How to Send Cryptocurrency

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

So, why choose to send cryptocurrency instead of cash? First, because cryptocurrency is digital, it can be sent anywhere in the world with an internet connection. Second, cryptocurrency doesn't have physical borders like dollars, pesos, or euros, so it can be traded with anyone in the world, regardless of their location. Third, you can send cryptocurrency without sharing personal or banking information, 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 so long, they're often displayed as QR codes that can be scanned in cryptocurrency apps.

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

When sending cryptocurrency, keep the following in mind:

Each type of cryptocurrency has its own address, so make sure you're sending Bitcoin to a Bitcoin address and Ether to an Ether 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 click Send.