How to Send Crypto

Sending Bitcoin or Other Cryptocurrencies

Sending Bitcoin or other cryptocurrencies is effortless. Sending cryptocurrency has been compared in the past to learning how to send an email. You can select the amount to send as well as the destination of where it will go. The main objective is to know the “address” of the recipient. A cryptocurrency wallet address looks like an alphanumeric string of characters.

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Cryptocurrency wallet addresses are long, often containing 26 and 35 alphanumeric characters in length, and usually start with a 1 or 3. These addresses can be represented as a Q.R. code that you can scan in various Cryptocurrency mobile applications. Once the wallet address has been obtained (destination address), please select how much will need to be sent and complete the transaction.

There is usually a small “network cost” or “gas cost” associated and included in the total transaction. These costs are often lower than using other forms of payment such as MoneyGram or Western Union (remittances).

Cryptocurrency doesn’t have any physical borders similar to dollars, pesos, or euros do. Cryptocurrency can be sent to friends, family, or merchants overseas as easily as sending it to someone sitting next to you. Lastly, you can send crypto without sharing your personal or banking info, making it more secure.

Every type of cryptocurrency has a definitive form of address. Please make sure if you are sending Bitcoin that the address is specifically a Bitcoin address. Do not send Bitcoin to an Ethereum wallet address, as you will lose your cryptocurrency.

Cryptocurrency transactions can take seconds as well as several minutes to arrive from source to destination. Once the transaction is verifiable and confirmations have been completed, the amount will be present in the wallet address.

Sending and receiving Cryptocurrencies to wallet addresses is easy. It can be used with friends and family or be sent halfway across the world.