A basic Bitcoin transaction involves several steps to securely move coins from one person to another. First, the sender creates a transaction using their Bitcoin wallet, specifying the recipient’s address and the amount. The transaction is then digitally signed with the sender’s private key to prove ownership. Next, it is broadcast to the Bitcoin network, where miners verify it by checking balances and solving complex mathematical problems. Once verified, the transaction is added to a block on the blockchain, making it permanent and immutable. Finally, the recipient’s wallet reflects the received Bitcoin, completing the process securely and transparently.