# Token Management (mobile)
Waves.Exchange mobile provides variety of features allowing to interact with tokens.
You can hold, deposit and withdraw WAVES and other tokens on Waves blockchain. Bitcoins or other supported external tokens are transferred by means of centralized WX Network gateway. This means that the coins are sent to a user's personal Waves address via standard transfer and after the depositing user receives WAVES-based tokens (for example wBTC) issued in the Waves blockchain. The gateway tokens are backed 1:1 with the real external coins.
You can decrease the supply of tokens you have issued or burn unwanted tokens.
Note: To issue your own tokens, or setup sponsored transactions use WX Network online/desktop version.
You can also use various investment products in WX Invest app.