Bitcoin, Ether, and other assets are often expressed in many decimal places, for example 0.0000085191. It’s hard to type the total amount accurately and efficiently when sending money to an individual or business to purchase an asset, such as an NFT, or when depositing funds into a smart contract. Including the“Send Max” button in applications, allowing users to transfer their entire wallet balance to another address with one click.
This is convenient when the balance of a person’s wallet is equal to or slightly higher than the sum they need to transfer; some users have multiple wallets, which increases the likelihood of these occurrences. They can send the full balance, and the function automatically converts it to bitcoin or ether.
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