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Can I send bitcoin to multiple recipients at once?

avatarCardenas MurdockDec 28, 2021 · 3 years ago3 answers

Is it possible to send bitcoin to multiple recipients in a single transaction? I want to know if there is a way to save time and transaction fees by sending bitcoin to multiple people at once.

Can I send bitcoin to multiple recipients at once?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to send bitcoin to multiple recipients in a single transaction. This feature is known as 'batching' and it allows you to save time and transaction fees. Batching works by combining multiple payments into a single transaction, thus reducing the number of transactions on the blockchain. However, not all wallets or exchanges support this feature, so you'll need to check if your wallet or exchange has this functionality.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Sending bitcoin to multiple recipients at once is a great way to streamline your transactions. By batching multiple payments into a single transaction, you can save on transaction fees and reduce the load on the blockchain. Just make sure that your wallet or exchange supports this feature before attempting to send bitcoin to multiple recipients.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can send bitcoin to multiple recipients at once. At BYDFi, we offer a feature called 'Multi-send' that allows you to send bitcoin to multiple addresses in a single transaction. This feature is designed to save you time and transaction fees. Simply enter the recipient addresses and the corresponding amounts, and our platform will handle the rest. Give it a try and experience the convenience of sending bitcoin to multiple recipients at once!