How to Send and Receive Cryptocurrencies?

Klever Wallet showing Bitcoin and the phrase: "how to send and receive crypto" screens with QR Code and floating BTC coins.

Understanding what a crypto wallet is, choosing the best one for your needs, and knowing how to create a crypto wallet are essential first steps. Now, let’s dive into how to send and receive cryptocurrencies easily.

While the process may seem technical, it’s straightforward with the right tools, much like using a banking app. 

This guide will walk you through securely transferring crypto using Klever Wallet, a self-custodial, multi-chain wallet trusted by many.

Whether you’re settling up with a friend, withdrawing from an exchange, or accepting payment for services, this guide ensures you handle transactions smoothly and confidently.

What Do You Need to Get Started?

Before send and receive crypto for the first time, ensure you have:

  • A crypto wallet (such as Klever Wallet)
  • Some cryptocurrency (like Bitcoin, Ethereum, or USDT)
  • A stable internet connection
  • The recipient’s correct wallet address or a QR Code (for sending)
  • Your wallet address (for receiving)

How to Send Crypto Using Klever Wallet

Step 1: Open Klever Wallet

Launch the app and set up your wallet if you haven’t yet.

Step 2: Select the Crypto to Send

Klever Wallet interface displaying Bitcoin balance and highlighted button to send cryptocurrencies in the portfolio tab.

  • Tap the desired token (e.g., BTC, ETH, USDT) in your portfolio or balance screen
  • Tap “Send

Step 3: Set the Amount

Klever Wallet screen showing the field to enter the sending amount in Bitcoin, with percentage options and the 'Next' button highlighted.

  • Enter the amount in crypto or fiat you want
  • Tap “next

Step 4: Enter the Recipient’s Address

Bitcoin sending screen in Klever Wallet showing recipient address field and network fee options before confirming the transaction.

  • Paste the address, scan the QR code or select an address from your address book
  • Double-check if the address matches the network type to avoid errors – never send ETH to a BTC address.
  • Check the estimated gas/network fees shown on the screen.

Step 5: Confirm and Authenticate

Bitcoin sending confirmation screen in Klever Wallet displaying transaction details, network fee and "Confirm" button.

  • Double-check all details and confirm the transaction
  • Authenticate the transaction (PIN or biometrics)

*Confirmation time for a BTC payment is about 10 minutes to an hour

How to Receive Crypto with Klever Wallet

Step 1: Open the App

Klever Wallet portfolio screen displaying cryptocurrency collection button and BTC and KLV balance.

  • Tap “Receive

Step 2: Select the Crypto

Tela de seleção de conta Bitcoin na Klever Wallet, com conta principal destacada para envio ou recebimento de BTC.

  • Choose which cryptocurrency you want to receive and tap on it (e.g., “BTC – Main Amount”).
  • Your wallet address and QR code will appear

Step 3: Share the Address

Klever Wallet screen displaying QR Code and address to receive Bitcoin (BTC) in the main account.

  • Copy and send the address to the sender or let them scan your QR code directly

Pro Tip: The same token can exist in different blockchains. Always confirm the network before receiving. For example, if someone is sending USDT, make sure you’re providing your TRC-20, ERC-20, or BEP-20 address — depending on their network.

How to Track Your Transaction

Once you’ve sent or received crypto:

  1. Open Klever Wallet
  2. Select the token and view your transaction history
  3. You’ll see real-time status (pending/confirmed) and all blockchain details

You can also copy the transaction hash (TxID) and paste it into a block explorer (like KleverScan, Blockchain.com or Etherscan.io) for more transaction details.

Safety Tips When Transferring Crypto

  • Double-check addresses: Crypto transactions cannot be reversed
  • Prefer using QR codes: Avoid copy/paste errors
  • For large amounts, send a small test transaction first.
  • Backup your wallet: Save your seed phrase offline and create a back-up file for more safety

Ready To Try Send and Receive Crypto?

Sending and receiving cryptocurrencies can be seamless with the right wallet. 

Klever Wallet stands out as a secure, user-friendly option that supports all major blockchain networks and offers peace of mind with self-custody.

Whether you’re new to crypto or a regular user, mastering the basics of crypto transfers is essential and Klever makes it easy.

Klever Wallet is known for being:

  • Self-custodial: You control your private keys
  • Multi-chain: Supports Bitcoin, Ethereum, Solana, BNB Chain, Polygon and more
  • Fast & intuitive: Designed for all user levels
  • Secure: Military-grade encryption, PIN, and biometric protection
  • Accessible: Mobile app, browser extension, and hardware support

Download Klever Wallet and start managing your crypto with confidence today.

Glossary of Terms

  1. Fiat Equivalent: The value of cryptocurrency expressed in traditional government-issued currency (like USD, EUR, etc.).
  2. Network Fees (Gas Fees): Small fees paid to blockchain network participants for processing transactions. These fees vary depending on the network load and the type of transaction.
  3. Token: A type of cryptocurrency that represents an asset or a utility on a specific platform, which can be stored in a crypto wallet.
  4. BTC Address: A unique string of letters and numbers that represents a destination for a Bitcoin payment.
  5. Block Explorer: An online tool that allows you to view all transactions on a blockchain.
    Example: Etherscan (Ethereum), Blockchain.com (Bitcoin).
  6. USDT: A stablecoin (cryptocurrency pegged to a fiat currency like the US dollar) designed to maintain a stable value.
  7. TRC-20, ERC-20, BEP-20: Standards for creating and issuing tokens on different blockchains: TRC-20 on TRON, ERC-20 on Ethereum, and BEP-20 on Binance Smart Chain.
  8. Seed Phrase: A sequence of 24 words generated by your crypto wallet that gives you access to the cryptocurrencies associated with that wallet. It’s crucial for recovering your wallet if you lose access.