How do I send bitcoin?
How to send and receive on-chain bitcoin to another address
Last updated
How to send and receive on-chain bitcoin to another address
Last updated
Here we will receive our first bitcoin transaction and understand what you need.
When we say "on-chain" we are referring to the main Bitcoin blockchain. To reduce fees and include more features, Bitcoiners have made other networks that utilize the Bitcoin blockchain (the next section will talk about the Lightning Network)
Welcome to our in-depth guide on sending Bitcoin using the BitMask Wallet — a user-friendly, secure solution designed for seamless Bitcoin transaction management. This blog post is your gateway to acquiring the knowledge and confidence needed to send Bitcoin effortlessly and with peace of mind.
So, if you’re ready to embark on the journey of mastering the art of sending Bitcoin via the BitMask Wallet, let’s plunge right in!
Sending Bitcoin on L1:
Open your existing wallet or create a new one. Here’s the article on how to create your first wallet.
2. Press ‘Send’ and choose ‘Send Bitcoin on-chain’ for L1 Bitcoin transactions. Keep in mind that BitMask is a Taproot wallet, and Bitcoin can only be sent to other Taproot-supported wallets. Here is a list of Taproot-supported wallets: list.
3. Enter the recipient’s wallet address or scan the QR code if you’re using the web wallet on your phone. Enter the amount of satoshis (sats) you want to send, choose the transaction fee rate, and click ‘Next’.
4. On the next step, you can double-check your transaction details, and once you are satisfied, click ‘Confirm’.
5. Congratulations! You have made your first Bitcoin L1 transfer in BitMask.
6. Now you can check the status of your payment on the Mempool. Click ‘View Transaction on Mempool’.
Great work. If you have any questions, please reach out to our community for assistance and connection. Our Community