Beta wallet: How to deposit and withdraw Litecoin

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


Read more about How does the Litecoin gateway work


How to deposit Litecoin


Open your Waves wallet

In the Litecoin section, click on Deposit.



The following pop-up will appear. 

Copy the shown Litecoin 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 Litecoin


Open your Waves wallet

In the Litecoin section, click on Send



The following pop-up will appear. 

Paste the Litecoin address you want to send to as well as the amount of Litecoin. 

Please note that the gateway charges 0.01 LTC for the gateway fee as well as 0.001 Waves for the network fee.

After you have completed the form, click on Continue.



Note: Processing can take up to 120 minutes. The minimum amount is 0.1 LTC.


The following pop-up will appear.

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





How to create internal transaction through Waves network


You can send Litecoin 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.



The following pop-up will appear.

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