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How Long Does It Take to Send Bitcoin?

by Pat

Content Manager

Sending Bitcoin and other cryptocurrencies, whether to another user or your own external wallet, is common in the crypto space. Users do it for different reasons, such as paying a friend or a merchant using crypto, directly selling crypto to another user, building one’s portfolio in a separate platform, and more.

Users who have little to no experience of sending Bitcoin often wonder how to do it and how long it takes to send crypto. So if this sounds like you, we’re here to help.

What Is Bitcoin?

Bitcoin (BTC) is a digital currency that’s not controlled by the government, financial institutions (e.g., banks), and any other intermediary. It was developed by Satoshi Nakamoto during the Great Recession in 2008 and was introduced to the public in 2009.

Nowadays people use BTC for various purposes, including trading, remittances, giving gifts, paying bills, buying items, paying salaries, and more.

What Platform Can I Use to Send Bitcoin?

BTC is the most popular cryptocurrency, so it’s available in almost all crypto exchanges and crypto app for beginners like Ka.app as well as some financial technology (FinTech) platforms. You can also send BTC using a crypto automated teller machine (ATM) or a crypto gift platform.

How Do You Know if Your Bitcoin Was Sent?

Crypto and FinTech platforms usually provide electronic receipts or transaction confirmations, so you’ll know that the BTC was successfully sent once a confirmation pops up, or once you’ve received an email or text message about the transaction.

Another way to know whether the BTC was successfully sent or not is by asking the recipient, or checking if the assets already reflected on the external wallet or not.

How Much Time Does It Take to Receive Bitcoin Once Sent?

It depends on which platform you use. For some, it could take just a few seconds; for others it could take several hours. In Ka.app, sending BTC usually takes under five seconds.

Can a Bitcoin Transaction Take 24 Hours?

It’s very rare for a BTC transaction to take 24 hours to complete, although, in some platforms, confirmations or receipts may reflect up to 24 hours or more. If the recipient doesn’t receive the BTC you sent within 24 hours, reach out to the platform’s customer support to find out why it happened

Why Is My Bitcoin Transaction Taking So Long

BTC transactions may take longer than usual due to a technical difficulty or a bug in the platform. Another reason could be that you’ve sent the assets to the wrong wallet address, or if you’re using an exchange, you’ve entered an incorrect network type or memo ID. Reach out to the platform’s customer support to accurately detect the cause of delay and get a solution.

What’s the Longest a Bitcoin Transaction Can Take?

Again, it depends on the usual turnaround time of the platform you’re using. For some, a minute can already be considered long as transactions usually take just a few minutes, while for some others, more than six hours is what’s considered long.

How to Send Bitcoin Faster

Ka.app allows you to send BTC and other cryptocurrencies in just a few seconds in two different ways. Here are the step-by-step guides on how to send Bitcoin in the Ka.app:

1. To another Ka.app user

  1. Sign in on your Ka.app account
  2. Tap the Send icon on the home screen.
  3. Scan or upload the recipient’s QR code, or enter their mobile number
  4. Continue to the next screen and tap Bitcoin
  5. Enter the amount of BTC you’d like to send.
  6. Enter your pin code to confirm the transaction.
  7. You’re done! The assets will reflect in the recipient’s Ka.app wallet within a few seconds.

2. To an external wallet or exchange

  1. Sign in on your Ka.app account.
  2. Scroll down a bit to see the list of assets and tap Bitcoin.
  3. Tap the Withdraw icon.
  4. Paste the wallet address of the recipient or scan their QR code
  5. Enter the amount of BTC you’d like to send.
  6. Enter your pin code to confirm the transfer.

How Much Does It Cost to Send Bitcoin in Ka.app?

Sending crypto is free in Ka.app when the recipient accepts the asset in the same currency. Therefore, if you sent BTC to another Ka.app user and they received it in BTC, swap fees won’t apply. However, if they receive the payment in a different currency through our crypto swap feature (e.g., you sent BTC and they received it in Ethereum), a swap fee will be deducted from your account.

Swap fees may vary depending on whether you’ve locked up KASTA tokens in the app or not. Those who lock up KASTA enjoy lower swap fees of as low as 0.376% in Ka.app. And in case you’re wondering, is sending crypto taxable? The answer is, there are usually no taxes required when transferring crypto from one wallet to another.

Final Thoughts

Sending BTC shouldn’t take long. In Ka.app, you can complete a transaction quickly and easily, and the recipient has the option to receive the assets in their preferred currency. And if you have concerns, you can message us through the app’s live chat support. Our customer support team will assist you as soon as possible.

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FAQ

Is it safe to send Bitcoin using Ka.app?

Yes, sending Bitcoin is secure in Ka.app. Ka.app passed delicate security audits and has measures in place that prevent fraud, hacking, money laundering, and other illegal financial activities.

What other currencies can I send in Ka.app?

Aside from BTC, you can also send, receive, or swap Ethereum (ETH), Polygon (MATIC), Binance Coin (BNB), Cardano (ADA), KASTA, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) in Ka.app. More currencies will be added to the app soon, including cash (a.k.a. fiat currencies).

What other features are available in Ka.app?

Other than sending and receiving crypto, you can also swap currencies, lock up KASTA tokens, and deposit and withdraw assets in Ka.app. More features will be launched soon.

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