What is EncrypGen?
EncrypGen de-identifies raw DNA data, which may have been taken when having a DNA test, file by stripping it away from the name, email, and other sensitive information. DNA data buyers search Gene-Chain profiles suitable for their projects and purchase de-identified genomic data with DNA tokens. You earn DNA tokens every time a researcher buys your data, and you can turn those tokens into numerous types of spendable money.
Putting your DNA on the blockchain? Why would I want to do that? Rather simple – science needs you! Scientific researchers and pharmaceutical labs are in need of a diverse sample of genomic data. You can get paid for helping researchers find better treatments and cures for diseases by sharing your DNA test result.
For more information on EncrypGen, you can visit their official website here.
Please note that the dashboard swap widget and market orders are currently disabled for DNA due to liquidity. This is to protect you against slippage when buying or selling DNA.
How to Deposit DNA Into Your Coinmetro Account
If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts, or using a full ETH wallet as an intermediary.
Note: As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000 for ETH. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.
How to Withdraw DNA From Your Coinmetro Account
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be verified via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be canceled and withdrawal status can be found by selecting the wallet on the GO! Dashboard. Approved withdrawals cannot be canceled. If there is no Cancel button, there should be a transaction ID (TXID). This is a link to the relevant tx hash (Transaction Hash) on a blockchain explorer website.
If you are withdrawing to an external wallet such as MetaMask, please ensure that you have added DNA as a custom token on the wallet.