Ok, I got some Glide here on c-cex. How do I transfer them to "SAE"? Or am I missing something?
What do I need to do?
I'm trying to understand this but there's a huge chunk of information. What can I do with this coin/asset? Is there dividends I can earn from it?
Can someone explain this to me in a simple way?
Thanks a lot!
Running your own NXT node is the best-case scenario, but having an NXT wallet on the SAE works too if you don't want to spend hours downloading the blockchain. Head over to
https://trade.secureae.com/ and click Sign Up to create an account. Pay attention to the signup steps because you need to create a username and the passphrase will be automatically generated for you - which is safe but must be saved exactly, spaces and all. Its a good idea to write down your address once you get logged in, then log out and log back in to make sure you got the right passphrase before doing any transactions.
Keep in mind you will need NXT to send anything out of an NXT-based wallet (GlideSEC is an NXT asset). The tx fee is generally 1 NXT per tx whenever NXT or NXT assets are sent from SAE or C-CEX or any NXT wallet for that matter.
The address you get when signing up at SAE will hold NXT as well as any NXT based assets such as GlideSEC.
GlideSEC pays weekly dividends in the form of NXT to the NXT address where the GlideSEC is held. Many assets pay some form of dividend. Also, on Saturday, GlideCOIN is going to be distributed to holders of GlideSEC in the form of a bearer-asset that will be redeemable for actual GlideCOIN when the wallets become available as per ActualUpsurge (who is the GlideSEC manager).
I hope that helps.