What Are Different Ways to Send Bitcoin?

Kasta

Bitcoin had about 106 million owners, about 400,000 daily users, and about 270,000 daily transactions in 2021. As these figures increase, more and more businesses are starting to accept Bitcoin as a payment method for their goods and services. Bitcoin use across personal transactions, remittances to loved ones, allowances, and more continues to grow.

So whether you’re new to Bitcoin or you’ve been around for a while, if you’re trying to find ways to send someone Bitcoin for whatever reason, we’ve got all the details you need.

4 Common Ways to Send Bitcoin

Here are some of the most common, safest, and easiest ways to send Bitcoin to another user:

  1. Through a crypto payment app

Crypto payment apps are created to make peer-to-peer crypto transactions much more convenient to users. In fact, some crypto payment apps like Kasta allow you to send Bitcoin instantly using just a QR code or a mobile number. Here’s how it goes using the Kasta app:

  1. Log in to your Kasta account.
  2. Go to the Bitcoin page.
  3. Buy or deposit Bitcoin into your account.
  4. If the recipient is a fellow Kasta app user, get their Kasta QR code or mobile number. If they’re not yet a Kasta user, ask for their Bitcoin wallet address.
  5. Click the “Send” button on the Bitcoin page.
  6. Upload the recipient’s QR code or paste their mobile number or wallet address.
  7. Enter the amount you’d like to send.
  8. Confirm the transaction using your pin code.

Note: If the recipient is already a Kasta user, they can receive payments in Bitcoin even if you send them another currency. They just have to set up the app’s Easy Swap Engine feature and it will automatically convert the payments they receive to their preferred currency.

 

  1. Through a crypto exchange

 

Crypto exchanges are not just for trading tokens. You can also use them to send Bitcoin to another user in just a few steps. And while the end-to-end process may vary depending on the features and design of the exchange, the process is almost the same as how it works in crypto payment apps although exchanges may require more details.

  1. Log in to your crypto exchange account.
  2. Buy or deposit Bitcoin into your account.
  3. Get the recipient’s Bitcoin wallet address, network type, and/or destination tag.
  4. Click withdraw or send (depending on what the exchange used) on the Bitcoin page.
  5. Enter the details of the recipient (i.e., wallet address, and/or destination tag.)
  6. Choose the network type if required.
  7. Enter the amount of Bitcoin you’d like to send.
  8. Confirm the transaction.

 

  1. Through a crypto wallet

Crypto wallets provide a more secure option for storing crypto assets. They usually come in different forms, but most web, mobile, and desktop crypto wallets allow users to send and receive crypto to and from other users. A generalized step by step guide is as follows:

  1. Ask for the Bitcoin wallet address and/or network address of the recipient.
  2. Open your crypto wallet.
  3. Choose Bitcoin on the list of assets.
  4. Click “Send” on your crypto wallet.
  5. Paste the wallet address, destination tag, and/or other required information (some crypto wallets require names, etc.) of the recipient.
  6. Enter the amount you’d like to send.
  7. Confirm the transaction.

 

  1. Through a Bitcoin ATM

Several crypto platforms operate their own Bitcoin ATMs which allow you to buy Bitcoin by inserting cash and then send that Bitcoin to your or another user’s digital crypto wallet. Not all crypto ATMs are operate the same but here’s how it works for most of them:

  1. Create an account on the Bitcoin ATM operator’s platform.
  2. Go to one of their Bitcoin ATMs.
  3. On the machine, enter the wallet address where you want to send Bitcoin.
  4. Insert cash to pay for the  amount of Bitcoin you will send to the recipient. Take note of the transaction fee.
  5. Take your receipt and you’re done.

Takeaway

With all the platforms and options available, sending Bitcoin to another user is easier than ever. Be sure to consider security, method of purchase, transaction costs, fee structure, a seamless user experience, tech infrastructure, and customer support when choosing which platform to use.

Author: Jinka Kamma

Jinka Kamma is passionate about the prospects of blockchain and the freedom cryptocurrencies afford people across borders. He holds small amounts of bitcoin and tether.

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