To celebrate the share drops of IDEA tokens yesterday to MBRS token holders, I have written a short step-by-step guide for transferring ERC20 compatible tokens like MBRS using MyEtherWallet.com on the Metamask platform.
The reason for this tutorial is because right now Metamask does not allow you to send your ERC20 tokens to another account. You can only send your ether but no other coins. That would be okay if you don't need access to your tokens for a year or longer because by then, presumably, Metamask or another competing service would make it much easier to do so.. However, if you are trying to make the network stronger through wider distribution, this can be a hindrance and real pain. To help spread the joy and profit of crypto, follow these instructions to transfer your ERC20 compatible token to any Ethereum address using your existing Metamask wallet.
--> First of all, as you probably know, ether (ETH) is fuel for all tokens using the ethereum platform so you will need some ETH to do any transfers. I use Coinbase.com. They can be slow but they are reputable and is a good choice especially if you are in the US: https://www.coinbase.com/join
****Always make sure that you are accessing the website you intend to and that the SECURE is present. Make sure that you are on the correct webpage before you put in any credentials!****
--> After you have some ETH - Download METAMask.
There is a tutorial for that already so I will just repost the article here: http://www.tokenverse.com/tutorial/how-to-download-and-set-up-metamask-and-add-mbrs-to-your-wallet/
Also if you're interested in using your Metamask wallet to trade directly with other people using smart contracts instead of an exchange, I would recommend: http://www.tokenverse.com/tutorial/how-to-download-and-set-up-metamask-and-add-mbrs-to-your-wallet/
--> Okay, now that you have meta mask - go to: MyEtherWallet.com
As you can see, so long as you have an Ether address, you can sync it with your MyEtherWallet. For our purpose here we will be using Metamask
Make sure you are logged into the Metamask account you want to access. When you are on this screen - do not change switch your metamask account or your transaction will not go through.
****My ETH ADDRESS: 0xFd42a74c77bCF5fd8BB4C4c52CB201B987F975C7
From there you can send your ether to other people as you would on your Metamask. Now if not all your ERC20 coins are listed on your MyEtherWallet, as many of the newer tokens will not be, scroll down to the right hand side and manually input the their specification. Make sure to turn off your ad blocker when you are adding your custom token because it may not go through otherwise - due to the cache interference it causes (my guess).
You'll see a box similar to this:
--> Now, all you need to do is find the smart contract that corresponds to your ERC20 token... and for that, you will need the explorer tool:
Whether you are looking for the smart contract or just interested in how a blockchain on the Ethereum network is doing, ethplorere is a great place to start. Simply search the token name or its acronym.
For example, for Embermine Tokens, you can search Embers or their acronym, (MBRS).
Click on the correct name in the search bar and it will take you to the MBRS information page. Always ensure you have the correct Ethplorer profile up. You can easily do that by visiting the website dedicated to the Ethereum blockchain and verifying it there: Etherscan.io
Ethplorer is wonderful resource that you may want to bookmark and return to.
You will use it to gather basic information such project aims and official channels.
You may also use it to monitor the health of a network by checking its historical charts and activity level.
Okay now that you have all this information.. you can go back to your MyEtherWallet and transfer your token as you see fit :D
--> Repeat for any token you wish to transfer.
*ALSO if you read the EtherDelta guide, you know that you can also use the Etherdelta smart contract exchange to transfer your MRBS and other ERC20 tokens to another wallet. However it will not work if both Ethereum address come from the same Metamask account - the way outlined in this tutorial is the only definite way I know how to to do this for now.
Hope this helped everyone who had any questions about this particular thing - I know it was some trouble for some of us new guys in the MBRS network. Please let me know if there's anything else you encountered that helped out or that you think others should watch out for. Leave me a comment below :D
Thank you for your support, upvote and following :D
And lastly, a reminder that:
