How Will I Spend, Receive or Send Bitcoins? page 1

Wed, Apr 4 2018 8:50
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How Will I Spend, Receive or Send Bitcoins?

Thu, Apr 12 2018 3:34
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Mobile wallets that you can easily access on your smartphone are widely considered the most convenient option for sending and receiving remittances as well as using your bitcoins as spending money.

Once the recipient has received his or her bitcoins, which should arrive within the hour, he or she can then exchange the bitcoins into local currency on a local bitcoin exchange online or spend the bitcoins using their Wirex card.

Claiming the funds on a paper wallet requires software. This software is usually referred to as a “wallet”, which should not be confused with your paper wallet. Web wallets offer an especially convenient kind of software that runs within a browser.

Spending funds from a Bitcoin paper wallet is a three-step process consisting of creating a software wallet, importing the paper wallet into the software wallet and spending funds from the software wallet.


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