I recently bought a few TenX PAY tokens. I had never added a new custom token to MyEtherWallet before and I hope this post helps anyone else who may be doing this for the first time as well whether it be with the TenX tokens or an alternate coin.
By adding the TenX PAY token to your MyEtherWallet, you can receive an incentive of 0.5% of the entire payment volume on the TenX payment platform initially on a monthly basis. I love coins with these type of benefits and I like this coin because it is creating ways to make many cryptocurrencies more easily spendable.
In order to add the PAY token to your MyEther Wallet:
- Go to Ethplorer.io
- Type in the name of the token (PAY) to search
- Note the address of the token. This is listed right below the name of the token or it can be seen by clicking on the QR code icon to the right of the name of the token
- Note the decimals of the token which can be found in the Token Information area
- Sign in and unlock your MyEtherWallet and navigate to the "Send Ether & Tokens" page
- Click "Add Custom Token" on the right side
- Enter the address of the token that you previously noted from Ethplorer.io
- Type in the name of the token (PAY)
- Enter the decimals of the token that you previously noted from Ethplorer.io
- Click "Save"
You will now be able to send your PAY tokens to the ETH address of your MyEtherWallet and start receiving your incentive bonuses!
If you have these tokens or will be getting any in the future, I hope you receive many incentives from them. If you aren't looking to acquire these, what other coins with these type of similar incentives do you like? Do you prefer proof of stake or proof of work?