Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]🇨 Crypterium - Digital Cryptobank with Credit Token & Open Platform🇨
by
Mike | Crypterium
on 25/10/2017, 16:23:43 UTC
Hi everyone

Very new to all of this and been trying research this whole token ICO thing that seems to be everywhere.

Please could I just have some clarification. When we purchase these tokens. Do they appear in a Crypterium Crypto Wallet or do they just appear in our account and we then have to transfer them to our own wallet?

My second question is; once they (tokens) are received can we convert/exchange them into Ethereum via an exchange/wallet or the Crypterium application OR would it be best to keep hold of the tokens until price goes up? Very new to this so I probably sound a little stupid but how would the token price actually go up? Basically what I’m asking also is why consider an option to purchase the tokens rather than just buy ethereum directly from an exchange? Thank you for your help.

Aaron

Greetings! They appear in your account and you need to transfer them to an ERC-20 wallet.
You can sell your coins after they are listed on the exchanges. But, as you can see on our website https://crypterium.io/#tb there're a lot of benefits for token holders. Also we as our sytem buys tokens constatly and burns them, it creates constant demand

Thank you Mike for the reply. So would they need to be sent out of our account into a wallet or will a wallet be provided within our account? If they do need to be sent out, will we have to exchange them to Ethereum before we send them or can we exchange them one the tokens are with a ERC20 supported wallet/platform?

Thanks, Aaron

You need your own ERC-20 wallet and you don't need to exchange them. ERC-20 wallets will suport our tokens.