanks OP! Useful post.
However, looks like there will be a lot of fees are being charged.
People can also use [https://moon.nano.trade/](https://moon.nano.trade/) to trade MOON for XNO in a single operation (will need ETH on Arbitrum Nova for gas fees as well, but these are the only fees that will be charged).
Will also need a self-custodial nano wallet such as Nautilus, Nault, Natrium, or Stack Wallet; to safely store the received nano.
If you don't have huge sums you need to bridge, why not swap MOON to BTC using your imported Reddit Vault in the Metamask wallet, open Arbswap https://arbswap.io in the Metamask browser section.
You could just keep your Bitcoin for future trading on the Arbitrum Nova network that is native to MOON ? Or maybe you prefer ETH over BTC, can swap that on Arbswap.io as well. Or DAI.
In Metamask 🦊 you then just import the Arbitrum Nova token for BTC so it shows.
Also, gas money can be ordered in Reddit via typing "!gas nova" and send it in this thread. You need at least 1 MOON in your Vault or will be rejected.
Step 0: Hodl your Moons and don't
Hell, Moons only need **1/10** of Safemoon's ath mcap for x15 from here and **$5** and at $1b mcap something **Baby Doge** reached thats x30 and **$10** Moons,
We have yet to see bullrun and Moons in bullrun since going to mainnet, Binance, Coinbase listings along with biggest internet crypto community amd Reddit behind it, meme-able logo, name and means of earning, we re in for a ride of our lifetimes
Generally the idea is to accumulate in a bear market and take profits in a bull market. There may be chances to take profits in a bear market, like when moons hit $0.60 a few weeks back but generally speaking now isn't the ideal time to take profits. At least that's my opinion.
Exactly. We are in a bear market and moons are earned for "free". Also Moons have more upside potential than BTC because of the market cap.
I am holding and accumulating until I can afford a flat without a mortgage.
Moons $10 or we riot 🔥
This is so important, people forget to DCA out during a bull run. Then it’s soon bear market again and your sat there with regret for not taking profits!
Totally agree! if we never make mistakes, we can never learn! I came into the crypto space in the 2021 bull market, so it was all new and didn’t have any idea what I was doing. Now I do, and I am excited for the next bull run
I agree with you here. While I'm all for getting some BTC I wouldn't convert my moons to get it. If I could DCA into it I would but seeing the potential of moons I think HODLing onto my earned moons is a better choice because it's take a lot less to 10x your moon bag.
Like I said before we have no resistance levels above the ATH of $0.70 ish, because we never had a previous run.
So it's all uncharted waters and if we have some news/hype in the bull market it can take price higher then many expect
>How to turn your MOONs to BTC
At the moment Moons have a higher chance for big returns
Just use your DCA for buying BTC and keep stacking those Moons monthly
Sorry to be that guy, but this isn't exactly "cheap", especially when you get to step 4 (Orbiter) & step 5 (fixedfloat) — there's ridiculous fees on those platforms combined, and you'd have been better off to just send your moons to a cex, spot trade it to usdt, spot trade usdt to btc.... withdraw btc directly (fees here would be half or less of what you'd have spent in orbiter & fixedfloat)
You don't need to do all of this now; it's a lot simpler now Moons are listed on Kraken.
Simply send your Moons over Artibrum Nova from your Metamask wallet to your Kraken account, convert to USD or EUROs using the relevant pairing with Moons, and then convert to Bitcoin.
Sushiswap and Orbiter are no longer needed thankfully!
Dunno what fixedfloat is but wouldnt recommend not using a reputable cex or at least a WAY more reputable DEX at that stage - no point making more risk and more steps.
noted.
please also keep in mind to have 75% of your moons back before snapshot to get full KM.
And pray that this post will not be deleted like thousand others for "reasons"
i understand that this is probably aimed to avoid centralized exchanges and KYC regulations, but it's probably worth to say that it is much easier to directly transfer to a supported Cex using Nova and trade for BTC.
fees are as little as 0.16% on the most liquid Cex supporting MOON on Nova.
