Transfer between different e wallet

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Can we transfer cyptocurrency to anyone so long they hold an e-wallet, even in different part of the world?

Alicia

Posted 2018-07-16T09:09:17.760

Reputation: 1

1Maybe you want to be a bit more specific in your question... Short answer is yes. You have a bitcoin wallet in Africa, I have one in Asia, and we are both connected to the internet - then we can transfer funds.pebwindkraft 2018-07-16T09:37:42.677

Answers

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Yes, so long as both parties have wallets that support the same specific cryptocurrency - e.g. both support Bitcoin (BTC).

The two parties do not have to use the same wallet software. For example, one might use a bitcoin-core wallet and the other might use an Electrum wallet. It doesn't matter.

Physical location is irrelevant - though local laws may affect parties to the transaction.

Remember that cryptocurrency transfers are usually irrevocable - you cannot cancel or reverse the treansaction if you change your mind or discover that the recipient is a liar, cheat or fraudster.

RedGrittyBrick

Posted 2018-07-16T09:09:17.760

Reputation: 4 815