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1  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 19, 2022, 08:06:00 PM
If you are going to exchange bitcoin or any other cryptocurrency directly to fiat, then I don't think you will be able to achieve complete anonymity even if you use a fully decentralized exchange.
It's true that you don't have to verify your identity when using a decentralized exchange such as Bisq or HodlHodl but you will need to either meet the buyer/seller in person or share your payment information (ie bank account) with him, hence, revealing your identity.
To mitigate this, you will have to use an intermediary payment method which doesn't require revealing your personal information (ie vouchers) then exchange those vouchers for fiat on the appropriate platform.
Agreed. Even if payment were made from an escrow account, into a PayPal wallet, in a way that is disconnected from the original Bitcoin transanction,  there is still a real risk that the payment could somehow be tied to the transaction, including one's sending address - revealing one's identify.

So, it all boils down to method of payment, which makes inperson worth focusing on, but keeping in mind the risk mitigation measures.

Regarding voucher and other intermediary routes, it is back to square one, involving a potential loss of value in the original asking price, in order to make an attractive offer for a quick sale.
2  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 19, 2022, 03:36:35 PM
The Electrum transaction fee is negligible, a few cents to several dozen cents, so you don't have to include it.

The trading fee, however, might be fairly large (I have the withdrawal fee in mind as I type this). So if it is anything above a few dollars, you should add it to your asking price. So long as your crypto purchase is large enough, it should also be a negligible part of the price.

I understand, thanks. Also, is there a way to receive the asking price in PayPal, without connecting my identity to the transaction and therefore, blockchain?
3  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 19, 2022, 03:10:17 PM
It's not easy challenge if you want privacy at low cost. But how strict do you want?
1. If you don't want to perform KYC verification (usually with your legal ID card, driving card or passport), centralized exchange isn't option. You could take risk by using centralized exchange where it's required on certain condition, but i wouldn't recommend it.
2. DEX such as Bisq[1] offer best privacy, but it has higher cost due to few reasons[2-4].
3. P2P such as HodlHodl[5] have great trade-off between privacy and cost. But you'll need to do research about the seller and payment method you use to reduce trading risks[6].

[1] https://bisq.network/
[2] https://bisq.wiki/Security_deposit
[3] https://bisq.wiki/Trading_fees
[4] https://bisq.wiki/Frequently_asked_questions#Mining_fees_are_too_high._How_can_I_trade_on_Bisq_cost-effectively.3F
[5] https://hodlhodl.com/
[6] https://hodlhodl.com/pages/help
Thank you very much for your helpful suggestions and links. As a seller, is it good practice to add to the fiat equivalent, sending fee (from Electrum wallet) and trading fee charged by the platform (i.e. fiat equivalent + sending fee + trading fee = fiat received)? By strict privacy, the idea is to avoid any connection with fiat or fiat-related payment system - a clean separation between personal id and the blockchain.
4  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 17, 2022, 06:41:45 AM
You've switched to Electrum but this is never mentioned here, so it's worth mentioning:
Point taken, switch to Electrum wallet has been added to my last post.
5  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 17, 2022, 12:21:05 AM
Thank you all for the great help. I now have Electrum wallet.

My next challenge is to convert some bitcoins to local fiat currency with strict privacy and at little or no cost. I expect to add Electrum sending fee, and other costs (e.g. exchange or other intermediary commission) to the fiat equivalent. Is this an acceptable practice? Your suggestions would be appreciated.
6  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 14, 2022, 08:35:44 AM
I understand that Electrum charges a flat rate fee.  If so, could you please help with these -

  • Is the flat rate fee 0.2mBTC or 2mBTC, mBTC meaning milliBTC or one thousandth (1/1000) BTC - as if Bitcoin and cryptocurrency generally were not complicated enough.
  • Accordingly, 0.2mBTC or  2mBTC means 0.0002BTC or 0.002BTC (~6USD or 60USD)?
  • Are there any other additional fee?
  • Does any Electrum fee apply to all transactions (i.e. receiving and sending Bitcoins)?
  • Any other thing I need to know about Electrum mobile wallet?



For Electrum, you can download it directly from Electrum official site, https://electrum.org, you can also verify its signature to make sure the site has not been compromised before you are about to download the wallet.

Electrum will generate you seed phrase, this is a 12 word backup which can be able to generate your keys and addresses anytime you import it on another Electrum wallet or wallet like Bluewallet. So, with the seed phrase, you can be able to access your coins and spend it or not.

Note: Electrum seed phrase is not BIP39 seed phrase. Although, you can import seed phrase from BIP39 wallet on Electrum but you can not import Electrum wallet seed phrase on BIP39 wallet except few like Bluewallet that I only know about.

Thanks for your reply. Briefly, how do I verify Electrum mobile (Android) wallet signature specifically; and what is "BIP39 seed phrase"?
7  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 14, 2022, 12:30:50 AM
So you are using an old version of the Bitcoin wallet and this wallet actually does not generate seed phrases, unlike other wallets.

About the greyed out "Sending addresses" it's not greyed out you need to slide it to the left to be able to go on that tab.

Maybe the old version you are using does not have 3 dots but I installed the latest one and 3 dots are working fine where you can find the safety button.
There you can able to backup your wallet and it will generate an encrypted backup file without an extension.

I suggest you if you want to use that wallet always install the latest one you can download it on Playstore or build it directly from their GitHub.

Or switch to other wallets like Electrum as other suggested above.

