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AAS Direct

Bitcoin – How to Guide

  1. PAYPAL:

To buy and send Bitcoin to an external wallet using PayPal, follow these steps:

Set Up a PayPal Account (if you don’t have one)

  • Download the PayPal app or go to the PayPal website and create an account by providing your personal details and linking a bank account or debit/credit card.

Buy Bitcoin on PayPal

  • Log in to your PayPal account.
  • On the home screen, look for the “Crypto” section. It may be labeled as “Buy, Sell, & Hold Crypto.”
  • Tap or click Bitcoin to view details, then select the option to Buy Bitcoin.
  • Enter the amount of Bitcoin you want to purchase (either in dollars or Bitcoin), and choose the payment method (linked bank account or card).
  • Review the transaction details, including fees, and click Buy to confirm your purchase. The Bitcoin will now be added to your PayPal crypto wallet.

Send Bitcoin to an External Wallet

  • Once you’ve purchased Bitcoin, go back to the Crypto section in PayPal and select Bitcoin again.
  • Choose the option to Send Bitcoin.
  • Enter the recipient’s wallet address (you can either type it in manually or scan a QR code if you’re on a mobile device).
  • Enter the amount of Bitcoin you want to send and confirm the details.
  • Click or tap Send to finalize the transaction. PayPal will show you the transfer fees (if applicable) and the final amount being sent.
  • That’s it! You’ve successfully purchased and sent Bitcoin using PayPal.

That’s it! You’ve Successfully Purchased and sent Bitcoin using PayPal.

2. Cashapp:

Here’s a step-by-step guide for using the wallet address provided at checkout on Cryptomus, but sending Bitcoin from Cash App:

Get the Bitcoin Wallet Address from Checkout (Cryptomus)

  • Once you proceed with the checkout on Cryptomus, you will be provided with a Bitcoin wallet address or a QR code to send the payment.
  • Copy the Bitcoin address or have the QR code ready if using Cash App on your phone.

Open Cash App

  • Log into your Cash App account.

Navigate to the Bitcoin Section

  • From the home screen, tap the Bitcoin tab (it looks like a “B” symbol at the bottom of the screen).

Send Bitcoin

  • Tap on Send Bitcoin.
  • You will be asked to enter the recipient’s wallet address.
    • If you have the QR code: You can scan it by tapping the QR code icon in Cash App.
    • If you copied the wallet address: Paste the wallet address provided by Cryptomus into the address field.

Enter the Amount of Bitcoin

  • Enter the exact amount of Bitcoin needed for the payment as displayed on the Cryptomus checkout page.
  • Cash App will show you the equivalent in your local currency (USD).

Confirm and Send

  • Review the details carefully to ensure you are sending the correct amount of Bitcoin and to the correct wallet address.
  • Tap Next, review any transaction fees, and confirm the transaction.

Verify Payment on Cryptomus

  • After sending, return to the Cryptomus checkout page. The transaction should automatically be updated as processing or confirmed once it has been verified on the Bitcoin network.

Important Notes:

  • Ensure accuracy: Double-check the wallet address before sending the Bitcoin, as Bitcoin transactions are irreversible.
  • Network fees: Be aware that Bitcoin network fees may apply, which Cash App will display before confirming the transaction.
  • Confirmation time: Bitcoin transactions may take a few minutes to an hour to be fully confirmed, depending on network congestion.

This method allows you to complete a Bitcoin payment from Cash App by using the wallet address provided by Cryptomus.

3. Venmo:

1. Open the Venmo App: Ensure your app is updated to the latest version.

2. Access Crypto Section:

  • Tap the menu (three horizontal lines) in the top right corner.
  • Select “Crypto” or look for a dedicated crypto tab.

3. Choose a Cryptocurrency: Venmo supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

4. Select “Buy”:

  • Choose the cryptocurrency you want to buy.
  • Enter the dollar amount you wish to spend.

5. Confirm Payment Method: Choose your payment method (bank account, debit card, or Venmo balance).

6. Review and Complete:

  • Check the fees and total amount.
  • Tap “Buy” to confirm the purchase.

Sending Cryptocurrency with Venmo

1. Go to Your Crypto Holdings:

Tap on your purchased cryptocurrency in the Crypto section.

2. Choose “Send”:

If Venmo supports external crypto transfers (this depends on your account and region), you’ll see an option to send crypto.

3. Enter Recipient’s Wallet Address:

  • Input the recipient’s crypto wallet address carefully (addresses are case-sensitive).
  • Alternatively, Venmo may allow transfers directly to other Venmo users who also have crypto wallets.

4. Select Amount and Confirm:

  • Enter the amount of crypto to send.
  • Double-check details and tap “Send” to complete the transfer.

Key Notes:

  • Fees: Venmo charges a transaction fee for buying, selling, and transferring crypto. Review fees before proceeding.
  • Withdrawal Limits: Check Venmo’s terms for any restrictions on withdrawing or sending crypto to external wallets.
  • Security: Double-check wallet addresses and enable two-factor authentication for additional security.

4. Coinbase:

Here’s a step-by-step guide to buying and sending Bitcoin to an external wallet using Coinbase:

Set Up a Coinbase Account (if you don’t have one)

  • Go to the Coinbase website (www.coinbase.com) or download the Coinbase app on iOS or Android.
  • Sign up for an account by providing your email, phone number, and personal details.
  • Verify your identity by uploading a government-issued ID (driver’s license, passport, etc.), as Coinbase requires verification for all users.
  • Link a payment method such as a bank account, credit card, or debit card.

