How to Send Cryptocurrencies | Kriptomat

How to Send Cryptocurrencies | Kriptomat


In this video, you will find out how to send
cryptocurrencies from your Kriptomat account to any other crypto wallet. Log in to your Kriptomat account and navigate to the My wallets tab. Here you can see your balances for each digital currency supported by Kriptomat. Find the type of cryptocurrency that you want to send. In this example, we will be sending bitcoin, so we select bitcoin. Now click the Send button. A dialog box will open up. Here you can enter the bitcoin address of the recipient. Make sure that the address is correct. It is good practice to check at least the last five and the first couple of characters. Also make sure that you enter the correct address for the correct type of cryptocurrency. For example, don’t send bitcoin to an ethereum wallet or vice versa. Then enter the amount of bitcoin that you want to send — you can specify this amount either in euros or in bitcoin. In this example, we will be sending 20 euros worth of bitcoin to a friend and the system will automatically calculate the equivalent bitcoin value. Here you can also see the miner fee and the total amount that you will be sending. Click Send Bitcoin to go to the next screen where you will have to confirm the transaction. Once you do this, you will receive an SMS to your mobile phone. Enter the verification code from the SMS into this field. You can now review the transaction. You can double check the recipient address, the amount that you are sending, and the miner fee. When you are absolutely certain that you are sending the correct cryptocurrency to the correct address click Confirm and Send. This action is final and cannot be reversed. A dialog box will appear saying the transaction was successful. Close this dialog. You can now check the status of the transaction and see that it was successful. We can see the time of the transaction, the fees, and the total amount sent. When sending bitcoin, please keep in mind that the transaction can take up to one hour to be confirmed by the bitcoin network.

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