Introduction

Waves allow you to hold and transfer Vostok on its blockchain. This works through a so-called Multigateway approach: Vostok tokens are sent to a user's deposit address available in the Waves wallet and after the deposit the user receives a Vostok tokens issued in the Waves blockchain. Every single Waves based Vostok token is backed 1:1 with the Vostok token from the external network.

How to receive Vostok

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 Vostok from the drop-down menu.

Before proceeding please carefully read the conditions:

The minimum amount of deposit is 0.1 VST

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

Send only VST 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 Vostok 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.

How to send Vostok

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. Choose Vostok from the drop-down menu.

Fill in the sending form.

  • Recipient: Put the recipient address or scan QR-code or choose from Address book.
  • Amount: Define a number of Vostok 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 transfer Vostok to another Waves account

You can send Vostok directly to another Waves account. Just use the recipient Waves address. At the bottom of the interface, click on the and click on the Send.

The following window will appear. Choose Vostok from the drop-down menu.

Fill in the sending form.

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 completed the form, click on the Confirm button.

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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