Thanks for your reply. It is helpful to know your thoughts about the "Sending addresses" tab. It would probably be active and slideable, as you suggested when the tab becomes populated with sending addresses. Quite right, Electrum is the most likely  other side of the coin - so to say.
8  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 13, 2022, 11:12:11 PM
Quote
This is most likely the cause of the problem. Did you get the download link from bitcoin.org? Because Bitcoin Wallet latest version is v9.03 and it requires Android 7.0 or higher.
If the Android version on your device is older than 7.0 then you should upgrade it.
If this is not an option then you should look for another wallet which can work properly on your device. I recommend Electrum. It's safe, easy to use and works properly even on Android 5.0

I agree. No, I got the download link from elsewhere, as soon as I realise that my device was incompatible with the latest Bitcoin Wallet 9.03 from bitcoin.org.

I had tried to upgrade the same device, but the logistics were painfully complex. I may try upgrading my other device instead, or most likely use Electrum, as recommended - thanks for that.
9  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 13, 2022, 06:19:17 PM
You are complicating things so much.
The receiving address is owned by you. You use it for receiving bitcoin and give it to anyone who wants to send you bitcoin.
No, I am not complicating things at all; but please simply read my post in the context of the original post and following welcoming reply by Lafu. The issue raised was how to activate the greyed-out "Sending address" tab within the label tool.
My comment you refered to was just a confirmation of my understanding of Lafu's solution.
Below is the button khaled0111 was talking about.



Tap on that button. After that, select "Safety" and then "Back up wallet".
In this way, you can get a file which can be used for recovering the wallet in future.
I don't know whether this file is compatible with any other wallet or not.
Please understand that the marked bottons are not shown in the downloaded wallet, as mentioned earlier - which is the crux of the issue raised.



I believe OP is talking about this wallet: Bitcoin Wallet
And it seems that this notification message he got when clicking on "Sent payments" is what confused him:
Quote
No Bitcoins sent so far
Please back up your wallet before receiving any Bitcoins!

Yes, that Bitcoin Wallet; but the downloaded wallet does not have the '3 dots' (settings button) at the top righthand corner, hence the issue raised.

No, I neither got the notification message as you suggested, nor was I confused . The notification message seemed to have been generated automatically. It came with the wallet and was there when the wallet was first opened.

OP, clicking on the Sent payments button is supposed to display a list of your recent sent transactions and the message you got makes perfect sense since your wallet is new and you didn't make any transaction yet.
It reminds you to back up your wallet so you don't lose your coins.
To back up your wallet: - click on the menu button (three vertical dots on the upper right corner) -> choose Safety -> Back up wallet -> set av password -> then choose where to save the wallet file on your device.

To send a payment, click on the Send Coins button on the bottom right then you can enter the address you want to send to and the amount you want to send.

Please note that the issue was not about 'sending payments', but the greyed-out "Sending addresses" tab within the 'label' button/tool. This part of the issue has now been solved and I understand that "Sending addresses" are the recipients' receiving addresses.


What do you mean by the sending address? If you created the bitcoin wallet then it must be having bitcoin address(es), you can be able to send bitcoin only if you have Bitcoin in your wallet and the receiver will get the address of your and the address of your wallet remain same and you can have as many address you want. So actually they are not separate thing, its just depends either you receive or send Bitcoin from that address.

I meant in relation to and the context of the greyed-out "Sending addresses" tab within the 'label' button of my downloaded Bitcoin Wallet. However, I now understand that sending addresses are the recipients' receiving addresses and that aspect of the issue has been solved.



So, the question is this: how do I get a sending address and private key before backing up the wallet and receiving Bitcoins?
Best to use a seed phrase wallet, seed phrase consists of 12 to 24 words that the wallet can generate for you for backup. The seed phrase can generate the private keys to the wallet and can be imported on another wallet for keys and coin recovery.

Which wallet? Because some wallets are not recommendable while some do not have the standard (recommended) derivation paths.

The downloaded mobile wallet is Bitcoin Wallet 7.69, like the one below link points to, but without the 3-dot settings button.

https://bitcoin.org/en/wallets/mobile/android/bitcoinwallet/

I expected the wallet to generate the seed phrase automatically, as you described; but that is not the case here. Any more ideas?




The current issues are listed below.

  • Bitcoin Wallet 7.69 seems to be the highest version compatible with my Android device.
  • Why the settings button (3 dots) is absent in the wallet and whether there is a way to recover it.
  • How to get the wallet behave as expected and generate seed phrase,  etc.

Your continued support is well appreciated.


10  Other / Beginners & Help / Re: Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 13, 2022, 04:33:49 PM
Thanks for your replies.

I see. So, if "the sending address is somebodys receiving address", it follows that my receiving address is somebody's sending address - right?

As to the private key, the downloaded mobile wallet is "Bitcoin Wallet", but without 'settings' (the 3 vertical dots).

I can only see the Bitcoin standard 'label' and 'payments' (3 descending horixontal lines/dashes) icons/tools at the righthand corner; and the "REQUEST COINS" and "SEND COINS" with camera icon at the bottom, and footer "safety notes" link.

In other words, the wallet has the standard Bitcoin Wallet layout (see link below), but without the '3 dots' at the top right corner.
   https://bitcoin.org/en/wallets/mobile/android/bitcoinwallet/?step=5&platform=android&user=beginner  
11  Other / Beginners & Help / Bitcoin Wallet Download: How Do I Get Sending Address and Private Key? on: May 13, 2022, 03:17:35 PM
Hi,

I have downloaded Bitcoin Wallet on an Android device. The wallet generated a receiving address automatically as expected, but the "Sending address" tab (within the Label menu) remains greyed out - presumably, until there is Bitcoin in the wallet to send.

So, the question is this: how do I get a sending address and private key before backing up the wallet and receiving Bitcoins?

Your help would be appreciated.

Thanks
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