WazirX is one of India’s leading cryptocurrency exchanges, allowing users to buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and others. If you have Bitcoin in your WazirX wallet and want to send it to someone else, it’s a straightforward process. Here’s how to send Bitcoin on WazirX:
Step 1: Log in to your WazirX account
First, log in to your WazirX account. If you don’t have an account, you’ll need to create one first.
Step 2: Go to your Bitcoin wallet
Once you’ve logged in to your WazirX account, go to your Bitcoin wallet by clicking on the “Funds” tab and then selecting “Bitcoin.” This will take you to your Bitcoin wallet, where you can see your balance and any recent transactions.
Step 3: Click on “Send”
To send Bitcoin to someone else, click on the “Send” button at the top of your Bitcoin wallet page.
Step 4: Enter the recipient’s Bitcoin address
Next, you’ll need to enter the recipient’s Bitcoin address. This is a long string of letters and numbers that uniquely identifies their Bitcoin wallet. Make sure you enter the address correctly, as sending Bitcoin to the wrong address can result in irreversible loss of funds.
Step 5: Enter the amount of Bitcoin you want to send
After entering the recipient’s Bitcoin address, enter the amount of Bitcoin you want to send. You can either enter the amount in Bitcoin, or in your local currency (such as INR). WazirX will automatically convert the amount to Bitcoin based on the current exchange rate.
Step 6: Review and confirm the transaction
Before sending the Bitcoin, review the transaction details to make sure everything is correct. Once you’re satisfied, click on the “Send” button to confirm the transaction. You’ll be asked to enter your WazirX account password or use Two-factor authentication to confirm the transaction.
Step 7: Wait for the transaction to be confirmed
After you’ve confirmed the transaction, you’ll need to wait for it to be confirmed by the Bitcoin network. This typically takes a few minutes, but can sometimes take longer if the network is congested. Once the transaction has been confirmed, the recipient will receive the Bitcoin in their wallet.
In conclusion, sending Bitcoin on WazirX is a simple process that can be completed in just a few steps. Make sure to double-check the recipient’s Bitcoin address and the amount you’re sending before confirming the transaction. And always remember to keep your WazirX account secure by using strong passwords and enabling Two-factor authentication.