How to Send Bitcoin

cryptonews.com:

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a dispersed public ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known as mining and can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. In this article, we are going to discuss how to send Bitcoin.

Bitcoin can be sent to most places in the world. There are a few places that it cannot be sent, such as Algeria, Ecuador, and Morocco. When sending Bitcoin, you need to know the recipient's address. The recipient's address is a long string of numbers and letters that look something like this: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.

To find the recipient's address, you can ask them for it or look it up on a Bitcoin directory such as Block Explorer. However, you must be careful when doing this, as many scammers pose as Bitcoin directories. Once you have the recipient's address, you can enter it into your wallet.

The next thing you need to do is enter the amount of Bitcoin that you want to send. When sending Bitcoin, you will be prompted to enter the amount of Bitcoin you want to send in either BTC or bits. To avoid confusion, we recommend using BTC when sending more significant amounts of Bitcoin and bits when sending more small amounts.

To find out how much your Bitcoin is worth in US dollars, you can use a Bitcoin pricing calculator like CoinMarketCap.com. Once you've decided how