How to Send Cryptocurrency on Buycoins

Vanessa Updated by Vanessa

Each account on Buycoins comes with wallets where you can store, send and receive cryptocurrency. With your Buycoins wallet, you can send cryptocurrency to other wallets regardless of where they are hosted.

We also set optimum network fees to ensure your transaction gets confirmed on the blockchain as quickly as possible, for as little as possible. Sending cryptocurrency from the Buycoins app is very easy. To be able to send, you need the receiving wallet address and enough cryptocurrency in your wallet to cover the amount you want to send plus the network fee.

Step 1: Click on the send icon on the home page

Click on "Account" icon at the bottom right of your dashboard and then click on "Send."

Then select the coin you would like to send.

Note: You can only send Bitcoin, Ethereum, USDC, USDT, and LTC to external wallets.

Step 2: Input the recipient address and amount

Input the recipient wallet address or username and the amount you wish to send.

Coin transfer to other Buycoins users via username is free and instant!

Step 3: Review transfer details and authenticate your transaction.

Confirm the details of your transfer and click on "Send Coins". Authenticate your transfer by entering an OTP from your authenticator app.

After you have authenticated your transaction by entering your OTP, you will be required to confirm your transaction via a code sent to your email.

Step 4: Confirm transfer with code sent to your email

An email will be sent to you immediately with a code to confirm your transfer. Input the code and then click "Submit"

Step 5: You're done!

Your transfer has been processed and will arrive at the destination wallet when it's confirmed on the blockchain.

NB: It might a few minutes for your transaction to be confirmed on the blockchain. Until it is, it'll be recorded as pending.

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