Bitcoin Forum

Bitcoin => Electrum => Topic started by: Bothebu on June 21, 2017, 03:04:51 PM



Title: ICO Tokens
Post by: Bothebu on June 21, 2017, 03:04:51 PM
I am thinking of participating in an ICO of another coin that will issue tokens to a BTC wallet address.  I registered my Electrum wallet address with the ICO to receive the tokens.  But before I actually submit BTC to them I wanted to understand how the token process works.  With myetherwallet I see there is a section that shows token balances.  When I look at Electrum I don't see a section for "tokens" in the wallet program.  Am i missing something?  Is Electrum not compatible with tokens of other ICO's?  Any explanation would be appreciated.  Thank you.


Title: Re: ICO Tokens
Post by: kolloh on June 21, 2017, 04:25:47 PM
I am thinking of participating in an ICO of another coin that will issue tokens to a BTC wallet address.  I registered my Electrum wallet address with the ICO to receive the tokens.  But before I actually submit BTC to them I wanted to understand how the token process works.  With myetherwallet I see there is a section that shows token balances.  When I look at Electrum I don't see a section for "tokens" in the wallet program.  Am i missing something?  Is Electrum not compatible with tokens of other ICO's?  Any explanation would be appreciated.  Thank you.

Electrum doesn't have any built in support for ICOs, however it should work just fine. You will just need to track your ICOs through whatever method they provide in the ICO.