You can transfer your character from GTA Online and all your progress from PlayStation 4 to PlayStation 5 Really really simply by following these steps Once you load up the next gen version of GTA Online just continue and you will get this lovely intro screen which you can watch Once the intro video finishes you will see your GTA Online Character there which you can migrate over to your next gen console be careful as it says there if you migrate this character to your next gen console It will remove all your GTA Online progress from your last gen console So let's select migrate and you get this warning here as well If you migrate you will lose all your previous data on your last gen console So please be very careful when you do this for example if you currently play on ps4 or Xbox one Then you migrate to the new system the Xbox series X or S or PlayStation 5 You will no longer be able to continue with this character save on your Xbox one or your ps4 Then once you confirm you get success and there we go. We are ready to rock Very very simple. There we go character one and I still got another available slot for another character Just like that you are in GTA Online on your next gen console