Sending Assets (Coins, Tokens, NFTs)
Managing digital assets like coins, tokens, and NFTs is a crucial aspect of using any cryptocurrency wallet. TotalSig provides a user-friendly interface for these activities. Below is a guide on how to send and receive these assets:
Access Your Wallet
- Open the TotalSig extension and select the wallet from which you want to send assets.
Initiate a Transaction
- Find and click on the "Send" option within your wallet.
- Enter the recipient's address and the amount of the asset you wish to send.
- For tokens and NFTs, ensure you're on the correct network and select the specific asset.
Confirm Transaction Details
- Double-check the recipient's address and the amount. Errors here can lead to irreversible loss of assets.
Authorize the Transaction
- In a multisig wallet, wait for the required number of co-signers to approve the transaction.
- Confirm the transaction with your signature (and others if it's a multisig wallet).
Complete the Transaction
- Once all necessary approvals are in place, the transaction will be processed and recorded on the blockchain.
- Sending NFTs: Choose the NFT from your wallet and enter the recipient's address. Confirm the transaction as you would with any other asset.
- Always verify addresses and transaction details to prevent errors.
- Be aware of the transaction fees associated with different networks, especially when dealing with ERC20 tokens or NFTs on Ethereum.
- For multisig transactions, communicate with co-signers to ensure timely approval.