Yes it’s possible to use a transfer plate to adapt cookware that’s not induction compatible, but it’s very inefficient. One of the benefits I appreciate of induction cooking is not heating up my house while cooking - a transfer plate would negate that.

I understand not everyone wants to buy or can afford new cookware, but cast iron pans are very cheap. Also see brands such as t-fal that make affordable non-stick aluminum cookware with a small steel bottom to make them induction compatible.

Not all kinds of steel have strong magnetic properties. I had to buy a new pan when I moved to induction because my steel pan didn't work at all.