Sending crypto has never been easier. It can take a few seconds to minutes once you learn how to send crypto. You can send crypto to family and friends and even purchase products and services.
Bitcoin and crypto are poised to grow even further in the coming years. Trump’s reelection to the White House sent Bitcoin to record levels. Crypto enthusiasts are hopeful that the barriers to crypto’s spread will gradually lower soon. That means more people will be using crypto for transactions.
The simplest way to send crypto to anyone is using your digital wallet. You can log in to your wallet, select the crypto you want to send, and put in the recipient’s unique wallet address. But there’s another way that uses something simpler—a crypto domain.
How to Send Crypto with Wallet Address
A Web3 crypto wallet, such as those from Coinbase or Crypto.com, can be used to send crypto. All you need for this is the recipient’s wallet address, a long combination of strings unique to the recipient. The wallet address can also be a QR code.
Keep in mind that when sending crypto via a wallet address, the address should be for the crypto you’re sending. For example, if you’re sending Ethers, the address should be for Ethers. Using the wrong address can result in a loss of crypto.
Here’s how you send web3 crypto using your wallet:
- Log in to your wallet app on a computer or mobile.
- Select the option to send/transfer crypto.
- Choose the asset you want to send.
- Type in the recipient’s wallet address or scan the QR code.
- Enter how much crypto you want to send.
- Complete the transaction.
This is the typical way people send crypto to each other. But it’s not the easiest and prone to errors. That’s because wallet addresses are usually long and random. Manually entering them for a transaction can result in errors. This issue can be addressed with wallet domains, which are much simpler.
How to Send Crypto to Someone Using Your Domain
Crypto can also be sent and received via domains linked to your digital wallet. Thanks to Pay with Domains, sending crypto using a domain address is easy.
Instead of their wallet address, you need only the recipient’s domain, which is much easier to remember and use than a long combination of strings.
Besides that, the process is pretty much the same. You will use your wallet to send crypto. Here’s how to safely send and receive cryptocurrency with a domain:
- Get the domain address of the recipient.
- Log in to your wallet.
- Select the digital asset.
- Enter the domain address.
- Send the crypto.
The same process can be used by a sender to send you crypto using your domain address.
Looking to get a Web3 crypto wallet domain? Buy domain at Freename offers endless options. Choose interesting, funny, and relevant top-level domains (TLDs) to make your crypto domain address memorable.
FAQs
How do you send someone crypto?
You can send anyone crypto using a crypto wallet. You must have a wallet with the crypto you want to send, and the recipient must also have a wallet to receive the crypto.
You can send the crypto through their wallet address or domain, selecting the correct network to transfer your selected crypto. For instance, MATIC uses the Polygon network.
What is the best way to transfer crypto?
The best way to transfer crypto is through a trustable wallet provider. Create a digital wallet with an entity you can trust that takes necessary security measures to protect users. Deposit your crypto into the digital wallet. Now, you can use the wallet to send crypto to people.
You need a crypto wallet address or domain to send and receive crypto in your digital wallet. Sending with a domain is easier than using the actual wallet address.
What are wallet domains?
Wallet domains or crypto domains are digital addresses that can be used to send and receive crypto. The domain names are similar to the web addresses we use to visit websites, except crypto domains have a variety of TLDs. These domains are linked to the crypto wallet. So when someone sends crypto to a wallet domain, it’s received in the linked digital wallet.
Wallet domains eliminate the need to use complete wallet addresses, which can be long and complex.
Are Freename wallet domains safe to transfer crypto?
Yes, Freename wallet domains are entirely safe to use as wallet domains. Freename domains are Web3 domains that are blockchain-based assets. Like crypto, Freename domains are decentralized and give the user control. They’re tamper-proof and use blockchain validations. These web3 domains work similarly to traditional domain names but exist on a highly secure ledger.