Co-founder of BearTax
Congrats to those who participated in token sale. Once you’ve participated in a token sale, you will get tokens (allocate tokens) to your ethereum wallet with which you participate. Here in this article, I will explain with 0xProject token as an example. This can be any other ICO as far as the tokens issued are ERC20 standard like ZRX or KickICO or any other token.
So if you have participated in token sale of 0xproject, you would have got your ZRX tokens to Metamask, which can also be checked on MyEtherWallet aka MEW. So the question could also be “how to transfer these ERC20 tokens from MEW to Poloniex” (Taking Poloniex as example as it’s one of prominent exchanges listing ZRX at the time of writing).
Step by Step guide
Click on Deposit button in the last column of table against ZRX token (row). You should be able to see an Ethereum like address, which you need to copy to clipboard (Ctrl+C or Command+C).
Load Token Balancesand once it is done, click on
Show Tokenswhich will list all possible ERC20 tokens compatible with MyEtherWallet. Fortunately, ZRX starts with Z and will be easily available at the end when you scroll all the way down.
Amount to Sendwhich shows all possible Tokens you have balance for. Eg: ETH and ZRX as shown below. Select ZRX and continue to next step
Send Entire Balancequick link to populate with your ZRX balance.
address is pasted,
amount to send is populated and
ZRX is selected from dropdown. Gas value will automatically change to around 52000 and then click on Generate Transaction and then click on Send Transaction and that’s it — it gives you “Verify Transaction” button at the bottom or you can search etherscan.io using your poloniex address.
At least for me, being the very first time of transferring ERC tokens from MEW to Poloniex/Exchange, it was a panic moment to see them being shifted across multiple addresses
Fortunately, folks at 0xproject slack were helpful and Amir Bandeali suggested that above address could be of Poloniex pool and it turned out to be that, which helped me keep my calm as I wait to see it pending on Poloniex.
This 15 minute process of panic made me write this article to help others.
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