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send-and-receive-fct.md

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Send and Receive FCT

Sending Factoids

  1. Click transactions on the lefthand panel
  2. You'll see a yellow + button at the bottom right, hover over it and it'll expand showing NEW TRANSACTION, click it
  3. Select SEND FACTOIDS.
  4. A new page will show up. Paste the recipients FA address into the “Send to” field.
  5. Now add how many Factoids you wish to send and click VIEW TRANSACTION. Enterprise wallet will automatically add the fee.
  6. You now have the following options:
    1. Change the transaction with EDIT TRANSACTION
    2. Cancel with the X at the top right
    3. Complete the transaction with SEND TRANSACTION
  7. If you choose to send the transaction, the wallet will prompt you with the outcome of the transaction as well as the Transaction ID as shown below.

Transaction sent prompt.

{% hint style="info" %}

  • transactions on the Factom blockchain confirm every 10 minutes {% endhint %}

Advanced Factoid transactions

{% hint style="info" %} You can use the instructions below if and when it’s required to have more control over your transactions. For example:

  • Multiple input/output addresses
  • Specify address that pays fee {% endhint %}
  1. Go to settings and check “Enable coin control (specific or multiple input addresses for new transactions)”, remember to save the settings.
  2. Follow the instruction from "Sending Factoids" up to point 3.
  3. The SEND FACTOIDS page presents you with quite a few more options. You can now specify several things such as:
    1. One or more FA address to send from
    2. One or more recipient addresses
    3. The address that pays the fees
    4. Make sure you have enough FCT balance
  4. Have a play around with the various options and combinations, use EDIT TRANSACTION to modify or the X at the top right to go back to the transactions list.
  5. Double check all details before using SEND TRANSACTION, if in doubt you can always try later when sure, transactions in Factom are irreversible.
  6. If you choose to send the transaction, the wallet will prompt you with the outcome of the transaction as well as the Transaction ID as shown below.

Transaction sent prompt.

See figure below for an example with following inputs:

  • One input address, one recipient.
  • 0.1 FCT is being sent to recipient.
  • Fees are paid by the source.
  • GET INPUT NEEDED is used to see how much the transaction would cost in total, including the fee.

Coin-control features enabled

Receiving Factoids

  1. Click transactions on the lefthand panel
  2. You'll see a yellow + button at the bottom right, hover over it and it'll expand showing NEW TRANSACTION, click it
  3. Select RECEIVE FACTOIDS, a new page will show up.
  4. From the "receiving address" dropdown menu choose the address you wish to use.
    1. If the list is empty or if you want to specify a new address, click the MANAGE ADDRESSES button above the dropdown menu to add an address to your list.
  5. Now simply click the COPY TO CLIPBOARD button and paste to wherever you wish to send FCT from.

{% hint style="info" %} The tx ID is a very useful way to verify that FCT have moved to the correct address. We recommend noting it down especially when sending or receiving to and from a third party. {% endhint %}