What is the process for sending and receiving Bitcoin on Coinbase?

1 answers

• May 03, 2022 · 3 years ago
  Certainly! The process for sending and receiving Bitcoin on Coinbase is quite simple. First, you'll need to create an account on Coinbase and complete the verification process. Once that's done, you can access your Bitcoin wallet by going to the 'Accounts' tab. To send Bitcoin, click on the 'Send' button and enter the recipient's Bitcoin address. Make sure to double-check the address to avoid any mistakes. After that, enter the amount you want to send and confirm the transaction. To receive Bitcoin, you just need to provide your Bitcoin address to the sender, and they can initiate the transfer. Keep in mind that Coinbase charges a small fee for each transaction, so be aware of that before making any transfers.
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