How to participate Ethereum token crowdsale and which wallets are compatible?

Instructions for participating Ethereum token crowdsales

To participate to an Ethereum token sale you need a wallet that is smart contract compatible.

DO NOT PARTICIPATE TO TOKEN SALES DIRECTLY FROM ANY CRYPTOCURRENCY EXCHANGES. YOU NEED A TOKEN COMPATIBLE ETHEREUM WALLET. For the list of compatible wallets please see below.

Participating the token sale

  1. Buy ethers in a cryptocurrency exchange
  2. Transfer ether to a compatible wallte (see below)
  3. Send a deposit to token sale address with correct data and gas limit values

Quick instructions

Compatible wallets

The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):

Please contact us info@tokenmarket.net if you have updates to the token compatible wallet list.

Incompatible wallets

Do not use the following wallets to participate any token sale. First move your ETH to a compatible wallet in the above list:

  • Any Bitcoin exchange
  • Any Ethereum exchange
  • Jaxx
  • Exodus
  • Coinbase
  • Poloniex
  • Kraken
  • Bitstamp
  • Bitfinex
  • Bitrexx
  • Cex.io
  • Coinomi

If you know any other wallets that are known to behave correctly with Ethereum ERC-20 tokens please contact us at info@tokenmarket.net.

MyEtherWallet: Example how to participate to a token sale

To participate an Ethereum token sale you need to fill your transaction with following details

  • Address - this is given you on the crowdsalse deposit page.

  • Data - this is your personal reference number and it changes for every transaction. Do not share this with others. If you leave data field out your transaction is rejected. You need to click Advanced options to see this.

  • Gas limit: 250600 - gas tells that this is a smart contract transaction and is more expensive than normal Ether transfer. Note: Double check your the gas limit field value after filling Data field. MyEtherWallet may reset the gas value to an invalid number after inputting the data field.

  • Amount Fill in the Amount how many Ethers you wish to send, usually in a range 0.01 - 1000 ETH

Parity: Example how to participate to a token sale

To participate an Ethereum token sale you need do a new transaction.

In the Recipient address fill in the token sale smart contract address. Then check Advanced options checkbox. Fill in the Amount how many Ethers you wish to send, usually in a range 0.01 - 1000 ETH.

  • Transaction data - this is your personal reference number and it changes for every transaction. Do not share this with others. If you leave data field out your transaction is rejected. You need to click Advanced options to see this.

  • Gas: 250600 - gas limit vlue tells that this is a smart contract transaction and is more expensive than normal Ether transfer.

Troubleshooting

Incorrect gas limit

If you set gas limit value too low your transaction is rejected and automatically refunded. The transaction might not appear in the blockchain explorer.

No data field set

If you forget to set a correct data field vaue for your transaction your transaction is rejected and automatically refunded. The transaction appears in the blockchain explorer with error code like invalid jump.

Sending transaction too early

If the token sale has a specific start time and you send your transaction too early it is rejected.