How to transfer NFT from one wallet to another?

How to transfer NFT from one wallet to another?

How to transfer NFT from one wallet to another?

Using different wallets for transferring NFTs

Do you have a special, unique token from the cryptocurrency world that needs to be transferred from one wallet to another? This article features some of the most popular hot wallets and hardware wallets, as well as instructions on how to transact with NFTs. Now it will be even easier for you to collect, create or carry out other important manipulations with the most popular and sought-after currency today. It is important to follow a few basic rules, which we will now discuss.

TOP 3 rules required for safe and competent NFT transfer

  1. The first and most important thing is to always check the correctness of the wallet address to which you are going to transfer the token. Otherwise, it will disappear in the vastness of the network in which it was created.
  2. The second aspect is attention to detail. All modern wallet systems are similar in their algorithms, but still, be precise in your actions and check every step.
  3. The third rule says that you always need to have a little more gas to accurately pay the transaction fee.

Don't forget also about scammers who are trying to steal your data and tokens from all wallets. Carefully check the addresses of the sites you visit. With applications for phones, it’s easier - just download the official program, after reading user reviews.

And now let's move on to information on how to transfer the NFT collection to a variety of wallets available from anywhere in the world.

 

In MetaMask from Coinbase

MetaMask wallet is one of the most popular hot wallets. The program allows you to conduct transactions with cryptocurrency, including not only through a browser but also using a special application for smartphones. The wallet app is secure, convenient, and easy to use. Even a beginner can figure out how to work in MetaMask. It is also easy for you to make a transaction with your NFTs. To do this, open a browser or application, click on Wallet, and find the NFT tab in this menu. Go to the menu that opens and look for the option to import. To carry out manipulations, you will also need the address of the token with its identifier.

Three simple and clear steps when transferring from OpenSea to Coinbase

It will take very little time to transfer your unique tokens in this system. For NFT transfer follows below steps:

  1. In the OpenSea profile, you need to find the page of the desired NFT and not lose sight of the transfer function. Hint: you should look for it in the upper right corner of the program.
  2. After that, copy the Coinbase wallet address, enter it in the required field, and activate the transaction using the well-known (who uses the provided wallet) blue “transfer” button.
  3. Now all that remains is to confirm the transaction and pay the gas fee.

It’s ready! Everything has been sent and soon another wallet will be replenished with a new token. You can do the same in the Coinbase wallet app.

Carrying out the reverse procedure is not more difficult than we described above. Make transferring NFTs as quick and easy with both of the wallets we're talking about right now installed on your browser and phone. In addition to the direct transfer procedure, users of the OpenSea NFT trading platform have the opportunity to link the Coinbase wallet to the system once and for all. There is a specially designed function for this, which is not difficult to find. Paste your unique link to the custodial Сoinbase wallet into the address bar and click on the connect button. The system will automatically add the ability to operate with your crypto-finances from this source as well.

Using other wallets

The most important thing when transferring NFT to any hot or cold wallet is the ability to accept this token.. Make sure this option is available and after that, you can start the transaction. First, open your NFTs in the wallet where they are currently stored. In the lower right corner of the image, there is a special icon that opens a submenu - here you need to select the transfer function. This will require a wallet address. It is worth double-checking it several times so as not to lose the token. Click on the continue button and confirm the transfer. To make it work, you also have to pay a gas commission.

How to put a token in MetaMask if it's in OpenSea now?

To do this, you will need a MetaMask wallet address and an OpenSea account. Log in and select the token you want to move to the selected system. When you right-click on the NFT, a list of options will appear from which you need to select "Submit". By clicking this button, you will see a menu listing all possible wallets: select MetaMask and paste the previously copied and verified wallet address. Completion of the transfer will be possible only after paying for the gas.

Binding hardware Ledger to Opensea

A Ledger hardware wallet is a type of wallet called "cold" because it is not tied to a specific computer or device. However, owners have the option to tie the Ledger to the OpenSea system via MetaMask.

First, you need to connect your hardware wallet to MetaMask. To do this, open OpenSea and open the option with a choice of wallets, where we select the one we need. After that, the MetaMask connection command will appear, where you need to specify your Ledger account and click on connect. This will allow the OpenSea system to access and through the Settings and the "Profile" button you will be able to manage your Ledger NFT collection.

How to to transfer NFTs from Binance to MetaMask

The largest trading platform Binance is adapted for all types of cryptocurrencies, including NFT. In your Profile tab, there is a Collection option where all tokens are stored. It is also possible to view NFTs through the Assets tab. However, it is possible to display several tokens from the Collection at the same time. Select one or more options, and the Binance system will tell you which network to withdraw them from. Do not forget you have to pay for the gas for the transaction, and for this, it is important to pick up the native cryptocurrency of the network in your wallet. Be sure to check the MetaMask wallet address several times to avoid mistakes. In the Destination Address section, enter it and confirm the transaction.

Important! Binance now supports blockchains such as Ethereum and BNB Chain to transfer NFTs and other cryptocurrencies.

 

A little about the Gas Fee

Payment for gas in any network depends on the degree of its congestion. Congestion and unavailability due to a large number of transactions increase the amount of gas. To make your transfer faster, you can see which payment is the highest (which means it will allow you to complete the operation the fastest) at the moment. The lowest gas reading indicates the minimum amount. But with this state of affairs, the result may be delayed. Each blockchains has a special scan - a website that displays all transactions and the amount of gas that was charged for them. For example, on the ETH network, this is Etherscan.

Learn more about working with the most popular “hot” wallet

The procedure for transferring to any hot or cold wallet, including MetaMask, follows the same principle. You select the desired token (in our case, NFT), copy the wallet address where it should go, and select the appropriate option depending on the system where your cryptocurrency is located. Also, don't forget to pay transfer fees - GAS should be enough to process transactions, and the faster you need to make it, the more payment will be required. Keep track of this moment, and you will be able to carry out all operations without delay.

Instead of output

This guide explaining how to transfer your NFT tokens to wallets of various systems. Now it will not be difficult for you to easily and simply make any transactions with your decentralized currency at the most favorable rate of Gas and other parameters.

Important! Each platform has technical support for users, which is ready to answer any questions from users. Do not hesitate to contact the experts in any unfortunate situation. They will solve the problem, and tell you what to do in this or that case.



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