So you purchased EOS on an exchange ? Why you need to register your Ethereum Wallet address at EOS.IO, prior to the 1 June 2018

A Basic Help Guide for inexperienced EOS Holders

EXPLANATORY INTRODUCTION:
After multiple requests on the Eos subreddit, I even have developed a fast Eos token registration user guide.

The reason I even have developed the user guide, is solely as a result of on the one Gregorian calendar month 2018, the Eos ERC-20 tokens (the ones you acquire on exchanges etc), are “fixed and non-transferable on the Ethereum blockchain”.

Here is that the official Eos.IO justification for registering your Eos tokens: “If you hold Eos Tokens in Associate in Nursing Ethereum account and fail to register your Ethereum address to your Eos public key, then your Eos Tokens might not be a part of a shot (as outlined below) a 3rd party may need to make once the Eos Tokens become mounted and non-transferable on the Ethereum blockchain. so as to be a part of such shot, it's vital that you just generate Associate in Nursing Eos public and personal key combine (see the “Generate Eos keys” button below) and register your Eos public key along with your Ethereum address before the Eos Tokens turning into mounted and non-transferable on the Ethereum blockchain which is able to occur among twenty three hours when the tip of the ultimate amount on Gregorian calendar month one, 2018 at 22:59:59 Greenwich Time.”

Currently the tokens you bought on exchanges square measure ERC-20 tokens on the Ethereum blockchain. i assume a fast analogy is also. Imagine your Eos ERC-20 tokens square measure all passengers on Associate in Nursing previous steam train (Ethereum Blockchain). they will presently get on and off (be listed on exchanges etc), and also the steam train is chugging away, up and down the road (Unless Cryptokittens square measure speed the previous train). but on one Gregorian calendar month 2018, the previous ERC-20 steam train are decommissioned and place. And on the one Gregorian calendar month 2018 a brand new electrical train (EOS blockchain and Eos blockchain tokens) can begin operation, on a brand new train line with a unique route gauge (size). the sole rule is, that before the one Gregorian calendar month 2018, all the ERC-20 passengers should have purchased tickets to the new electrical Eos train. If the passengers don't have tickets, they're going to be stuck aboard a place and unusable steam train. and also the solely thanks to purchase your new price tag is to “Register your Ethereum Address (ERC-20 garage)on the Eos.IO website”.

So what's Associate in Nursing Ethereum address?
An Ethereum Address is solely wherever you store your ERC-20 tokens. It’s your ERC-20 token garage.
What’s Associate in Nursing ERC-20 token?
The Ethereum token customary (ERC20) is employed for Ethereum good contracts. Developed in 2015, ERC-20 defines a typical list of rules that Associate in Nursing Ethereum token should implement. Giving developers the power to program however new tokens can operate among the Ethereum scheme. This token protocol became fashionable crowdfunding firms via Initial Coin providing (ICO). [Ref: Wikipedia]
So what will all this refer ERC-20 tokens mean?
Well as outlined in section (3) higher than, the ERC-20 tokens are “fixed and non-transferable on the Ethereum blockchain” on the one Gregorian calendar month 2018. this can be as a result of Eos are going stomach its own blockchain. therefore the ERC-20 Eos tokens are redundant.
Why register my Ethereum address, i'm still confused?
Well simply before the one Gregorian calendar month 2018, Eos can take a “snapshot” of all “Registered” Eos ERC-20 Ethereum Wallets (ERC-20 garages). The “snapshot” merely takes a note of the number of Eos tokens you hold in your Ethereum billfold (ERC-20 Garage). you may then be allotted constant quantity of Eos tokens on the new Eos blockchain.
Now presently the sole Ethereum Wallets (ERC-20 Garages) approved by Eos are:

MetaMask (Chrome browser addon); or
MyEtherWallet (no transfer needed).

The following wallets square measure famous to be incompatible wallets; this can be not an entire list. don't use any of the subsequent wallets to participate within the Eos Token distribution:

Any Bitcoin exchange
Any Ethereum exchange
Jaxx
Exodus
Coinbase
Poloniex
Kraken
Bitstamp
Bitfinex
Bittrex
Cex.io
Creating Associate in Nursing Ethereum Wallet — STEP BY STEP GUIDE :
1- first of all produce Associate in Nursing Ethereum billfold at https://www.myetherwallet.com/. Please remember of phishing sites, solely use the precise address provided here.

2- Here is that the official Guide:https://myetherwallet.github.io/knowledge-base/getting-started/creating-a-new-wallet-on-myetherwallet.html

3- Here may be a helpful Youtube video (

) for making a billfold on MyEtherWallet.

