Ethereum: How to create a sending address using Bitcoin Core?

Here’s an article on how to create a sending address with Bitcoin Core:

Creating a Sending Address with Bitcoin Core: A Step-by-Step Guide

Are you familiar with the concept of sending cryptocurrency? In this article, we’ll walk you through the process of creating a receiving address (also known as a “sending address”) with Bitcoin Core.

What is a receiving address?

A receiving address is used to send funds from your Bitcoin wallet to another wallet or exchange. It’s essentially like a bank account that allows you to receive payments and transfer them to other addresses.

Step 1: Open Bitcoin Core and Go to the Configuration Menu

To create a sending address, you’ll need to open Bitcoin Core and go to the configuration menu. Here’s how:

• On Windows:

+ Launch Bitcoin Core from the Start menu.

+ Click on “Wallet” > “Configuration” > “Edit”.

+ Select the wallet you want to use (e.g. your primary wallet or secondary wallet).

• On macOS or Linux:

+ Launch Bitcoin Core from the Applications/Utilities folder.

+ Select “Wallet” > “Edit Wallet”.

Step 2: Select the Address Type

Once you’re in the configuration menu, select the address type you want to use. In this case, we’ll select “Send Only”. This means that only funds will be sent to the selected address.

• You can also create a receiving address with multiple addresses by selecting the “Multiple Senders” option and adding each address individually.

• To create a sending address, select “Send Only”.

Step 3: Add the Address

Now you’ll need to add the address that will receive your funds. Here’s how:

• On Windows:

+ In the configuration menu, click “Add Sender”.

+ Select the address type (e.g., “Address”).

+ Enter the recipient’s Bitcoin wallet or exchange name and ID.

• On macOS or Linux:

+ Click “Add Sender” in the “Senders” tab.

Step 4: Fill in the information

To complete the process, you’ll need to fill in some information. This includes:

• The address type (e.g., “Address”).

• The recipient’s Bitcoin wallet or exchange name and ID.

• Any additional details required by the recipient (e.g., username or email).

Step 5: Save Changes

Once you’ve added all the required information, click “Save” to save your changes.

Tips and Variations

Here are some tips and variations to keep in mind:

• You can also create a sending address with a set fee (e.g., $10) by selecting the “Fee Only” option.

• To send funds to multiple addresses at once, select the “Multiple Senders” option and add each address individually.

• Make sure you are using the correct wallet or exchange for the recipient’s account.

By following these steps, you should now have a Bitcoin Core receiving address that can receive payments from your primary wallet. Happy sending!