Binance Security Measures & My First Dabble into pHBD-USDC
For some time, I've just been a mere spectator and a cheerer to the pHBD & pHive liquidity pools on Polycub. Not that I didn't like them, but my limited resources was one factor that I didn't jump at the first chance when the pools were deployed.
Today, an opportunity opened up via my Binance account and so I decided to take it and start my Polycub farming journey.
But before that let me share a wee bit of the adventure going through the security measures of Binance which I kind of appreciated.
They have a verification questionnaire which reminds anyone of the basic steps to stay SAFU. These are actually common sense measures but for whatever reason, some people still fall prey to scams.
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Anyway, after answering the short questionnaire correctly, the withdrawal order can now be submitted.
And of course, there's the additional layer of protection with the Email, Phone and Google Auth verifications.
And within a couple of seconds (not even one minute), the funds were received by my designated Polygon wallet address. It may seem that the security measures are a bit too much for a small transaction but I love that these were in place by the exchange.
From there, I went to add the pHBD-USDC pair via sushiswap. I chose that pair because the market is still wonky. I then headed to Polycub to enable the pool and stake my share.
And so my journey with Polycub's farms has officially began today. Although I have been staking on the xPolycub pool, this is my very first liquidity farm in there. I'm a bit excited to see how it goes from there.
And that is my wee contribution to the goal of increasing more liquidity for the Hive Backed Dollar (HBD).
Thank you and stay SAFU! Have a wonderful weekend!
Photos are screen captured via Binance and Polycub. No copyright infringement intended. 140522/12:05ph
Posted Using LeoFinance Beta
It's nice to see that you have joined the pool l, add to the liquidity
Thank you, it was one I wanted to do but only got the chance today. Glad you also added to the liquidity. Cheers to more? Hehe
Posted Using LeoFinance Beta
Congratulations on successfully completing your journey. Thanks for sharing.
!1UP
Thank you :) Was just a start and hopefully will be able to add up to my initial pool. And oh, thank for letting me know about the tag. I'd take it away and apologies for using it rather wrongfully.
Posted Using LeoFinance Beta
No problem the curators are here to help with tags to :)
You're awesome! Thanks a lot :)
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You have received a 1UP from @lipe100dedos!
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Thank you lots! You are all awesome!
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SAFU???
Congratulations on starting the progress on a new journey. I am hearing of pHBD and pHive for some time, but I don't really understand many things about crypto. This post has encouraged me to get further knowledge and overcome my fears. I hope I would also be able to start such a journey.
I had to edit and change the word. I was misusing the term, lol! Binance CEO often use the word to say that funds on his exchange are safe.
SAFU = Secure Asset Fund for Users (emergency insurance funds set up by Binance some years ago)
Thank you, I believe you will get to learn about it. There's so much to learn in crypto so this is my way of learning, making it a part of my experience hehe.
Posted Using LeoFinance Beta
Indeed there is so much to learn. And bit by bit progress can be made.
That's right and all the best to us as we keep on. Cheers to a wonderful new week!
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https://twitter.com/farmgirlboss/status/1525436810964267008
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yung akin sis.. nakasa polygon wallet pa din.. d ko pa naayos :(
Oh, na busy ka sis. Glad to see you back❤
And here's some !LADY 🤗
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Very good. A great step forward.
Following in the footsteps of @leomarkettalk. We added a bit more to the pool last night. It will be a weekly event, at least until the power down ends.
And then hopefully we can start another one.
Posted Using LeoFinance Beta
Thank you for paving the way which we follow :)
Yay! 🤗
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STOPThank you once again, another boost to keep going💪
You're welcome @ifarmgirl, that's a pleasure! Have a nice day 😊🌹