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Author Topic: ICO Token Distribution with MyEtherWallet / Trezor Newb Question?  (Read 84 times)
zerodown66 (OP)
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March 26, 2018, 12:25:52 AM
 #1

I have myetherwallet with Trezor hardware wallet.  The ICO's I purchased use Ethereum and require ERC20 compatible wallet.  So I use myetherwallet with trezor and I know that will work for the ICO.  I added the ICO within the Trezor and my newb question is ....Do I use my ethereum address for receiving the ICO tokens?  Is that the address I provide to the ICO to credit me my tokens?  I originally thought you use a separate address for each token, but it seems that we just use the Ethereum address and the ICO token and gets put into the correct token label within the trezor.  Please advise.
Enjorlas
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March 26, 2018, 12:36:09 AM
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You need to use a ERC 20 compliant wallet for the ICO, if it's not, you will have to create a separate address compliant to this norm
silent17
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March 26, 2018, 12:49:43 AM
 #3

Your myetherwallet is a ERC20 compatible, you can use your address in their to be able to collect the token. To find out if you really receive a token, you can check you address in the etherscan, In etherscan, you can find all your token even if the token is not listed in your wallet yet.
squatz1
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March 26, 2018, 12:49:53 AM
Last edit: March 26, 2018, 01:05:52 AM by squatz1
 #4

You'd use your normal wallet, as your tokens would just be stored on it seperately of any other token (or ETH) which you have on the same address. So you dont have to do what the person says above me and get a while new address for every coin. You could do that if you want to do something for security purposes, so if one address was wiped you wouldn't lose all of your investments, But from a technical standpoint, it's not NEEDED.




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laserfocused
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March 26, 2018, 12:53:19 AM
 #5

I have myetherwallet with Trezor hardware wallet.  The ICO's I purchased use Ethereum and require ERC20 compatible wallet.  So I use myetherwallet with trezor and I know that will work for the ICO.  I added the ICO within the Trezor and my newb question is ....Do I use my ethereum address for receiving the ICO tokens?  Is that the address I provide to the ICO to credit me my tokens?  I originally thought you use a separate address for each token, but it seems that we just use the Ethereum address and the ICO token and gets put into the correct token label within the trezor.  Please advise.

You my etherwallet address is sufficient to store the ERC 20 tokens and you can transfer them from your MEW to your trezor storage which is also erc 20 compatible.  You should connect to your MEW through meta mask (if you don't know how to do this search for youtube), after you add your wallet then click add token to add the new token, and then transfer the token to your trezor storage.  This is simplified but that is what I would do.
gowobonyok
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March 26, 2018, 11:46:55 AM
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I have myetherwallet with Trezor hardware wallet.  The ICO's I purchased use Ethereum and require ERC20 compatible wallet.  So I use myetherwallet with trezor and I know that will work for the ICO.  I added the ICO within the Trezor and my newb question is ....Do I use my ethereum address for receiving the ICO tokens?  Is that the address I provide to the ICO to credit me my tokens?  I originally thought you use a separate address for each token, but it seems that we just use the Ethereum address and the ICO token and gets put into the correct token label within the trezor.  Please advise.
all that is true, you do have to use the same etherum address to receive the token. if you want to change its wallet address, you must inform the dev of the ICO project as soon as possible before token distribution begins.
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