When you purchase a specific Set, be it a roboset or a social trader’s, you receive an ERC20 token that represents your redeemable pro-rata ownership of your assets in the Set. As you may have noticed, Tokensets provides different methods by which you can either create a wallet or connect your own. In either case, because you own the ERC20 token representing the Set, you have the option of transferring it to any wallet you own after purchasing it. Tokensets provides a super simple UI for you to do so, and we’ll walk through an example of what it looks like.
Steps To Sending A Set
1. Go to Tokensets and log into your account. For purposes of this walk through, we will be using the email login method. Make sure you are logging in with the same email or wallet that you used to purchase the Set. This is a common point of confusion! If you use a different wallet, the Set ERC20 token will not show.
2. Navigate to “My Account” under the “Account” tab on the top right of the website.
3. If this is the same wallet you used to purchase the Set, you should see a balance showing what you have in ETH and the Set ERC20 token. If you don’t see what you expected, please double check that you are using the right wallet!
4. On the top right, of the “My Account” page, you will see two buttons: Receive and Send. Receive will display your wallet address in case you need to receive any ETH or Set ERC20 Tokens (or double check that this is the correct wallet). For the purposes of this tutorial, we will be clicking on Send.
5. The default shown is your Ether balance, but clicking on the “Token” dropdown will show you your balance of ERC20 Set Tokens.
6. Make sure that the address you are sending tokens to is an account that you own! If you send it to an exchange like Coinbase or Binance, you won’t be able to access your Set ERC20 tokens in those exchange accounts since Sets aren’t currently supported yet on those exchanges. Let’s begin by only sending a small amount of ETH as a test. As a general security precaution, we want to make sure our addresses are correct and nothing funky is happening.
7. Sometimes the transaction takes longer than expected and you may have this window pop up.
8. Not to worry, clicking on “Link To Transaction” will let you view the transaction on Etherscan in real time. Mostly, it just takes a little extra time to resolve.
9. Confirm that you have received it in your wallet, and you’re all set to send the remaining Set!
10. Ready the transaction like we did last time. Except this time, select the Set ERC20 Token instead of ETH.
11. Like last time, if the transaction takes too long, you can monitor its progress on Etherscan by clicking “Link to Transaction.”
12. Now, you may notice that you don’t see your Set ERC20 Token in your wallet. Don’t worry! Most wallets don’t come inbuilt with the ability to view all Set ERC20 Tokens, but they do let you add tracking. For this guide, we will walk through how to add tracking on Metamask, but other wallets should, more or less, be the same. We will go through the lengthier process with Metamask since it is more generalizable, the quicker one is here.
Adding Tracking For Set ERC20 Token
13. Hit the triple dash nav bar icon on the top left of your Metamask account. Under it, you should see an option to “Add Token” at the bottom.
14. You will see two tab options, “Search” and “Custom Token,” click on “Custom Token.”
15. To find the token contract address, you can pull it from the “To:” row of your Etherscan page. Alternatively, you can go back to “My Account” on Tokensets and scroll down until you see the “Transactions” area.
16. Click “View” on the transaction in the list that is transferring your Set ERC20 Token to your wallet. That will take you back to the Etherscan page displaying your transaction from before. Under the “To:” row, you will find the contract address. Copy that address and paste it under “Token Contract Address.”
17. The rest of the values should autofill, but if they don’t, “Token Symbol” is just the ticker of the Set ERC20 token that you bought, in this case it was BYTE. For decimals of precision, put 18. All Sets use 18 decimals places. Hit confirm on the next page, and you have now successfully transferred and added your token! To confirm, click on Metamask’s navbar again and you should see your Set ERC20 token there.