Updated 2026-10-31 · 6 min read · Guide

Deposit BTC from Sparrow, Electrum, and BlueWallet to XORA (2026)

By XORA · Published · Updated

Send native Bitcoin mainnet BTC from Sparrow, Electrum, or BlueWallet to XORA with zero memo required, SegWit fee checks, and a 0.0005 BTC test send.

Short answer

To deposit native Bitcoin (BTC) from Sparrow Wallet, Electrum, or BlueWallet into XORA, open /app#deposit-btc, copy your dedicated Bitcoin mainnet deposit address (no destination tag or memo required), set an appropriate sat/vB network fee with Replace-By-Fee (RBF) enabled if desired, and confirm a small 0.0005 BTC test transaction before sending larger UTXOs.

Deposit BTC Calculate BTC yield Reserve @handle Creator Bounties

Direct rails: XRP · RLUSD · BTC · XLM · TRX · RLUSD on XRPL

Why Bitcoin self-custody wallets earn 0% protocol yield

Bitcoin uses Proof-of-Work mining rather than Proof-of-Stake validation, so native Layer-1 BTC held in Sparrow Wallet, Electrum, or BlueWallet (whether single-sig or hardware-backed via Coldcard, Trezor, or Ledger) generates 0% native protocol yield. Earning yield on BTC requires either wrapping into smart-contract tokens (introducing bridge risk) or depositing native BTC into a custodial account.

Address-attributed Bitcoin mainnet routing (zero tag or memo)

Unlike XRP (which requires a numeric Destination Tag) or Stellar XLM (which requires a Stellar Memo), XORA assigns each account its own dedicated Bitcoin mainnet deposit address on /app#deposit-btc. Copy the full address or scan the QR code in Sparrow, Electrum, or BlueWallet and verify the prefix and final 6 characters before signing.

Native Layer-1 BTC vs Lightning, WBTC, and BTCB

BlueWallet and Electrum can also manage Lightning Network channels, and multi-chain exchanges issue wrapped ERC-20 WBTC or BSC BTCB. XORA's Bitcoin rail accepts standard on-chain Layer-1 Bitcoin mainnet transactions only. If your BTC sits in a BlueWallet or Electrum Lightning channel, submarine-swap or close to on-chain Bitcoin mainnet first before sending to XORA.

UTXO selection, sat/vB fees, variable BTC APY, and custody risks

In Sparrow Wallet or Electrum, use Coin Control to pick clean UTXOs and check current mempool sat/vB fee rates (~10 to 60 minutes for confirmations depending on block congestion; XORA charges $0 deposit fee). Where enabled, XORA quotes up to 14% variable BTC APY value (8% native BTC + ~6% est. XORA reward value) subject to treasury and solvency controls. Rates are variable and not guaranteed; XORA is custodial, not a bank, and not FDIC or SIPC insured.

Sparrow, Electrum, and BlueWallet BTC transfer overview

ItemSparrow / Electrum (Desktop)BlueWallet (Mobile)XORA BTC rail
Network & formatBitcoin Mainnet (Layer-1 on-chain)On-chain BTC wallet (not Lightning)Dedicated BTC address per account
Tag / MemoNone required (local label only)None required (local note only)Address-attributed (0 memo needed)
Miner fee controlCustom sat/vB + UTXO Coin Control + RBFFast / Medium / Slow or custom sat/vB$0 XORA deposit fee
Recommended test0.0005 BTC on-chain test send0.0005 BTC on-chain test sendVerify credit after confirmations
⚠ Native Bitcoin mainnet only

Send native Layer-1 Bitcoin (BTC) only to your account's Bitcoin mainnet deposit address in XORA (no tag or memo required). Never send Lightning invoices, WBTC (ERC-20), BTCB (BEP-20), or Liquid L-BTC.

Checklist

  1. Open /app#deposit-btc in XORA and copy your account's dedicated Bitcoin mainnet deposit address (or display its QR code).
  2. In Sparrow Wallet, Electrum, or BlueWallet, select your on-chain Layer-1 Bitcoin wallet (never a Lightning wallet or wrapped token).
  3. Paste or scan your XORA Bitcoin address and verify the first 6 and last 6 characters character-by-character.
  4. Select a current mempool sat/vB miner fee rate and enter a small 0.0005 BTC test amount (leaving local wallet notes off-chain).
  5. Sign and broadcast the transaction (confirming the recipient address on your hardware signer screen if Sparrow or Electrum is paired with a hardware wallet).
  6. Once Bitcoin mainnet confirmations credit your 0.0005 BTC test deposit in XORA, send your remaining BTC allocation to the same deposit address.

Frequently Asked Questions

Do I need a Destination Tag or Memo when sending BTC from Sparrow or BlueWallet?

No. XORA assigns a unique Bitcoin mainnet deposit address to your account at /app#deposit-btc. Any label or description typed in Sparrow, Electrum, or BlueWallet stays local to your wallet file and is not needed for XORA credit.

Can I pay my XORA BTC deposit address over the Bitcoin Lightning Network?

No. XORA's /app#deposit-btc address is an on-chain Layer-1 Bitcoin mainnet address, not a BOLT11 Lightning invoice. Move Lightning funds to an on-chain BTC wallet first before sending to XORA.

Does Replace-By-Fee (RBF) fee bumping work if the Bitcoin mempool spikes?

Yes, provided you bump the fee to the exact same XORA Bitcoin deposit address before confirmation. XORA credits validated on-chain Bitcoin mainnet outputs once required network confirmations complete.

How is XORA's BTC yield generated and is it insured?

XORA publishes its live BTC rate breakdown (currently up to 14% variable APY value: 8% native BTC + ~6% est. XORA reward value where enabled) at /api/agent/facts and /btc-yield-rates, subject to treasury and solvency controls. Rates are variable and not guaranteed; XORA is custodial, not a bank, and not FDIC or SIPC insured.

Sources

Next

Open /app#deposit-btc, copy your dedicated Bitcoin mainnet deposit address (no memo required), and confirm a 0.0005 BTC on-chain test send first. Rates are variable and not guaranteed.

Deposit BTC

Related guides

Compare XORA

Learn more