How To Setup A ERC-20 Compatible Wallet.

If you need an ERC wallet this is the easiest to get set up…https://www.myetherwallet.com/ and here is a video that shows you how to setup your wallet for New TOKENS like Steemish.

Things You Will Need To Set Up Your Wallet:
You will need to send a small amount of ethereum to your wallet address if you do not have any. $20 bucks of Ethereum will help you make trades down the road. Your New Ethereum Wallet Address Will Start With 0X. You can send Ethereum or ERC 20 tokens built on Ethereum to this new address. You can use Changelly loactaed at the bottom of most pages on SteemThat.com or your favorite place to purchase crypto.

Ethereum is not required but highly recommended to have some in your wallet. Ethereum does require you to pay fees to transfer the funds between members. These fees are referred to as gas fees as if their miners use gas fuel to do the mining or verification of the tokens!

To set-up your wallet for Any ERC20 You Will Need A Few Things For The Custom Tokens Area:

Steemish Contract Address From Etherscan: 0xE743b591A9fbF593Ff2214c4B3B7c9Bf1122431A

You will need the name of the Crypto: Steemish

You Will Need The Decimals: 0

Once setup you should be able to see that your tokens are in your wallet. The way I look at is in my real world wallet I usually had two slots for bills. One I used for small bills like 1,5,10 and then the other I put 20,50, 100. It helped me to organize my funds. If you want to see the original contract no problems: See Full Contract Here (https://etherscan.io/address/E743b591A9fbF593Ff2214c4B3B7c9Bf1122431A)

Wondering Why We Made Whole Numbers… Mainly to avoid a million micro transactions that would bleed us dry from all of the fees. Plus after the 4 year mark or sooner if the community wants to vote on it we can do a hardfork and it is easier to handle this with whole tokens than with smaller portions in my opinion. We are building for the future.

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Comments

rial

Thanks Brother....

7 months ago
zahwa

Hi Eric Binkley I hope I can learn more everything about SteemThat from your post. Thank you for sharing useful content

7 months ago
thedawn

good informative post

6 months ago