How to Set up an ERC-20 Compatible Wallet
Props is one of the first consumer-facing crypto projects in the market. We understand that many of those who participated in the Props token sales are new to crypto, and thus new to the concept of a wallet.
In order to receive Props, everyone who participated in our SAFT, CoinList, or Republic Crypto sales will need to set up an ERC-20 compatible wallet. Any ERC-20 wallet can send, receive and hold Props. We advise you choose from among the following four options based on their reputation and security:
- On your Chrome browser: MetaMask [step-by-step guide]
- On your computer’s hard drive: MyEtherWallet [step-by-step-guide]
- On your mobile device: imToken [iTunes Store; Google Play Store]
- On an external hardware wallet: Ledger / other Hardware Wallet [purchase Ledger here] Please note that hardware wallets are in strong demand, so it may take weeks to ship.
Note: wallets from an exchange such as Coinbase do NOT have the ability to receive or hold tokens such as Props.
Once your wallet is set up, we suggest testing it two different ways:
- Plugging your wallet address into this validator on this website: https://tokenmarket.net/ethereum-address-validator.
- Send a small amount of Ether (0.0001 ETH) from another wallet or exchange, if you have one, to your new wallet.
Please look for emails from team@propsproject.com in the upcoming weeks for more specific details and feel free to email us with any questions. Tune into our Telegram group to join the real-time conversation. Thank you again for your ongoing support.
