Introduction

Waves allow you to hold and transfer Bitcoin Cash on its blockchain. This works through a so-called Multigateway approach: Bitcoin Cash sent to a user's deposit address available in the Waves wallet and after the deposit the user receives a Bitcoin Cash token (wBCH) issued in the Waves blockchain. Every single Bitcoin Cash token is backed 1:1 with the real Bitcoin Cash.

Read more about What is a payment gateway?

How to receive Bitcoin Cash

Open your Waves app and log in to your Account. At the bottom of the interface, click on the and click on the Receive.

The following window will appear. Tap on the Asset and choose Bitcoin Cash from the drop-down menu.

Before proceeding please carefully read the conditions:

The minimum amount of deposit is 0.1 BCH

If you will send less than 0.1 BCH, you will lose that money.

Send only BCH to this deposit address

Sending any other currency to this address may result in the total loss of your deposit.

After that click on the Continue.

The following window will appear.

There you will find Bitcoin Cash address of your account. Copy it by clicking on the Copy or Share with the sender. Also, there you will find QR code that contains your address.

Note: Processing may take up to 120 minutes.

How to send Bitcoin Cash

Open your Waves app and log in to your Account. At the bottom of the interface, click on the and click on the Send.

The following window will appear.

Fill in the sending form.

  • Asset: Choose Bitcoin Cash from the drop-down menu.
  • Recipient: Put the recipient address or scan QR-code or choose from Address book.
  • Bitcoin Cash Payment ID: Use the Payment ID received on the receipt side.
  • Amount: Define a number of Bitcoin Cash you want to send or choose Use total balance 50% 10% 5%

Please note that the gateway charges 0.01 BCH for the gateway fee as well as 0.001 Waves for the network fee. Before proceeding please carefully read the conditions.

After you have filled the form, click on the Continue.

The following window will appear.

To complete the process, click on the Confirm.

Note: Processing may take up to 120 minutes.

How to transfer Bitcoin Cash to another Waves account

You can send Bitcoin Cash directly to another Waves account.

Open your Waves app and log in to your Account. At the bottom of the interface, click on the and click on the Send. Note: The network fee is only 0.001 Waves (no gateway fee).

The following window will appear.

Fill in the sending form.

  • Asset: Choose Bitcoin Cash from the drop-down menu.
  • Recipient: Put the recipient Waves address or scan QR-code or choose from Address book.
  • Amount: Define a number of Assets you want to send or choose Use total balance 50% 10% 5%

After you have entered all necessary information click on the Continue.

Re-check entered data and click on the Confirm to complete the process.

How to use sponsored fee

Waves users can also use a sponsored fee to pay for outgoing transfers. Check your portfolio, if you see a token with % icon. So it means you can change the default Waves fee to another sponsored token.

So how to do it? Just create an outgoing transfer described above and click on the WAVES under Continue button. Choose an available sponsored token and click on the Continue button.


See more articles in the Transfers and gateways chapter.

If you have troubles with our platform, please create a support ticket or write a question on our forum.

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