How long does it take for someone to receive Bitcoin?

Hyo Corbeil asked, updated on January 1st, 2021; Topic: bitcoin
👁 530 👍 20 ★★★★☆4.3

Bitcoin transfer times can take as little as 10 minutes to hours, days, or even more than a week. This is mainly because miners have to verify the transactions, and the network can lag sometimes.

Follow this link for full answer

In no way, can Bitcoin payments be traced?

All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network. ... Anyone can see the balance and all transactions of any address. Since users usually have to reveal their identity in order to receive services or goods, Bitcoin addresses cannot remain fully anonymous.

In spite of that, how do I receive Bitcoins through email? First you create a Bitcoin wallet, online, desktop hardware whatever. From the wallet, you create a “receive” address. You give this address by all means (email included) to the people that want to send Bitcoins to you. When people send you Bitcoins to the address you gave them, you will see them in your wallet.

All the same, how do I pay someone using Bitcoin?

QR codes make it easy to pay from a bitcoin wallet app on your smartphone (including the Coinbase app for Android or iOS). Simply scan the QR code and it will pre-fill the recipient bitcoin address and the requested payment amount. Once you send the transaction, the payment is complete.

How do I make a Bitcoin transaction anonymous?

The key step in making bitcoin more anonymous is to mix your coins. Often called coin tumbling or laundering, this involves mixing coins from multiple parties. By doing so, you can break the connection between the sender and receiver of the coins, and therefore make transactions practically impossible to trace.

2 Related Questions Answered

Can you send a message to a Bitcoin address?

The bitcoin protocol does not support messages. The website has created their own database separate from the bitcoin network. In this database of theirs, they allow their users to create a message when sending a bitcoin payment.

Why is my bitcoin transaction still pending?

Incoming transactions show up in your account almost instantly (within a few seconds) but will show as 'Pending' until there have been enough network confirmations. The number of confirmations needed is based on the digital currency. Once a transaction is verified, it will show Complete in green.