thanks for this information - so i assume if i choose option b that i dont have to register - is this a disadvantage ?
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thanks for this information - so i assume if i choose option b that i dont have to register - is this a disadvantage ?
Option b) is literally buying from an exchange that has the ERC20 token for EOS listed. No need to involve yourself with the blind auction distribution at all. The potential advantage with the distribution lies in the possibility that you may get a better price per token than the market is offering. But equally, it could go the other way. There may be some security advantages in leaving your ERC20 token for EOS within the distribution app.
i really appreciate your advice
My pleasure
ok i sent a small amount of bitcoin to bitfinex and am now waiting for it to show up --looking at the pairs and it shows EOS/BTC instead of what you wrote ERC20EOS just making sure i am doing it right for optionb ? Should i be seeing it showing BTC/ERC20EOS instead of what is shows on my bitfinex screen. I am still waiting for the bitcoin transfer to be completed so plenty of time to change things --thanks again for your help -David
EOS/BTC is correct for bitfinex - technically it's not EOS as EOS does not exist yet. Bitfinex is using EOS to represent the ERC20 Ethereum token for EOS. :)
excellent - i will soon own a few and that is thanks to your step by step guidance , i have been waiting to buy a small amount and hold -so i appreciate your help.
In that case, it's already been a very worthwhile post! Fantastic.