There may be times when you need to send cryptocurrency to an external address. You may be making a payment or moving funds between your cryptocurrency wallets. Whatever the reason, there are a few things to keep in mind when sending digital currencies to external addresses.
The blockchain is the foundation technology upon which all cryptocurrencies are built. The first implementation of a blockchain was in 2009 when the Bitcoin protocol was launched by Satoshi Nakamoto. While blockchain technology is relatively young, it is the basis for all digital currencies that exist today.
Bitcoin is known for being the first ever cryptocurrency in existence. It’s also the most popular and well supported out of all the digital currencies. In this section of the guide, you’ll learn more about Bitcoin, where it came from, what it’s used for and how to buy it.