Re: 🌟🌟🌟🌟🌟🌟 Buy ChronoBank TIME on Bittrex or Liqui.io ! 🌟🌟🌟🌟🌟🌟
Can the chronobank change my eth address cos i accidentally deleted my eth wallet seed.
Please contact support@chronobank.io from the email you used to register a new Chronobank account.
Why does it say "DO NOT USE a wallet address from crypto exchange! You can lose all your tokens FOREVER."
If it is an Ethereum transaction, why does a transfer to a crypto exchange mean any danger?? I do not get it at all! It was supposed to be as dangerous (or not dangerous) as any other wallet address.
If it is an Ethereum transaction, why does a transfer to a crypto exchange mean any danger?? I do not get it at all! It was supposed to be as dangerous (or not dangerous) as any other wallet address.
There's one situation only when you have a full control over your tokens - if you have a private key. You don't have a private key from the exchange address.
Ok, I got it.
So, if one intends to send the tokens to an exchange, he/she could do it right away from chronobank dashboard, since the ownership of the private key is an issue regardless of sending tokens to MyEtherWallet before sending to the exchange or not.
Thanks. I will send the tokens of this second account directly to the exchange, because if I create a second Ethereum wallet (the first one is used for invested tokens) I will have to send fuel (ETH) to it as well, and it is a pain...
There's a chance that an exchange won't accept the transaction during the token distribution at all and the tokens won't be credited to your exchange account. In that case you will have to contact exchange support and ask them if they can help you. You can just lose your tokens.
I will ask our technical department for more details.
If you have your tokens in your own wallet you can send a small test transaction to an exchange to check if everything works fine. You will not be able to do that if you use an exchange address from the start.
Moreover, many exchanges don't support TIME tokens at all, but support ETH. Some people don't know about that and can also lose all their tokens if they use an exchange address.