Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to register your EOS tokens before the June token swap

Learn everything you need to know to prepare for the June mainnet launch.

On June 2, EOS will be transitioning from the Ethereum network to its own mainnet. While this is undoubtedly an exciting time for the project and its supporters, it also means EOS token holders will need to make sure they register their tokens so that they don’t lose any holdings.

So, what do you need to do for the EOS June token swap and when? Let’s take a closer look.

Learn more Buy EOS

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Why do I need to register my tokens?

The EOS tokens currently in circulation are ERC20 tokens on the Ethereum network. However, once EOS switches over from the Ethereum blockchain to its own mainnet in June, these tokens will be replaced with EOS coins issued on the EOS network.

The current EOS tokens will be frozen on the Ethereum blockchain before the launch of the mainnet. If you keep your EOS tokens in a wallet, then you’ll need to register your ETH address (where your current EOS tokens are held) to a public EOS key. The problem is that EOS doesn’t allow US residents to participate in the token distribution, so US holders won’t be allowed to register their tokens.

If you keep your EOS tokens on an exchange, the process is slightly different. The exchange may support the token swap and handle the process for you. If you hold your EOS tokens on an exchange, it’s very important that you check what your exchange plans to do regarding the mainnet launch. Failing to do so may result in the loss of your funds.

Once the mainnet has launched, a snapshot will be taken of the EOS holdings in all registered wallet addresses and used to determine the distribution of new EOS tokens.

When do I need to register by?

EOS holders must register their tokens by June 1, 2018. Within 23 hours of the final token distribution period on June 1, 2018, at 22:59:59 UTC, all EOS tokens will become fixed (ie, frozen) and will become non-transferrable on the Ethereum blockchain.

How do I register?

Because EOS blocks token registration for US residents, there’s only one way to register your EOS tokens:

Move your tokens to an exchange that supports the EOS token swap.

Many cryptocurrency exchanges have already announced that they’ll support the token swap. If you deposit your tokens into your account with one of those platforms, the exchange will look after the technical requirements of completing the registration. The following are some of the exchanges that have said they will support the swap:

  • Bitfinex
  • COBINHOOD
  • Kraken
  • Kucoin
  • OKEx
  • GOPAX

Non-US residents can hold their EOS tokens in MetaMask, MyEtherWallet or Exodus, but they’ll also need to register the wallet address on the eos.io website.

Where to buy EOS

Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

27
cryptocurrencies

Get a $10 bonus when you spend $100+ on cryptocurrencies. T&Cs apply.
Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

95
cryptocurrencies

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

190
cryptocurrencies

Buy 165+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

962
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

66
cryptocurrencies

New users earn up to USD 500 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
Coinmama Cryptocurrency Marketplace
Bank transfer, Credit card, Debit card, SWIFT, SEPA
USD, EUR, AUD, CAD, GBP, JPY

10
cryptocurrencies

Founded in 2013, CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Revolut Cryptocurrency App
Revolut Cryptocurrency App
Bank transfer (ACH), Bank transfer (SEPA), SWIFT, Credit or Debit Card
USD, EUR, GBP, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

20
cryptocurrencies

Buy and sell several popular cryptocurrencies through your Revolut account, set up recurring purchases and transfer it to other US users. You can’t transfer cryptocurrency to anyone who does not have an active Revolut account. Service not available in Tennessee.
Bitfinex Professional Trading Exchange
Cryptocurrency
USD, EUR, GBP, JPY

177
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
loading

Compare up to 4 providers

Prepare for the token registration before June 1 to ensure that you don’t miss out on the token swap.

At the time of this writing, the author holds IOTA and XLM.

More guides on Finder

  • NFT art: What it is and how it works

    NFTs take many forms, and NFT art makes up a large portion of the market.

  • How to understand and buy CryptoPunks

    CryptoPunks is a pioneering collection of 10,000 pixelated NFT artworks that have sold for millions of dollars at auction over the last year. Learn what makes them unique and valuable and how to buy them.

  • Earning on Coinbase review

    Learn how to earn interest on your cryptocurrency using Coinbase exchange. Finder’s guide to earning on Coinbase has information on Coinbase Learn, staking and DeFi.

  • Know Your Customer (KYC) Guide

    Find out everything you need to know about Know Your Customer (KYC) processes including what information is required, how to pass, and more in Finder’s KYC guide.

  • How to play Decentraland

    Learn how to play with one of the largest cryptocurrency metaverses in the world.

  • Nifty Gateway Review and Guide

    Your complete guide to buying and selling NFTs (non-fungible tokens) on popular marketplace Nifty Gateway

  • Cargo Guide

    Find out what you can do with NFTs on Cargo and how to use the platform in our step-by-step guide.

  • Plant vs Undead: How to play to earn

    Read our in-depth guide to the play-to-earn world of cryptocurrencies with Plant vs Undead. Learn how to plant, buy tools and make money – all while having fun with crypto

  • How to make NFTs

    Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.

  • Nexo review: Is it safe for high interest returns?

    Nexo is a cryptocurrency lending and borrowing platform that offers high interest rates on cryptocurrencies, stablecoins and fiat. We review the features available and look at how safe your funds would be on the platform.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site