Cryptocurrencies and especially Bitcoin, brought up a turning point in the world of digital assets and money transfers. The age of time consuming cash outs, wire transfers and checks was past and now it was time for something to suit the brand new world of fast pace assets and robots. The emergence of Bitcoin gave people new means for trading and business as it gave them the ability to send money like an email and with merely having nothing more than an electronic address.
This brought up new business niches and expanded them internationally since it was possible to send Bitcoin to anyone anywhere in the world with no need for an identity revelation.
If you have decided to transfer Bitcoin for your digital payments and money transfers too, sit tight and follow the rest of this post because we are about to tell you all the secrets about this mysterious digital asset and ways to send BTC securely.
Sending Bitcoin to someone else is as easy as sending them an email or easier. Just like with sending an email in which you must define a destination address, to send Bitcoin you must ask for the person’s wallet address. Their wallet address can vary depending on the type of Bitcoin wallet they are using.
So, simply by asking the person’s Bitcoin address and pasting it in the send field of the Bitcoin wallet app you're using, you can transfer Bitcoin to anyone you like anytime of the day, regardless of where you or they are located.
This process will not take you longer than a few easy minutes so you get to save up lots of spare time you previously used to spend on going to banks and waiting long hours in lines, waiting to transfer a few dollars to someone living a few blocks away from you, or paying your monthly bills.
Almost all crypto transfers are done instantly so you may sit in peace and be sure that it won't take longer than a few minutes for your money to fly thousands of miles away where you want it to be depending on the Bitcoin network traffic.
It is worth mentioning that all Bitcoin transfers are irreversible meaning that they can not be returned once sent. So if you by chance send Bitcoin to the wrong parametric address or the wrong person (a fraud or scam), there would be no way for you to get your money back. That’s why you need to be strongly cautious with addresses and names when aiming to transfer Bitcoin instantly.
One other point is that you never get to know the true identity of the person you want to send BTC to, and there are no legal institutions to tell you about it or trace your funds in case it gets lost.That puts you in charge of finding out the identity and reliability of the person you want to send Bitcoin to.
Sending Bitcoin to someone else’s wallet address is one way to send them money. Users can also use this to relocate their money to another different wallet they own. For this purpose the first thing you’ll need is a reliable crypto wallet to provide a secure platform for your transfer.
Once you choose it, you’ll be able to send Bitcoin to anyone you like.
Simply copy the recipient's address to your clipboard, then paste it in the send field of the Bitcoin wallet app you're using. This can also be done by scanning their BTC wallet in QR code format.
You can also send Bitcoin from one of your wallets to another. For example you can send Bitcoin from your PayPax wallet to your trust wallet by entering your trust wallet address. You can then hold your funds in your destination wallet or use it to pay for something or transfer BTC to someone else.
Choosing a reliable platform is the primary step for sending crypto to someone else.there are several factors to consider when choosing the best crypto sending platform. The first and foremost is the issue of security. Next to that comes simplicity and convenience. While these two are among the leading factors, for many other users fees are a priority.
But if you want these all together a PayPax account will be your best option. so, you want to send Bitcoin and don’t know where to start? All you need is a PayPax account that can be used to transfer BTC anywhere in the world, any hour of the day, instantly and with no troubles.
Enter the wallet address you want to send to or scan the QR code. Confirm the transaction. Job done! Your Bitcoin is on its way.
Plus, PayPax does not charge any fees for instant withdrawals.You and your friends can also exchange your Bitcoins to other forms of cryptocurrencies, digital money and fiat.
if you've chosen PayPax to send Bitcoin to someone else or another wallet address, here is a full photo guide on how to send BTC on PayPax step by step:
1. Create an account on PayPax
In order to send Bitcoin using PayPax you’ll need to create an account. Creating an account on PayPax is an easy process and is free of cost. All you need is a valid email address.
2. Login your dashboard
After creating an account, login your dashboard to be able to access your desired option from the left menu.
3. Go to the wallet section
Once you create your PayPax account, you’ll automatically be given an e-wallet which you can use for your money transfers. This wallet can be found through your dashboard from the left menu.
4. Click withdraw
In the wallet section, click withdraw next to Bitcoin and you’ll be automatically redirected to a withdrawal form.
5. Enter the destination wallet address and amount
In the withdrawal form enter your destination wallet address and the amount you wish to send.As for the final step click send and your Bitcoin will be sent to the destination wallet address you had previously entered.