Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
RichardReMark
on 25/01/2017, 13:55:59 UTC
Recently I have moved some of my Iconomi to myetherwallet and I wanted to move to an exchange but unable to do it.

Yes, this is not XBOX Live.
You have to be aware that ICN are Tokens that can be moved on the Ethereum Blockchain. The cost are minimal, but its unavoidable that you need some "Gas" (Tiny fractions of ETH) to power the transaction, its part of the Transaction process. But its super easy to handle when you get used to it. just put a tiny bit of ETH in the same adress you want to send your ICN from and it works.
Think of it, like you have to plug in your XBOX to the socket to power it with electricity...without it it would not work!

You "pay" for "gas" to get the network confirm your transaction. It's a small fee for the work they do.
Thank you guys for quick response to my question, I dont wanna be a troll (just saying what is on my mind my english is not the best so please look throu that) or someting like that, i should have nothing to compain about with the coming dividends and profit that i made from this token i can buy the small amount of etherium. I thank the blockchain gods every day for that I hope poseidon will not be all jelly about it Smiley (btw if annyone is interested in ancient granite rock cutting technologie i think i know how they did it!!!)