Is it possible for me to transfer that Bitcoin from its current wallet BTC-e into a wallet that I have on another market, like LocalBitcoins? If so, how can I do that and is there a fee? It will then ask you to what bitcoin address you want to withdraw and how much.
Receiving Bitcoin
I don't think a lot of exchanges would support this at all actually unless by cash you also mean bank transfers? All exchange websites have a Withdraw option that allow you to send BTC to another wallet a local or an online-wallet you own on another exchange website.
But be careful, some platform make you pay transaction fees, you'll have to check on the Fees page to find it. Sign up to join this community. The best answers are voted up and rise to the top. Stack Overflow for Teams — Collaborate and share knowledge with a private group. Create a free Team What is Teams? Learn more. Asked 7 years, 2 months ago. Active 3 years, 10 months ago. Viewed 62k times. Improve this question. John Martin John Martin 2 2 gold badges 2 2 silver badges 3 3 bronze badges. You are asking mostly about how to send and receive bitcoins. All the sites you talked about have a deposit and withdraw feature that allows you to send to addresses or receive.
Your Bitcoin wallet is where you will store, receive, and distribute bitcoins. Each Bitcoin wallet is composed of unique private keys, which you use to spend or transfer bitcoins. Set up a wallet. In order to make bitcoin transactions, you'll need to choose and set up a Bitcoin wallet. There are three primary types of Bitcoin wallets: Software wallets - this Bitcoin wallet is effectively a digital wallet.
Hosted wallets - these digital Bitcoin wallets are operated by a third party company. They offer the same advantages as a software wallet, but you'll need to be sure that you trust the particular third party company and their platform before using a hosted wallet. Physical wallets - a physical wallet is essentially a physical paper ledger used to keep funds safe offline.
You can easily receive bitcoins from others into your physical wallet, but you'll need to import your bitcoins into a software or hosted wallet online in order to spend them. Evaluate your wallet options. There are three main types of Bitcoin wallets, but there are many variations on those primary categories. If you're new to Bitcoin, it may be best to use a software wallet that won't require huge downloads or commitments called "thin client software".
Sending Bitcoin
Try a wallet like Electrum or Multibit. If you'd rather let someone else handle the process of securing bitcoins, you may want to try using a hosted wallet service. These wallets can be setup and accessed on any browser or a mobile app, but do your research to be sure you can trust the host. If you plan on storing up bitcoins with no intentions of making frequent transactions, an offline storage wallet might be best for you. You can use a physical paper wallet or an offline software wallet such as Armory. If you have some experience and proficiency in using the Bitcoin system, you may want to use something like Bitcoin-QT or Armory instead of a third party server.
Is there a way to automatically send bitcoins from one wallet to another? - Bitcoin Stack Exchange
You'll be able to store the entirety of each block chain on your computer, but you'll need a lot of storage space at least 16 gigabytes. Part 3 of Sell products or services for bitcoins. Every new bitcoin that comes into existence is the product of a previous transaction. The only way to get bitcoins when you don't have any is by receiving them in a transaction from someone else, buying them for cash, or by mining new bitcoins.
If you know someone who currently uses Bitcoin, you may request that that person sends you a predetermined number of bitcoins. If you do not know anyone who uses Bitcoin, you may receive bitcoins by offering some type of transaction with other Bitcoin users, and you will be paid in bitcoins. The other option is to "mine" for bitcoins. Mine for bitcoins. If you cannot get bitcoins from anyone else in the Bitcoin network, you can earn them by mining for them. Mining simply means that you solve a complex mathematical puzzle which helps verify other people's transaction histories, and in return you're awarded with free bitcoins.
It's free to receive bitcoins, but you'll typically pay a fee for sending them in a transaction. For more information on mining, see how to mine bitcoins. Buy bitcoins. If you do not know anyone on Bitcoin, do not have anything to sell, and do not want to mine for new bitcoins, you can buy bitcoins through the network. This can be done in one of three ways: Buy bitcoins from a person - you can purchase bitcoins through person-to-person marketplaces and pay with cash in person or deposit , bank transfers, money wires, PayPal, and other methods. The trick is finding someone trustworthy, so it may be worth using an escrow service such as CoinCola or LocalBitcoins to protect yourself against fraudulent offers.
OTC platforms usually also allow you to a upload an ID proof. For added security during your trades, you may require the ID proof of your trading partner.
- Can You Transfer Cryptocurrency from One Wallet to Another? – The Cryptocurrency Forums.
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You'll need to create an account and have your identity verified before you can use an exchange or outlet. Many government regulations dictate whether an ATM can be installed and where, so finding an ATM near you may be difficult.
You will not be asked for any personal information, ID or credential for creating your own wallet. As your entire identity is completely anonymous, your age would not be an issue. Not Helpful 3 Helpful 6.
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Muhammad Qasim Qureshi. Use your Bitcoin wallet and your Bank account. Or use a bitcoin ATM if there is one near you. Not Helpful 3 Helpful 3. Navigate to your Portfolio page on the main navigation bar. Select the Send button for the cryptocurrency wallet that you'd like to send from.
On the send dialog, select wallet address if you're sending to a cryptocurrency wallet external to Coinbase or email address. Not Helpful 0 Helpful 0. Include your email address to get a message when this question is answered. Bitcoins are complex to use and investments in them carry a large amount of risk.
Be sure to read up on bitcoins and their proper use before investing in them. Helpful 0 Not Helpful 0.
Sending Bitcoin
Backup your wallet. It's generally a good idea to keep a backup of your wallet stored in a safe place. That way you'll be protected if there are any server errors. When you backup your wallet, consider using multiple secure locations across different forms of media. However, make sure that you never forget your password, or else your bitcoins will be permanently lost.
Make it something easy for you to remember and keep it written down in a safe place. Related wikiHows How to. How to. More References 8. About This Article. Co-authored by:. Vinny Lingam. Co-authors: Updated: September 22,