Minting Sequence
Explains the sequence of steps in Minting
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Explains the sequence of steps in Minting
Last updated
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The minting sequence in BTC Proxy is given below:
The user connects the ETH wallet to the web3.js interface at btcpx.io
The user confirms the amount of BTC to deposit and is displayed the Fees
The user is displayed the wallet address of the Custodian they are to send BTC to
The user initiates the transfer of BTC to the custodian from their own wallet
The Proxy Relay validates the deposit of Bitcoin to the smart contract
BTCpx is minted
BTCpx is sent to their ETH wallet
