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Newbie questions crypto thread
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<blockquote data-quote="the-dream" data-source="post: 1156584" data-attributes="member: 6343"><p>Yup, assuming it is a ERC-20 token, which 90% of ICOs are. You send the ETH then the tokens from the ICO will be sent back to the address that you sent the ETH from. </p><p></p><p>Some ICOs use NEO though instead of ETH and I'm not sure how they work. I also did a ICO which was for a new exchange (LAToken) and that gave me the tokens inside their exchange platform. I then had to withdraw them to my ether wallet. </p><p></p><p>But 90% of the time you just send the ETH then they just send the tokens back to your ether wallet.</p></blockquote><p></p>
[QUOTE="the-dream, post: 1156584, member: 6343"] Yup, assuming it is a ERC-20 token, which 90% of ICOs are. You send the ETH then the tokens from the ICO will be sent back to the address that you sent the ETH from. Some ICOs use NEO though instead of ETH and I'm not sure how they work. I also did a ICO which was for a new exchange (LAToken) and that gave me the tokens inside their exchange platform. I then had to withdraw them to my ether wallet. But 90% of the time you just send the ETH then they just send the tokens back to your ether wallet. [/QUOTE]
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