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Author Topic: How to convert your tokens into ether in myetherwallet.com  (Read 1264 times)
omonuyak
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September 10, 2018, 06:18:44 PM
 #41

This will be helpful to newbies.
You cannot convert your tokens into ethreum using myetherwallet as myetherwallet is an exchange platforms. If you find out that the tokens that you want to convert is listed in any exchange of both decentralized and centralized one you will need to transfer the token to those exchange and covert by selling them for Ethereum there.
You just have to transfer it to any exchange where it was listed then you can sell them or but new tokens that you like, then transfer it again to desire wallet to in cash it..

YouTube has the instruction how to transfer your token from Mew since its a little bit tricky..
This is what he need to do. I also asked this question here before and I don't even know that the simple thing is to see your tokens as coins which need to be buy by another person and not conventions.
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September 10, 2018, 08:58:02 PM
 #42

I do not think it is possible for you to convert your tokens into myetherwallet as it is only an exchange platform but take your time to check for an exchange where the coin is listed, convert it for ethereum there but be sure the exchange is legit before you use it.
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September 11, 2018, 11:42:27 AM
 #43

I do not think it is possible for you to convert your tokens into myetherwallet as it is only an exchange platform but take your time to check for an exchange where the coin is listed, convert it for ethereum there but be sure the exchange is legit before you use it.
Are you sure that its not possible to convert your tokens in myetherwallet?

And do you think that myetherwallet is ONLY an exchange platform? its an ethereum wallet and if ever there's a way to convert your ERC20 tokens that's through dex's.

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September 11, 2018, 01:31:59 PM
 #44

There's no way to convert your token to ETH. You can only transfer your token to exchange like EtherDelta to sell it and get the Ether back to your wallet.
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September 13, 2018, 01:37:57 AM
 #45

This will be helpful to newbies.
There's no way you can convert your token in myethwewallet because myetherwallet is only a wallet where you can store some of your crypto currencies, the only way you can convert your token is by using exchanger site by selling it or trading.

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September 13, 2018, 02:57:17 AM
 #46

This will be helpful to newbies.
There's no way you can convert your token in myethwewallet because myetherwallet is only a wallet where you can store some of your crypto currencies, the only way you can convert your token is by using exchanger site by selling it or trading.
you're right ... we can't do it unless we exchange it on the exchange

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September 13, 2018, 11:51:51 AM
 #47

This will be helpful to newbies.
MEW only allows us to store the eRC 2.0 or ETH token. There is absolutely no way to convert token-> ETH in MEW. So you need to transfer tokens on the exchange floor separately. In that, if the token is listed in the bancor, I think it's a very cool thing and it's easy to convert it.
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September 13, 2018, 03:16:21 PM
 #48

I only see MEW is a wallet online and not an exchange, correct if I'm wrong. In an exchange like binance and bittrex, a token can be exchanged to BTC or ETH and other altcoins. However, MEW is only a wallet and there is no way to exchange tokens against ETH and I never found that.

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September 13, 2018, 07:23:46 PM
 #49

I only see MEW is a wallet online and not an exchange, correct if I'm wrong. In an exchange like binance and bittrex, a token can be exchanged to BTC or ETH and other altcoins. However, MEW is only a wallet and there is no way to exchange tokens against ETH and I never found that.

To transfer the fund from the myetherwallet to exchange first we need some ethereum om the wallet to make transaction or dedicated wallet means it will be useful thing to do.
Directly on myetherwallet wallet there no option to convert it directly on ethereum. If this can be taken as suggestion on mew wallet then that is awesome.

 
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September 14, 2018, 02:13:21 AM
 #50

I only see MEW is a wallet online and not an exchange, correct if I'm wrong. In an exchange like binance and bittrex, a token can be exchanged to BTC or ETH and other altcoins. However, MEW is only a wallet and there is no way to exchange tokens against ETH and I never found that.

To transfer the fund from the myetherwallet to exchange first we need some ethereum om the wallet to make transaction or dedicated wallet means it will be useful thing to do.
Directly on myetherwallet wallet there no option to convert it directly on ethereum. If this can be taken as suggestion on mew wallet then that is awesome.

its possible that mew will create thier own exchange if ever many people suggest it to them . it would be awesome indeed because we already know that mew is a trusted platform  , we can now then use our wallet pretty easy if we would pair it with a mew exchange  . that will also minimize the risk of phishing attacks because we wont need to login oftenly if we are using a mew exchange since it was already connected to our mew wallet .
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September 16, 2018, 02:03:20 PM
 #51

I only see MEW is a wallet online and not an exchange, correct if I'm wrong. In an exchange like binance and bittrex, a token can be exchanged to BTC or ETH and other altcoins. However, MEW is only a wallet and there is no way to exchange tokens against ETH and I never found that.

but I agree with your opinion if the eth wallet is an online wallet if I think that exchanging tokens to ETH must go through exchanges such as bittrex or huobi depending on the coin or token you want to trade in which exchange.

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September 16, 2018, 04:55:13 PM
 #52

We can see how to change tokens to ETH in the announcements that are issued more often in the telegram that the exchange that will be used to exchange the ETH uses what and there is only a mat value that will be obtained according to the amount obtained from the project

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October 24, 2018, 01:42:57 PM
Last edit: October 24, 2018, 02:26:39 PM by ryanwelmans
 #53

Man I haven't used this forum for years... good to be back.

I have a solution to the ERC-20 conversion issue.  



This particular problem has affected too many people for too long now... it is far too difficult for non-technical users to convert ERC-20 tokens to ETH.  

I have set up Ethersweep to do this:  http://ethersweep.com


Basically a one click solution to scan wallets and convert ERC-20/Airdrop tokens to ETH.  It's still a bit rough around the edges but it saves a lot of time and I believe it is the only service like it in the world.  Feedback welcome but go easy, it's my first Ethereum platform and still very much in beta. At least 20 UX tweaks queued.  Shout if you spot any bugs...

I hope you find it useful.
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