How do I send Bitcoin with ByteWallet?

Here are instructions on how to send Bitcoin using Byte Wallet: 1. First, open up your Byte Wallet app. 2. Then, select the wallet icon on the bottom of the screen. 3. Select the wallet you would like to send from (make sure the BTC has arrived in your wallet, and you can see the amount purchased). 4. Select the "send" option. 5. Put in the amount of BTC you would like to send while accommodating for the transaction fee. 6. Copy and paste the wallet address you are sending to, or use the "scan" button to scan the QR code from your photo gallery. 7. Hit "next". If you get an error on your screen saying "The sending amount exceeds the available", please lower the amount you are sending to accommodate for the fees.

How can I view my transactions?

You can view all your past transactions by logging in to your Byte Federal user home page: https://wallet.bytefederal.com/web/dashboard This page allows you to refer to all past and future transactions and comes with a whole range of other useful resources.

I need to send bitcoin to my family. How do I go about it?

First, make sure the request is not a scam trying to trick you into sending money to someone you don't know! If you're confident in the legitimacy of the request, follow these steps: 1. Download a free Bitcoin wallet from your mobile phone's App Store. Follow the setup instructions; this will generate a Bitcoin address for you, which works similarly to a "bank account number". 2. Bring cash, your phone, and a photo ID (driver's license or passport) to our ATM. Register at the ATM (usually takes 3 minutes, but it can take up to 30 minutes). Once registered, follow the on-screen instructions to purchase Bitcoin. The cash you insert will be converted into Bitcoin and sent to your phone's Bitcoin wallet. 3. Send the required amount from your mobile phone to your family. That's it!

How can I send Bitcoin from my wallet to another person account who is on another site?

First try to find an option in your wallet that says "send" or "pay" with Bitcoin. Then you simply copy and paste your friend's Bitcoin address into your wallet's sending form ("destination address") and specify the amount. Different wallets have slightly different layouts or labels but it is all quite similar in that you will need the recipients Bitcoin address and a specific amount you would like to send (similar to Paypal, Venmo or Square cash). Once you hit "send", the amount you specified will be deducted from your balance. Once the transaction confirms (settles) on the Bitcoin network, your friend will see it become available in their balance.

What is the price of bitcoin?

The price of Bitcoin follows rules of supply and demand. As Bitcoin's rate of issuance is mathematically fixed, sharp increases in demand or supply make Bitcoin's price highly volatile. As Bitcoin keeps appreciating over time, however, it becomes less volatile over time. You can find our Bitcoin price rate which we calculate in real-time when you visit our kiosks. The rate is displayed on the kiosk landing page and includes all our fees.

Do you support/offer other coins besides Bitcoin?

Yes! We support a wide range of cryptocurrencies including Bitcoin Lightning and Ethereum. Our offerings are continually expanding, so please check back regularly for the most updated list both here and at our kiosks. Full list of cryptocurrencies we offer (as of 2/7/2025): - Bitcoin (BTC) - Bitcoin Lightning (SATS) - Ethereum (ETH) - Bitcoin Cash (BCH) - Litecoin (LTC) - Dogecoin (DOGE) - Shiba Inu (SHIB) - DAI (DAI)¹ - Tether (USDT)¹ - USDC (USDC)¹

My last transaction is not showing up in my wallet?

Sometimes it might take up to 20-30 minutes before the transaction is dispatched. In addition, the Bitcoin blockchain, which is a global settlement network can get congested periodically. Remember: Bitcoin replaces an entire central banking system and realizes a final settlement of all transactions permanently. This coordination on the blockchain takes a bit of time. We recommend to keep checking the blockchain explorer link that we send out in our receipts per email or SMS. You will see your transaction pending - many wallets will only display fully confirmed transactions, not pending ones.

What is a good wallet to use?

