Introduction

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

Read more about What is a payment gateway?

How to receive Bitcoin SV

Open your Waves wallet
In the Bitcoin SV section, click on the Receive button.

The following window will appear. Before proceeding please carefully read the conditions:

The minimum amount of deposit is 0.001 BSV

If you will send less than 0.001 BSV, you will lose that money.

Send only BSV to this deposit address

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

Copy the shown Bitcoin SV address or Scan QR Code and send a payment.

Note: Processing can take up to 120 minutes.

How to send Bitcoin SV

Open your Waves wallet
In the Bitcoin SV section, click on the Send button.

The following pop-up will appear.
Paste the Bitcoin SV address you want to send to as well as the amount of Bitcoin SV.
Please note that the gateway charges 0.01 BSV 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 button.

The following pop-up will appear.
To complete the operation, click on the Confirm or Back to repeat the process.

Note: Processing can take up to 120 minutes, the minimum amount is 0.1 BSV.

How to transfer Bitcoin SV to another Waves account

You can send Bitcoin SV directly to another Waves account. Just use the recipient Waves address, click on the Send and fill-in the sending form.

Note. The network fee is only 0.001 Waves (no gateway fee)

After you have completed the form, click on the Continue button.

The following pop-up will appear.
To complete the operation, click on the Send or Back to repeat 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 there 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 Transaction Fee. 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.

results matching ""

    No results matching ""