How to deposit and withdraw Bitcoin (Beta wallet)

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 Lite Client 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 How does the Bitcoin gateway work


How to deposit Bitcoin


Open your Waves wallet

In the Bitcoin section, click on Deposit




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 withdraw Bitcoin


Open your Waves wallet

In the Bitcoin section, click on Send



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 completed the form, click on Continue.


The following pop-up will appear.

To complete the operation, click on Confirm or click on Back to repeat the process.


Note: Processing can take up to 120 minutes.


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 out the sending form.




After you have completed the form, click on Continue.




Note: Processing can take up to 120 minutes.


The following pop-up will appear.

To complete the operation, click on Confirm or click on Go Back to repeat the process.