We highly recommend ByteWallet. Store, send, and receive crypto safely and easily. Manage your ByteFederal account and find the nearest Bitcoin ATM location with ease. ByteWallet, from the makers of Byte Federal cryptocurrency ATMs, is the best mobile wallet for storing your digital assets. As a non-custodial wallet, ByteWallet ensures that you own your keys and your crypto, aligning with the principles of decentralized finance. Create as many wallets as you like to store BTC, ETH, LTC, DOGE, and even MARS, the future currency of the planet Mars. ByteWallet supports the Lightning Network for faster transactions. Backup and recovery are quick and easy with your unique 12-word seed phrase, the industry standard for security. ByteWallet is intuitive and user-friendly, making it simple for anyone to send and receive crypto assets. For advanced users, there are features like setting custom fees for transactions to control confirmation speed, and the option to paste in and broadcast raw transactions. Whenever you need to top up your crypto balances with cash, use the responsive interactive map built into ByteWallet to find the nearest Byte Federal ATM. Stay updated with the latest crypto news. You can also manage your Byte Federal account directly from the wallet app, including viewing your purchase history and using the revolutionary fast ATM login feature. Just flash your app's login QR code at any of Byte Federal's hundreds of crypto ATMs to log in—no need to enter your phone number or wait for a confirmation text message.

Can I send money to another person or company using this kiosk?

No! The kiosks are only used like vending machines to purchase Bitcoin for your own wallet. Sending Bitcoin to a third party violates our terms and conditions and will lead to deactivation of your account. All Bitcoin transactions are final! Make sure to protect your money and don’t send Bitcoin to anyone you met online or over the phone.

How long does it take to register?

The process is straightforward and will take only a few minutes. At our kiosk follow the on-screen instructions. Make sure to bring your driver’s license or passport or some form of government issued picture ID. If there is any additional information required, our staff will reach out to you via text or email. We welcome your feedback and always try to further optimize the onboarding process - to make it as easy as possible to purchase Bitcoin!

I have technical issues with a kiosk, what should I do?

If you have problems with a particular kiosk, please reach out to us via live chat or call our support hotline. Make sure to let us know which kiosk you are at (address or serial number of the machine on the top right). Our IT staff will respond promptly and resolve any issues you might encounter.

What are my cash limits?

The first transaction limit is $300. After successful registration, the limit increases to $29,500 per day. We pride ourselves in keeping our network up and running 99.9% of the time.

What are your fees? What do they include?

Our fees are competitively priced and depending on region and Bitcoin rate source. Our kiosks display their Bitcoin rates prominently and include all our fees. The fee rate contains the cost for cash handling, volatility fluctuations, banking and federal regulations, hardware and software costs.

Looking for "Bitcoin"

Showing 61-70 of 93

johnd • Aug 29, 2023, 1:49 pm EDT

Grayscale wins SEC lawsuit: ETFs Incoming?

In a landmark decision today, a D.C. court has ruled that the Securities and Exchange Commission (SEC) had acted “arbitrarily and capriciously” in rejecting the application of Grayscale Investments for a Bitcoin spot exchange-traded Fund (ETF). The ruling stands as a legal watershed, likely paving the way for several ETFs and a new era of institutional investment. The court order bluntly criticized the SEC for its inconsistent approach, emphasizing that “administrative adjudication must be consistent and predictable.” The crux of the matter was the SEC’s unequal treatment of similar products. The commission had previously approved listing two Bitcoin futures ETFs but denied Grayscale’s proposed spot Bitcoin ETF without adequate explanation.

2 minutes

arusso • Aug 15, 2023, 3:42 pm EDT

Europe’s First Spot Bitcoin ETF Officially Lists in Amsterdam

A groundbreaking moment unfolds in the realm of cryptocurrency investment as Europe celebrates the official listing of its first-ever Spot Bitcoin ETF on the Amsterdam exchange. This milestone marks a pivotal juncture where traditional finance seamlessly intersects with the dynamic world of digital assets. The launch of this ETF not only signals the growing acceptance of Bitcoin within established financial markets but also provides investors with a regulated and accessible avenue to participate in the crypto market’s potential.

3 minutes

arusso • Aug 9, 2023, 10:55 am EDT

Binance Secures Premier Crypto Licensing in El Salvador

SAN SALVADOR — Binance, one of the world’s leading cryptocurrency exchanges, has reached a notable milestone in its quest for global expansion and regulation-friendly services. The exchange has now become the first fully licensed crypto trading platform in El Salvador, having secured both the Bitcoin Services Provider license and the inaugural non-provisional Digital Assets Services Provider license. The recent accomplishment underscores Binance’s commitment to acquiring local licenses in major global markets. Including this latest addition, the exchange boasts approvals and registrations in a total of 18 jurisdictions, spanning Europe, the Middle East, and Latin America, outstripping its competitors. The Central

