Just some info please


#1

Hello everyone, I have a newbie ? for some guidance please. i have been in crypto about 4-months now, i purchased EOS and it sits on binance. I’m in for the long term, and really don’t want to keep checking on it. i have read here and there about creating a wallet.

should i be creating a MEW and send my EOS from Binance to MEW, and then register MEW with EOS before a June 1st date?

Thnx, i don;t mean to be annoying. just not sure what to do.


#2

Yes, that’s the best thing to do IMO. Or you could trust the exchange to do it for you. But better be safe than sorry.


#3

Thank you, I suppose I should be creating a wallet for each coin as well, like rpl.ada.eos for example. does that mean I shouldn’t leave anything on an exchange unless I’m going to buy and sell. my type of investing is to find a company i like, then invest for the long term, 5-10 years. thnx again.


#4

Ethereum supports a lot of tokens in the ERC-20 format. You can store these at one Ethereum address. Other tokens like Ripple have their own system. So make sure to do some research on what token is provided on what system.


#5

I have ethereum on coinbase. Can I
Just send my eos to that address and then register that address with eos ? Sorry for the follow up, I’m on the road If I do does the eos show up as eos in the eth wallet. Or is it better to just create the mew n send it there. Thnx again.


#6

I would keep your EOS away from an exchange. So yes, store it on an Ethereum-address using MEW for example. You can use MEW to register your EOS-address as well.


#7

So going in the line of the above post, I have EOS in MEW and now that the main net has been launched what happens with the EOS coins in MEW ?


#8

It’s frozen. You can never move your EOS-tokens on Ethereum. You tokens are now on the EOS blockchain.


#9

Thanks for your reply, how can I move EOS coins from mainnet to my ledger blue ? and I have noticed I have EOS airdrops on MEW what happens to them ?


#10

I don’t know

Yes, I got some drops on my Ethereum-address as well. Which is weird because these projects will run on EOS. I have no idea what happens to them. Maybe some exchange on Ethereum picks them up, who knows.