Quote from: digroske on May 17, 2018, 10:17:39 AM

Quote from: Exodia.World Official on May 15, 2018, 06:51:04 AM

Before you invest in any ICO, you should understand ERC20 Token first.
Most ICOs are using ERC20 Token as a standard token used on Ethereum platform. You can invest in ICO by sending Ether (ETH) from your wallet to the ICO address.

For new Blockchain projects, ERC20 Token is used to raise funding. Once the projects main net is ready, we can swap the ERC20 Token that has been bought via ICO with the new coin issued for main net. As an example: EOS Token that has been sold during ICO can be swapped with its new coin when its main net launches. And for Decentralized Apps (Dapps) that are built on top of Ethereum platform, the token being sold can be used to pay for certain product/service of the Dapps.

Using wallet to store ETH - MyEtherWallet or MetaMask
You can follow the guideline of using the wallet; https://myetherwallet.github.io/knowledge-base/getting-started/getting-started-new.html.
You basically have to purchase ETH from an exchange like Coinbase, and then send it to your wallet address. You can send a small amount first to make sure it is the right address, any mistake in the address will cause your Ether to be lost in the wrong address and you cant get it back.

Send your ETH to the right address for ICO
You must not send your ETH from exchange. If you send ETH from an exchange to any ICO, you will not receive your tokens. This is because when you send ETH from an exchange, the exchange sends the transaction from their pool of ETH, not an address specifically linked to you.
When the ICO smart contract sends the tokens back to the address you paid with, it sends it back to the exchanges pooled address so you dont receive your tokens. Thats why you must always send from an address you control, not an exchange address. (https://medium.com/@icoalert/if-you-send-eth-from-an-exchange-to-any-ico-you-will-not-receive-your-tokens-134a01668806)
Also, make sure you have enough Ether for Gas, you will be charged a certain amount of Gas every time you transfer Ether (ETH) or any ERC20 Token.

Please remember to follow all the rules for participate in in the ICO you want to, rules may be different in different projects.

It would be useful to tell beginners about the rules of security of electronic wallet management. Add information please.

Noted, will add them soon