How to Send and Receive Bitcoin on Shiftal

Shiftal is a peer-to-peer bitcoin exchange where you can buy and sell bitcoin at relative ease and with complete security. The platform gives you as many as 70 payment options to choose from. But, how do you send, receive or transfer bitcoins on Shiftal? It’s easy.

When you create an account on the Shiftal Exchange website, you get a free digital wallet, where you can store your cryptocurrencies, as well as send and receive bitcoins.

Note: Though Shiftal wallet transfer is very secure, we advise users to be extra careful when sending or receiving bitcoins. Always double-check the address you are using. Do not share your unique QR code or address with strangers.

How to Send bitcoins on Shiftal

‘Send bitcoin’ feature on Shiftal is very useful for users who frequently trade bitcoins and want an easy and low-cost way to do that. The bitcoin withdrawal fee on Shiftal is the lowest. Also, you can use this feature when you need to make a payment using Bitcoin to anyone, anywhere in the world.

To send bitcoins easily & securely to anyone in the world, you need to have a Shiftal digital wallet account. If you don’t already have a Shiftal account, you can create one here https://www.shiftal.com/register

After that, log in to your Shiftal account and go to the dashboard. Here, you can see your Bitcoin wallet balance. If you have sufficient bitcoins, you can initiate a send transaction right away. If not, you’ll first need to deposit bitcoins in your wallet. To do that, use another bitcoin wallet to transfer bitcoins to your Shiftal wallet.

Not sure how to deposit bitcoin in your Shiftal wallet? Go to the next section to learn how to receive bitcoins on Shiftal.

Now that you have bitcoin in your wallet, you can send it to others. To do that, you must have the Bitcoin wallet address of the recipient.

Go to the ‘wallet’ option on your Shiftal dashboard. In the ‘Bitcoin’ tab, enter the recipient’s Bitcoin address to send bitcoin. Enter the number of bitcoins you want to send. Enter transfer description/message. Click on the button to initiate the transfer.

It typically takes a few seconds for bitcoins to transfer to the recipient wallet. You’ll receive a confirmation on your registered email id and mobile number.

How to receive bitcoins on Shiftal

Same as the ‘send bitcoins’ option, Shiftal also has the option to receive bitcoins. That means you can receive bitcoin from other users easily and securely in your Shiftal wallet. Shiftal wallet can also be used by businesses that are looking to accept bitcoin payments from their users. It’s fast, secure and cost-effective than traditional payment methods.

To receive bitcoin in your Shiftal wallet, all you need to do is share your unique bitcoin address with the person you want to receive bitcoins from.

The person will use his/her Shiftal wallet or any other bitcoin wallet to send bitcoin to your address.

Alternatively, you can use your unique QR code to accept payments in your bitcoin wallet. To accept bitcoin payments using QR, send your QR code to the sender, who will scan the code in his/her bitcoin wallet app and transfer bitcoins to your address.

The process to send/receive bitcoins on Shiftal is very easy and secure.

There is also an option called ‘Internal Transfer’ that can be used when you want to send bitcoins to another Shiftal wallet user. If the recipient is also on Shiftal, you don’t need his/her bitcoin address in order to make a payment. You can now send Bitcoins using the username of a Shiftal user.

Click on the ‘Internal Transfer’ tab on your Shiftal dashboard. Enter the username of the user to whom you wish to send bitcoins. Verify the user. Now, enter the number of bitcoins to send and click to confirm.

See, it’s that easy to send/receive Bitcoins on Shiftal. Create your account today.

Originally published at https://medium.com/