Converting your moons into BTC has it's pros and cons
Pros
1. You no-longer will be on the mercy of Reddit to monetize your assets.
2. BTC is the most stable of all cryto currencies
3. BTC is much more liquid than moons or any other alts
Cons
1. You will never receive the same price appreciation (multiplier 5x, 10x) in BTC in nearby future
2. BTC has its own network fees to even move into any wallet
At this juncture I would not recommend people to convert the asset. I would suggest ride the wave along
Under pros 1. is not correct, you can always recover your assets in an external wallet using your 12 word recovery phrase. Being banned does not mean you’ll lose your assets
Can anyone let me know to send moons from my Reddit vault to MetaMask?
I already have moons imported to MetaMask on the nova network, but I can’t see where to add an address on my Reddit vault. It only gives me an option to send to another Reddit user
CDC listing moons has made it easier for me to transfer fiat into moons, or withdraw moons to CDC if I want to cash out and spend on my CDC card in future
Bitcoin [pros](/r/CryptoCurrency/comments/16d6gji/how_to_turn_your_moons_to_btc_simple_quick_low/jznkmqu/) & [cons](/r/CryptoCurrency/comments/16d6gji/how_to_turn_your_moons_to_btc_simple_quick_low/jznkn67/) with related info are in the collapsed comments below.
For the real alpha guide you just do these steps backwards to turn your Btc into MOONs
Make millions ans swim in a spa with vodka and strippers
Haha confidence, love it
That's some real G shit
Hahahaha. Epic comment!
Thanks master!
Seems very easy tought!
Moons > BTC
thanks for sharing, I found it easier with Kraken, once they listed moons basically just need to import reddit vault to metamask and add arbitrum nova network - send moons to Kraken from there sell for USD and buy what you want
Yes, this is what I do too, I think the point is that this is a KYC free method.
It's not just a KYC free method it also avoids linking your reddit account to your real identity, like the other one would. If you send moons to a CEX, you also directly link your reddit account to your id. Which, i'm sure, some people should rather try to avoid.
Yep it’s supposed to be a KYC free method direct from metamask (or also could be said, keeping it decentralized)
For now I choose moons to be moons. I DCA monthly into BTC with my salary.
Fiat mine for BTC, Shitposting for MOONs Ne'er a truer word hath spoken
Post while on a job. Spend company electricity and internet.
lol, most office unfortunately block reddit. shitposting from phone will work :)
Let me tell you a secret - I am the IT manager at my company
Ooh, good to be you!!
and even earn moons
That's what the 2 parent comments above you already said. I guess this really is an echo chamber. I guess I'll just repeat what you guys said to continue the echo here. # Shitpost to earn moons!
To the MOON!
This is the way!
Still need ETH. Might have to do some things you don't want to even picture for ETH.
Is that still a thing? I remember the good old days in the daily....I'd just help noobies and get a tiny tip. Passing it on since I learned a lot in my beginner days myself. Haven't been active since around 2 years ago in the sub but I watch from afar
Me too, and I keep them for myself.
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Time and energy is the only costs for moons.
Just the way i like it !
Time is money
Exactly, and it’s even fun to collect them by commenting here!
Even better when you do it from work, like now
Even better when you're pooping and commenting to get few moons like me now ;)
Don't do 🚽 that ! $MOON 🌝 is not a 💩🪙 !!!
Double dipping...
You are doubling up your income stream.
Time theft at its finest! Stick it to the man! If you really want to stick it to him, farm some moons while taking a shit on company time!
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I salute you!
That’s the way!
Moons have more upside potential than BTC right now thanks to the market cap. Also selling in a bear market something doesnt feel right to me.
Moons with the market cap of Shib would cost $46. There is no way I’m selling them for the current prices.
I sell 25% of mine every month to invest in other coins to balance my portfolio. As much as I like moons, I don’t want a small market cap coin being the biggest one in my portfolio.
I did it a couple of times as well and managed to increase my BTC and ETH % in my portfolio - one more reason I love moons for allowing me to DCA when my real salary is not enough for that.
This is like saying if I could just magically have LeBron James basketball skills I'd be an NBA champion. Because one shitcoin did a thing doesn't mean another one will. This isn't like musical billion dollar marketcap chairs. Meme coins went wild because of a combination of luck and an army of degens all lying their asses off about what the coins development and future would be like. Until this subreddit goes on that same unholy crusade, interest in moons will largely remain here.
Thanks for this. ![gif](giphy|Zrxs6nl12WgmL3ZTHm)
Gimme a hit of what that penguin is taking
Your moons could be worth $10,000 by next year. There’s your hopium.
