Nova Wallet: How to Transfer Funds Print
Modified on: Tue, 30 Apr, 2024 at 10:25 AM
Nova Wallet is a Polkadot wallet developed and maintained by Novasama Technologies. It is an open-source mobile app available for iOS and Android, funded by the Polkadot Treasury. Nova Wallet is compatible with many DApps and wallets in the ecosystem.
ℹ️ GOOD TO KNOW
If you have any questions about Nova Wallet, or run into any issues and require further assistance, feel free to ask our AI chatbot or contact us.
Alternatively, you can also read Nova's documentation or contact their team directly and receive speciliazed assistance from the team that developed the wallet.
You can contact Nova support on Telegram.
In this article, we'll show how to send funds out using Nova Wallet. We'll use the Android version of the app, but the differences are minimal.
TABLE OF CONTENTS
How to send funds on the same network
1. Open the Nova Wallet app. You'll see the default Assets tab with the information about your funds. Tap the "Send" button under your total balance:
2. Select what asset you want to send:
You can also use the search bar to search by network (e.g., Polkadot) or token (e.g., DOT).
3. By default, your funds will be sent on the same network. Now, indicate the account that will receive your funds. You can choose one of the accounts you added to Nova, paste any address, or scan a QR with an address:
4. Next, enter the amount you want to send:
Here, you can also see your transferable balance and the network fee you'll need to pay. Please note that the Existential Deposit is not included in the transferable balance here.
5. Tap "Continue" and check the details: the amount and asset, the network, your sender account, the destination address, and estimated fees for the transaction. If all the details are correct, tap "Confirm". If you want to change something, tap the back button on the top left.
6. Sign the transaction, and that's it! Your transfer will be broadcast to the network in a few seconds, and the funds will reach the recipient.
How to send funds cross-chain
⚠️ ATTENTION
Most exchanges don't support cross-chain transfers!
If you are sending to an exchange, make sure you select the token on its native chain in Step 2 and send it to the same destination chain in Step 3.
If you need to transfer the token to a different chain, transfer it cross-chain to your own account first, then make a regular transfer on the same network to the exchange account.
If you select a different network when sending to an exchange, your funds could be lost!
1. Open the Nova Wallet app. You'll see the default Assets tab with the information about your funds. Tap the "Send" button under your total balance:
2. Select what asset you want to send:
You can also use the search bar to search by network (e.g., Polkadot) or token (e.g., DOT).
3. By default, your funds will be sent on the same network. To change the destination network, tap the name of the destination network and choose a different one:
4. Now, indicate the account that will receive your funds. You can choose one of the other accounts you added to Nova, paste any address, or scan a QR with an address:
5. Next, enter the amount you want to send:
Here, you can also see your transferable balance and the network fees you must pay. Please note that when you make a cross-chain transfer, you pay two network fees: one on the source network (here, Polkadot) and one on the destination network (here, Polkadot Asset Hub).
6. Tap "Continue" and check the details: the amount and asset, the source network, your sender account, estimated fees for the transaction, the destination network, and the destination address. If all the details are correct, tap "Confirm". If you want to change something, tap the back button on the top left.
7. Sign the transaction, and that's it! Your transfer will be broadcast to the network in a few seconds, and the funds will reach the recipient on another chain.
Did you find it helpful? Yes No
Send feedbackDisclaimer: We always strive to provide you with the best support we can and we take all care to ensure that our instructions are accurate and concise. However, following these instructions properly, as well as the general management of your accounts and funds, is ultimately your responsibility. Web3 Foundation cannot be held liable for any accidental loss of funds or any other damage you might incur.