How To Use Bitcoin To Send Money

It will generally be very similar to sending money through an online checking account.

How to use bitcoin to send money. Insert your cash into the bitcoin atm. All you need to do is get their bitcoin address and you can transfer bitcoins from your wallet to theirs. You can choose between mobile wallets such as luno or use an online bitcoin wallet such as the one provided by blockchain info. Here s the basic process for transferring money through bitcoin. Your bitcoin and bitcoin cash address will change each time you request but your ether address will stay the same.

To request you can share your address or qr code with the sender. Buy bitcoin and send it to your recipient. Then you can send bitcoins to other bitcoin addresses through your wallet. Click request payment and the qr code will be generated. Make sure you do not leave the kiosk at this point until the transaction is complete.

Sending money with bitcoin 1. Deposit your fiat currency government issued currency like dollars euros and yen onto a bitcoin platform. To send funds from your wallet you need the recipient s receive address or qr code. Your recipient sells the bitcoin for fiat currency on a bitcoin platform. If you run into any issues during the transaction please reach out to our support team.

Another way to use bitcoin is by sending money to your friends or family. Remember to use a strong password to ensure you bitcoins are safe. Anyone who scans this qr code can now send money to your bitcoin core wallet. Buy bitcoins with coinjar first set up a coinjar account then complete a cash deposit. If you want to accept any number of bitcoins to go back to the request payment tab and create a new payment request but leave the amount portion blank.

Open your software wallet and click on the send tab or use the trade send bitcoin option under your wallet s menu. After buying bitcoin the amount will be reflected in your bitcoin wallet. Type in the destination address for your intended recipient s wallet.