• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Coinsource – The World's Leader in Bitcoin ATMs – The Most Trusted Bitcoin ATM Network

Coinsource - The World's Leader in Bitcoin ATMs - The Most Trusted Bitcoin ATM Network

BUY BITCOIN INSTANTLY WITH CASH FROM COINSOURCE

  • Create Account
  • Locations
  • Host a Kiosk
  • Own An ATM Network
  • Affiliates
  • Blog
Contact Us

Can I Use Bitcoin to Send Money to a Person?

You are here: Home / FAQs / Can I Use Bitcoin to Send Money to a Person?

August 7, 2018 by MICA - Mobile Interactive Coinsource Assistant

In addition to buying things with Bitcoin, one of its awesome uses is that you can securely send digital money to anyone who has a Bitcoin address, and the transaction fees, especially for larger transfers, are generally much less than methods like Western Union, MoneyGram, and similar providers. The fee for sending Bitcoin to someone is set by and paid to Bitcoin miners. Coinsource does not charge any fees to send digital currency to another user.

To start, you’ll need a Bitcoin wallet. Download the Coinsource Bitcoin Wallet app for Apple here, and for Android here.

Coinsource has no access to your Bitcoin wallet. It’s REALLY important that you keep track of your username and password for your wallet app because if you forget it or lose it, you’ll lose access to your Bitcoin.

Related Posts

  • How Can I Spend Bitcoin?

    Now that you own Bitcoin, you may wonder what you can purchase or pay for…

  • What is Bitcoin Mining?

    What is Bitcoin mining? Simply put, Bitcoin mining is the process of using computers to…

Category iconFAQs

Subscribe to our newsletter

Get the latest from Coinsource delivered right to your inbox

Primary Sidebar

Categories

  • Bitcoin ATMs
  • Coinsource A Deeper Dive
  • Coinsource Media
  • Crypto News & Info
  • Definitions
  • FAQs
  • Videos

Recent Posts

  • What Is Cryptocurrency?
  • Crypto And Privacy
  • The 1918 Pandemic, the Current Pandemic, the Economy, and Cryptocurrency
  • A Simple Guide to Currency Stability in Fiat & What That Means for Crypto
  • Can You Flip Bitcoin?

Search

Archives

  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • May 2020
  • February 2020
  • January 2020
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • June 2018
  • March 2018
  • February 2018
  • January 2018
  • November 2017
  • July 2017
  • May 2017
  • February 2017

Footer

Sitemap

  • Home
  • Create an Account
  • How to Enroll with Coinsource
  • Own Your Own ATM Network
  • Host a Coinsource ATM
  • Bitcoin ATM Locations
  • Customer Support
  • FAQs

Company

  • Contact Us
  • About Us
  • Legal & Privacy
  • YouTube Videos
  • Social Links and News
  • Blog

Newsletter Signup

  • This field is for validation purposes and should be left unchanged.
  • Facebook
  • Instagram
  • Twitter
  • YouTube

Copyright © 2021  All rights reserved. Return to top