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How to send tokens to multiple addresses in a single transaction with Coin98 Wallet

Publish by Coin98 Wallet at 27 September 2021

Ever find yourself knocking your head against a wall trying to send crypto to multiple addresses? That must have been super frustrating. Whether you need to distribute tokens for an airdrop, bounty program or just sending to many people, it’s super time-consuming and inconvenient. Well, we got good news.

Multi-send feature - Sending tokens to multiple addresses at the same time in just one transaction is now available on Coin98 Extension Wallet version 5.5.3 and Coin98 Mobile Wallet version 10.2.1, supporting up to 13 blockchains:

  • Ethereum (ETH & ERC20 tokens)
  • Binance Smart Chain (BEP20)
  • Solana (SOL & SPL tokens)
  • HECO Chain (HT & HRC20 tokens)
  • Avalanche C-Chain (AVAX-C & ARC20 tokens)
  • Polygon (MATIC & ERC20 tokens)
  • Fantom (FANTOM & FRC20 tokens)
  • TomoChain (TOMO & TRC21 tokens)
  • OKExChain (OKT & KIP10, KIP20 tokens)
  • GateChain (GT & GRC20, GRC721 tokens)
  • xDAI Chain (XDAI & XRC20 tokens)
  • Celo (CELO & CUSD)
  • Klaytn (KLAY & KIP7, KIP37 tokens)

This article will guide you through how to use the multi-send feature.

What is multi-send?

Multi-send is a feature of sending coins/tokens in custom quantities to multiple wallet addresses simultaneously with just one action.

Currently, the multi-send feature of Coin98 Extension Wallet has been available since version 3.3 and is available for Ethereum and ERC20 tokens. Coin98 Wallet has also integrated multi-send on Binance Smart Chain to send BNB and BEP20 tokens to many different wallet addresses.

Coin98 Mobile Wallet and Coin98 Extension Wallet have integrated multi-send supporting up to 13 blockchains: Ethereum, Binance Smart Chain, Solana, HECO Chain, Avalanche C-Chain, Polygon, Fantom, TomoChain, OKExChain, GateChain, Celo, Klaytn.

How to multi-send on Coin98 Extension Wallet

If you have not installed the Coin98 Extension Wallet, you can refer to our installation guide here.

Once you have the extension installed, please follow the guide below.

Step 1: Select The Wallet.

Step 2: Select Multi-Send.

Step 3: Let’s enter the first receiving wallet address, then Coin98 Wallet will display where to enter the number of tokens/coins you want to transfer and continue with other wallet addresses.

  • Adjust Gas Fee according to your needs (fast or slow processing speed). You can choose the gas fee level with the transaction processing speed. This is one of the outstanding advantages of Coin98 Wallet, helping you to be proactive in adjusting gas - speed, and at the same time increasing your ability to win the gas war.
  • Click Send to finish.
  • Don’t forget to store the corresponding platform coins for transaction fees.

The processing and completed transactions will be displayed in Coin98 Extension Wallet, you can use the corresponding Blockchain Explorer to check the coin transfer order as shown in the following example.

How to use multi-send on Coin98 Mobile Wallet

You can download the Coin98 Mobile Wallet version, which is now available on both iOS and Android.

After logging in to Coin98 Mobile Wallet, follow these steps:

Step 1: On the main screen, click Terminal.

Step 2: Select Multi-Send.

Step 3: Let’s enter the first receiving wallet address, then Coin98 Wallet will display where to enter the number of tokens/coins you want to transfer and continue with other wallet addresses.

  • Adjust Gas Fee according to your needs (fast or slow processing speed). You can choose the gas fee level with the transaction processing speed. This is one of the outstanding advantages of Coin98 Wallet, helping you to be proactive in adjusting gas - speed, and at the same time increasing your ability to win the gas war.
  • Click Send to finish.
  • To select other tokens that support multi-send, you can click on the token logo.
  • Don’t forget to store the corresponding platform coins for transaction fees.

Attention with multi-send tokens of Solana ecosystem (SOL & SPL Token)

Unlike other blockchains, Solana wallet has a different wallet format, which is hard for users to use. When it comes to Coin98 Wallet, it allows users to send SOL to multiple addresses and send SPL tokens natively to SOL address without having any SOL in the wallet with ease.‌

How it works when users send SPL tokens natively to SOL wallet:

  • SOL wallet with balance > 0, the system will automatically mint SPL wallet for that SPL token.
  • SOL wallet with balance = 0, the system will automatically mint SPL wallet for that SPL token and requests the sender for that fee.

You can follow the same above steps to complete transactions with the Multi-send feature on Solana (SOL & SPL Tokens).

And don’t forget to store SOL for transaction gas fee.

Why you should use this feature?

First, it’s free! Yes, you heard that right, multi-send is a free feature Instead of paying extra fees for 3rd-party apps, you can use this feature for free on our Extension Wallet.

Second, it’s super easy to use. Please check out our guide on the above section to see it for yourself :)

And did we mention about optimized gas fee? You can adjust the fee to match your needs. This function is well designed, unique and helps users fully optimize their rates. Soon we will support files import, which means you don’t have to manually import all the addresses

If you are having trouble sending tokens to multiple addresses at once or paying some fee to do this, the multi-send feature is created for you. It’s free, easy to use, and the transaction cost is optimized to help you save money and more importantly, your time. So what else are you waiting for? Install right now: chrome.coin98.com

About Coin98 Wallet

Coin98 Wallet is a non-custodial wallet used to store, manage, trade, and swap multi-chain, multi-source digital assets. It supports the most popular chains, including BTC, ETH, TOMO, Tron, Binance Smart Chain, Solana, Polkadot, Kusama, HECO Chain, Near, Avalanche X-Chain & C-Chain, Binance Chain, Celo, BandChain, Kava, Terra, Cosmos, ThorChain, Fantom, Polygon, Persistence, XDai, Kardiachain, Ronin, GateChain, OKExChain, Klaytn, .... Coin98 Wallet has both the Mobile App and the Extension version that act as a gateway, connecting users to the DeFi world.

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