... Your tokens won't be lost, there will be a swap period of months and you can exchange your Eth based tokens for the new ones any time you want, don't worry.
Hello,
I am a beginner and I do not understand what you explain. What exactly does it need to do?
I bought a lot of Sophia TX on Bit-Z with BTC a month ago.
Thank you for your reply
Hi, right now $SPHTX is an ERC20 token running over Ethereum network. In July (date to be defined) SophiaTX will launch its mainnet and this means a fully independent chain with its own tokens, and from there and forward you will need to exchange your ERC20 token for the new ones that will be created in the new chain, this period is called swap period. I don't know this yet but maybe some exchanges can manage the swap and in there you don't need to do anything just keeping the coins inside the exchange, but I prefer to have my tokens in my own wallet.
If you have more questions don't hesitate to ask.
Thank you very much gerb for this information.
So, my Sophia TX becomes ERC20 tokens without me doing anything?
Do you advise me to quickly put my chips in a wallet? If yes which?
I am a beginner and I do not know how to do it, can you advise me?
If I leave my chips on Bit-Z, is there a risk?
SophiaTX tokens right now are ERC20 this means you can stored it in any compatible wallet like Ledger Nano S, first I recommend you to learn more about it for example here: https://www.youtube.com/watch?v=MourbFL8PXU
Leaving tokens in a exchange is not the most recomendable thing to do, why? because exchanges can be hacked, also never login to your account in an open wifi (starbucks wifi spots, airport), use always 2FA authentication method, better to have it stored in an own wallet. Remember learn to store your tokens in a safe way first, youtube has many tutorials.
Just hold tide and enjoy the ride.
