How to transfer tokens

After receiving LRC-20 tokens into a wallet, users can transfer the assets directly on Bitcoin.

To do this using LrcWallet, users need:

  1. A wallet with tokens.

  2. Enough sats to cover transaction fees.

How to transfer

  1. Open up the LrcWallet and click on the asset you want to transfer.

  1. Once on the token page for the asset you want to transfer, click on the "Send" button.

  1. After clicking "Send," enter the information for your transfer (the recipient, amount, and fee rate). It's important to note that LRC-20 only supports P2TR addresses. Make sure your recipient is using a P2TR address. They can find this labeled as "LRC-20 Address" on the "Receive" page of their wallet.

  1. After inputting all the information, verify and sign the transaction.

  1. After signing the transaction, it will be broadcasted. Congrats! You just transferred LRC-20 tokens on Bitcoin.

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