What is the process for sending bitcoin to another person on Binance?
Muuna KumarJan 02, 2022 · 3 years ago1 answers
Can you explain the step-by-step process for sending bitcoin to another person on Binance? I'm new to cryptocurrency and would like to understand how it works.
1 answers
- Jan 02, 2022 · 3 years agoSending bitcoin to another person on Binance is a breeze! Just follow these simple steps: 1. Log in to your Binance account and go to the 'Wallet' tab. 2. Select 'Spot Wallet' and choose 'Bitcoin' from the list. 3. Click on 'Withdraw' next to your Bitcoin balance. 4. Enter the recipient's Bitcoin address accurately. 5. Specify the amount of Bitcoin you want to send. 6. Review the transaction details and click 'Submit'. 7. Confirm the transaction through the email sent to your registered email address. 8. Once confirmed, the Bitcoin will be sent to the recipient's address. It's important to double-check the recipient's address to avoid any mishaps. Happy sending!
Related Tags
Hot Questions
- 76
How can I minimize my tax liability when dealing with cryptocurrencies?
- 73
What is the future of blockchain technology?
- 63
What are the best digital currencies to invest in right now?
- 56
What are the best practices for reporting cryptocurrency on my taxes?
- 35
How can I protect my digital assets from hackers?
- 25
What are the tax implications of using cryptocurrency?
- 12
Are there any special tax rules for crypto investors?
- 11
What are the advantages of using cryptocurrency for online transactions?