Yes, you are correct but the article is outdated.
You are effectively registering through MyEtherWallet which is approved by EOS.IO and you are pasting in your Private Key which is an insecure access method.
Although this may work, I think doing it by the EOS.IO official site method is safer and will be supported if they decide to make a change.
Notwithstanding, I love the Exodus wallet compared to the MyEtherWallet.
RE: So you purchased EOS on an exchange ? Why you need to register your Ethereum Wallet address at EOS.IO, prior to the 1 June 2018 !
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So you purchased EOS on an exchange ? Why you need to register your Ethereum Wallet address at EOS.IO, prior to the 1 June 2018 !