Some regulated digital assets listed on NexPlace are transfer-restricted. This is common for regulated instruments distributed under specific eligibility rules..
What “transfer restricted” means
A transfer‑restricted asset can only be transferred between approved (whitelisted) wallet addresses. Transfers to non‑approved addresses are blocked.
Why transfer restrictions exist
- Regulated distribution: ensures the asset moves only between eligible, verified holders.
- Investor protection: reduces the risk of unauthorized transfers or fraud.
- Operational alignment: enforces the asset’s legal terms (RID / term sheet).
What this means for NexPlace users
- To withdraw a transfer‑restricted asset to your own wallet, you must whitelist your Liquid wallet address / AMP ID via the issuer (for example, NexBridge OTC Desk).
- If you change wallets, the new wallet must also be whitelisted before you can use it.
- You should keep a small amount of LBTC in your wallet to pay Liquid network fees when you later move the asset.
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