Internal Transfers
Cheap transfers between Demex users
Last updated
Cheap transfers between Demex users
Last updated
Internal Transfers refer to the act of transferring tokens on Demex to other users of Demex or Carbon (or your other accounts).
By transferring in this manner, you can send tokens to your own other wallets (or your friends') at an extremely low cost, as the tokens never leave the Carbon blockchain.
Internal transfers always cost 1 $SWTH (~$0.004) only!
This following walkthrough demonstrates how to send tokens from a Carbon address to another, using $SWTH as an example.
Step 1: Navigate to the Demex website and select 'Balance' from the menu located on the right-hand side.
Step 2: Click 'Withdraw' to beside the token you wish to send.
Step 3: Choose 'Internal Transfer' under 'Select Network'.
Step 4: Enter the recipient's 'swth1...' address and select the amount you wish to transfer.
Step 5: Click the "Withdraw" button, and then verify and authorize the transaction that appears on the pop-up window in your wallet.
Step 6: To track the status of your transaction after withdrawing your tokens, navigate to the "Internal Transfers" tab of your profile.
Congratulations, you have successfully transferred your tokens!