Swapping useless ERC20 Tokens - page 2.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Ss4sukE on June 15, 2019, 01:34:59 AM

You cannot do that, for example, you have a useless token / coin and it will also remain in your wallet list. in addition, if your coins are obtained through a fraud project, it will be very difficult to exchange them because no one will be interested in dead coins / useless coins.

it depends on your definition of dead/useless coins . some will say those terms even if the coin do still have a value but its value is not improving while others will define a useless coin if its not listed or does not have any market value , this coin are the ones that cant be swap/trade while those coins that have at least some small value are the ones that can still be swap or sell , i dont consider these coins useless at all .

Ss4sukE

jr. member

Activity: 406

Merit: 3

You cannot do that, for example, you have a useless token / coin and it will also remain in your wallet list. in addition, if your coins are obtained through a fraud project, it will be very difficult to exchange them because no one will be interested in dead coins / useless coins.

CryptoLogo

sr. member

Activity: 656

Merit: 251

www.fintropy.io

Forget about these tokens, but do not lose hope. Once I opened my second wallet, which stores my useless tokens, and found that 1 of the coins cost $150.

jcarlo

member

Activity: 798

Merit: 10

Quote from: Jpti on June 14, 2019, 11:11:48 PM

We can do nothing about discontinued projects or scam projects if you are talking about booking them for scamming people. Now the market is experiencing scamming and it is running openly. So how it can be dealt with is regulation. Our part is just to expose scam projects through various social media and make people aware.

Many ERC20 in my wallet are useless because the not active anymore. Nothing we can do with this useless token because if we burn it, we should use gas to send it. I am prefer let it useless in my wallet

ivan1975

legendary

Activity: 2940

Merit: 1169

You can always burn your useless ERC20 tokens, if their presence in the wallet is annoying.
Just send them to address: 0x000000000000000000000000000000000000dead

Jpti

member

Activity: 560

Merit: 10

We can do nothing about discontinued projects or scam projects if you are talking about booking them for scamming people. Now the market is experiencing scamming and it is running openly. So how it can be dealt with is regulation. Our part is just to expose scam projects through various social media and make people aware.

HK88

jr. member

Activity: 193

Merit: 3

as far as I know it can't be done. and the erc20 token that you have or may not be useful because it doesn't have a price, of course it will remain forever even though written spam will also remain in your wallet.

eagleman

hero member

Activity: 1190

Merit: 504

Quote from: BitcoinPanther on June 14, 2019, 05:05:08 AM

I can relate on this. I have bunch of worthless token on my stash, some were from bounty and some from an exchange where it loses its value overtime until it was delisted.

That's what happens when the token doesn't really worth something. Once the exchange finds out that there's no actual volume for that token, they will dispose it.

Quote from: BitcoinPanther on June 14, 2019, 05:05:08 AM

I think there is none but just lay it there, if your garbage token is too many I would follow what eagleman said, create another erc20 address for your valuable token.

There's no other choice unless Vitalik will do something for this.

Quote from: Nestade on June 14, 2019, 08:34:51 AM

I guess OP means selling them but obviously they're worthless is the project was discontinued or scam.
If he just wants to get rid of the tokens he can also just send them to another address but for me that wouldn't be worth the effort and tx-fee.

Selling them is useless, no market, no value, no buyer. Sending it to another wallet address is also a choice for him but I wouldn't spend gas with that.

Nestade

jr. member

Activity: 41

Merit: 793

inactive

Quote from: fallensky7 on June 14, 2019, 04:22:49 PM

The only thing you can do is create a new wallet and separate the tokens that are valuable in your opinion from the useless ones. You cannot delete tokens from the wallet, just transfer.

Well, many contracts even got a burn-function so you could indeed "delete" those tokens but there's no advantage over just transferring them to another wallet.

Quote from: bluesnup on June 14, 2019, 04:32:51 PM

Offer them in sites like these and head to Switchdex.ag add said coin and just link it so anyone can match the trade! Bunch of people just like to collect weird tokens and even better discontinued ones, don't give up you can still trade it for profit!

While it's kind of the buyer's own fault if he's buying useless tokens, I'd still call it asocial behavior selling useless crap to other people.

bluesnup

jr. member

Activity: 123

Merit: 1

Offer them in sites like these and head to Switchdex.ag add said coin and just link it so anyone can match the trade! Bunch of people just like to collect weird tokens and even better discontinued ones, don't give up you can still trade it for profit!

fallensky7

member

Activity: 350

Merit: 12

The only thing you can do is create a new wallet and separate the tokens that are valuable in your opinion from the useless ones. You cannot delete tokens from the wallet, just transfer.

Nestade

jr. member

Activity: 41

Merit: 793

inactive

Quote from: Little_king on June 14, 2019, 11:31:12 AM

You can swap them to better alts with better future instead of just holding the useless token and have a rest of mind , this is why bounty hunters do dump new alts to old and better ones cos no one can tell where it will be in view weeks or months .

Usually scam-tokens aren't listed on any exchange so you'd have to sell them on an (decentralized) exchange like forkdelta that doesn't require a listing in order to trade.
However obviously it's not very likely that someone will buy useless tokens issues by a discontinued/scam project.

Olatunjex

full member

Activity: 1064

Merit: 102

Quote from: netmillionaire on June 14, 2019, 04:57:08 AM

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

Wake up every morning and be staring at it, there is no meaningful thing you can do with it, no more developer the token is useless.
If you are going to be feeling bad seeing it in your wallet, send it back to the scam token smart contract.

Little_king

copper member

Activity: 224

Merit: 0

You can swap them to better alts with better future instead of just holding the useless token and have a rest of mind , this is why bounty hunters do dump new alts to old and better ones cos no one can tell where it will be in view weeks or months .

fvb

member

Activity: 1470

Merit: 13

Quote from: netmillionaire on June 14, 2019, 04:57:08 AM

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

The easiest option is to forget about them forever. Or, as you are advised, transfer them to a new wallet, if they bother you. I also have a lot of useless stuff, but I'm just not paying attention to it. I transfer promising coins to my main wallet and keep it there until better times.

delarossa

member

Activity: 392

Merit: 12

MINTER

Unfortunately, you cannot do anything for your useless token. I also have many of them and only can keep in my wallet. If swapping useless token feature is there in crypto world I guess we have to swap all.

Xclusive5

full member

Activity: 672

Merit: 100

Quote from: netmillionaire on June 14, 2019, 04:57:08 AM

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

A useless token cannot be swapped for anything because it is useless. Dont give yourself any stress over those tokens because they are useless and I doubt if they will be exchanged for anything in the future.

MisterLangley

member

Activity: 658

Merit: 10

Fraud is really a game that is very often present in roles that are run by several groups, so the tokens that have a price on the ERC20 will be easy to run or be played by other parties just to be used as a useful project

bittraffic

hero member

Activity: 3038

Merit: 617

Nothing that you can do but leave it on your wallet. I do have some in my wallet which I got from an airdrop but they were worthless. there is nothing to swap for these tokens, its all there. I could create another ETHer wallet but then again I would have to send few of my ETH to that new wallet again for its gas.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: netmillionaire on June 14, 2019, 04:57:08 AM

Is there anything one can do with useless ERC20 Tokens? For example, a discontinued project or a bunch of scam developers.

You are not the only one I have three wallets full of shitcoins and useless tokens, but I just let them in my wallet sometimes for unknown reason they get pumped I checked my wallets on ethplorer and sometimes these useless coins show some price all I got to do is trace where they are traded.

Topic: Swapping useless ERC20 Tokens - page 2. (Read 424 times)