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Author Topic: Avoid sending your BTC to the same wallet its coming out of - Quick reminder  (Read 204 times)
Agbamoni (OP)
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November 20, 2023, 09:04:18 AM
 #1

Yesterday I tried making a Bitcoin transaction and I accidentally added the same address it's coming out of. Mistakenly I may have tap the copy to clipboard without realizing. Luckily for me I did not click the send button before I realized my self.

Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

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November 20, 2023, 09:14:03 AM
 #2


Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

If it’s possible don’t use the copy and paste address method so that you can also avoid clipboard malware, just type the receiving address straight into your wallet and triple check it before you broadcast your transaction. It’s a bit more time consuming but yet it’s better than sending your coin to a completely different address due to an unknown malware.

In your case you could have lost more than usual due to high transaction fees, but if the network wasn’t congested you could have only lost a few cents since you’ll still be the one receiving the coin back into your wallet more like you just gifted miners your fee, lol.

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Zaguru12
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November 20, 2023, 09:15:58 AM
 #3

What I think you did was to just copy and paste the address from the last transaction you sent to that account. This is a very bad way because first there is an issue of getting affected with the clipboard malware and without checking your receiving address properly you could send your bitcoin to scammers address. Also there is this dust attack you could also get caught with copying address from last transaction sent. If you plan to copy your address right it out in another file and whenever you want you can go and copy it from there.

And yes you’re right bitcoin can be sent back to the same address it is send out from, that’s probably what the Cancel options you see on wallets actually do or when you designate that particular address to receive the change again

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November 20, 2023, 09:24:25 AM
 #4

You can actually send bitcoin to the same address. Although, it is not making sense and it means no privacy.

But it is good to check and recheck the address that you are sending to for you not to send to a wrong address.

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November 20, 2023, 09:30:36 AM
 #5


Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

If it’s possible don’t use the copy and paste address method so that you can also avoid clipboard malware, just type the receiving address straight into your wallet and triple check it before you broadcast your transaction. It’s a bit more time consuming but yet it’s better than sending your coin to a completely different address due to an unknown malware.

In your case you could have lost more than usual due to high transaction fees, but if the network wasn’t congested you could have only lost a few cents since you’ll still be the one receiving the coin back into your wallet more like you just gifted miners your fee, lol.
This is helpful, but it could become stressful because the person needs to input each alphabet and letter individually. It won't be practical for multiple or bulk sending. In my opinion, it's better to compile all addresses in a spreadsheet. Then, whenever you want to send, you can simply go there, copy, cross-check, and send without having to type all the time.
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November 20, 2023, 09:37:15 AM
 #6

This is helpful, but it could become stressful because the person needs to input each alphabet and letter individually. It won't be practical for multiple or bulk sending. In my opinion, it's better to compile all addresses in a spreadsheet. Then, whenever you want to send, you can simply go there, copy, cross-check, and send without having to type all the time.
You can use QR code. With the use of QR code, there is nothing copied to the device clipboard for clipboard malware to change.


If you want to avoid clipboard malware, the best is to avoid malware generally. Also checking and rechecking the bitcoin address will also be helpful. Even while using QR code, I still check and recheck the address again.

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November 20, 2023, 09:39:07 AM
 #7


Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

If it’s possible don’t use the copy and paste address method so that you can also avoid clipboard malware, just type the receiving address straight into your wallet and triple check it before you broadcast your transaction. It’s a bit more time consuming but yet it’s better than sending your coin to a completely different address due to an unknown malware.

In your case you could have lost more than usual due to high transaction fees, but if the network wasn’t congested you could have only lost a few cents since you’ll still be the one receiving the coin back into your wallet more like you just gifted miners your fee, lol.

Manually typing in the address can also risk typing errors, especially for users who often experience typographical errors when typing.

Copy and paste addresses can still be used, but double-check the address before sending the transaction.

If it turns out that the pasted address is different from the copied address, most likely, there is clipboard malware. If so, I don't recommend using the device for transactions before it is completely cleaned from viruses and other errors.

