btcwish1 (OP)
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November 28, 2020, 04:56:55 PM Last edit: November 28, 2020, 05:24:18 PM by btcwish1 |
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Dear friends, I am not very familiar with erc tokens and myetherwallet. I purchased some erc tokens ( useless tokens ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) long time back. I was just checking myeatherwallet and saw there is some amount. Can you please advise how can I withdraw money or convert them to other crypto. Its small amount but every penny helps. screen shot: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0cnCsvf.png&t=665&c=NPNowPVssiSTFA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FyxC31dF.jpg&t=665&c=O4GZ1949jXi3mw)
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pieppiep
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November 28, 2020, 05:10:14 PM |
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Dear friends, I am not very familiar with erc tokens and myetherwallet. I purchased some erc tokens ( useless tokens ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) long time back. I was just checking myeatherwallet and saw there is some amount. Can you please advise how can I withdraw money or convert them to other crypto. Its small amount but every penny helps. screen shot: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.linkpicture.com%2Fq%2F1_867.jpg&t=665&c=yyYLp6s3P_24Dw) I see the screenshot that you provide is damaged and cannot display the image you captured, but I try to answer from what you experience, First you have to save between the private key or the JSON file (Keystore File) that you get when you create a wallet on myetherwallet, after that you try to log into https://www.myetherwallet.com/access-my-walletafter that you can select Access My Wallet with "Software" There will be 3 options for access: 1. Keystore File 2. Mnemonic Phrase 3. Private Key At least you save one to access the myetherwallet wallet after which you can exchange the tokens you have, but you have to fill in some ethereum to the wallet for the gas fees needed when making exchange transactions.
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btcwish1 (OP)
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November 28, 2020, 05:18:43 PM |
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Dear friends, I am not very familiar with erc tokens and myetherwallet. I purchased some erc tokens ( useless tokens ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) long time back. I was just checking myeatherwallet and saw there is some amount. Can you please advise how can I withdraw money or convert them to other crypto. Its small amount but every penny helps. screen shot: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.linkpicture.com%2Fq%2F1_867.jpg&t=665&c=yyYLp6s3P_24Dw) I see the screenshot that you provide is damaged and cannot display the image you captured, but I try to answer from what you experience, First you have to save between the private key or the JSON file (Keystore File) that you get when you create a wallet on myetherwallet, after that you try to log into https://www.myetherwallet.com/access-my-walletafter that you can select Access My Wallet with "Software" There will be 3 options for access: 1. Keystore File 2. Mnemonic Phrase 3. Private Key At least you save one to access the myetherwallet wallet after which you can exchange the tokens you have, but you have to fill in some ethereum to the wallet for the gas fees needed when making exchange transactions. Thanks for reply. I have corrected the screen shot. I already have myetherwallet but I don;t know how can I convert those useless token to something useful. Thanks
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YOSHIE
Legendary
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November 28, 2020, 05:20:29 PM Last edit: November 28, 2020, 05:43:02 PM by YOSHIE |
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Follow this guide. Topic: [Guide] MyEtherWallet Offline Transactions [SECURITY]Do as discussed in that topic. If you don't understand, you can ask: to: Nestade, Good luck. If you have any questions please feel free to ask anytime. Best regards, Nestade
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Rodeo02
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November 28, 2020, 05:23:54 PM |
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Thanks for reply. I have corrected the screen shot. I already have myetherwallet but I don;t know how can I convert those useless token to something useful. Thanks
To convert your balance you need to send every tokens where it's listed then you can convert it there to eth or any currency you want. I check all the tokens balance , all I can say is it's almost no value .you may even spend more on the fee of transferring it to another wallet than earnings with it. I suggest to just forget about that tokens in your wallet and stay it there until it's worth it to sell.
