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Author Topic: How to send bitcoin to several addresses all at once?  (Read 280 times)
reallester
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February 07, 2020, 07:42:41 AM
 #21

I want to send bitcoin to several addresses, and the amount is the same. Is there any way to do that?
Yes, if you are using a wallet which has that function.

Most people on this forum would recommend Electrum, which will certainly let you do that. You simply click Tools -> Pay to many, and it will open a new transaction with an expanded "Pay to" field. Enter the addresses and the amount you want to send to each address in the format address, amount with one address/amount combo per line. An example:
Code:
bc1address1abcdefgh, 0.01
3address2ijklmnop, 0.35
1address3qrstuvwxyz, 0.2

I also want to divide the whole amount to let's say 8 and send the whole thing to 8 different addresses, and the gas fees, etc. make it complicated.
I'm not sure there is an automatic way to do this. You can enter ! instead of an amount and it will send all remaining funds to that address, but that doesn't help you split it evenly several ways. I think you will end up having to do it manually.

This is Brilliant. I almost thought its impossible to send btc to different addresses with different values at the same time. But reading this now proves the possibility. But if I may ask, aside from Electrum wallet is there any other wallet you can recommend me to use for this action because I am not familiar with Electrum wallet. I currently use blockchain wallet, mycelium wallet and Coinomi wallet but none seem to have this feature.

pooya87
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February 07, 2020, 08:25:44 AM
 #22

I currently use blockchain wallet, mycelium wallet and Coinomi wallet but none seem to have this feature.

both blockchain.com and Coinomi are considered bad wallets to use.
blockchain.com is bad because it is a web wallet and is known for having bugs and not supporting lots of features even with many demands for those features.
and Coinomi is bad because it is closed source and the developers have been evasive about it for a long time.

i am not a Mycelium user but it appears that it allows paying to multiple addresses: https://github.com/mycelium-com/wallet-android/issues/421#issuecomment-342934631 although i can't find that much information about it!

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Leonardo7
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February 07, 2020, 01:08:41 PM
 #23

1. Blockchain.com can not be trusted.
2. You can import that very same private key to electrum and split it like o_e_l_e_o explained.
3. Don't trust Electrum 100% with very big amounts, because you have to rely on a blockchain, that Electrum hosts for you. Just saying.

Hello, why do you say blockchain dot com can't be trusted? This is a non-custodian wallet wherein a password can't be recovered if loss and you own your private keys. do you think something is wrong with their services? And you said one shouldn't trust Electrum wallet 100%, could this be because it's a hot wallet? Thanks
o_e_l_e_o
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February 07, 2020, 01:45:28 PM
 #24

This is a non-custodian wallet wherein a password can't be recovered if loss and you own your private keys.
You are 100% sure about that? You are 100% sure that their security set-up is unhackable? You are 100% sure that they don't have access to your seed or private key? You are 100% sure that they don't have access to your password? You are 100% sure that everything that happens in your browser is fully encrypted before being sent to them? You are 100% sure that they can't decrypt it? You are 100% sure that there is no backdoor or other malicious code anywhere on their website, backends, servers, etc? You are 100% sure they don't have any rogue employees who might want to push some code that compromises your coins? The list is endless. You have to take an awful lot on trust to use their platform. Not to mention that you are also trusting them never to freeze or lock your account, demand KYC, decide they don't like where you are sending your coins, and all the rest of it.

And you said one shouldn't trust Electrum wallet 100%, could this be because it's a hot wallet?
Depends how you use it. If you use Electrum on an internet-enabled computer, then yes, it's a hot wallet. You can also use Electrum as an interface for many hardware wallets, or on an airgapped machine, in which case it isn't.
metenjean
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February 07, 2020, 01:46:20 PM
 #25

Only support with ellectrum wallet could and available sending bitcoin to several address all at once, you just put and setting which one address want to sent bitcoin in electrum wallet, maybe its the way use by bounty campaign manager handle their payment bitcoin in weekly by sending using electrum wallet, look hard if sending one by one to many bounty signature campaign participants.
AGD
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February 08, 2020, 09:17:15 AM
Merited by o_e_l_e_o (1)
 #26

This is a non-custodian wallet wherein a password can't be recovered if loss and you own your private keys.
You are 100% sure about that? You are 100% sure that their security set-up is unhackable? You are 100% sure that they don't have access to your seed or private key? You are 100% sure that they don't have access to your password? You are 100% sure that everything that happens in your browser is fully encrypted before being sent to them? You are 100% sure that they can't decrypt it? You are 100% sure that there is no backdoor or other malicious code anywhere on their website, backends, servers, etc? You are 100% sure they don't have any rogue employees who might want to push some code that compromises your coins? The list is endless. You have to take an awful lot on trust to use their platform. Not to mention that you are also trusting them never to freeze or lock your account, demand KYC, decide they don't like where you are sending your coins, and all the rest of it.

And you said one shouldn't trust Electrum wallet 100%, could this be because it's a hot wallet?
Depends how you use it. If you use Electrum on an internet-enabled computer, then yes, it's a hot wallet. You can also use Electrum as an interface for many hardware wallets, or on an airgapped machine, in which case it isn't.

Regarding to blockchain.com I would add, that Roger "Bitcoin Judas" Ver is behind this website. I don't trust anything that has his name connected to.

Bitcoin is not a bubble, it's the pin!
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