Now you can Send Bitcoin as easy as Sending an Email

[P A Ashif 2409]

That's not a hard thing to bring on but the problem whether it will be safe. The more the simplicity and comfort the more the chance of loss. We know the spam in the email we have. So there is a good chance of danger. I think our Bitcoin transactions should not be maiden so easier 

[Abdul41x 0]

On 12/22/2019 at 5:18 AM, sohaib said:

Coinbase CEO Brian Armstrong has been granted a U.S. patent for an invention that makes sending Bitcoin as easy as email, literally.

The patent, granted on Tuesday and filed in March 2015, details a system for users to make cryptocurrency payments with email addresses linked to corresponding wallet addresses. The sender makes a request to send cryptocurrency to an email address, and the system automatically transmits the agreed amount – so long as they have the required balance – from the sender’s wallet to the wallet corresponding to the receiver’s email address.

The system takes 48 hours for the transaction to clear, once the receiver has confirmed the payment. Cryptocurrencies not in use would be stored in a secure vault that can only be accessed by the email address linked to the corresponding wallet.

 

Please read complete article on their Official Blog:

 

Resource of this article is: https://cryptorandgroup.com/coinbase-ceo-allowed-a-patent-to-email-bitcoin/

 

 

Th is is a good development , transaction can be made within few minutes by using email and this will reduce the high rate of fraudulent activities made by scammers.

[Guroo0 47]

Sending bitcoin isn't distressing, bitcoin exchanges are moment. additionally it is difficult to commit error during bitcoin exchanges since you can duplicate and past or check the wallet address .

[Cryptomint 433]

Yes this was a new feature which introduced by the Coinbase and I think this is not safe and the address method is safe other than the email method.

[Nikel_jery 49]

Coinbase is the favorite wallet of many people because of its ease of transfer and affordable fees, Coinbase uses email to make it easier for its users to send their assets to various Place, and the fee price is quite affordable compared to other wallets 

[leakydonney 1402]

The use of emails and QR code in coinbase to send and receive crypto tokens makes the transaction not complicated as earlier through the use wallet address which is too long.

[Yoobitlover 30]

I think thats not a good idea the transection time is very high we have to wait to much for recieving our transection till now im not awareing about it.its a littile bit complicated also.

[Anton739 48]

But it is very good for us. We will not worry about fees which is saving our money. As now it is as easy like to send an email it is a new step in crypto I think.

[encore94 85]

now there is a QR code by which you can send cryptocurrency, it will not take long ... Just scan and send, and you do not need to enter a long wallet address... And the confirmation time is too long, 48 hours

[malik6314193 5449]

This is a great feature which is introduced only by coin base wallet. Now we can send bitcoin or other crypto currencies by just typing email address instead of long address. That is reason by which coinbase have large users. 

[gest49 84]

The easier it is to make a transaction, the better it will be. Although you must have the respective security measures, to avoid hacking of the wallet balance. For example, the uphold wallet already implements this function of depositing income from cryptos just by leaving the sending amount and the recipient's email, it is very easy to do.

[Mella 3680]

I am thank this is so good to know but I am need more for this that I am have to use how we use this, we need what email google, outlook, yahoo? And hoe this will go to our wallet in an exchnge or in a personale wallet? I am find this very good for an idea but is this maybe more difficult from what we are have today?

[bogdanoff 3173]

Very nice post I will try to find how I can send bitcoin using emails and this can be a great way to make bitcoin transactions. It is something new and it can help a lot of people with payments even better for places where bitcoin is banned.

[Niloy123 69]

Now that I can send Bitcoin as easy as sending an email, that's good news for us.  Because if you do that, it will be much better  Interest in crypto currency will increase.

[eduardo767 29]

if now it is much easier to send bitcoin anywhere in the world by the wide variety and forms that are through a wallet 

[Vidocq2021 67]

great news, thenk for sharing, and this is how btc continiue to integrant in modern style!

[Jonathan0725 57]

I remember when I started in the world of cryptocurrencies, my first purchase of bitcoin was in 2012, when the price reached the historical highs, I wanted to sell but I did not know how, or to whom, how good that today it is easier to buy and sell cryptocurrencies.

[BaluDigital 84]

Now there are thousands of options to send bitcoin and more are being implemented since we know very well that if we want to make this change as soon as possible, thinking or other things we have to make people adopt bitcoin and that is very clear Now there are bitcoin recharges by mail where you use some codes to claim them and they are deposited in a fund where each person claims them as it is consumed from that well

[Mosab73 333]

Really, the patent is excellent because it facilitates the procedures for sending Bitcoin, and the great advantage is that it is without fees and therefore the high fees that were paid have become canceled and I think that the transfer procedures take 48 hours, this is because no error occurs during the procedures, and therefore sending Bitcoin via e-mail is a safe process.

[CriptosActivozVzla 83]

Today we can say that it is very, very easy to send money or not through the various cryptographic platforms but we can also say that not everyone is familiar with this cryptocurrency, so we should try to teach your relatives or the most close to you so that every day thousands more people learn

[candyguyyy 43]

hi  i need to you to explain more about advantages and disadvantages about this way of send bitcoin and is there any secure risk

[Goyaa 2414]

I think this is a very good discovery, this is a way to make transactions easier for us, we can become more efficient with the new development of a secure crypto world so that people can transfer them very easily, as easy as sending an email.

[MalikAdnan 1662]

I think yes it is really yes and absolutely right. You can send bitcoin as email sending. It is the coinbase and it is fast transaction of bitcoin. No more confirmation required. It is very interesting.

[Zeshan Khalid 2577]

This function will enable everyone to send bitcoins as email but still the question is at the same place that how will the next person is going to withdraw it in fiat form.

[Tine0313 3053]

US government are granting its people who are inventing such as useful things like this where anyone of us can send crypto through online. I think everyone is benefiting on these project so let us be grateful because it makes our life easy.