How to use NiceHash wallet?

When you register a new account at NiceHash and finish KYC, you get your NiceHash addresses (wallet).

You can use the Bitcoin (BTC) or USDT address for making deposits for buying hash-power, and here are some recommendations and notices that are good to know before using the Nicehash wallet.

Mining payments to the NiceHash wallet

Use your Mining Address found in Rig Manager for linking mining software with your NiceHash account.

If you will use NiceHash as a miner, all your mining earnings will be paid out to your NiceHash Bitcoin (BTC) or USDT wallet. In your wallet, you can select Mining payments and see the list of all mining payments.

The service fee for miners can be found here.

Deposits to the NiceHash wallet

You can deposit the desired amount of funds to your NiceHash wallet. Note that smaller deposits are subject to conditional deposit fees.

Always be careful when depositing your cryptocurrency funds! Deposits sent to the wrong address are usually irreversible!

Withdrawals from the NiceHash wallet

The following withdrawal options are available:

• Withdrawal to BTC, USDT, or USDC wallet - You can withdraw your BTC, USDT, and USDC funds to any other valid address. When withdrawing from the NiceHash wallet using this option, a withdrawal fee will be applied. 
• Withdrawal to Lightning wallet - You can withdraw your BTC funds to a Lightning invoice or address with reduced withdrawal fees.

Always be careful when withdrawing your cryptocurrency funds! Withdrawals sent to the wrong address are usually irreversible!

Internal transfers between different NiceHash wallets

If you want to do an internal transfer of funds, for example, if you want to send any cryptocurrency funds from your NiceHash wallet address to another NiceHash wallet address, the transaction will be executed over a blockchain (subject to fees). Keep this in mind when sending funds from one NiceHash wallet address to another NiceHash wallet address.