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

Sending and Receiving BTC

PreviousShow a QR Code for your AddressNextSending / Receiving XCP and User Created Tokens

Last updated 6 months ago

To start using the broader functions of Freewallet you will need some BTC to cover the transaction fee’s for many Counterparty functions.

You can send and receive both Bitcoin and Counterparty tokens with Freewallet. Review the to make sure you know how to correctly view and copy your public address. Your generated Address #1 is most commonly used as the recipient address to send BTC to, but all of your addresses can be used to send and receive BTC. Once you have some BTC on your address you can start using the most common Freewallet functions.

All transactions will need to be confirmed by the Bitcoin blockchain before Freewallet considers this Bitcoin amount as spendable (if receiving) or fully sent (when sending).

To receive Bitcoin, you will need the public Bitcoin address which can be viewed by clicking the "View Address" button under the Address Actions button on the top right of Freewallet.

Simply use the QR code or text of your address as the receiving address when sending Bitcoin to your address:

You can also view all the addresses connected to your deterministic wallet by clicking the "Change Address" button in the Address Actions dropdown menu.

Bitcoin can be sent to any of the addresses in this list and accessed. It is up to you to decide which address to use when doing any Freewallet functions.

To send BTC from your wallet, simply right click the BTC token icon in the left panel of Freewallet. Then click “Send BTC to…"

Here you will see a prompt for a Simple Send. First verify the Source is the address you would like to send BTC from. You can also click to the right side of your source address on the paper with notepad icon to change your address

  • The destination Bitcoin address (only BTC) input is for the receiving address of where you are sending the Bitcoin.

  • The token name should be denoted as BTC here, though this form is also how you send Counterparty Tokens as well.

  • Make sure the amount field is the correct amount of BTC you wish to send. You can also use the MAX function to send all available BTC in this transaction. In the right side, an estimated USD value is attributed to the amount you are wishing to send.

  • The Memo field is for any notes you would like to add to the transaction. Be careful as these memos are publicly broadcasted on the blockchain along with your BTC transaction. You can also change the Memo type from Text to Data using the dropdown to the right of the Memo field.

Please verify all of the information is correct. Then verify it again. - Bitcoin sends are immutable and cannot be cancelled After you are sure this the above inputs are correct, press the “Send Funds” to sign and broadcast the transaction. A popup stating “Confirm BTC Send?” will display showing how much BTC is being sent and to what address

Please verify yet again and click “Yes” when it looks correct. The transfer will be complete once it is verified by the Bitcoin network

Freewallet will also give you the transaction link so you can monitor the transaction while it is being confirmed. This process can take a while so give it some time for your transaction to confirm. Since this is a BTC send you will be forwarded to Blockstream.info to monitor your transaction

This "Check Blockstream.info for transaction" link will take you to a Bitcoin blockchain explorer called Blockstream to review the details of your send.

You can also use any Bitcoin blockchain explorer of your choosing, such as mempool.space

Below is the same transaction, but seen by just looking up the same transaction ID on a different blockchain explorer. For reference the transaction ID is shown with a red box above and below.

Lastly and most importantly you can set the Fee of your BTC transaction. This is a very important choice and depends on how soon you would like this transaction mined by the Bitcoin network. This price can vary wildly without a few minutes or hours. Please see for more information on this subject

What BTC fee should I use?
Creating addresses and Viewing your Address
Address Actions drop down in upper right-hand side of Freewallet
QR code and written form of your public BTC address
List of addresses from Change Wallet Address menu
A normal Tokenscan message for a BTC only transaction ID
Sample Bitcoin transaction shown on Blockstream.info - Red Box shows the transaction ID
The same sample Bitcoin transaction but shown on mempool.space - Red Box shows the transaction ID