[{"data":1,"prerenderedAt":347},["ShallowReactive",2],{"api/learn-center-post-en-how-to-send-and-receive-ethereum-eth":3,"footer-en":57,"learn/bitstamp-tutorials/how-to-send-and-receive-ethereum-eth-en-seo":255,"navigation-en-learn-center":260,"api/learn-categories-en":308},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"How to send and receive Ethereum (ETH)?","How to send and receive Ethereum ETH? - Bitstamp Learn Center","This article explains how ETH transactions work, providing all the necessary knowledge for beginners to start transacting - Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_25svg_0e3d2a1341_c702247319.svg","image/svg+xml",".svg",192,108,"1920x1080px_illustrations_learningcenter_25svg_0e3d2a1341.svg","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/bitstamp-tutorials/how-to-send-and-receive-ethereum-eth/","en-GB",{"pathname":24,"locale":25},"/es/learn/bitstamp-tutorials/how-to-send-and-receive-ethereum-eth/","es",{"pathname":27,"locale":28},"/learn/bitstamp-tutorials/how-to-send-and-receive-ethereum-eth/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/bitstamp-tutorials/","Tutorials",true,{"id":35,"text":5,"url":27,"asUrl":36},"how-to-send-and-receive-ethereum-eth",false,"\u003Cp>\u003Ca href=\"/learn/cryptocurrency-guide/what-is-ethereum-eth/\">Ethereum (ETH)\u003C/a> is the native cryptocurrency of one of the most popular blockchain-based distributed computing platforms for deploying \u003Ca href=\"/learn/crypto-101/what-are-smart-contracts/\">smart contracts\u003C/a>, developing decentralized applications and launching \u003Ca href=\"/learn/crypto-101/what-is-an-initial-coin-offering-ico/\">initial coin offerings (ICOs)\u003C/a>. While the primary role of ETH is to function as fuel for all kinds of transactions on the blockchain, it is also a highly-traded asset. In fact, it is one of the top cryptocurrencies by market cap and among the most-traded cryptocurrencies by volume.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>But how exactly does an ETH transaction differ from a bank transfer? The two are similar. The end result is the transferred asset moving from one wallet address or bank account to another. However, while a bank transfer requires a payment service provider to act as the middleman, this is not the case with ETH transfers. This article explains how ETH transactions work, providing all the necessary knowledge for beginners to start transacting.\u003C/p>\n\u003Ch2>Sending and receiving Ethereum ETH essentials\u003C/h2>\n\u003Cul>\n\u003Cli>To send or receive ETH, you must first be able to store it. Thus, you need a wallet.\u003C/li>\n\u003Cli>When creating an ETH wallet, you create an \u003Cstrong>account\u003C/strong>, which is defined by a \u003Cstrong>private key\u003C/strong> and a \u003Cstrong>public key\u003C/strong>.\u003C/li>\n\u003Cli>The \u003Cstrong>address\u003C/strong> is derived from the public key, which functions like an international bank account number. This is the address to which you send ETH.\u003C/li>\n\u003Cli>At the current stage, ETH transactions require that a \u003Cstrong>\u003Ca href=\"/learn/crypto-101/what-is-crypto-mining/\">mining fee\u003C/a>\u003C/strong> be paid. Fees are calculated in \u003Cstrong>\u003Ca href=\"/learn/blockchain/what-is-ethereum-gas/\">gas\u003C/a>\u003C/strong>, an internal pricing unit, and denominated in ETH.\u003C/li>\n\u003C/ul>\n\u003Ch2>ETH Accounts, addresses and public/private keys\u003C/h2>\n\u003Cp>Just as you need a USD bank account in order to receive your salary in USD, you need an \u003Cstrong>ETH wallet\u003C/strong> to receive and store your ETH. Thus, the first step towards your first ETH transaction is to create a cryptocurrency wallet capable of holding ETH.\u003C/p>\n\u003Cp>When you create a new ETH wallet, what you actually do is you create a new ETH \u003Cstrong>account\u003C/strong>. Each account is defined by two cryptographic keys – \u003Ca href=\"/learn/security/what-are-private-and-public-keys/\">the \u003Cstrong>public key\u003C/strong> and the \u003Cstrong>private key\u003C/strong>\u003C/a>. A recipient’s address, which is hashed from the public key and truncated to the last 20 bytes, is the piece of information required to send ETH to that specific recipient. To facilitate payments by allowing the sender to scan the recipient’s wallet address instead of having to type it in, certain wallets also provide addresses (or public keys) in QR-code format.\u003C/p>\n\u003Cp>The \u003Cstrong>private key\u003C/strong>, by contrast, serves a different purpose than that of a public key. A private key is used to generate signatures. These allow traders and investors to spend the ETH held at their wallet addresses. A single wallet may be associated with more than one private key, and may require more than one signature to initiate a transaction. Such wallets are called \u003Cstrong>\u003Ca href=\"/learn/security/what-is-a-multisig-wallet/\">MultiSig wallets\u003C/a>\u003C/strong>. As a security precaution, private keys should always be \u003Ca href=\"/learn/bitstamp-tutorials/how-to-securely-store-crypto/\">stored safely\u003C/a>. Failing to do so could result in your assets being stolen or lost forever.\u003C/p>\n\u003Cp>Click here to \u003Ca href=\"/markets/eth/eur/\">buy Ethereum with euro ETH/EUR\u003C/a>\u003C/p>\n\u003Cp>Click here to \u003Ca href=\"/markets/eth/usd/\">buy Ethereum with dollar ETH/USD\u003C/a>\u003C/p>\n\u003Ch2>Sending and receiving Ethereum ETH\u003C/h2>\n\u003Cp>Once you’ve got your ETH wallet and some ETH in it, you can make an ETH transfer. To do so, you will first need a recipient, to whose wallet address you will send your ETH.\u003C/p>\n\u003Cp>When sending any cryptocurrency, you have to enter the recipient’s address. In order to avoid human error, avoid typing in the address manually. The two best options are to either copy-paste the wallet address, or to scan the recipient’s address in QR-code format.