Knowledge Base
Sending & Receiving Bitcoin
How do I enable send/receive functionality?
This guide will walk you through the requirements and steps necessary to enable Send/Receive functionality on your River Financial account.
When can I send my Bitcoin from River Financial?
Any bitcoin that you purchase through River Financial will be subject to a holding period to ensure that the transaction was not fraudulent.
How do I use the Lightning Network on River?
The Lightning Network is a protocol that enables instant, low-cost Bitcoin transactions. River currently supports receiving over Lightning in amounts up to 0.5 BTC and sending over Lightning up to 0.5 BTC.
Is there a Bitcoin transaction fee?
Yes, there are Bitcoin network fees when sending bitcoin from your River account. These network fees are small amounts of Bitcoin given to incentivize Bitcoin miners to confirm Bitcoin transactions on the network.
How do I receive Bitcoin (on-chain) into my account?
There are currently two methods you can use to receive Bitcoin: on-chain and Lightning. This article covers how you can receive Bitcoin on-chain.
How do I send bitcoin (on-chain) from my account?
There are currently two methods you can use to send bitcoin: on-chain and Lightning. This article covers how you can send Bitcoin on-chain.
How do I send Bitcoin from Coinbase to River?
This guide will walk you through the simple steps required to move your Bitcoin from your Coinbase account to your River Financial account.