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Title: Generate a new address for each deposit Post by: WuLabsWuTecH on May 22, 2013, 03:41:59 PM Does anyone know why some exchanges generate a new address for each deposit? I mean all the old ones still work, and I just send to the first one I was assigned, but is this not a good practice? I mean obviously the exchanges are generating a new address for each deposit for a reason but I don't know what that reason is!
Thanks! Title: Re: Generate a new address for each deposit Post by: kodo on May 22, 2013, 03:44:18 PM Yea you can
Title: Re: Generate a new address for each deposit Post by: Birdy on May 22, 2013, 03:45:51 PM Anonymity. If you only use one adress you can see all Bitcoins going in/out for every user (if you know the adress).
Don't send coins to old adresses on exchanges! They may be reused for other users (-> you made someone very happy :D)! Title: Re: Generate a new address for each deposit Post by: WuLabsWuTecH on May 22, 2013, 03:58:31 PM Anonymity. If you only use one adress you can see all Bitcoins going in/out for every user (if you know the adress). Don't send coins to old adresses on exchanges! They may be reused for other users (-> you made someone very happy :D)! Most exchanges say you can reuse old addresses - i would assume this means they aren't reassigned. It's never been a problem for me. And I don't really care if people know where money is going to... |