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Author Topic: How to convert the coins collected from the bounty, to eth?  (Read 447 times)
hasmukh_rawal
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June 21, 2018, 02:45:05 PM
 #21

The coins or tokens you talk about cannot be converted into ETH just like that. The tokens should be listed on an exchange before you can exchange it into ETH. Most of the times the tokens get listed on etherdelta exchange soon and there is nothing you can do but wait until it gets listed on an exchange.
After that there are two options for you to choose, you could either wait until the price spikes up or you could sell it instantly at current price.
This is how you can exchange your tokens for other coins.

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June 21, 2018, 02:47:59 PM
 #22

If the the bounty you was in is Token based on Ethereum then you can simply add the contract address in sites like fork-delta and trade them, however it is better to wait until your tokens/coins get listed on a real big exchange, it will probably have better volume and better price in most cases . All this is not fixed, I was in bounty that its price was X5 at fork-delta therefor I insta sold my tokens without any wait . The procedure change from bounty to another depend on what is the price on decentralized exchanges compare to ICO price, if it is lower then wait for centralized exchange if the price is really good just sell fast .
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June 21, 2018, 02:52:24 PM
 #23

If you have gathered coins or tokens from bounty csmpaign you have participated and you like to convert it to ethereum, just simply put it into a trading site and exchange it with ethereum coins , there are plenty who buy it with ethereum in the trading sites.

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June 21, 2018, 02:56:08 PM
 #24

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

If you have earned an ETH token coin from a bounty campaign, you can simply find a market that sells the coins you got earlier.
then you deposit the coin from your ETH wallet to the market, if youre token coin have entered, sell your coins into ETH coins. and then you return to your ETH wallet. finished your token coins now into ETH Coins. in short like that.
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June 21, 2018, 03:13:10 PM
 #25

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

Like some other people replies, The coins you have must listed on some exchanges in order to sell it, But if im to you if you know the project or that coin are doing good just hodl it and you will get more instead of selling it at the small price Smiley

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June 21, 2018, 03:13:23 PM
 #26

If the the bounty you was in is Token based on Ethereum then you can simply add the contract address in sites like fork-delta and trade them, however it is better to wait until your tokens/coins get listed on a real big exchange, it will probably have better volume and better price in most cases . All this is not fixed, I was in bounty that its price was X5 at fork-delta therefor I insta sold my tokens without any wait . The procedure change from bounty to another depend on what is the price on decentralized exchanges compare to ICO price, if it is lower then wait for centralized exchange if the price is really good just sell fast .

That's true, the new coins be very cheap price, plus the price of ICO does not qualify then the coin price will be very cheap. if so, it should be holding first and be patient until the price is good. the time it takes for the price to be good is about 3 months.
if in 3 months the price does not improve then you do not really expect the coins you get.
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June 21, 2018, 03:17:04 PM
 #27

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

Hi there oyraaaaa! I think you need to know about trading. Some of the coins uses the eth wallets, you could use ether scan to know if you have acquired some coins. You can do two things about it. Either you sell the coins by sending it to another buyer wallet or you could send it to trading platforms. If the platform have inserted the coins in their circulation, you can send it to your trading platform account and sell it in exchange of bitcoin or etherium.
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June 21, 2018, 03:28:26 PM
 #28

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

You have to send your bounty tokens to any market with little eth as fees. thenyou sell your bounty tokens to any markets that serve that coins.
Sell it to ETH and then you can send your eth from the exchanges directly to your wallet with fees ofcourse.
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June 21, 2018, 03:40:11 PM
 #29

if you need money you can exchange in the exchange (wallet), if you want to improve the results of your campaign do trade.
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June 21, 2018, 03:51:13 PM
 #30

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

The best one you will do is ,have to hold the tokens.Wait for the token get into peak.Even the trusted coin are the token one day.Now it may reach high value,but it was started from 0$.The second option is you can convert into Ethereum and sell when the price of Ethereum increase to maximum.



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kenmobility
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June 21, 2018, 05:25:19 PM
 #31

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.

After getting your tokens, for you to convert them into eth you have to wait until its been listed on any exchange, then what you will do is to transfer the tokens to that exchange and if it has liquidity in that exchange then you trade it by selling it to eth or btc.
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June 21, 2018, 06:29:30 PM
 #32

This is a very common question. That is very important to all.


                     Personally, I'm a crypto trader, But bounty is my part of the crypto. At that moment I'm doing a lot of bounties. Now I have a lot of tokens from the bounties. Bounty is very good ways to collect free tokens. Bounty tokens received for our personal wallet. MEW. My Ether Wallet. We can convert the token to ETH using the MEW and exchanges. we have a lot of exchanges. Hitbtc, okex, binance, Idex an etc... we can convert our tokens to eth or btc.


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June 21, 2018, 06:44:18 PM
 #33

Are you talking about the tokens that as awarded to you for a bounty? How are you able to collect those bounty tokens without knowing what's the future plans of that project that you just supported. Read the white paper of that project and see when and where they plan to list the token. Usually those projects provides updates through email so for you not to miss those updates, subscribe to their newsletter. Most likely they they will announce which exchange site is going to list that token you are holding.
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June 21, 2018, 06:50:59 PM
 #34

i think the only way to convert token is through selling the one you have and buy the one that is okay
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June 21, 2018, 06:58:00 PM
 #35

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.
Watch the coin when it will be on popular exchanges, change to another one or wait. If the coin provides any software then it is necessary to wait, when it is launched, the company's road map will help in this.
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June 21, 2018, 07:05:42 PM
 #36

After the token sales it will be announce In the telegram group when it will be listed on exchange for traders to buy and sell , you can then sell on the exchange it is listed. It is best to wait for the developers to complete the work on the project first before selling
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June 21, 2018, 07:54:49 PM
 #37

For this guide we'll be using the easiest & most convenient wallet option for storing your Bounty0x coins- provided by MyEtherWallet (which can store any coin on the Ethereum blockchain, including Bounty0x).

Go to myetherwallet.com and enter a password that would be hard to guess (but which you won't forget!).Click 'Download Keystore File'. Be sure to read and understand the warnings.

It's very important that you back this file up somewhere safe (think multiple external hard drives and/or USB drives that you put somewhere safe).
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June 21, 2018, 08:10:00 PM
 #38

I already got my coins from bounty campaigns but i do not know what to do next. Please help me.
Continue to participate in various companies to increase the number of their coins, no one knows which of them can later grow in many times.

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June 21, 2018, 08:21:21 PM
 #39

you sell on the stock exchange and from the stock exchange to the purse eth
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June 21, 2018, 08:25:01 PM
Last edit: June 24, 2018, 02:30:27 PM by vintages
 #40

It's not a hard task, its simply to convert or trade it for Ethereum when listed in any exchange but when most bounty begins to dump the tokens immediately they get listed and by this, causing a massive drop in the price of the new cryptocurrency. Many bounty hunters are seen as those who hunts for free coins and at the end dumbs it.
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