Introducing Multi-Recipient Transactions for UTXO Wallets in the BitGo UI

We're pleased to announce that BitGo now supports multi-recipient transactions directly from our UI. This feature, previously available only to SDK users, is now accessible to all, streamlining your UTXO wallet experience.

Why Multi-Recipient Transactions Make a Difference

Traditionally, sending funds to multiple addresses meant creating individual transactions for each recipient. This process wasn't just time-consuming - it also meant paying higher fees due to multiple transaction costs.

With our new multi-recipient feature, you can now include multiple outputs in a single transaction. This lets you pay multiple addresses at once, saving time and reducing fees.

Key Benefits

• Cost Savings: Consolidate payments into a single transaction to reduce overall fees.

• Time Efficiency: No need to process multiple transactions-enter all recipients at once.

• Operational Efficiency: For custodial wallets, you only need to do a single video ID.

• Simplified Management: Group payments into a single transaction record for easier tracking and management.

How It Works

1. In the withdrawal screen, click the "New Address" button to add another recipient.

2. Enter the address and the amount for each recipient.

3. The preview will show the total amount being sent.

4. When you confirm the withdrawal, a single transaction will process all payments.

The UI currently supports up to 10 recipients per transaction.

Experience a faster, more efficient way to manage your UTXO wallet transactions. Try it today in your BitGo account. Connect with us to learn more.