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Author Topic: Swapping useless ERC20 Tokens  (Read 432 times)
netmillionaire (OP)
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June 14, 2019, 09:57:08 AM
 #1

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.
eagleman
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June 14, 2019, 09:58:17 AM
 #2

No, it will stay there forever.
I know what you feel about those worthless erc20 tokens that were sent to you. But you are free to create a new wallet that you haven't posted anywhere so that there will be no airdrop tokens.
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June 14, 2019, 10:03:14 AM
 #3

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

how can you swap or exchange your tokens my friend, if your tokens is useless ?
as i knew useless mean no value, no price and nothing, so you can't convert it or swap it to others crypto
i think not only you, but a lot of members from this forum have an useless tokens in their wallet


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BitcoinPanther
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June 14, 2019, 10:05:08 AM
 #4

No, it will stay there forever.
I know what you feel about those worthless erc20 tokens that were sent to you. But you are free to create a new wallet that you haven't posted anywhere so that there will be no airdrop tokens.

I can relate on this.  I have bunch of worthless token on my stash, some were from bounty and some from an exchange where it loses its value overtime until it was delisted.  

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

I think there is none but just lay it there, if your garbage token is too many I would follow what eagleman said, create another erc20 address for your valuable token.
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June 14, 2019, 10:05:57 AM
 #5

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.
You can't do anything with it and just let them die in your wallet. If the project already discontinued and your coin doesn't have any price.
I have some useless altcoins too and i just try to forget it or i have send some to the default address and burn it.  Grin
The only thing that you can to take over the development to create a value for your token again.

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June 14, 2019, 10:08:27 AM
 #6

jajaj I wanna to take part in it and sell all my useless tokens lol

but hooow can we sell or exchange our tokens if tokens are useless ? damn

useless mean no value, no price and nothing that can be needed to someone

not only you wanna do that but that is unreal   
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June 14, 2019, 10:09:47 AM
 #7

You can just transfer your useful tokens to a new wallet and forget you had an old one. That way you would get rid of them.
I use 3 types of wallets. 1 for airdrops, my trash wallet. Another for bounty, my earning wallet. And another for the tokens I buy, my trading wallet.
Any promising coins from 1st and 2nd would come to the third.
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June 14, 2019, 10:23:02 AM
 #8

There is nothing you can do with that useless ERC20 tokens, just let them stay in your wallet or you can create a new wallet if you don't like a garbage in your wallet.
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June 14, 2019, 10:26:39 AM
 #9

My main ethereum wallet is like a garbage truck loaded with shit coins right now. I wish a way to wipe out them but creating a new wallet and transfering valuable tokens to there is also a good idea.

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June 14, 2019, 10:29:17 AM
 #10

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

There is nothing you can do with the ERC20 token that you have, if the token comes from a scams source. Because these tokens will function if they are already registered in exchange, and their platform can be used by the public.
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June 14, 2019, 10:30:51 AM
 #11

There is nothing to do with the useless ERC-20 tokens, also no exchange or other service renders provide with the access for swapping. Binance has got a feature where large number of tokens can be swapped to top listed cryptocurrency. Here it has got limitations and at the same time if those were useless tokens here also there isn't no way for swapping.

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AltcoinsBattle
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June 14, 2019, 12:06:53 PM
 #12

My main ethereum wallet is like a garbage truck loaded with shit coins right now. I wish a way to wipe out them but creating a new wallet and transfering valuable tokens to there is also a good idea.
Perhaps in the future, settings for MEW + cookies will be created to hide some assets. On MM we can always add or remove any of the tokens. It's comfortable.
But the best thing is not to pay attention to this shitcoins.

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June 14, 2019, 12:19:16 PM
 #13

usless erc20 token, yeah if i can do something with this shitcoin i will go there and do that.
but dude, this shitcoin is never can we sell and no body want to buy this token.
now i think erc20 token is not worth again to invest.

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June 14, 2019, 12:29:26 PM
 #14

No and never will, the useless token will continue to be useless forever. Especially if the token was developed by a scam project, it is clear that the token will never be of value. Maybe if developed by a project that stops it still has the possibility to have a return value.

Yes, let's just say the useless token is the decoration of your wallet, count it to make it look rich when people track your wallet haha

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June 14, 2019, 01:55:17 PM
 #15

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.
-You Can Burn Your Tokens (This Need Some Efforts And Transaction Fees) To 0x0000000000000000000000000000000000000000
-You Can Search For Buy Order On Ethereum DEX Like EtherDelta and ForkDelta, This May Work But Usually, The Token Price Is So Low (Since It's Basically Worthless) And Sometimes It Doesn't Ever Cover Up The Fee(Exchange Fee)
-Send It To The Person You Hate (Require Some Transaction Fee)

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June 14, 2019, 02:00:00 PM
 #16

There's nothing you can do about it. As what you've said it's a "Useless" ERC20 tokens it means that it has no use at all it will stay in your wallet, imagine having a trash on your wallet that's what is it. If only we can burn it and exchange it to ETH maybe there's a lot of people might will be helped by it but it's impossible lol.
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June 14, 2019, 02:01:37 PM
 #17

No, it will stay there forever.
I know what you feel about those worthless erc20 tokens that were sent to you. But you are free to create a new wallet that you haven't posted anywhere so that there will be no airdrop tokens.

My suggestion is also same. Create new wallet and just build your portfolio only with listed and worthy tokens.
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June 14, 2019, 02:04:25 PM
 #18

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.
If there is someone willing to buy that worthless tokens,but it is not going to happen so keep that with you forever or just trash it by sending to another address which may still needs gas fee to be paid.
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June 14, 2019, 02:16:07 PM
 #19

No, it will stay there forever.
I know what you feel about those worthless erc20 tokens that were sent to you. But you are free to create a new wallet that you haven't posted anywhere so that there will be no airdrop tokens.

My suggestion is also same. Create new wallet and just build your portfolio only with listed and worthy tokens.
Since there's no way to wipe it out creating a new wallet and transfer those tokens will be the very good option, if you wanted to clean out
your wallet as you are already irritated seeing tokens without value and you wanted to focus with projects that will really bring good opportunities
then wiping it away by sending it to a new wallet will do.

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June 14, 2019, 02:36:44 PM
 #20

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

If the coins obtained through a scam project, it will be very difficult to exchange them because no one is interested, but try to put it into the exchange forkdelta, if indeed when exchanged can exceed the gas transaction, it is better to just exchange everything.
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