Transfer Tokens

Learn how to transfer tokens to one or multiple wallet(s).

As with the ETH transfer (which we discuss at greater length here) this feature allows you to transfer ERC20 tokens from your coin trading wallet to one or more wallets. This feature is particularly useful for bypassing the swap out limits imposed by certain contracts.

Set up the transfer

The transfer of token is slightly different from ether transfer. When you press the Transfer Token button on the dashboard, you'll be asked to enter the contract address of the token to transfer, the percentage of this token you hold to transfer, and one or more recipient addresses. If you enter several recipient addresses, the corresponding token amount will be divided between the different addresses. For example, if you own 30 $BLUR, transfer 50% and select 3 addresses, each address will receive 5 tokens (50% of 30 divided by 3).

The funds are transferred from the wallet you've registered in your coin setup, which we're talking about here. If this address is included in the list of recipients, it will be automatically excluded to avoid paying extra gas.

Transfer simulation & execution

As for ETH transfer, once you've confirmed the inputs, the bot will simulate the transaction and send you back the various information. You can check the sending address, the number of receivers, the total token sent and the estimated gas fees you'll pay. This gives you a complete visibility over the execution of the transaction and the dispersal of your funds.

If you're satisfied with the simulation, click on the Confirm button . Once confirmed, the bot will return the executed transfer information and transaction hash.