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FireBallex
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November 28, 2020, 05:55:45 PM |
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Dear friends, I am not very familiar with erc tokens and myetherwallet. I purchased some erc tokens ( useless tokens ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) long time back. I was just checking myeatherwallet and saw there is some amount. Can you please advise how can I withdraw money or convert them to other crypto. Its small amount but every penny helps. screen shot: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0cnCsvf.png&t=665&c=NPNowPVssiSTFA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FyxC31dF.jpg&t=665&c=O4GZ1949jXi3mw) You need to find information about the tokens one by one to know which crypto exchanges they are listed, for example datum token is listed on huobi exchange, you need to open an account on huobi and send the datum token to the datum token address of the exchange and sell on the exchange, do the same thing with every other tokens too
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Ezravdb
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November 28, 2020, 05:57:39 PM |
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Thanks for reply. I have corrected the screen shot. I already have myetherwallet but I don;t know how can I convert those useless token to something useful. Thanks
The first step you have to check every Token in your wallet is listed on which exchange, if you need an application to track every Token listed on the exchange you can use the Bituniverse application. DATUM (DAT) is listed on the Houbi exchange, you can transfer the DAT token to the Houbi exchange in order to convert to ETH or USDT. WPR is listed on the Binance and Houbi exchange.
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Ryushin
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November 28, 2020, 06:04:37 PM |
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Also don't forget to leave some ETH on your wallet because to send those tokens to exchange you will need ETH as the transaction fee, since you've been answered about sending tokens to the right listed exchanges I think there is nothing left to know
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yurez
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November 28, 2020, 06:11:37 PM |
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Thanks for reply. I have corrected the screen shot. I already have myetherwallet but I don;t know how can I convert those useless token to something useful. Thanks
If your tokens doesn't show any value of few cents then is useless as you mentioned means you can sell it on exchanges then why you want to send it to somewhere which is going to fost you few bucks which maybe higher value than the actual token value. You are absolutely right. If the balance of the token is less than $ 5, then there is no point in transferring it to the exchange, since you will pay a commission for both input and then for withdrawal. It may be better to wait a bit for the token to rise in price and sell later.
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Fesatmas
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November 28, 2020, 06:19:51 PM |
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bro we are one ship ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) almost 30 minutes ago I spent time checking all wallets in MEW, and I was very confused about how to withdraw all these tokens, even in all my MEW wallets I have these tokens. almost quite a lot, and we are indeed the same boat hahaha this is real
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cryptonx
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Futurov
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November 28, 2020, 06:43:38 PM |
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Dear friends, I am not very familiar with erc tokens and myetherwallet. I purchased some erc tokens ( useless tokens ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ) long time back. I was just checking myeatherwallet and saw there is some amount. Can you please advise how can I withdraw money or convert them to other crypto. Its small amount but every penny helps. screen shot: - snip - first if you still have the private key, just open your wallet and send to exchange to convert your tokens to bitcoin, ethereum or usdt of course if the tokens tradeable on exchange, or you can exchange your tokens to ethereum in decentralized exchange such as eth forkdelta my friend
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Paycoinzzz
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November 28, 2020, 06:49:43 PM |
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Very easy. Step 1: Find the exchanges listed above. Step 2: Create an account in exchanges and navigate to Deposit section. Step 3: Copy deposit address and paste it in the withdraw address section. Step 4: withdraw the maximum token you have and then sell it on the exchange. Done.
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angrybirdy
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November 28, 2020, 07:01:00 PM |
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The only thing you need to do is to find the exchange of these altcoins. But I am afraid that you can only sell those above $10 because if you transfer those coins worth $2, it won't even be enough for you to withdraw it once you sell it already. However, you can still check if these coins have the same exchanges, if ever they do, you can sell them at once so you can save with the withdrawal fee.
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FinneysTrueVision
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November 28, 2020, 07:51:19 PM |
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For anything worth less than $10 you will probably spend too much in fees that it is not worth exchanging. You can probably exchange these coins on Uniswap, although there is not a lot of volume and you will have to accept whatever price is available. ETH fees aren't too high right now but since smart contract interactions are required for the exchanging it'll be more expensive than a regular transaction.
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btcltcdigger
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November 28, 2020, 07:54:28 PM |
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Very easy. Step 1: Find the exchanges listed above. Step 2: Create an account in exchanges and navigate to Deposit section. Step 3: Copy deposit address and paste it in the withdraw address section. Step 4: withdraw the maximum token you have and then sell it on the exchange. Done.
It's even simpler than that - Go to uniswap - connect wallet - find the tokens you want to sell and find the eth/usdt token you want to receive - approve - swap - profit!
