You cannot transfer local currencies like dollars or euros from your bank into the Bitcoin.com Wallet app because the app supports only cryptocurrencies. Please note that the wallet does support stablecoins like USDC and USDT.
If you’re looking to buy cryptocurrencies, please refer to this guide.
Sending local currency like U.S. dollars to the Bitcoin.com
Bitcoin.com
As a cryptocurrency company, Bitcoin.com provides products, services, and information related to the purchasing, selling, storing, and using of cryptocurrencies. Bitcoin.com's flagship product is the Bitcoin.com Wallet, a platform for buying, selling, trading, holding, using, and managing cryptocurrencies.
Wallet app. You cannot transfer local currencies like dollars or euros from your bank into the Bitcoin.com Wallet app because the app supports only cryptocurrencies.
You cannot transfer directly from a bank account to a Bitcoin wallet. You need to wire transfer to an exchange like Coinbase or Kraken. And buy bitcoin from there. Then you will be able to withdraw from the exchange to your Bitcoin wallet.
Coinbase Wallet messaging lets you send messages from within the app to other wallet addresses and ENS identities that are also part of the XMTP network. In the future, you will also be able to transfer crypto from directly inside a message thread, exchange offers on NFTs, and more.
The basic way for a user to send BTC is to copy the recipient's address and then paste it into their wallet's 'send' field. Or, they can scan the recipient's QR code and automatically fill it in.
You can buy Bitcoin in the Bitcoin.com Wallet app in a few taps. Pay with credit card, bank transfer, or payment app and receive Bitcoin directly in your self-custody wallet. Bitcoin can also be purchased directly on this page and sent to the Bitcoin wallet of your choice.
Users don't actually transfer money from their Bitcoin wallet to their bank account. It is important to note that most banks don't recognize Bitcoin. Users have to sell it on a crypto exchange first, then transfer the fiat proceeds (EUR, USD, GBP) to their bank account.
Cost: Low. Paper wallets are a simple way to gift crypto, as they're meant for one-time use and can be transferred by handing the paper to someone. This method is best for smaller amounts of crypto, as it's not the most secure way to transfer funds.
Open your Bitcoin.com Wallet app and tap the 'Send' button at the top of the home screen. Select Bitcoin (BTC) as the asset to send. Paste the recipient's wallet address into the Bitcoin address field. If you're in person, select “Scan QR code” and simply scan it with your app.
Is it safe to give out my crypto addresses? You can safely give out your crypto addresses to friends, family, and acquaintances. No one can steal your cryptoassets using just your crypto addresses. They'd need both your address and the private key to it.
To receive bitcoin, you simply need to provide a Bitcoin address to the sender. Your wallet can generate these addresses as needed, and you can share this address with the sender via any method of communication.
Choose the amount of Bitcoin you'd like to buy, then choose the preferred bank transfer option.Follow the prompts to enter your Bitcoin wallet address and initiate a bank transfer payment. Our step-by-step guide to buying cryptocurrency with your bank account can be found here.
Sending bitcoin: There are no fees or tax implications for gifting stock or bitcoin. You are simply sending USD earmarked for a particular stock or bitcoin. Note that you can only send bitcoin to recipients over the age of 18.
Receiving bitcoin cash. To receive Bitcoin Cash, simply provide the sender with your Bitcoin Cash address. If the sender is using the Bitcoin.com Wallet app, they'll also have the option to send a 'Shareable Link' via any messaging app, email, SMS etc.
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