This is the follow-up tutorial to my article 6 Steps to ERC20 Tokens and ICO Smart Contracts where I went through in great detail on how to deploy your very own ERC20 token and launch an ICO live onto the Ethereum blockchain for free (minus the cost of gas).
In this tutorial, I will be using the very same token created in the previous tutorial and show you how to both get the token onto an exchange for free, (minus the cost of gas), and how to start selling the token on the exchange as well!
So, let’s get started.
Step 1: Getting Started
The very first thing that you will need is the address of the brand new token you created from the last tutorial. Simply go onto ether scan and type in the contracts address. Up in the left-hand corner will be the address and highlighted in yellow is the handy copy button.
From here, after you have copied the address you will need to type into your browsers address bar the following but replacing the big bold text that says ContractAddress with the address that you just copied in the step above:
So, for the Lavavel Token we made in the previous tutorial, It will look like this:
This will take you to the Ether Delta Exchange and at the time of this writing, it should look something like this:
Step 2: Logging In
Once you are on Ether Delta you will need to log into your wallet. You do this by clicking on the account tab in the upper left hand of the menu bar as shown below.
When you log in, you will need your wallet address and your private key from the previous tutorial. copy and paste the addresses and click on import wallet as shown below. (Private key is not displayed for security reasons).
Step 3: Changing the Gas Price
Next, we need to change the gas price. Click on the account tab again and then at the bottom of the drop-down, click on the gas price. This is underlined in red in the image below.
Ether Delta has a default gas price of 4 Gwei, and that is just not enough to cut it anymore. We need to change that number to 32 Gwei and hit the set gas price button. If you don’t change the gas price, there is a very good chance that your transactions will never be processed, and if they even do get processed, it will probably take a day or two.
Step 4: Transfer in Some Tokens
Now that we are logged in and have changed the gas price, its time to transfer in some of our awesome new tokens! This is one of the easiest parts. Type in the number of tokens you wish to transfer in the text box and hit the deposit button. You will see a popup like this if done correctly:
Once the transaction has processed, your Ether Delta Balance will be updated. The tokens that you transferred into ether delta will now be ready to trade on ether delta as you can see in the image below with the 100,000 brand new token that I transferred now showing up in the Ether Delta wallet column!
Step 5: Creating a Sell Order
Now, It’s time to sell these tokens! In the Order book tab, there is a Lavaval/ETH column. In that column, there is a green number. We need to click on that number to start the selling process. Once you click on it, you should see something like the image below:
Type in the about you want to sell, Ether Delta will trade this token at current market value. with this method. Once you click on the Sell Order Button, you should see another pop up like the one below:
Click the OK button on the pop-up and you could see The trade order listed in the Your Transactions tab.
To create an actual sells order, in the lower left-hand corner, click on the buy-sell tab.enter the amount or tokens and the price you want to sell it and hit OK. For the purpose of this tutorial, I have done both. Please note that at the time of this writing, there is no way to cancel an order made by click on the green price. but you can easily cancel the orders made with the second method.
The Contract address used in this tutorial is 0x9922D178DFEeD0c19618A2A9bac8810E37F02909 which you can view live on Etherscan to verify this tutorial.
The ICO part of the smart contract is still going so please do not send ether to this address as you will not get it back. It will be considered a donation/gift.
As always, anytime you are using Cryptocurrency, I highly recommend getting the Ledger Nano S Cryptocurrency Hardware Wallet to keep your account and funds secure and safe.
With that being said, I hope you enjoyed this tutorial and found it informative and useful. The steps provided above will work with any ERC20 token, not just the one from the tutorial. If you didn’t get a chance to learn all about setting up and deploying your ERC20 Token and ICO Smart Contract, please check out the first half of this tutorial below: