bitcoin address Archives - Coin Guides

Generate BTC legacy address – Setup Electrum wallet to legacy address

coinguides — Fri, 15 Jul 2022 02:23:51 +0000

“Can’t withdraw using bech32?” The year is 2022 and there are still some exchanges and Bitcoin services that refuse to accept Bech32 addresses, Bitcoin address that starts with bc1. Recently one of our user said that they were trying to withdraw BTC from an exchange but can’t withdraw to their address. They were never able …

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Batch Bitcoin transactions: Send BTC to two or more recipients, addresses

coinguides — Wed, 01 Jun 2022 09:34:14 +0000

Wondering how to send Bitcoin to 2 or more addresses in a single transaction. That is sending BTC to two different address with two different amounts in a same transaction. Sure, you can do this. If you look at most Bitcoin transactions you’ll notice it having two outputs. One is the actual recipient address and the …

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What is a Multisig? How Bitcoin Multi-Signature wallets work?

coinguides — Sat, 19 Jun 2021 07:42:34 +0000

When you want to spend Bitcoin from your wallet you need to create a transaction and sign it with the corresponding private key. Its not a manual process. The wallet typically manages them automatically for you. By signing a transaction you are basically saying that “I have the key to mange these coins, I am …

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Lightweight Bitcoin wallets / Best BTC SPV clients for Desktop & Mobile

coinguides — Sat, 03 Apr 2021 07:27:58 +0000

Planning to gift your friend some Satoshi? Looking to introduce your family member into Bitcoin? That’s great! First they need to purchase the cryptocurrency. Either you could buy it for them as a gift or you can point them to an exchange and tell them how to purchase BTC from there. We recommend Binance. They …

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Signing Messages with Ledger Nano S / Nano X using Ledger Live, Electrum & MEW

coinguides — Sat, 06 Feb 2021 07:13:57 +0000

Message signing – Do you know that other than signing a transaction the private keys can also be used to sign a message. Jump to the tutorial. You can sign a message with your Bitcoin public address using your private keys. It is called Bitcoin signature. Similarly you can sign a message with your Ethereum address …

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Sending Bitcoin from specific address in core & electrum wallet – Coin control

coinguides — Wed, 20 Jan 2021 05:18:08 +0000

One of our readers recently asked us “is there a way to send funds from a specific bitcoin address in a wallet?” Yes, by making use of the coin control you can send from specific address or specific UTXOs. Jump straight to the guide Most Bitcoin wallet has coin control feature and many know how …

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How to connect Ledger hardware wallet to Bitcoin Testnet (BTC Test)?

coinguides — Fri, 15 Jan 2021 05:53:32 +0000

Just bought yourself a new Ledger hardware wallet but not sure how to use it? Setting up the device is very simple. Just follow the onscreen instructions and you should be ready to go. Just remember that the 24 word mnemonic seed generated by your wallet is the most important piece. Make sure to backup …

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How to generate / create own custom 24 word mnemonic seed phrases?

coinguides — Sat, 12 Dec 2020 07:01:29 +0000

This is a quick topic for anyone who is looking to create their own 12 / 24 word custom mnemonic seed phrases. Recently one of our users asked us “Is it possible to create my own 24 word seed and use it on Ledger Nano S instead of the auto generated one?”. Sure, you can …

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How to connect Bitcoin core and Electrum wallet to Bitcoin Testnet

coinguides — Tue, 08 Dec 2020 10:31:52 +0000

Beginners who just stepped into Bitcoin may find the whole concept overwhelming. If you are new then to get started you don’t need to deeply understand the technology behind Bitcoin or its technical details. Just get familiar with how a wallet works, how to send, receive coins, how to view transactions on the block explorer and …

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BTC transaction: 1 input, 2 outputs – Why 2 outputs when sent to 1 address?

coinguides — Sat, 10 Oct 2020 05:30:53 +0000

Did you just transferred Bitcoin and noticed that part of your BTC has been sent to some random address that you’ve never seen or used before? Nothing to worry. This is normal with Bitcoin. Your coins are not sent to some random address but to the change address that you own. Recently a user contacted …

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