# Receive and Send

You are able to receive and send bitcoin via on-chain transactions on Bold.

### Receive Bitcoin 

1. Click `Move bitcoin` from the Bold Wallet page.
2. Click `Receive bitcoin`.

<figure><img src="https://3458648779-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfX5DReqJv5E3y7yE5s9N%2Fuploads%2FTCeKQYnkOreFY6ntn2w9%2FScreenshot_Receive_Bitcoin.png?alt=media&#x26;token=663d61f8-506f-489b-8339-a0f54e08a3ec" alt="" width="176"><figcaption></figcaption></figure>

3. Scan the QR code or copy and paste the bitcoin on-chain address.

{% hint style="danger" %}
The below QR address and on-chain wallet address is not an active bitcoin address. DO NOT SEND your bitcoin to this address.
{% endhint %}

<figure><img src="https://3458648779-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfX5DReqJv5E3y7yE5s9N%2Fuploads%2FHKRVwxolIOXxoGpWOwp5%2FScreenshot_Receive_Bitcoin_QR%20code.png?alt=media&#x26;token=d9e3a261-4d18-4dad-89d9-a59f1cd57a9a" alt="" width="375"><figcaption><p>The QR code/wallet address the sender will need to send you bitcoin</p></figcaption></figure>

4. Confirm the transaction yourself or have the sender confirm the transaction.
5. When the transaction is confirmed you will receive your bitcoin in your account.
6. Find the details of a deposit (receive) transaction by clicking onto a transaction in the `Latest transaction` table.&#x20;
   1. You can tag a transaction as either a `Self transfer` or `Payment`. You can also input a note about the transaction.&#x20;
      1. The category and note will flow over to Bold's tax reporting feature making it easier for taxable events to be represented and accounted for.&#x20;

### Send Bitcoin

1. Click `Move bitcoin` from the Bold Wallet page.
2. Click `Send bitcoin`.

<figure><img src="https://3458648779-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfX5DReqJv5E3y7yE5s9N%2Fuploads%2F7VCmA6kTMCFAOGwYGOQh%2FScreenshot_Send_Bitcoin.png?alt=media&#x26;token=52cc5102-4705-4038-832b-2b3bb77632b2" alt="" width="177"><figcaption></figcaption></figure>

3. If you are sending bitcoin to an outside wallet, enter in the bitcoin address into the `Bitcoin address` section. Enter the amount of bitcoin you want to send and then click `Continue`.
   1. If you are looking to withdraw to your vault, visit [Deposit to Vault.](https://docs.getbold.io/bold-vault/deposit-to-vault)

<figure><img src="https://3458648779-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfX5DReqJv5E3y7yE5s9N%2Fuploads%2F8edfCY8BrqrIsI5WX3Er%2FScreenshot_Send_Bitcoin.png?alt=media&#x26;token=e8835bb3-4d8d-415a-95ee-bcee94588fa0" alt="" width="375"><figcaption></figcaption></figure>

{% hint style="warning" %}
You will only be able to send bitcoin in your account that has cleared the holding period
{% endhint %}

4. Click `Confirm` to confirm your transaction.&#x20;
   1. Network fees are based on a 3 month moving average.&#x20;

{% hint style="info" %}
Withdrawals above $25,000 require manual review and approval. This threshold can be increased or decreased by emailing <support@getbold.io>.&#x20;
{% endhint %}

5. Find the details of a withdrawal (send) transaction by clicking onto a transaction in the `Latest transaction` table.&#x20;
   1. You can tag a transaction as either a `Self transfer` or `Payment`. You can also input a note about the transaction.&#x20;
      1. The category and note will flow over to Bold's tax reporting feature making it easier for taxable events to be represented and accounted for.&#x20;