Contents:

Introduction

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

Read more about What is a payment gateway?

How to receive Bitcoin

Open your Waves wallet. In the Bitcoin 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 BTC

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

Send only BTC to this deposit address

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

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

Note: Processing may take up to 120 minutes.

How to send Bitcoin

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

The following pop-up will appear.
Paste the Bitcoin address you want to send to as well as the amount of Bitcoin.
Please note that the gateway charges 0.001 BTC 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 buttonn.

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

Note: Processing may take up to 120 minutes.

How to transfer Bitcoin to another Waves account

You can send Bitcoins 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 Confirm or Back to repeat the process.


More info

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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