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How to send and receive crypto safely

A complete wallet checklist for choosing the right asset and network, using saved withdrawal addresses, and tracking a crypto transfer safely.

7 min read · Learn

Reviewed by ebitpoint · Updated

Illustration of crypto moving between two phones
Open your wallet

How to send or receive crypto safely

  1. Step 1

    Choose the exact asset

    Open the wallet for the cryptocurrency you intend to send or receive. Similar names or symbols do not make two assets interchangeable.

  2. Step 2

    Match the network

    Read the network label shown with the ebitpoint wallet or withdrawal route and confirm that the sending and receiving sides support the same network.

  3. Step 3

    Copy and compare the address

    Use the copy control instead of retyping an address, then compare its first and last characters after pasting. Check any memo or tag when the current route requires one.

  4. Step 4

    Review the amount and fees

    Check the transfer amount, any displayed network fee, and the final amount before submitting. Use a small test transfer first when the destination is new and the route allows it.

  5. Step 5

    Confirm through your own account

    Use your password only on the signed-in ebitpoint screen when the withdrawal-address security step asks for it. Never send a password, PIN, or one-time code to Support or another person.

  6. Step 6

    Keep and track the reference

    Save the withdrawal reference, order reference, or blockchain transaction ID and follow its recorded status from your activity rather than an unsolicited message.

Receiving: share the exact wallet details

Choose the asset you expect to receive, then copy its wallet address from your account. Confirm that the sender is using the same asset and network shown with the address. Sending a different asset or using an unsupported network can result in a delayed or unrecoverable transfer.

Share only the public receiving details needed for that transfer. A sender never needs your account password, private key, recovery phrase, banking PIN, or one-time code.

Sending: use the saved-address security flow

On ebitpoint, withdrawal destinations are managed as saved addresses. Confirming your current password happens inside the signed-in address-management screen, and a newly added destination can be used as soon as it is added.

When the address becomes eligible, select it from the matching wallet and review the first and last characters, network, amount, and any displayed fee. A recipient address can look similar to another one, so do not rely on a quick glance.

Know what each transfer status means

A submitted withdrawal, a transfer sent for on-chain confirmation, and a completed withdrawal are different stages. Check the current status in your wallet activity and keep the reference for follow-up.

If a transaction ID is recorded, compare it using the appropriate blockchain explorer when useful. Do not accept a screenshot or message alone as proof that an on-chain transfer has reached its destination.

Pause when the asset, network, or destination changes

Malware and social-engineering scams can try to replace a copied address or rush a transfer. Recheck the destination on the final screen, especially when it differs from the address you intended to save.

A legitimate support conversation does not require a private key, recovery phrase, password, or one-time code. If anything changes unexpectedly, stop before submitting and ask through signed-in Support.

Common wallet and transfer questions

How do I withdraw Bitcoin from my ebitpoint wallet?

Complete the verification and withdrawal checks shown for your account, confirm your current password on the signed-in withdrawal-address page, and add the Bitcoin destination. Then open the BTC wallet, choose the saved address, enter the amount, review the network and destination, submit the withdrawal, and track its status.

Can I send BTC to a Bitcoin Cash address?

No. Bitcoin and Bitcoin Cash are separate assets and networks. Open the correct wallet and use an address intended for the asset you are sending.

Why is a new withdrawal address not available immediately?

A newly added saved address can be used as soon as it is added. Confirm your current password on the signed-in address page, then choose that destination from the matching wallet.

What should I do if a transfer address looks wrong?

Do not submit the transfer. Copy the destination again from a trusted source, compare the asset and network, and contact signed-in Support before proceeding if the mismatch remains.

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