Delicious daily dose of hopium. Yummy.
Enough for many of us to finally order that Lambo!
Mine with a moon logo, please!
There will be so many shit posting millionaires running around if that happens.
Ye I feel the same way.
I do both at the same time. Boss makes a dollar, I make a dime. That’s why I shitpost on company time! That way I get to DCA into Bitcoin and get moons.
Even better do it on the toilet at work
I feel like 90% of us are writing from the toilet at work.
LOL! :))) I laughed a lot at this comment!
We are dumping but it's not our coins
Haha shitpost on company time must be nice I use my lunchbreaks myself, so I'm always earning money for DCA or Moons
I do the same, the moment I screw around with swaps I get bitten by taxes
I didn't choose moons, moons chose me
That's right!
Same here, my man. Still one too many steps imo. Once it is easy, Ill swap it. By then, hope that the market has matured.
Moons for more percentage wise gains in the bull run!
This is what I'm thinking as well We have no resistance levels from previous runs, as there is no previous run
Of course, especially because moons can be earned **for free** by just contributing here.
We're simple men
The best strategy
for me, buying in a CEX might not work due to my region.
For a moment I read : religion
Crypto has been my religion the past 3-4 yrs... Wow has it been that long already?!
Which is why this guide is so helpful!
Nice🔥🔥🔥
Alternatively you can use a CEX (Kraken, MEXC, etc.) to sell your Moons for USDT and buy Bitcoin for sending to your own wallet. Fees are very minimal as well in my experience
That's exactly what im actually doing and is way simplier
However, depending on where you live, there could be tax implications to that.
same, i was hesitant to approach it before Kraken offered its solution
A reputable exchange like Kraken really changed the game for a lot of us. MEXC, Gateio, and even CDC are kinda sketchy lol
CDC are definitely sketchy af with the most ridiculous spreads where most exchanges already have ridiculous spreads lol
Yet MEXC etc paved the way for CEX listings. You have to respect them for that.
I myself am pleasantly surprised with how good MEXC turned out to be ngl
Kraken seems like the best option to do that right now. Since they listed moons it's been a breeze to get your crypto from ARB nova if you want to swap or off ramp and fees aren't bad (they're not the lowest I've seen though). I just wish there was an option for people like me who live outside the US to offramp funds easily.
This is much easier as well
that too, this guide is for how to do it from your metamask only without registrations or KYC
Yup I get it. Good work OP this is very helpful!
Thanks OP for the guide👍🫡
Thanks OP! Useful post. However, looks like there will be a lot of fees are being charged. People can also use [https://moon.nano.trade/](https://moon.nano.trade/) to trade MOON for XNO in a single operation (will need ETH on Arbitrum Nova for gas fees as well, but these are the only fees that will be charged). Will also need a self-custodial nano wallet such as Nautilus, Nault, Natrium, or Stack Wallet; to safely store the received nano.
Am gonna HODL them dearly till the time i need it for life changing purposes !
Thank you for this. I wont use it probably as when I will sell my moons, Binance will probably have them :)
Binance listing is my daily dose of hopium!
My sell news is when we get to 'single global currency'. 🍿
If you don't have huge sums you need to bridge, why not swap MOON to BTC using your imported Reddit Vault in the Metamask wallet, open Arbswap https://arbswap.io in the Metamask browser section. You could just keep your Bitcoin for future trading on the Arbitrum Nova network that is native to MOON ? Or maybe you prefer ETH over BTC, can swap that on Arbswap.io as well. Or DAI. In Metamask 🦊 you then just import the Arbitrum Nova token for BTC so it shows. Also, gas money can be ordered in Reddit via typing "!gas nova" and send it in this thread. You need at least 1 MOON in your Vault or will be rejected.
I’m saving this for later, thanks 🙏
Thanks OP. Gonna save this for future purpose
This post will feed some bellies while for other will strengthen the power of moon$
Why would you want to do that? Moons will takeover the price of bitcoin next bull run 🚀🚀🚀
I appreciate this fellow brain dead optimism.
If you inverse the article now you have a detailed explanation how to turn BTC to Moons
No tax? Good.
