YuginKadoya
Legendary
 Offline
Activity: 3038
Merit: 1169
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July 26, 2018, 03:56:01 PM |
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I just try to participate a bounty campaigns that has a token that based on ERC20. These kind of bounties paid nicely and you can gain profit by just holding it.
I really think all tokens value will definitely change depending on its movement, And if you are just experiencing the profit of the token a campaign had given you then I think it is just your first time getting some token, Or it is your first time that a token of yours had gain value so you sure gained profits, Well all tokens in your wallet will sure change in value depending on its movement you can surely profit or gain and can surely lose some point. |
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whofeelsitknowsit
Member
Offline
Activity: 294
Merit: 10
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July 26, 2018, 04:02:16 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Normally on your ERC20 Address if token based on ETH. And usually after the crowdsale, so you may have to wait a bit even after the bounty campaign ends. |
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wantjokull
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July 26, 2018, 04:09:58 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Off course got lot of idea about it. Haha. Doing it since a year now. Well bounties are never paid in the bitcoin and also not in ETH as you may think like that way. Bounties are paid with their own tokens and thats because it is their symbol, a share symbol which represents various functions within the bounty, ICO sale and also in the utility function over their website itself. This way they can distribute the tokens amongst the investors and participants and show the presence of their tokens. People also trade them after the exchanger listing against various pairs. Most popular pairs are BTC and ETH itself. |
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Benarand
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July 26, 2018, 04:12:33 PM |
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When you participate in a bounty campaign or invest in projects, specify a purse for tokens on the ERC-20 standard (in most cases).
And you can exchange chips for other altcoys on the exchange, where they will be launched for sale.
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mrcastelo
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July 26, 2018, 04:14:12 PM |
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It depends on the platform the ICO bounty will be using, if the ICO is based on ethereum then probably they will ask you to provide an eth wallet, if they are neo or stellar based project then they will ask for a neo or stellar wallet address. Sometimes they dont ask for an eth or neo or stellar wallet because sometime they will ask you to sign up in their website in order for you to get your bounty tokens.
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hokyman
Jr. Member
Offline
Activity: 230
Merit: 3
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July 26, 2018, 04:26:20 PM |
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do you really do not know it? I think you have followed a bounty campaign, and of course when you register it you must fill the address payment, just follow the instructions,
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bitmattrix88
Member
Offline
Activity: 504
Merit: 10
FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
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July 26, 2018, 04:31:01 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Do you you like to do bounty campaigns firstly you should create ERC 20 wallet in Myetherwallet. Then you can signup some bounty campaign. After you can get your rewards to myetherwallet. Then you can tranfer your coin to exchange and can trade there.. |
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Shenzou
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July 26, 2018, 04:37:14 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
I think that these tokens usally could be exchanged on exchanged sites such as kucoin and poloniex, abut the problem with them is that their value is low so when they get listed on exchange which takes a long time to do so, they take a large amount of fees to send from the etherum wallet which you usually store your tokens on, and the exchange wallet, so when you get tokens you should probably wait for it to rise a bit before exchanging them. |
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genset88
Member
Offline
Activity: 349
Merit: 10
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July 26, 2018, 04:42:22 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
You need ERC20 wallet for token based on ETH platform (MEW, coinbase,..), some ICOs use their own platform, so you must use their wallet. Token can only be traded when it's listed on the exchanges. If you want to trade, just send your token to exchanges wallet. It's similar to any other transaction. |
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hermae
Newbie
Offline
Activity: 210
Merit: 0
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July 26, 2018, 04:50:05 PM |
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Before you join in any campaigns, make sure you have an erc20 wallet for your token. You can have a wallet in Myetherwallet. Make sure to copy the address and private keys correctly because this is what you are going to put in the wallet address of the bounty campaign you are joining. And also make sure that you put in the wallet "address only", dont include you private keys. Usually, tokens are sent to your wallet address 30days or more after the end of ico.
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huyennhat204857
Newbie
Offline
Activity: 168
Merit: 0
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July 26, 2018, 04:57:15 PM |
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I think about 50% you can recieve the token in the bounty compain. But if you have more experience in crypto, you can choose some good compaign to join and earn token.
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iamlds08
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July 26, 2018, 04:57:42 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
it depends on the rules that the project said. most of the time, projects always collects for your erc20 compatible wallet but in some projects, it depends on which platform they belong. from that, you can send it to exchanges where that certain coin is listed. |
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Coroline
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July 26, 2018, 05:01:36 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
the average wallet used for bounty participants is ERC20, where the wallet supports the token of the project under the auspices of eth. but some have their own address like having their own platform, so it depends on bounty project that you follow. |
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Dobrode
Newbie
Offline
Activity: 53
Merit: 0
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July 26, 2018, 05:05:01 PM |
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MyerWallet is recommended if ERC 20. Bounty should also use it if the offspring has their own wallet addresses. Some of them produce their own wallets. You must complete the forms while participating in the campaign and you must complete the tasks. you can get paid for it. Some of them will be Scam.
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Palider
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July 26, 2018, 05:05:31 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
It depends on what wallet they will require you to use, mostly you'll be using ETH wallet or ERC-20 wallet and the best online and free wallet for that on is MyEtherWallet, it is commonly used by the community. |
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payjoe93
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July 26, 2018, 05:17:31 PM |
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Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
The Most ICO usually use MyEtherWallet (MEW), cause the token from any ICO is ERC-20 Type based on Etherem Platform. But you must read intruction carefully. Some ICO maybe use other platform like NEM or use own wallet from his project. You can trade token that you get to other crypto by transfering to any exchange (with note, token must already registered on the exchange) |
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dollurs
Newbie
Offline
Activity: 238
Merit: 0
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July 26, 2018, 05:20:08 PM |
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OP is a Jr member. But still doesn't know what wallets does he need. Strange  anyway the wallet that you want will depend on the way how the campaign pay you. Normally the wallets that you want are, MEW, NEO wallet, Bitcoin wallet etc. Those are the basic wallets that you need. Most of the time most of the campaigns ask for an ERC20 compatible wallet. |
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ayiaye
Jr. Member
Offline
Activity: 170
Merit: 1
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July 26, 2018, 05:48:04 PM |
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usually when you follow the bounty you have to fill out the form with erc20 wallet address, you can make it in myetherwallet, but there are also make their own wallet address.
usually the token will enter after 2-4 weeks ICO is complete. after you get the token, you can exchange it in the form of BTC or ETH after entering into the market, such as in binance, idex, bancor and others.
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nsasuiteb
Full Member
Offline
Activity: 406
Merit: 100
BAILOUT
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July 26, 2018, 05:53:53 PM |
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erc20 tokens are stored in ethereum wallets you can create like mew, you can trade them in decentralized exchanges they are listed but not against btc or any other exchange they are listed.
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markers
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July 26, 2018, 06:03:23 PM |
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It depends on terms & conditions of specific bounty program as the rewards can be paid as in coins, e.g. BTC, ETH, etc., as in project's tokens. In order to get your bounty rewards you have to provide your wallet address. Use MyEtherWallet, Bitaddress and Neotracker to open wallets for ETH, BTC and NEO correspondently. Actually, it is enough in 90% cases.
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