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How to send and receive Bitcoin?

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Written by Pierre-Louis
Updated over 2 weeks ago

📤 How to send/withdraw Bitcoin?

1. Withdraw Bitcoin via the Bitcoin blockchain

  • Go to the Send tab in the Bitstack app

  • Tap New recipient

  • Tap Bitcoin Wallet

  • Scan a QR code or manually enter the recipient’s Bitcoin address

  • Select the name of the destination platform or wallet

  • Enter an amount (minimum: 10,000 satoshis)

  • Choose a transaction speed (which affects fees and processing time)

  • Tap Continue, then Confirm

To learn more about how a Bitcoin transaction works: 🧾 What happens when you send Bitcoins?

If you wish to check the status of a transfer: How to verify the status of a Bitcoin transfer?

2. Send Bitcoin to another Bitstack user (free)

To transfer to another Bitstack user:

  • Go to the Send tab in the Bitstack app

  • Tap New recipient

  • Tap Bitstack Pay

  • Search for the recipient by name, phone number, or email address

  • Enter the amount (minimum: €0.01 or 1 satoshi)

  • Tap Continue to review the details, then Confirm

📥 How to receive Bitcoin from another wallet or platform:

  • Go to the Savings tab in the Bitstack app

  • Tap the arrow to the right of the Sell button

  • Tap the Receive button

  • Scan the QR code or copy the Bitcoin address

🌐 Which networks are available for Bitcoin deposits and withdrawals?

Currently, we only support Bitcoin addresses on the traditional Bitcoin network. We chose this network because it is the most secure for your Bitcoin transactions.

⚡ Does Bitstack support deposits and withdrawals via the Lightning Network?

Bitstack does not yet support the Lightning Network to send or receive Bitcoins. However, this is a feature we would like to add in the near future.

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