Navigating the world of cryptocurrency transactions can be challenging, but the right tools can simplify the process. The Digital Gold wallet is a comprehensive solution for managing your DGD, offering a user-friendly interface and robust security features. In this guide, we will outline the essential steps to send and receive DGD using the Digital Gold wallet, empowering you to take control of your digital assets and handle your transactions with confidence and ease.
If you don't have a Digital Gold wallet yet, please follow this guide to download and install one.
TABLE OF CONTENTS
How to Send Digital Gold (DGD)
If you want to send Digital Gold to someone, you can send a fraction of a coin, for example: 0.001 DGD. DGD is the currency symbol for Digital Gold.
- Step 1: Go to the "Send" tab and you will see "Pay To", "Label" and "Amount" fields among others.
- Paste the recipient’s address into the "Pay To" field after copying it, either manually, using a keyboard shortcut (e.g. CTRL + V in windows or Command + V in Mac) or simply by clicking the paste icon on the right side of the field.
Click to access previously sent to addresses/labels list.
Click to paste your previously copied address.
Clear whatever was written/pasted in the "Pay To" field so you can start over.
- The "Label" field can be left blank, however you can use it to enter the recipient’s name for your convenience.
- The "Amount" field contains the amount in DGD you will send in this transaction. Only check the "Subtract fee from amount" option if you have to for some reason, it is not recommended to do so since you will end up sending less than the amount intended (because the fee will be deducted from the amount the recipient receives, thereby shorting the recipient.
The "Use available balance" button can be used if you want to send the total amount of DGD available in your wallet.
- Step 2: You will be required to unlock your wallet by providing your passphrase (if you previously encrypted/locked your wallet which recommended to do so, check this guide to learn how to do it)This is a security measure to confirm that you are performing this transaction.
- Enter your passphrase and click "OK"
- Step 3: Review and confirm the details of the transaction and click "Send".
Or click "Cancel" if you find any errors and you want to start over.
How to Receive Digital Gold (DGD)
You can receive DGD with your Digital Gold wallet by following these simple steps:
Go to the "Receive" tab
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