How to send a transaction to multiple addresses?

LoyceV

legendary

Activity: 3290

Merit: 16489

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Allow me to illustrate this with a real example:
I've set up my spreadsheet with columsn for Addy,comma,Payment.

I can easily copy the data I need:

Code:

1vaVQAnPTqPbyjia4BXo23zoPXJWyxfuu,1.25000
1GSEV5xNsvdHErKrjt3xBUbMAowqbMAfue,1.12500
12ewZzCEm1EBNWHgvMK4zCr2jnZu41aQiy,1.00000
3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L,0.20000
12Dnrcd5vjnSYCBy2E3xdzhbVv1P2vy1eS,2.00000
15HqMP4KRM93Bs23Lf9THt7uWZfQrymrFp,1.20000
18BmdiABdexDtz6aa8C4szJiz6ZxekTRce,1.80000
1DAo6FnmrJZQtNgyReNbiLR9EhLKyGKsAN,3.00000
16asgaNXHHqwJtS8tCvsPvBZdnyQVHkHAD,1.80000
13TQEgpS1ENz76HGTwSFh8Xv6oqdvqdrRV,0.90000
18DcTobmd1dF4m5fAspCWLpk55bbCJem4,3.60000
1FDEWkyy2vRzqoEG6cvDrKczEHEChou5N9,1.35000
1CNVoTNpbuLXxwgSdLR6Q871nqJEsBxWev,4.05000
1PXMwGoF86reLbjEfSk3qij5R8bbX6gbM,1.00000

After copying this into Electrum, I get this transaction.

Note:
1. Sending payments to multiple addresses is always scary and I check everything 3 times.
2. My wallet is set to mBTC, I find this unit to be most convenient.
3. I've set Electrum to not use change addresses, that's why the remaining funds are send back to my own address.

jhenfelipe

hero member

Activity: 1372

Merit: 647

Quote from: Beerwizzard on December 06, 2017, 12:12:42 PM

Thanks, now it seems clear.
BitMaxz, if I got it right then the numbers after addresses on your screenshot are just ranom numbers that you've put to make an example? Or those numbers are also scalable to mbtc / usd value?

The image shown above was from the Electrum's FAQ : http://docs.electrum.org/en/latest/faq.html#can-i-do-bulk-payments-with-electrum
Anyway, as far as I know, mBTC is the default unit but you can change it in the settings, just select Tools > Preferences > Appearance > Base Unit and choose what you prefer (BTC, mBTC or bits).

Beerwizzard

full member

Activity: 924

Merit: 148

Thanks, now it seems clear.
BitMaxz, if I got it right then the numbers after addresses on your screenshot are just ranom numbers that you've put to make an example? Or those numbers are also scalable to mbtc / usd value?

BitMaxz

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As what potato said you need to use the pay to many I'll give you an example how to pay in multiple addresses in a single transaction.

Sample

Code:

1AddressOne, Amount of btc
1AddressTwo, Amount of btc
1AddressThree, Amount of btc

Code:

1LSBFJ1An9orRMU6Bz3NS1y3jr1eH9AexE, 0.011
16qRyDVZVpptJb4HZzv5rWkjqtJWVRjDep, 0.01
1PkeTTctdh2CvhW3fQLs93PWP9qupWV68X, 0.025

Here is the image sample

This is what mostly doing in signature campaign how they are paying for their participants.
And yes only pay for 1 time fee for multiple addresses..

Potato Chips

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Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: Beerwizzard on December 06, 2017, 09:27:09 AM

How can I send my coins to multiple btc addresses in one transaction? Like is is usually done with campaign payouts. It seems like it is possible to paste more than 1 address to the address field but I still have only one field with the amount of coins I'm sending.

You have to go to Tools and select Pay to Many for that. After that the Pay To Field should be larger. Please read the text box that will pop-up

Quote from: Beerwizzard on December 06, 2017, 09:27:09 AM

P.S. In such transactions I'm paying only 1 fee for all the inputs, right?

Yes since it'll be a single transaction

Beerwizzard

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Activity: 924

Merit: 148

Sup guys! I've got a newb question. Seems like checking everything by myself can worth me a lot of coins

How can I send my coins to multiple btc addresses in one transaction? Like is is usually done with campaign payouts. It seems like it is possible to paste more than 1 address to the address field but I still have only one field with the amount of coins I'm sending.
P.S. In such transactions I'm paying only 1 fee for all the inputs, right?

Topic: How to send a transaction to multiple addresses? (Read 242 times)