Buy Bitcoin on Coinbase

  • Log in to your Coinbase account via the app or website.
  • On the home screen, tap or click the “Buy/Sell” button.
  • Select Bitcoin (BTC) as the cryptocurrency you want to buy.
  • Enter the amount of Bitcoin you want to purchase, either in USD or BTC.
  • Choose your payment method (linked bank account, debit card, or credit card) and confirm your purchase.
  • Review the transaction, including any fees, and click Buy Now to complete the transaction. The Bitcoin will now be added to your Coinbase wallet.

Send Bitcoin to an External Wallet

  • On the Coinbase app or website, go to your Bitcoin (BTC) wallet by selecting Assets and finding Bitcoin.
  • Tap or click Send.
  • Enter the recipient’s wallet address (you can either copy and paste the address or scan a QR code if you’re on mobile). Ensure the address is correct before proceeding, as Bitcoin transactions are irreversible.
  • Enter the amount of Bitcoin you want to send.
  • Coinbase will display any network fees for the transaction, which depend on the blockchain’s traffic.
  • Review the details, then click or tap Send Now to confirm the transaction.

That’s it! You’ve successfully bought and sent Bitcoin using Coinbase.

5. Crypto.com app

Here’s a step-by-step guide for buying and sending Bitcoin to an external wallet using the Crypto.com app:

Set Up a Crypto.com Account (if you don’t have one)

  • Download the Crypto.com app from the App Store (iOS) or Google Play (Android).
  • Open the app and sign up by providing your email and phone number.
  • Complete the verification process by providing a government-issued ID (such as a passport or driver’s license) and taking a selfie for identity verification. This is required to start buying and trading cryptocurrencies.
  • Once verified, link a bank account or credit/debit card to fund your purchases.

Buy Bitcoin on Crypto.com

  • Log into the Crypto.com app.
  • From the home screen, tap on “Trade”, then tap “Buy”.
  • Select Bitcoin (BTC) from the list of available cryptocurrencies.
  • Enter the amount of Bitcoin you want to buy, either in USD or BTC.
  • Choose your payment method: you can use a credit card, debit card, or funds from your Crypto Wallet if you’ve already added money to your account.
  • Review the transaction details, including fees, and tap “Confirm” to complete the purchase.
  • Once confirmed, the Bitcoin will be added to your Crypto.com BTC Wallet.

 Send Bitcoin to an External Wallet

  • After purchasing Bitcoin, go to the home screen and tap on the “Accounts” tab at the bottom of the screen.
  • Tap on “Crypto Wallet” and select Bitcoin (BTC) from your list of assets.
  • Tap “Transfer”, then select “Withdraw” and choose “External Wallet”.
  • You’ll need to add an external wallet address. Tap “Add Wallet Address” and enter the recipient’s Bitcoin wallet address or scan a QR code. Make sure the address is correct, as Bitcoin transactions are irreversible.
  • Once the address is added, enter the amount of Bitcoin you want to send.
  • Review the details, including any network fees (these are standard fees for processing transactions on the Bitcoin blockchain).
  • Tap “Withdraw”, confirm the transaction, and complete any necessary 2-factor authentication (2FA) to finalize the transfer.

That’s how you can buy and send Bitcoin using the Crypto.com app!

Robinhood:

Here’s a step-by-step guide for buying and sending Bitcoin using Robinhood:

Set Up a Robinhood Account (if you don’t have one)

  • Download the Robinhood app from the App Store (iOS) or Google Play (Android), or visit the Robinhood website.
  • Sign up by providing your email, phone number, and personal information, including your Social Security Number (SSN).
  • Complete the identity verification process by uploading your ID (driver’s license, passport, etc.).
  • Link your bank account to fund your Robinhood account.

Buy Bitcoin on Robinhood

  • Once logged into your Robinhood account, tap on the search icon at the bottom of the screen.
  • Search for Bitcoin (BTC) in the search bar and select it from the list of cryptocurrencies.
  • Tap Buy and enter the amount of Bitcoin you want to purchase (in USD).
  • Choose your payment method (linked bank account or Robinhood buying power).
  • Review the details and tap Submit to complete your Bitcoin purchase.
  • The Bitcoin will be credited to your Robinhood Crypto Wallet.

Sending Bitcoin to an External Wallet

  • Robinhood has started rolling out crypto wallets, which allow users to send and receive Bitcoin and other cryptocurrencies to and from external wallets. If this feature is available for you, follow these steps:
  • Tap on the crypto wallet icon or go to your account and select Bitcoin.
  • Choose the option to Send Bitcoin.
  • Enter the recipient’s wallet address or scan a QR code of their Bitcoin wallet.
  • Enter the amount of Bitcoin you want to send.
  • Review the transaction, including any applicable network fees.
  • Confirm the transaction and complete the 2-factor authentication (2FA), if required.

Check for Wallet Availability

  • If the crypto wallet feature is not yet available in your account, you can only buy, sell, and hold Bitcoin within Robinhood. You cannot transfer Bitcoin to an external wallet until the wallet feature is enabled for your account.