Opt-in opens with the NEM desktop wallet

Announcements
#21

Hey Dave, maybe there were already answers to this, but is there really a sign of a sucessfull snapshot like a flag or confirmation message or something?

I heard about snapshot takes 5-360Blocks etc.

thx :slight_smile:

#22

Max rollback on NIS1 is 360 blocks - so snapshot block + 360 blocks is probably the safest point

Any time between 1 and 360 blocks is your own risk based judgement on likelihood of rollbacks or not.

And of course the easiest way is to wait until Symbol launch and you see the tokens in your wallet on the new chain

2 Likes
#23

Thank you Dave for clarification, very appreciated! Thx for your work

#24

hi, could you please let me know why there are fees to optin as i read everywhere it was free?
thanks

#25

Hey, i’ve opt in successfully. Can i transfer the coin’s back to Binance or do i need to wait for the end of Snapshot?

#26

The fees are 0.2 XEM to opt in

#27

so it’s not free…

#28

Maybe it’s free when done trough binance or other exchange

#29

Hello.

You can send coins in and out of your private wallet
but you will get only equal amount of xym that will be in your private wallet on the snapshot block.

so if you opted in with 1000 or 100000 xem does not matter
what matters is that your funds are in your private wallet on time of the snapshot.

if you plan to trade in that time be aware that some exchanges do not support opt int or distribution of xym. regarding binance they announced that they will support opt in and xym distribution
but only for the funds that are on your spot account.

Also be aware that you will not be able to withdraw or send xem or xym to or from exchange
from 11th to 15th March.

1 Like
#30

Hi, I transferred my XEMs to Symbol optin using this instruction http://nemplatform.com/symbol-migration I did it quite successfully. I was given a wallet address (Your Symbol Address
NAKX6C-M7SGBX-66RGWI-UU4EJF-KF55G5-AUC7QV-XOQ) and mnemonic phrase and private key. Now I am downloading a new wallet version 0.15.0, I enter a mnemonic phrase and my wallet is not in the list! I saw my wallet only in version 0.13.5 Help me get XYM
how can I view the balance of the wallet NAKX6C-M7SGBX-66RGWI-UU4EJF-KF55G5-AUC7QV-XOQ

#31

Best you wait until the Symbol Blockchain launches, and then download the most recent wallet version. Import the mnemonic and you should verify that the address is the correct one. Then, you should see your balance and are good to go to hold, receive, send and do much more.

According to the latest updates, the Symbol blockchain should launch within hours.

1 Like