Moving from erc20 tokens to Bitcoin - page 2.

michellee

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

First, you need to search where are the exchanges for that token as many members said, then you can sell it for the exchange to ethereum. And then send the ethereum to one of the other exchange like binance, bittrex, or else. And when you sell your ethereum in that exchange, you will get the bitcoin, and you know what you need to do next.

SyndicateLabs

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

If your token is listed at the exchange, you should move it there and sell it. You can then use that money to buy Bitcoin. But honestly I don't know the token you are referring to and it doesn't seem to be listed at any exchange

rdewilde

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Since the project can't be found on coinmarketcap then it might be hard finding where it is listed, thus your best move is to check the Telegram group and ask questions about trading, if it's listed on any exchange you will be informed. Okay, let's assume it's listed on an exchange, then you will have to register with the exchange, get the token deposit address, deposit it, wait for confirmation and once it's confirmed, sell to the listed pair. Listed pair in this case, varies, in some exchanges it might be against USDT, ETH, BTC or all of the 3. Also, if it is on a pair other than BTC, you can first sell to the trading pair then buy BTC afterwards.

bittraffic

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If its listed on tkex.me then sell it. It seem like your plan when you created this thread. Its not a well known exchange but if you can extract BTC form the TRKC you have then good. This TKEX looks like a weird exchange, if there is another on which listed TRKC, its your best take than this tkex but you have no choice. ERC tokens are always going to be have a place in ether and forkdelta but its not there either.

Rodeo02

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Yes you need to sell that token and exchange it to btc. But first you need to look where this token can be trade . If there are no available market for that tokens then you cant sell this tokens .

If this tokens available in dex then you need to convert to eth first and you need to use other exchange to convert eth to btc.

Pffrt

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Quote from: MUG1WARA on April 08, 2020, 02:34:54 AM

Quote from: T Mason on April 08, 2020, 01:09:30 AM

TRKC (Trakcoin) is on the TKEX Exchange. I would love to turn it into Ethereum . . and buy Bitcoin . . or other coins/tokens. I am simply a newbie . . and don't know the best path to do this. If there are no buyers for Trakcoin . . well, it is what it is.

What exchange is that? I have never heard of that exchange before, if indeed it now has a good price and gives enough money then sell the token to buy bitcoin

Same here. Never heard about that exchange, not evej about this coin although I have a good hand in altcoin market.
If it is listed in the exchange you said above, place a sell order if there are buyers, if not, forget about selling this. Can you share how you got this coin?

Free1bitco.in

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Quote from: semobo on April 07, 2020, 07:52:47 PM

Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Its TRUCKcoin and its a dead project for very long time so you can't do anything with that token, all you can do is just burn the useless tokens by sending it to an unknown ethereum address. Grin

maybe he can sell it on forkdelta, maybe there are still some people who want to buy these tokens just to be collected.
Well, for whatever, if the token has died, and no exchange has been received, then you can't make it into bitcoin. other than that, if you still have another ERC20 token, and you don't have much potential, you should sell right away, if you can't in the form of bitcoin, then choose ethereum

MUG1WARA

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Quote from: T Mason on April 08, 2020, 01:09:30 AM

TRKC (Trakcoin) is on the TKEX Exchange. I would love to turn it into Ethereum . . and buy Bitcoin . . or other coins/tokens. I am simply a newbie . . and don't know the best path to do this. If there are no buyers for Trakcoin . . well, it is what it is.

What exchange is that? I have never heard of that exchange before, if indeed it now has a good price and gives enough money then sell the token to buy bitcoin

T Mason

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Quote from: ZaraCB on April 07, 2020, 08:34:53 PM

What is the Symbol of your token? TRKC or TRK. And is it Trakcoin or TRUCKcoin?

https://i.imgur.com/W6alCWc.png
https://i.imgur.com/FMwAOyF.png

Which one of the logo of your token from above?

I make a search TRKC in CMC , Coinpaprika and CoinGecko. But I don't find any token.

There is no exchange for your token. Its delisted from all exchange or never listed in an exchange.

https://i.imgur.com/QiyTcUC.jpg

You can find more info about your token here.

Quote from: semobo on April 07, 2020, 07:52:47 PM

all you can do is just burn the useless tokens by sending it to an unknown ethereum address. Grin

Why he sent his tokens to an unknown address by costing some transaction fee?

My suggestion is you can completely forget about your TRKC tokens.

It is Trakcoin (TRKC) . . on the TKEX Exchange. TRKC Trakcoin was created in 2018 . . as is associated with a music production company.

T Mason

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Quote from: CryptopreneurBrainboss on April 07, 2020, 11:54:10 PM

Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Considering there are no wallet or service provider that offers the option to swap your named ERC20 tokens directly to bitcoin, you'll have to sell your ERC20 token first on an exchange that it's listed on either directly to Bitcoin or any other available cryptocurrency trading option like USDT or ethereum, etc. After selling you then proceed to buying bitcoin.

Your choice of words (reinvest) give me any idea, you bought the tokens with your bitcoin and since it's an ERC20 token I'll guess it has to be from an exchange considering most project carrying out ICO built on ethereum network mostly accepted ethereum as funds used for their crowdfunding. If the exchange you bought the token from still has it listed, you can proceed to trading the tokens to bitcoin on the exchange or any other available trading pair that can be easily sold to bitcoin.

