How to transfer BENQI(QI) coins to other people?

To transfer Benqi(QI) coins, connect a reliable crypto wallet, specify the recipient's address, input the QI amount, select a fee network, and verify before confirming the transfer.

Dec 25, 2024 at 08:45 pm

How to Transfer BENQI(QI) Coins to Other People?

Key Points

Understand the QI token contract address.
Select a reliable crypto wallet.
Initiate a QI transfer from your wallet.
Confirm the transfer details.
Complete the QI transfer.

Detailed Guide

1. Acquire the QI Token Contract Address

The QI Token contract address is: 0x87294b963a9434fb4fdd5652c8bd9a5865189423

2. Choose a Trustworthy Crypto Wallet

Select a reputable wallet that supports QI transfers, such as:
- MetaMask
- Coinbase Wallet
- Trust Wallet
- Ledger Nano S/X
- Trezor Model T

3. Initiate a QI Transfer from Your Wallet

Connect your chosen wallet to Benqi.
Navigate to the "Send" or "Transfer" option within your wallet.
Specify the recipient's wallet address.
Enter the amount of QI you wish to transfer (in QI units).
Choose the appropriate transfer fee network and click "Transfer."

4. Verify Transfer Details

Review the transfer details, including the recipient's address, QI amount, gas fee, and network.
Ensure all information is accurate before proceeding.

5. Complete the QI Transfer

Confirm the transfer to broadcast it on the blockchain.
Await the transaction to be processed and recorded on the blockchain.

FAQs

Q: How long does a QI transfer take?
A: The transfer time depends on the network traffic and gas fee paid. Generally, it takes a few minutes to several hours.

Q: What is the minimum QI transfer amount?
A: The minimum transfer amount for QI is determined by the chosen network, typically ranging from 0.001 to 0.1 QI.

Q: Are there any fees associated with QI transfers?
A: Yes, gas fees are paid to process and validate QI transfers on the blockchain.

Q: Can I cancel a QI transfer once it's initiated?
A: No, once a QI transfer has been broadcast, it cannot be reversed.

Q: What should I do if my QI transfer doesn't arrive?

Confirm the recipient's wallet address.
Check the transaction ID on the blockchain explorer.
Contact the exchange or wallet support team.

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