How to Participate in ServAdvisor PreICO. Step 1. Create your Ethereum Wallet

5 min readSep 6, 2018

First of all you will need to set up your Ethereum wallet. There are many tools and apps for that out there. But not all of them support new ERC-20 tokens, and you will need those.

We recommend using one of the following:

● MetaMask

● Ethereum Mist Wallet

● Ethereum’s online wallet

● MyEtherWallet

Although you can use any of these four, in this article we will use MetaMask and MyEtherWallet as examples.

1.1 How To Set Up Your MetaMask ERC20 Wallet

Please watch the video how MetaMask works.

MetaMask is an application that allows users to access a secure Ethereum ERC20 compatible wallet directly from their browser.

Participants in the ServAdvisor Token Sale need to send their contribution from a non-exchange ERC20 compatible wallet — MetaMask is one of these.

1) Download the plugin

In order to install MetaMask visit the Chrome web store: https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn

Click “ADD TO CHROME” and agree to add the MetaMask extension into your Chrome browser.

2) Activate the plugin

When the Chrome extension is installed you’ll see the MetaMask (fox) icon in the top right corner of your Chrome window. Click the MetaMask icon, “accept” the privacy agreement and the Terms and Conditions.

3) Create your account

Now you need to create a password for your MetaMask account — this is what you’ll use on a daily basis to log into it.

Ideally, the password you choose will be 8-characters or longer and include numbers, capitals, small letters, and symbols. Try and avoid using anything that may be easy-to-guess. Once you have entered and confirmed your password click “create”.

4) Save your seed words

MetaMask will now provide you with a list of “seed words”. Seed words are also known as a Recovery Phrase. You’ll use this random list of words if you lose your password and need to recover your funds and wallet.

It is highly recommended that you write these words down and keep them in a safe place or save the seed words as a file and then password protect it.

Many people skip this process and end up losing access to their wallet entirely.

Ideally keep multiple copies of your seed words in different places. It’s not advisable to take pictures of your seed words or make digital copies of them.

You should not store them in your email, cloud storage, or your phone’s photo library as if you are hacked you could lose your wallet and funds. If you must keep them in email or cloud storage make sure they are encrypted with at least an 8 character complex password.

5) Congratulations!

Once you’ve confirmed your seed words are saved securely your wallet is ready! You are now able to send Ethereum to your MetaMask wallet and are one step closer to participating in the ServAdvisorToken Sale.

1.2 How To Set Up MyEtherWallet

Visit www.myetherwallet.com. The first thing you see is Create New Wallet.

Come up with a strong password, fill in the form, make sure to remember it by heart, and then press ‘Create New Wallet’.

Now, save your Keystore File. Click ‘Download Keystore File’ and save the file somewhere on your computer or on a thumb drive for extra security. After you have saved the file (triple-check this!), go ahead and click the Continue button.

On the next screen you will see your Private Key, it’s a string of symbols. Make sure you write down or print your Private Key in order to create a Paper Wallet. Remember, there’s no way to remind you of your password or Private Key, the technology simply doesn’t allow that! If it’s lost, it’s lost forever! So, please take all of the warnings you will see on those pages seriously.

Proceed to next screen.

As you can see, there are many ways of accessing your wallet, but for clarity’s sake we’ll stick with the Private Key option. Simply paste or type in your private key, then click ‘Unlock’.

Another option is to use the keystore file you saved on your computer earlier, then enter your password and then you’ll be able to click ‘Unlock’.

Now you have full access to your Ethereum Wallet and that’s it! It was simple, right? If you want to access your wallet again, go to www.myetherwallet.comand click on ‘View Wallet Info’ in the top right corner.