Receive cryptocurrency

Welcome to the quick guide on receiving cryptocurrency to your BVNK account. 

Follow these simple steps

Crypto Payments:

  1. Navigate to “Crypto Payments”: This is where incoming and outgoing crypto payments are managed.
  2. Select “Request crypto”: Choose the relevant contact who will be sending a crypto payment to your BVNK account.
  3. Enter the required payment details
  • Receiving wallet
  • Payment amount
  • Unique payment reference
  1. Create the request: Once created, BVNK will generate a payment link.
  2. Share the payment link with the payer: The payer can use this link to complete the crypto deposit.
  3. Wait for network confirmations: Cryptocurrency transactions require confirmations on the blockchain. Once confirmed, the payment will be reflected in your BVNK receiving wallet.

Channel Payments:

  1. Navigate to “Channel Payments”: This is where incoming channel payments are managed.
  2. Select “+ Create Channel”: Choose the relevant contact who will be sending the channel payment.
  3. Enter the required channel details
  • Receiving wallet
  • Payment currency to be received
  • Unique channel reference
  1. Create the channel

Once created, BVNK will generate a channel link.

  1. Share the channel link with the payer: The payer can use this link to deposit a crypto payment into the channel.

Always double-check the destination address before sending cryptocurrency. Sending funds to an incorrect address may result in permanent loss of funds.

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