Before you can send or receive ADA, ensure your wallet is fully set up. When creating a wallet, you will receive:
Wallet Address: Used to send or receive ADA.
Seed Phrase: A 12–24 word recovery phrase that allows you to restore your wallet.
Password: Used to access and secure your wallet.
⚠️ Important: Never share your seed phrase with anyone. Sharing it gives others complete control of your funds.
How to Receive ADA or Tokens
To receive ADA or tokens/NFTs, share your wallet address with the sender. It works similarly to sharing your email address for receiving messages.
Steps to Share Your Wallet Address:
Open your wallet application.
Click on the “Receive” option.
Click on “Copy Address” to copy your unique wallet address to the clipboard.
Share the copied address with the sender.
If someone has your wallet address, they can send you ADA or Cardano-based tokens/NFTs directly.
How to Send ADA or Tokens
To send ADA, you need the receiver’s wallet address. Then, open your wallet application and click on the “Send” option.
Steps to send ADA
Paste the recipient’s wallet address into the designated field.
⚠️ Double-check the address to ensure it’s correct.
Enter the amount of ADA (or tokens/NFTs) you want to send.
Review the transaction details and click “Send” to confirm the transaction.
Tips for Safe Transactions
Always verify wallet addresses before sending funds. Copying and pasting the address helps avoid errors.
Test with a small amount if you’re sending ADA to a new wallet for the first time.
Keep your seed phrase secure: Write it down and store it in a safe place.
