Everything You Need to Know to Manage BTC on Bitget Wallet


Everything You Need to Know to Manage BTC on Bitget Wallet image 0

The crypto landscape has seen sharp rallies in recent weeks, with BTC leading the charge and breaking $40,000. Fueled by an imminent spot ETF, institutions worldwide have started to pay increased attention to BTC, with Standard Chartered bank even affirming its predictions that the currency could reach a six-figure valuation before the end of next year.

Coupled with additional factors such as U.S. interest rate cuts, the demand for BTC has been steadily growing. As at the time of this writing, BTC is trading at $42,071, a drastic increase from its all-time low this year of $17,446 in January.

In this article, we will be going through everything you need to know about purchasing and managing your BTC assets on Bitget Swap.


Adding the BTC Mainnet

Step 1: Tap on "All Mainnets" at the top of your main Bitget Wallet homepage.

Step 2: Enter "Bitcoin" into the search field and add the Bitcoin network to your Bitget Wallet.

Step 3: Select the "+" symbol next to the Bitcoin search result and proceed with the on-screen security verification prompts.

Step 4: Return to your home page. Your default network should now be set to "Bitcoin". You may also obtain your Bitcoin address by tapping on the copy symbol.

Adding BTC Assets

Now that you have connected to the Bitcoin mainnet, the next step would be to add assets to your wallet. You may do so by either opting to receive tokens via a transfer from another address, or purchase BTC using fiat on-ramping.

Receiving BTC Assets

To receive BTC assets, please follow the steps below.

Step 1: Tap on the "+" symbol on your Bitget Wallet homepage.

Step 2: Key in "BTC" into the search field, and tap on the search result.

Step 3: You may either choose to copy your receiving address details for transfer, or scan the QR displayed on screen to facilitate the transfer from another address.

Step 4: Following successful transfer, return to your home page. Your newly-received BTC assets should now be displayed here.

Purchasing BTC using Quick Buy

Quick Buy, Bitget Wallet's integrated OTC payment service, now supports the purchase of BTC using fiat currency. To on-ramp BTC assets using fiat, please follow the steps below.

Step 1: On your Bitget Wallet homepage, tap on "Buy".

Step 2: Select "Buy crypto" to purchase BTC using fiat currency via authorized payment channels.

Step 3: Key in your token information, such as token and network type. Ensure that you have selected "BTC" and that the network displayed is "BTC". Key in the amount of fiat you wish to on-ramp into BTC.

Also read: Understand the differences between Native SegWit vs. Taproot!

Step 4: Select an available payment channel and proceed to the payment site.

Note: Not all payment channels reflected here may be available in your region.

Step 5: Verify your transaction details on the payment site and proceed with the on-screen instructions to finalize your purchase.

Bitget Wallet also integrates P2P on-ramp services leveraged from Bitget. To find out more about how to make purchases using Bitget's P2P service from your Bitget Wallet, click here.


Swapping for BTC using Bitget Swap

Swapping for BTC on Bitget Swap has never been easier! To swap for BTC using Bitget Wallet's integrated swap feature, follow the steps below.

Step 1: Tap on "Swap" on your Bitget Wallet homepage, where you will be brought to the Bitget Swap interface.

Step 2: Tap on "Swap" again at the top. Alternatively, you may also tap on the "BTC" tab that is featured below the market overview line chart.

Step 3: Tap on "Buy" on the BTC asset page. You may also view important information about BTC, including its price movements, asset information, and past transactions.

Step 4: Key in the details of your swap, and tap on "Confirm".

Step 5: Verify your swap transaction and select "Continue" to proceed with the on-screen verification to finalize your transaction.

Interacting with the BTC Ecosystem

Bitget Wallet's integrated DApp browser now features a dedicated "Bitcoin" zone, listing out popular DApps on the Bitcoin ecosystem! To navigate to the "Bitcoin" DApp zone, tap on "Dapp" on your Bitget Wallet home page, and select "Bitcoin" to view the most trending DApps on the Bitcoin ecosystem!


As the Bitcoin ecosystem grows, so will Bitget Wallet's efforts in bolstering the network's long-term potential. Moving ahead, Bitget Wallet will be focused on advancing its technological infrastructure and improving product features with a focus on pivotal areas such as the Lightning Network, Nostr, Taproot Assets, BRC-20, and ARC-20 inscriptions.

Among these initiatives, the Lightning Network will claim a pivotal spotlight, aiming for robust support for various address formats. This endeavor seeks to augment asset transfer efficiency, amplifying the swiftness and seamlessness of transactions. Furthermore, Bitget Wallet will unveil plans to facilitate asset swaps between the Bitcoin mainnet and the Lightning Network. This move aims to foster cross-chain transactions between BTC and EVM assets on Bitget Swap, presenting enhanced portfolio diversification and a broader spectrum of trading choices.

Moreover, Bitget Wallet is poised to delve into Taproot asset issuance, underscoring our commitment into embracing emerging technologies. This commitment underscores the platform's dedication to adaptability and innovation, cementing its position as a forward-thinking player in the cryptocurrency landscape.


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