Shareable links for cryptocurrencies
Shareable links are tools that allow you to transmit cryptocurrency in the form of a link. To claim the cryptocurrency sent, the receiver only has to click the said link! You can use any method you choose to send the recipient the link - for instance, through text, email, SMS or a messaging service such as WhatsApp, Line or Telegram. The Bitcoin.com Wallet is the only place to take advantage of shareable links and currently you can only use it to email Bitcoin Cash links; all it takes for the recipient to obtain the Bitcoin Cash you send is to click on the provided link.
How do shareable links work?
When you establish a shareable link, you are, in effect, putting your cryptocurrency in a ‘holding pattern’ – similar to an aircraft being instructed to circle whilst air traffic controllers give it permission to land. Once you create the link, the amount of cryptocurrency set aside is removed from your wallet; Because of this, the US$ value of the amount you transferred might have changed, …
Keep reading with a 7-day free trial
Subscribe to Digital Bytes to keep reading this post and get 7 days of free access to the full post archives.