How to send cryptocurrency?

Once you get the hang of it, it’s easy to send cryptocurrency to friends and family and use it to pay for goods and services.

So why send cryptocurrency over cash? First, because cryptocurrency is digital, sending cryptocurrency can be done from anywhere in the world with an internet connection. Second, cryptocurrency doesn’t have any physical borders like dollars, pesos, or euros, so it can be traded with anyone in the world, no matter where they are. Third, you don’t need to share personal or banking information to send cryptocurrency, which increases user privacy and reduces the risk of identity theft.

To send cryptocurrency, you need the recipient’s wallet address. A wallet address is a long string of characters, similar to a bank account number, that identifies where the cryptocurrency is going.

Because cryptocurrency wallet addresses are long, they are often displayed as QR codes that can be scanned in cryptocurrency apps.

Once you have your wallet address, simply open your cryptocurrency wallet, enter your wallet address, and select the amount of cryptocurrency you want to send.

When sending cryptocurrency, keep in mind the following:

Each type of cryptocurrency has its own address, so make sure you send Bitcoin to a Bitcoin address and Ethereum to an Ethereum address.

Once the transaction is verified and confirmed, the cryptocurrency will appear in the recipient's account. This may take anywhere from a few seconds to a few minutes.

As a Coinbase customer, you can also send cryptocurrency to any email address in over 100 countries for free. Simply open the Coinbase app, select the cryptocurrency and amount, enter the recipient's email address, and hit send.