Receiving Bitcoin

in #bitcoin7 years ago

To receive Bitcoin you need to use your Receiving address. This is located in the
menu section under Transfers. It is highly recommended that you add a new
Receiving address for each new person that you send money to.
The first time you download your wallet you will be given a Receiving address. It
looks similar to this:
4Gov7so6kVwTZyP2CDJwKoG5PRThSqf3rr
This is a public address, think of it in the same way as the email address you
associate with your PayPal account.
The basic steps to receive Bitcoin are:

  1. Create a New Receiving Address - click on the new tab
  2. Add a label so you know what the transaction is for
  3. Add the amount
    Once this happens Multibit will generate a QR code for you. This code contains all
    of your details. Someone on a mobile device can use this code to send you Bitcoin.
    You can also copy and paste the code into an email or use to give to a person on
    Skype.
    If you drag the QR code to your desktop it will automatically save as a PNG file for
    you.
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