Sending Bitcoin via Electrum Wallet

This version will be describing usage of the Standalone Executable.

Step 1. Installation

  1. Visit the https://electrum.org/#download website and download the latest version

  2. Enter your wallet name into the window that pops up

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Сhoose your wallet type

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  1. You’ll be offered the option to restore a wallet if you had one, or to create a new one

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5) A mnemonic phrase will be created for you, which you will need to write down (not copy!) in the exact order given and save in a secure location.

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6) Create a password as a method of authentication. You can also encrypt your wallet (optional).

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Now your wallet is generated and ready for use!

Step 2. Sending funds

In order to send funds you must do the following:

  1. pick the ‘Send’ tab

  2. Enter the address into the ‘Pay to’ field

  3. Enter the sum into the ‘Amount’ field and set the ‘Fee’ slider

IMPORTANT:** **Make sure you filled in the correct amount and address. It’s individual and is provided by ICO representatives. In order for the transaction to complete, you need to use a separate address for sending BTC.

Sending cryptocurrency to a wrong address will lead to a loss of funds!

  1. Press ‘Send’. Transaction is then complete.

Step 3. Checking your transaction

You can check your transactions in the ‘History’ tab

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You can enter the transaction ID into the search bar on https://blockexplorer.com/ and get information about the transaction

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