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The term Bitcoin has now become part of the financial dictionary. Now, nowhere people are not familiar with this cryptocurrency. Many countries have accepted bitcoin, but there is still someplace where it is not accepted. We can say by the entry of Bitcoins, many things changed, many transactions or what people used to say changed and it seems it will keep on changing in future as well. Selling and buying Bitcoins was never a complicated task. On the other hand, Bitcoin made transactions easy and safe. People were getting used to it. Even many big organizations have started accepting Bitcoins as payment methods as well. The selling and buying process online has become much easier with time and with great evolutions. It just requires an online wallet to do transactions.
When we talk about an online wallet, there is a lot of wallets that can be hard to pick from one. Whenever you have chosen a wallet, choose a good wallet as per your requirement. But there is one more aspect to Bitcoin, which takes us to transfer Bitcoins within wallets. Many people are aware of it but many seem to be unknown. Transferring Bitcoins from one wallet to another may be a little tricky and you need to know everything about it and learn how to do it. Let’s talk more about transferring Bitcoins from one wallet to another and meanwhile see how the process works. If you are interested in bitcoin trading, then visit techdee.com
Accepting Bitcoins
It’s not that difficult to find a coin, but you’ll just have to follow 4-5 steps. Any time you start it, you’ll need to create a coinbase account and login to it. In the dashboard, you can see the option name Account. Just click left on the tab and select the wallet you want to accept the Bitcoin. You must click on the receive button once to receive it. Now your wallet is all ready to receive Bitcoins. For processing further, you must give the sender your address. You can send your address via QR code also. The sender can easily scan the code and that easily the transaction is done. You must take some precautions whenever you send your address. If you turn out to be incorrect, the transfer may not happen, and even your coins can be credited to that wrong address which you gave by mistake. This kind of glitch cannot be there, so one must be very cautious.
Sending Bitcoins
Now that we have learned how to receive Bitcoins, let us see how we can send them. The process of sending and receiving bitcoin which is quite the same. Even for sending them you first need to log in to your Coinbase account and go to the dashboard. Select the wallet you want to send coins to, but before confirming, just look at the fees that you might have to pay. It might get completed by a two-step verification method. Just enter the code and you are done. Just press the confirm button.
Try with Email-Address
If you do not want to send it directly to your wallet, you can also send it to your email address. Just repeat the basic process, login into your Coinbase account, and go to the dashboard. Select the correct type of wallet and press send. Here you need to hold on. Just enter the correct email of the receiver with any note you want to add extra with the amount of want to send. The process will get completed again with the verification code and just like that your transaction is done. In the end, the receiver will get an invitation on the email and will get notified about the transfer.
Final Words
The whole process seems quite interesting and easy, but it is always advisable to be very careful while doing it. You must enter all the details very clearly and correctly, that no mistake happens, and your transaction is a success.
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