How to Send Fantom Assets
This will guide you through the process of send some of your Fantom assets to another party from an account managed by the Ledger Nano S device.
To send Fantom assets you need a destination address. If you are in touch with the recipient, you will get the destination address from them. We strongly recommend to check the destination address carefully since a confirmed transaction can not be canceled and you can loose your crypto assets if you send them to a wrong address. Due to the nature of the cryptography and decentralization, even our team will not be able to restore your assets.
- Open the account detail in PWA Fantom Wallet.
- Click the Send button on top menu of the account.
- Specify the transfer details in a simple for presented to you.
- Fill in the Amount to be transferred and Send To address of the recipient.
- You can attach a short message, so called Memo, which will be attached to the transaction.
- You should check the recipient address again.
Please note that all the transaction details are public. Anybody on the Internet will be able to see both sending and receiving addresses, the amount, and also the memo you add. Do not send any sensitive or personal information through the transaction.
- Make sure to connect your Ledger Nano S device, unlock it, and activate Fantom FTM application.
- Click Send button to initiate the transaction.
The Ledger Nano S will show a confirmation dialog to allow you to approve or cancel a new transaction. If you reject the transaction now, the transaction data will not be processed and you can return to the transaction form and adjust the details as you see fit.
If you approve the transaction processing, the Ledger Nano S will show a Please wait ... screen. The transaction data will be downloaded to the Ledger Nano S device and processed so you can verify the transaction authenticity. This is a security measure put in place to prevent unauthorized transactions to be signed.
The Ledger Nano S will than present series of information about the transaction for you to validate and confirm. Make sure each part of the transaction corresponds with the information you see on your PC. This ensures that the transaction you are about to sign on the Ledger Nano S device is genuine.
The first part to check is the recipient address.
You must be absolutely certain this is the address of the intended beneficiary. Once you confirm it on the last page, you will be shown your sending address.
The next important pair of screens show the amount transferred and also the maximum fee you will pay to get the transaction processed by the network. Please note the real fee will be usually lower than the maximum calculated.
The amount of maximum fee is calculated for you from the current state of the Fantom network, you don't have to choose the value yourself.
After you check all the transaction details, the Ledger Nano S will show you the final transaction confirmation dialog. This the last chance to cancel the transaction and return back to the transaction form. If approved, the transaction is signed and send to the Fantom network for processing.
You PWA Fantom Wallet will show you the hash of your new transaction and you can verify the state of it by clicking the hash. It will redirect your browser to Fantom Explorer, where the transaction details will be presented.
Last modified 3yr ago