Topic: How to convert your tokens into ether in myetherwallet.com - page 2. (Read 1326 times)
this is an interesting question, how about MEW developing such internal possibility ?
Myetherwallet is a wallet that holds ETHs and ERC20 tokens, and you can only transfer tokens from the mew address to another mew address, not convert the tokens you have in your wallet into ETH. Want to convert so you have to transfer to exchange for sale to ETH or BTC.
The only way to convert your token is etherdelta exchange. They are the biggest exchange in the tokens market and most of the ETH tokens are listed there. However, to use Etherdelta, you need to use your private key first to export your ETH wallet to them. Then only it will be open for your use. So there's a security risk associated with it. So if you are holding some serious amounts of ETH along with other token, my recommendation will be, first transfer your ETH to some other wallet and then use the private key to export the wallet to Etherdelta. Sell off your tokens for ETH and move the funds to another safe wallet.
Thank you for the wonderful info, this is really good to all newbies like me, because I never had yet any transaction to my ETH.
I do not understand where the op guy has been got this idea mate. I am not whether that guy have the beginner knowledge to use the myetherwallet or not. If he was read the popped up details while tried to sign up means itself he may know answer bro.
Instead of that he created a shit query thread and make others to spam on his own thread mate.
No option to change the tokens into ether. Only you need to ether to send or receive the tokens thats it.
Instead of that he created a shit query thread and make others to spam on his own thread mate.
No option to change the tokens into ether. Only you need to ether to send or receive the tokens thats it.
I do not think, will be able to convert coin in myetherwallet, unless the coin has entered a large market. then the coin will be converted itself into a matter of USD
It is impossible to convert them straight to ether myetherwallet. Let me explain why:
First an the main reason, that myetherwallet is wallet (it is not a converter, exchange etc)
so its main features are storing your assets, sending your assets
Hope that helps))
First an the main reason, that myetherwallet is wallet (it is not a converter, exchange etc)
so its main features are storing your assets, sending your assets
Hope that helps))
You can't convert all tokens inside MEW since you need to transfer it to exchange to sell it and convert to ETH or any other coins that you may use to gas your ETH or coins to keep on your wallet.
Perhaps it is best to make it clear that tokens, coins and any other digital asset cannot be converted, not literally speaking anyway. Any platform or service that allows you to convert is actually just doing the conversion internally (that is, the balances they show you are accounting figures on their own database).
Exchanging is what actually happens - you sell your ERC20 tokens, and receive Ether. The process is called exchanging, which is why exchange platforms are called such (you're exchanging tokens for Ether/ETH).
MyEtherWallet is simply a wallet. Practically, wallets are how you to "store" your funds, although that itself isn't really true as all assets are stored on the blockchain. You use MEW to view your owned assets, and use it to control your funds via your private keys.
Exchanging is what actually happens - you sell your ERC20 tokens, and receive Ether. The process is called exchanging, which is why exchange platforms are called such (you're exchanging tokens for Ether/ETH).
MyEtherWallet is simply a wallet. Practically, wallets are how you to "store" your funds, although that itself isn't really true as all assets are stored on the blockchain. You use MEW to view your owned assets, and use it to control your funds via your private keys.
I think that in myetherwallet can not lower the coin it is just where we save. I usually exchange my coins in the market like forkdeltha or other exchange that can be used to exchange the usual coin to eth. or btc. for the exchange idr for me more easily in exchange.
According to the experience, it is impossible to convert directly into MEW. We have to move the coin to concerned exchange in order to exchange them Ethereum, at the same time you need to find the exchange in which the coin is listed for converting.
This will be helpful to newbies.
Its simple, just find the exchange where your token is listed and connect your Myetherewallet to exchange site using metamask then sell you coins and you can receive ethereum if your coins sold. so that time your token is converting to eth in that process.
You cant convert tokens into ether inside myetherwallet , you need to move those tokens first to any exchange . if you dont know which exchange listed them then move to etherdelta or forkdelta with token contract address , or better to ask team info about exchanges .
normally ERC tokens are available on etherdelta / forkdelta / idex / token store type exchanges . you can also search on coinmarketcap , there if token is listed then you can see exchanges where it is listed .
normally ERC tokens are available on etherdelta / forkdelta / idex / token store type exchanges . you can also search on coinmarketcap , there if token is listed then you can see exchanges where it is listed .
You can only convert your tokens using an exchange like etherdelta if the coin is already lsted there.
Usually all exchanges have same procedure like you get a recieving address for particular coin and then send your tokens to it from myetherwallet, once your tokens are displayed in exchange wallet, then you are free to exchange them
Usually all exchanges have same procedure like you get a recieving address for particular coin and then send your tokens to it from myetherwallet, once your tokens are displayed in exchange wallet, then you are free to exchange them
is very difficult but I think that can be possible of converting your token from myetherwallet to Ethereum. the only I can only do is that I can change your token in any exchange form there you can send to your eth wallet and then serves as ethe to you wallet.
I think no one can fund this. There are many ERC 20 tokens. One of them is junk. The easiest way is to put them on decentralized trading platforms like etherdelta, idex. but be careful. It asks for your private key. You can use metamask or transfer valuables in your wallet to a safe place
you must transfer your tokens to an exchange where your token is listed. You need to enter private key, make sure you visit official url so that you will not be scammed 
You should go to a crypto exchange. Apart from popular EtherDelta and IDEX, I would recommend Token.Store it's smaller, but also decentralized, very easy to use and has cheap fees.
Hi ,
anybody can guide how to do it .
Thanks
anybody can guide how to do it .
Thanks
This will be helpful to newbies.
sell your tokens into ethereum then transfer the eth in your MEW account. You cant sell your tokens as long as theres no exchange that accepts it. But today every coin will be listed on etherdelta first but thier bid is too low. The only way to convert your token is etherdelta exchange. They are the biggest exchange in the tokens market and most of the ETH tokens are listed there. However, to use Etherdelta, you need to use your private key first to export your ETH wallet to them. Then only it will be open for your use. So there's a security risk associated with it. So if you are holding some serious amounts of ETH along with other token, my recommendation will be, first transfer your ETH to some other wallet and then use the private key to export the wallet to Etherdelta. Sell off your tokens for ETH and move the funds to another safe wallet.
Quote
The only way to convert your token is etherdelta exchange
no, etherdelta is not the only exchange for token. there were also many exchanges out there like hitbtc, poloniex ,bittrex ,etc. that you can use to be able to exchange your tokens and coins. however etherdelta is the first exchange that tokens will be listed.Quote
However, to use Etherdelta, you need to use your private key first to export your ETH wallet to them
you can also you metamask if you dont want to input your private keys directly on etherdelta by doing these you can also save your self from any other exploits like hacking or phising attempts. Quote
Re: How to convert your tokens into ether in myetherwallet.com
you cant convert your tokens directly on myetherwallet rather you need to transfer it first on to some online exchange site like etherdelta. to be able to trade or sell it and then you should withdraw it again back to your myetherwallet to be able to withdraw your converted coins and tokens. Jump to: