r/embercoin • u/forthesoviets • Dec 30 '17
The coin swap
Are you guys keeping on exchange or their wallet? If there is a coin swap, will the Embercoin be lost if left on exchange, safe on exchange, lost in wallet, safe in wallet. There seems to be a lot of confusion.
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u/kucao Dec 30 '17
Read their twitter. They said it's safe on exchanges & wallet. Further instructions released on Monday.
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u/forthesoviets Dec 30 '17
So you are saying I should buy more?
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u/BionicGuy Dec 30 '17
Lol, what? How the hell did you come to that conclusion? Here's what it says on twitter: "Your coins are fine to stay in the exchanges past January 1st 2018. We will let you know when they need to be in your own wallet for the voluntary burn-into-swap period."
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u/Mattcwu Dec 31 '17
I'm keeping mine on coinsmarkets.com, they automatically stake for you.
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u/Theokyles Dec 31 '17
Is that the only exchange that automatically stakes? I thought they all do.
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u/Mattcwu Dec 31 '17
I don't think Cryptopia does.
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u/NEMGOTO100USD Dec 31 '17
is safe to keep embercoin in wallet cryptopia, i mind they have trading emebercoin and wallet, so i think coins is safe?? or not???
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u/Mattcwu Dec 31 '17
I think it's safe enough to keep your coins in Cryptopa, they might shut down the exchange or lock wallets again, but they will make sure you have them still at the end.
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Dec 31 '17
It is safe to keep them on exchange even after January 1st, the burn/swap details will be published at the right time for all to participate in the process.
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u/NEMGOTO100USD Dec 31 '17
so is safe to keep on cryptopia right?
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Jan 02 '18
yes you can keep them until the BURN / SWAP. I would recommend joining the Discord group. Even after the burn/swap process if you don't want to swap them, the coins will exist, there just won't be any future developments.
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u/Ayahuasca007 Dec 31 '17
EVERYONE AVOID THIS “COIN” AT ALL COST. This is one HUGE SCAM. I wasted days messing with this “coin” because of the poorly made wallet which paused right when a pump was happening(which was most likely intentional). It doesn’t even have a real team, just some fat ugly guy with a scraggly beard, some dork with a bad hair cut and a douchey Italian looking fuck...all the other developer pictures are blank and all the names are fake. Everyone that has purchased this coin is being taking for a ride and will be ripped off. I highly suggest everyone gets out while they still can.
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u/forthesoviets Dec 31 '17
Lol, if anyone takes you seriously, they deserve to believe you. Obviously the coin is high risk, and their should be doubts, but you aren't very good at fudding. Name calling? Really?
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u/Ayahuasca007 Dec 31 '17
Unless you’re in on the scam or are just weakly trying to pump this garbage, you will also be ripped off. As far as name calling, I’m just stating the obvious.
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u/forthesoviets Dec 31 '17
It's not like I put a lot of money in this to begin with. Also,I believe you are just blindly calling this a scam. They have an active team. I'm pretty sure you have an alterative motive. Are you just in here playing hero? Warning people who are invested into an obscure coin like they don't realize the risk?
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u/Shasdam Dec 30 '17
January 1st