Sending Bitcoin (BTC)

Modified on Thu, 02 May 2024 at 01:01 PM

Signing up for a Paxful account comes with a free wallet that enables you to send Bitcoin to both internal and external wallets. To send Bitcoin from your Paxful wallet:


1. Log in to your Paxful account and click Wallet. 

2. Look for Bitcoin (BTC) currency under Assets and click SEND. The Send cryptocurrency dialog box will then appear.



3. Enter the recipient’s Bitcoin address into SEND TO field, or if you’re sending BTC to another Paxful user, you can enter their username by clicking PAXFUL USER. Indicate the Bitcoin amount in the AMOUNT TO SEND field and click Continue.


4. Double-check the receiver’s Bitcoin address (or username) and the amount you are about to send. If you have enabled 2FA for sending Bitcoin, enter your 2FA one-time password into the 2FA Code field and click Send.


Fees for Sending Bitcoin (BTC)

Wallet Type
Send
Receive
External Wallet

Dynamic BTC Fee


Please note: This fee can change without notice, due to network and handling fees. We transparently display the expected fee right before your external transfer. Remember to double-check before you initiate the transfer.

no fee
Internal Wallet

A fee of 1% of the amount being sent with a minimum of 1 USD

no fee


Your Bitcoin is sent successfully, and you are redirected to the Wallet page.


Note: To ensure a successful transaction status, you can go to the Transactions tab and check your last outgoing transaction. If you made a transaction to a non-Paxful wallet, read our article on how to check the transaction status for such transfers.



Warning: If your country is on the OFAC grey list, sending Bitcoin to an external wallet requires you to verify your ID.



To send Bitcoin to your Paxful wallet check out how to deposit Bitcoin


If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.