A step-by-step guide on how to become a BAILS token holder

Bailsman
3 min readMay 21, 2018

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Bailsman has launched the Token Pre-Sale on May 16.

The tokens are called BAILS tokens. They are EIP-20 standard-based utility tokens that can be used inside the Bailsman platform.

Becoming a BAILS token holder only needs to go through a quick and easy purchase process.

Following guide will describe in few simple steps how to do this:

Step 1. Account registration

  1. Go to the https://tokensale.bailsman.co and click on a Sign Up button.

2. Enter your email, choose a password and enter it again for confirmation (don’t forget to read and agree with the Token Sale Terms).

3. A letter of confirmation will be sent to your email. Click on a button “Confirm My Account” to finish registration.

4. Now you have an account on the Bailsman’s token purchasing platform. Are you ready to buy some BAILS tokens? Let’s move on!

Step 2. Your BAILS tokens purchase

  1. The calculator is provided for your convenience to better plan your BAILS tokens purchase.

You can enter a number of BAILS tokens you want to buy and calculate the amount of chosen currency that you require to have on your wallet.

Please note that the final amount of BAILS tokens depends on exchange rate of the currency you have chosen for the purchase.

2. Make a deposit

Select the cryptocurrency in which you would like to purchase the BAILS tokens. You can choose Bitcoin, Bitcoin Cash, Ethereum or Litecoin.

The funds will appear in your account wallets only after your cryptocurrency transaction gets 6 confirmations. You will receive an email about the successful deposit.

Scan the QR code or copy the payment address.

3. Enter the amount of tokens that you wanted to purchase (or use “Spend all funds” button in your account), check total price and click “Buy now” button. Now you have BAILS tokens!

Step 3. Set your wallet for withdrawal

  1. Click on the ‘Set wallet for withdrawal’ on the right-side menu.
  2. Enter your email and ETH wallet. Please, make sure, that your wallet supports ERC-20.

You can withdraw BAILS tokens to your wallet or keep them for some time on your Bailsman account. The withdrawal process is automated, but you will need to push the button to confirm the transfer.

Within 10 days, after the token sale ends, BAILS tokens will be distributed to wallets. Withdrawal to wallets will be possible if user passes KYC procedure.

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Bailsman

Bailsman offers quick and easy guarantee for clients who don't have the required sum or simply prefer to spend it on something else. — https://bailsman.co/