How to Receive token on RICE Wallet

Posted on May 25, 2022

If you are a beginner in the DeFi market, the first thing you need to do is create a personal DeFi wallet and store your private key in a safe place. After successful wallet creation, to start trading, you need to transfer assets to your wallet address. The Receive feature on RICE Wallet allows you to send tokens from another address to your wallet.

Follow these steps:

Step 1: Copy the wallet address

At the main screen, click to Receive
Choose any tokens
Copy the address or scan the QR code. Note, each wallet has only 1 address, this address is used to receive all the tokens.

Step 2: Send token from another address to RICE Wallet

Here is an example of the steps to send BNB from ONUS to RICE Wallet:

At the main screen, click on BNB
Select Send feature, then select On-chain (BNB network)

Enter the amount of BNB you want to send
Paste the wallet address you just copied in RICE Wallet into the box

Confirm sending information and verify transaction by OTP code
Check balance in RICE Wallet

Note:

1. It is recommended to transfer network tokens to your wallet before transferring other tokens, to pay gas fee when making transactions (Send On-chain, Swap, Token Approval):

ONUS – ONUS Chain
ETH – Ethereum, Arbitrum
BNB – BNB Smart Chain
MATIC – Polygon
AVAX – Avalanche C-Chain
FTM – Fantom

2. Transaction speed can take from a few minutes to several days, depending on the network and method of transfer (fast, normal, slow) you choose.

3. The entire Receive transaction can be checked on the network’s Block Explorer. See more how to look up transactions on Block Explorer.