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November 20, 2023, 09:52:03 AM
 #8

If you have concerns that your system may have a virus, then by default, you should not send anything anywhere. Writing a wallet address manually is very tedious, and if you are afraid that you might make a mistake when copying and your wallet will be replaced by another wallet, then there is a possibility of a virus, which will do its job, if not this time, then another time. Simply keep the system clean. If you know where you go online and what you do on your device, you won't get into trouble.

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November 20, 2023, 10:21:19 AM
 #9

If you have concerns that your system may have a virus, then by default, you should not send anything anywhere. Writing a wallet address manually is very tedious, and if you are afraid that you might make a mistake when copying and your wallet will be replaced by another wallet, then there is a possibility of a virus, which will do its job, if not this time, then another time. Simply keep the system clean. If you know where you go online and what you do on your device, you won't get into trouble.
Maybe this is worth mentioning, that malware and virus are not the same because all viruses are malware while not all malware are viruses. Clipboard malware is not a virus. What viruses do to devices is to damage file data, damage files and also make the device to work as it supposed not to be, like to slow down the system or to make it work abnormally.

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November 20, 2023, 10:28:12 AM
Merited by The Sceptical Chymist (2)
 #10

Yesterday I tried making a Bitcoin transaction and I accidentally added the same address it's coming out of. Mistakenly I may have tap the copy to clipboard without realizing. Luckily for me I did not click the send button before I realized my self.

Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

I made this mistake or I just really wanted to try what would happen I don't remember why I did that but I did when the fees were a few sats. Already we have threads like How to lose your Bitcoins with CTRL-C CTRL-V which convey the same what you are talking about and the importance of ensuring the recipient address while sending BTC. For the convenience, we can use the QR codes now and its better compared to copy/paste.

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November 20, 2023, 10:29:38 AM
 #11

If you have concerns that your system may have a virus, then by default, you should not send anything anywhere. Writing a wallet address manually is very tedious, and if you are afraid that you might make a mistake when copying and your wallet will be replaced by another wallet, then there is a possibility of a virus, which will do its job, if not this time, then another time. Simply keep the system clean. If you know where you go online and what you do on your device, you won't get into trouble.
Maybe this is worth mentioning, that malware and virus are not the same because all viruses are malware while not all malware are viruses. Clipboard malware is not a virus. What viruses do to devices is to damage file data, damage files and also make the device to work as it supposed not to be, like to slow down the system or to make it work abnormally.
Oh, my God Roll Eyes. Would you argue with the statement that if a device is not clean, then it should not be used? Why explain to me what a virus or stealer is? The point is that if you are not in a sterile room, one or another infection will reach you. To avoid this, just be sure that there is no malware on your device. You can never be sure what a virus or other crap can do to your device because you didn't create it.

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November 20, 2023, 10:33:17 AM
Merited by lovesmayfamilis (1)
 #12

Oh, my God Roll Eyes. Would you argue with the statement that if a device is not clean, then it should not be used? Why explain to me what a virus or stealer is? The point is that if you are not in a sterile room, one or another infection will reach you. To avoid this, just be sure that there is no malware on your device. You can never be sure what a virus or other crap can do to your device because you didn't create it.
I am not implying that you are wrong, you are definitely right, but just for you to know that virus is different from clipboard malware. Even if someone is reckless enough to mistakenly get virus on his device, probably other type of malware may be on his device.

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November 20, 2023, 11:03:33 AM
 #13

Op are you thinking that your Bitcoin will get lost if you want it back to your address? I don't think so, you will pay for the transaction but you will get your Bitcoin back into your wallet, I haven't made this mistake sending Bitcoin but I have done this sending Ethereum before, I mistakenly copy my address and send the ETH back to me, the gas fee was deducted and my ETH came back to me.

To avoid Clipboard Malwares I now always use QR Code instead, most crypto wallet have this option available and also crypto exchanges too, just scan and send, way better and secured than copy pasting the wallet address.

I only have this weird feeling of copy pasting on PC, I believe it's the home for malware attacks on your PC, I have witnessed few Clipboard malware before and I haven't seen such on mobile smartphones, so if you are a PC user, your chances of getting this Clipboard malware is very higher compare to using a smartphone.