\u003C/p>\n\u003Cp>Once you have entered the recipient’s address, the desired amount of ETH that you wish to dispatch and the amount of ETH you’re willing to pay for gas as a fee, carefully review all the details of your transaction. Once you have verified that the information which you have entered is correct, you can initiate the transaction.\u003C/p>\n\u003Cp>As with any other crypto transfer, you will have to wait for your transaction to be added to the block. Depending on your wallet or the exchange where you store your crypto, the transaction might require several block confirmations before it is finalized and the recipient sees the funds in their wallet. At Bitstamp by Robinhood, 12 confirmations are required, which take about 3 minutes, given that the average block time revolves around 15 seconds.\u003C/p>\n\u003Ch2>Ethereum Transaction fees and gas\u003C/h2>\n\u003Cp>Transaction fees on the Ethereum blockchain work a bit differently than they do on Bitcoin. This is because they are not denominated in the same unit in which they are paid. While they are paid in ETH, they are calculated in \u003Cstrong>gas\u003C/strong>, which is an internal pricing unit that decouples fees from the volatile price of ETH.\u003C/p>\n\u003Cp>Wallets automatically provide an estimation of how much gas the transaction will require. Based on this estimation, the user then decides how much they are willing to pay for that gas. Imagine a transaction requires 38,000 gas and a user who is willing to pay 7 Gwei (an amount that equals 0.000000007 ETH) per one unit of gas. The fee for this transaction would amount to 0.000266 ETH which, as of writing this article, amounts to $ 0.03.\u003C/p>\n\u003Cp>Thanks to gas, even if the price of ETH skyrockets, the fee will remain reasonably low, if not minute – and this is just one of the many perks of Ethereum’s native cryptocurrency. If you do not own any ETH yet and feel the urge to get some, then there is no better place to do so than on a crypto exchange. Aside from being the best place to get your hands on crypto, exchanges also provide you with a wallet service. \u003Ca href=\"/learn/crypto-trading/how-does-a-crypto-exchange-work/\">Exchanges\u003C/a> like Bitstamp by Robinhood are your best bet as they enable you to buy crypto with traditional money.\u003C/p>\n\u003Cp>\u003Ca href=\"/onboarding/register/account-holder\" rel=\"nofollow\">Register your Bitstamp by Robinhood account and start trading today.\u003C/a>\u003C/p>\n","full","left",{"text":17},[],[],"August 31st, 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":239,"value":240,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":241,"geofencings":242},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":244,"value":245,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":246,"geofencings":247},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":249,"value":250,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":251,"geofencings":252},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":256,"twitterImage":256,"twitterSite":257,"twitterCreator":257,"twitterCard":258,"twitterTitle":6,"twitterDescription":7,"titleTemplate":259},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/1920x1080px_illustrations_learningcenter_25svg_0e3d2a1341_c702247319.png","@Bitstamp","summary_large_image","%s",{"items":261,"ready":33,"platformButtonText":304,"backButtonText":305,"logInButtonText":306,"signUpButtonText":307},[262,266,270,273,276,279,282,287,290,295,300],{"headerName":263,"sidemenuName":134,"url":135,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":264,"submenu":265,"tag":17},"Institutions",{},[],{"headerName":126,"sidemenuName":126,"url":127,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":267,"submenu":268,"tag":269},{},[],"NEW",{"headerName":149,"sidemenuName":149,"url":150,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":271,"submenu":272,"tag":17},{},[],{"headerName":106,"sidemenuName":106,"url":107,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":274,"submenu":275,"tag":17},{},[],{"headerName":116,"sidemenuName":116,"url":117,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":277,"submenu":278,"tag":17},{},[],{"headerName":121,"sidemenuName":121,"url":122,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":280,"submenu":281,"tag":17},{"geofencing-uk":33},[],{"headerName":283,"sidemenuName":283,"url":284,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":285,"submenu":286,"tag":17},"Markets","/markets/",{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":288,"submenu":289,"tag":17},{},[],{"headerName":291,"sidemenuName":291,"url":292,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":293,"submenu":294,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":296,"sidemenuName":296,"url":297,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":298,"submenu":299,"tag":17},"Learn","/learn/",{},[],{"headerName":301,"sidemenuName":301,"url":107,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":302,"submenu":303,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[309,313,317,321,325,329,333,337,341,343],{"title":310,"url":311,"geofencings":312},"Blockchain technology","/learn/blockchain/",{},{"title":314,"url":315,"geofencings":316},"Company profiles","/learn/company-profiles/",{},{"title":318,"url":319,"geofencings":320},"Crypto 101","/learn/crypto-101/",{},{"title":322,"url":323,"geofencings":324},"Crypto definitions","/learn/crypto-definitions/",{},{"title":326,"url":327,"geofencings":328},"Crypto trading","/learn/crypto-trading/",{},{"title":330,"url":331,"geofencings":332},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":33},{"title":334,"url":335,"geofencings":336},"People profiles","/learn/people-profiles/",{},{"title":338,"url":339,"geofencings":340},"Security","/learn/security/",{},{"title":32,"url":31,"geofencings":342},{},{"title":344,"url":345,"geofencings":346},"Web3","/learn/web3/",{},1776943609856]