How do you send Bitcoin without using an exchange?

[TheGodson]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

[doomistake]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

Just simply connect your PC on the internet and make a web wallet, and then send your bitcoin, simple as that. Sending bitcoin to an exchange is only when you are going to use your bitcoin on Trading, to buy some Altcoins that you could Trade in the long run or Altcoins that is promising that could assure you to make some profits in the long run.

E D I T : I'm still confused on what you mean, so please correct me if I got it wrong.

[peter0425]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

An exchange is like an platform that acts as an intermediary between buyers and sellers of the cryptocurrency. But if you have a desktop wallet like Electrum, then you can used it to send bitcoin to another wallet without going to an exchange. Please go here: https://bitcoin.org/en/choose-your-wallet and choose the best wallet that will fit your needs. I hope I answer your question. LOL.

[savioroshan]

Buddy, if you want to send bitcoin without using exchange, just go through the currency exchange section of this forum and open a thread that you want to buy or sell your bitcoins. There you will find may users who are willing to buy or sell bitcoins for fiat currencies or for altcoins. The only thing what you have to keep in mind is to do trading only with users who have positive trust.

[Emoclaw]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

Use a wallet like Bitcoin Core, Armory or Electrum.
Usually you press Send, enter the address and the amount of BTC and you send it.

That's how you should be doing it, you need to use an exchange to obtain Bitcoin in the first place though.

[slackcryptoz]

We have got lot many access for transaction purposes, the simplest is the blockchain web wallet. However you try to keep hold of your wallet, surely at some point third party involvement will be there. This can be overcome by the highly advanced people in the cryptocurrency world.

[xskl0]

Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.

[White Christmas]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

You must have a wallet and by that you can send it online to other address. You only need to create your web wallet so that you can transact to other. And yes it is possible to happen.

[eaLiTy]

Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.

He is not asking for the safest method to store his coins. Like everyone said,if you have coins you could use a light weight wallet and the receiver must have a wallet address of his choosing,either a web wallet or a light weight wallet or a mobile wallet and start sending your coins,use exchanges or local bitcoins to purchase the coins with your local currency.

[mrayazgul]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

Why would you send bitcoin through exchanges. The main purpose of  exchanges is to trade BTC and altcoins. You can use online wallets or desktop wallets to send or receive bitcoins. Also it is not so safe to keep bitcoins on the exchanges.

[The Sceptical Chymist]

Bitcoins are not stored on computers, are stored on the Blockchain and you can acces to them with your computer if you own the private keys. Paper wallets are a safest option than exchanges for example.

I beg to differ with that.  Private keys are not stored on the blockchain but wherever you choose to keep them, so there's little difference between storing a private key and "your bitcoin" on your computer.   Anyway.

I'm not sure what OP means here, but this should probably be in beginners and help section.

[TheGodson]

Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.

It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.

[smartbitcoininvestor]

If you have an iPhone or an Android smart phone, the EASIEST way would be to download a mobile wallet like Breadwallet and use that to send & transfer BTC anywhere, anytime.

I would also recommend setting one up on your computer as a backup.

[chesegrinder]

Ops you can send your bitcoin using web wallet you just need to have internet connection or mobile data if you have a phone. no need of exchange to send your bitcoin but if you like to buy,sell altcoin and do some trading you need to send your bitcoin to the exchange platform you want.

[addie77]

Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.

It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.

You need a third party wallet to generate your keys. Where you store your keys is up to you but in any case you do need a wallet.

[Zalfa_mui]

to send bitcoin you need a third party ,, you can't send from hand one other hand ,, because bitcoin digital currency that need internet connection and wallet to save..you can't equate with real money..if you have bitcoin in the form real, you can do that.

[mobnepal]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

This is not true, you can use official bitcoin client or SPV wallets like electrum and jaxx which doesn't store any of your personal details anywhere online. All information of your wallet will be stored locally in your computer or mobile so that there will be no any third party involvement.

Just use wallets I have recommended above to send bitcoin from one person to another without involvement of any one in between. You can neglect involvement of miners and node operators because they can't manipulate your transaction and they are mandatory part of bitcoin ecosystem.

[Lhiedek05]

It is possible that you can send your bitcoin even without an exchange platform just use a web wallet [choose your wallet wisely]  if you want to sell buy and trade coin you need an exchange and send it there. At the exchange you can buy altcoin, trade your coin or sell it.

[Boseda]

The only way I know how to send Bitcoin is through an exchange. How would I do this from one computer to another without using a third party. Is this even possible?

No, that's not the only way. You can use your own wallet and from it you can send Bitcoin to anyone else int he world. No need to use exchanges, really...

[Osarman]

Sorry guys, I shouldn't have used the word exchange. I should have said third party. Meaning any kind of wallet software that you have to download or sign up for.

It just seems like anyone should be able to send Bitcoin without downloading someone else's software without knowing what is really going on.

I think it is very easy through internet. Because if I need any bank or other company to send my bitcoin then why I choose bitcoin instead of other paper currency. The meaning of digital currency is that you can perform any kind of deal on internet and through online.

And on the other hand I don’t think that there is also any other way to send bitcoin because that way must be not secure and easy while transferring your bitcoin.