Unisat.io Lightning Avoidance Demonstration: Be Cautious and Pay Attention to Two Key Points to Avoid Wasting Money
Cheung To demonstrates the process of creating Bitcoin NFTs on unisat.io and highlights two important points to keep in mind, including downloading a Chrome extension Bitcoin hot wallet and setting up the address as "native segwit address type" and selecting taproot to avoid transaction issues and lose investment. He also cautions that the platform is still very primitive and users may encounter bugs. The speaker also discusses different types of Bitcoin addresses, demonstrates how to create an NFT on the Unisat marketplace using the inscribe function, and advises waiting for network fees to decrease before confirming the transaction. Additionally, he advises viewers to be careful about gas fees when using the Unisat.io website, especially as the website is primitive, and may not complete transactions if the fees are too low. He also talks about his experience using Unisat.io to mint his token and explains how to sell tokens on the marketplace.