Fastest Way To Send Bitcoin

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Coinbase generally makes your funds available in your account as soon as payments clear. Since Coinbase partners with various payment service providers in different geographic regions, the timing will vary according to your location and payment method used.
You can see the delivery time of your orders at any time by clicking on the specific order on your history page.

US Customers

Fastest Way To Send Bitcoin Converter

Bitcoin

Purchases made using a debit card or the USD wallet are made available instantly.
When using bank transfers, the ACH bank transfer system is used for payments with your bank account. The ACH bank transfer system typically takes 3-5 business days* (which may be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase. The timing will be displayed prior to confirming your order.

You may see the funds immediately debited from your bank account when you initiate the transfer, but the funds will not be transferred to your wallet until your payment has finished moving between the banks and clears in our bank account.

Fastest Way To Send Bitcoins

After the banks have processed the transfer, the funds enter our system and you will see the money in your account sometime before the end of the estimated delivery day. This date is shown on the confirmation window when placing your order and can be located in the order confirmation email you received from us. End of the day is considered 11:59 PM PST.
Some customers may be eligible for instant bank purchases for their account.

European Customers

Since your local currency is stored within your Coinbase Fiat Wallet account, all standard purchases, as well as those made with a debit card, occur instantly. Deposits to your EUR Wallet using SEPA transfers can take up to 2-3 business days to complete.

United Kingdom Customers

Since your local currency is stored within your Coinbase Fiat Wallet account, all standard purchases, as well as those made with a debit card, occur instantly. Deposits to your GBP Wallet using GBP bank transfers (Faster Payments) normally complete within 1 business day.

Canadian and Australian Customers

For Canadian and Australian customers, purchases made using debit cards are available instantly.
*Your transaction details will always show the expected completion date of your order taking all these factors into account.

Learning how to send bitcoin may seem like a daunting task, but it isn’t. In fact, it could be compared to the simplicity of buying and selling, just with some slightly different steps.

In this article, we will show you how to send coins between addresses, using a Coinbase account as an example.

Sending and receiving digital currency may look a little different, depending on which service/wallet you chose, but the steps do share a typical standard.

Receiving Bitcoin

To receive:

Step 1: Log in to your Coinbase account and go to the dashboard.

Easiest Way To Send Someone Bitcoin

Step 2: Under “Your Accounts” go to the wallet of the coin you wish and click “Receive.”

Your wallet is set to receive automatically. All you need to do is give the sender your address or QR code. On the window that pops up, hit “Show Address.” Give the address/QR code to the sender to copy/scan.

Make sure that the sender gets your address correct when sending it as mistakes are not allowed. An incorrect address may mean that not only will you not get your coins, but your coins may also be irretrievable if they make it to a different wallet.

Sending Bitcoin

Sending digital currency to another wallet is not so different from sending a payment via PayPal.

To send digital currency directly:

Step 1: Log in to your Coinbase account and go to the dashboard.

Fastest Way To Send Bitcoin

Step 2: Under “Your Accounts” go to the wallet you wish to send from and hit “Send.”

Step 3: Select “Wallet Address” and enter the recipient’s wallet address in the recipient box. Typically, wallet addresses are easy to copy and paste in or scan when using QR codes. Select the wallet you wish to send from and then input how much you wish to send in USD or in BTC, adding a note if you wish.

Note: Pay attention to the network fee as this cost will be deducted from the total you send, so be sure to top up the value of the send accordingly.

Step 4: Hit “Continue.” and you will see a confirmation screen. Enter the verification code that was sent to you via your two-step verification. Hit “Confirm” when you are ready to send the digital currency.

Once confirmed, your coins are sent. This process can be instant or take up to an hour or so.

If you do not want to send coins directly to a wallet address, you have the option of sending coins to an email address. Here are the steps to do so:

Step 1: Log in to your Coinbase account and go to the dashboard.

Step 2: Under “Your Accounts” go to the wallet you wish to send from and hit “Send.”

Step 3: Select “Email Address” enter the recipient’s email address. Select the wallet you wish to send from. and how much you wish to send in USD or in BTC, the note is optional.

Step 4: Hit “Continue.” You will see a confirmation page. Enter the verification code that was sent to you via your two-step verification. Hit “Confirm” if you are ready to send the coins.

The recipient will receive an invitation via email to log into the Coinbase system and enter his or her wallet address. Once the recipient enters a receiving wallet address, the coins will be transferred.

Fees

Transferring coins between wallets is not free unless it is between wallets from the same provider or wallets you own. Fees are paid to miners for confirming the transaction and keeping the blockchain secure, and this cost is determined across a number of facets, including which wallet provider you are using.

There are resources available to help you determine what the fee will be, but note that this figure is always changing.

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For web-based and software-based wallets, there may be a service fee that is charged separately by the wallet’s provider as an addition to the fee paid to miners. This is not often added to the transferral for sent coins, but typically automatically withdrawn from your wallet or from incoming transmissions, so do pay close attention.

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