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transferring-siacoins.md

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Transferring Siacoins

Whether you're sending Siacoins to an exchange or receiving from a friend, renterd facilitates the transfer of Siacoins (SC) and is easily achieved via the UI.

Sending Siacoins

Go to renterd. If you're asked to unlock the UI, use your custom password if you've set one. If you haven't got a wallet set up renterd, visit our Setting up renterd guide; otherwise, choose from the sidebar a Wallet.

Setup your transaction

Click on the Send button. Enter the recipient's wallet address and the amount of Siacoins you want to send.

Sending Siacoins via renterd

{% hint style="warning" %} Siacoins sent to mistyped addresses or addresses of other types of cryptocurrency can not be retrieved. {% endhint %}

Click Generate Transaction.

Confirm your info

Next, you need to confirm everything. You'll have a chance to double-check the amount and recipient address. The window will also show you estimated network fees.

Confirming your transaction

Click Setup to change something. If it's all good, click Broadcast transaction.

Confirmation of a successful transaction broadcasted

You'll immediately get a confirmation that your transaction has been successfully broadcasted.

Checking the status

By looking at the transactions in the Wallet section of the UI. It's normal to see Unconfirmed as the latest transaction, which means the transaction is on its way but hasn't yet appeared in a block.

renterd wallet transaction list

{% hint style="info" %} The transaction might take a minute or two to appear in the wallet's transactions list. {% endhint %}

Once it's in a block, you can check the status and see a new transaction type of siacoin transfer.

Receiving Siacoins

Go to renterd. If you're asked to unlock the UI, use your custom password if you've set one. If you haven't got a wallet set up renterd, visit our Setting up renterd; otherwise, choose from the sidebar a Wallet.

Sharing the address or QR

Copy and paste your address manually, or use the Copy button to the right to ensure you get the full address without any extra spaces, and provide this address to whomever you're receiving the funds from.

You can also receive Siacoins by sharing your QR code for others to scan.

Getting the address and QR of your renterd wallet

You can check the transaction status by going to your Dashboard and selecting the wallet you made the transaction with. It's normal for unconfirmed transactions to say Unknown. It means the transaction is coming but hasn't yet appeared in a block.

{% hint style="info" %} The transaction might take a minute or two to appear in the wallet's transactions list. {% endhint %}

Once it's in a block, you can check the status and see a new transaction type of siacoin transfer.