SUMMARY (edited 30/05/18): You need to do this before the 1st of June to claim the tokens. If you have registered your tokens to your Jaxx wallet already, you will need to download the EOS wallet after the launch of the main-net in June. Initially, there will be no support from Jaxx. It is important that you keep the new EOS key you generated as you will need this later. Finally, please don't move the EOS tokens from the current ERC20 address if you have already registered.
Please visit the official EOS website for further info.
Convert EOS Tokens (ERC-20) to EOS Protocol Tokens
EOS is currently an ERC20 token however it is about to move to a protocol token. This means you must register your tokens or they will be frozen forever and non-transferable.
If you have your tokens on Binance, the token will automatically be converted so if you are worried about doing this yourself you could move the tokens there. Please note that this might not be the case with all exchanges.
I will be going through how to register your tokens through Jaxx and MyEtherWallet. It is extremely important that you use the correct site as there are many phishing sites. It is quick and straightforward to convert EOS tokens so don’t freak out!
You need to do this at least 48 hours before the 1st of June to claim the tokens.
Please use this step-by-step guide at your own risk. BitPrime is not responsible for any tokens lost while attempting this process. This guide is not intended as legal or financial advice in any way, shape or form.
For MyEtherWallet Users – Click here to start at Step 11.
For Jaxx Wallet Users – Start here at Step 1:
- To begin, you must have both your Jaxx EOS and ETH wallets selected and initialised. If you are unsure if this is done, please check which wallets you have selected under Menu > Wallets.
- Secondly, choose your “EOS” wallet.
- Copy your public EOS address and paste it somewhere handy such as Notepad or Word as you will need it later. Please note, your public EOS address is the same as your public ETH address in Jaxx.
- Select the Menu button (looks like three horizontal lines in the top right-hand corner).
- Click “Menu”.
- Then, select “Tools”.
- Select “Display Private Keys”.
- A warning screen will appear reminding you not to share your private keys with ANYONE. After the four second countdown, select “I Understand”.
- Next, Select “Display Ethereum Keys”.
- Copy your ETH Private key and note it down somewhere secure as you will need it later. If possible, keep it offline to be safe.
- Ensure you have at least 0.01 ETH available for gas as this will be used to complete your registration.
MyEtherWallet Users Start Here:
Firstly, move all your EOS to a separate MyEtherWallet address along with 0.01 ETH (this is to send the EOS as you need ETH for your gas limit).
- Go to https://nadejde.github.io/eos-token-sale/ which is an EOS wallet key generator. You will be given a new wallet address for your EOS for when it converts from an ERC20 token.
- Next, click on “Generate EOS key”.
- Copy the Public key and paste it somewhere handy like Notepad, or Word.
- Copy your Private key and note it down somewhere secure as you will need it later. As per Step 10 (For Jaxx users), keep it offline if possible.
- Next, go to https://www.myetherwallet.com
- Make sure the network is set to “Network ETH (myetherapi.com)” in the (top right-hand corner).
- In the top menu bar of the MyEtherWallet site, click the button that says “Contracts”.
- Next, click the “Select Existing Contract” drop-down box and choose “EOS: Contribution”.
- Select the blue “Access” button.
- Following this, read the instructions carefully that pop up on the screen.
- After that, click on “Select a function” and scroll down to choose “register” from the drop-down menu.
- You will now need to paste in your new EOS PUBLIC wallet address which you copied in Step 14 into the field “key string”. It should begin with the characters: EOS.
- You now need to link up with the device or Private key you are using. If you have a Ledger Wallet select this option under “How would you like to access your wallet?” and follow the on-screen prompts. If you don’t have a Ledger, select the “Private Key” option, enter your ETH Private Key from Step 10, and click the “Unlock” button.
- Next, click “Write”.
- You will then be prompted to “execute a function on contract”. You can leave these settings as it automatically fills them out for you. “Amount to Send” should be set at 0, and the “Gas Limit” should be over 90000 (MyEtherWallet Users: this is why we had to move ETH previously). Click “Generate Transaction”, which will open a new section.
- Finally, Click “Yes, I am sure! Make transaction” and you are all done! You have just registered to convert EOS tokens successfully. If the transaction fails, you may need to increase the Gas Limit to 100000.
- Afterwards, If you would like to make sure you have done this correctly, go to https://eoscountdown.com/ and on the left-hand side under ‘token registration’ enter the ETH address to check if everything went smoothly.
How to Buy EOS (EOS) in NZ?
To easily buy EOS in New Zealand you can do so right here, at BitPrime. First, if you haven’t already done so, please register an account with us and have your ID verified. Finally, visit our EOS page to order your EOS. If you require any further assistance, please contact us and we will be happy to help.
Learn more about the EOS blockchain in our What is EOS? Understanding the Blockchain Protocol post.
Disclaimer: The above references an opinion and is for informational purposes only. It is not intended as personalised financial or investment advice. The opinions expressed by the author do not represent the opinion of BitPrime.
Last updated: 23/05/2018