Now that you are the proud owner of Bitcoin, you can use it as a payment mechanism, spread the word by sending some to your friends and family or just keep it in your Luno wallet. Luno offers three easy ways to send Bitcoin to others, each with its own advantages.
You can send Bitcoin by either:
Scanning a QR code
Entering a Bitcoin wallet address or
Sending it to someone's email address or mobile number
This is a convenient way to pay using your Luno mobile app, without the need to enter the recipient's Bitcoin wallet address. It’s ideal when sending Bitcoin from a mobile device (with a camera), using the Luno mobile app.
Step by step instructions:
HOME > MORE > SCAN QR CODE
Scan the recipient's QR code
Enter the amount to send
Review the details and confirm the transaction by entering your PIN
Navigate to the send Bitcoin page: HOME > MORE > SEND BITCOIN
Enter the recipient's email address or their Bitcoin wallet address
Enter the amount in Bitcoin you want to send
You can give the transaction and reference (optional, for your own records only) and click SEND
You can review the status of the transaction from the home page.
The recipient's account might take a while to show the transaction
Sending to someone with a Luno account using an email address appears instantly
For security reasons, amounts exceeding 10 BTC are processed manually. See the deposit and withdrawal schedule to predict when your Bitcoin transfer will be processed.
Remember, sending Bitcoin to an email address or mobile number is an instant and free alternative. This is ideal if the recipient is already a Luno customer.
How long does it take to send Bitcoin?