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posi
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November 28, 2020, 08:25:17 PM |
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Since you claim not be familiar with the ERC20 and myetherwallet. I think what you need to know is that Myetherwallet is a web wallet and every web wallet are vulnerable to attack so i will advise you to integrate 1) the metamask extension on your browser import your ETH wallet on metamask using your private keys. 2) Googling the token online to find the exchange where it listed (example google " datum token" which is listed on capital market and huobi is the best exchange for you to sell it). Note : you need to consider the price of the token, tx fee and exchange withdraw limit if the token is not listed on instant exchange like uniswap so it wont be a waste of time, efforr and tx fee from your ending - Go to uniswap - connect wallet
It not all ERC20 that are traded on uniswap and is not advisable for the OP to connect with uniswap using Myetherwallet.
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bitbollo
Legendary
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Nec Recisa Recedit
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November 28, 2020, 08:33:06 PM |
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I am not sure it is really worth exchange with a centralized exchange since you risk to pay more in gas fee and then from exchange for withdraw. it could be better try to sold directly to some user on forum maybe interested in all tokens for a discount price. or just wait the price will raise again in the upcoming months (ps for some of these tokens I am not sure they will have a minimum value but storage it's free ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) )
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btcltcdigger
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November 28, 2020, 08:39:22 PM |
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Since you claim not be familiar with the ERC20 and myetherwallet. I think what you need to know is that Myetherwallet is a web wallet and every web wallet are vulnerable to attack so i will advise you to integrate 1) the metamask extension on your browser import your ETH wallet on metamask using your private keys. 2) Googling the token online to find the exchange where it listed (example google " datum token" which is listed on capital market and huobi is the best exchange for you to sell it). Note : you need to consider the price of the token, tx fee and exchange withdraw limit if the token is not listed on instant exchange like uniswap so it wont be a waste of time, efforr and tx fee from your ending - Go to uniswap - connect wallet
It not all ERC20 that are traded on uniswap and is not advisable for the OP to connect with uniswap using Myetherwallet. This only tells me you skipped most of the OP's post. Since etherscan is showing a price, this is a 99% guarantee there will be liquidity on uniswap. And why is it not advisable? Uniswap is the aingle biggest DEX for erc20. i'd sooner truat uniswap than binance
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nrvasquez
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November 28, 2020, 08:51:42 PM |
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Maybe you should consider the fees bro, looking at the tokens you have in your wallet, I think you can only do a few swaps on uniswap. Don't be too hasty, maybe ethereum 2.0 can solve the issue of gas fees better than we thought, but for now maybe you can only swap on uniswap for some of your tokens.
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posi
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November 28, 2020, 10:25:35 PM |
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Since you claim not be familiar with the ERC20 and myetherwallet. I think what you need to know is that Myetherwallet is a web wallet and every web wallet are vulnerable to attack so i will advise you to integrate 1) the metamask extension on your browser import your ETH wallet on metamask using your private keys. 2) Googling the token online to find the exchange where it listed (example google " datum token" which is listed on capital market and huobi is the best exchange for you to sell it). Note : you need to consider the price of the token, tx fee and exchange withdraw limit if the token is not listed on instant exchange like uniswap so it wont be a waste of time, efforr and tx fee from your ending - Go to uniswap - connect wallet
It not all ERC20 that are traded on uniswap and is not advisable for the OP to connect with uniswap using Myetherwallet. This only tells me you skipped most of the OP's post. Since etherscan is showing a price, this is a 99% guarantee there will be liquidity on uniswap. No, it does not guarantee the token was listed on uniswap. I'm once a participant of Digital Gold Token bounty, they pay with their token which is not listed on uniswap but their local instant exchange and exchange like Bitforex but etherscan shows the price of the token in USD. And why is it not advisable? Uniswap is the aingle biggest DEX for erc20. i'd sooner truat uniswap than binance
I believe you just misunderstanding me cause i wasnt referring to Uniswap but advising the OP to be security conscious cause web wallet can be easily attack and with the previous situation of Myetherwallet victim it not advisable to use Myetherwallet on Uniswap even the site provide this hints sometimes. Aside, no crypto geek will advise the use of web wallet.
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