Freewallet.io User Manual
Freewallet.io User Manual
  • Getting Started
    • What is Freewallet?
    • What are the features of Freewallet?
    • Where can I access Freewallet?
    • Where can I access previous versions of Freewallet?
    • What is Tokenscan.io?
    • Why do I need small amounts of Bitcoin to do things in Freewallet?
    • What BTC fee should I use?
    • What is the Automatic Donation System? How do I turn it off?
    • What is an Asset/Token/NFT? How can I store them?
    • I want to trade a certain Asset, is it legitimate?
    • How to find the License Agreement
    • What else do I need to know?
  • Exploring Balances, History, Exchange and Dispensers
    • Address Balances
    • Address History
    • Viewing Tokens
    • Exploring Token Information and Enhanced Asset Information
    • Understanding Dispenser Markets
    • Buying XCP and User Created Tokens from a Dispenser
    • The Decentralized Counterparty Exchange (DEx)
    • Understanding Exchange Pairs
    • Buying and Selling XCP and Tokens on the DEx
    • Understanding BTCpay and BTC/TOKEN on the DEx
  • Freewallet Functions
    • Creating a Wallet
    • Locking and Unlocking Your Freewallet
    • Viewing, Creating and Importing Addresses
    • Show a QR Code for your Address
    • Sending and Receiving BTC
    • Sending / Receiving XCP and User Created Tokens
    • Displaying the Seed Phrase and Private Key of your Address(s)
    • Using the Multi Send function
    • Create a Counterparty Token (NFTs and FTs)
    • How to Change Token Properties
    • Changing the Token Description
    • Issuing more Token Units
    • Resetting Your Token Issuance
    • Locking Your Token Issuance
    • Transfer Token Ownership
    • Destroying Tokens
    • Paying Dividends to Token Holders
    • Voting with Tokens
    • Broadcast information on the Bitcoin blockchain
    • Signing a Message Using Freewallet
    • Signing a Transaction Using Freewallet
    • Using the Sweep Function
    • Setting up a Dispenser
    • Closing a Dispenser
    • Cancelling Exchange Orders
    • Starting an Exchange Pair that has no orders up yet on the DEx
    • Minting Open Fairmints
  • Common Questions Using Freewallet (FAQ)
    • What if you make a mistake?
    • Where can I see my current version?
    • How do I check my Freewallet Server settings?
    • How do I use the Debug function on Freewallet?
    • Can I use the Counterparty/Bitcoin Testnet in Freewallet?
    • Can I burn BTC for XCP?
    • What’s a Stamp?
    • What’s an Ordinal?
    • If Tokenscan is down for maintenance, can I still access my funds?
    • Why is there more than one input on my BTC transactions?
    • Does Freewallet support two-factor authentication?
    • Can you lock a Token description?
    • Can I run my own Counterparty server?
    • How do I use Freewallet to mint an Emblem Curated Vault?
    • How do you create a Burn Address for use on Counterparty?
  • Troubleshooting / Issues
    • I sent BTC (or a Token) to Freewallet, why doesn't it show up?
    • Why can't I see my assets I own or created with 0 issuance?
    • "Error While Trying to Broadcast Transaction"
    • "Failure to send not enough BTC in wallet"
    • My Freewallet Exchange/Dispenser tab is resetting the data when I try to sort by BTC Price?
    • "Public key was neither provided nor published in blockchain."
    • I logged in and see none of my assets but I see them on tokenscan!
    • Help! I used too small of a fee and my transaction is not confirming!
    • I sent/dispensed an XCP asset to a Wrapped Segwit Address (address beginning with "3")
    • I sent/dispensed an XCP asset to a Taproot Address (an address that starts with "bc1p")
    • I updated Freewallet and can only see my first 20 addresses! How can I get them back?
    • My second transaction on an MPMA (Multi-send) is not getting confirmed and giving me an error
    • Freewallet gave me a TX link but Tokenscan says "Transaction not found on tokenscan"
    • Error composing dividend transaction via API: ['zero dividend']
    • My MacOS/Windows is saying Freewallet is not verified by the app store. What should I do?
    • Counterparty API Communication Error!
    • What is a Counterparty API Error?
    • Stuck on "Checking Data Encoding Fees"
    • Constructed transaction does not parse correctly
    • My transaction is too low of an "Effective Fee Rate"
    • Error Composing Dispenser TX - Balance History
    • I entered my created password and stuck on "You will need to unlock..."
  • Getting Support
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  1. Freewallet Functions

Minting Open Fairmints

Freewallet now supports the minting of open fairmints on Counterparty.

