Bitcoin Forum

Bitcoin => Project Development => Topic started by: Coinbuddy on November 08, 2015, 06:31:13 AM



Title: is there any platform where we can send bulk bitcoin payments?
Post by: Coinbuddy on November 08, 2015, 06:31:13 AM
I am looking for a platform that will send Bitcoins to many people at one time.I send btc to a specific btc address on website and then add employees name,amount and btc addresses and then it pays the amount automatically to all employees! without sending all one them one by one!


Title: Re: is there any platform where we can send bulk bitcoin payments?
Post by: Coinbuddy on November 08, 2015, 07:10:15 AM
You do not need a website for this.
You can use a wallet, e.g. bitcoin core, to make payments to multiple addresses at once.


Downloading and Syncing Bitcoin Core will take very large time! I want easy and quick way


Title: Re: is there any platform where we can send bulk bitcoin payments?
Post by: RustyNomad on November 08, 2015, 08:37:16 AM
I am looking for a platform that will send Bitcoins to many people at one time.I send btc to a specific btc address on website and then add employees name,amount and btc addresses and then it pays the amount automatically to all employees! without sending all one them one by one!

You can setup the details in a CSV (Excel) file and import it into Electrum. I'm not sure whether there are limits on the number of addresses that can be handled in this way but sure some Electrum dev's in the Electrum thread can tell you this.

Added advantage is that Electrum is a SPV or 'light' wallet so no need to download the whole blockchain. You can be up and running in a matter of minutes.

Also, not so sure I would trust a 'website' if there was one like this, not if I could do it myself.


Title: Re: is there any platform where we can send bulk bitcoin payments?
Post by: CrappyJavaScriptDev on November 08, 2015, 10:17:40 AM
Not advocating using a web wallet since you really shouldn't for any type of bussiness but blockchain.info has this option under 'custom' in the send money interface.


Title: Re: is there any platform where we can send bulk bitcoin payments?
Post by: DiamondCardz on November 08, 2015, 01:00:59 PM
There's plenty of APIs that will let you do this if you want to use an API. You can probably do it with Blockchain's API but if that doesn't work I'm sure Coinbase et alii have an API that will work for you. If that fails, then you could always just use a lightweight client if you don't want to use Bitcoin Core, like Electrum.


Title: Re: is there any platform where we can send bulk bitcoin payments?
Post by: hexafraction on November 08, 2015, 01:39:57 PM
There's plenty of APIs that will let you do this if you want to use an API. You can probably do it with Blockchain's API but if that doesn't work I'm sure Coinbase et alii have an API that will work for you. If that fails, then you could always just use a lightweight client if you don't want to use Bitcoin Core, like Electrum.

APIs may be the way to go here. Grab unspent outputs you have access to from an api, sigh them offline, and then push the signed transactions through a pushtx-style api. Or, use bitcoinj, keep connected as an spv wallet, and push transactions as you see fit. This stops your dependency on an external centralized service, and gives you more flexibility.