The main utility of Xfer is to provide a secure and convenient way to transfer assets.
When you make a transfer, there's a risk of making typos in the recipient's username or the memo field, especially when dealing with exchanges where a correct memo is required. With Xfer, you can set up predefined routes with the right recipient and memo. This way, you only need to remember your route name when making transfers.
This is particularly useful for users who regularly send funds to specific accounts or exchanges.
