Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: KobbyD on July 24, 2018, 09:19:27 AM
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After receiving tokens after distribution, how do I convert it to ETH? Any good tutorial to share with me here?
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Know first the exchange where your coin is listed and then send it there by creating nd account and trade it. You can watch YouTube for the tutorial of the exchange.
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it's very nice if you receive a token payment from the bounty, and if you want to convert to eth it's easy, you just have to transfer your tokens to the market and you can sell directly to eth.
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After receiving tokens after distribution, how do I convert it to ETH? Any good tutorial to share with me here?
Sell them in exchange, going to places like coinmarketcap or the ICO group chat to know where it is listed, however you are able to sell it in decentralize exchange like idex or etherdelta but they price might be a big difference to centralize exchange.
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You need to transfer the tokens to metamask or MEW and use that to sell them on a decentralized exchange. IDEX works too, but it's not decentralized. You'll need a little ETH for the gas as well. Some exchanges have a minimum required amount to be able to trade on them so you might not be able to get rid of them unless you buy some more and then sell them altogether as a lump sum.
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you just need to put the tokens you can in exchange and after that you can trade with eth by selling your token with eth.
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This is informative! I am just joining one bounty for the first time and I am hoping it will be successful so I can also convert my alts to ETH or whatever it may be. I have a Metamask wallet.
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If we know the exchanged and we have the knowledge,then thats the time we can convert the Ethereum to Bitcoin.So you can convert Ethereum to Bitcoin and it is a nice move.