How Do I Check If My Etherwallet Registered Eos

On June two, EOS will be transitioning from the Ethereum network to its own mainnet. While this is undoubtedly an exciting time for the project and its supporters, information technology also means EOS token holders will need to make sure they register their tokens so that they don't lose whatsoever holdings.

So, what do yous need to do for the EOS June token swap and when? Permit's take a closer expect.

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Why practise I demand to annals my tokens?

The EOS tokens currently in circulation are ERC20 tokens on the Ethereum network. However, in one case EOS switches over from the Ethereum blockchain to its own mainnet in June, these tokens will be replaced with EOS coins issued on the EOS network.

The current EOS tokens will be frozen on the Ethereum blockchain before the launch of the mainnet. If yous keep your EOS tokens in a wallet, so you'll need to register your ETH address (where your current EOS tokens are held) to a public EOS primal. The problem is that EOS doesn't allow United states residents to participate in the token distribution, and then US holders won't be allowed to annals their tokens.

If you keep your EOS tokens on an exchange, the process is slightly dissimilar. The exchange may support the token swap and handle the process for you. If y'all concord your EOS tokens on an commutation, information technology's very of import that you check what your exchange plans to do regarding the mainnet launch. Declining to practice and then may result in the loss of your funds.

In one case the mainnet has launched, a snapshot will be taken of the EOS holdings in all registered wallet addresses and used to determine the distribution of new EOS tokens.

When do I need to register past?

EOS holders must register their tokens by June i, 2018. Inside 23 hours of the final token distribution period on June 1, 2018, at 22:59:59 UTC, all EOS tokens will become fixed (ie, frozen) and will become non-transferrable on the Ethereum blockchain.

How practise I register?

Because EOS blocks token registration for US residents, in that location's only i way to register your EOS tokens:

Motility your tokens to an exchange that supports the EOS token swap.

Many cryptocurrency exchanges have already announced that they'll support the token swap. If y'all eolith your tokens into your business relationship with one of those platforms, the exchange will look after the technical requirements of completing the registration. The following are some of the exchanges that take said they will support the bandy:

Bitfinex
COBINHOOD
Kraken

Kucoin
OKX
GOPAX

Not-US residents can hold their EOS tokens in MetaMask, MyEtherWallet or Exodus, only they'll besides need to register the wallet address on the eos.io website.

Where to purchase EOS

Prepare for the token registration before June 1 to ensure that you don't miss out on the token swap.

At the time of this writing, the author holds IOTA and XLM.

Tim Falk is a freelance writer for Finder, writing across a various range of topics. Over the course of his 15-yr writing career, Tim has reported on everything from travel and personal finance to pets and Television receiver soap operas. When he'south not staring at his computer, you tin can usually detect him exploring the great outdoors.

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