Okay, does anyone here know of a simple step by step guide to selling ERC20 tokens on the exchanges - preferably etherdelta.com?
Basically, I have purchased a number of ICO tokens from a UK based crypto mining farm.
There are tutorials for the members on how to set up MetaMask/Myetherwallet accounts etc, but that is all at the moment.
Most members are holding on to the tokens, but I want to sell some of mine asap.
Most of the etherdelta tutorials on you tube are quite complicated and mainly focus on buying not selling.
I have my tokens in my MetaMask wallet for now.
Cheers
Phil Oakey
Pretty easy on etherdelta
This is assuming you have MyEtherWallet and Metamask already setup
First you need to go to the appropriate link on ED here is an example one for Lambden (TAU) as TAU is a young coin and integrated there yet
https://etherdelta.com/#0xc27a2f05fa577a...356501-ETH
If your coin token is not listed as yet with a 3 or 4 letter ABV like (TAU) just replace the contract number 0xc27a2f05fa577a83ba0fdb4c38443c0718356501 in the above URL with the one you want to find that particular market for. Remember to add the -ETH on the end
Ok you have your contract that you want to trade and the Order Book has come up Reds are Sellers and Green Are Buyers
You need to transfer your Tokens from Metamask to ED (Ie make a deposit)
so top left hand corner click deposit you should have 2 options 1 the contract you are working with and under that ETH
Fill in the amount of the Token you want in the deposit field then click deposit next to that feild
Follow prompts to send to ED from Metamask
Ok so now your tokens are on ED (see them? make take a minute or so to update just refresh the browser)
now you want to sell them
click on a BUY order with a greater amount than you want to sell so you can fill most of the order remember ED is a Peer to Peer exchange so you are doing a transaction just with that other person
You are also transferring from that coin into ether (ETH) and you will withdraw ETH back to Metamask once your done
Once your transaction has gone thru click the with draw tab then fill in the amount of ETH to with draw in the field then click the Blue With Draw button
210000 and 40 for your gas limit prices or you will wait for days
hope that helps
P.S. I am releasing a course on ICO investing and using ED as a first option to sell if your interested just ping me
Hey protifhound, thanks very much.
Yes, I have MyEtherWallet and MetaMask set up.
I'll follow your guide,
Really appreciate your help.
Reps added for you.