With the unique ability to store and transfer assets in the forms of digital art, music, collectibles, etc., NFTs (Non-Fungible Tokens) have grown significantly in popularity.
Despite being among the best of the bunch in holding, transacting, and staking tokens, MetaMask wallet doesn’t have the capability to send multiple NFTs at the same time. This may cause some hassle in transactions, especially for digital creators and other people who intend to distribute a couple of collectible items to a large number of people.
Indeed, the hassles make it difficult, but it’s not impossible. In this article, we'll discuss how to send multiple NFTs from the MetaMask wallet and how to use the same method to send multiple regular tokens simultaneously.
Importance of Making Bulk Crypto Transfers
Despite being uncommon, bulk transfers are an essential feature of crypto transactions, especially for project owners, collectible creators, digital artists, and others who need to send multiple transactions at the same time. Bulk transfers save time, effort, and, more importantly, money, as they facilitate transactions with cheaper fees.
Since users don’t need to process each transaction one at a time (which would require a fee per transaction), bulk transfers allow you to send multiple transactions with a single transaction fee, which could accumulate huge savings, especially if you frequently use the feature.
Another advantage of bulk transfers is that they simplify the process of sending multiple transactions. Rather than manually initiating each transfer, bulk transfers allow you to send all transactions with just a few clicks. This saves you time and effort and reduces the likelihood of errors. Typically, if you wanted to send ten different NFTs to 10 different people, you would have to initiate each transaction differently, repeating the process ten times, which can be time-consuming and complicated; however, with bulk transfers, you can do more with less.
Crypto Bulk Payments on Cwallet
Cwallet is a unique crypto wallet that allows users to interact with cryptocurrencies with several advanced features. One such feature is the bulk payment tool, which allows you to easily process multiple NFT transactions simultaneously, including those in your MetaMask wallet.
Executing bulk transactions with Cwallet is pretty straightforward; all you need to do is sign up, log in to your Cwallet account, and locate the “Bulk Payment” option from the available tools. From here, you’ll be prompted to select the asset type (regular token or NFT), choose the blockchain network associated with the NFT, input the correct contract address, and then enter the receiving information for all recipients, either manually or via a spreadsheet. This will include their wallet addresses, tokens to be sent, and any other information. You’ll also be required to connect your MetaMask wallet so that the app can read the assets within.
Once you've entered all the required information, double-check everything and follow the prompts to finalize the transaction. You’ll need to approve the transaction on your MetaMask wallet, after which the transaction will be sent to all recipients simultaneously. As a result, you will only need to pay a single transaction fee, making it a cost-effective way to send multiple NFTs.
After doing this, you’ll be presented with a final list where you’ll see the list of transactions, their statuses, and the transaction hash to confirm/verify on the blockchain.
This method can also be used to send regular tokens such as Bitcoin, Ethereum, USDT, etc.
Troubleshooting Common Issues With The Cwallet Bulk Payment Tool
The Cwallet Bulk Payment tool is quite straightforward; however, if you face any issues, you should check that you have satisfied all the requirements below.
- Fund Your Wallet With The Required Token: If you don't have enough tokens (whether NFT or otherwise) in your MetaMask wallet, the transaction will fail; hence, ensure you have the required NFTs in your MetaMask wallet.
- Fund Your MetaMask Wallet With Sufficient Gas Fees: Cwallet charges ZERO fees for processing the transactions; however, you’d pay gas fees to the network from your MetaMask wallet. Ensure you have the correct fees, depending on the network you use to process your transactions.
- Enter The Correct Contract Address: Entering the wrong contract address will cause a failure, as the Cwallet Bulk Payment Tool will not correctly load the assets. Hence, make sure to double-check the contract address before proceeding. You can check the project’s website, social media pages, or on blockchain explorers to get the correct contract address.
- Check Recipient Information: You must enter the correct information for each recipient, including their wallet addresses and the tokens to be sent. Sending an NFT to the wrong address can result in the loss of the asset, and the transaction cannot be reversed. So, it is imperative that you double-check all recipients’ information before initiating the transaction.
Sending multiple NFTs from your MetaMask wallet can be time-consuming and daunting, but the Cwallet Bulk Payment feature makes it easy and fast. By following the steps outlined in this guide, you can easily use Cwallet to send multiple NFTs to different recipients.
Don't let sending NFTs become a hassle; try out the Cwallet Bulk Payment feature today and experience the convenience of sending multiple NFTs simultaneously!