âī¸How to : Transfer assets (wallet to wallet)
Last updated
Last updated
There might come a time when you want to transfer your DRC-20 tokens. Want to move them to a different wallet, this guide will help you navigate through the process. Essentially, you'll be minting a transfer inscription and sending it to the desired wallet.
The process can be executed either using DogeLabs Wallet or a node (VPS/Windows). If you haven't set these up, please refer to our respective guides for installation.
If you've decided to transfer your tokens, here's a step-by-step guide to transfer them from a wallet to another.
Open your DogeLabs Wallet.
Click on the asset you want to transfer. For this example, we'll use Dogi.
Click on the "Transfer" button.
Click on "Inscribe TRANSFER".
Decide how many tokens you want to transfer.
Even if you purchased a large quantity in one go, you can choose to transfer them in smaller increments (e.g., 10, 10, 30, or all 50 at once), for this example, we choose : 50 dogi.
Enter the amount you wish to inscribe and click on "Next".
Validate your listing by clicking on "Pay & Inscribe".
You've now created an inscription ready to be transfered to another wallet.
Note: The indexer is always a few blocks behind, so your inscription may not appear in your DogeLabs Wallet immediately. It typically takes 20-30 minutes for the transaction to reflect. This is normal.
The 50 dogi are now transferable. Please note, they might appear as Transferable but still not visible on the wallet when you click on the asset, again, that's normal. Please wait for the full 20-30 minutes, sit back and relax, all good.
Once the inscription is visible in your wallet :
Open DogeLabs Wallet.
Click on the token that you want to send to another wallet.
Click on "TRANSFER".
Select the inscriptions that you wanna TRANSFER, then, click on "Next".
In the field "Receiver", just put the wallet where you'll send your tokens
Click on "Next"
Sign the transactions
Mint a transfer inscription using the following command:
node . drc-20 transfer <WALLET> <TICKER> <AMOUNT>.
See the Option A, Step 6 to transfer your inscription.
Note for Node Users: Please remember that the node performing the transfer inscription does not necessarily need to be the same wallet receiving the transfer inscription! It's completely fine to use different wallets for these operations.
