Learn how DrukShift Wallet works in simple Bhutanese terms
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Not setThink of it like your purse or wallet โ but for digital money. It holds your Bitcoin and USDT. Nobody can access it without your password and your secret recovery phrase.
Bitcoin is digital money that works without a bank. It can be sent to anyone in the world in seconds. The price changes daily like gold or foreign currency. Bhutan already mines Bitcoin using hydropower.
USDT is a stable digital currency always worth exactly 1 US Dollar. Unlike Bitcoin its price does not go up and down. Good for everyday payments if you want a stable amount.
Your wallet address is like your bank account number โ but for crypto. You share it with people who want to send you money. It looks like: bc1qxy2kgd... It is safe to share.
Your seed phrase is 12 or 24 words that can recover your wallet if you lose your phone. Write it on paper. Never share it with anyone โ not even DrukShift. Anyone with your seed phrase can access all your money.
The shop shows their QR code. You scan it with your phone. The wallet reads the shop address and amount automatically. You confirm and the payment is sent instantly โ no cash, no card, no bank needed.
Safety tip for Bhutanese users:
Never send crypto to someone who promises to double your money. Never share your seed phrase. Only send money to people and shops you trust. If something seems too good to be true โ it is a scam.
mBoB app ยท Interoperable via BIPS
Open the Bank of Bhutan mBoB app and log in with your username and password or fingerprint.
mBoB App โ LoginOn the mBoB home screen tap Fund Transfer then select Interbank Transfer to send to another bank account.
mBoB โ Fund Transfer โ InterbankEnter the DrukShift Exchange account number shown below. This is the licensed exchange that converts your Ngultrum to crypto.
Enter the amount Nu. 5,000 in the transfer amount field. In the Remarks box type your DrukShift Wallet ID so the exchange knows to credit your wallet.
mBoB will ask for your 4-digit transaction PIN to confirm. Enter it and tap Confirm Transfer.
mBoB โ Enter mPIN โ ConfirmThe exchange converts your Ngultrum to Bitcoin and sends it to your DrukShift Wallet automatically. You will get a notification when it arrives.
Usually arrives in 2-5 minutesAccount ending โขโขโขโข4892 ยท Deki Wangmo