On Canton, money sent to you does not land in your account by itself. You have to accept it, and that acceptance is a transaction on the network, so it carries a network fee. You pay it for every incoming transfer.
Turning on One-step Transfers removes that. Incoming transfers arrive on their own, you do nothing, and there is no acceptance fee at all.
This is one of the settings we recommend turning on before you send or receive anything.
How to turn it on
The wallet offers this for Canton Coin when you first open it. If you skipped it, you can turn it on at any time:
Open Settings from the left menu.
Find the panel called One-step Transfers.
Switch on Accept incoming CC automatically, which covers incoming Canton Coin.
Switch on Accept utility transfers automatically, which covers incoming utility tokens.
Under Accepted utility tokens, choose Manage to pick which issuers that second switch applies to, so you stay in control of which tokens are included.
There is a picture of this panel in Your first steps in Loop.
What does it cost to turn on?
For Canton Coin, setup is a single small transaction and Loop covers it with a one-time credit, once per wallet. There is no cost to you. Where the credit applies, the screen says so before you confirm.
For other supported tokens, one-step transfers are enabled separately, and that setup is a small transaction paid from your Fee Balance. The wallet shows you the fee before you confirm.
Either way, once it is on, accepting incoming transfers of that asset costs you nothing, every time.
Can I turn it off?
You can, though we do not recommend it. With it off, you have to accept every incoming transfer by hand, each acceptance carries a fee, and until you accept it, the money does not reach your account.
There is a second reason to leave it on. Accepting by hand needs Fee Balance, so if your Fee Balance ever runs out, incoming money waits rather than arriving. With one-step transfers on, that does not happen for the assets they cover.
Is it safe?
Yes. You are automating the acceptance of money sent to you. You are not giving anyone permission to spend your funds, and you are not handing over control of your wallet.
Is it worth it for other tokens?
Almost always. The one-off setup costs roughly what a single manual acceptance costs, so it pays for itself after the second incoming transfer of that asset. If you only ever expect to receive a token once, leaving it off is reasonable.
If something is not working
Message us from this page, or write to [email protected], with your party ID and the exact error you saw.
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