How to receive and send Ethereum

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

Read more about What is a payment gateway?

How to deposit Ethereum

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

The following pop-up will appear.
Copy the shown Ethereum 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 Ethereum

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

The following pop-up will appear.
Paste the Ethereum address you want to send to as well as the amount of Ethereum.
Please note that the gateway charges 0.001 ETH for the gateway fee as well as 0.001 Waves for the network fee.

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 0.005 ETH.

How to create internal transaction through Waves network

You can send Ethereum 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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