Getting Started: How to SEND and RECEIVE Bitcoins | Bitcoin.com Support Center (2024)
Summary
Easily send and receive Bitcoin, Ethereum, and hundreds of the most popular cryptocurrencies easily from the Bitcoin.com Wallet app.
Table of contents
Step-by-step instructions to receive Bitcoin, Ethereum, and more
Step-by-step instructions to send Bitcoin, Ethereum, and more
Open your Bitcoin.com wallet app and tap the 'Receive' button at the top of the Home screen.
Choose which wallet you want to receive Bitcoin. Make sure you select a (BCH) wallet if you are receiving Bitcoin Cash or a (BTC) wallet if you are receiving Bitcoin.
Your chosen wallet will generate an address that lets you receive coins. Copy this by tapping the QR code.
Provide this address to the sending party, or if you're in person, the sender can scan your wallet QR code with their device.
Open your Bitcoin.com wallet app and tap the 'Send' button at the top of the Home screen.
Copy and paste the recipient's wallet address into your wallet app. If you're in person, select "Scan QR code" and scan it with your app.
Choose from what wallet you want to send Bitcoin. Make sure you select a BCH wallet if you want to send Bitcoin Cash or a BTC wallet if you want to send Bitcoin.
Enter how much you want to send and tap on 'Continue.'
Carefully check that you're happy with the details and then Slide to send.
If you want to move money between your wallets, select 'My wallets' in the 'Send' section of your app, select "My Wallets, " and then tap the wallet where you want to move the funds from your other wallets.
Please note! If you wish to Swap your BCH (Bitcoin Cash) to BTC (Bitcoin) or vice-versa, you will need to use our Bitcoin.com Swap tool.
I'm an avid cryptocurrency enthusiast with a deep understanding of blockchain technology and a comprehensive knowledge of various cryptocurrencies, including Bitcoin and Ethereum. My experience extends to practical applications, having actively engaged in cryptocurrency transactions and wallet management. I've delved into the intricacies of crypto wallets, explored the nuances of sending and receiving transactions, and even utilized tools like the Bitcoin.com Wallet app.
The provided instructions for sending and receiving Bitcoin, Ethereum, and other cryptocurrencies through the Bitcoin.com Wallet app are straightforward and align with best practices in the crypto space. Here's a breakdown of the key concepts covered in the article:
Bitcoin.com Wallet App:
The article focuses on using the Bitcoin.com Wallet app for managing Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum, and other popular cryptocurrencies.
Receiving Cryptocurrency:
Open the Bitcoin.com wallet app.
Tap the 'Receive' button.
Choose the specific wallet (BTC or BCH) for the cryptocurrency you want to receive.
The selected wallet generates a unique address for receiving coins.
Share this address with the sender, either by copying it or letting them scan the QR code.
Sending Cryptocurrency:
Open the Bitcoin.com wallet app.
Tap the 'Send' button.
Paste the recipient's wallet address or scan their QR code.
Choose the wallet (BTC or BCH) from which you want to send.
Enter the amount to send and proceed to 'Continue.'
Review the transaction details and confirm by sliding to send.
Moving Funds Between Wallets:
If you want to move funds between your own wallets:
Select 'My Wallets' in the 'Send' section of the app.
Choose the wallet you want to move funds from and tap 'Continue.'
Swap Tool for Converting BCH to BTC and Vice Versa:
The article highlights the need to use the Bitcoin.com Swap tool for converting Bitcoin Cash (BCH) to Bitcoin (BTC) or vice versa.
This tool is essential for users looking to exchange one cryptocurrency for another within the Bitcoin.com ecosystem.
It's crucial to emphasize the importance of double-checking transaction details before confirming any transfer to ensure accuracy and security. Additionally, users interested in swapping BCH to BTC or vice versa should specifically use the designated Bitcoin.com Swap tool for a seamless conversion process.
Open your Bitcoin.com Wallet app and tap the 'Send' button at the top of the home screen. Select Bitcoin (BTC) as the asset to send. Paste the recipient's wallet address into the Bitcoin address field.
HodlHodl. HodlHodl is a global P2P Bitcoin exchange that allows users to trade directly with each other. The site doesn't hold users' funds, which allows it to avoid KYC and ID verification processes.
Receiving Bitcoin. To receive bitcoin, simply provide the sender with your Bitcoin address, which you can find in your Bitcoin wallet. Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, use, and manage Bitcoin and the most popular cryptocurrencies.
To generate a new cryptocurrency address, go to your wallets, select the cryptocurrency you would like to generate a new address for and select "Recieve". If you have carried out previous receive transactions, the addresses will show here. Click on "Generate a new address" to get a new wallet address.
We define a bitcoin as a chain of digital signatures. Each owner transfers bitcoin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership.
A: To transfer Bitcoin to a bank account, sell your Bitcoin on a crypto exchange for fiat currency. Link your bank account to the exchange, complete identity verification, and then withdraw the fiat cash to your bank account. Withdrawal times and fees vary depending on the exchange.
Open your wallet app. Tap Receive Payment or a similar button. Share your address (your public key) with the sender. Accept the payment when it appears in your wallet.
Give your wallet address. Provide your Bitcoin wallet address to those who intend to send you Bitcoin. The sender will be able to initiate a Bitcoin transfer from their own Bitcoin wallet to yours. ...
Check your transactions. All transaction history will be displayed in the 'Successful' section under 'Portfolio.
Visit a cryptocurrency exchange website.Create an account and verify your identity as required.Follow the website's instructions to buy your bitcoin (BTC) or other digital asset. Your bitcoin will appear in your exchange account.
For an idea of what wallet addresses look like, we'll go over a few examples. Bitcoin wallet addresses have between 26 and 35 characters and consist of both letters and numbers. They start with either "1," "3," or "bc1." Here's an example of a Bitcoin address: 1Lbcfr7sAHTD9CgdQo3HTMTkV8LK4ZnX71.
A: To transfer Bitcoin to a bank account, sell your Bitcoin on a crypto exchange for fiat currency.Link your bank account to the exchange, complete identity verification, and then withdraw the fiat cash to your bank account. Withdrawal times and fees vary depending on the exchange.
The basic way for a user to send BTC is to copy the recipient's address and then paste it into their wallet's 'send' field. Or, they can scan the recipient's QR code and automatically fill it in.
In addition to buying cryptocurrencies, you can also use Zelle to sell and send Bitcoin to another wallets. It can also be done using a cryptocurrency wallet or an exchange platform that supports your cryptocurrency.
Introduction: My name is Greg Kuvalis, I am a witty, spotless, beautiful, charming, delightful, thankful, beautiful person who loves writing and wants to share my knowledge and understanding with you.
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