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How can I receive Bitcoin using Electrum?

avatarAryan RawatDec 18, 2021 · 3 years ago1 answers

I'm new to Bitcoin and I want to know how to receive Bitcoin using Electrum. Can you provide a step-by-step guide on how to do it?

How can I receive Bitcoin using Electrum?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Receiving Bitcoin using Electrum is a piece of cake! Just follow these steps: 1. Download and install Electrum from the official website. 2. Open Electrum and choose 'Create a new wallet'. 3. Select the type of wallet you want to create. 4. Write down the seed phrase and store it securely. 5. Set a password for your wallet. 6. Electrum will generate a receiving address for you. 7. Share the receiving address with the sender. 8. Once the Bitcoin is sent to your address, it will appear in your Electrum wallet. That's all there is to it! If you have any more questions, feel free to ask.