Bitcoin.com Wallet: How to receive a Shareable Link payment

2 months ago
7

Learn more about Shareable Links here:
https://support.bitcoin.com/en/articles/5387124-what-are-shareable-links

Why do Shareable Links only work for Bitcoin Cash?
There are two reasons: low fees, and fast confirmation time. First, because fees for sending Bitcoin Cash are negligible, the recipient will receive essentially the same dollar amount you sent. This makes it possible to send even small amounts of BCH, perfect for introducing friends and family to crypto, settling bills between friends, and so on.

On the second point, confirmation time, with Bitcoin Cash, because there’s no ‘replace-by-fee,’ unconfirmed transactions are irreversible. In practice, this means that when you send Bitcoin Cash, the recipient can receive it almost instantly because, unlike Bitcoin or Ethereum, there’s no need to wait for the next block.

Read more about Bitcoin Cash’s features here:
https://www.bitcoin.com/get-started/what-is-bitcoin-cash/

The Bitcoin.com Team is hard at work integrating other low-fee blockchains that have fast confirmation times. Once those chains are supported in the Bitcoin.com Wallet, we’ll be able to offer Shareable Links for cryptoassets on those chains as well. Stay tuned!

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