Sending Bitcoin from your Heartbit account to another address is simple, but it requires care. Bitcoin transactions are permanent and cannot be reversed, so accuracy matters. This guide covers the entire process and the precautions you should take.
How to Send Bitcoin from Heartbit
To send Bitcoin, open your Wallet screen and select Send or Withdraw. Enter the recipient's Bitcoin address, the amount you want to send, and optionally a note for your own records. Review the details carefully before confirming.
Heartbit will show you a summary including the amount, any network fee, and the total that will be deducted from your balance. Only confirm when every detail looks correct.
Double-Check the Address
This is the single most important step. Bitcoin transactions cannot be undone. If you send BTC to the wrong address, the funds are gone permanently. There is no bank to call, no chargeback, no undo button.
Some malware is designed to swap Bitcoin addresses in your clipboard. After pasting an address, compare it character by character with the original. If anything looks different, do not send.
Understanding Network Fees
Every Bitcoin transaction requires a small fee paid to the miners who process and confirm transactions. This fee is not charged by Heartbit. It is a native part of how the Bitcoin network operates.
Fees vary depending on how busy the network is. When many people are sending Bitcoin at the same time, fees go up because there is competition for limited block space. When the network is quiet, fees drop. Heartbit estimates an appropriate fee for you, but you may have the option to adjust it.
Using the Withdrawal Whitelist
For additional security, Heartbit offers an address whitelist feature. You can add trusted Bitcoin addresses to your whitelist in Settings under the Security tab. When enabled, you can only send Bitcoin to addresses that appear on your whitelist.
This is especially useful as a safeguard against accidental sends or compromised accounts. Even if someone gains access to your account, they cannot withdraw to an address that is not whitelisted.
Timing and Confirmations
After you confirm a send, the transaction is broadcast to the Bitcoin network. The recipient will see it as pending almost immediately, but it will not be considered fully settled until it receives enough confirmations, typically three to six. Each confirmation takes roughly ten minutes.
Common Mistakes to Avoid
- Sending to an address on the wrong network. Only send Bitcoin to a Bitcoin address, not to an Ethereum or other network address.
- Ignoring fee estimation. Sending with too low a fee can cause your transaction to get stuck in the mempool for hours or even days.
- Not verifying the full address. Checking just the first few characters is not enough. Sophisticated attacks can generate addresses that match the beginning of a target address.
- Sending all your Bitcoin at once. If you need to make a large transfer, consider sending a small test amount first to verify the address works.