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November 20, 2023, 12:27:54 PM
 #14

If it’s possible don’t use the copy and paste address method so that you can also avoid clipboard malware, just type the receiving address straight into your wallet and triple check it before you broadcast your transaction. It’s a bit more time consuming but yet it’s better than sending your coin to a completely different address due to an unknown malware.

Are you serious? Bitcoin addresses are typically 26-35 characters long, and it is difficult for an individual to write 26 characters with zero probability of error. Therefore, scanning the QR is the ideal solution, or copying and pasting the address, making sure of the first 7 characters and the last 7 characters, or the entire address if you have time, but The first 7 and last 7 can be considered safe.

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November 20, 2023, 01:20:03 PM
 #15

Are you serious? Bitcoin addresses are typically 26-35 characters long, and it is difficult for an individual to write 26 characters with zero probability of error. Therefore, scanning the QR is the ideal solution, or copying and pasting the address, making sure of the first 7 characters and the last 7 characters, or the entire address if you have time, but The first 7 and last 7 can be considered safe.
Writing it down manually or typing it manually is terrible idea as it opens so many chances for typos, mistakes. Solution is copy and paste it or print it on paper that are safer than writing or typing manually.

Double check with first few and last few characters are good steps to avoid mistakes when broadcasting a transaction, of course with a condition that a device is clean. Years ago, exchanges did not have pop-up for checking first and last characters but nowadays, I see they require users to check addresses or first and last few characters before making a withdrawal request. I think it is their good preventive protection for their customers.

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November 20, 2023, 01:55:15 PM
 #16


Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

If it’s possible don’t use the copy and paste address method so that you can also avoid clipboard malware, just type the receiving address straight into your wallet and triple check it before you broadcast your transaction. It’s a bit more time consuming but yet it’s better than sending your coin to a completely different address due to an unknown malware.

In your case you could have lost more than usual due to high transaction fees, but if the network wasn’t congested you could have only lost a few cents since you’ll still be the one receiving the coin back into your wallet more like you just gifted miners your fee, lol.

I wouldn't recommend typing a public address because the probability of typing it wrong is higher.
Just one alphabet wrong and you will lose your entire amount you sent to that address.
Copying the address is way better than this and much better would be just to scan the QR.
It's always mandatory to triple check the address before you confirm sending the coins.

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November 20, 2023, 02:24:41 PM
 #17

It's always mandatory to triple check the address before you confirm sending the coins.
Some exchanges have many steps for users to check and confirm a withdrawal information before finalizing it to the exchange for approval.

Like a pop-up window to double check address. A confirmation email to check the address one more step. By checking the address two to three times, chance to make mistake is small.

In addition, if that is an address you are familiar to send coins to, you can use Whitelist feature for faster and smoother process as well as avoid mistake too.

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November 20, 2023, 02:33:14 PM
 #18

I wouldn't recommend typing a public address because the probability of typing it wrong is higher.
Just one alphabet wrong and you will lose your entire amount you sent to that address.
Yep, just copy paste, then check the last 3 digits and the middle too, having a same last 3-5 digits doesn't mean you're copied a correct address. Someone in this forum ever faced this before.

You can actually send bitcoin to the same address.
Could it be used to consolidate inputs? I only know send between address in a same wallet is possible.

R


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November 20, 2023, 02:38:03 PM
 #19

Yesterday I tried making a Bitcoin transaction and I accidentally added the same address it's coming out of. Mistakenly I may have tap the copy to clipboard without realizing. Luckily for me I did not click the send button before I realized my self.

Why you will use an address coming from the clipboard suggestion? I’m always sending funds on same wallet due to my commitment to donation but I’m always copying the address from the source no matter how repetitive the process since I want to make sure that address I copy is right despite I’m always sending on it regularly.

Your problem is not about sending Bitcoin on same address but rather sending Bitcoin on a  previous address that you send some Bitcoin.

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November 20, 2023, 02:41:10 PM
Merited by Helena Yu (1)
 #20

You can actually send bitcoin to the same address.
Could it be used to consolidate inputs? I only know send between address in a same wallet is possible.
You mean if you want to consolidate inputs, that can you send all the UTXOs to one of the addresses that has your UTXOs? So far you can send to the same address that you have the coins, that makes it also possible. Yes, you can.

If I want to consolidate, I will prefer another address that I have not used before.

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