Reviewed Aug 2026
DE
BA-00P · LESSON 02

Receive a first payment

KEY DEFINITIONS

Terms used in this lesson

QR code
Quick Response code: a square barcode often used to move a PSBT or address across an offline boundary.

Create and verify a fresh receiving instruction, distinguish an address from a private key, and monitor the payment from unconfirmed relay to chosen confirmation depth.

45 min Difficulty 1/5 Not started

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01

Learn the idea

Receiving bitcoin begins with a payment instruction created by the receiver's wallet. It commonly contains an address, network, and optional amount. An address helps the sender construct a new output. It is safe to share, unlike the private key or recovery words, but using a fresh address for each payment improves privacy.

GUIDED EXPLANATION1/5 ideas inspected
1

Choose the correct network

Mainnet, test networks, and other chains use different address encodings and assets. Sender and receiver must agree on the intended Bitcoin network before value moves.

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Important distinctionA payment notification means the bitcoin is final.

A notification may describe only an unconfirmed transaction or even data supplied by an untrusted service. The receiver should verify the transaction and its confirmation state.

02
FINISH LEARNING FIRST

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