It’s SWAP time!

beezee
beezee Community
Published in
4 min readApr 28, 2022

BeeZee blockchain is ready for new users.

We have prepared a swap service that will help you move your coins from our old chain (BZEdge v4) to BeeZee (BZEdge v5) — our new blockchain based on Cosmos SDK.

In order to get your new coins you will need access to your funds, an internet connection and a Vidulum App account (Mobile or Desktop).

Please follow the instructions below carefully and read the Q&A at the end of this article if you encounter any issues.

  1. Use Vidulum App to create a new address. Open the wallet and search for “BZEToken” coin and press “Receive”.
BZEToken is the new blockchain in Vidulum APP

This will show your BeeZee address — your NEW address — copy it by clicking on it.

Copy the address from Vidulum App

2. Visit https://swap.getbze.com . The webpage should look like this:

https://swap.getbze.com

Paste the address you created in Vidulum App in the “Destination address”. The system will send the new funds to this address when a swap is complete.

Press “Create Swap Address” button. The system will allocate you a swap address(v4).

Swap address example

Now you can proceed on sending OLD coins to the “Swap Address (v4)” and the system will swap them on a parity of 10:1 to the new blockchain. You will receive the funds in your Vidulum App address as soon as the transactions are validated.

You can bookmark this link in order to use it later. Also, if you lost the link you can create the swap address again: the system will allocate you the same address. We got you covered.

A transaction on the old chain is considered valid after 240 confirmations(appx. 240 minutes).

Please be aware that the swap transactions are processed manually several times per day after being verified from multiple sources.

After a transaction is swapped you will be able to see it on your swap page.

Processed swap transactions

The swap window is opened for 60 days. We will stop supporting the old chain and wallets on July 1st, 2022.

Please be aware that currently exchanges like Crex24 or Stex.com are trading the OLD coin. We are in talk with them to switch to the new chain but the swap will not be taken care by exchanges. You have to swap your coins on your own! Please confirm with the our team on Discord or Telegram what you are buying or what you are trying to use.

Q&A

  1. Q: How can I fix error “Too many inputs” when trying to send old coins to the swap address.
    A: This error is happening due to small incoming transactions to YOUR wallet. You should try sending smaller amounts.
  2. Q: I lost my swap address how can I get it back ?
    A: You can try to create a swap address again. By using the same destination address (v5 — new address) you will receive the same swap address again and again. We got you covered!
  3. Q: I keep my funds on an exchange what do I have to do?
    A: You need to withdraw your funds to your personal wallet and follow the guide to swap your coins. The exchanges WILL NOT SUPPORT THE SWAP.
  4. Q: I have my funds on the old blockchain on private keys what wallet should I use ?
    A: We recommend the web wallet https://wallet.getbze.com
  5. Q: What will happen if I don’t swap my funds ?
    A: All funds that are not swapped from the old chains will be lost.
  6. Q: How long will it take to get my new funds ?
    A: After 240 confirmations passed it will usually take a few more hours to verify the transactions and perform the usual health checks before sending the new funds. It shouldn’t take more than 24 hours.
  7. Q: Can I send funds from any wallet ?
    A: Yes. It doesn’t matter where you send your funds from. All the funds sent to a swap address(v4 — old chain) will be swapped to the designated address on the new chain. But you need Vidulum App to get a new address.
  8. Q: How many transactions can I send to the swap address ?
    A: You can send as many transactions as you want but we recommend to send large amounts at once in order to make the swap process faster.
  9. Q: How much time to I have to swap my funds ?
    A: The swap is open until July 1st, 2022.
  10. Q: Where can I buy some coins ?
    A: Currently ALL exchanges support the OLD chain. We are talking with them to support the new chain. In the meanwhile you can buy OLD coins, withdraw and then use the swap guide to get your new coins.
  11. Q: What wallet can I use for the OLD blockchain?
    A: Wallets supporting the old chain can be founds here https://getbze.com/wallets

Thank you all for the amazing support you have been showing. You guys are amazing!

Feel free to engage in a discussion with us on any of our communication channels: Twitter, BitcoinTalk, Medium Publication, Reddit, Discord or Telegram.

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beezee
beezee Community

Cutting Edge Cryptocurrency. Ultra fast, secure and low cost blockchain