TRKC (Trakcoin) is on the TKEX Exchange. I want to turn it into Ethereum . . then buy Bitcoin or other. If there are no buyers for Trakcoin . . I am probably stuck. Newbie . . . actually need personal tutorial on the TKEX Exchange

T Mason

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Quote from: yohananaomi on April 07, 2020, 08:44:02 PM

Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

I tried to look at https://coinmarketcap.com/ and https://www.coingecko.com/id, it looks like TRKC no longer exists and cannot be traded. maybe you are late, when you get it, you don't sell it directly according to the given reference. I also try to look at forkdelta who usually still like to have a transaction, not also seen.

At https://ethplorer.io it has been distributed to many participants, but can it be sold?

TRKC (Trakcoin) is on the TKEX Exchange. I would love to turn it into Ethereum . . then buy Bitcoin or other. If there are no buyers for Trakcoin . . well, it is what it is. Brand new to all this . . . actually need personal tutorial on the TKEX Exchange.

T Mason

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Quote from: Little Mouse on April 07, 2020, 07:43:57 PM

can't see Trakcoin listed anywhere, I mean no exchange for this coin then how will you sell? However, if you have a way, you have to sell your trakcoin for BTC. Nothing else you have to do.
But if you can't sell for BTC, just sell it for any other coin like ETH, LTC and convert them to BTC.

TRKC (Trakcoin) is on the TKEX Exchange. I would love to turn it into Ethereum . . and buy Bitcoin . . or other coins/tokens. I am simply a newbie . . and don't know the best path to do this. If there are no buyers for Trakcoin . . well, it is what it is.

CryptopreneurBrainboss

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Considering there are no wallet or service provider that offers the option to swap your named ERC20 tokens directly to bitcoin, you'll have to sell your ERC20 token first on an exchange that it's listed on either directly to Bitcoin or any other available cryptocurrency trading option like USDT or ethereum, etc. After selling you then proceed to buying bitcoin.

Your choice of words (reinvest) give me any idea, you bought the tokens with your bitcoin and since it's an ERC20 token I'll guess it has to be from an exchange considering most project carrying out ICO built on ethereum network mostly accepted ethereum as funds used for their crowdfunding. If the exchange you bought the token from still has it listed, you can proceed to trading the tokens to bitcoin on the exchange or any other available trading pair that can be easily sold to bitcoin.

shakerbitcoin

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Re: moving from erc20 tokens to Bitcoin, simply just buy bitcoin and convert your erc20 token instead.

The problem though would be the options that are available on the exchange that you're using, on whether it's available or not to trade with and accept your alt coin, of course.

jossiel

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I can't find that on CMC respective to the coin that you have mentioned, op. There's no such that exists there so if you can answer the most questions here and give us clarity, we can give you some suggestions accordingly.

Is that even listed on any exchange because it seems not because if it does, you'll not ask for it how to convert it to bitcoin.

semobo

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Quote from: ZaraCB on April 07, 2020, 08:34:53 PM

Quote from: semobo on April 07, 2020, 07:52:47 PM

all you can do is just burn the useless tokens by sending it to an unknown ethereum address. Grin

Why he sent his tokens to an unknown address by costing some transaction fee?
My suggestion is you can completely forget about your TRKC tokens.

If he don't want to have that token on his wallet then he may do it but it will cost a fee for him and he is not going to get anything in return by doing this.

yohananaomi

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

I tried to look at https://coinmarketcap.com/ and https://www.coingecko.com/id, it looks like TRKC no longer exists and cannot be traded. maybe you are late, when you get it, you don't sell it directly according to the given reference. I also try to look at forkdelta who usually still like to have a transaction, not also seen.

At https://ethplorer.io it has been distributed to many participants, but can it be sold?

ZaraCB

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What is the Symbol of your token? TRKC or TRK. And is it Trakcoin or TRUCKcoin?

Which one of the logo of your token from above?

I make a search TRKC in CMC , Coinpaprika and CoinGecko. But I don't find any token.

There is no exchange for your token. Its delisted from all exchange or never listed in an exchange.

You can find more info about your token here.

Quote from: semobo on April 07, 2020, 07:52:47 PM

all you can do is just burn the useless tokens by sending it to an unknown ethereum address. Grin

Why he sent his tokens to an unknown address by costing some transaction fee?
My suggestion is you can completely forget about your TRKC tokens.

semobo

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Quote from: T Mason on April 07, 2020, 06:09:06 PM

I have an erc20 token (TRKC-Trakcoin) . . and want to reinvest in Bitcoin . . . do I have to sell the Trakcoin tokens first. What's the path . . Obvious novice here.

Its TRUCKcoin and its a dead project for very long time so you can't do anything with that token, all you can do is just burn the useless tokens by sending it to an unknown ethereum address. Grin

Little Mouse

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can't see Trakcoin listed anywhere, I mean no exchange for this coin then how will you sell? However, if you have a way, you have to sell your trakcoin for BTC. Nothing else you have to do.
But if you can't sell for BTC, just sell it for any other coin like ETH, LTC and convert them to BTC.

Topic: Moving from erc20 tokens to Bitcoin - page 2. (Read 451 times)