Upgraded Cardano Typhon Wallet Allows You To Send ADA To Multiple Recipients in One Transaction

Typhon Wallet, a Cardano-powered crypto wallet is changing the narratives by presenting a very rare transfer feature to the cryptocurrency ecosystem. The recently introduced ‘multi-address transaction support’ element on this wallet, allows users to send ADA and other tokens to more than one recipient in a single transaction. Thereby reducing transaction fees for users.

📢📢 New Wallet Release 🌟 2.2.0 ✅

Multi Address Transaction Support
🔥🔥🔥🔥🔥🔥
Now send ADA/Tokens to multiple recipients in a single transaction, and also include metadata! AND save your previous ADA in fees!#Cardano $ADA @cardano @cardano_whale pic.twitter.com/lZto301h8a

— Typhon Wallet (@TyphonWallet) June 27, 2022

Typhon Wallet Now Supports Multi Recipients Transfers

Conventionally, crypto users can only send coins/ tokens to one wallet address per transaction. Assuming you want to send crypto to seven of your friends, you will have to initiate seven transfer operations.

While this could be a bit stressful, you also incur charges because with every transfer comes accompanying transaction fees. However, transaction fees vary depending on the blockchain network used to carry out the operation.

The Typhon Wallet new version 2.2.0 release changes everything. With this latest upgrade on the Cardano wallet, users can now transfer ADA and other supported cryptos to more than one address in one go.

Notably, the operation does not charge a single fee. According to Typhon Wallet, it charges “just a pinch more than a single fee,” claiming that it is hugely less than performing two or more separate transactions.

Just a pinch more than a single fee, but HUGELY less than doing 2 separate transactions. Git a shot and see the difference, you will be surprised 😉

— Typhon Wallet (@TyphonWallet) June 27, 2022

Ultimately, this development enables users to save previous ADA in fees while also giving room for the addition of metadata, per the announcement.

Discovering Typhon Wallet

The Typhon wallet is said to be a fast, secure as well as feature-rich web and extension Cardano wallet. Typhon is fully compatible with other Cardano wallets like Daedalus.

With the wallet, users can transfer native tokens, and other metadata registered tokens. Also, users can stake ADA, and transact ADA securely using Ledger Nano S/X and/or Trezor T.

More so, the wallet allows users to send, receive and also view Cardano-based non-fungible tokens or CNFTs.

In addition, users can store ADA in totally different wallet accounts without managing multiple seed phrases. Notably, the Typhon wallet supports 12, 15, and 24-word seed phrases.