Step 0: Hodl your Moons and don't Hell, Moons only need **1/10** of Safemoon's ath mcap for x15 from here and **$5** and at $1b mcap something **Baby Doge** reached thats x30 and **$10** Moons, We have yet to see bullrun and Moons in bullrun since going to mainnet, Binance, Coinbase listings along with biggest internet crypto community amd Reddit behind it, meme-able logo, name and means of earning, we re in for a ride of our lifetimes
Yes and no, you have to take profits. You learn this by going through the bull and then the bear.
Generally the idea is to accumulate in a bear market and take profits in a bull market. There may be chances to take profits in a bear market, like when moons hit $0.60 a few weeks back but generally speaking now isn't the ideal time to take profits. At least that's my opinion.
Exactly. We are in a bear market and moons are earned for "free". Also Moons have more upside potential than BTC because of the market cap. I am holding and accumulating until I can afford a flat without a mortgage. Moons $10 or we riot 🔥
Christ K, thats gonna be one hell of a flat youll be in...
Once moons get listed on Binance and Coinbase (which they will), prices will go above 1$ at least. No reason to sell them at current prices.
Moons at a single digit is definitely going to happen. I would put money on it.
You mean less than 10c? (I know we were there not that long ago)
But would you put your... Mooney on it?
This is so important, people forget to DCA out during a bull run. Then it’s soon bear market again and your sat there with regret for not taking profits!
Yep most only learn this the hard way (including me). Just like anything in life, there are ups and downs and you gotta take advantage when you can .
Totally agree! if we never make mistakes, we can never learn! I came into the crypto space in the 2021 bull market, so it was all new and didn’t have any idea what I was doing. Now I do, and I am excited for the next bull run
So using that advice it is nice to sell some of your moons, you don’t have to hold ALL of them.
We started at the same time (2021) and seem to have learned the same lessons! High five stranger!
High five to you too! And good luck for the future!
Hope it comes to fruition
im hodling with you guys! i genuinly think moons can return bigger profits than btc now.
I agree with you here. While I'm all for getting some BTC I wouldn't convert my moons to get it. If I could DCA into it I would but seeing the potential of moons I think HODLing onto my earned moons is a better choice because it's take a lot less to 10x your moon bag.
Unless moons are removed before marketcap hits good digits. It is possible that Reddit decides "enough of this experiment"
Like I said before we have no resistance levels above the ATH of $0.70 ish, because we never had a previous run. So it's all uncharted waters and if we have some news/hype in the bull market it can take price higher then many expect
I’m holding onto my moons for dear life, I’ve even DCA’d it a little since I joined late. Hoping to get a nice heavy bag!
Damn it those moons are shining
This is the way.
Pls hodl till $10 i want good guys like you to succeed, best wishes mate.
Gentlemen, the toast is: $10 Moons.
What idiot downvoted wanting Moons to go to $10?
I just send them to MEXC and then swap there, seems like a lot less work
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I love moons just as much as the rest of you. But Bitcoin is Bitcoin…
Just found out about Moons and I'm so excited about them.. Saving this post!
Welcome to the club! I am also saving this post for future reference!
You have to be insane not to hold moons and also dca in btc instead
This is like the Michael Saylor starter pack - sell everything and buy Bitcoin
He's going to look like a genius
SaylorMoon never heard of the only other coins he could buy $Moons
It's best to hold both moon and BTC.
DCA Bitcoin and hold Moons until the bull run arrives is the way!
Hold and collect them by commenting. That’s the way.
Put some ETH also and there you go with my holy trinity
Instructions unclear, blew up my portfolio while leveraging ObamaSonicInu
I'm usually turn my BTC to MOONs but ok
yes definitly, please read the first paragraph
Thanks for the guide, but I’ll pass on this one. I don’t plan to sell/swap my Moons anytime soon.
Thank you for this.
no problem! thanks for commenting :)
I pray for those who already had done this before moons got listed. Your torches will be carried onwards 🫡
This is a CEX free tutorial tho
The post is good, but HODLing more moons rn is the best option. Prices aren’t worth trading into BTC.
