How do I send and receive Bitcoin?
- Set up a Bitcoin wallet: Before you can receive or send any Bitcoin, you will need to set up a Bitcoin wallet. A Bitcoin wallet is similar to a bank account but is much more secure, as it is not controlled by a single entity like a bank. You can choose from various types of wallets, including mobile wallets, software wallets, hardware wallets, and web wallets.
- Buy Bitcoin: Once you have set up your wallet, you will need to buy Bitcoin. You can buy Bitcoin from online exchanges or from Bitcoin ATMs.
- Send/Receive Bitcoin: Now you can send or receive Bitcoin. To send Bitcoin, simply enter the recipient’s address into your wallet and specify the amount you want to send. To receive Bitcoin, provide the sender with your public address. When the transaction is complete, the Bitcoin will be transferred to your wallet.
