Beta wallet: How to deposit and withdraw 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 and how does it work?


How to deposit Ethereum


Open your Waves wallet

In the Ethereum section, click on Deposit.



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 withdraw Ethereum


Open your Waves wallet

In the Ethereum section, click on Send





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 Continue.


Note: Processing can take up to 120 minutes. the minimum amount is 0.004 ETH.


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 Ethereum directly to another Waves account, just use the recipient Waves address, click on Send and fill-in the sending form.




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 Go Back to repeat the process.