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 / Receiving XCP and User Created Tokens

PreviousSending and Receiving BTCNextDisplaying the Seed Phrase and Private Key of your Address(s)

Last updated 6 months ago

You can send and receive both Bitcoin and Counterparty tokens with all 20 addresses that created when generating a new 12-word phrase.

To start using the broader functions of Freewallet, first simply send some BTC to your address of choice (most likely Address #1) to make sure you can cover the BTC cost of broadcasting transactions to use Counterparty functions.

It is recommended to send enough to cover a few transactions as the price of BTC fee’s may fluctuate and read over the as well as the sections.

If you are receiving XCP or any Counterparty asset to your address, the process is the same with BTC. Simply send the asset (using a Counterparty recommended wallet) with the receiving address being any of your BTC generated wallet addresses (most likely Address #1)

If the Counterparty token has already been sent and you are waiting for it to appear in your account. You can look up your public BTC address on a Counterparty block explorer like Tokenscan.io

When recieving Counterparty tokens, after they are confirmed they will show up in the Balances tab on Tokenscan as well as in your Freewallet (which pulls its data from Tokenscan).

To examine a Counterparty asset send that has been sent to your address, but has not been confirmed by the Bitcoin network just yet, click the "More" dropdown menu on Tokenscan and click "Unconfirmed".

This will now show you any unconfirmed Counterparty transactions that are waiting to be confirmed by the Bitcoin network. You can use this transaction ID, denoted by the red arrow, for details to look this transaction up on any Bitcoin block explorer of your choosing.

To send an asset you own, simply navigate to the left panel and find the TOKEN you wish to send. Then right click the TOKEN. Then click “Send TOKEN to…"

In the screenshot above, you will see a prompt for a Simple Send.

  • First verify the Source is the address you would like to send the TOKEN from. You can also click to the right side of your source address on the paper with notepad icon to change your address (though it will need to be address you own the TOKEN on)

  • The Destination Bitcoin address input is for the receiving address of where you are sending the TOKEN.

  • The Token Name should be denoted as the TOKEN you wish to send.

  • Make sure the Amount field is the correct amount of TOKEN you wish to send. You can also use the MAX function to send all available TOKEN in this transaction.

  • 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 TOKEN transaction. You can also change the Memo type from Text to Data using the dropdown to the right of the Memo field. There is a 32-character limit for the memo in OP_Return sends.

Please verify all of the information is exactly correct After you are sure this the above inputs are correct press the “Send Funds” to sign and broadcast the transaction. A popup stating “Confirm Send?” will display showing how much TOKEN 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.

After sending any Counterparty Token (including XCP) and you see this on Tokenscan when clicking “View Transaction” come back in a few minutes and refresh the page when your unconfirmed transaction is confirmed on the bitcoin network.

After a few minutes it will show on the Unconfirmed tab on Tokenscan as shown above. Once the transaction is confirmed, it will show on Tokenscan as a completed send and the status will read "valid".

Simply copy your Bitcoin address and paste it into Tokenscan to look up your Counterparty token transaction history. Below is a screenshot of the link:

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. Please see for more information on this subject.

https://tokenscan.io/address/1CZWQ2UFhTsTWTuwKFJXadhwrHMDggFKgN
What BTC fee should I use?
Viewing, Creating and Importing Addresses
Sending and Receiving BTC
The same address as above, but shown on Tokenscan
Balances shown on a Counterparty address on Tokenscan.io
Unconfirmed dropdown menu shown with Blue Oval - Viewing button for each transaction shown with Red Arrow
Right-clicking an asset in Freewallet to see the various options
Sample send form for a Counterparty Token - Color coded with details for each input below
How the transaction will look immediately after broadcasting the send
Valid Counterparty Token send as seen on Tokenscan.io