CRYPTOCURRENCY

Ethereum: How do I spend bitcoins from multiple wallets in a single transaction?

Spending Bitcoins from several wallets in one transaction: a step-by-step guide

Bitcoin is a decentralized digital currency that allows users to send and receive funds without the need for intermediaries such as banks. However, when it comes to spending Bitcoins from several wallets in a single transaction, things can become complex.

In this article, we will explore how to spend Bitcoins from several wallets using the Bitcoin Core control line, a popular tool for managing cryptocurrency transactions.

Why send Bitcoins from several wallets?

There are several reasons why you might want to spend Bitcoins from multiple wallets in a single transaction:

* Divided transactions : When performing everyday transactions, it is common to divide the payment into smaller amounts. The use of several wallets ensure that the funds are distributed on different addresses.

* Multi-Signs Walves : Some wallets require more than one signature (or “sigs”) to authorize transactions. Bitcoins spending from several wallets allows these multi-signs complex configurations.

* Receiving more payments : If you receive more payments from different sources, spending everyone in a single transaction can simplify the process.

use of bitcoin to spend Bitcoins from several wallets

To spend Bitcoins from several wallets in a single transaction using bitcoin nucleus, follow these steps:

  • List your wallets : First, list all connected wallets and addresses associated with them. This will help you identify which wallet is responsible for each payment.

  • Create a new transaction

    : Use of the Bitcoin Core control line (for example, Bitcoinc -t 0x1234567890ABCDEF - -Mount = 10), create a new transaction involving Bitcoins spending from several wallets.

  • Specify addresses and amounts

    : Enter each wallet address and the amount associated in format: [Wallet_address]: [sum] .

  • List the outputs : Bitcoin Core will list all the results involved in the transaction, including the address, amount and other details of the recipient.

Example of transaction

Suppose you have three wallets:

Wallet A:0x1234567890ABCDEF

Wallet B:0x87654321098765A

Wallet C:0x0123456789ABCDEF

You want to spend 10 bitcoins from wallet A, 5 bitcoins from wallet B and 3 bitcoins from wallet C in a single transaction. Using Bitcoin Nucle:

  • List all wallets:

$ Bitcoinc -t 0x1234567890ABCDEF – -Mount = 10

$ bitcoinc -t 0x87654321098765a – -mount = 5

$ Bitcoinc -t 0x0123456789ABCDEF – -Mount = 3

`

  • Create a new transaction:

`

$ Bitcoinc -t 0x1234567890ABCDEF – -Mount = 10 – -outputs = [wallet A: 10, wallet B: 5, wallet C: 3]

`

Tips and Variations

* Use the --lal-outputs' option : This allows you to specify multiple outputs with different addresses.

* Specify a specific wallet as a sender : If you want to send Bitcoins from a wallet, but spend them on another, use the-Sfollowed by the recipient and the amount.

* Use the–noConfirm` option: Spend Bitcoins in one transaction without confirming each payment. This can be useful when performing large or complex transactions.

Following these steps and tips, you should be able to spend Bitcoins from several wallets in a single transaction using Bitcoin Core. Happy reference!

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