How to receive crypto

Find your address or QR code in THORWallet, share it with the sender and check that both sides use the same network.

Updated 3 min read
Short answer

Open the asset on the Wallet screen, tap Receive and share the address or QR code. The sender must use the same network as the address. A new wallet must be backed up before THORWallet shows its addresses.

On this page

To receive crypto you give the sender one thing: your address on the right network. THORWallet shows it as text and as a QR code.

Before you start

  • Back up your wallet. Until the backup is done, THORWallet shows "Wallet not backed up" instead of the address. See How to back up your recovery phrase.
  • Ask the sender which network they will use, for example Ethereum, Arbitrum or Base for USDC.

Steps

  1. On the Wallet screen, tap the asset you want to receive.
  2. Tap Receive.
  3. Check the network named under the address: "Only send ... assets to this address."
  4. Tap Copy or Share, or let the sender scan the QR code.
The wallet home screen: tap an asset, or Address for all your addresses.

In the web app: open Wallet and click Receive.

See all your addresses

  1. On the Wallet screen, tap Address.
  2. Your Addresses lists one address per network.
  3. Tap the copy icon to copy an address, or the QR icon to show its QR code.

Use this list when the asset is not in your token list yet.

Good to know

  • One address for EVM networks. Ethereum, Arbitrum, Base, BNB Chain, Avalanche, HyperEVM and Robinhood Chain share the same address.
  • Tokens use the address of their network. USDC on Base arrives at your Base address. USDC on Solana arrives at your Solana address.
  • No memo or tag. You do not need a memo or destination tag to receive in THORWallet.
  • Zcash has two addresses. Receive shows a shielded and a transparent address. The app recommends the shielded address for privacy.
  • XRP and Stellar need a first deposit. A new XRP or Stellar address is inactive until it has received at least 1 XRP or 1 XLM. This is a rule of those networks.
Warning

Send only assets of the network named on the Receive screen to that address. Assets sent on another network can be lost.

If the funds do not show up

Check the transaction first

Ask the sender for the transaction ID. Open the asset, tap Explore and compare. Explore opens your address in a block explorer. If the transaction is not confirmed there, the network or the sender is still working on it.

The transaction is confirmed but the balance is missing

  • Pull down on the Wallet screen to refresh.
  • The token may be switched off or not in the default list. Enable it or add it by contract address. See Add, hide or import a custom token.
  • Check that you are in the right wallet. Tap the wallet name above your balance.

The sender used a different network

If the sender chose another EVM network that THORWallet supports, the funds are at the same address on that network. Look for the asset under that network. If the network is not in Supported networks and tokens, THORWallet cannot show the funds. Contact support in the app chat before you do anything else.

"Wallet not backed up"

Finish the backup first. THORWallet does not show an address for a wallet that has no backup.

Common questions

Do I need a memo or destination tag to receive?

No. Your THORWallet address belongs only to your wallet, so the sender does not need a memo or a destination tag.

Is my address the same on Ethereum, Arbitrum and Base?

Yes. Ethereum, Arbitrum, Base, BNB Chain, Avalanche, HyperEVM and Robinhood Chain use the same address in THORWallet. The sender must still choose the network you expect.

How long does a deposit take?

It depends on the network and on the sender. THORWallet shows the balance once the network has confirmed the transaction.

Does receiving cost anything?

No. Receiving is free. The sender pays the network fee.

Why does the Address button not react?

The wallet is not backed up yet. Finish the backup of your recovery phrase and the button becomes active.

Is there a minimum amount?

THORWallet sets no minimum. Some networks do: a new XRP or Stellar address must receive at least 1 XRP or 1 XLM before it is active.

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