4- currently you wish to urge your billfold address so as to send cash from Binance, Bitfinex or the other exchanges. merely click on “View billfold Info”, enter your non-public Key or load your Keystore /JSON File etc.

5- currently copy your billfold address. it's placed beneath “Your Address”.

6- currently log into your exchange, for example Binance. And attend the withdrawals section. currently enter your MyEtherWallet address here (remember solely send atiny low quantity at the start, so as to verify the address you provided is correct. Then once you ensure the booming Eos token deposit in your MyEtherWallet, then transfer the remaining Eos tokens):

7- Once sent, you'll be able to then attend your MyEtherWallet address, your Eos tokens can seem within the tokens section. this could take your time betting on the Ethereum Blockchain daily congestion.

Registering your MyEtherWallet address with Eos.IO — STEP BY STEP GUIDE :
Step-1: Copy your MyEtherWallet address:

Step-2: attend https://eos.io/
Step-3: Scroll all the way down to “GET EOS”:

Step-4: Tick the boxes and click on “CONTINUE”:

Step-5: Scroll down and click on the orange “register”:

Step-6: Scroll down and click on on the “MyEtherWallet” icon:

Step-7: currently merely follow the directions provided on the web site to register your Ethereum address with Eos.IO:
Click on the ‘Generate Eos keys’ button below
GENERATE Eos KEYS (Do this on the Eos.IO website)
Backup your keys and keep them safe
Go to ‘Contracts’ in MyEtherWallet
Select ‘EOS — Contribution’ from the contract dropdown and click on ‘Access’
Select ‘Register’ from the operate dropdown
Enter your Eos public key within the ‘key’ field
Unlock your billfold
Click ‘Write’
Verify that ‘Amount’ is about to ‘0’
Click ‘Generate transaction’ to proceed
If you'd wish to verify your registration, you'll be able to use the ‘keys’ operate from the Eos Distribution Contract

Go to ‘Contracts’
Select ‘EOS — Contribution’ from the contract dropdown and click on ‘Access’
Select ‘keys’ from the operate dropdown
Enter your Ethereum public address within the ‘address’ field
Click ‘Read’

Your registered Eos public address are displayed within the ‘string’ field

THAT IS IT. YOU currently HAVE Associate in Nursing ERC-20 ETHEREUM billfold / ADDRESS AND you have got REGISTERED THE ADDRESS WITH Eos.IO. you're currently geared up FOR THE one Gregorian calendar month 2018 shot. AND YOU currently HAVE YOUR price tag FOR A RIDE ON THE NEW Eos electrical TRAIN.

REDDIT listing (I can update this daily or as necessary)
(1) - I can’t register my Eos tokens on Eos.IO, as a result of I even have a North American country information science address, and that i am within the USA ?

US voters aren't allowable to register their Ethereum address or contribute to the Eos ICO via Eos.IO. The official comment is:

• I even have detected of USA voters obtaining Eos tokens?

Yes this can be true, they need been getting them on Binance etc. additionally some USA voters purchase the on the Eos.IO web site victimisation VPNs (Virtual non-public Networks). but the official statement is explained higher than.
(3) - Can’t I simply leave my Eos tokens on the exchange on the thirty first might 2018 or the one Gregorian calendar month 2018?

NO. On the one Gregorian calendar month 2018, the Eos ERC-20 tokens (the ones you acquire on exchanges etc), are “fixed and non-transferable on the Ethereum blockchain”.
(4) - What Ethereum wallets square measure compatible with Eos tokens?

Just MyEtherWallet and MetaMask
(5) -Can’t I simply leave my Eos tokens on the exchange for the shot, as that worked with IOTA simply fine?

At the stage the solution may be a definite NO. If you wish a reference, here it is: Please browse Section-13 of the Eos.IO FAQ.
(6) -Do i want to send all my Eos tokens to my Eos Ethereum billfold address now?

No you don’t. you'll be able to trade them, or leave them on exchanges. however PLEASE bear in mind to own them in your registered Ethereum billfold before the “snapshot” in 2018.

"PLEASE UPVOTE IN ORDER TO INCREASE EOS COMMUNITY AWARENESS" and thank you.

this post was taken from old account of my mate fb =peter velencic aka https://steemit.com/eos/@eos-helpguide/so-you-purchased-eos-on-an-exchange-why-you-need-to-register-your-ethereum-wallet-address-at-eos-io-prior-to-the-1-june-2018

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