PreviousStarting an Exchange Pair that has no orders up yet on the DExNextCommon Questions Using Freewallet (FAQ)

Last updated 6 months ago

Before you start minting, it is best to get a good understanding of how Fairmints are shown on Tokenscan.io:

Keep in mind that Tokenscan.io will use color coding to show if a fairmint is Open (shown in green), close to minting out (shown in yellow) and if the mint is Closed (shown as red).

Furthermore, it is now shown on Tokenscan.io on the specific Fairmint Asset page the percentage the fairmint minted so far:

If this function is new to you, please review on Tokenscan.io that the token you are looking to mint is not Closed (minted out) and that the quantity you are minting is within the parameters set by the Fairmint issuer.

Below is the process for how to mint any open (or near close) Fairmints on Counterparty:

This will open up a pop-up window to input the token you would like to fairmint, the quantity you would like to mint and the BTC fee used in this transaction.

There is also another error to keep in mind and that is the Counterparty API Error that states: "quantity is not allowed for free fairminters" If you see this error, it is because the Counterparty API only allows you to enter a "0" quantity here, but will still mint the max amount possible for this fairmint. In this example entering a 0 in the Amount quantity for TRUMPMINTS would mint 111,111 tokens to your wallet.

In previous releases of counterparty, you were allowed to specify the amount you wanted to mint in a fair mint. At this time the logic has been changed so that in “free” fair mints, you are no longer allowed to specify the quantity that you want to mint, and instead the maximum amount you’re allowed to mint is automatically minted when you as a user enter a quantity of 0.

There is another type of fair mint where a user is charged a fee for minting, and if you are minting on this type of a fair mint, then you are allowed to specify a quantity.

After clicking 'Mint Supply', a final confirmation pop-up will appear:

After clicking 'Yes' you will be given a link to the transaction ID and you can observe the transaction until it confirmed on the Bitcoin network. When the transaction is confirmed, these Fairmints will now show up in your Freewallet UI and will be sendable and tradable just like any other Counterparty token is.

The process for minting is to navigate to the upper right hand side of the Freewallet UI and select "Actions". In the drop-down menu, then select "Mint Supply".

Keep in mind that this request will need to ping the Counterparty API and might pause on 'Calculating transaction fees...' for a moment before you can Mint Supply with the green button. If you are getting the '' make sure you are using the 'Default Server Settings' as explained in the '' entry in this User Manual.

When finishing this procedure, make sure to review the Source address is correct, the Token Name is correct and the Amount minting is correct. Different fairmints have different max token minting amounts and it is best to review Fairminters info before making this transaction (and using the 0 quantity for 'free fairminters' error messages) as discussed earlier in this section.

Once the information looks correct (as shown above), make sure you are using a High fee (or even higher) as Bitcoin fees tend to fluctuate quickly. It is best to review the section of this User Manual.

Counterparty API Communication Error!
How do I check my Server Settings?
tokenscan.io
What BTC fee should I use?
Marked in Red, the new Fairminters data is now shown on Tokenscan.io
Blue arrow shows a "close to minted out" fairmint, Red arrow shows a fully minted out fairmint and Green arrow shows a fairmint that is still open.
This fairmint token, TRUMPMINTS, now shows the total supply on its specific asset page on Tokenscan.io
The Max Mint for each Fairmint is shown on Tokenscan.io
Counterparty API error for "Free Fair Mints" - Solution is to try again with the Amount set to 0