how to transfer nft from opensea to trust wallet
OpenSea is the world’s first and largest NFT marketplace where you can find all kinds of digital assets. In addition to digital assets, you can also get collectibles, favorites, and digital representations of physical assets. In simpler terms, OpenSea is like special online shopping done for millions of NFTs under hundreds of categories.
When you first visit OpenSea, you may be a bit surprised and confused about the choice of NFT. So as a beginner, start looking for things you know, like in-game assets, digital assets and lower priced NFTs.
In terms of NFT trading volume, OpenSea holds the first place. To overcome Ethereum’s high gas fees and low transaction speeds, they use Polygon and Klaytn. On Rarible, it allows their customers to connect their unattended wallets. It means that the platform is decentralized and no third parties are involved in the transactions.
All your NFTs are stored on the blockchain and for convenience they will be displayed on your account in Rarible. You can track all your NFT transactions made on the platform with a few steps.
Whether you are an NFT creator, collector or follower, it is essential to know how to transfer your NFT from one wallet to another. Your NFT transfer needs may vary. This article discusses the four main steps to transferring your NFT from wallet to wallet. These steps are easy to follow and the transfer can be done without any problems.
How to transfer your NFT
Follow the simple steps below to transfer your NFT to another wallet or ENS.
- Initially, go to the required wallet, from where you will transfer your NFT. It can be OpenSea or Metamask, and select NFT to transfer and click Submit.
- Enter the public wallet address where you want to transfer the selected NFT.
- Next, you have to pay the transaction fee.
- You can then verify your transfer on Etherscan.io.
Here is a general step-by-step guide to transferring your NFT from one wallet to another. With regards to your platform (Metamask, OpenSea, etc.), from where you will be transferring your NFT, the instructions may or may not be similar. However, the transfer target can be safely achieved. This article focuses on the OpenSea platform. From there, we will transfer our NFT to the recipient’s wallet address.
Step 1: Go to your account and select the NFT you want to transfer
As an OpenSea user, go to your account and select the NFT you want to transfer. In the top right corner you can find the transfer icon. Click on it to start the transfer.
Step 2: Enter the Recipient’s Wallet Address or ENS
After selecting the NFT you want to transfer, you must enter the recipient’s wallet address or ENS. ENS- Ethereum Name Service, like DNS (Domain Name System), created for cryptocurrency and used on Web 2.0. The wallet address starts with 0x and if it is ENS, it ends with .eth.
Step 3: Pay Transaction Fee
After verifying the recipient’s address, you must pay the transaction fee. It can cost between 50 and $15 as a fee to transfer your NFT. You can choose to trade slow or fast. If you want to spend less amount as a fee, choose slow transaction. With a little more money, you can make transactions quickly. It only changes with the transfer time and does not affect the safety.
Depending on your selection, the transaction speed may vary. So make no mistake; It may take a few minutes to complete the transfer. To confirm the transfer, you will receive a notification.
Step 4: Use Etherscan to verify your transfer
In Etherscan.io you can verify if your transfer is complete or not. You can also view it using the Activity tab present on your wallet account. There you can find all recent activities. Select the required transaction for verification and then select View on Etherscan. With this you can find all transaction details with Ethereum Blockchain Explorer.
If the status is green, the transaction has been completed successfully. You should double check the status of your remittance. Using Etherscan, you can check the status of a transfer by timestamp, fee, recipient address or ETH value.
Instructions for transferring your NFT safely
Generally, your NFT transfer should be completed without any problems. Furthermore, there are some considerations or guidelines that you must be aware of in order to have the safest and most secure money transfer possible.
Make sure you are following the guidelines provided below:
- Do not share your wallet seed phrase:
If you give your seed phrase to anyone, they can easily access your wallet. Never provide your seed phrase or any other information regarding your wallet. For more on this, you can read Your NFT Secure Storage.
- Double check the recipient address you are sending to:
You should always check that you are entering the correct address to which you want to transfer the NFT. If you have moved to the wrong address, there is no way to get your NFT back. Only possible if the recipient sends back your NFT.
- Go with the Quick Transaction option when sending an NFT:
You should choose the Quick Deal option; it requires a little extra money from the slow transaction. However, the trade will be executed successfully on either option. Go with the Quick Trade option for the best results and confirmations, fast.
- Unless payment is received, Do not send your NFT:
If you’re expecting a payout in return for sending NFTs to another user, it’s a good way to get the payment to your wallet before transferring. Always be sure with the currency and amount of the payment received in your wallet before transferring your non-fungible token to someone else.
Inference:
Moving your NFT from one wallet to another must be done with care. If any mistake happens, it will lead to a big loss for you. Money transfer possible, if you want to send NFT to your friends or customers? If you want to transfer your money from one wallet to another. The reasons can vary but the goal is to transfer it safely. We have covered four steps to transfer and verify the status of your NFT transfer to another wallet. Furthermore, we’ve covered safety guidelines to follow to secure your wallet and the NFTs you own.
