How to Send Bitcoin to Another Wallet (Step-by-Step Guide)

Contrary to your fears, it’s easy to send Bitcoin to another wallet. In this guide, we’ll walk through how to send Bitcoin to another wallet, whether you’re using a crypto exchange or a non-custodial wallet.

Knowing how to send bitcoin to another wallet is key because you don’t want to face the risk of losing your coin. Unlike your local bank transactions, where you can trace lost money, losing bitcoin to an unknown wallet address is final.

So, you’ve finally got some Bitcoin. Maybe you earned it, bought it on an exchange, or received it as a gift. Now you’re wondering: how do I send Bitcoin to another wallet—safely, quickly, and correctly?

Let this guide be your saviour. You’ll also see common mistakes to avoid, how fees work, and what to do if your transfer is delayed.

How to Send Bitcoin to Another Wallet

Before you send Bitcoin to another wallet, make sure

You have the recipient’s Bitcoin wallet address
You have enough BTC in your wallet
You understand transaction fees and confirmation times

Now, follow these steps

Step 1: Open Your Bitcoin Wallet

This could be an exchange wallet (e.g., Binance, Dtunes Wallet) or a crypto app (e.g., Trust Wallet, Electrum, or Blockchain.com).

Step 2: Go to the “Send” or “Withdraw” Option

Look for a button that says “Send,” “Transfer,” or “Withdraw.” In most wallets, it’s visible on the homepage or under the “Wallet” section.

Step 3: Paste the Recipient’s BTC Wallet Address

Copy the wallet address exactly as it appears. Even one wrong character can send your Bitcoin to the wrong place, and it can’t be reversed.

Step 4: Enter the Amount of Bitcoin You Want to Send

You can enter in BTC (e.g., 0.0021 BTC) or sometimes in your local currency, and it’ll convert it automatically.

Step 5: Check Network Fee & Confirm

Most wallets will show you the Bitcoin network fee (also called a miner’s fee). This varies depending on traffic.

Step 6: Final Confirmation

Confirm all details: wallet address, amount, and fee. Then authorise the transaction (via PIN, fingerprint, 2FA, or password).

Step 7: Track the Transaction

Once sent, you’ll get a Transaction ID (TXID). You can copy this and track the status on Blockchain explorer to confirm when it’s complete.

What Is a Bitcoin Wallet?

A Bitcoin wallet is a digital tool that lets you store, receive, and send BTC securely. There are two major types:

Custodial wallets: Controlled by a third party like an exchange (Binance, Dtunes, Luno)
Non-custodial wallets: Only you control the keys (Trust Wallet, Ledger, Electrum)

Sending BTC works almost the same on both, but with non-custodial wallets, you must manually approve and back up your recovery phrases.

How Long Does It Take to Send Bitcoin?

On average, a Bitcoin transfer takes 10 to 60 minutes, depending on

Network congestion
Fee priority
The number of confirmations required by the recipient

According to Ycharts, the average Bitcoin block time in 2025 is about 9.5 minutes, meaning a new batch of transactions gets confirmed roughly every 10 minutes.

How Much Does It Cost to Send Bitcoin?

Fees fluctuate based on network traffic.

As of mid-2025, the average Bitcoin transaction fee ranges from $0.50 to $3.50

Can I Send Bitcoin From Nigeria?

Even with restrictions on centralized crypto trading by banks, peer-to-peer (P2P) and wallet-based transactions are 100% legal and possible. You can send Bitcoin from:

Binance P2P Wallet
Trust Wallet
Dtunes Wallet
Coinbase Wallet (VPN may be required)
Hardware wallets like Ledger

Dtunes supports direct BTC wallet transfers with user-friendly tracking.

Quick Steps to Send Bitcoin To Another Wallet

Log into your crypto wallet
Click “Send” or “Withdraw.”
Paste the recipient’s wallet address
Enter the amount in BTC
Review the network fee
Confirm and authorize the transfer
Track using the TXID on blockchain explorer

Common Mistakes to Avoid When Sending BTC

Sending to the wrong wallet address (always double-check)
Using the wrong network (BTC ≠ BEP20 or ERC20)
Ignoring fees and getting stuck in long confirmation delays
Forgetting to confirm 2FA or authentication step
Not saving your Transaction ID for tracking

Conclusion

Sending Bitcoin is easy once you understand the flow. Whether you’re paying someone, transferring between your wallets, or using crypto for business, knowing how to send Bitcoin to another wallet safely is key.

Double-check. Don’t rush. And always save your transaction ID.

Platforms like Dtunes are built to simplify your crypto experience in Nigeria, from trading to storing and even converting to naira.

Frequently Asked Questions (FAQs)

1. Can I reverse a Bitcoin transaction after sending?

Bitcoin transfers are irreversible. Always double-check wallet addresses before hitting “Send.”

2. How long does a Bitcoin transaction take in Nigeria?

Typically 10 to 60 minutes, depending on the network fee and congestion.

3. What wallet is best for sending Bitcoin in Nigeria?

Wallets like Dtunes, Trust Wallet, and Binance are user-friendly and widely used in Nigeria.

4. What is the best time to send Bitcoin to avoid high fees?

Late evenings or weekends often have lower network activity and cheaper fees.

5. Can I send Bitcoin to a different type of crypto wallet?

Only send BTC to Bitcoin-compatible wallets. Never send to Ethereum, USDT, or other addresses—it may be lost permanently.

How to Send Bitcoin to Another Wallet (Step-by-Step Guide)