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Receive

With Oyl Wallet, you can receive funds to both Segwit and Taproot addresses, giving you full flexibility for Bitcoin and Alkanes transactions.

1. Open the Receive Tab​

Click the "Receive" button in the Portfolio section to get started.

Receive Default The default receive screen in Oyl Wallet.

2. Choose Your Address Type​

Oyl Wallet provides both Segwit and Taproot addresses:

  • Segwit address: Use this to receive Bitcoin (BTC). Segwit addresses are compatible with most Bitcoin wallets and exchanges.
  • Taproot address: Use this to receive Ordinals, BRC-20, Runes, and Alkanes tokens. Taproot is required for advanced Bitcoin assets and smart contracts.

You can easily switch between address types in the receive tab.

Taproot Address Taproot address for Alkanes, Ordinals, BRC-20, and Runes.

Segwit Address Segwit address for receiving and spending Bitcoin.

3. Copy and Share Your Address​

  • Use the "Copy" button to copy your selected address.
  • Share this address with the sender.
  • Monitor your portfolio for incoming transactions.

Tip: Always double-check which asset you’re receiving and use the correct address type. Send Alkanes to your Taproot address, and spend Bitcoin from your Segwit address.