Guide

Minting tBTC

Before you mint

Here are some things you will need before you start the minting process:

✅ Bitcoin (BTC)

✅ Ethereum (ETH) for Ethereum transaction gas costs

✅ Bitcoin compatible wallet

✅ Ethereum compatible wallet

Note: Depositing to mint tBTC can be done with any Bitcoin wallet address. Legacy, Native Segwit, Taproot, etc. are all valid.

Start minting tBTC

Head to the tBTC dapp to begin minting: https://dashboard.threshold.network/tBTC/mint

Step 1: Generate a deposit address

Connect your preferred Ethereum wallet to the tBTC dapp by selecting Connect Wallet.

Navigate to the tBTC Bridge page located on the lefthand navigation.

Enter a Bitcoin wallet address as the BTC Recovery Address. Click Generate Deposit Address to create your unique deposit address.

IMPORTANT: Native Segwit (addresses that start with "bc1q") is the ONLY accepted address type for refunds. Refunds occur if something goes wrong during the mint and BTC must be refunded to your wallet. XVerse wallet addresses are not supported for tBTC returns.

Make sure to download the JSON file by clicking Download. The JSON file contains a wallet public key, a refund public key, and a refund lock time. You need to keep this JSON file until you receive your tBTC tokens.

Step 2: Make BTC Deposit

Use the QR code or copy the generated Deposit Address in the tBTC dapp. It will look like this:

Send your BTC deposit to this Deposit Address from your Bitcoin wallet. The minimum deposit is 0.01 BTC.

Return to the tBTC dapp. After your funds are sent, the screen will automatically advance to Step 3.

Step 3: Initiate Minting

To initiate minting, click on Confirm deposit & mint.

Sign the transaction in your Ethereum wallet.

Step 4: tBTC Minting

Your mint is now in progress! You don't need to remain in the dapp to wait for your tBTC tokens to mint.

You can see the status of your mint in the dapp and on tBTCscan. The first stage requires 1 confirmation on the Bitcoin Network before advancing to the next step.

Now you will see the following while waiting for a Minter to assess the minting initialization:

Next, you will see the following while waiting for a Guardian to examine the minting request:

Success! You can see all transaction links on this screen.

Make sure to add the tBTC token address to your Ethereum wallet by clicking token address.