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How to Send Out Assets

Transfer cryptocurrency from your Canton Wallet to other Canton Wallet users, external addresses, or exchanges. This guide covers single transfers, adding contacts, and bulk transfers.

What You Need

Before starting:

  • Assets available in your Canton Wallet (CC, CUSD, or USDCx)

  • The recipient's Canton party ID, wallet address, or Sendtag

  • Memo (if sending to an exchange)

  • Your Canton Wallet with auto-merged enabled

Step-by-Step Transfer Process

Step 1: Access the Send Page

  1. Open your Canton Wallet

  2. From the home screen, tap the "Send" button

Step 2: Enter Recipient Details

You have several options to add a recipient:

Option 1: Paste Party ID or Address

  • Paste the recipient's Canton party ID or wallet address in the "RECIPIENT" field
    The recipient details will appear with "Transfer Direct" indicator

Option 2: Search by Sendtag

  • Type the recipient's Sendtag in the search field
    Select the recipient from the "SEARCH RESULTS"

Option 3: Select from Contacts

  • Tap the contact icon next to the recipient field

  • Select a saved contact from your list

  • Tap "Select" to confirm

Option 4: Select from Top Senders

  • Choose from the "TOP SENDERS" displayed below the recipient field

Step 3: Select Asset and Enter Amount

  1. Tap the asset dropdown (e.g., CC) to choose the currency you wish to send

  2. Available assets include: CC, CUSD, and USDCx

  3. Enter the amount you want to send

  4. Your available balance is displayed below

  5. Tap "MAX" to send your entire balance

Step 4: Add Memo (If required)

  1. If sending to an exchange, enter the memo in the "MEMO (OPTIONAL)" field

  2. The memo is provided by the exchange you're sending to

⚠️ Important: A memo is required for exchange deposits. You do not need a memo when sending to a decentralized wallet on the Canton Network.

Step 5: Review and Send

  1. Review the transaction details:

  • Recipient address

  • Amount and asset

  • Network Fee (displayed in CC)

  • Total amount including fees

  1. Tap the "Send" button

  2. The transaction will show "Preparing..." then "Submitting..."

Step 6: View Transaction Details

  1. Once complete, the transfer appears in your "Activity" tab with "Success" status

  2. Tap the arrow icon on the transaction to view details

  3. The "Transaction Details" screen shows:

  • Transaction ID

  • From address

  • To address

  • Amount transferred

Managing Contacts

Save frequently used addresses for quick access when sending.

Adding a New Contact

  1. On the Send page, tap the contact icon next to the recipient field

  2. In the "Select Contact" dialog, tap "New"

  3. Fill in the contact details:

  • Party ID (required)

  • Display Name (required)

  • Notes (optional)

  1. Check "Add to favorites" if desired

  2. Tap "Add Contact"

Your contact will now appear in your contacts list for quick selection.

Bulk Transfers

Send assets to multiple recipients in a single transaction (up to 25 recipients).

Enabling Bulk Transfers

  1. On the Send page, tap the multi-person icon in the top right corner

  2. You'll see the "Enable Bulk Transfers" dialog

  3. This is a one-time setup that creates a contract on the network

  4. Tap "Enable Bulk Transfers"

  5. Wait for the setup transaction to complete

Sending to Multiple Recipients

  1. Once enabled, you'll see the bulk transfer interface showing "1/25 recipients"

  2. For each recipient:

  • Enter the party ID or Sendtag

  • Select the TOKEN (CC, CUSD, etc.)

  • Enter the AMOUNT

  1. Tap the "+" button to add more recipients (up to 25)

  2. Add MEMO if required for exchange deposits

  3. Review the SUMMARY showing:

  • Total recipients

  • Total amount per token

  • Available balance

  • Network Fee

  1. Tap "Send" to process all transfers

FAQs (Frequently Asked Questions)

Q: What assets can I send?

A: You can send CC, CUSD, and USDCx from your Canton Wallet.

Q: Do I need a memo when sending?

A: A memo is only required when sending to an exchange. You do not need a memo when sending to a decentralized wallet on the Canton Network.

Q: Where do I get the memo for exchange deposits?

A: The memo is provided by the exchange you're sending to. Check the exchange's deposit instructions for your specific memo.

Q: How long do transfers take?

A: Most transfers are processed within a few minutes, depending on network conditions.

Q: What is the network fee?

A: Network fees are charged in CC for processing transactions on the Canton Network. The fee amount is displayed before you confirm the transfer.

Q: How many recipients can I send to at once?

A: With bulk transfers enabled, you can send to up to 25 recipients in a single transaction.

Q: Is bulk transfer setup required every time?

A: No. Enabling bulk transfers is a one-time setup. Once enabled, you can use bulk transfers anytime.

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