How to deposit your TYC tokens 2022 on the Tycoon platform
The long-awaited feature of the TYC tokens 2022 deposit is coming up on the Tycoon platform. Let’s take the time to get to know it better.
Oh yes, it’s happening! The TYC token is starting to grow some serious muscles and becoming more functional. The Tycoon platform is ready to implement new features, so let’s take the time to learn how to deposit your TYC tokens 2022 onto the platform. Not only will your tokens be protected by military-grade security, but you will also benefit from being one of the earliest people to join the party and test out new features. Let’s get started.
How much do you know about the Tycoon trading platform?
Before you start your deposit, it’s always a good idea to keep in mind that the TYC tokens 2022 works on the Ethereum network. At the moment, the ETH Gas fees are pretty low. If you like to save on the gas fees for your transfer, there are countless excellent tools that you can consult to gauge the exact gas price at this current moment. https://www.ethgasstation.info/ is just one of these examples. Usually, the Ethereum network fees are lowest during the evenings, depending on your time zone.
In your Tycoon app interface, you will notice that your yellow “Deposit” button is now visible. Also, this option will allow you to start your deposit procedure. Let’s hit the yellow button.
You will be greeted with a message stating the correct TYC tokens 2022 deposit address. If you are keeping your TYC on your phone, you can select a QR code that will conveniently work with your phone based wallet ( as shown in figure 3 )
Now we can safely copy the correct address and head down to the wallet that stores your TYC tokens 2022. Here, just like with any other coin, we can select the TYC tokens 2022, paste the deposit address and the total amount, and hit “send.” If you want to be extra prudent, you can always send a test transaction (of just a few TYC tokens 2022) to be sure that your deposit is confirmed on-chain. This can, of course, be verified by pasting your TYC token address into a handy tool like Etherscan. During peak usage of the Ethereum network, the transactions can get delayed. Therefore, it’s essential to be patient and wait until your deposit is confirmed. As you can see, it’s effortless and straightforward.
Please only use the TYC token for depositing to the Tycoon platform. Please only use the ERC20 network ( Ethereum Network ) for your deposit. Your funds will be lost if you use any other network aside from Ethereum! Therefore please ALWAYS make a small test transaction of the TYC token and verify that it arrived onto the Tycoon platform safely. Please be very careful, and in case you have questions, reach out to us via [email protected].
Risk note about TYC tokens 2022 :
Trading Cryptocurrencies is subject to high risks and may result in capital loss. Also, please make sure you fully understand the risks associated with trading Cryptocurrencies and only invest as much as you can afford to lose. Be clear about your investment objectives and experience, and seek advice from an independent financial advisor if necessary. It is your responsibility to determine whether you have permission to use Tycoon Trading Platform s’ services under the laws of your country of residence. Investments in Cryptocurrencies have no protection by any Financial Services Compensation Scheme.