Questions relating crypto that you're too afraid to ask

How the fuck do ERC-20 tokens work? I'm about to recieve some ERC-20 tokens from an ICO but I have no idea what kind of address to give them or anything. Do I just give my ETH address that I have on Kucoin? Does that work? How can I distinguish between different tokens within my ETH address? What happens if I get different ETH tokens there? How can I sell some of them but not others?

This may be a retarded question but help a bro out.

You need an ETH private wallet. Like MyEtherWallet. Then the tokens just go in the wallet and you send them around with gas (ETH).

Ya Kucoin address would work, Kucoin will give you the ICO coins as soon as ICO distributes

Normally I don't like muscle-definition girls, but this is just fine.

how much XLM for a ball-busting session?

So how can I sell the tokens? Transfer them to an exchange that already has them adopted, much like ChainLink already is on many exchanges? How much ether will I need to transfer them?

>that look is somehow sexier than the body

Is this true? Sounds like I'll end up losing the tokens, what if the ICO coin never hits Kucoin?

An ETH wallet can hold ETH and ERC20 tokens. If you want to sell them you need to send them to a centralized exchange that has them listed (easier) or post a trade on a decentralized exchange (harder), which is probably what you're going to have to do.

You can send ERC tokens to any ETH address you have the private key, for example MyEtherWallet.

You can check what tokens you have directly there or under the token tab on etherscan.

You have control over them as long as you have enough gas in that wallet.

Don't fucking use an exchange address, use MyEtherWallet or similar as recommended earlier.

like 0.001 eth or less dewpending on how fast you want to send (gas price)

No, always participate in ICOs though a wallet under your control.

why's this chick staring at me like she wants to steal my wallet?

Yep, once they are in the wallet you can transfer them to a wallet on an exchange that accepts them and has trading pairs. As an ERC-20 token they will likely be on IDEX or ED first.

What's the point of these tokens anyway?

For example EOS states that it is "The Most Powerful Infrastructure for Decentralized Applications", but it's actually an ERC20 token.

Vechain is "the world’s leading blockchain platform for products and information". An ERC20 token.

I don't even know what TRON is supposed to be, but it's just an ERC20 token too.

I'm confused.

Can anyone actually cash out their coins for real cash ? or is their money/gains stuck in the crypto fund theyre using

Use your own wallet. Exchanges will not support or give you back your ico coins.

came here to say this. def not attractive at all

Many of these tokens claim to one day be actual coins. When that happens you transfer your ERC20 tokens to their new wallet I imagine. Be mindful some of the tokens you need to register now, I think EOS is one of those.

Most of them established ERC20 tokens to raise funds for development. They all have their own chains testing in private and will release them at some point. Releasing the ERC-20 token now lets them raise funds and gets awareness of their company out there.

agreed, fuck those other guys. she's not that attractive in the second photo (if it's the same chick) but damn that's hot

>oi! you in the bushes!!

how the fuck do i trade eth/usd as an ausfaglian without providing a selfie with all my personal information and bank account

>this kind of morons are entering crypto


>smart money
>early adopters
you stupid niggers

why do you think we aren't early adopters?

>this kind of morons


anytime sub $500 was still pretty early idiot.
also. what the fuck are you talking about, or even at?

i can deposit/withdraw eth and trade it on the platform without any id whatsoever?

i'm almost a millionaire because i bought someone a custom title and SA for 69 bitcoin back in 2010

on SA*

>bought btc on layaway
gg user

lurk moar newfag

What other platforms are there?
So far I know of eth, neo, eos, dragon, odn.
Also what blockchains are in their own
Like btc, xmr, xlm

Please answer my stupid question

fell for bait jej
t. merk

QTUM, Boscoin, ICX

Thanks kind user. Anymore? I'd like to buy into the infrastructure only, I don't care for tokens

I'm pretty sure you need verification on any exchanges that do Fiat. So you can play around on Binance but won't be able to actually cash out until you're set up on a Fiat exchange