How to receive and send Bitcoin

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) on the Waves blockchain. Every single Bitcoin token is backed 1:1 with a real Bitcoin.

Read more about What is a payment gateway?

How to Deposit Bitcoin

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

The following pop-up will appear.
Copy the shown Bitcoin address or Scan QR Code and send a payment.
Read the conditions carefully in yellow boxes before proceeding.

Note: Processing can 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. Read the conditions carefully in yellow boxes before proceeding.

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 can take up to 120 minutes, the minimum amount is 0.002 BTC.

How to create internal transaction through Waves network

You can send Bitcoins directly to another Waves account, just use the recipient Waves address, click on 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.

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