TOKENS
How to Send FTI Tokens in Bulk or in Multiple Batches

2024-04-13 04:07:19
by Zloadr Tools Team
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In the fast-paced world of digital transactions, the need to efficiently distribute tokens can be pivotal for businesses and blockchain projects.

Whether you're conducting an airdrop to reward early supporters, paying out dividends in tokens, or simply transferring tokens to multiple stakeholders, the ability to send these tokens in bulk or in batches is crucial. This guide will walk you through the process of using Zloadr's Multi-Send Tokens tool to send FTI tokens to multiple recipients swiftly and securely.

Step-by-Step Guide Step 1: Connect to a MetaMask Wallet

Action: Click on the "Connect" button on Zloadr's Multi-Send Tokens tool interface. This action links your MetaMask wallet to the application, enabling it to interact with your wallet for token transfers.

Step 2: Enter Token Contract Address

Action: Input the contract address of the FTI token into the designated field. This identifies the specific tokens you wish to distribute in bulk.

  • Details Needed: You need the Ethereum address of the FTI token contract. After entering this, click "Fetch Token info" to display the token's details like its name and decimal precision.
Step 3: Parse Data

Action: Paste a list of recipient addresses and the corresponding amounts of FTI tokens to be sent to each address in a CSV format. The format should be address, amount, and entries can be separated with a comma, tab, or space.

  • Details Needed: Make sure the token amounts align with the token's decimal precision. Click "Parse" to validate and organize the data for sending.
Step 4: Confirm Amount to be Sent

Action: Review the total amount of tokens displayed after parsing the data. Confirm the bulk send operation by clicking "Approve BulkSend to send tokens".

  • Details Needed: Verify that the total amount displayed matches your intent to send.
Step 5: Bulk Send Tokens

Action: With the approval complete, you are now ready to execute the bulk send operation. Click "Send Batch" to start the process of sending the tokens to the specified addresses.

  • Details Needed: No further details are needed; you only need to confirm this action.
Important Considerations
  • Gas Fees: Be aware that bulk sending tokens will incur gas fees, which depend on the current network conditions and the size of your transaction.
  • Token Ownership: Ensure that you have sufficient FTI tokens and Ethereum (ETH) for gas fees.
  • Security: Double-check all recipient addresses and amounts to prevent errors, as blockchain transactions are irreversible.

This guide provides a streamlined approach to using Zloadr's Multi-Send Tokens tool, enabling you to efficiently distribute FTI tokens to multiple recipients. It's recommended to perform a test transaction with a small amount before proceeding with the full batch to ensure everything functions as expected.

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