Deposit

Recommended vs Fastest

To transfer your funds from the Bitcoin chain to Botanix, using the official Botanix Bridge is recommended. This process requires 19 confirmations, taking about 3 hours. For faster options, check the "Fastest" tab for third-party methods such as atomic swaps or lightning bridges.

The deposit process transfers your Bitcoin from the Bitcoin main chain to Botanix. This is a three-step process:

Step 1 - Copy Deposit Address

  1. Connect your EVM-compatible wallet to the Botanix Bridge by following the process on https://bridge.botanixlabs.com/ and Sign In with your wallet.

  2. Select the "Deposit" tab in the bridge interface

  3. You'll be provided with a unique Bitcoin deposit address

  4. Use the copy button to copy this address to your clipboard

Warning: Always verify the address after copying to ensure it hasn't been tampered with by malware.

Step 1 - Copy deposit address

Step 2 - Send Bitcoin

  1. Open your Bitcoin wallet and initiate a transfer to the copied address

  2. Send the amount of Bitcoin you wish to bridge to Botanix

    • There is no minimum deposit amount, but very small amounts might not be worth the transaction fees

    • Ensure you're sending enough to cover both the Bitcoin network fee and the subsequent Botanix gas fee

  3. Return to https://bridge.botanixlabs.com/ and refresh the table. Your deposit will show up now. Your transaction will now have the status Transaction Received but you won't be able to claim yet.

  1. Wait for the transaction to show "Confirmed" status

    • This requires at least 19 confirmations on the Bitcoin network, which takes about 3 hours on average

Step 3 - Claim Your Deposit

  1. Once confirmed, the "Claim" button will become active

  2. Click "Claim" to mint the equivalent amount of Bitcoin on Botanix

  1. After the transaction is processed, the Bitcoin will be available in your Botanix wallet.

Note: The claimed amount will be slightly less than your deposit due to the Bitcoin transaction fee and the Botanix gas fee. These fees are automatically calculated and deducted during the process.

Deposit Troubleshooting

  • Transaction not appearing when clicking refresh button: Try again after a few minutes. When you initiate a transaction from a CEX for example it can take some time.

  • Claim Button Not Active: The transaction may need more confirmations on the Bitcoin network

  • Claim is failing: Simply click retry. Still no luck? Wait a few minutes and try again.

Last updated