Articles in this section

See more

How to find your incoming tokens after a conversion

When convert tokens on the Bancor Network, you will eventually trigger a set of transactions to convert your "fromToken" to any "toToken" you wish in the network.

When converting into ETH, the "incoming" transfer to your account will appear under the "token transfer" section.

Example:

Account: 0x3525c4124b6C2132F93dfb9515D37e2fE84da54C

Step #1: Fund the account

I've transfered 0.01 ETH into the account. This will record an "in" transfer:

Step #2: Convert to ERC20 Token

Using Bancor, I will convert 0.001 ETH to receive an amount of an ERC20 token:

  1. Convert ETH - This will record an "out" transfer
  2. NEW TAB - Token Transfers - Here you will see all transfers of non ETH tokens. Receive BAX tokens - This will record an "in" transfer:

Step #3 - Convert Back to ETH

Now I will convert my BAX (ERC20) tokens back to ETH

  1. Transactions tab - 2 new "out" transaction
    1. 1st transaction - "Approve" transaction to allow the Bancor Converter to access my BAX balance and use it for the conversion.
    2. 2nd transaction - "Convert" transaction from BAX to ETH. Here you will only see the Gas Price used for the transaction and there is no "Value".  
  2. Token Transfers Tab - 1 new "out" transaction.
    This indicates that the BAX tokens have been transferred out of my wallet as part of the "Convert" action.
  3. NEW TAB - Internal Transactions - here you will find all your "in" transfers of ETH as a result of a "Conversion" transaction. The row in the image below indicates the transfer of ETH from the Bancor Converter to my wallet address.

When checking your wallet balance at this stage, you can see that the ETH from the "Conversion" transaction was added successfully to my balance.

 

---

Last transaction for the account is a transfer out of all remaining ETH thereby cleaning the balance of the wallet.

Was this article helpful?
3 out of 9 found this helpful
Have more questions? Submit a request
Return to top
Disclaimer: When reading this article, please keep in mind the following: (1) Important to notice that wherever referring to any sensitive information of yours, including private keys, key-pairs or other account information, that information is yours. We can only make limited suggestions to how such information may be treated and protected, but the responsibility is yours. You should always make sure your information is protected and kept private, in the best available way; (2) that the information contained herein is a simplified extract of detailed information and sources generally available on the internet. This basic information was collected and displayed in attempt to provide you with better understanding of certain processes and aspects which relate to content and applications on Bancor’s site. Although we do our best to keep this information up-to-date, we cannot always guaranty that. This is since the information originates from third parties or relates to third party services, applications and technologies (such as Metamask, Scatter, EOSToolkit, or EOS), which are unrelated or unaffiliated with Bancor. These third parties’ applications, services and technologies are available on the internet, and may be subjected to applicable terms and conditions. Accordingly, though the said information and third applications, services and technologies (“Third Parties Content”) are believed to be reliable, Bancor provides no warranties regarding them (including their accuracy or completeness). IN NO EVENT WILL BANCOR BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST REVENUES, LOST PROFITS OR LOSS OF PROSPECTIVE ECONOMIC ADVANTAGE RESULTING FROM THE USE OF THE THIRD PARTIES CONTENT EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR FOR ANY CLAIM BY ANOTHER PARTY.

Related articles