Our contributors will soon be able to withdraw the tokens they purchased during our ICO. In this short guide, we aim to make it as easy as possible to transfer the tokens from your dashboard into your private wallet.
When Will the Tokens Be Released?
We have sent all invites to complete KYC to eligible contributors, and our tokens will be released on 28 December 2017. This gives everybody a chance to complete the account verification before the year ends.
‼️ Please note that only verified accounts can withdraw the tokens purchased during the ICO.
What Wallet Can I Use to Store My Tokens?
You will need a wallet that can handle custom ERC20 tokens like EOS, OmiseGo, etc. We can confirm that you can add custom tokens to the following wallets:
- MyEtherWallet (Web)
- MetaMask (Browser)
- Parity (Desktop)
- Mist (Desktop)
- Ledger Nano S / Ledger Blue (Hardware)
- Trezor (Hardware)
You can withdraw directly to the exchanges if you prefer and if they allow deposits of our token (UTK). You can also leave your tokens in your dashboard until you decide to collect them at a later stage if you feel more comfortable with that. We do recommend you to withdraw to your private wallet as soon as possible though.
How to Withdraw Your UTRUST Tokens?
Let us start by stating that there is no recovery of funds if you make any mistakes while sending cryptocurrency funds. Nobody — not even UTRUST— will be able to recover them if you send them to a wallet you do not control!
In our example, we will use MyEtherWallet, but you can use any of the above.
1. Create a New Wallet (Optional)
If you already have your own private wallet, you can skip this step. Otherwise, go to MyEtherWallet.com. Now choose a password that you will never forget, but cannot be guessed either. There is no way to recover your password or funds if you lose it so please take this seriously.
‼️ It is essential that you save this Keystore file. It acts as the key to your wallet and losing it will result in the loss of all funds.
If you can, print out the private key for your wallet as you may need it in the future. This is optional as you can retrieve your private key through your Keystore at a later stage.
Before you see wallet address, you need to verify all the steps we have gone through just now.
- Select “Keystore / JSON file” from the list on the left.
- Browse for your Keystore file that you saved earlier.
- Enter the password you chose when creating the wallet.
- Unlock your wallet with the blue button on the right.
If you have done everything correctly, the next screen will show you your new public wallet address which you will need to receive your UTRUST tokens. If you receive an error of any kind, please start again and repeat until you fully understood this process. ⚠️
2. Enter Your Ethereum Wallet Address
Once you are done with the first step, or if you already have access to a suitable wallet address, continue to log into your dashboard at utrust.io. If your account was successfully verified you will see an option to enter your Ethereum address to which we will send your UTRUST tokens once they are released.
Please note that this is your PUBLIC ADDRESS, starting with “0x”.
We will send you an email when your tokens are ready to be withdrawn!
3. How Do I See the Tokens in My Wallet?
In the beginning, most wallets will not immediately support our token by default. You will need a smart contract address and the number of decimals to add them to wallets such as MyEtherWallet as a “Custom Token”.
While in your personal wallet, press the “Add Custom Token” button. You will then need to enter the following values:
- Token Contract Address
0x70a72833d6bf7f508c8224ce59ea1ef3d0ea3a38 - Token Symbol
UTK - Decimals
18
Once you have received your tokens and you added the custom tokens, you will be able to see and transact with them anytime you would like.
We hope this helps, but if you have any questions, please don’t hesitate to stop by our Telegram as we are happy to help.
All the best,
Your UTRUST Team
