What is frozen token?

[Mella 3680]

My dear as your friend has told you the coins are frozen. What it mean its that you cannot move them. This is it if you ask why this happen it is because the project it did not want you to sell them. Easy fact to understand. Perhaps they are a scam too as others have already said, not important and you may move on with your life and forget about them.

[Mwangi 5611]

Frozen token am not so sure about it,I have not checked it at any moment and its going to be something good to check up I will give you the feed back and tell you whats up and everything will be allright

[yonkii 3205]

I have never seen this before but I understand now that it is a form of ethereum token that has a code to not allow you to move it but only receieve. This does not look like a good token to hold.

[percare 3192]

I didn't know a coin can be frozen and it looks very strange to me. I thank you for giving us this information because it made us more wise on what is happening in the blockchains and the tokens. Perhaps this token was from an airdrop but whatever it was it is something to consider that may happen in many coins.

[Mike1515 2977]

Am not sure what is that because once I google its bring result for a token called kick token so am not really sure what that is , but if it is on my ether wallet, I might have an answer by the end of the day. Kindly wait I check and I will get back to this topic

[Switchback 22]

Hmm, it was very strange. I read the answers from everyone, thanks for the information. Now I will be more aware of this

[carysalamo 142]

Brother, I did not understand what you mean by the question
If you mean that you cannot deposit it on the platforms, then it means that it is like it is not yours to this moment, I think.
Take this method. Perhaps it will solve the problem if the wallet has a transfer feature such as coinpot.co, convert it into any currency and then withdraw it on the platform listed on it and then return the ball on the platform

[Dydk007 45]

 

I did not know what those Tokens were in my MEW. But there are too many of them. thanks for opening this post. It is useful for many to find out about this, some spend Gas in transactions of these tokens.

[Neoneonovich 116]

Well, usually tokens are frozen in the event that you participate in some kind of airdrop. Sometimes a certain amount is frozen by the developers themselves, so that the price of a coin on the market is higher

[rub4ix 26]

It is token, with you can do nothing. Sometimes markets wait the end of their IEO to unfroze it. This happens now on EMIREX, but soon they will unfroze there.

[KainVrn 88]

Hey. Good question, I've never come across this. Where are you transferring these coins, are you sure that this coin is traded on this trading platform? And in principle, how can a crypt be frozen on your wallet ?!

[Marsandrak 22]

A frozen token is a token that is created but cannot be transferred to another address until certain unlocking conditions are met. There are certain mechanisms and methods to freeze and unlock the tokens.

[ArianLp 64]

I am a beginner, and I believe that with frozen tokens certainly no type of transaction can be made, you just have to wait for them to acquire a value in an exchange and be released.  Do they consider that there can be some long-term benefit with frozen tokens?

[Yeroth 90]

The Eth network is adding new modalities since in some states of ICO and IEO launches, where it is impossible to withdraw the rewards since the volume of the fees for each transaction is too high to withdraw the tokens. ..

[Ferrkokrom07 11]

it is for stake and mining. how can we mining here I dont but there are too many site

[Franklin Guerrero 66]

First time I hear that term, but I think we should review more or background that is happening with that token project, and also check in etherscan all its movements, and see what your wallet has settled in ethereum to remove it because if they are ready to exchange it is very rare that you can not move them.

[Osmmoh 11]

A frozen token is a token that is created but cannot be transferred to another address until certain unlocking conditions are met. There are certain mechanisms and methods to freeze and unlock the tokens.

[jfcrypto7 131]

Frozen tokens are tokens that are not eligible to buy or sell or at the moment the trades have been suspended, you will have to wait until the tokens are listed on some exchange again and there is an activity with the token, unfortunately this tokens do not have a value until the frozen state is removed.

[ramonn22 731]

Hello, I am with you Brother, a high possibility that you cannot withdraw the tokens and because you do not have funds in ETH to pay the commissions required to withdraw the tokens or that the same currency is frozen for a certain time to withdraw
a big hello to all

On 5/5/2020 at 12:03 AM, ETheHedgehog said:

 

[luthfi_2a 110]

Frozen Token :
The lock-up period is the time frame where team and advisors (i.e. corporate insiders) are not allowed to sell their tokens. In other words, these tokens are frozen. What's it for? ... The lock-up period helps to stabilize the token price after it enters the crypto market.

[avgplaya 97]

On 5/4/2020 at 3:50 PM, Moaz said:

Hello my friends...
I have many tokens in my portfolio MyEtherWallet, but I cannot withdraw this tokens to any platform in order to sell them knowing that they are listed on some platforms .
I asked a friend who told me that this token is frozen !! But I didn't understand exactly what it meant .
Hope you help me understand the frozen token .

One of the great advantages of freezing cryptocurrencies is that it allows you to protect your investment from market volatility and at the same time obtain great returns.

Through this mechanism you can make the best of the strong market movements that scare away many novice investors, for which it is necessary to be prepared both technically and psychologically.

[No_Regrets 29]

Hey,frozen tokens are tokens that are locked up for a certain period of time or until certain conditions are met.

[George10 9932]

I have not heard about frozen tokens before until now and in my own understanding I think when a coin is put in that position, means it actually has low demand or lost value and yet to recover or abandoned by it's developers,that's just my opinion thanks.

[carybe69 74]

If a token is frozen, is there hope that one day they can unfreeze it? Or it will happen as some tokens that I have in my metamask portfolio and that have no value since they were abandoned to their fate. Or in this case these will be dead tokens?

[Mark wood 2970]

On 5/9/2020 at 10:48 PM, Ms.o said:

Unfreezing tokens is only possible if such an option exists in the token smart contract in advance. Frozen tokens cannot be transferred anywhere, but they can be unlocked after certain FrozenDrop conditions are met.

Actually I don't have such idea about this but hope you are right I only learn from your post, yes I also read more comments but hope I will learn it well because many members share their different information which is great..