Topic: How do you send Bitcoin without using an exchange? - page 2. (Read 1054 times)
This is how I understand what OP is trying to ask. If one person can send a bitcoin without using a digital wallet to another person, (the digital wallet is the third party OP is referring to). My inadvisable suggestion is to send bitcoin using the scanned encrypted paper wallet to the recipient using secured email. I hope this is what OP is trying to know.
Bitcoin was created for decentralised peer-to-peer transactions.
It was not intended for exchanges at first, this came when Bitcoin got more popularity and value.
You can just send payments by signing a transaction with your private key and then broadcast it to the blockchain.
These steps are made more user friendly on specific desktop wallets like Bitcoin Core and others.
If you want to go deep into it, you should read about Armory and create a wallet on it.
It even lets you send payments without your wallet being connected to the internet, which is extra safe.
It was not intended for exchanges at first, this came when Bitcoin got more popularity and value.
You can just send payments by signing a transaction with your private key and then broadcast it to the blockchain.
These steps are made more user friendly on specific desktop wallets like Bitcoin Core and others.
If you want to go deep into it, you should read about Armory and create a wallet on it.
It even lets you send payments without your wallet being connected to the internet, which is extra safe.
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
I have done it thrice through a trusted when I bought $300 worth of Bitcoin to him and we have no third party just between us I don't know if this is what you are trying to understand but you can always send to anyone without a third party as long as you trust the receiver, it should be a mutual agreement.
It's very possible that we can use our hard wallets or cold wallets to send bitcoin without exchange platform their are ways to send bitcoin there are web wallets that we can use in our daily transactions. i can give you cheap cold wallet because im using this for daily transactions (Electrum Wallet) just to be safe, you need to keep your private keys and seed phrase word.
I will send my bitcoin to another through wallet and this is coins.ph wallet. In order to send btc, the sender must click the word send and the receiver must click the word receive. The sender has freedom to send btc how much they want.
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
You can use wallet like blockchain or local btc wallets in your country. If you are trading alt coins then you can use exchangers.
Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.
It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
I think it is very easy through internet. Because if I need any bank or other company to send my bitcoin then why I choose bitcoin instead of other paper currency. The meaning of digital currency is that you can perform any kind of deal on internet and through online. It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
And on the other hand I don’t think that there is also any other way to send bitcoin because that way must be not secure and easy while transferring your bitcoin.
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
No, that's not the only way. You can use your own wallet and from it you can send Bitcoin to anyone else int he world. No need to use exchanges, really...
It is possible that you can send your bitcoin even without an exchange platform just use a web wallet [choose your wallet wisely] if you want to sell buy and trade coin you need an exchange and send it there. At the exchange you can buy altcoin, trade your coin or sell it.
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
This is not true, you can use official bitcoin client or SPV wallets like electrum and jaxx which doesn't store any of your personal details anywhere online. All information of your wallet will be stored locally in your computer or mobile so that there will be no any third party involvement. Just use wallets I have recommended above to send bitcoin from one person to another without involvement of any one in between. You can neglect involvement of miners and node operators because they can't manipulate your transaction and they are mandatory part of bitcoin ecosystem.
to send bitcoin you need a third party ,, you can't send from hand one other hand ,, because bitcoin digital currency that need internet connection and wallet to save..you can't equate with real money..if you have bitcoin in the form real, you can do that.
Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.
It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
You need a third party wallet to generate your keys. Where you store your keys is up to you but in any case you do need a wallet. It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
Ops you can send your bitcoin using web wallet you just need to have internet connection or mobile data if you have a phone. no need of exchange to send your bitcoin but if you like to buy,sell altcoin and do some trading you need to send your bitcoin to the exchange platform you want.
If you have an iPhone or an Android smart phone, the EASIEST way would be to download a mobile wallet like Breadwallet and use that to send & transfer BTC anywhere, anytime.
I would also recommend setting one up on your computer as a backup.
I would also recommend setting one up on your computer as a backup.
Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.
It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.
Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.
I beg to differ with that. Private keys are not stored on the blockchain but wherever you choose to keep them, so there's little difference between storing a private key and "your bitcoin" on your computer. Anyway. I'm not sure what OP means here, but this should probably be in beginners and help section.
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
Why would you send bitcoin through exchanges. The main purpose of exchanges is to trade BTC and altcoins. You can use online wallets or desktop wallets to send or receive bitcoins. Also it is not so safe to keep bitcoins on the exchanges.
Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.
He is not asking for the safest method to store his coins. 
Like everyone said,if you have coins you could use a light weight wallet and the receiver must have a wallet address of his choosing,either a web wallet or a light weight wallet or a mobile wallet and start sending your coins,use exchanges or local bitcoins to purchase the coins with your local currency. 
The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?
You must have a wallet and by that you can send it online to other address. You only need to create your web wallet so that you can transact to other. And yes it is possible to happen. 
Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.
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