Send crypto for free using SendIt Gasless

by

Ronak Kadhi

Announcements

|

May 20, 2024

In the world of cryptocurrency, gas fees—the costs required to process transactions on a blockchain—can be a big pain point. They change frequently, sometimes suddenly, making even small transactions expensive and discouraging people from completing them.

Our team at SendIt has heard your concerns about the fee issues in cryptocurrency. We're excited to roll out our new 'Gasless' feature, a solution that lets you send cryptocurrency to anyone in the world using just an email address without paying those pesky gas fees. This update not only makes transactions smoother but also removes the financial barriers that often push casual users away. By getting rid of these fees, SendIt is not just improving the user experience—it's making the crypto world more inclusive and easier for everyone to get into. This is a big step towards making digital currencies a regular part of our daily financial lives, and we're thrilled to have you on this journey with us.

But how does it work? Here is a step-by-step guide 

How does it work?

Step 1: Login into SendIt 

Step 2: Allow creating a Gasless wallet aka smart account (smart contract wallet) 

Now you will have two wallets which can be seen under the “Wallet” section. 

Step 3: Under “Send” start filling in the necessary details. Example: Email ID or Twitter ID of the receiver, Type of token to be sent and the amount.

Please note that the Gasless feature is currently available only on the Polygon chain. Therefore, when selecting the chain, please ensure that you choose Polygon. 

To enable Gasless transactions, please select "Smart Account" as your source of funds. Once you have done this, the entire dialog box will appear as follows:

Step 4: Click Send It and approve the transaction in your Arcana wallet 

In the wallet section, you can see that the transaction goes through without any Gas Fees. 

The "Gasless" feature by SendIt represents a pivotal advancement in the democratization of cryptocurrency. By eliminating the cost barrier associated with gas fees, SendIt is not only making crypto transactions more accessible but also more appealing to a broader audience. 

This innovation could pave the way for further adoption of cryptocurrency as a mainstream medium of exchange, highlighting Arcana's commitment to making the crypto world more inclusive and user-friendly. As the Web3 space continues to grow, features like these are vital for fostering an environment where technology contributes tangibly to reducing financial inequities.

About Arcana Network

Arcana Network is a UX-focused Validium chain dedicated to improving Web3 UX with a suite of products for developers and users. Its offerings include Arcana Auth for seamless user logins and web3 wallets on dApps, Arcana Gasless for frictionless Web3 transactions, and SendIt for simplified crypto transfers​. We are also working towards Chain abstraction. 

By addressing challenges like user onboarding, complex user interfaces, and transaction costs, Arcana is fostering a more user-friendly and inclusive web3 ecosystem

Stay updated through our communities for real-time updates, insights, and essential announcements:Website | Telegram | TG Announcement | Twitter | GitHub |

May 20, 2024
Announcements

by

Andria Efstathiou

Schedule a Demo

The call is completely free and no commitment is required.

Copyright © Arcana Technologies Ltd. All rights reserved.

Schedule a Demo

The call is completely free and no commitment is required.

Copyright © Arcana Technologies Ltd. All rights reserved.

Schedule a Demo

The call is completely free and no commitment is required.

Schedule a Demo

The call is completely free and no commitment is required.

Schedule a Demo

The call is completely free and

no commitment is required.