2 minutes

Samuel Armes • Aug 8, 2023, 2:34 pm EDT

The Florida Blockchain Business Association: 2023 Initiative Update

The Florida Blockchain Business Association has set the pace for 2023 with robust achievements in legislation and financial innovation through its grassroots committee approach. The Florida Blockchain Business Association(FBBA) has set the pace for 2023 with robust achievements in legislation and financial innovation. Our number one goal is to remain adaptable to the political and technical environment around us, while ensuring our objectives are still achieved. The FBBA’s committees have been hard at work, tackling some of the most pressing issues in the blockchain industry thus far. Here’s an overview of some of the efforts of four of our committees

5 minutes

satoshin • Aug 8, 2023, 1:47 pm EDT

Bitcoin Blockchain Records Over $8 Trillion in Transactions

In a groundbreaking milestone, the Bitcoin blockchain has etched its digital legacy by surpassing a staggering $8 trillion in recorded transactions. This remarkable feat underscores the enduring and transformative power of cryptocurrencies in reshaping the global financial landscape.

2 minutes

arusso • Aug 3, 2023, 3:42 pm EDT

Tether’s $45M Bitcoin Investment Heats Up Institutional Buying

The stablecoin powerhouse boosts its balance sheet in Q2 with 1,529 additional Bitcoin, CTO Ardoino confirms. In a recent confirmation to Bitcoin Magazine, Tether’s Chief Technology Officer, Paolo Ardoino, announced that the company, known for its pioneering stablecoin USDT, procured 1,529 Bitcoin (BTC) in Q2 2023, costing around $45.4 million. This move bolsters the company’s Bitcoin portfolio, asserting its ambitions in the flourishing digital currency market. Earlier this year, Tether declared its intention to invest up to 15% of quarterly earnings into Bitcoin, following the footsteps of many institutional investors. This latest move highlights Tether’s commitment to its strategic plan,

2 minutes

satoshin • Aug 3, 2023, 3:10 pm EDT

MicroStrategy Further Boosts Bitcoin Portfolio, Plans $750M Stock Sales

Virginia-based software firm MicroStrategy has added to it’s bitcoin holdings, revealing that it now holds a staggering 152,800 BTC, amounting to an investment of $4.53 billion. The NASDAQ-listed company made the announcement in their second-quarter financial results released Tuesday, adding that they intend to further increase their bitcoin holdings using proceeds from sales of common stock amounting to $750 million. MicroStrategy (Nasdaq: MSTR) has demonstrated a strategic commitment to the asset. During Q2, the firm purchased an additional 12,800 bitcoins for $361.4 million, averaging a price of $28,233 per BTC. This announcement ups the firm’s total holdings to 152,800 bitcoins,

2 minutes

satoshin • Aug 2, 2023, 10:40 am EDT

KPMG’s Bitcoin ESG Analysis: Unveiling Sustainable Impact

Explore KPMG’s insightful ESG analysis of Bitcoin’s sustainable impacts. Discover how the world of cryptocurrency intersects with environmental, social, and governance considerations. Uncover valuable insights into the potential benefits and challenges that Bitcoin presents in the realm of responsible investing and environmental stewardship.

5 minutes

satoshin • Aug 1, 2023, 10:24 am EDT

Protecting Your Bitcoin from Quantum Computing

The recent flurry of conversation around room temperature semiconductors has sparked a renewed look at quantum computing. There is a lot of confusing information on the effect quantum computers could have on Bitcoin. This is mainly due to the fact that a deep understanding of advanced physics is required to understand what a quantum computer is; and an even deeper understanding of advanced mathematics is absolutely essential if one even wants to begin to understand the methods proposed to attack Bitcoin should a sufficiently powerful quantum computer ever become available. Even if you spent a few years investigating and familiarizing

4 minutes

satoshin • Jul 31, 2023, 3:33 pm EDT

US House Passes ‘Keep Your Coins Act’ Protecting the Right to Self Custody

The recent approval of the ‘Keep Your Coins Act’ by the U.S. House marks a pivotal moment for cryptocurrency enthusiasts. This groundbreaking legislation solidifies the right of individuals to self-custody their digital assets, ushering in a new era of control and ownership. Delve into how this act is reshaping the cryptocurrency landscape, ensuring that personal control over coins remains a fundamental principle in the rapidly evolving world of digital finance.

3 minutes