Summary:
Sending bitcoin involves entering the recipient’s address, specifying the amount, and broadcasting the transaction to the Bitcoin network.
Details:
To send bitcoin, you open your wallet, paste the recipient’s address, enter the amount, and confirm. Most wallets will let you set a custom transaction fee—higher fees result in faster confirmations. Once sent, your transaction is included in a new block and permanently recorded on the blockchain.
Always double-check the recipient address before sending. Bitcoin transactions are irreversible—once confirmed, they cannot be undone.
Key Features:
- Requires the recipient’s bitcoin address.
- Transaction fees vary based on network congestion and speed preference.
- Transactions typically confirm in ~10 minutes (on-chain).
- QR codes simplify address input, especially on mobile.
- Double-check all details—bitcoin transfers are irreversible.