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What are the steps to send and receive Bitcoin using Coinbase?

avatarsingamreddy Sumanth ReddyJan 09, 2022 · 3 years ago1 answers

Can you provide a step-by-step guide on how to send and receive Bitcoin using Coinbase? I'm new to cryptocurrency and would like to understand the process.

What are the steps to send and receive Bitcoin using Coinbase?

1 answers

  • avatarJan 09, 2022 · 3 years ago
    Certainly! Here's a step-by-step guide to send and receive Bitcoin using Coinbase: 1. Open a Coinbase account and complete the verification process. 2. Go to the 'Accounts' tab and select your Bitcoin wallet. 3. To send Bitcoin, click on the 'Send' button and enter the recipient's Bitcoin address. 4. Specify the amount of Bitcoin you want to send and review the transaction details. 5. Confirm the transaction and wait for it to be confirmed by the Bitcoin network. 6. To receive Bitcoin, click on the 'Receive' button and copy your Bitcoin address. 7. Share your Bitcoin address with the sender, and they can send Bitcoin to that address. That's it! You've successfully sent and received Bitcoin using Coinbase. If you need further assistance, don't hesitate to ask.