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How to use BTC(COINBASE)

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please follow these steps on how to send and receive BTC

 

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PLEASE REMEMBER THAT BTC ADDRESS CHANGES EVERY ONCE A WHILE SO ALWAYS RE-CHECK IT

always copy paste the AMOUNT and the BTC ADDRESS, less or more amount will result in transaction failure

 

if you have any other questions please post below

 

NOTE: Bitcoin transaction takes time and this is why

 

Quote

 

Why must I sometimes wait for my transaction to clear?

Because your transaction must be verified by miners, you are sometimes forced to wait until they have finished mining. The bitcoin protocol is set so that each block takes roughly 10 minutes to mine.

Some merchants may make you wait until this block has been confirmed, meaning that you may have to make a cup of coffee and come back again in a short while before you can download the digital goods or take advantage of the paid service.

On the other hand, some merchants won’t make you wait until the transaction has been confirmed. They effectively take a chance on you, assuming that you won’t try and spend the same bitcoins somewhere else before the transaction confirms. This often happens for low value transactions, where the risk of fraud isn’t as great.

Source:http://www.coindesk.com/information/how-do-bitcoin-transactions-work/

 

2 hours ago, donders said:

AVOID GETTING SCAMMED:

Once the status shows 'pending' in your account you're good to go. BUT if the person that sent you the bitcoin only shows a picture of the BTC that he sent, this can be faked. Always wait for the btc to turn up in your account as pending!

 

 

Edited by leoshiro

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Should also add an avoid getting scammed part.

Once the status shows 'pending' in your account you're good to go. BUT if the person that sent you the bitcoin only shows a picture of the BTC that he sent, this can be faked. Always wait for the btc to turn up in your account as pending!

 

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2 hours ago, donders said:

Should also add an avoid getting scammed part.

Once the status shows 'pending' in your account you're good to go. BUT if the person that sent you the bitcoin only shows a picture of the BTC that he sent, this can be faked. Always wait for the btc to turn up in your account as pending!

 

done, thanks :)

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18 minutes ago, NinjadGuy said:

thnx for the guide.

pending status with 0 confirmations is safe? looked around a bit and seems like u need at least 3 confirmations, 6 to be 100% sure.

@leoshiro

@donders

once it appears on your end you are good to go

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