Bitcoin trading is similar to electronic wallet transactions but is more encrypted and secure. Here are the basic steps:
A scans B’s Bitcoin wallet address.
A enters the amount of Bitcoin to send and the transaction fee.
A sends the transaction information to the system for processing.
A’s wallet signs the transaction using A’s private key (password).
The transaction is validated by the servers in the Bitcoin network.
Bitcoin enters the system, and miners include the transaction in the next "block" for mining.
Miners successfully decode the "Proof of Work" and add the new block to the network.
Other miners verify the result and add the block to the blockchain.
B receives a transaction confirmation in their Bitcoin wallet.