Question 1

Can I send bitcoin from one wallet to another?

Accepted Answer

Yes, it is as simple as copying an address from one wallet and pasting it in the send section of another wallet.

Question 2

How long does bitcoin take to send?

Accepted Answer

How long does bitcoin take to send is a question that can’t truly be answered, as the speed of processing depends on the network and how many payments are being validated. It can take anywhere from a few minutes to a maximum of an hour if you apply the recommended transaction fees.

Question 3

How do I send money via bitcoin for free?

Accepted Answer

Aside from the actual money you are sending, there are very few fees involved in sending bitcoin. The only fees you may run into are transaction fees, which are paid to miners for validating blocks. You can set your transaction fees very low, but then your payment will not be seen as a priority and may take longer to send. You can not send bitcoin for free, but you can technically send it for near nothing, with the risk of longer processing times.

Question 4

How can I send bitcoin instantly?

Accepted Answer

This is another tricky question as the speeds generally depend on the network speed at the time of sending, but you can speed up your processing by paying a higher transaction fee.

Question 5

Is bitcoin safe to send money through?

Accepted Answer

Yes, it is one of the safest, fastest, and more transparent ways of sending funds. It is important to note that legal regulations may make bitcoin a less safe option for those who could be living in countries that prohibit the use of bitcoin. But from a strictly financial approach, bitcoin is safe.

Question 6

What information do you need to send bitcoin?

Accepted Answer

This depends on your method of choice, but one thing you will always need is a public bitcoin address for the recipient.

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