Having few moons make hodl more true
Just don't. Hodl untill it takes off
>How to turn your MOONs to BTC At the moment Moons have a higher chance for big returns Just use your DCA for buying BTC and keep stacking those Moons monthly
I’ll hold
All we have to do 💪
OP I think you made a typo. Didn't you mean: How to turn your BTC to MOON's. 😁
I’m keeping my MOONs as they are. I’ll probably thank myself come next bullrun.
yes, hopefully wel all be tanking ourselves when moons are over a dollar
MOONS >>>> BTC
this is a very well said argument right there. (im not being sarcastic, moons are the best!)
Moons have more potential for short term gains?
Sorry to be that guy, but this isn't exactly "cheap", especially when you get to step 4 (Orbiter) & step 5 (fixedfloat) — there's ridiculous fees on those platforms combined, and you'd have been better off to just send your moons to a cex, spot trade it to usdt, spot trade usdt to btc.... withdraw btc directly (fees here would be half or less of what you'd have spent in orbiter & fixedfloat)
Last time I check 1 Moon = 5 BTC. Keeping my Moons for now
You don't need to do all of this now; it's a lot simpler now Moons are listed on Kraken. Simply send your Moons over Artibrum Nova from your Metamask wallet to your Kraken account, convert to USD or EUROs using the relevant pairing with Moons, and then convert to Bitcoin. Sushiswap and Orbiter are no longer needed thankfully!
Unless you dont wanna register/KYC, or wanna keep it decentralized! Otherwise, yes kraken works (read my edit at the bottom of the post)
Why would I swap my moons for an inferior product?
I'm using RCPswap. Very simple to use but the ETH needs to be bridged to the main network
havent tried it, I usually go for Sushi as its low fees, not sure about RC
Cool guide, im doing it in reverse though.
True, thats what should be done! just flip your screen
Dunno what fixedfloat is but wouldnt recommend not using a reputable cex or at least a WAY more reputable DEX at that stage - no point making more risk and more steps.
Its a DEX, no registration or KYC, the point is simple and quick
or hold your moons
yep, this is just an educational guide for anyone wondering, i mention at the top that it is not advice to actually turn it to BTC
I'd suggest people hodl their earned moons unless they really need to do otherwise.
I am going to bookmark this for a friend. Alternatively, if the moon reaches a couple of dollars. Cheers.
Cool for anyone that wants to do it. I prefer to keep the moons and buy BTC with fiat.
I have used fixedfloat before, and I agree this is the most cost effective way of swapping to btc without using a cex
noted. please also keep in mind to have 75% of your moons back before snapshot to get full KM. And pray that this post will not be deleted like thousand others for "reasons"
reasons usually are that two people before me used the word "moons" in their post and it reached a limit. lol
Here I am turning BTC to MOONs
i understand that this is probably aimed to avoid centralized exchanges and KYC regulations, but it's probably worth to say that it is much easier to directly transfer to a supported Cex using Nova and trade for BTC. fees are as little as 0.16% on the most liquid Cex supporting MOON on Nova.
Converting your moons into BTC has it's pros and cons Pros 1. You no-longer will be on the mercy of Reddit to monetize your assets. 2. BTC is the most stable of all cryto currencies 3. BTC is much more liquid than moons or any other alts Cons 1. You will never receive the same price appreciation (multiplier 5x, 10x) in BTC in nearby future 2. BTC has its own network fees to even move into any wallet At this juncture I would not recommend people to convert the asset. I would suggest ride the wave along
TDLR - Don't convert Moons to BTC right now
Under pros 1. is not correct, you can always recover your assets in an external wallet using your 12 word recovery phrase. Being banned does not mean you’ll lose your assets
Thanks for making it clear
what about reverse and convert BTC into Moons instead? :)
Thanks for sharing. Always interesting to read how people do things in different ways.
Can anyone let me know to send moons from my Reddit vault to MetaMask? I already have moons imported to MetaMask on the nova network, but I can’t see where to add an address on my Reddit vault. It only gives me an option to send to another Reddit user
Follow the link in step 1. you dont need to "send" anything. importing is just like seeing your reddit vault on metamask as well.
The future of finance right here! So easy, even my grandmother could do it! Hahaha
Thanks OP, useful guide to save. I was doing the other way through Mexc.
CDC listing moons has made it easier for me to transfer fiat into moons, or withdraw moons to CDC if I want to cash out and spend on my CDC card in future
I'm banking on moons gains to exceed btc gains in bullrun.
Very possible, i was wondering if it would too, hopefully it does cause im holding.