Abra is a cryptocurrency wallet that allows you to buy, sell, and hold multiple cryptocurrencies, including bitcoin. It also allows you to send and receive bitcoin from other Abra users. If you’re new to Abra and want to learn how to send bitcoin on the platform, this article will guide you through the process.
Step 1: Create an Abra account
The first step to sending bitcoin on Abra is to create an account. To do this, download the Abra app from either the App Store or Google Play Store, depending on your device. Once you have downloaded the app, open it and click on “Create Account.” You will then be prompted to enter your email address and a password. After you’ve done this, click on “Create Account” again.
Step 2: Add bitcoin to your Abra wallet
Before you can send bitcoin on Abra, you must first add it to your wallet. To do this, click on the “Add Money” button on the app’s main screen. You can then choose to add bitcoin by either depositing it from an external wallet or buying it using a bank transfer or credit card. Follow the prompts to complete the transaction.
Step 3: Navigate to the “Send” tab
Once you have added bitcoin to your Abra wallet, navigate to the “Send” tab on the app’s main screen. This tab is located at the bottom of the screen and is represented by a paper airplane icon.
Step 4: Enter the recipient’s details
On the “Send” screen, you will be prompted to enter the recipient’s details. This includes their Abra username, email address, or phone number. If you’re sending bitcoin to someone who is not an Abra user, you can still send it to their email address or phone number. Abra will create a temporary wallet for them, and they can claim the funds by creating an account.
Step 5: Enter the amount of bitcoin you want to send
After entering the recipient’s details, you will be prompted to enter the amount of bitcoin you want to send. You can do this by either typing in the amount or by using the slider at the bottom of the screen. Abra will display the current exchange rate and the estimated USD value of the transaction.
Step 6: Review and confirm the transaction
Before sending the bitcoin, review the transaction details to ensure they are accurate. This includes the recipient’s details, the amount of bitcoin you’re sending, and the network fee. Once you’re satisfied, click on the “Send” button to confirm the transaction.
Step 7: Wait for the transaction to confirm
After you’ve confirmed the transaction, Abra will process it and broadcast it to the bitcoin network. You will be able to view the transaction details, including the transaction ID, on the app’s main screen. The time it takes for the transaction to confirm will depend on the bitcoin network’s congestion and the network fee you included in the transaction.
Step 8: Notify the recipient
Once the transaction has been confirmed, notify the recipient that they have received the bitcoin. They can then log in to their Abra account to view the transaction details and the bitcoin in their wallet.
Sending bitcoin on Abra is a straightforward process that involves creating an account, adding bitcoin to your wallet, entering the recipient’s details, and confirming the transaction. By following these steps, you can send bitcoin to anyone, anywhere in the world, quickly and securely.