Steps for sending Bitcoin
Send Screen
Enter or scan a Bitcoin on-chain address.
Enter the amount in BTC, sats or fiat.
An optional personal note to identify the transaction. Only visible to you, in the transaction details.
Confirmation Screen
Take your time to check all the parameters, especially the amount, destination address and fees.
You can adjust the parameters:
Fees: By default the ‘Fastest’ fee estimates are applied. But you have the choice to change them to ‘Economic’ or ‘Slow’, by clicking on the Fee Priority field.
Advanced settings:
Replace-by-fee (RBF): Activated by default, this function speeds up the transaction by paying a higher fee.
Select coins manually: When sending transactions, you can select the individual coins available in your wallet, also known as Unspent Transaction Output (UTXO), that you wish to send. Sending from several addresses with small amounts is more expensive than sending from a single address, but doing it while fees are low avoids having to do it later, when fees will be high which will cost you more. This is called consolidation of UTXOs.
Sending with PayJoin: If the function has been activated by the recipient who shared the address, then BULL Wallet will configure the transaction by combining your UTXOs with the recipient’s UTXOs, improving confidentiality.
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