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Title: Topics Does Dex address Have a time Limit? Post by: Thy7ace on December 20, 2023, 10:56:50 AM I will just go straight to the point. Someone I know of Copied his TRC20 wallet address from his CEX wallet. And sent it to someone during a particular transaction. So days after he wanted to do another transaction, With the same wallet address unknowing to him that CEX addresses have a particular fixed time interval. After the transaction with proof, he checked his CEX account wallet and found out that he did not receive the token. So he was wondering and confused of what would have caused it. So he decided to Copy the TRC 20 address from his CEX account on doing so he found out that the new address he copied were different from the old one he used. So back to my question does DEX account addresses have a time limit? Or is it permanent like our code wallet address. Title: Re: Topics Does Dex address Have a time Limit? Post by: Charles-Tim on December 20, 2023, 11:10:13 AM It depends on the decentralized exchange that you are using. Read the ToS and also read the instructions given about your deposit address. A good decentralized exchange will generate another bitcoin address for you anytime you have used one for deposit. But just like noncustodial wallets, that does not mean you can not send to the old address, but make sure you read about it on the decentralized exchange that you are using.
Title: Re: Topics Does Dex address Have a time Limit? Post by: Mia Chloe on December 20, 2023, 11:24:35 AM Op b like d kind wallet way u de talk about na hierarchical deterministic wallets" (HD wallets). I de familiar with mycelium and mycelium de use am. Dis HD wallets de change ur wallet address anytime way u make transaction. E de help de difficult 4 pesin to track ur wallet address so dis HD wallet matter com get extra privacy and security. Although say I no de aware for now if any CEX de do am .
Quote After the transaction with proof, he checked his CEX account wallet and found out that he did not receive the token. So he was wondering and confused of what would have caused it. So he decided to Copy the TRC 20 address from his CEX account on doing so he found out that the new address he copied were different from the old one he used As 4 dis matter e fit sti b say d pesin make mistake wen e de try copy d address.Title: Re: Topics Does Dex address Have a time Limit? Post by: Charles-Tim on December 20, 2023, 12:30:37 PM Although say I no de aware for now if any CEX de do am . This is how a true decentralized exchange should be. The decentralized exchanges that I know about are like this or will provide you many addresses that you can select from. They do not have a fixed address. You can send to many addresses that are yours. But it is good to read the instructions as I have said above because the OP did not specify on the decentralized exchange that he is using.As 4 dis matter e fit sti b say d pesin make mistake wen e de try copy d address. An exchange can change the deposit address at anytime. Although, most of them will notify their users. Not all users will read the notification because some do not have access to the email and some many not access the exchange to see the notification. Some will only know when the money has been sent to the old address. I think contacting the customer care may solve this.Title: Re: Topics Does Dex address Have a time Limit? Post by: Thy7ace on December 20, 2023, 01:35:00 PM Quote Some will only know when the money has been sent to the old address. I think contacting the customer care may solve this. Exactly that when e even took noticed about it. Damn we Didn't even think of contacting d customers care. We thought the cash is gone, and already recorded on block. Thanks @charles-Tim and @Mia Chloe you guys try alot, Now i know the precautions I should take and way to handle it. if such should should happen again. Forum truly worth spending time on. Lately I've seen the changes in me concerning cryptocurrencies since staying this forum. |